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Rediff.com  » Business » Khurshid clarifies his stand on high CEO salaries

Khurshid clarifies his stand on high CEO salaries

Last updated on: October 6, 2009 14:52 IST

Corporate Affairs Minister Salman Khurshid put forth his view against paying huge salaries to top company executives and managers, in New Delhi on Monday.

He said the government would very much like top company brass to lead an austere lifestyle. Khurshid said that display of wealth is unacceptable in the current economic scenario.

Source: ANI