Good news for employees of THIS state! Government to implement 6th Pay Commission from July 1, old age pension doubled too
It's a big good news of salary hike for the government employees of Punjab. The Captain Amarinder Singh-led government has confirmed that 6th Pay Commission will be implemented from July 1.
The big announcement was made during the presentation of Punjab Budget 2021.
Rs1,68,015-crore budget
Punjab Finance Minister Manpreet Singh Badal on Monday presented the state budget with an outlay of Rs 1,68,015 crore for financial year 2021-22 in the state assembly. Source: Reuters
Punjab Assembly Election due next year
Badal tabled the last budget of the Amarinder Singh-led government. The assembly elections are due early next year. Source: PTI
Relief to farmers
The government will waive Rs 1,186 crore of 1.13 lakh farmers and Rs 526 crore of landless farmers in the next phase, under crop loan waiver scheme in 2021-22, as per the budget speech. Source: Reuters
Old age pension doubled too
Badal also announced to raise old age pension from Rs 750 per month to Rs 1,500 per month. Source: Reuters
Shagun scheme raised from Rs 21,000 to Rs 51,000
Punjab Finance Minister also announced an increase in the amount under the Shagun scheme from Rs 21,000 to Rs 51,000. Source: PTI