Saturday , May 18 2024

DEFERMENT OF SALARIES WILL DEMORALIZE THE GOVERNMENT EMPLOYEES AND DRY THE CASH FLOW IN THE STATE ECONOMY

Hyderabad Apr 1 (PMI):  The decision of the Telangana State Government for Deferment of wages, Salaries and Pensions to all the state Government employees, Outsourcing and Contract employees seems to be hassled decision without taking into account its repercussions on the already crumbling economic situation prevailing in the state, country and world over amid Corona Virus Covid-19 pandemic.

Honorable Chief Minister Shri K. Chandrashekhar Rao (KCR) in a Government Order has cited the lack inflow of resources due to the lockdown and additional expenditures being incurred to control the spread of Covid-19 in the state for taking up the deferment of Salaries and asked for the cooperation from the society to support the Government decision in this challenging time.

Many of the Politicians, Economist, NGO’s and the general public has deplored this announcement/decision and called for its immediate repeal. They were of the view that it will demoralize the Government Employees and specially the Police Department, Health Department, Municipal Cooperation and other essential services employees who are working day and night to support and implement the government objective to control the spread of Covid-19 in the state.

Social workers and Community heads who are helping the Government in spreading its advise, directives and orders to the core sections of the society has deplored the dual standard of the government where it is exhorting the landlords and house owners not to insist for the rents till the situation normalize and has advised the Private Companies, Small and Medium Scale Companies, Construction Companies to pay their employees for the lockdown period while Government is Contradicting its own advisories by deferment of salaries to its employees thus providing an example for others in the private sector to deprive their employees of wages/salaries citing lack of business and cash inflows.

While Financial Experts, Planners and Economists have cited the lacuna in the budgetary planning of both State and Center Governments of ignoring the allocations of funds to deal with Epidemics, Natural and Manmade disasters in the normal times. They said that the Government should have diverted the capitals from other non-essential projects to mitigate the lack of cash inflows at present instead of ordering deferment of Wages/Salaries.

Kudos to the NGO’s, Religious Organizations, Welfare & Charitable Trusts, Philanthropists and general public who have generously led the efforts in Feeding, Sheltering and providing groceries and ration to the poor, needy and migrant workers. While the Government were seen doing lip service and their foot on the ground were hardly seen.

In this difficult times of lockdown due to pandemic Covid-19 which have brought the whole world to a hiatus, the citizens of India were expecting financial stimulus waiver or reduction of various taxes and subsidy in Power and Telecommunication tariff’s etc by the State and Central Government so that they can survive this financial crises brought by the lockdown to control the spread of Covid-19.

The economy was already facing deficiency of cash flow due to the global slow down and dwindling exports and demand in the markets. The lockdown has amplified it and the deferment of Wages/Salaries order by the Telangana Government will further augment in crumbling of the economic situation of the state. (Press Media of India)

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