The State Government on Saturday enhanced the festival advance of Government employees from existing Rs 15,000 to Rs 20,000.
“Taking into account the factors of price rise and consequential cost of living, the State Government after careful consideration has been pleased to revise the amount admissible for festival advance from existing Rs 15,000 to Rs 20, 000,” a Finance Department release stated.
The advance will be recovered in maximum 10 monthly installments of Rs 2,000 per month from the salary of the employee concerned with effect from the succeeding month.
The State Government employees who are in the pay level of nine and below in the State pay matrix as per ORSP Rules, 2017 will be eligible for festival advance.