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India may need extra 250 billion rupees for proposed pay hike

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Economists were puzzled when Mr Jaitley said he had made an "adequate" provision for the pay hike because the amount wasn't found anywhere in the budget

New Delhi

PRIME Minister Narendra Modi's administration plans to ask Indian lawmakers later this year for about 250 billion rupees (S$5 billion) more to cover a proposed salary increase, according to Finance Ministry officials with knowledge of the matter.

The federal budget

sentifi.com

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