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Punjab approves disbursal of Rs 14,000 cr arrears for employees, pensioners

Business Standard LogoBusiness Standard5d ago

Punjab approves disbursal of Rs 14,000 cr arrears for employees, pensioners - Business Standard

Quick Summary:

A spokesperson of the Chief Minister's Office said the Cabinet gave the approval to release arrears of revised pay and pensions and leave encashment from the period of January 1, 2016, to June 30, 202,2 and that dearness allowance from July 1, 2021, to March 31, 2024, for pensioners and employees.

The Punjab Cabinet on Thursday accorded consent to disburse pending arrears of government employees and pensioners worth Rs 14,000 crore.

A decision to this effect was taken in the meeting of the Council of Ministers held here under the chairmanship of Chief Minister Bhagwant Mann, said an official release.


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Category: BusinessFinance

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News Sentiment: Negative

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Article Type: News Report

Published On: 2025-02-13 @ 23:40:11 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 858 words

Reading Time: 5 minutes read

Sentences: 31 lines

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Copyright Owner: © Business Standard

News ID: 26126955

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