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NIFR petition on grant of subsidy on HBA interest forwarded to Ministry of Urban Development & Poverty Alleviation for action




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14 Apr, 2013 1:31p.m.

2The petition (read here - http://www.staffcorner.com/view.html?id=450001) submitted by the NIFR on grant of subsidy of 2% in the rate of interest on the home loans raised by the employees from the banks has been  been forwarded by the Ministry of Finance  to the Ministry of Urban Development & Poverty Alleviation for appropriate action. NIFR has circulated the letter from the ministry for wider publicity.

NFIR
National Federation of Indian Railwaymen
3, CHELMSFORD ROAD, NEW DELHI -110 055

No.1/6(2)

Dt: 13.04.2013

The NFIR vide its letter No.1/6(2) dated 26/02/2013 had invited attention of the Ministry of Finance (Department of Expenditure), Govt. of India towards the higher cost of construction of homes. To encounter the escalation in prices to some extant. NEIR has demanded from the Government of India a subsidy of 2% on the rate of interest charged by the Government from its employees on all HBAs sanctioned on or after 01/01/2006.

NFIR’s communication has been forwarded by the Ministry of Finance (Deptt. of Expenditure) vide No.366/EV/2013 dated 10th April 2013 to the Ministry of Urban Development & Poverty Alleviation for appropriate action.

A copy of NFIR’s letter and the letter received from the Ministry of Finance are enclosed. This may be give wide publicity.

Yours fraternally,

sd/-
(M. Raghavaiah)
General Secretary

 

No.366/EV/2013
Government of India
Ministry of Finance
Department of Expenditure

New Delhi, the 10th April, 2013

Subject: Representation of Shri M. Raghavaiah regarding Grant of subsidy to the Central Government Employees on the rate of interest on HBA as recommended by VIth CPC.

The undersigned is directed to forward herewith reference/representation in the matter noted above for appropriate action/redressal of the grievance(s). It is also requested that the petitioner may kindly be informed suitably.

sd/-
(Sanjay Kumar)
Section Officer (E.V)



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