Modi Govt is giving 10 thousand rupees advance for celebrating Holi, know how to avail the benefit

Special Festival Advance Scheme: Central government employees can take 10 thousand rupees (Rs 10,000) in advance to celebrate a festival like Holi. No interest will be charged on this.

The rising issue of Corona in the country has again raised many questions in the minds of all. However, within a few days, there is Holi on March 29, which has started preparations in the house. Since Holi is on the last day of the month, it is natural that by this time salary is over. This is the reason why the central government has announced a special offer for the central government employees to celebrate their Holi festival. The Modi Government giving you the benefit of this special scheme (Special Festival Advance Scheme).

Earlier, in the Sixth Pay Commission (6th Pay Commission), 4500 rupees were received. But the government has increased it to Rs 10,000. That means central government employees can take Rs 10,000 in advance to celebrate a festival like Holi. No interest will be charged on it. March 31st is the last date to take advantage of this scheme. Later employees can return it in 10 installments. That is, you can repay it with a monthly installment of Rs 1,000.

Finance Minister Nirmala Sitharaman had said recently that this advance given for festivals will be pre-loaded. This money will already be registered in the ATM of central employees, Only they have to spend. During the Corona time last year, the way the central government froze the DA of the employees gave a big blow. In such a situation, this advance amount will be a big relief for the employees. And they can spend freely in a festival like Holi.

There will also be increase in salary of employess

There is good news for central government employees. After the change in salary from April 1, the salary of the employees will increase. Explain that lakhs of central government employees have been waiting for the 7th Pay Commission to be implemented for a long time. FYI, lakhs of central government employees have been waiting for the 7th Pay Commission to be implemented for a long time.

Also, Read This: Learn how you can take advantage of LTC Cash Voucher Scheme

Let us tell you that from April 1, 2021, a new wage code is expected to be implemented in the country, After which there will be a change in the salary structure of the employees. Let us tell you that this change will directly affect the take-home salary of the employees. According to the new rule, your basic salary will be 50 percent of the total CTC. Along with this, your PF contribution will also increase. Apart from this, after the seventh pay is implemented, your salary will also increase.