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Contentment and all around development of employees at all levels is of paramount importance to the Corporation. Besides, multi-dimensional human resource development initiatives on an ongoing basis, Corporation has over the years introduced employees welfare measures in a graduated manner. Currently the list stands as under :
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1. Group Medical Insurance Scheme
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In-service / retired employees of the Corporation are covered under a Group Medical Insurance Policy and are eligible for indoor medical treatment both on cashless and reimbursement basis in any of the Hospitals listed by the Insurance Company .
Besides a Corporate Corpus and Floater to the tune of 25% of the sum insured amount are also available in order to cover contingentcy of the family having exhausted its sum insured limit.
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2. Group Insurance Scheme
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Employees in the regular establishment of the Corporation are covered under a Group Insurance Scheme in all categories amount of cover varies between Rs. 25,000/- to Rs. 1,00,000/- depending upon their category.
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3. Interest subsidy on House Building Loan
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Regular employees of the Corporation are Provided interest subsidy on house building Loan obtained from approved lending agencies. The difference between the rate of interest charged by the lending agencies and the rate of interest charged by the Central Government on house building advance from its employees is reimbursable subject to a maximum of 6%.
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4. Housing Subsidy
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Employees of the Corporation on transfer from one place to another are intitled to housing subsidy at the new place of posting in addition to HRA admissible at the station where the family is kept.
The Corporation also facilitates the employees for hiring their own accommodation at the new place of posting by allowing them interest free advance recoverable in twelve monthly installments.
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5. Company Leased Accommodation
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Employees at the level of General Manager and above are entitled to Company leased accommodation.
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6. Transport Allowance to Physically Handicapped employees
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Transport Allowance is payable to physically handicapped employees at double the rate at which it is payable to other employees of the Corporation.
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7. Children Education Allowance:
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Employees of the Corporation are entitled to Children Education Allowance subject to fulfillment of certain conditions in respect of children studying upto 12th class. Employees posted to North Eastern Region are allowed most of the Special Benefits as applicable to Central Government employees.
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8. Leave Travel Concession:
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Corporation has its own rules for granting Leave Travel Concession to its employees. Each employee is entitled to avail home town LTC every two years. Against one of the Home Town LTC, employee can avail All India LTC in a block of four years. Special concession to travel by air by any airline has been given in case of travel from one place to another provided the destination is linked by Rajdhani /Shatabadi Express trains. The expenditure is, however, restricted to the train fare applicable in the case of Rajdhani / Shatabadi Express trains.
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9. Leave Encashment:
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Employees of the Corporation are entitled to encashment of leave to the extent of 50% as on 1st July of every year subject to availability and proceeding on leave for the matching period.
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10. Benevolent Fund:
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In the event of demise of an employee in harness, there is provision for extending finanacial assistance to the kith and kin / legal heirs of the deceased employee from the Benevolent Fund. For this purpose the Corporation contributes a sum of Rs.50,000/- per employee and the balance is generated out of contribution from the employees of the Corporation.
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11. Corporate Wear / Uniform /shoes:
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An employees are provided summer / winter liveries as per the prescribed scales.
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12. Interest free advance:
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Eligible employees of the Corporation are entitled to Fan, Cycle, Festival and Scooter advance as per guidelines / rate of interest applicable to the Central Govt. employees.
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13. Computer Advance:
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Employees of the Corporation are entitled to interest free advance recoverable in 24 installments.
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14. Tea Allowance:
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Regular employees of the Corporation are disburesed a monthly tea allowance.
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15. Refreshment charges for attending office beyond office hours / holidays:
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The refreshment charges is being paid to the employees in HO & ZO for working on holidays / for sitting late after office hours.
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