Central employees received this big benefit from the Modi government

Date:

Share:

Even if the government did not this time announce dearness allowance (DA) for central employees. Yet, the Modi administration gave a substantial present to every central employee on the occasion of Holi. The government has said that it will offer its employees the Special Festival Advance Programme. Each central employee would receive Rs 10,000 under this program from the government. In other words, on the day of the celebration, government personnel may obtain an advance of Rs 10,000.central employee

In addition to giving this present to thousands of central employee

the government will not require them to pay interest on the funds they receive. The deadline for spending this money is March 31. The Ministry of Finance gives this present to thousands of employees each year. The employees are receiving preloaded advance funds. Employees of the Central Government would already have this money registered in their salary accounts; all they need to do is use it.central employee

The terms of repayment are pretty straightforward

and the best part is that government employees won’t be required to pay any interest on the money they received in advance. The conditions for repaying this money are also quite simple. You can repay 10,000 rupees in manageable installments of 1,000 rupees, and you can do so without paying interest. Under the Festival Advance System, the government annually distributes money to the workforce.central employee

A five thousand crore allocation has been made

Four to five thousand crores are allocated under this national government plan. According to sources, the government also pays the bank fees associated with the advanced system. The advance payment that was made to the employees can be used digitally. Before, central personnel could take advantage of programs like the LTC Payment Voucher Program. The monetary sum that employees get in lieu of a travel allowance will be distributed in the market under this system.

Read More: These are the top 5 Smartphone under Rs30,000, Check out the list!

🔥🔥 Join Our Group For All Information And Update, Also Follow me For Latest Information🔥🔥
🔥 Facebook Page                  Click Here
🔥 Twitter                               Click Here
🔥 Instagram                  Click Here

Subscribe to our magazine

More Like This

Recruitment in the Central Bank for Correspondent Supervisor Vacancy 2024

The Recruitment process for the position of Business Correspondent Supervisor has begun at the Central Bank of India. Interested parties have until January 3,...

Railway RRB has announced bumper recruitment for 1036 posts, know details

Recruitment for Ministerial and Isolated Posts (CEN 07/2024) has been made public by Indian Railways. Online applications will be accepted starting on January 7,...

Know the features of the electric car Audi Q8 eTron, from performance to range

The Audi Q8 e-tron is a powerful blend of technology and luxury. This electric car has a high-end appearance, and its inside is packed...

Budget 2025 Expectations: Taxes, Capital Gains, NPS & Crypto Reliefs

Anticipation is growing in many sectors as the Finance Minister and her staff begin to draft the Union Budget 2025. Both taxpayers and those...

The next generation of AirPods Pro may include health capabilities like temperature and heart rate tracking

Apple's next AirPods Pro might come with health features. Mark Gurman of Bloomberg reports that the company is exploring earbud capabilities including temperature and...

LEAVE A REPLY

Please enter your comment!
Please enter your name here