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The cash-strapped Congress government in Himachal Pradesh, whose debt liabilities increased to Rs 76,651 crore in 2023, has been facing the worst financial crisis with no budget to pay salaries for 2.15 lakh employees and 90,000 retired employees

Cong govt in Himachal has no money to pay salaries of employees, pensioners

With this layoff, 700 lives will be affected by this shutdown as about 400 workers were directly dependent on the company’s operations while 300 more were indirectly benefiting from it.

Lockdown impact: Famous Atlas Cycles shuts UP unit, Ludhiana vendors worry over outstanding payments

The global stocks may crash and the oil prices may hurt

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Cong govt in Himachal has no money to pay salaries of employees, pensioners

Lockdown impact: Famous Atlas Cycles shuts UP unit, Ludhiana vendors worry over outstanding payments

See how the US-Iran war will damage the global economy