Discover and read the best of Twitter Threads about #LTCCashVoucher

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One-time disbursement of Special #FestivalAdvance,to amount to Rs4000Cr

If given by all state govts,another 8000Cr is expected to be disbursed& employees can spend on any festival

Interest free advance of Rs 10000 under #SpecialFestivalAdvance,to be paid back in 10 instalments
Govt employees will get pre loaded #Rupay card of advance value&scheme will be available till March 31st 2021,for #FestivalAdvance scheme

For #LTCCashVoucher scheme,cost will be Rs 5675Cr for central govt employees who opt for it,leading to demand infusion of 19000Cr
#DemandPush
For PSUs&PSB employees who opt for #LTCCashVoucher,cost will be Rs1900Cr&demand infusion will be for 9000Cr

To avail of #LTCCashVoucher,you have to buy goods with #GST of 12% or more,via digital modes

With #COVID19 derailing travel plans,cash voucher in lieu of LTC,a good move
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