Govt. ready to have dialogue on pay hike : F.M.

India needs to grow by additional 1-1.5 per cent so that it can sustain wage hike and other benefits given to workers and the poor, Finance Minister Shri Arun Jaitley said today.

"Our GDP growth of 7.5 per cent is at a time when the world is experiencing global slowdown. We need to increase our growth rate. We have to at least increase it by 1-1.5 per cent," he said at the felicitation function organised by Bharatiya Mazdoor Sangh (BMS).

The government is ready to have dialogue with the trade unions with regard to wage increase, he said.