payable of differed salaries with 6% of interest – Court Order

 గత మార్చి, ఏప్రిల్ నెలలలో వాయిదా వేసి ఈ మధ్యన చెల్లించబడిన వేతనాలు పెన్షన్ల పై 6% ఇంటరెస్ట్ నగదును మార్చి 8, 2021 లోగా చెల్లించాలని గౌరవ సుప్రీం కోర్టు ఉత్తర్వులు.

We accordingly order and direct that in substitution of the interest rate of
12% per annum which has been awarded by the High Court, the Government
CA 399/2021
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of Andhra Pradesh shall pay simple interest computed at the rate of 6% per
annum on account of deferred salaries and pensions within a period of thirty
days from today. This direction shall, however in the facts and circumstances,
be confined to categories 3, 4, 5 and 6 of GOMs No 26 dated 31 March 2020.
 

We clarify that interest shall be paid to all pensioners of the State at the rate
of 6% per annum on the deferred portion, for the period of delay. Having
regard to the prevailing bank interest, the rate of 12% per annum which has
been fixed by the High Court, would need to be and is accordingly reduced.

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