Salaries as per schedule : Yanamala

Salaries as per schedule : Yanamala

Amaravati ,Nov 25: Though state revenue is expected to decline due to demonetisation, Finance Minister Yanamala Rama Krishnudu assured that salaries to employees will be paid as per schedule. He opined that it may take some more days to asses the exact impact of currency ban on state exchequer. He said all political parties are welcoming PM Modi's decision but expecting to fix the implementation errors. "By December, new Assembly building at Amaravati would get complete and Assembly session will be conducted in 1st week of January" he added. According to the official sources AP Govt's monthly income is around Rs.3800 cr and due to demonetisation effect it got drop around 50%. It is believed that the impact may continue 2 more months.


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