Salary, pension to be delayed due to cash crunch: Isaac
Thiruvananthapuram: The salary and pension disbursal for the month of March will be delayed owing to cash crunch, said Finance Minister Thomas Isaac.
“Most of the treasuries have run out of cash. The RBI is yet to hand over the required cash to the state. However, it gave additional amount to the states which went to polls. The Centre is making RBI a political tool,” he charged.
Meanwhile, reports say the disbursal of salary and pension to government staff has been stalled in Kottayam.