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The Hindu
The Hindu
National
The Hindu Bureau

Kerala government begins crediting salaries, daily withdrawal limit set at ₹50,000

The Kerala government began crediting the salaries of government employees on Monday, but has temporarily limited daily withdrawal at ₹50,000 citing technical issues.

Finance Minister K.N. Balagopal, talking to reporters here, said the government hoped to complete the disbursal of salaries and pensions for the month of February within the next two to three days.

The ₹50,000 cap has been set reportedly to prevent the treasury drifting into overdraft once again. The official account is that the limit has been set to prevent the online system from collapsing. The payment of salaries via the employee-Treasury Savings Bank (e-TSB) accounts was hit on March 1, triggering protests from employees’ organisations.

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