AAP expresses concern over funds deficit in Govt Treasuries

AAP leaders addressing media persons at Jammu on Monday.
AAP leaders addressing media persons at Jammu on Monday.

Excelsior Correspondent

JAMMU, Aug 1: Highlighting the plight of recently retired employees who are at receiving end for months, Aam Aadmi Party (AAP) today said that Government Treasuries across Jammu and Kashmir are going through a drought like condition with severe funds deficit which clearly expose the claims of Government for adequate funding in Jammu and Kashmir.
Party cadre and especially the retired employees’ wing of the Party held a press conference here which was addressed by Satish Kumar Sharma. He stated that Government Treasuries across the UT are going through a drought like condition in terms of funds availability and situation is worrisome to such an extent that even funds are not available for payment of dues of retired employees who are now waiting for months for release of their post retirement money.
He said that for the first time, there were no funds for payment to retired Government employees and Treasuries have been in this crunched state for the last several months.”
He further said that the worrisome condition of funding in Government Treasuries has been observed for the first time and it clearly exposes tall claims made by Government of India as well as Jammu and Kashmir Government in which Government claims of adequate funding in Jammu and Kashmir to overcome all problems.
“A Government employee makes different plans on his retirement that include using post retirement amount for sending their wards for higher studies, holding their marriage, house construction, purchase of new vehicles as retirement is a golden period for an employee who wants to start a new chapter in life by using this amount, ” he added.
AAP leader Satish Kumar Sharma said that there are a number of cases where recently retired Government employees had to either postpone their new plans or have to borrow money from here and there to fulfil their plans.
“We fear that this financial crunched condition can swell further with each passing day as thousands of more Government employees as well as employees of PSUs who retired on 31 July will be in queue to get their payments which will increase liabilities on Treasuries,” he asserted.
The AAP appealed to Lieutenant Governor to intervene in the situation immediately and to understand the pathetic situation on ground and to come for the rescue of retired employees.