Bhubaneswar: The Odisha government Saturday enhanced the festival advance of non-gazetted employees from Rs 15, 000 to Rs 20, 000, an official release said.
“Taking into account the factor of price rise and consequential cost of living , government after careful consideration have been pleased to revise the amount admissible for festival advance enhancing the same from existing Rs 15,000 to Rs 20,000,” a release issued by the State Finance Department said.
The employees who are in the pay level of 9 and below in the State Pay Matrix as per ORSP Rules, 2017 shall be eligible for festival advance, it added.
This advance shall be recovered in maximum of 10 monthly installments of Rs 2,000 each from the salary. The employees have to pay the installment from the succeeding month.
In case of any eventuality leading to non-recovery of such advance within the stipulated period of ten months, the employee concerned shall not be eligible to avail the next festival advance till completion of the recovery of the earlier advance, the statement added.
PNN