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Monday, 27 April, 2020, 11 : 15 AM [IST]

Maharashtra government likely to freeze LTC for 12 lakh staff

Maharashtra government is likely to cut development expenditure and district funds, including Leave Travel Concession (LTC), reports TOI.  “As currently there is zero resource mobilisation, we have no option but to drastically cut the existing budgetary provision to raise more than INR 70,000 crore. We will have to cut development expenditure and freeze the DA and LTC of around 12 lakh employees,’’ a senior bureaucrat said. “If we do not pay LTC, it will help us mobilise INR 1,000 crore,” he added. (Source: TOI)

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