Holi Bonanza for Central Government Employees, Here’s Detail
New Delhi: In a good news ahead of the colours of festivals, Holi, the central government has approved a five-fold increase in one-time incentive given to its employees who acquire higher degrees while serving in their departments.
The Personnel Ministry has amended a 20 years old rule in this regard to increase the amount of incentives provided for the employees, PTI reported. A statement in this regard was issued on Monday. The amount of incentive will be hiked from a minimum of Rs 10,000 to a maximum of Rs 30,000 for acquiring higher qualifications like Ph.D.
Now, the increase in the amount will be a minimum of Rs 10,000 to a maximum of Rs 30,000, the Personnel Ministry order stated.
As per the order, Rs 15,000 will be given for acquiring degree/diploma having duration of more than three years while Rs 10,000 will be given for acquiring degree/diploma of duration of three years or less.
A amount of Rs 20,000 will be given for earning post graduate degree/diploma with one year or less. Such qualification having duration of more than one year will get Rs 25,000 to the employees, it added.
A highest incentive of Rs 30,000 will be given to those getting Ph.D or equivalent, it stated while clarifying that no incentive shall be allowed for acquiring higher qualification purely on academic or literary subjects.
Moreover, it stated that, “The incentive would be given only for higher qualification acquired after induction into service.”
Further, the incentive shall be limited to maximum two times in an employee’s career, with a minimum gap of two years between successive grants. Besides, those earning post graduate degree of Ph.D were entitled for a maximum of Rs 10,000 while Rs 2,000 was applicable incentive for passing intermediate examination.