- Salaries of the Chief Minister, State Cabinet Ministers, MLCs, MLAs, State Corporation chairpersons and members of both urban and rural local bodies will be deferred by 75 per cent.
- 60 per cent deferment imposed on salaries paid to civil servants including IAS, IPS and IFS officers.
- 50 per cent deferment in salaries of employees of all other categories including retired employees (pensioners).
- Only 10 per cent of the salaries would be deferred for Class-IV, outsourcing and contract employees including retired Class-IV employees.
- Employees of all public sector corporations and organisations obtaining the government grants, will receive 50 per cent of their salary for this month and 50% will be deferred. Telangana GO27 30Mar2020
SEBI- Measures to further facilitate fund raising from capital markets in the backdrop of COVID-19 pandemic
In the wake of challenges for the Indian economy arising out of the Covid-19 pandemic and with a view to improving access to funding to the corporates through capital markets, SEBI has decided to grant certain temporary relaxations from the regulatory provisions related to rights/ public issuances by listed entities. Rights Issues 1. Fast track Rights issuances Towards expanding the universe of listed entities for the purpose of fast track rights issuances, SEBI has relaxed the following conditions: The eligibility requirement of average market capitalisation of public shareholding of INR 250 crores has been reduced to INR 100 crores. The requirement related to period of listing of equity shares of the issuer for at least three years has been reduced to listing for eighteen months only. The condition related to no audit qualifications on issuer’s audited accounts has been replaced with the requirement to disclose the impact of audit qualifications on issuer
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