Coronavirus Effect: Delhi Metro employee allowances cut by 50%
New Delhi : Months after coronavirus rattled Indian businesses, the Delhi Metro Rail Corporation (DMRC) on Tuesday announced a cut of 50% in the perks and allowances of its employees. This will come to effect from August 2020 onwards.
Issuing a statement, the DMRC said that starting with the salary for August, perks and allowances will be payable at the rate of 15.75% of the basic pay.
"In view of adverse financial condition due to non-operation of metro services, perks and allowances to be reduced by 50% with effect from August 2020. Starting with the salary for August, perks and allowances will be payable at the rate of 15.75% of Basic Pay," the DMRC said in a statement.
The statement also mentioned that all grants of fresh Advances for House Building Advance, Multipurpose Advance, Laptop Advance, Festival Advance will remain on hold till further orders.
"With immediate effect, all sanctions of fresh Advances for House Building Advance, Multipurpose Advance, Laptop Advance, Festival Advance etc to be kept on hold till further orders. Advances already sanctioned will continue to be disbursed, as & when a demand is received," the DMRC said.
The DMRC metro train services for normal commuters were suspended in March and will remain suspended till further notice.
Taking to Twitter, DMRC stated: “Public Service Announcement. In light of the guidelines issued by the government, Metro services will remain closed for commuters until further notice.”