Central govt employees to get Rs 10,000 interest-free festival advance: FM

The government on Monday announced a one-time Rs 10,000 interest-free festival advance to all its officers and employees as part of plans to increase consumer spending to spur demand in the economy.

At a press conference, Finance Minister Nirmala Sitharaman said festival advance was discontinued from 6th Pay Commission for central government employees.

But as a one-time measure, an interest-free advance will be given to all officers and employees of the central government, she said. This Rs 10,000 advance will come as