Home India FIN01 - FINANCE RT-1260: LOANS AND ADVANCES – Loans to Government Servants –...
Date: 2012-03-29 Category: Andhra Pradesh GOIR State: Andhra Pradesh Country: India

RT-1260: LOANS AND ADVANCES – Loans to Government Servants – Allotment of funds for Marriage Advance for 2011 – 12 towards 4th quarter – Orders – Issued.

Issued by FIN01 - FINANCE · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task
Official Source Record View Original Source →
See Full Document Text
GOVERNMENT OF ANDHRA PRADESH ABSTRACT LOANS AND ADVANCES – Loans to Government Servants – Allotment of funds for Marriage Advance for 2011 – 12 towards 4th quarter – Orders – Issued. ------------------------------------------------------------------------------------------------------------ FINANCE (A&L) DEPARTMENT G.O.Rt. No. 1260 Date: 29.03.2012 Read the following: 1. G.O.Ms.No.62, Fin.(BG.I) Dept, dt 15-4-2011. *** 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.1,10,00,000/- (Rupees One Crore and Ten Lakhs only) is hereby released towards sanction of Marriage Advance to the Departments as detailed in the Annexure to this order for sanctioning loans to Government employees 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 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 Advance to their employees. (ii) Special care should be taken to scrutinize the case for sanction of Marriage Advance to the employees to ensure that they do not draw advance by producing false particulars of daughters and sons. (iii) 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 Marriage Advance shall be debited to “7610 – Loans to Government Servants etc., M.H.800 Other Advances, S.H. (05) Marriage Advances. 001 Marriage Advances”. 5. The Departments of Secretariat other than the Finance Department shall take immediate action to reallocate the funds among the Departments under their control for sanction of loan, 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 D.T.A/P.A.O./A.G., 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. Copy to: Finance (BG/OP.I) Department. The Deputy Pay and Accounts Officer, Secretariat Branch, Hyderabad. The Commissioner, I&PR, Hyderabad for information. SF/SCs. //FORWARDED BY ORDER// SECTION OFFICER

Continue your research