May 18, 2024

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News at Another Perspective

Doubts persist regardless of Isaac’s daring announcement of pay hike

2 min read

By Express News Service
THIRUVANANTHAPURAM: Finance Minister Thomas Isaac’s buget announcement that pay revision for state staff and pensioners will likely be carried out in April has been taken with a pinch of salt by the stakeholders. While some query the rationale of together with the pay revision amongst budgetary bulletins, others voiced doubts about its implementation earlier than the tenure of the LDF authorities involves an finish.

Towards the fag finish of his funds speech, Isaac mentioned the wage arrears will likely be paid later in three instalments. Of the 2 DA arrears, one will likely be disbursed from April this 12 months whereas the opposite will likely be given in October. The arrears will likely be merged with the PF. Medisep, the medical insurance scheme for state staff and pensioners, will likely be rolled out this 12 months, Isaac mentioned.

The final pay revision carried out in 2016, had inflicted a monetary burden of Rs 7,700 crore on the exchequer. Congress chief V D Satheesan, MLA mentioned the federal government went forward with the announcement realizing absolutely properly that it’ll not be voted again to energy. “The huge financial burden will have to be borne by the incoming government,” Satheesan mentioned.

Ok Vimalan, president of the Kerala Gazetted Officers’ Union (KGOU), mentioned that the incumbent authorities might defer implementation of the fee’s suggestions citing technical grounds until the Election Commission pronounces the meeting ballot dates. He mentioned the federal government is silent on restoring the advantages which the workers had been disadvantaged of earlier.

E7,700 crThe exchequer had incurred for the final pay revision in 2016Pay revision for workers, pensioners in April this 12 months: Isaac Opposition dubs it an eyewash aimed on the electionSalary arrears to be paid in three instalments; DA arrears from April

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