Loans to Government Employees for House Building purpose

LOANS AND ADVANCES – Loans to Government Employees for House Building purpose – Allotment of funds for the period 2nd of June to September, 2014 during the financial year 2014-15 towards House Building Advance – Orders - Issued.
As per G.O.RT.No. 70.           Dated:29-09-2014.
  1. the Finance (HRM.IV) Department have allotted funds towards sanction of House Building Advance to employees working in Secretariat and Head of the Department for an amount of Rs.5,00,000/-and an amount of Rs.7,00,000/- to District/Regional Offices under the control of School Education Department, for the period from 2nd of June to September, 2014 during the Financial Year 2014-2015.
  2. Keeping in view of the strength of the Unit of Heads of Departments under the Administrative Control of School Education Department and availability of funds for the financial year 2014-15, the Government hereby reallocate the above said funds among the Secretariat & Heads of Departments and also to the Regional/ District Offices under the control of School Education
    Department as indicated below:-
  3. S.noName of the H.O.D.,Secretariat and H.O.Ds.,Regional and Dist. Offices
    1The Commissioner and Director of School Education---7,00,000-00
    2The Director and Special officer,Jawahar Bala Bhavan, Telangana,Hyderabad5,00,000-00---
    Total5,00,000-007,00,000-00
  4. The following principles shall be kept in view while sanctioning loans for House Building Advance to Government employees by the Departments.
  5. The Budget released shall be utilized by following all regulations strictly.
    i. The Departments of Secretariat and Heads of Departments should not utilize the amount allotted to the employees of District / Regional Offices for sanction of House Building Advance to the employees of Secretariat and Heads of Department.
    ii. Instruction issued regarding allotment in respect of Class-IV employees should be kept in view;
    iii. The Sanctioning Authority shall ensure that prompt follow up action is also taken up after sanctioning the advance in getting the formalities completed by the loanees;   
    iv. The Secretariat Departments are requested to allot sufficient funds to Heads of Departments out of this release;
    v. It shall also be ensured that the cases for sanction of advances for house construction/repairs/ ready built house shall be considered only after meeting the requirement of committed cases in full.
    vi. No H.B.A. for House Construction/ Ready Built House purpose should be sanctioned to those Government employees who were allotted houses by the H.U.D.A(HMDA)/Housing Board/Cooperative Societies etc.,
  6. The Head of the Departments are also requested to take immediate action to reallocate the funds among the District offices under their control for sanction of loans to the employees so that the Subordinate Officers can sanction loans immediately to the employees, if they are eligible, as per rules
  7. The expenditure on account of sanction of the House Building Advance shall be debited to “7610 – Loans to Government Servants etc., M.H. 201 House Building Advance - S.H. (05) Loans to Other Officers - 001 – Loans to other Officers”
  8. This order does not require the concurrence of Finance (HRM.IV) Department as per the orders and rules in force on the subject.

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Loans to Government Employees for House Building purpose Loans to Government Employees for House Building purpose Reviewed by Tteachers on Saturday, October 04, 2014 Rating: 5