Monday 25 May 2020
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business-standard - 2 days ago

Mizoram govt to defer payment of part of salaries of employees

The Mizoram government has decided to defer the payment of a part of the salaries of employees to deal with the economic slowdown caused by the outbreak of novel coronavirus, Chief Minister Zoramthanga said on Saturday. There will be a deferment between 5 and 15 per cent of the gross salaries of the employees to deal with the economic fallout of COVID-19, the chief minister said. It does not mean that this is a pay cut. The employees will be paid once the financial condition improves, Zoramthanga told a news conference. The state government has been grappling with financial crisis with a plunge in post devolution revenue deficit grant (PDRDG), share of taxes received from the Centre and also decline in Goods and Services Tax (GST) collection and the state s own revenue due to the nationwide lockdown imposed to contain the spread of coronavirus, Zoramthanga said. He said that the state finance department has been directed to determine the salary deferment based on the ..

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