The Telangana government on Monday night announced massive salary cuts as high as 75% for all its executives, political representatives an...
The Telangana government on Monday night announced massive salary cuts as high as 75% for all its executives, political representatives and employees as the country’s economy suffers a whiplash amid the three-week countrywide lockdown to contain the spread of coronavirus, NDTV reported. The decision was taken at a high-level review meeting held earlier at Pragathi Bhavan to take stock of the financial position of the state at the time of the pandemic.
According to the proposed plan, Chief Minister K Chandrasekhar Rao will take a 75% cut in his salary, along with all other members of his Cabinet, MLCs and MLAs in the state. Salaries of all state corporation chairpersons and representatives of local bodies will also be slashed by 75%.
There will be cuts for all Public Sector Undertakings, institutions that are receiving government grants, government employees and retirees.
For the bureaucrats in the state, the government has announced a 60% salary cut for Indian Administrative Services, Indian Police Service, Indian Foreign Services and other Central Service Officers.
Apart from this, a 50% cut has been announced in the salaries of other category of employees, the government said. For Class IV, outsourcing and contract employees, there will be a 10% cut in their salaries. All...
