Delhi govt announces festival bonus for staff

Delhi govt announces festival bonus for staff

TIMES NEWS NETWORK

New Delhi:23.10.2020

Delhi government on Thursday unveiled Diwali gifts for its employees and announced to pay cash equivalent of leave travel allowance, besides Rs 10,000 interest-free festival package in advance. The announcement made just before Dussehra and Diwali, is aimed to boost festival expenditure, a statement issued by the government said.

To help increase consumption expenditure and incentivise employees, Delhi government has also announced a special cash package in lieu of leave travel concession (LTC) for government employees, said its statement, which also underlined the hard work of the employees during the pandemic. It added that the government believed these steps would bring ease to the lives of the employees.

“With pandemic and lockdown creating a disruption in transport and hospitality sectors, Delhi government has observed that a number of its employees is not in a position to avail the leave travel concession to any place or hometowns. It has decided that cash equivalent of LTC will be given to its employees by way of reimbursement if an employee opts for this in lieu of LTC in the block of 2018–21,” the government stated.

Employees who are entitled to business-class airfare will get Rs 36,000 LTC, followed by Rs 20,000 for those who are entitled to an economy class. Lastly, the employees who are entitled to rail fare of any class will get Rs 6,000 LTC.

For enabling government servants to meet expenses relating to festivals and encourage spending, the government has decided that a special festival package of advance would be accorded to all government employees for any important festivals up to March 31, 2021. “Under the initiative, the amount of the package is Rs10,000 and will be interestfree. This amount will be paid as advance to the employees. Earlier, this provision was only there for non-gazetted staff. Now, it will be applicable to both gazetted and non-gazetted employees,” the government announced.

Employees would get a preloaded Rupay card of the advance value. “Disbursal of advance through Rupay card ensures digital mode of payment, resulting in tax revenue and encouraging an honest business,” the statement noted.

3 6kRS LTC FOR STAFF ENTITLED TO BUSINESS-CLASS AIRFARE