TheHindu, today carries an article titled "Why Govt must hire more", authored by Sri. Nitin Pai (Director, Takshasila Institution).
These days, we know that the Central employees and Pensioners are being cursed by the Media and public. They accuse that the Central staff and Pensioners eat away all in the National exchequer. Thank God, there are a few economists, thinkers, and Policy specialists who say otherwise.
Last day, ISROfef quoted an article here saying that the increase in wages for the govt employees and pensioners are doing good for the economy. Though it seems a lot of money is spent, the economists proved that it does a good impact on the total economy. It drives demand, production, and further income for the Govt. And such pay increases must be well understood as the additional cost of running the Govt machinery. Thus the cycle of exchanging values takes place. That's the core behind the economic dynamism of a country. The wage revision for the large block of people who serve the rest of population thus further pushes the economic dynamism.
In today's article the author says " India should combine the pay and administrative reforms commission, reflecting a new mindset -- one that is ready to pay its public officials well, increase their numbers and invest in building competency."
He adds that " In a country , the economy and society are usually ahead of the Government, which causes a governance gap to emerge. In India , this gap is wide and growing. The only way to narrow it is by increasing the quality and quantity of public officials".
My fellowmen, ..... Are you all listening ?
My dear Mediamen, Are you noting this ?
Please..Please .. communicate this truth and wisdom to the public. please tell them that the 7CPC expenditure is essential and is GOOD for them !! Not only for Govt staff and pensioners, but also for the whole of the public.
Please read the full article (reproduced from TheHindu below) .
These days, we know that the Central employees and Pensioners are being cursed by the Media and public. They accuse that the Central staff and Pensioners eat away all in the National exchequer. Thank God, there are a few economists, thinkers, and Policy specialists who say otherwise.
Last day, ISROfef quoted an article here saying that the increase in wages for the govt employees and pensioners are doing good for the economy. Though it seems a lot of money is spent, the economists proved that it does a good impact on the total economy. It drives demand, production, and further income for the Govt. And such pay increases must be well understood as the additional cost of running the Govt machinery. Thus the cycle of exchanging values takes place. That's the core behind the economic dynamism of a country. The wage revision for the large block of people who serve the rest of population thus further pushes the economic dynamism.
In today's article the author says " India should combine the pay and administrative reforms commission, reflecting a new mindset -- one that is ready to pay its public officials well, increase their numbers and invest in building competency."
He adds that " In a country , the economy and society are usually ahead of the Government, which causes a governance gap to emerge. In India , this gap is wide and growing. The only way to narrow it is by increasing the quality and quantity of public officials".
My fellowmen, ..... Are you all listening ?
My dear Mediamen, Are you noting this ?
Please..Please .. communicate this truth and wisdom to the public. please tell them that the 7CPC expenditure is essential and is GOOD for them !! Not only for Govt staff and pensioners, but also for the whole of the public.
Please read the full article (reproduced from TheHindu below) .
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