RT-1258: LOANS AND ADVANCES – Loans to Government Servants – Allotment of funds for purchase of Cycle and other Conveyances for 2011-12 towards 4th quarter– Orders – Issued.

GOVERNMENT OF ANDHRA PRADESH ABSTRACT LOANS AND ADVANCES – Loans to Government Servants – Allotment of funds for purchase of Cycle and other Conveyances for 2011-12 towards 4th quarter– Orders – Issued. ------------------------------------------------------------------------------------------------------------ FINANCE (A&L) DEPARTMENT G.O. Rt. No. 1258 Date: 29-03-2012 Read the following: 1. G.O.Ms.No.62, Fin.(BG.I) Dept, dt 15-4-2010. *** O R D E R: According to the orders issued in the references cited, 25% budget Provision towards 4th quarter for the financial year 2011-12 i.e. an amount of Rs. 2,75,000/- (Rupees Two Lakhs and Seventy Five Thousand only) is hereby released for utilization among various departments of Secretariat and Heads of Departments as detailed in the annexure to this order for sanctioning loans to Government employees, for purchase of Cycles and other Conveyances under their administrative control duly following relevant rules and instructions in force. 2. The following principles shall be kept in view while sanctioning loans to the Government Servants by the Departments:- (i) The Departments of Secretariat and Heads of Departments should not utilise the amount allotted to the employees of Regional and District Offices for sanctioning the Cycle Advance to their employees. (ii) The Sanctioning authority shall ensure that prompt action is taken against the defaulters who misuse the amount and against those who fail to complete the formalities in time, according to the rules. 3. The Secretariat Departments shall issue suitable instructions to the loan sanctioning authorities to arrange for prompt recovery of the loan amount sanctioned to the employees as per rules on the subject. 4. The expenditure on account of sanction of loans for purchase of Cycle and other conveyances shall be debited to “7610 – Loans to Government Servants etc., M.H.203 Advances for purchase of other conveyances, S.H. (04) Advances for purchase of Cycle and other Conveyances. 001 Advance for purchase of cycles and other conveyances. 5. The Departments of Secretariat, other than Finance Department, shall take immediate action to reallocate the funds among the Departments under their control for sanction of loans to the eligible employees. (BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) Dr. D. SAMBASIVA RAO PRINCIPAL SECRETARY TO GOVERNMENT (FP) To All Departments of Secretariat. The Accountant General, A.P., Hyderabad. The Pay & accounts Officer, A.P., Hyderabad. The Director of Treasuries & Accounts, A.P., Hyderabad. The Director of Insurance, A.P., Hyderabad. The Commissioner of Small Savings & State Lotteries, Hyderabad. The Director of Local Fund Audit, A.P., Hyderabad. The Finance (OP.I) Department. Copy to: Finance (BG) Department. The Deputy Pay and Accounts Officer, Secretariat Branch, Hyderabad. The Commissioner, I&PR, Hyderabad for information. SF/SCs. //FORWARDED BY ORDER// SECTION OFFICER