The Andhra Pradesh government has made an announcement regarding the delay in employees' salaries for the month of July in a new notice. Government employees are likely to be paid their salaries after the 5th of this month. Also, pension seekers will receive their pensions by the 8th of this month. A similar situation prevailed last month. Employees' salaries and pensions that are yet to be paid amount to up to Rs 5,500 crore.
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A separate sum of Rs. 3,200 crore and Rs. 1,300 crore will have to be given as well. However, the state exchequer currently has only a sum amounting to a thousand crores. However, with Monday being a public holiday, the government is likely to raise funds through bond auctions on Tuesday and Wednesday. Many types of information are doing round that superiors are thinking of releasing salaries based on ease of funding.
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Meanwhile, the state is currently under full locked down because the coronavirus is rampant. As a result, the state's revenue fell sharply. In addition, the state government is implementing welfare schemes on time and whenever required. At the moment there is a delay in the payment of salaries to government employees and also to the pension seekers.
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