Loans and Advances to Kerala State Government Employees- Recovery
Loans and Advances sanction to Kerala State Government Employees – Postponement of recovery during April 2015
Kerala Government has issued an order for postponement of deduction of loans from the salaries to July 2015. The deductions for April 2015, will be recovered from July 2015 to November 2015 in 5 equal installments. The abstract of the order is reproduced below:
GOVERNMENT OF KERALA
Loans and Advances sanction to State . Government Employees – Recovery during April 2015 – postponed – Orders issued.
FINANCE (LOANS) DEPARTMENT
G.O (MS) No.136/15/Fin Dated, Thiruvananthapuram, 16.04.2015
Ref:- GO(MS) 144/14/Fin dated 16.04.2014
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 Government 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 strictly 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
ADDITIONAL SECRETARY (FINANCE)