STOCK MARKET BSE NSE

Will not be able to pay salaries of employees for May if no financial support: Assam Finance Minister

Addressing a press conference here, he said the government will be able to pay the salaries of its employees for April after the first week of May, but not beyond that.

Published: 20th April 2020 05:48 PM  |   Last Updated: 20th April 2020 06:14 PM   |  A+A-

Assam Finance Minister Himanta Biswa Sarma

Assam Health Minister Himanta Biswa Sarma (File photo| PTI)

By PTI

GUWAHATI: Assam Finance Minister Himanta Biswa Sarma on Monday said the state "will not be able" to pay salaries of its employees for May if it does not get financial support from outside.

Addressing a press conference here, he said the government will be able to pay the salaries of April after the first week of May, but not beyond that.

"May is difficult for us and I don't know how the treasury will operate. Still, we will be able to pay the salaries, but after May 7," he added.

However, in June, the government may not be in a position to pay any dues if there is no support, Sarma said.

ALSO READ | Assam man makes epic 2,800 km journey to reach home from Gujarat, survives by begging

"If we do not get financial support outside our predictable resources of our state, then it will be difficult to pay the salaries," he added.

Talking about the budget proposals, Sarma said the government will try to implement those from August till April next year.

Asked about taxation structure to earn more revenues, he said any such decision will be taken by the GST Council only.

"As a state, we can put taxes only on petrol, diesel and liquor. We may think about putting more taxes on fuel but without affecting the consumers. This can be done if the rates of the fuel decrease, thereby not affecting the consumer prices much," Sarma said.

He informed that Union Finance Minister Nirmala Sitharaman had called him on Sunday to enquire about the financial situation of Assam and said a video conference will be conducted with all the states to discuss the issues.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp