10 million government workers just got a massive salary increase

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The Indian Government Is Suing Nestle

Though it might put budgetary pressure on the government, India just made a huge step in increasing pay for low-wage government workers and those on pension.

In fact, the new price hike will affect around 4.7M government workers and 5.3M pensioners, meaning nearly 10M Indians will see a jump in their monthly pay.

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In a country where working for the government is one of the best ways to get high-level benefits, these coveted positions just became even more appealing.

Approved by Prime Minister Narendra Modi, the pay increases range depending on employee level.

Minimum monthly salary for a government employee will be increased from the equivalent of $100 to $270 for Cabinet members and other top-level government employees will see an increase to a level $3,300 per month.

The wage hikes are estimated to cost the Indian government around $15B this financial year, but they're also predicted to help increase consumer spending — something the Indian economy could use.

RELATED: Millennial salaries across the US

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Millennial Salary Across US
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Millennial Salary Across US

Median personal income for all employees: $31,100

Median income for millennials: $20,000

Median personal income for all employees: $44,000

Median income for millennials: $27,500

Median personal income for all employees: $33,000

Median income for millennials: $20,800

Median personal income for all employees: $30,000

Median income for millennials: $20,000

Median personal income for all employees: $35,000

Median income for millennials: $21,900

Median personal income for all employees: $38,000

Median income for millennials: $24,000

Median personal income for all employees: $44,000

Median income for millennials: $23,300

Median personal income for all employees: $38,000

Median income for millennials: $25,000

Median personal income for all employees: $55,000

Median income for millennials: $43,000

Median personal income for all employees: $30,000

Median income for millennials: $20,000

Median personal income for all employees: $33,000

Median income for millennials: $20,000

Median personal income for all employees: $37,000

Median income for millennials: $25,900

Median personal income for all employees: $30,000

Median income for millennials: $19,000

Median personal income for all employees: $37,500

Median income for millennials: $23,000

Median personal income for all employees: $33,000

Median income for millennials: $20,000

Median personal income for all employees: $35,000

Median income for millennials: $23,000

Median personal income for all employees: $35,000

Median income for millennials: $21,000

Median personal income for all employees: $31,000

Median income for millennials: $20,000

Median personal income for all employees: $33,000

Median income for millennials: $22,000

Median personal income for all employees: $33,400

Median income for millennials: $19,200

Median personal income for all employees: $45,000

Median income for millennials: $26,000

Median personal income for all employees: $44,000

Median income for millennials: $25,000

Median personal income for all employees: $33,700

Median income for millennials: $19,300

Median personal income for all employees: $39,000

Median income for millennials: $24,000

Median personal income for all employees: $30,000

Median income for millennials: $19,400

Median personal income for all employees: $32,900

Median income for millennials: $20,000

            

Median personal income for all employees: $30,000

Median income for millennials: $18,000

Median personal income for all employees: $34,400

Median income for millennials: $23,000

Median personal income for all employees: $33,000

Median income for millennials: $24,000

Median personal income for all employees: $40,000

Median income for millennials: $21,000

Median personal income for all employees: $44,000

Median income for millennials: $25,000

Median personal income for all employees: $30,000

Median income for millennials: $19,200

Median personal income for all employees: $40,000

Median income for millennials: $25,000

Median personal income for all employees: $31,900

Median income for millennials: $20,000

Median personal income for all employees: $36,000

Median income for millennials: $25,000

Median personal income for all employees: $35,000

Median income for millennials: $20,000

Median personal income for all employees: $32,000

Median income for millennials: $22,000

Median personal income for all employees: $32,000

Median income for millennials: $20,000

Median personal income for all employees: $36,000

Median income for millennials: $23,400

Median personal income for all employees: $37,200

Median income for millennials: $20,000

Median personal income for all employees: $30,000

Median income for millennials: $19,700

Median personal income for all employees: $32,200

Median income for millennials: $21,000

Median personal income for all employees: $31,000

Median income for millennials: $20,000

Median personal income for all employees: $34,000

Median income for millennials: $22,000

Median personal income for all employees: $31,000

Median income for millennials: $20,000

Median personal income for all employees: $35,500

Median income for millennials: $24,000

Median personal income for all employees: $40,000

Median income for millennials: $25,000

Median personal income for all employees: $40,000

Median income for millennials: $24,000

Median personal income for all employees: $31,000

Median income for millennials: $19,000

Median personal income for all employees: $35,000

Median income for millennials: $20,000

Median personal income for all employees: $37,000

Median income for millennials: $24,400

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