Suffering losses due to COVID, DMRC slashes employees perks, allowances by 50%
New Delhi, Aug 18: Facing "adverse financial condition" due to non-operation of metro services amid the coronavirus pandemic, the Delhi Metro authorities have decided to reduce perks and allowances of its employees by 50 per cent, according to an internal order issued by it on Tuesday.

The Delhi Metro Rail Corporation (DMRC) has suffered loss of nearly Rs 1,300 crore since the closure of services on March 22 due to the COVID-19 situation, sources said.
According to an internal order issued to employees by the DMRC, the step has been taken "in view of the extreme adverse financial condition due to non-operation of metro services".
"It has been decided, that the perks and allowances shall be reduced by 50 per cent w.e.f. (with effect from) the month of August 2020, till futher orders," the order says. "Accordingly, starting with the salary for the month of August 2020, perks and allowances shall now be payable at 15.75 per cent of the basic pay."
Also, all sanctions of fresh advances, house building advance, multipurpose advance, laptop advance, festival advance and others are to be "kept on hold till further orders," it said.
"However, advances already sanctioned, shall, continue to be disbursed, as and when a demand is received," it said.
Recommended Video
"Advances sought for medical treatment, TA (travel allowance) and DA (dearness allowance) and Composite Transfer Grant (CTG), will continue to be granted to facilitate the employees," the order said.
The order had been issued with the approval of competent authority, it added.
The DMRC has about 14,500 employees, sources said.
-
Thunderstorm Warning In Delhi NCR: IMD Issues Orange Alert Amid Sudden Weather Shift -
UP STF Nabs Maulana Abdullah Salim Over Controversial Comment On CM Yogi's Mother -
Masood Azhar’s Brother Mohammad Tahir Dies In Pakistan Under Mysterious Circumstances, Cause Yet To Be Known -
VerSe Innovation Appoints P.R. Ramesh as Independent Director and Chair of Audit Committee to Strengthen Governance Ahead of Next Phase of Growth -
“Not Going To Be There Too Much Longer”: Trump Signals Endgame In Iran War -
Iran Threatens To Hit US Companies in Region From April 1, Names Microsoft, Apple, Tesla, Boeing -
‘IPL Official’ Found Dead in Mumbai Hotel, Probe Underway -
Leander Paes To Contest West Bengal Assembly Elections 2026? Tennis Star Joins BJP Ahead of Assembly Polls -
April 1 Rule Changes: PAN, New Tax Law, ATM, FASTag, Cards to Impact Millions, What’s Changing? -
China, Pakistan Call for Immediate Ceasefire in Iran War, Push Peace Talks ‘As Soon As Possible’ -
Are Banks Closed or Open Today on Mahavir Jayanti? RBI Issues Special March 31 Instructions -
Iran’s New Hormuz Plan Targets Global Shipping with Tolls, What Does It Mean?












Click it and Unblock the Notifications