Home India EHE01 - HIGHER EDUCATION RT-145: ESTABLISHMENT – HIGHER EDUCATION DEPARTMENT – LOANS...
Date: 2012-03-31 Category: Andhra Pradesh GOIR State: Andhra Pradesh Country: India

RT-145: ESTABLISHMENT – HIGHER EDUCATION DEPARTMENT – LOANS & ADVANCES - HOUSE BUILDING ADVANCE to Government employees - Advance to Smt. S. Siva Naga Rajeswari, S.C. Steno, Higher Education Department for repairs to her existing house for an amount of Rs.2,00,000/- – Sanctioned – Orders – Issued.

Issued by EHE01 - HIGHER EDUCATION · Not Applicable

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GOVERNMENT OF ANDHRA PRADESH ABSTRACT ESTABLISHMENT – HIGHER EDUCATION DEPARTMENT – LOANS & ADVANCES - HOUSE BUILDING ADVANCE to Government employees - Advance to Smt. S. Siva Naga Rajeswari, S.C. Steno, Higher Education Department for repairs to her existing house for an amount of Rs.2,00,000/- – Sanctioned – Orders – Issued. HIGHER EDUCATION (OP) DEPARTMENT G.O.Rt.No. 145 DATED:31-03-2012. Read the following:- 1. G.O.Rt.No.1257, Finance (A&L) Department, dated:29.3.2012 2. G.O.Rt.No.141, Higher Education (OP) Department, dt.31.3.2012. 3. From Smt. S. Siva Naga Rajeswari, SC Steno, Higher Education Department, application dated dt.25.8.2010. ***** ORDER: Under Article-277A of the A.P.F.C. Vol.I and in terms of the orders issued in the reference 1st and 2nd read above, Government hereby sanction an amount of Rs.2,00,000/- (Rupees two lakhs only) to Smt. S. Siva Naga Rajeswari, S.C. Steno, Higher Education Department towards HBA (Repairs) for second time for carrying out repairs to her house in Plot No.73, Sai Vihar Nagar Colony, Phase-I Meerpet, Hyderabad subject to the following conditions:- a) The loanee should submit within six months from the date of drawal of the advance the utilization certificate and completion report from the competent authority not lower in the rank of a Deputy Executive Engineer (R&B) to the effect that the House strictly in accordance with the plan and estimates furnished by him to the loan sanctioning authority. If she fails to submit the two certificates within the stipulated time penal interest shall be levied from the date of drawal of the advance to the date of submission of the above two certificates. b) The loanee should execute an additional mortgage deed in favour of the Government covering the additional advance now sanctioned by the Government towards repairs and extension etc., within three months. c) She shall insure the House at his own cost within two months from the date of drawal of advance for a sum not less than the amount of advance and shall keep the House so insured against damage by fire, flood or lighting and deposit the policy with the Government till the advance with interest due thereon is fully repaid to Government. d) She shall execute the Surety Bond in the prescribed form (Form-IV) from a permanent Government Servant, drawing pay not less than his pay shall be obtained from the individual. 2) The advance sanctioned in para-1 above shall be recovered in 66 monthly installments. The recovery shall be at Rs.5,000/- being the first installment and remaining (65) installments @ of Rs.3,000/- per month. The recovery shall commence from the month of April, 2012. Interest shall be charged @ 5.5 % and shall be recovered in (15) installments from the month next to the completion of the recovery of the principle amount fully. It is open to the loanee to repay the amount in shorter period if he so desires.3. The advance sanctioned in para-1 above shall be drawn from the provision allotted to this Department vide G.O., 2nd read above and shall be debited to “7610-Loan to Government Servants 201-House Building Advance (05)-Loans to Other Officers -001- Loans to other Officers”. 4. This order does not require the concurrence of Finance & Planning Department as per rules and orders in force on the subject. (BY ORDER AND IN THE NAME OF THE GOVERNER OF ANDHRA PRADESH) M.G.GOPAL PRINCIPAL SECRETARY TO GOVERNEMENT To The individual concerned. The Higher Education (Claims) Department The Dy. PAO, Secretariat Branch, Hyderabad. Copy to:- The Accountant General, A.P. Hyderabad. SF/SCs. //FORWARDED BY ORDER// SECTION OFFICER

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