Friday, August 31, 2012

Punjab Govt withdraws LTC facility for one year

Chandigarh, Aug 31 (PTI) With Punjab reeling under financial crisis, the state government has temporarily withdrawn leave travel concession (LTC) facility for its employees for one year as part of its austerity measures.
The facility has been withdrawn with effect from tomorrow, officials said.
The decision would not be applicable on the employees going to retire during this period.

Presently, the state government is facing a debt to the tune of around Rs 75,000 crore.

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