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HomeSalaries And PensionsCentre notifies salary advance Rs 10,000 in cash

Centre notifies salary advance Rs 10,000 in cash

New Delhi: Centre today notified its decision to give salary advance Rs 10,000 to its non-gazetted employees.

Finance Minister Arun Jaitley.
Since a lot of representations have come to Finance Minister Arun Jaitley from central government employees unions, So, the government complied with this decision.

The central government today decided that all central government non-gazetted employees now can draw salary advance up to Rs 10,000 in cash that’ll be adjusted against their November salaries after considering the difficulties faced to withdraw money.

The notification makes getting Rs 10,000 from the offices and the central government non-gazetted employees to get rid of standing long queues outside banks and ATMs to withdraw their own money.

“…the President is pleased to release part salary, in advance, amounting to Rs.10,000/- (Rupees ten thousand) by 23rd November 2016 from the salary for the month of November 2016 in the form of cash pay out to all Non-Gazetted employees of Central Government,” the finance ministry’s Office Memorandum No.25(30)/E.Coord/2016 today said.

“Employees, who do not wish to receive the cash pay-out of the part salary advance amounting to Rs.10,000/- (Rupees ten thousand) may give their option in the enclosed proforma to their respective Drawing & Disbursing Officer by 18 November 2016. In that case, their salary will be credited to their account on the last working day of November 2016, as usual. In case no option is received by the said date, it will be presumed that the employee has opted for cash pay-out and the payment thereof will be disbursed in cash accordingly. Residual part of their salary payable for the month of November 2016 will be released as per the existing procedure.,” it added.

It is to note that the central government has discontinued interest free advances, including salary advance on October 7 in pursuance of recommendations of the 7th Pay Commission.

Since a lot of representations have come to Prime Minister and Finance Minister from central government employees unions that the lower paid employees have to stand in queue in the banks to withdraw their salary in parts which ultimately amounts to spending the time they would use in their offices to serve the public.

So, the government complied with this decision.

TST
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