Cash Crunch: Govt stops release of GPF

Cash Crunch: Govt stops release of GPF

According to official sources, GPF bills worth lakhs of rupees are pending disposal at the treasuries for want of money.

The government employees are up in arms against the authorities for failing to release their General Provident (GP) fund, owing to the severe cash-crunch. 

 

According to official sources, GPF bills worth lakhs of rupees are pending disposal at the treasuries for want of money.

 

A group of aggrieved employees told Greater Kashmir that they direly need money for treatment of their family members and have been running from the pillar to post to get GPF released.  “Some of us have now even taken loans from banks to meet the financial exigencies,” they said.

 

Idrees Ahmad of Mirhama in south Kashmir’s district Kulgam is one of the aggrieved employees whose nine month old daughter is battling for life in Sir Ganga Ram Hospital, New Delhi.

 

“I had applied for GPF for the treatment to my minor daughter Maleeha. She is suffering from dilated CBD. My office sanctioned the release of GPF on 13 November 2014,” he said and added that since then he has been visiting Tankipora treasury to get the GPF released bill en-cashed. “Every time I visit the treasury the officials there refuse to release the money, citing lack of adequate funds,” he said.

 

Ahmad said on February 13, he approached the treasury officials, and apprised them about the pressing requirement for money as his daughter was battling for life.

 

“The officials refused to listen to my plea. I have already taken loan from the bank for my daughter’s treatment and only hope to get money for her further treatment now my GPF,” he said.

 

Director General Accounts and Treasuries, Altaf Hassan Mirza, said they are without any kind of funds.   “We have no money,” he said.

 

Asked whether his office would consider ‘special cases’ as some employees need the money for immediate medical cases, he said; “Surely, let them make a representation before the Director Treasuries Kashmir and I assure that their bills will be released on priority.”