The debt management division of the state finance department will now provide advance for the purchase of a motorcycle or scooter to government employees.
Government employees will be eligible to avail the advance twice during their service. Government servants will be eligible for a motorcycle/scooter advance of 50,000 on the first occasion and advance of up to 40,000 on the second occasion.
They will be eligible for the advance only for the purchase of a new vehicle and not secondhand ones. However, there will be no limit on the pay band/grade pay of the government employee to avail the scheme and any government employee will be able to seek the amount.
The advance payment by the state will be made directly to the authorized dealer/supplier from whom the employee is purchasing the vehicle and not to the employee. The difference amount, if any, will have to be borne by the employee.
The motorcycle/scooter purchased will be mortgaged to the state government till the amount is paid to the state. The scheme can be availed by employees starting August 1, 2011.
Starting March this year, the state government has tied up with Bank of India to provide loans of up to Rs five lakh to government employees for the purchase of cars. Employees will pay back the bank loan at an interest rate of 11.50% per annum. The advance for the purchase of the car will be repaid in full in monthly installments by way of salary deduction within a period not exceeding 200 equal monthly installments.
The advances for the purchase of a motor car will be disbursed by the Bank of India up to an aggregate limit of 40 crore altogether.
7th Pay commission: From Cabinet approval to basic pay, what govt staff need to know about incrementThere is good news in the offing for Central Government employees as Seventh Pay Commission will be implemented soon. Reportedly within ...
Good news! Minimum pay under 7th CPC likely to be revised to Rs 20,000; award to come with increment bonanzaNew Delhi: The central government employees seeking revision of salary structure proposed under the 7th Pay Commission are likely to see aro...
GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) No.2012/E(LR)III/HLl/1 New Delhi, dt.29.03.2016 The General Managers, ...
Babus may get 3-4 times the salaries of their private sector counterparts, especially at the lower-to-medium levels, but the security of ten...
After the recommendations of the 7th CPC were submitted to the Union Government on 19th November 2015, the news about its implementation was...
New Delhi: Central government employees' wait to get higher salaries under the 7th Pay Commission will be over in two months. As per ...
7th Pay Commission: Modi Govt all set to implement recommendations; notification most likely in JuneA Finance Ministry sources was quoted by a news website as saying, "But in case it's not issued in third week of June, it will be i...
Comrades, There are various reports on 7th Central Pay commission on the media on fitment formula, arrears being paid as ...
Vague News about implementation of 7th CPC recommendation is Posted in Internet Any news about implementation of 7th pay commission recomm...
-BONUS ORDER 2006 PENSIONERS 50% DA MERGER 7TH CENTRAL PAY COMMISSION 7th CPC 7TH CPC LATEST NEWS 7th PAY COMMISSION 7thPAY CALCULATORS aadar card AADHAR NO WITH CGHS CARD ACP ADVANCE AICPIN AIR INDIA AIR TRAVEL JAMMU&KASHMIR AIRF ALLOWANCE ARMY BANK EMPLOYEES BSNL cadre restructuring CBSE central civil services CENTRAL DA CENTRAL GOVERNMENT CIVILIAN EMPLOYEES. CENTRAL GOVERNMENT EMPLOYEES Central Government Health Scheme central government staff CENTRAL INFORMATION COMMISSION CGEGIS cgephis CGHS cghs cancer treatment rates cghs card cghs clarification CGHS DELHI cghs empanelled hospitals CGHS facilities to retired BSNL employees. CGHS Hospitals Rates CGHS NEW TIMINGS CGHS RATES CHARTER OF DEMANDS CHARTER OF DEMANDS STRIKE CHILD CARE LEAVE children education allowance csd DA DA HIKE DA JANUARY 2015 DA JULY 2015 DA MERGER DA ORDER DEARNESS ALLOWANCE dearness relief DEATH CUM RETIREMENT BENIFITS DEATH GRATUITY DECLARING ASSETS DECLARING HOLIDAY ON APRIL 14 defence defence civilian employees Delay in Pension disabled children disbursement of pension DOE DOPT DOPT Circulars 2013 DOPT--STENOGRAPHERS DOPT-MACP DOPT-PENSION EDUCATION EPF EPFO ESIC EXPECTED DA EXPECTED DA FROM JULY 2015 EXPECTED PAY FAMILY PENSION FAMILY PENSIONERS FAMILY PLANNING ALLOWANCE FAQ ON PENSION FINANCE FIXED MEDICAL ALLOWANCE FMA FNPO GPF GRADE PAY GRADEPAY GRATUITY HOLIDAY HOLIDAY HOMES HOLIDAYS 2011 HOLIDAYS 2013 HOLIDAYS 2014 HOLIDAYS FOR 2015 HOLIDAYS LIST 2016 HOUSE BUILDING ADVANCE HOUSE RENT ALLOWANCE INCLUSION OF AADHAR NO IN SERVICE BOOK INCOMETAX increase da increasing retirement age to 62.central govt employees INDEFINITE STRIKE INDEPENDENCE DAY INDIA POST JCM JCM III KENDRIYA VIDYALAYA KV LDC-UDC ISSUE LDCE LEAVE TRAVEL CONCESSION LTC LTC 80 FARE LTC ADVANCE LTC entitlement LTC TO SOME COUNTRIES MACP MINIMUM PENSION MINIMUM WAGES MINISTRY OF DEFENCE MINISTRY OF FINANCE MODIFIED ASSURED CAREER PROGRESSION NAC NAC.NATIONAL ANOMALY COMMITTEE NATIONAL PENSION SCHEME NATIONAL PENSION SYSTEM NC JCM NEW PENSION SCHEME NEW EMPANELMENT HOSPITALS NEW PAY SCALE NEW PENSION SCHEME new pension scheme india OBC OFB ORDINANCE FACTORY BOARD orop OROP LATEST NEWS pay commission pay commission kerala pay fixation pay hike payment PAYMENT OF PENSION PCDA PENSION pension benefits PENSION FUND PENSIONERS PENSIONERS PORTAL PF PFRDA post offices postal dept POSTAL EMPLOYEES PRODUCTIVITY LINKED BONUS PROJECTED PAY SCALE PROMOTION PROPOSED PAY STRUCTURE PROVIDENT FUND RAILWAY BONUS RAILWAY EMPLOYEES RAILWAYS RECRUITMENT RULES REDUCE RETIREMENT AGE FROM 60 TO 58 REDUCING RETIREMENT AGE FROM 1/1/2016 REIMBURSEMENT RESERVATION retirement retirement age retirement of government officials sexual assalt cases SEXUAL HARASSMENT AT WORK PLACES STENOGRAPERS STRIKE TRADE APPRENTICES TRADE UNIONS UNION UPSC VRS WASHING ALLOWANCE WOMEN EMPLOYEES WOMEN POST OFFICE WOMENS RIGHTS YEARLY INCREMENT YOGA YOGA DAY
LATEST NEWS ON LTC
LATEST NEWS ON DEARNESS ALLOWANCE
RETIREMENT AGE FOR CENTRAL STAFF
REDUCE RETIREMENT AGE FOR NEW CENTRAL EMPLOYEES FROM 1/1/2016 NO PROPOSAL TO INCREASE RETIREMENT AGE FOR CENTRAL GOVERNMENT EMPLOYEES J&K govt increases retirement age from 58 to 60 Employees to get pension payment order soon after retirement RAISE THE RETIREMENT AGE TO 65 YEARS Central govt employees’ retirement age to be extended by 2 years to 62 Union government wants retirement age 62 Cabinet decision to increase retirement age deferred Govt not considering to raise retirement age to 62 yrs
MACPS/ACPS for the Central Government Civilian Employees – Regarding MACP Scheme - treatment of employees appointed through LDCE/GDCE against Promotee Quota vacancies at par with those selected against DR/LDCE quota vacancies —reg. CENTRAL GOVERNMENT EMPLOYEES DEMANDS ON MACP MODIFIED ASSURED CAREER PROGRESSION SCHEME FOR MULTI TASKING STAFF Modified Assured Career Progression Scheme for the Central Government Civilian Employees SUMMARY RECORD OF DISCUSSIONS HELD DURING THE THIRD MEETING OF THE JOINT COMMITEE ON MACPS LATEST FAQ ON MACP FOR CENTRAL GOVT EMPLOYEES
CHILD CARE LEAVE
CHILD CARE LEAVE FOR MALE CENTRAL GOVERNMENT EMPLOYEES-7TH CPC IMPORTANT FAQ ON CHILD CARE LEAVE (CCL) Grant of Child Care Leave to Civilian Female Industrial Employees of Defence Establishments. House Rent Allowance (HRA) during the Child Care Leave (CCL) Extension of orders for grant of Child Care Leave to all Civilian Female Industrial Employees of the Central Government. ' Child Care Leave-Waiving of age restriction for mentally challenged/disabled children
MACP FOR CENTRAL GOVT EMPLOYEES
Restructuring of cadre of Artisan Staff in Defence Establishment in modification of recommendation of 6th CPC Modified ACP Scheme (MACPS) for Railway employees- clarification-NFIR IMPORTANT DEMANDS OF THE RAILWAYMEN TO BE PURSUED BY THE ALL INDIA RAILWAYMEN’S FEDERATION