2nd Installment of 6th Pay Commission Arrears is coming

It is reported in a section pf press that second and final installment of sixth pay commission arrears is scheduled to be paid next month. It is important to note that Arrears of sixth pay commission were to be paid in two installments, While first installment of 40% of arrears was paid in last FY, second installment of 60% of arrears is due in this FY. Now it is being reported that this installment will be paid in September 2009. Some are linking it to recovery of economy as well. Public expenditure of this order will help in increasing the demand thereby giving a boost to economy.

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