Interim Relief To Telangana Employees On June 18?

The Telangana government is likely to announce interim relief to its employees after a cabinet meeting on June 18.

Chief Minister K Chandrashekar Rao will chair the cabinet meeting which is to take key decisions on the IR being sought by the employees.

Since the related committee did not submit its report to the government for about 9 months due to continuous elections, the chances for a PRC are remote, resulting in the need for a PRC.

KCR may also take a decision on increasing the retirement age, something also being sought by the government employees.

The Chief Minister discussed the financial implications of an IR with the officials and asked for a report, and is to take a call on the amount of the IR based on that.

According to information, the IR may go beyond the 27% offered to AP employees. The retirement age limit is also likely to be increased from 58 years to 61 as in AP post-bifurcation.

The finance officials recently informed the media that the Telangana government had sound finances and that there was no dearth of funds for welfare and development schemes.

The government will need to bear an additional Rs 8,100-crore burden on the exchequer if it offers a 27% IR, while the burden would be only Rs 6,000 crore for a 20% IR and Rs 3,000 crore for a 10% IR, according to the information received.

The employees have asked for a 43% IR.