Monday, July 28, 2014

Enhancement in the rate of Festival Advance as a result of Increase in DA w.e.f. 01.01.20 14


RBE No. 79/2014
No. 2011/E (LL)/FA/1
New Delhi, dated: 22.07.2014

The GeneraI Managers,
All Zonal Railways/Production Units, RDSO, CORE, Metro Railway,
The Director General, RDSO, Lucknow
The Director General, National Academy of Indian Railway, Vadodara.
The Director, IRlCEN/P√ľne, IRIEEN/Nasik Road, IRIMEE/Jamalpur,
IRISET, Secunderabad, JRRPF Academy, Lucknow. IRITTM, Lucknow.
The Chairman, RRBs,Ajmer, Ahmedabad, Allahabad, Bangalore, Bhopal,Bhubaneshwar, Chandigarh, Chennai, Calcutta, Jammu, Gorakhpur,Guwahati, Malda, Mumbal, Muzaffarpur, Patna, Ranchi, Secunderabad and Thiruvananthapuram
The Pay & Accounts Officer, Railway Board.

Sub: Enhancement in the rate of Festival Advance as a result of increase in DA w.e.f. 01.01.20 14

Please refer to Board’s letter of even number dated 18.07.2011, conveying enhancement in the rate of Festival Advance by 25% on increase of Dearness Allowance to 51%.

2. Railway Board vide letter No. PC.VI/2008/1/7/2/1 dated 28.03.2014 has enhanced the DA payable to railway employees from the existing rate of 90% to 100% w.e.f. 01.01.2014.

3. Consequent upon aforesaid enhancement of DA to 100%, the matter regarding revision in the rate of Festival Advance has been considered by the Board and decided that the rate of festival advance shall increase by 25%, w.e.f. 01.01.2014.

4. This issues with the concurrence of the Finance Directorate of the Ministry of Railways.

5. There is no change in the other terms and conditions for grant of festival advance.

Please acknowledge receipt.

(Madan Lal)
Director Estt(LL)

Source: AIRF

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