Delhi Metro slashes staff perks, allowances by 50%

New Delhi: Facing "adverse financial condition" due to non-operation of metro services amid the coronavirus pandemic, the Delhi Metro authorities have decided to reduce perks and allowances of its employees by 50 per cent, according to an internal order issued by it on Tuesday. The Delhi Metro Rail Corporation (DMRC) has suffered loss of nearly Rs 1,300 crore since the closure of services on March 22 due to the COVID-19 situation, sources said.

According to an internal order issued to employees by the DMRC, the step has been taken "in view of the extreme adverse financial condition due to non-operation of metro services".

"It has been decided, that the perks and allowances shall be reduced by 50 per cent w.e.f. (with effect from) the month of August 2020, till futher orders," the order says. "Accordingly, starting with the salary for the month of August 2020, perks and allowances shall now be payable at 15.75 per cent of the basic pay."