The Department of Cooperatives has ordered that the festival advance to the employees of the central and state cooperative banks to be increased to Rs. 20000. The registrar of the cooperative associations has written a letter to all the regional joint registrars.
Presently, the employees of the central cooperative banks are paid a festival advance of Rs. 12000. The employees of urban cooperative banks in major cities are paid a festival advance of Rs. 10000.The employees of the primary agricultural loan association; a festival advance of Rs. 6000 is given.
Now, as per the revised order, the employees of the urban cooperative banks in the cities will be paid a festival advance of Rs. 20000. The employees of the primary cooperative associations will be paid a festival advance of Rs. 15000.