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8th Pay Commission: Why Salary Arrears Matter For India's FY28 Consumption

NDTV - Trending·22 Oct 2026
8th Pay Commission: Why Salary Arrears Matter For India's FY28 Consumption

Jefferies expects higher government salaries and potential arrears under the 8th Pay Commission to support discretionary spending in FY28. Implementation timing remains uncertain, while a weak…

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