Loans and Advances – Loans to Government Employees for purchase of Motor Car - Allotment of funds for the period from January, 2015 March, to 2015 in the Financial Year 2014-2015– Orders – Issued.
Read the following:
1. G.O.Ms.No.49, Finance (BG-I) Department, dated 20.02.2014.
2. Andhra Pradesh Reorganisation Act 2014.
3. U.O. Note No.551-A/171/A1/BG-I/2014, Finance (BG-I) Department, dt.12.03.2014.
4. Cir. Memo No.737-A/180/A1/BG.I/2014-1, Finance (BG-I) Dept., dated 21.03.2014.
5. G.O.Ms.No.74, Fin (BG.I) Dept, dt.01-04-2014.
6. G.O.Ms.No.118, Fin (BG.I) Dept, dt.21-05-2014.
7. G.O.Ms.No.290, Finance (HRM.IV) Dept, dt.06-08-2014.
8. G.O.Ms.No.44, Fin (BG) Dept, dt.10-12-2014.
9. G.O.Ms.No.1340, Finance (HRM.IV) Dept., 23.12.2014
10. G.O.Ms.No.6, Finance (BG) Dept., dt:20-01-2015.
Order:
1.As per the orders issued in the references 1-9 read above and in relaxation of the orders issued in the reference 10th read above, the budget Provision for the period from January, 2015 to March, 2015 during the financial year 2014-2015 for an amount of Rs.1,05,00,000/- (Rupees One Crore and Five Lakhs only) is hereby released to the Departments as shown in the Annexure to this order towards sanction of Motor Car Advance to the State Government Employees..
2. The sanctioning authorities shall ensure that prompt action is to be taken against the defaulting Officers who misuse or fail to complete the formalities in time.
3. The Secretariat Department shall issue suitable instructions to the loan sanctioning authorities to arrange for prompt recovery of the loan amount sanctioned to the employees as per the rules on the subject.
4. The expenditure on account of the Motor Car advance shall be debited to “7610-Loans to Government Servants – M.H. 202- Advances for purchase of Motor Conveyances -S.H.(04) Loans for purchase of Motors Car- 001-Loans for purchase of Motor Cars”.
5. The Departments of Secretariat shall take necessary action for sanction of loans to the eligible officers in the Secretariat, Heads of Departments etc., and for re-allocation of funds where powers have been delegated for sanction of Motor Car Advance to the Heads of Departments under their control.
