Patna (Bihar) [India], Aug 18 (ANI): Bihar government on Tuesday announced that it will provide EPF (Employees' Provident Fund) benefits to teachers and chief librarians posted in Panchayati Raj institutions and civic bodies institutions.

This will bring an expenditure of Rs 815 crores annually, the government said in a statement.

Also Read | DMRC Reduces Perks And Allowances of Employees by 50% Citing Adverse Financial Condition Due to Non-Operation of Metro Services.

An increment of 15 per cent will also be made in the basic salary payable on April 1, 2021, to teachers and chief librarians posted in Panchayati Raj institutions and civic bodies institutions, the government said. Including this with EPF benefits, it will be equal to 20 per cent in the salaries of such employees.

With this there is an increase of 60 per cent in the basic salary payable in such employees since 2015, it said.

Also Read | Kerala: 103-Year-Old Man From Ernakulam District Recovers From Coronavirus; State Minister Shailaja Lauds Health Workers.

According to the state government, there are around 3.5 lakh teachers and chief librarians posted in Panchayati Raj institutions and civic bodies institutions in Bihar. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)