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Financial Assistance
 
FINANCIAL ASSISTANCE
 
 

1.FINANCIAL ASSISTANCE TO HANDICAPPED/MENTALLY RETARDED CHILDREN OF EMPLOYEES FOR TRANSPORT/HOSTEL SUBSIDY.

Handicapped/mentally retarded children of the employees studying in recognized schools are granted financial assistance as transport charges as follows:
(i) Rs.150/- per month per child in ‘A’ and ‘B’ cities.
(ii) Rs.100/- per month per child in other cities and areas.
In case the handicapped/mentally retarded child is in a hostel, the transport charge mentioned above is given as hostel subsidy.
The transport charges/hostel subsidy will also be available at the same rate to handicapped/mentally retarded children studying in recognized colleges. BSNL employees drawing basic pay up to Rs.17,600/- (IDA) are eligible to apply for transport charges/hostel subsidy for their handicapped/mentally retarded children not exceeding two at a time.

2. FINANCIAL ASSISTANCE IN CASE OF DEATH

In case of death of an employee while in service, irrespective of the fact whether he/she is a regular employee, a temporary status mazdoor or a daily wager,financial assistance if Rs.10,000/- is granted to the dependents of the deceased employee as immediate relief. This assistance is given if the basic pay of the deceased official does not exceed Rs.17,600-(IDA) per month.

If the financial position of the family of the deceased official is bad and no other member in the family is employed nor any member of the family is eligible for compassionate appointment, a sewing machine costing not more than Rs.1000/- will be purchased and presented to the widow or dependent daughter. The office may also get satisfied that the widow or dependent daughter becomes proficient to use the machine.

3.FINANCIAL ASSISTANCE IN CASE OF DEATH DUE TO ATTACK BY ROBBERS, TERRORISTS, RIOTS ETC.

Financial assistance from welfare fund is given to the bereaved families of the employees in the following cases of death of an employee:
(i) Death due to attack by robbers, terrorists, riots, etc. while on duty. - Rs.10,000/-
(ii) Death due to attack by robbers terrorists, riots, etc. while not on duty. - Rs. 5,000/-
The financial assistance indicated above will be in addition to the immediate relief of Rs.10,000/- and lump sum compensation, whether applicable as provided under the Company’s orders.

4. FINANCIAL ASSISTANCE IN CASES OF SERIOUS ILLNESS OR MAJOR OPEATIONS.

If an employee or any dependent member of his family is suffering from a serious disease like heart ailment, kidney failure, cancer, etc., or undergoing any major operation, financial assistance up to a maximum of Rs.25,000/- is granted from the welfare fund.The Heads of Circles are competent to sanction up to Rs.15,000/- to the employees in such cases. For grant of financial assistance over and above Rs.15,000/- full facts of the case is required to be sent to the Welfare & Sports Section of BSNL (HQ) along with the recommendation of the CGM concerned.Employees drawing basic pay up to Rs.17600/-( IDA) are eligible for grant of financial assistance in such cases.

5. FINANCIAL ASSISTANCE TO EMPLOYEES ON LEAVE DUE TO PROLONGED ILLNESS.

Employees who are suffering from prolonged illness on account of any serious disease and remain on leave without pay or on half pay, are granted financial assistance as indicated below:
(i) Rs.1000/- per month or 1/3 of the basic pay plus DA whichever is less if the employee is on half pay leave.
(ii) Rs.2000/- per month or ˝ of the basic pay plus DA whichever is less if the employee is on leave without pay.
(iii) The assistance should be given only after the prolonged illness has been certified by the hospital or by the Authorised Medical Attendant concerned and the medical certificate to that effect has been submitted and accepted by the competent authority.
(iv) The basic pay of the employee should not exceed .(Rs.17600/- IDA) per month.

6.FINANCIAL ASSISTANCE TO VICTIMS OF NATURAL CALAMITIES / COMMUNAL RIOTS/TERRORISTS ATTACKS.

Employees affected by natural calamities like flood, cyclone, earthquake etc. or by communal riots or terrorists attack may be granted financial assistance up to maximum of Rs.3000/- subject to the following conditions.
(a) Assistance is admissible to employees drawing basic pay up to (Rs.17600/- IDA)
(b) Assistance is admissible only if the employee has suffered loss of moveable/immoveable property and the extent of loss of immoveable property has been certified by the Village Officer/Tehsildar in whose jurisdiction the property is situated.
( c) The area in which the property is located has been declared as “affected area” by the State Government concerned.

 
       
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