Rs 70,000 crore allocated for 7th pay commission in Budget 2016

As much as Rs 70,000 crore has been provisioned in the Union Budget 2016-17 for implementation of Seventh Pay Commission for government employees, a top finance ministry official said.

While the Budget did not provide an explicit overall provision number, the government had said the 7th Pay Commission hike has been built in as interim allocation for different ministries and Budget numbers were credible. Implementation of the pay commission report in toto is to cost the government Rs 1.02 lakh crore.