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GOVERNMENT OF ANDHRA PRADESH
ABSTRACT
Transport, Roads and Buildings Department- Loans and Advances –
House Building Advance of Rs.2.00 Lakhs to Sri T.R.B.G.Ganga Raju, P.S
to Principal Secretary to Government, T.R&B Department for carrying
out repairs / improvement to his house - Sanction of Rs.2.00 Lakhs
towards House Buildings Advance (Repairs) – Orders – Issued.
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TRANSPORT, ROADS & BUILDINGS (OP-I) DEPARTMENT
G.O.Rt.No. 302 Dated:21.03.2012
Read the following
1. G.O.Ms. No.174, Fin (A&L) Deptt., Dt.15.05.2010.
2. G.O. Rt.No.4156, Finance (A&L) Department, Dt.23.11.2011
3. G.O.Rt.No.1165, TR&B(OP-I) Department, Dt.12.12.2011
4. From Sri T.R.G.B.Ganga Raju, P.S. to Prl.Secy to Govt.,
Transport, Roads & Buildings Department, Appln.dt.09.03.2012.
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ORDER:-
Under Article 226,227 and 233-A of the Andhra Pradesh Financial
Code, Vol. I and in terms of the orders issued in the reference 1st to 3rd
read above, Government hereby accord sanction for an amount of
Rs.2.00 Lakhs (Rupees Two Lakhs Only) to Sri T.R.B.G.Ganga Raju, P.S
to Principal Secretary to Government, Transport, Roads and Buildings
Department for effecting repairs / improvements to his house bearing
Plot No.75, Survey No.39,155, 158 & 173, Manikonda Jagir and Village,
Rajendranagar Mandal, Ranga Reddy District. The advance shall be
disbursed to him in a lumpsum and it shall be drawn, immediately.
2. The advance sanctioned in para (1) above is subject to the
following conditions:-
i) that the repairs / improvement work should be completed
with in six months from the date of drawal of advance and
the fact intimated to the Government along with the
certificate from an officer of the P.W.D not below the rank of
Deputy Executive Engineer.
ii) that the house should be mortgaged in favour of Government
with in six months from the date of drawal of the advance.
iii) that the advance sanctioned shall be utilized for effecting
repairs / improvement by his house within the stipulated
period, failing which penal interest at prescribed rates shall
be levied for the period not covered by Government Sanction.
3. The advance sanctioned shall be recovered in (50) Fifty monthly
installments @ Rs.4000/- per month commencing from the salary of the
individual from the following month in which the loan is drawn and
Interest at the rate of 5.50% per annum (simple interest) will be charged
and recovered in (12) Twelve equal monthly installments after the
principal amount is fully recovered. The above rate of interest is
provisional and is liable for enhancement at any time. The penal interest
will be charged at the double the rate of normal interest in case the
advance is mis-utilized or not utilized at all and at 1.5% times the
normal rates for non-compliance with formalities.
(PTO)::2::
4. The recovery of the advance shall be affected through monthly pay
leave salary of the grantee. If the grantee ceases to be in service for any
reason other than the normal retirement / superannuation or if he dies
before the repayment of the advance in full, the entire advance shall
becomes payable to the Government forthwith. Failure on the part of the
grantee or his successors in interest to repay the advance for any reason
will entitle the Government to take action as may be permissible under
law.
5. The expenditure sanctioned in para (1) above shall be debited to
Head of Account “7610- Loans to Government Servants – 201 – House
Building Advances – SH(05) Loans to Other Officers” and shall be met
from the allotment made in the reference 3rd read above.
6. The Deputy Pay and Accounts Officer, Secretariat Branch,
Hyderabad is informed that the advance sanctioned above is for the first
time for this purpose and the same has been sanctioned from the funds
allotted in the reference 3rd read above.
7. The above individual referred to in para (1) shall submit Surety
and Agreement Bonds as required under the rules.
8. The Transport, Roads and Buildings (OP-II) Department are
requested to draw and disburse the amount sanctioned in para-1 above
to the individual.
(BY ORDER AND IN THE NAME OF GOVERNOR OF ANDHRA PRADESH)
D.LAKSHMI PARTHASARATHY
PRINCIPAL SECRETARY TO GOVERNMENT
To
Sri T.R.B.G.Ganga Raju, P.S. to Prl.Secy to Govt.
The TR&B(OP-II/ Claims) Deptt
The Dy. P.A.O, Sectt., Branch, Hyderabad.
The Accountant General, Andhra Pradesh, Hyderabad
Copy to Finance (A&L) Deptt
Sf/SC
//FORWARDED: BY ORDER//
SECTION OFFICER