CHANDIGARH: In a major step in direction of strengthening worker welfare, the Bhagwant Mann Authorities has sanctioned an interest-free wheat mortgage for Class-IV (Group-D) workers throughout the state, making certain monetary assist for important family consumption.
Saying the choice, Finance Minister Harpal Singh Cheema acknowledged, “The Bhagwant Mann Punjab Authorities has decided that it’s applicable to supply a minimal interest-free mortgage quantity of ₹10,340 to eligible Group-D workers particularly for the acquisition of wheat. The calculation for this monetary help is predicated on the federal government’s established normal of a mean consumption of 4 quintals of wheat per household.”
Highlighting the implementation timeline and budgetary backing, the Finance Minister added, “These workers will probably be authorised to attract this mortgage quantity from the federal government treasury up till Might 29, 2026. To assist the seamless execution of this welfare measure, a devoted price range provision of ₹15 crore has been allotted for the 2026-27 monetary yr.”
Detailing the reimbursement mechanism, he emphasised that the construction has been designed to minimise monetary stress on workers. “The restoration course of for the mortgage has been structured to minimise the monetary burden on the staff, with deductions scheduled throughout eight month-to-month installments. These installment deductions are set to start with the June wage, which is paid out in July, guaranteeing that the complete restoration of the mortgage is accomplished earlier than the present monetary yr concludes,” he mentioned.
Reaffirming the federal government’s employee-centric method, Minister Harpal Singh Cheema underscored the broader dedication of the administration. “The welfare of our workers stays a prime precedence for our authorities, and we are going to constantly try to uphold initiatives that assure their assist and monetary well-being,” he added.
