Festival advance, Bicycle Advance, Warm Clothing Advance, Interest Bearing Advances – Views of Indian Audit and Accounts Department

Festival advance, Bicycle Advance, Warm Clothing Advance, Interest Bearing Advances – Views of Indian Audit and Accounts Department

Bicycle Advance, Warm Clothing Advance

Festival advance, advance in the event of natural calamities like Flood, Drought, Cyclone etc

Advance of TA to a family of a deceased Govt. Employee.

Interest Bearing Advances:- The Pay Commission has recommended abolishing of Motor Car/Motor Cycle Advance.

Views of Indian Audit and Accounts Department

These advances may continued to be paid as per existing rules as these are admissible only to low paid employees upto Grade Pay of Rs.2800/- (Level 5)

These advances may continue to be paid as per existing rules as these interest free advances are payable to Group ‘B & C ‘employees as a welfare measure.

This advance may continue to be paid as per existing rules as this helps the family of a deceased Govt. employee to cope with immediate expenses for travel to their place of settlement.

The Pay Commission has abolished the Motor Car/Motor Cycle Advance on the plea that there are several schemes available in market. There are several schemes in the markets for House Building Advance also. However, the Pay Commission has not only recommended to continue with HBA but also proposed to increase the ceiling. Therefore, the plea of the commission to discontinue MCA on the basis that schemes for purchase of vehicles are available in the market does not hold good.

Further, several documentation/guarantees are required for seeking the said advances from the market. As it is convenient and safe for a Government Servant to avail such advances from the office without any hassles, these interest bearing advances may be continued as per the extant provisions.

Source:https://drive.google.com/file/d/0B7nIuoyYNiJUZkdmYWQySk1QTnM/view