Answer: Rs 10000
Notes: The Finance Minister has recently announced a one-time interest-free festival advance of Rs 10000, to all its officers and employees.
The festival advance was discontinued from the 6th Pay Commission for central government employees. But this one-time measure is announced to spur demand in the economy. The advance will be given as a pre-paid Rupay card, which can be spent by March 31, 2021. Cash voucher replacing leave travel concession (LTC) fare was also announced.
