Wednesday, November 27, 2024
spot_img

Despite fund crunch, state govt employees to get full salary

Date:

Share post:

spot_img
spot_img

SHILLONG: Despite a big slump in liquidity of the government, the big army of government servants will receive their salaries in full next month.
Coming as a big relief for its 80,000 employees, the government has decided not to impose any salary deferment for the month of May.
Informing this, Chief Minister, Conrad Sangma said on Wednesday that the decision for the salary deferment last month was taken as a precaution for effective management of state finances against the backdrop of prevailing lockdown.
According to Sangma, the government decision not to withhold salary was in deferment of request from the employees for disbursement of full salaries for the month of May to be paid in June.
Admitting that the state economy had suffered two big blows due to decline in local revenue generation and the unanticipated deduction of 25% of tax devolution from the Centre, Sangma said that the government was constantly monitoring the situation at hand.
He however added optimistically that the revenue would pick up in the next two months as government would cautiously move towards resumption of economic activities.
Asked what holds for the immediate future of state economy, Sangma was of the view that the future course would much depend on the devolution of taxes to be received from the Centre.
Earlier, the government had withheld the payment of half of the salaries of cabinet ministers, bureaucrats, and its 80,000 employees.

spot_img
spot_img

Related articles

2 workers from Assam killed in mound collapse in Itanagar

Itanagar, Nov 27:  Two construction workers from Assam were killed and two others injured in Arunachal Pradesh’s Itanagar...

NPP’s strength increases to 32 MLAs in 60-member Meghalaya Assembly

Shillong, Nov 27: The ruling NPP in Meghalaya now enjoys the support of 32 MLAs in the 60-member...

Sensex ends in green, Adani Ports top gainer

Mumbai, Nov 27: The Indian stock market ended in green on Wednesday as buying was seen in the...

Adani Portfolio stocks rally up to 20 pc, Group adds Rs 1.25 lakh crore to its market cap

Mumbai, Nov 27: The Adani Group saw a stupendous rise in its market capitalisation on Wednesday, adding nearly...