Kolkata: The recommendations of the 8th Pay Commission, for which Prime Minister Narendra Modi has already given the green light, will be effective from the first day of 2026. While it has spread cheer among 1.15 crore central government employees and pensioners, it would certainly have an impact on the state exchequer. Just before the Union budget 2025, Dr Arpita Mukherjee, professor, ICRIER told News9live that there are far significant factors that will have an impact on budget of FY26.

While highlighting that the pay commission is expected to ensure equitable salary adjustments, improve financial security and stimulate economic growth, Mukherjee also underscored the fact that when the government hikes salary, there is an impact on the private sector as well since it also might have to revise their salaries, which, in turn, will raise their costs.

Mukherjee pointed out that........

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