Punjab govt approves hike in income limit of OBCs

Punjab Chief Minister has approved an increase in the gross annual income limit for the creamy layer of the Other Backward Classes and Backward Classes from Rs 6 lakh to Rs 8 lakh. This was the fourth revision of the creamy layer, which was fixed at Rs 1 lakh in 1993 and subsequently hiked to Rs 2.5 lakh in 2004, Rs 4.5 lakh in 2008 and Rs 6 lakh in 2013.