Shillong, Aug 25: The Meghalaya government has launched Early Salary Advance (ESA) Scheme for regular employees.
The scheme was launched on August 19 by Finance Commissioner & Secretary Vijay Kumar D, in presence of senior Finance and NIC officials.
Under ESA, employees can instantly access portion of salary before payday to meet urgent needs. InstaPe has been empanelled as service provider in partnership with Suryoday Small Finance Bank as lending institution.
Directorate of Accounts & Treasuries under Finance Department will be implementation authority.
An officials statement said the initiative aims to make Meghalaya progressive, inclusive and future-ready, extending to government workforce — teachers, health workers, administrative staff and field officers.
It said the launch shows commitment to leveraging technology and responsible financial services to improve financial resilience and well-being, providing quick, transparent access to short-term advances.
InstaPe founder Atul Gupta said company was honoured to be empanelled and will deliver best-in-class services contributing to financial inclusion and wellness.
