Karnataka CM Siddaramaiah announces major pay revision for govt employees, wage bill to go up by Rs 20,208 cr per annum

The hike in pay and pensions would mean an additional expenditure of Rs 20,208 crore per annum to the cash-strapped government which has been struggling to meet demands from both government and MLAs who have been lobbying hard for funds for their constituencies. The government has set aside the funds in the budget for 2024-25 to meet the revised pay and pension, the CM said.