Bills worth over Rs 3464.35 crores of J&K pensioners pending in treasuries

STC NEWS DESK
JAMMU, MARCH 14 (STC):
Jammu and Kashmir Government has a liability of Rs 3464.35 crore on account of the GPF, gratuity, leave salary and commutation bills of the Government employees retired during past over one year from the active Government service.
The government disclosed this today in the Legislative Assembly in the written reply to the question of PDP Member, Mir Mohd Fayaz. The Government admitted that bills worth over Rs 3464.35 crores of the J&K pensioners are pending in 121 Government treasuries across the Union Territory as on March 3, 2025.
The GPF liabilities towards the pensioners are on the higher side, followed by Gratuity and the leave salary. The GPF bills worth Rs 1803.37 crore, gratuity worth Rs 1049.27 crores, leave salary Rs 388.22 crores and commutation bills worth Rs 223.69 crores are pending in various Government treasuries across the Union Territory, said the Minister Incharge Finance to the House.
Responding to yet another question, Government said these financial liabilities have not created due to poor financial planning. It said all the financial liabilities are being regularly discharged.
During 2024-25, Rs 5200 crores have been paid for clearing GPF liabilities of the pensioners, Rs 1041 crores on account of Gratuity, Rs 953 crores for commutation and Rs 278 crores on account of leave salary of the retired employees.
While referring to the delay in the payments, the Government said the bills are cleared by the Treasuries as per the availability of resources.
The Government further disclosed that during 2024-25, the contractors/ firms bills for capital works worth Rs 6184 crores were also cleared. All the bills of contractors up to January 7, 2025 stand cleared, the Government claimed.
During 2022-23 the GPF subscription of 2,09459 employees was to the tune of Rs 3929.24 crores while it was Rs 4090.77 crores of 202904 employees during the year 2023-24.
Referring to the austerity measures taken during past two years, the Government said that with these measures apparent savings of Rs 670 crores were made. For reducing fiscal deficit various measures were taken which include augmentation of Revenue from Rs 6273 crores in 2013-14 to Rs 13903 crores in 2023-24. The non-tax revenue has increased prom Rs 2870 crores in 2013-14 to Rs 6431 crore in 2023-24.
(STC)