The Interest rates for Deposits is again lowered by 0.1% from 1st July 17

ஜூலை முதல் வட்டி விகிதம் மீண்டும் 0.1% குறைப்பு

Saturday, 6 February 2016

Friday, 5 February 2016

Latest on Pension 33 years or 20 years - Information on Implementation order in M.O. Inasu case

Latest on Pension 33 years or 20 years - Information on Implementation order in M.O. Inasu case

No. 38/7/2015 - P & PW (A)
Government of India
Ministry of Personnel, PG & Pension
Department of Pension & Pensioners' Welfare
3rd Floor, Lok Nayak Bhavan
Khan Market, New Delhi
Dated the 22nd January, 2016


Shri.                               .

Sub: Information under RTI Act, 2005


I am to refer to your online RTI application Reg No. DP&PW/R/2016/50029 dated 12.1.2016.
2. In regard to information sought by you, it is informed that the relevant file has been sent to Ministry of Law (Department of Legal Affairs). However, a copy of your RTI application is being forwarded to CPIO, CBEC for providing a copy of order regarding implementation of court order in the case of M.O. Inasu. It may be however mentioned that no general order has been issued in respect of all pre-2006 pensioners, as already informed.     

3. --------------------------

4. If you are not satisfied---------------------
 S K Makkar 22/1/16

CPIO/Under Secretary to the Government of India
Copy to: CPIO, Central Board of Excise & Customs (Adm IV), Ministry of Finance, 5th Floor, HUDCO Vishala, Bhikaji Cama Place, New Delhi for providing a copy of order regarding implementation of court order in the case of M. O.Inasu to Shri                 . 

Deferred implementation 7th CPC award to Central government employees and pensioners.

It is possible to contemplate implementing the basic pay plus DA [dearness allowance] merger in the current year.

National Institute of Public Finance and Policy Director and Member of the Seventh Pay Commission Rathin Roy spoke to The Hindu on his proposal of deferred implementation of its award to Central government employees and pensioners. Edited Excerpts:
Should there be a further pause on fiscal consolidation?
Absolutely not. For three reasons: First the FRBM [Fiscal Responsibility and Budget Management] target has been relaxed far too many times in India’s recent history. . Second, the ostensible reason for reducing the FRBM target, mainly to increase public investment, does not hold. Over 70% of the fiscal deficit is devoted to borrowing for consumption in the form of the revenue deficit. If you want to raise investment, you should do so by borrowing less to consume Three, even if the government wants to implement the [Seventh] Pay Commission award and modestly increase public investment, there is a pathway to do so, which I can see and so presumably can the Ministry of Finance.
What is this pathway for implementing the Seventh Pay Commission award to Central government employees and pensioners?
The Pay Commission award would result in a net impact on the Government of India Budget of approximately 0.5 % of GDP because the nominal GDP is lower this year than I calculated in the Pay Commission report. It is possible to contemplate implementing the basic pay plus DA [dearness allowance] merger in the current year and deferring implementing any real increases in pay and pensions to the future. This could be done by compensating those who would have to bear the burden of the deference by giving them a more generous award distributed over several years. I think what they should get, from April 1, 2016, is what they would get if we merge the basic pay and the DA, which is more or less what they are already getting. That will mean some increase in allowances but other than House Rent Allowance [HRA] the burden of that [on the government budget] will not be very high. The second thing we can do is defer allowances, principally the HRA. The case for that is strong because we are in the midst of fairly flat growth in consumption expenditure and rents are not going up much. The third thing we could do is to contemplate raising the service tax. Of course, the revenue generated will have to be shared with the States but when the GST [Goods & Services tax] comes in, the service tax rate will any way be approximately be 18%. Today it is 14%. So, a 2 percentage point increase in service tax is also a feasible option.
Could you explain your Pay Commission award implementation pathway proposal with an example?
My salary is Rs. 80,000 per month (basic) and with DA it comes to approximately Rs. 1,70,000. With the implementation of the Pay Commission award, that would go up to Rs. 2,30,000 a month. I am saying that the increment of Rs. 60,000 a month need not all be given at one go. It can be staggered and made more generous. So this could be done for pay and for pension. Now I am not competent to say whether this is politically feasible or not. But certainly it is an option.
Now on increasing public investment…
If you want to increase public investment, one option is to borrow less to consume, to reduce the revenue deficit. A 0.2% point reduction in the revenue deficit, say by reducing subsidies, can transfer to a 0.2 % point increase in public investment. That improves the quality of the fiscal deficit. If you cannot reduce the revenue deficit, you can reshuffle the portfolio of public sector assets. You can sell public assets that currently exist on the government books to the value of 0.2% of GDP. Here, you are selling public assets to create fresh public assets.
You are advocating disinvestment, which the government has not shown much political appetite for especially strategic sales and privatisation…
I can think of several reasonably profitable public enterprises which perform no public functions. Have you ever heard of a company called Balmer Lawrie? It’s a government travel agency. I would urge that the government identify assets like this which have no perceptible impact on either public welfare or on the ability of the government to steer the economy in the direction it wants and sell them.
Other options?
Given both the debt and fiscal deficit numbers of the States and Centre taken as a whole are healthy then it just might well be worth considering allowing States to increase public investment rather than the Centre. We could think of relaxing the states FRBM targets which can then increase public investment because the States together are not borrowing to consume [unlike the Centre]. The States together are running either a zero or very small revenue deficits. Allowing them to increase their fiscal deficits for the purpose of public investment will be far more virtuous in terms of the quality of the fiscal deficit than allowing the Centre to do it with its high level of revenue deficit. The point is that the agency to do it consistently with the minimum loss of the quality of fiscal rectitude today happens to be the states, not all, but taken collectively.
Growth depends on the combination of fiscal and monetary policy. The Reserve Bank’s Governor doesn’t appear open to reviewing the inflation target…
Setting the inflation target is not a technical exercise anywhere in the world. What the inflation target should be is not a call of the Governor, though his opinion is very important, it is ultimately the call of the government of the day and therefore of the Prime Minister and the Minister of Finance. We have an inflation target of 4%-5% and it is delivering to us a repo rate which is translating to an average lending rate of 11-12% whereas the nominal GDP growth is 7.75%. Think of the economy as a business. You are asking me to borrow money at 12% and the return I get from that borrowing is 7.75%. It doesn’t make good business sense. So something has to give. Either we reduce the cost of capital or we raise the nominal growth rate. The real rate of growth is only 50 basis points lower than forecast by the government But the nominal rate of growth has collapsed from around 13% just ten months ago to around 7.5%.
Are you saying that the inflation target for the RBI needs to be revised upwards? Or does it need to be redefined?
If you brought the GDP deflator in line with exactly what the consumer price index [CPI] is then we would be home dry because if real growth is 7.5% and the CPI is 4.5% then the nominal growth rate will be 12%.
So you are saying review not the inflation target but the GDP deflator?
The deflator needs to be re-evaluated. If you are not willing to do that then your inflation target needs to be re-examined.
Is an inheritance-based wealth tax an option?
As Gandhiji said of western civilisation, it would be a very good idea.

The Parliamentary Standing Committee on IT has sought a report from India Post on Payment Bank

                The Parliamentary Standing Committee on IT has sought a report from India Post with regard to the progress made by the department for starting payments bank, setting up of ATMs and real estate management.                      The committee, headed by BJP MP Anurag Thakur, is scheduled to discuss all issues in this regard during its meeting tomorrow, an official source said. The pilot for payments bank is set to start from January 2017 while full-fledged operations may start by March 2017. As many as 40 international financial conglomerates, including World Bank and Barclays, have shown interest to partner with Postal Department for the payments bank. The Reserve Bank of India has granted payments bank permit to the postal department, which has 1.55 lakh branches across country and already provides financial services. The Public Investment Board (PIB) is soon likely to approve the Rs 800-crore proposal from Postal Department for setting up payments bank. As part of the modernisation project, the postal department also plans to open 1000 ATMs by March this year. 


Thursday, 4 February 2016

Letter by Chairman GDS Committee for submission of Memorandum.

NFIR (INTUC) Lr on Payment of PL Bonus for the year 2014-15 - reg

                                                 National Federation of Indian Railwaymen
                                          3, CHELMSFORD ROAD, NEW DELHI – 110 055 
                              Affiliated To  Indian National Trade Union Congress (INTUC) 
                                             International Transport Workers’ Federation (ITF)

No. 1/10/Part IV                                                                                                   Dated: 02/02/2016

The Chairman,
Railway Board,
New Delhi

Dear Sir,

Sub: Amendment to the Payment of Bonus Act — Revision of calculation of wages from Rs. 3500/- p.m. to Rs. 7000/- p.m. w.e.f. 01/04/2014 — Payment of P.L. Bonus to Railway employees at revised rate of Rs. 7000/- p.m. for the year 2014-15-reg.

Ref: GS/NFIR’s letters no. I/10/Pt. IV dated 24/12/2015 & 04/01/2016 addressed to Hon’ble MR, copy endorsed to CRB and Board Members.

Pursuant to the passage of the amendment to Bonus Act bill by the Parliament and consequent issuance of the Gazette Notification on January 1, 2016 by the Ministry of Law and Justice (legislative Department), NFIR vide its communications dated 24/12/2015 & 04/01/2016 (cited under reference) requested the Hon’ble MR to kindly order for processing for payment of P.L. Bonus to the railway employees at the revised wages of Rs. 7000/- p.m. for the year 2014-15.

In this connection, Federation again requests the Railway Ministry to take into consideration of Government’s decision in October, 2008, and consequential instructions issued by the Railway Board vide letter No. E(P&A)II-2008/PLB-10 dated 03/10/2008 for payment of P.L. Bonus at the revised salary calculation of Rs. 3500/- p.m. w.e.f. 1st April 2006.

NFIR, therefore, requests to kindly arrange to take necessary action for arranging P.L. Bonus arrears to the employees on the basis of salary calculation at Rs. 7000/- p.m., for the year 2014-15.

Yours faithfully
(Dr. M. Raghavaiah)
General Secretary

Source : NFIR

1.15 Crore Subscribers for National Pension System (NPS) as on 23.1.2016

Press Information Bureau 
Government of India
Ministry of Finance
02-February-2016 16:35 IST
1.15 Crore Subscribers for National Pension System (NPS) as on 23.1.2016

National Pension System (NPS) had 11,459,555 subscribers with a total corpus of Rs. 90, 327 crore as on 23rd January, 2016. The total Assets under Management are worth Rs. 109,140 crore while Assets under Management per subscriber is Rs. 95,000 on an average. 

The number of NPS Subscribers of the Central Government are 1611,020 with a total corpus of Rs. 34,754 crore while subscribers from the different State Governments are 2,859,094 with a total corpus of Rs. 45,486 crore. The number of NPS subscribers in the Corporate Sector are 448,509 while in Unorganized Sector is 128,484, the total being 576,993. The number of subscribers under NPS Lite include 4,463,637 and under Atal Pension Yojana (APY) 1,948,811, with a total number of subscribers 6,412,448 in these two categories. 

NPS subscribers of Central Government are 14.1% of the total subscribers while that of the State Governments are 24.9%. The NPS subscribers under NPS Lite constitute 39% while under APY 17% of the total subscribers. 

Since PFRDA has completed two years of its statutory status on 1st February, 2016, to mark this occasion, PFRDA in collaboration with all its intermediaries in the National Pension System including Central and State Governments’ Nodal Offices, POPs, Aggregators, Central Recordkeeping Agency and NPS Trust etc. is observing NPS Service Week from 1st to 6th February, 2016. This week-long campaign is being dedicated to service-orientation towards the subscribers and aimed at awareness building and improved information dissemination. During this Service Week, besides sharing of information on the range of functionalities and services now available under the NPS, the subscriber community will be apprised about the need for constant updation of data/information to enable the system to operate at its optimum service level, so that the intended benefits can reach all the employees/subscribers under NPS. Besides, the subscribers will also be able to make best use of all the opportunities and facilities. 

The Pension Fund Regulatory and Development Authority (PFRDA) is organizing the 2nd Pension Conclave in national Capital on 4th February 2016 with the theme, “Towards Universal Pension: Coverage, Adequacy and Sustainability” in which all the stake holders are expected to participate and share their experiences. PFRDA proposes to use this occasion to acknowledge/award the best performing banks and Post Offices in mobilization and registration of subscribers under the Atal Pension Yojana (APY) up to 31st December 2015, and institute awards for best performing POPs under the Voluntary segment of the National Pension System. 

Earlier, PFRDA launched NPS Awareness Programme for State autonomous bodies, Unorganized Sector, Corporate Sector and other categories in order to highlight the benefits of joining NPS and has requested the various State Governments to implement NPS more inclusively among the State Autonomous Bodies, Boards, Corporations, Societies, Universities and State aided institutions under various State Government departments. During the awareness programme, key features and benefits of NPS, details and process of joining NPS, details about NPS architecture investment and exit guidelines of NPS are highlighted. 


Wednesday, 3 February 2016

Secretary General's letter on LSG Postings

Our Secretary General's Letter to the Chief PMG, T.N. Circle, Chenai 600 002 regarding LSG Promotions

Click here to view the Letter

Meeting of Circle Relaxation Committee

Meeting of Circle Relaxation Committee (CRC) - periodicity to hold the meetings  

India Post Customer Care Phone Numbers and Contacts

India Post Customer Care Phone Numbers and Contacts

Ministry of Communications & Information Technology
Meghdoot Bhawan, Link RoadNew DelhiNew Delhi DistrictDelhiIndia - 110001

Customer Care Phone Numbers and Contacts
1800 112 011        
+91 77 1223 3400 
+91 61 2222 5051 
+91 12 0232 1176 
+91 61 2222 5011
+91 77 1223 3194

Report On Pay Commission Recommendations to be submitted by June

New Delhi: The Empowered Committee of Secretaries, headed by Cabinet Secretary P K Sinha on the Seventh Pay Commission’s recommendations is expected to submit its report by June, official sources said.
The Seventh Pay Commission took 21 months to finalize the report and now the secretaries committee will take the next four to five months to review it.
The Empowered Committee of Secretaries, who will screen the Seventh Pay Commission’s recommendations to send their review to increase in basic pay for all government employees in the region of 18-20% instead of 16%, which was recommended by the Pay Commission.
Finance Ministry officials said the lower grade salaries might see a slight increase due to the commission’s recommendations in this segment is the lowest in 70 years.
“If the increase was high, it would cast a huge impact on the budget outlay. So, the increase should be little,” said an official.
There  will be no change made in highest salary while the lowest salary will be Rs 20,000 instead of the proposed Rs 18,000, said an official.
The Pay Commission also recommended for abolition of allowances and advances like risk allowance, small family allowance, festival advance, motor cycle advance.
The advantages and disadvantages of the matter will also be discussed in the review meeting.
The first meeting of Empowered Committee of Secretaries to review the commission’s report is scheduled tomorrow.(2.2.2016).
“After the first meeting, the Empowered Committee will seek suggestions from all the stakeholders for drafting of their report on the Seventh Pay Commission recommendations to address the concerns of central government employees in an effective manner,” the official said.
Accordingly, there is a high possibility that a number of points made in the report may be amended or struck off by the empowered committee for convincing every section of central government employees.
So, the Empowered Committee will need more time to convince every stakeholder before its final nod.

Renovation of 85-year-old post office begins

The Department of Posts has begun renovation of an 85-year-old post office at Vellayil, a colony of about 10,000 people located between Kozhikode and West Hill railway stations. The renovation has been a long-pending demand, which was stepped up recently after it was found that the ceiling and other structures were unsafe for the employees and customers.
When this was brought to the notice of the Department, its authorities said that if the residents had a genuine appeal for improvement, it would be done. The residents, however, say that renovation is only one issue. The other is the status of the post office, and more facilities.
The residents have welcomed the renovation work, recalling how their campaign helped in re-opening it after it was closed for three years on the grounds of poor condition. They have demanded construction of a modern building with more parking facility.
Source: The Hindu

Monday, 1 February 2016

நெல்லையில் நிழல் Postmaster அடாவடி.

நெல்லையில்  நிழல் Postmaster ஆக பணியாற்றுவது யார் ?
நெல்லை தலைமை அலுவலகத்தில் யார் எந்த பிரிவில் பணியாற்ற வேண்டும் ? 
யார் Deputation செல்ல வேண்டும் என நிர்ணயிப்பது ? உட்பட அனைத்திலும் தனது  கொட்டத்தை காட்டும் APM (தகுதியான உரிய நபர்களுக்கு APM சீட்டை மறுத்துவிட்டு, கிடைத்த இடத்தை பிடித்து கொண்டு ஆட்டம்போடும் திருவாளர் ) தனது அதிகார கொட்டத்தை இத்துடன் நிறுத்திக்கொள்ள வேண்டுகிறோம் இல்லையேல் தேசிய சங்கம் போராட்ட  களத்தில் குதிக்கும் என எச்சரிக்கிறோம் 

சரவணகுமார்                                                                                  சூரியகலா
கோட்ட செயலாளர்  GDS                                                            கோட்ட செயலாளர் P3

முக்கூடல் முறைகேடு எனில் நிருபிக்க தயாரா ?
இல்லையெனில்  மன்னிப்பு கேட்பாரா  புள்ளிராஜா ?
தேசிய சங்க சட்ட திட்ட விதிகளுக்கு உட்பட்டு ஜனநாயக முறைப்படி தேர்ந்தெடுக்கபட்டு அதை இலாகாவும் அங்கீகரித்துள்ளதை கூட தெரியாமல் "பின்பக்கம்" என கூச்சலிடும் இவர்களுக்கு சொல்லி பயன் இல்லை. 
ஊரும்  உலகும்   அறிய  பின்பக்கம்  (Back  door Entry ) வழியே வந்தவர்கள் இன்று அதிகார மமதை ஏறிய உடன்  மற்றவர்களை பின்பக்கம் என கூறுவது தான் விந்தை !

தினமும் 1100 மணிக்கு அலுவலகம் வரும் திருநெல்வேலி  திருவாளர் APM  பாதி நேரம் தனது இருக்கையில் கூட இருப்பதில்லை. இவர்கள் நம் மீது புழுதி வாரி இறைக்க முயலுவதுதான் வேதனை. 

 MACP II   PA கள் Deputation  போக முடியாது  என்று  பேசுவது, 
ஏன் Juniors PA கள் தான் Deputation  போகவேண்டும் என்று கூறுவது எந்த அடிப்படையில் ? 

சில புள்ளிகளின் (வானாமுனா , அனாமுனா  மற்றும்  முனாமானா  ஆகிய மூன்று மு னாக்களின் ) பேச்சை கேட்டு புள்ளி வைக்க முயலும் புள்ளிராஜாவே ......
திருநெல்வேலி டவுன்  SO என்பது City Limit என்பதை கூட தெரியாது  பாளையங்கோட்டை immunity கேட்டு போராடியது  நினைவு இல்லையா ? 
இது தான்  Selective அம்நீசியாவா ? 

99 சதம் எண்ணிக்கை வெற்றியை தராது. 
பாரதபோரில் இறுதி வெற்றி உம் போன்ற துரியோதன சகோதரர்களுக்கு இல்லை. பாண்டவர்களுக்கே என்பதை நினைவில் கொள்க. 

உம்மிடம் உள்ளது 1, 1/2, 1/4 களுக்காக கூடும் கூட்டம். 
எம்மிடம் அப்படி இல்லை.
தினம் ஒருவரை அசைக்க நினைக்காதே

நமது போராட்டம் நமக்காக இல்லை 
மாற்று சங்க உ றுப்பினர்களுக்காகவும் தான் என்பதை விரைவில் அனைவரும் உணருவர். 

7 CPC Fitment Formula வில் மாற்றம் இல்லை. 125% ஆக தொடர்கிறது DA உயர்வு

125% DA from Jan 2016 for 7th CPC Fitment Factor is confirmed: AICPIN Dec, 2015 released 125% Dearness Allowance from January 2016 is confirmed now after releasing of December, 2015 AICPIN, which was already speculated by Seventh Pay Commission and was taken as fitment factor for determination of new pay matrix.
As per Labour Bureau  Press Release the All-India CPI-IW for December, 2015 decreased by 1 point and pegged at 269 (two hundred and sixty nine).  From this decrease the Expected Dearness Allowance from Jan, 2016 is confirm to stand at 125%.  The Dearness Allowance from Jan, 2016 is important factor of pay determination in 7th CPC, which is due to implement with effect from 01.01.2016.  The recommendations of 7th CPC has taken the expected DA @ 125% for the purpose of minimum pay determination and the fitment factor for new pay structure. Now the speculation of this DA by 7th CPC is correct and only minimum wages will be the main factor to increase the Fitment Factor from 2.57, which is main demand of employees. The line of recommendations of 7th CPC regarding Fitment Factor are given below:-


5.1.27 The starting point for the first level of the matrix has been set at Rs.18,000. This corresponds to the starting pay of Rs. 7,000, which is the beginning of PB-1 viz., Rs.5,200 + GP 1800, which prevailed on 01.01.2006, the date of implementation of the VI CPC recommendations. Hence the starting point now proposed is 2.57 times of what was prevailing on 01.01.2006. This fitment factor of 2.57 is being proposed to be applied uniformly for all employees. It includes a factor of 2.25 on account of DA neutralisation, assuming that the rate of Dearness Allowance would be 125 percent at the time of implementation of the new pay. Accordingly, the actual raise/fitment being recommended is 14.29 percent.

Recommendation of 7th CPC - Comments sought from Staff side on Gazetted, RH and May Day etc.,



Promotion process to the cadre of Postmaster Gr - III (2016 - 17)

          வருகிற ஏப்ரல் மாதம் Postmaster Gr  II ல் 5 ஆண்டுகள் முடித்து  உரிய  POSTMASTER  GRADE  III பதவி உயர்வு பெற்றிட தகுதியான 16 பேருக்கு அனைத்துக் கோட்டங்களில் இருந்தும் கோப்புகள் கோரப்பட்டுள்ளன.

               இதுபோல வருகிற  ஆகஸ்டு மாதம்  பணி தகுதி பெரும் ஏனைய  15 பேர்களுக்கும்  இணைத்து POSTMASTER  GRADE  IIIல் காலியாக உள்ள 39 காலிபணியிடங்களில்  நிரப்பிட மாநில நிர்வாகம் முயற்சி எடுக்க வேண்டும் என்பதே நமது கோரிக்கை.

Implementation of 7th CPC: 1st meeting of Nodal officers will be held on 02 nd Feb 2016

Ministry of Finance
F. No.1-1/2016- IC
Government of India
Department of Expenditure
New Delhi, 29.1.2016
Meeting Notice

Subject: Meeting of Nodal officers of various Departments implementation of the recommendations of the 7th CPC- Issues on way ahead.

In order to process the recommendations of the 7th Central Pay Commission, the Cabinet has approved setting up of an Empowered Committee of Secretaries chaired by the Cabinet Secretary. Accordingly, the ECOS has been set up as per this Ministry's OM No. 1-4/2015/EIII-A dt. 27.1.2016 (copy placed on the website of this Ministry, viz,

2. As provided in the said OM dt. 271.2016, the Implementation Cell created in this Ministry shall work as the Secretariat for the ECOS.

3. This Ministry has already requested all the Ministries/Departments vide DO letter No. 1-4/2015/EIII.A dt. 21.11.2015 from JS(Pers) addressed to all the Secretaries to nominate a nodal officer at the level of a Joint Secretary to interact with the Implementation Cell during the curse of processing of the recommendations of the 7th CPC.

4. Accordingly, Joint Secretary (Implementation Cell) shall take a meeting of all the Nodal Officers of the Ministries/Departments on 2.2.2016 at 11.00 a.m. in Conference Hall (R. No. 72), North Block, New Delhi to discuss the relevant issues in connection with the processing of the recommendations of the 7th CPC and to concretise the points of action pertaining to all the Ministries/Departments in general and also in regard to specific issues concerning individual Ministries/ Departments with a view to enabling an effective, holistic and quicker processing of the recommendations of the 7th CPC and for submission of the matter before the ECOS.

5. As this is the first meeting of the Nodal Officers to formulate the action points on the way ahead on processing of the recommendations of the 7th CPC, it is requested that the concerned nodal officers may kindly make it convenient to attend the meeting.

(Amar Nath Singh)
Deputy Secretary to the Government of India
All the nodal officers of Ministries/ Departments, as per list attached.

February to be observed as ‘Sukanya Samriddhi’ month

The Department of Posts will observe February as “Selvamagal Semippu Thittam month” and a campaign for opening of Sukanya Samriddhi accounts will be conducted in all the 11 postal divisions in the central region.

About 2.9 lakh accounts have been opened in the post offices in Central Region so far under the scheme. There are more than 3,500 post offices in the central region.

Special counters would be set up in all 24 head post offices at Chidamabram, Cuddalore, Karur, Kulittalai, Kumbakonam, Melakaveri, Mayiladuturai, Sirkali, Nagapattinam, Tiruvarur, Pattukkottai, Tiruthuraipundi, Pudukkottai, Perambalur, Srirangam, Thuraiyur, Mannargudi, Papanasam, Thanjavur, Lalgudi, Tiruchi, Kallakurichi, Tirukoyilur, and Vriddhachalam.

Institutions such as schools, banks, and government offices can open accounts in bulk and contact the respective Postal Division or call 9443847055 to get the accounts opened on their premises itself.
Under the scheme, accounts can be opened in the name of girls aged below 10 by crediting a minimum amount of Rs. 1,000. Subsequent deposits can be made in multiples of Rs. 100 and a minimum of Rs. 1,000 has to be deposited in the account every financial year.

The maximum amount for a financial year is Rs. 1,50,000, a Postal Department release said.

The interest rate which was 9.1 per cent for 2014-15 has been enhanced to 9.2 per cent for 2015-16, the release added.

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