Loans and Advances sanction to State Government Employees - Recovery during April 20'15 - postponed

GOVERNMENT OF KERALA
Abstract
Loans and Advances sanction to State Government Employees - Recovery
during April 20'15 - postponed - Orders issued.

FTNANCE (LOANS) DEPARTMENT
G.O (MS) No.,136/15/Fin Dated, Thiruvananthapuram, 1 6.04.201 5
Ref:- GO(MS) 144/14/Fin dated 16.04.2014
ORDER
Government are pleased to order that recovery on account of the
repayment of principal and interest of all loans and advances taken from
Government by the State Governmenl Employees, drawing basic pay upto
Rs. 22,360/- (Pre-revised pay Rs.12,930/) per month, from the salary for the month
of April,2015 will be postponed on the specific request of the employees. The
recovery of instalments thus postponed will be effected in five equal monthly
instalments from their salaries for the month of July 2015 to November 2015.

2. The recovery of the postponed instalments should be effected stricfly
according to the above schedule/instalments. Failure to repay even a single
instalment as stipulated in para 1 will invite penal interest for whole HBA amount
deeming them as defaulters as laid down under Art.244 D of KFC. The treasury
officers should not honour bills which are presented without the schedule of
recovery by DDOs in such cases.

3. These orders will be applicable to all State Government Employees
including those borne on contingent and work establishment and to the teaching
and non-teaching staff of Aided Schools and Private Colleges who are paid from
the Consolidated Fund of the State besides staff of local bodies having identical
background,and scale of pay.


BY ORDER OF THE GOVERNOR
V. RAJAPPAN
ADDITIONAL SECRETARY (FINANCE)