7th Pay Commission: There is good news for central employees. In this Holi, employees will be able to spend freely. The government can give 10 thousand rupees to the employees under the Special Festival Advance Scheme . Under this, employees can take an advance of 10 thousand rupees from the government without any interest.
Central employees will get advance
In fact , under the Advance Scheme of the Central Government, the government can make a provision of giving Rs 10,000 to the central employees. Meaning the employees of the center can take an advance of Rs 10,000 on the festival of Holi and the biggest thing is that they do not have to pay any interest on it. Last year also, the government had announced this for central employees.
This advance will be pre loaded
It is worth noting that this advance being given for the festival will be pre- loaded . For this, this money will already be present in the ATMs of central employees. Employees only have to spend it. No interest will be charged on this advance of Rs 10,000 being given to Central Government employees . Along with this, the refund of this money will also be done in 10 installments. That is, any central employee can take 10 thousand rupees on a monthly installment of just one thousand rupees .
4000-5000 crore may be allocated
An allocation of about Rs 4000-5000 crore can be announced under this special festival advance scheme . Not only this , the state governments also implement this scheme. And if this happens then around Rs 8,000-10,000 crore will be spent. If sources are to be believed, the government will also take up the bank charges for the advance scheme. That is, employees will also be able to spend this advance in a digital way only.
Travel Allowance Claim Extend
It is worth noting that earlier the government had also extended the Leave Travel Allowance (LTA) of central employees for two years. With this, Central employees will be able to use the Leave Travel Allowance ( LTA) for travel to the Northeast , Ladakh , Andaman-Nicobar and Jammu and Kashmir till March 2022 . Let us tell you that Leave Travel Allowance is given to the employees for every 3 years. In this, employees can claim travel allowance if they go anywhere.
