₹1.1L cr for pay hike, OROP in next Budget: FM
Finance Minister (FM) Arun Jaitley on Friday said that the Union Budget for the 2016-17 fiscal needs to provide ₹1.10 lakh crore for the implementation of the 7th Pay Commission's recommendations and the One Rank One Pension (OROP) scheme. He further said, “More incentives will be given to the agriculture sector for increasing… production and productivity.”