A.P.Employees Welfare Fund for the Financial Year2017 G.O.Ms.No.404,

 AndhraPradeshStateLevelCommittee–A.P.EmployeesWelfare Fund–
SanctionofRs.1,50,00,000/-(RupeesOneCroreandFiftyLakhsOnly)towardsmatching
granttoAndhraPradeshEmployeesWelfareFundequivalenttotheinterestearnedon
CorpusFundforsanctionofLoanpurposesbytheA.P.EmployeesWelfareFundforthe
FinancialYear2017-18-Orders–Issued.

Finance(HR.VI/TA&AL/EWF)Department
G.O.Ms.No.25 Dated: .02.2018
Readthefollowing
G.O.Ms.No.404,(P)Finance(EWF)Department,dated30.07.2001.

ORDER:
IntheGovernmentordersreadabove,revisedprocedureofmakingpayments
regardingEmployeesWelfareFundhasbeenincorporated.Thesalientfeaturesofsuch
revisedprocedureformakingpaymentsareasfollows.
i) Theloansgrantedfrom theFundshallberecoveredhereafterbywayof
deductionsfromthepaybill.
ii) ThecontributionsmadebythememberstotheFundshallbecreditedto
thefollowingHeadofAccount.
www.gsrmaths.in
8121–GeneralandotherReserveFunds
MH.117–EmployeesWelfareFund(AndhraPradesh)
SH(01)–EmployeesWelfareFund(AndhraPradeshState)
iii) Governmentwillreleaseinterestonaccumulatedbalancesofthe
CorpusFund,whichwillbecreditedtoPublicDepositAccountunder
theHead8342-120-(08)bywayofadjustment.
iv) TheMatchingContributionsanctionedbytheGovernment,whichis
equivalenttotheinterestearnedontheCorpusFund,shallbecreditedto 8342-
120-(08)bywayofadjustment.
2. ToavoidinconvenienceandtoenabletheGovernmentemployeestomeetthe
immediateexpendituretowardspaymentofmedicalloansetc.,itisdecidedtodrawthe
availableBudgetaryProvisionandkeepthe amountunderthecontrolofStateLevel
Committee,AndhraPradeshEmployeesWelfareFund,Velagapudi.
www.gsrmaths.in
3. Accordingly,sanction is hereby accorded for crediting an amount of
Rs.1,50,00,000/-(RupeesOneCroreandFiftyLakhsOnly)tothePublicDepositAccount
intheHeadofAccountasgivenatpara5ofthisorderandtheamountwillbeutilized
bytheStateLevelCommittee,AndhraPradeshEmployeesWelfareFundforsanctionof
loanstoGovernmentservants.
4. Theexpendituresanctionedinpara3aboveshallbedebitedtothefollowing
HeadofAccount.
“2235 SocialSecurityandWelfare
60 OtherSocialSecurityandWelfareProgrammes
MH 200 OtherProgrammes
SH (12) MatchinggranttoAPEWFequivalenttointerestearnedon
CorpusFund
310 Grants-in-Aid
312 OtherGrants-in-Aid;
5. TheFinance(Claims)DepartmentshallclaimtheamountsanctionedatPara3
abovefromtheHeadofAccountatpara4abovewitharequesttothePayand
AccountsOfficer,AndhraPradeshSecretariatBranch,FinanceDepartment,Amaravathi
atVelagapuditocredittheamounttothefollowingHeadofAccount.
“8342– OtherDeposits
120 – MiscellaneousDeposits
SH(08) – DepositsofinterestonEmployeesWelfareFundand
matchingcontributionequivalenttotheinterestearned
ontheCorpusFund”.
6. TheA.P.StateLevelCommitteeofA.P.EmployeesWelfareFundshallmeetthe
expendituretowardssanctionofloanstothemembersoftheFundfrom theHeadof
Accountmentionedatpara5above.TheA.P.StateLevelCommitteeshallfollowthe
normsoftheEmployeesWelfareFundinthedistributionofLoans.
7. TheDeputyPayandAccountsOfficer,SecretariatBranch,Velagapudi,Andhra
Pradesh,isrequestedtocredittheamountasrequestedinthepara5aboveandsenda
notetoAndhraPradeshFinance(Claims)Departmentofthecreditsomade.
(BYORDERANDINTHENAMEOFTHEGOVERNOROFANDHRAPRADESH)
HEMAMUNIVENKATAPPA
SPECIALSECRETARYTOGOVERNMENT
To
TheDrawing&DisbursingOfficer,
Finance(Claims)Department,AndhraPradesh(3copies)
TheDeputyPayandAccountsOfficer,A.P.SecretariatBranch,Velagapudi.
ThePrincipalAccountantGeneral(A&E),A.P.Hyderabad(2copies)
Copyto:TheFinance(DCM)Department,AndhraPradesh.
ThePayandAccountsOffice,Ibrahimpatnam,AndhraPradesh
SF/SCs.
//FORWARDED::BYORDER//
SECTIONOFFICER
ANNEXURETO
GO.Ms.No. Finance(HR.VI-TA&AL/EWF)Dept.,Dated: -02-2018
A) HeadofAccount
“2235 SocialSecurityandWelfare
60 OtherSocialSecurityandWelfareProgrammes
MH 200 OtherProgrammes
SH(12) MatchinggranttoAPEWFequivalenttointerestearnedon
CorpusFund
310 Grants-in-Aid
312 OtherGrants-in-Aid;
B) BudgetEstimates Rs.1,50,00,000-00
2017-18
C) AmountSanctioned NIL
Andreleasedsofar
D) Amountnowsanctioned Rs.1,50,00,000-00
E) Balance NIL
//FORWARDED::BYORDER/

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