Chief Minister V Narayanasamy said his government had agreed to implement the panel's recommendations and the funds needed for payment of revised pay structure for government staff would be around Rs 500 crore.
"We have approached the Centre for the allocation," he told reporters here after attending a meeting to review the fiscal position of Puducherry.
He also said the government will embark upon a drive to realise taxes due from diesel and petrol dealers, totalling Rs 100 crore.
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