SIXTH PAY COMMISSION
NEW DELHI: The annual expenditure of the Department of Posts was 13,307.95 crore during FY11, almost double its revenue of 6,962.33 crore, government data showed
This has "resulted in a deficit of 6,345.62 crore," Minister of State for Communications and IT Sachin Pilot said in a written reply to the Lok Sabha.
Similarly, in FY10, while the Department earned 6,266.30 crore, it spend 12,908 crore.
The department's deficit had jumped over 80% to 6,641.30 crore in 2009-10 from 3,593.09 crore in 2008-09 on account of the implementation of the Sixth Pay Commission's recommendations.
THE ECONOMIC TIMES 22nd Aug'2011
NEW DELHI: The annual expenditure of the Department of Posts was 13,307.95 crore during FY11, almost double its revenue of 6,962.33 crore, government data showed
This has "resulted in a deficit of 6,345.62 crore," Minister of State for Communications and IT Sachin Pilot said in a written reply to the Lok Sabha.
Similarly, in FY10, while the Department earned 6,266.30 crore, it spend 12,908 crore.
The department's deficit had jumped over 80% to 6,641.30 crore in 2009-10 from 3,593.09 crore in 2008-09 on account of the implementation of the Sixth Pay Commission's recommendations.
THE ECONOMIC TIMES 22nd Aug'2011
