SRINAGAR: The Finance Department of the Union Territory of Jammu and Kashmir will allocate Rs 500 crore to settle pending General Provident Fund (GPF) claims that have been pending for several months in the treasuries.
Detailed exercise in this regard is going on in the Finance Department and within next few days funds are likely to be released to the treasuries across the Union Territory, reported The Daily Excelsior.
Moreover, Chief Secretary Arun Kumar Mehta has instructed the GST Department and Industries and Commerce Department to expedite the clearance of pending GST reimbursement cases and release turnover incentives to industrial units, report suggests.
During a recent meeting chaired by Chief Secretary Dr Arun Kumar Mehta, the issue of prolonged delays in settling GPF claims was discussed, prompting Dr Mehta to direct the Finance Department to take necessary measures to alleviate the plight of pensioners and government employees.
Pensioners, facing hardships due to delayed GPF and retirement gratuity payments and serving government employees had time and again voiced their concerns, highlighting the impact of prolonged delays in GPF settlement on their ability to meet urgent needs such as marriages, education, and medical treatments.
Meanwhile, Chief Secretary directed the GST Department to prioritize the clearance of pending GST reimbursement cases, and the Industries and Commerce Department has been instructed to facilitate the prompt release of turnover incentives for industrial units.