Restoration of Festival Advance to the Central Government Employees

Restoration of Festival Advance to the Central Government Employees

Shiva Gopal Mishra
Secretary

Ph: 23382286
National Council (Staff side)
Joint consultative Machinery
For central government employees
13-C, Ferozshah Road, New Delhi – 110 001
E Mail:nc.jcm.np@gmail.com

No.NC-JCM-2019/(fin)(SC)

September 26, 2019

The Additional Secretary (Pers)
Government Of India
Ministry Of Finance
Department of Expenditure
North Block
New Delhi

Sub: Restoration of Festival Advance to the Central Government Employees.
Ref: Item No.10 of the Minutes of the Standing Committee meeting of the National council (JCM) held on 7-3-2019

Respected Madam,
Yours kind attention is invited to the decision taken on the above subject matter. It was decided in the meeting that the Department of Expenditure would reconsider the issue of restoring the Festival Advance to the Central Government Employees.

Also read: 7th Pay Commission Advances

However till date orders on the subject matter is not yet issued. Since various festivals are forthcoming the employees are pressing hard for an earlier decision on this issue. It is therefore demanded that as agreed in the meeting necessary orders may please be issued for restoring festival advance to the Central Government Employees.

Awaiting for your earlier and favorable action please.

Thanking you

Yours sincerely
sd/-
(SHIVA GOPAL MISHRA)
Secretary

Grant of Advances- 7th Central Pay Commission recommendations-Amendment to rules on Computer Advance to Railway servants

Grant of Advances- 7th Central Pay Commission recommendations-Amendment to rules on Computer Advance to Railway servants

Government of India (Bharat Sarkar)
Ministry of Railways (Rail Mantralaya)
(Railway Board)

No.I/11-Part I
PC-VII No : 15/2017

RBE No. 10/2017
No. F(E) Spl./2016/ADV.4/1(7th CPC)

The General Managers and FA&CAOs
All Indian Railways & Production Units
(As per standard list)

Subject: Grant of Advances- Seventh Central Pay Commission recommendations-Amendment to rules on Computer Advance to Railway servants.

Consequent upon the decision taken by the Government on the recommendations of Seventh Central Pay Commission, the Ministry of Finance vide their OM No. 12(1)/E.II(A)/2016 dated 07.10.2016 have amended the eligibility criteria in the existing provisions relating to the grant of Personal Computer Advance.

2. Amendment conditions of grant of Computer Advance are as follows:

Advance	Quantum	Eligibility Criteria
Personal Computer Advance	ƻ50,000/- or actual price of PC, whichever is lower.	All Government Servants
The Computer Advance will be allowed maximum five times in the entire service.
The other terms and conditions governing the grant of Personal computer advance shall remain unchanged.

3. Further, Ministry of Finance in their ibid OM have also decided that the other interest bearing advances relating to Motor Car Advance and Motorcycle/Scooter/Moped Advance will stand discontinued.
4. The above mentioned OM of Ministry of Finance relating to grant of interest bearing advances will apply mutatis-mutandis to Railway employees also.

4.1 So far as the interest free advances are concerned, Bicycle and Warm clothing advances stands abolished for Railway employees also in terms of MoF’s decision.

4.2 Orders relating to other interest free advances will be issued separately by concerned Directorates.
5. Necessary Advance Correction Slip to the chapter XI of the Indian Railway Establishment Manual, Vol.I Revised Edition, 1989 will follow.

6. The revised orders are effective from 07.10.2016 i.e. the date of the issue of the aforesaid OM of the Ministry of Finance. Past cases where the advances have already been sanctioned under the provisions of earlier rules on the subject need not be reopened.

7. Please acknowledge receipt.

8. Hindi version will follow.

(A.C. Jain)
Dy. Director Finance (Estt.)
Railway Board

AIRF

LOANS AND ADVANCES – Advances to Government Employees for the Celebration of Marriage – Administration of the Marriage Advance Scheme – Entrustment to the Director of Treasuries and Accounts – Orders – Issued

LOANS AND ADVANCES – Advances to Government Employees for the Celebration of Marriage – Administration of the Marriage Advance Scheme – Entrustment to the Director of Treasuries and Accounts – Orders – Issued

FINANCE [Salaries] DEPARTMENT
G.O.Ms.No.140 G.O.Ms.No.140, Dated , Dated , Dated 13th May 2016.
(Chithirai -30, Thiruvalluvar Aandu-2047)

ABSTRACT

LOANS AND ADVANCES – Advances to Government Employees for the Celebration of Marriage – Administration of the Marriage Advance Scheme – Entrustment to the Director of Treasuries and Accounts – Orders – Issued.

Read:-
1. G.O.Ms.No.234, Finance (Salaries) Department, dated 30-03-1995.
2. G.O.Ms.No.148, Finance (Salaries) Department, dated 13-05-2015.

ORDER:

The Government of Tamil Nadu is granting various interest free and interest bearing advances to its employees. Among them, the following loans and advances are included under Demand 16 – Finance Department:-

Sl. No.	Name of the Advance	Head of Account (DPC)	Interim BE 2016-2017 (Rs. in Thousands)
1.	Conveyance Advance	7610 00 202 AA	61,00,00
2.	Computer Advance	7610 00 204 AA	20,05,00
3.	Other Advances:-
i.	Warm Clothing Advance	7610 00 800 AB 0206	30,00
ii.	Education Advance	7610 00 800 AB 2204	40,00
iii.	TANSI Advance	7610 00 800 AB 3801	5,00
iv.	Khadi Advance	7640 00 800 AB 4006	1,70,00
v.	Handloom Advance	7610 00 800 AB 4104	25,00,00
4.	Marriage Advance	7610 00 800 AC 0106	50,00

Except Marriage Advance, all other advances are administered by the Director of Treasuries and Accounts.
2) In respect of Advances administered by the Director of Treasuries and Accounts, funds are allocated based on requirement from the Heads of Department / District Collectors. Whereas, in the case of Marriage Advance, sanction is accorded for notional allocation of funds to Heads of Department / District Collectors without knowing the actual requirement. This kind of fund allocation led to under utilization of funds by certain departments / districts and pendency of application for want of funds in some other departments / districts. Consequently, the huge surrender of funds occurred resulting to adverse remarks from the Accountant General (A&E).

3) The Government, after careful examination, has decided to streamline the administration of the Marriage Advance scheme. Accordingly, Government direct that the administration of the Marriage Advance Scheme be entrusted to the Director of Treasuries and Accounts as in the case of other advances listed above and issue the following orders:-

(i) The Director of Treasuries and Accounts shall be the administrator of Marriage Advance Scheme from the year 2016-2017;
(ii) The funds provided in the Budget Estimate 2016-17 under the Head of Account ‘7610 00 800 AC’- included in Demand 16 – Finance Department, shall be allocated to the Heads of Department and District Collectors based on requirement;
(iii) The Heads of Department and District Collectors shall send their requirement to the Director of Treasuries and Accounts and get funds for sanctioning Marriage Advance to the Government employees under their control as in the case of other advances;
(iv) The Director of Treasuries and Accounts shall be the Estimating, Recounciling and Controlling authority for the head of account 7610 00 800 AC;
(v) The Heads of Department and District Collectors shall follow the existing Government Orders and instructions governing the sanction of Marriage Advance;
(vi) The Director of Treasuries and Accounts shall follow the usual procedures for allotment of funds as applicable to other advances; and
(vii) The Director of Treasuries and Accounts shall issue instructions to Heads of Departments/ District Collectors on modalities for seeking funds to sanction Marriage Advance.

(By Order of the Governor)
K.SHANMUGAM
ADDITIONAL CHIEF SECRETARY TO GOVERNMENT

Tamilnadu State Government Order

Loans and Advances by the Central Government – Interest rates and other terms and conditions

Loans and Advances by the Central Government – Interest rates and other terms and conditions

MOST IMMEDIATE

F.No.5(3)-B(PD)/2015
Government of India
Ministry of Finance
Department of Economic Affairs

New Delhi, the 3rd February, 2016

OFFICE MEMORANDUM

Subject:- Loans and Advances by the Central Government – Interest rates and other terms and conditions.

Reference this Ministry’s Office Memorandum F.No.5(3)-B(PD)2014 dated 29th December, 2014 on the captioned subject.

2. The lending rates, categories and conditions prescribed in the
aforesaid Office Memorandum have been reviewed. The revised rates of interest, categories and conditions as given in the Table below, would be applicable from 1st April, 2015 and till the time these are reviewed:

S.No	Category of borrower & type of loan	Interest rate per cent per annum
1.	State Governments:*	8.50
2.	Union Territory Governments (with Legislature):
	(i) Loans upto 1 year and EAP loan	8.50
	(ii) Other Loans	9.00
3.	Industrial and Commercial Undertakings in the Public Sector and Cooperatives.
	(i) Investment loans #	-
	(ii) Working Capital loans and loans to meet Cash losses #	-
	(iii) Loans for implemantation of VRS in sick PSUs	10.00
4.	Financial institutions in the Public Sector, Port Trusts, KVIC, NHAI, Municipal Corporation of Delhi,Commodity Boards, Social Service Institutions, Individuals, etc. @
5.	National Bank for Agriculture and Rural Development (NABARD)	9.50

* Loans to State Government would be under EAP loans only. For Ways & Means loans, State Govts. have access to RBI window. In case any State has any specific contingent requirement, the proposal would be considered on case specific basis by Budget Division.

# The window of investment and working capital loan to CPSUs from Government of India in general, is hereby closed. CPSUs, in general, are hardly having debt and hence should raise debt from market or from banks. Only if CPSU is justified as significant from ‘Strategic’/ ‘Security’ angle, banks refuse loan to it and it has no real assets including land, to monetise, would loan be extended to it at 11% with the prior approval of Budget Division. However, wherever Investment and Working Capital loan has already been extended to CPSUs in 2015-16, the rate of interest would be at 11.50% and 13.50% respectively.

@The window pertaining to loans to Financial Institutions in the Public Sector, Port Trusts, KVIC, NHAI, Municipal Corporation of Delhi, National Co-operative Development Corporation (NCDC), Commodity Boards, Social Service Institutions, Individuals etc. in general, is hereby closed seeing the offtake under this in last 3 financial years. However, if a specific case still comes in future, it
would be examined by the Budget Division, DEA on merits of that case.

3. The terms, including interest rate of loans to Foreign Governments may be settled in consultation with Budget Division. Terms for on-lending of funds under externally aided projects should be in accordance with the prescribed pattern. In case, deviation is considered necessary, Budget Division should be consulted.
4. The interest rates prescribed above assume timely repayments and interest payments and hence no further rebate in rates is to be allowed for timely payments.

5. OTHER TERMS AND CONDITIONS

(a) The loan sanctioning authority should meticulously follow the instructions contained in General Financial Rules, 2005 (GFR 2005), particularly, rules framed under Chapter 9 (II-LOANS) of GFR, 2005, while sanctioning loans to various entities as stipulated therein.

(b) The instructions issued from time to time have been reviewed and are set out in the following paragraphs for facility of reference.

Click to read more: Finmin.nic.in

Abolishing 12 Interest free advances recommended by 7th CPC

7th Pay Commission recommendations on LTC advance and Medical Advance

Abolishing 12 Interest free advances recommended by 7th CPC

The 7th Pay Commission has , in a casual manner, recommended that all interest free advances to be abolished. The impact of this recommendation is yet un noticed by the central government employees
There are 12 Interest free advances are listed in that table provided in the 7th CPC Report. When hearing the news that 7th cpc has recommended to abolish interest free advances , every body thought that some advances like festival advances only will be abolished. But if you read the names of advances recommended for abolishment, it will give you little bit shock.

In general opinion, the amount that is paid for government servants in some occasions and for specific purposes and the same will be recovered through monthly instalments are considered advances.

But the advance paid for Medical treatment and LTC are not supposed to be included this list, since it is reimbursable in nature and will not be recovered by Government.

The amount paid as advances to the Medical treatment and LTC are not recoverable by government if there is no any default in the claim. since the expenses incurred should be reimbursed to the Govt servants according to their entitlements, the amount paid in advance can be adjusted against the claim of reimbursement is sanctioned. So there is no need of repaying the advance to government in respect of Medical and LTC advances.These should not be included in the list of interest free advances.

Eventually abolishing these advances will make the central government employees not to avail LTC facility and medical treatment in Private hospital, since the amount of 90 % of the expenses paid in advance will not be available for them any more due to this recommendation. By availing this advances they were able to manage the Medical Expenses and by availing this advance only they were able to bye Air or Train Tickets to go on LTC.

Without these advances, the Group C and B employees cannot imagine availing of LTC to visit some places in India with their family.

The Central Government should not accept the proposal of Abolishing these advances.

Source: GServants.com