DMRC hit by financial crisis amid lockdown reduces the perks and advances of staff by 50%

The result of adverse financial crisis due to the non operation of metro services amid the outbreak of coronavirus, the authorities of  Delhi Metro have decided to reduce the perks and allowances of its staff by 50 per cent, according to the internal order issued onTuesday.DMRC has suffered a loss around Rs 1,300 crore since the closure of services on 22nd  March due to the pandemic, said sources. According to the order issued internally by Delhi Metro Rail Corporation , this decision 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 further orders,” the order stated. “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.”

 It also said that, 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”.

“However, advances already sanctioned, shall, continue to be disbursed, as and when a demand is received,” stated in order. “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,” according the order.

The order had been issued with the approval of competent authority, order added. The DMRC has around 14,500 employees, informed sources.

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