Revised pay-scales, effectively a hike of about 25 per cent and a doubling of allowances, will benefit over 12 lakh State Government employees and over 6 lakh pensioners and family pensioners.
- Additional outgo of Rs 5,155.79 crore (from Rs 21,000 cr to 26,000 crore)
- Effective notionally from January 1, 2006
- Monetary benefit accruing from January 1, 2007
- Arrear payout of Rs 11,093 crore to be paid in three equal annual instalments beginning from the current year.
Now over 45 per cent of the State’s annual revenue of Rs 59,000 crore would be spent on salaries and pensions.