Quote – Vineet Relia, Managing Director, SARE Homes – 7th pay commission
βIn the wake of current economic indicators poised towards fiscal rectitude, the finance ministry today announced the seventh pay commission. The revised slabs would help to flush in more liquidity in the market by broadening the channel of purchasing capacity of nearly one crore employees in India. The raise in hike would definitely have a ripple effect on private sector too. We as developers hail the governmentβs decision and the intent of the pay commission that would also help us to synergize with the growth of real estate and economic prosperity of the nation, coupled with boosting the investors sentiment to new heights.β
We would greatly appreciate if Mr. Reliaβs quote could be incorporated in case you are planning a story on industry reactions following the development.
