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Howrah news service writes in its report ”

Sources in the government confirmed that the pay commission report is going to be taken up by the Union Cabinet for consideration during its meeting on Thursday. But as the Cabinet notes suggest, the report is most likely to be referred to the 13th Finance Commission to asses the impact on government treasury, they added.

Interestingly, issues relating to oil bonds worth Rs 39.5 thousand crores and fertiliser subsidies worth about more than Rs 1 lakh crore are also slated to be referred to the Finance Commission.

These issues have been referred to the commission with a set of terms of reference, which include cost assessment in case of the Sixth Pay Commission report. While in case of oil and fertiliser subsidies, the commission has to decide how to stager in repayment and minimise the impact on government exchequer.”