New Delhi, March 21 -- In a good news ahead of the colours of festivals, Holi, the central government has approved a five-fold increase in one-time incentive given to its employees who acquire higher degrees while serving in their departments.

The Personnel Ministry has amended a 20 years old rule in this regard to increase the amount of incentives provided for the employees, PTI reported. A statement in this regard was issued on Monday. The amount of incentive will be hiked from a minimum of Rs 10,000 to a maximum of Rs 30,000 for acquiring higher qualifications like Ph.D.

Now, the increase in the amount will be a minimum of Rs 10,000 to a maximum of Rs 30,000, the Personnel Ministry order stated.

As per the order, Rs 15,000 will be giv...