'Fund crunch' delays Sahara staff salaries

'Fund crunch' delays Sahara staff salaries

Facing a severe fund crunch, the Sahara group has not been able to pay the salaries of its employees for the past three months.

According to the employees of the group, they have not been receiving their salaries since September this year. “The backlog may be less (two months) in some departments...but in some divisions it is over three months”, said a Sahara employee here.

He said that the senior executives of the company were the worst hit as they have not been paid for over three months. “The lower level employees may have been paid...at least partially”, he went on to add.

Though there have been no reports of attrition so far, the salary backlog has adversely hit the over 1.21 lakh workforce of the group. “I have not been able to pay the rent of the house I am living in”, said another employee of the company.

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