Festival Advance discontinued as per 7th CPC recommendations
GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
New Delhi, dated:14.12.2016
The General Managers,
All Zonal Railways/Production Units, CORE, Metro Railway,
The Director General, RDSO,Lucknow
The Director General,National Academy of Indian Railway,Vadodara.
The Director,IRICEN/ Pune, IRIEE/Nasik Road,IRIMEE/Jamalpur,IRISET, Secunderabad,IRITM,Lucknow.
The Chairman, RRBs, Mumbai, Chandigarh, Patna, Muzaffarpur, Malda, Secunderabad, Ranchi, Kolkata, Bangalore,Gorakhpur, Bhopal, Chennai. The Pay& Accounts Officer, Railway Board. ·
Sub: Discontinuance of Festival Advance on the recommendation of 7th CPC.
Seventh Central Pay Commission has recommended that all interest free advances including Festival Advance being granted to the Central Government employees should be abolished
2. The above recommendation has been considered and accepted in consultation with Pay Commission and Finance Directorates of Railway Board. Hence,it has been decided not to grant Festival Advance to Railway employees with immediate effect.
3. This issues with the concurrence of the Finance Directorate of the Ministry of Railways.Necessary correction of Indian Railway Establishment Manual Volume-1 shall follow.
Please acknowledge receipt.
Director Estt. (LL)