CoronaCrisis : Heavy salary cut for Telangana state govt employees
By Newsmeter Network Published on 30 March 2020 4:50 PM GMT
Hyderabad: Chief Minister K. Chandrasekhar Rao, on 30 March, imposed heavy salary cuts at all levels of the government for this month to tide over the present financial crisis on account of the Corona virus pandemic.
After meeting senior officials at the Telangana Bhavan, KCR said, "The Corona virus has adversely impacted the state’s economic situation. Hence the state government has to act with caution and foresight. A high-level review meeting was held at the Pragathi Bhavan on the financial situation of the state and decisions were taken about payment of various salaries accordingly."
It has been decided that the Chief Minister, the Cabinet ministers, the MLAs, the MLCs, the state corporation chairpersons and representatives of local bodies would take a 75 per cent cut. There will be a 60 per cent salary cut for all-India service officers such as the IAS, the IPS and the IFS cadre. All other categories of state officers will get a 50 per cent salary cut.
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Class IV and contract employees will have 10 per cent of their salary cut. Pensioners from all categories will also see a 50 per cent cut. Employees in all public sector undertakings and institutions receiving government grants will also see a cut in their income for a month.
The monthly expenditure of the state government on salaries is nearly Rs 3,500 crore. The government is expected to save nearly Rs 2,000 crore with the pay cuts.
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