5 per cent interim relief released by HP govt

5 per cent interim relief released by HP govt 

Himachal Government today released five per cent interim relief to its employees and pensioners from August 1 this year.

The Interim Relief (IR) would be paid on basic salary plus Grade Pay but would not be part of salary and no allowance would be payable on it, a notification issued by the government said.

The pensioners would also get five percent interim relief from August 2016, payable along with pension for the month.

The release of IR would put annual burden of about Rs 300 crore on the state exchequer, Additional Chief secretary, SK Baldi said.

Chief minister Virbhadra Singh had made the announcement to release five per cent IR from August 1 during his budget speech in March this year.

However, the government has not yet released the installment of six per cent additional DA to the employees which was due from January 1, 2016.

Meanwhile, the government?today announced 8.1 per cent interest on general provident Fund and other such savings to the employees for current Financial Year.

Source : zeenews