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

ஜூலை முதல் வட்டி விகிதம் மீண்டும் 0.1% குறைப்பு

Monday, 1 December 2014

சமூக நீதி படும் பாடு ?

Representation of OBC,SC,ST in Higher Officers

The representation of SC & ST officers in the higher echelon of bureaucracy has been indicated in the table below. As far as OBC officers are concerned, the reservation for officers belonging to OBC started w.e.f 1994. The officers who qualified under OBC reservation system are yet to gain the requisite seniority for appointment as Additional Secretary, Special Secretary and Secretary. The appointment of officers depends on their empanelment to hold the post at the relevant level and willingness to come on Central deputation.
The number of Secretary, Special Secretary, Additional Secretary and Joint Secretary in various Ministries/Departments under the Central Staffing Scheme, as per available records, are as under:
Level
Total
SC
ST


Number
%age
Number
%age
Secretary
72
4
5.55
2
2.78
Special Secretary
19
1
5.26
1
5.26
Additional Secretary
60
1
1.67
2
3.33
Joint Secretary
280
22
7.86
7
2.50
The posts of Secretary of Scientific Departments, Ministry of External Affairs, Department of Legal Affairs and Legislative Department under the Central Government are not under the Central Staffing Scheme.
To fill up the post of Secretary, Additional Secretary and Joint Secretary in Ministries/ Departments of Government of India under the Central Staffing Scheme (CSS), the officers of various services participating under the CSS are considered for empanelment to hold these posts. These posts are not cadre posts of any service. Out of the empanelled officers, those who give their option for deputation are considered for appointment under the CSS. There is no provision for reservation of SCs/STs in the posts under the CSS. However, at the time of empanelment every effort is made to empanel officers belonging to SC/ST categories, if necessary, by adopting liberal benchmark as compared to officers of General category.
Since these post under CSS are not cadre posts of any service, the question of promotion to the rank of Additional Secretary/Joint Secretary under the CSS does not arise. The promotion to such officers are given in the Cadre.
This was stated by Minister of State for Personnel, Public Grievances and Pensions Dr. Jitendra Singh in a written reply to Shri Hukumdev Narayan Yadav and Shri Ramsinh Rathwa in the Lok Sabha today

Tuesday, 25 November 2014

March to Parliament - 4th Dec 2014

அன்பு தேசிய நெஞ்சகளே

நீண்ட நாட்களாக தீர்க்கப்படாத நமது கோரிக்கைகளை வென்றெடுக்க
பாராளுமன்றம் நோக்கிய பேரணியில் பங்கேற்க நமது தமிழ்மாநிலத்தில் இருந்து இடைக்கால குழுவின் தலைவர் 
திரு திருஞான சம்பந்தம் அவர்கள் தலைமையில்  நூற்றுக்கனக்கானோர் டெல்லி செல்கின்றனர்.  அவர்களின் முதல் அணி வருகிற 29ம் தேதியும் மற்றவர்கள் அதனை தொடர்ந்தும் செல்கின்றனர்.
அவர்களுக்கு நெல்லை கோட்ட சங்கத்தின் வீர வாழ்த்துக்கள் உரித்தகட்டும்.

March to Parliament” on 4th December 2014
Information to participants which is sent to ALL affiliated unions General secretaries and Circle secretaries on 17/11/2014
Dear Colleagues,
You are aware that the Postal JCA has decided to go ahead with the programme which we planned earlier. The Department of Posts does not respect our sentiments. Every demand which we raised in the charter of Demands is either rejected or delayed indefinitely by the Department. Taking into consideration of the present condition, the Postal JCA has decided to go ahead with our original programme, “March to Parliament” on 4th December 2014.
The following places/locations have been arranged for staying purpose for participants in the programme.
1.      Sanatan Dharam Sabha
Shiv Mandir
2283, Ashok Nagar
Faiz Road, Karol Bagh,
New Delhi 110 005.
2.      MTNL Quarters
CH 17-18, Atul Grove Road,
New Delhi 110 001.
In both the above places, our Federation will provide bedding for the participants.
Ø The Federation is unable to provide any kind of food to the participants.
Ø Participants may make their own arrangements in respect of food. Further we are unable to provide hot water to participants during their stay.
Ø  In December,the climate in Delhi will be of severe cold. Therefore participants are requested to bring necessary clothing so as to bear the cold.
Ø The March to Parliament will start at 10 a.m. from Jantar Matar.
All the participants of FNPO affiliated unions are requested to come to MTNL Quarters at Atul Grove Road at 9.30 a.m. FNPO procession will start from Atul Grove Road to Jantar Mantar and join with NFPE participants. From there we will proceed to parliament. Participants are requested to bear any inconvenience caused during their stay in Delhi. We are unable to provide proper accommodation to the participants at Delhi due to paucity of funds with the Federation. However we provide accommodation which is not lesser than that of NFPE participants. The places of stay mentioned above will be available from 3rd December to 5th December2014 up to 10 a.m. Therefore participants are advised to reach Delhi on 3rd December and leave by 5th December 10 a.m. The participants belonging to Delhi, Punjab, Haryana and Himachal Pradesh are requested to come on the morning of 4th December.
The intention to hold “March to Parliament” is to show our strength as well as our anguish and protest against the Department / Government. Therefore all participants should bear the inconvenience during the stay in Delhi .FNPO hopes and trusts the participants will raise to the occasion.
Yours Fraternally,
                                                                                                                                                       (D.THEAGARAJAN)

தடைகள் தகர்ந்தன. புதிய விடியல் இதோ

அன்பு தோழர்களே
                  வணக்கம் நீதிமன்ற உத்திரவுக்கு பின்பும் சில மாதங்களாக நமது மாநிலநிர்வாகத்தால் முறையாக அங்கீகரிக்கபடாமல் சிலரின் மறைமுக சூழ்ச்சியால் தடைபட்டு கிடந்த நமது இடைகால குழுவின் அங்கீகாரம்  தற்போது மாநிலநிர்வாகத்தால் அங்கீகரிக்க பட்டுள்ளது.  தற்போது நமது பிரச்சனைகளை மாநில மற்றும் மண்டல அளவில் முறையே நான்கு மாத மற்றும் இருமாத  பேட்டிகளின் மூலம் சரிசெய்திட வாய்ப்பு ஏற்பட்டுள்ளது. எனவே தோழர்கள் உடனடியாக தங்கள் பகுதி பிரச்சனைகளை நமது கன்வீனர் அவர்களுக்கு அவர்களுக்கு எழுதி தீர்வு கண்டிட வேண்டுகிறோம்.

- இடைகால குழு     தமிழ் மாநிலம் 

Friday, 21 November 2014

வரலாறு படைத்திட வாருங்கள்

அன்பார்ந்த தேசிய நெஞ்சங்களே  

                 வணக்கம் நமது அகில இந்திய மாநாட்டிற்கு இரயில் டிக்கெட் புக் செய்ய வேண்டிய நபர்களுக்கு அன்பு வேண்டுகோள்  நேரடியாக துர்க் (Durg)  புகைவண்டி நிலையத்துக்கு  செல்லும் வண்டிகள் சென்னையில் இருந்து குறைவாக இருப்பதால் நண்பர்கள் முடிந்த வரை நாக்பூர் செல்லும் வண்டிக்கு பதிவு செய்யவும் பின்பு அங்கிருந்து 4 மணி நேர பயண தூரத்தில் துர்க் (Durg) மற்றும் ராய்பூர்க்கு (Raipur) அதிகமான வண்டிகள் ( Mumbai to Howrah மார்க்கம்) இருப்பதால் இந்த பயண திட்டத்தை பின்பற்றவும். 

                மேலும் நமது முந்தைய தகவலை தொடர்ந்து சத்தீஸ்கர் மாநில செயலாளர் நம்மை தொடர்பு கொண்டு 23 ம் தேதி அந்த மஹால் வேறு ஒரு நிகழ்ச்சிக்கு பதிவு செய்யபட்டுள்ளதால் மாநாடு 20 இம் தேதி தொடங்கி 22 வரை நடைபெறும் என்ற தகவலை தெரிவித்தார்கள் அவருக்கு நமது நன்றிகள்.


Appeal from the Convenor of NAPE Gr C Tamilnadu Circle to all Branch & Divisional Secretaries of Tamilnadu Circle.

Dear Friends, 
                 Vanakkam, The 21st All India Conference of NAPE, Group C will be held at Bhilai, Chattisgarh Circle from 20 to 22nd January 2015. We request all the Branch and Divisional Secretaries to start Preparations and Book the Train tickets for Bhilai early. The Train Tickets can book from today onwards and Please avoid the eleventh hour rush and mental agony. 
 About Bhilai
                 The Bhilai is just 32 Kilometer from the the capital city (Raipur) of Chattisgarh State. Bhilai is well connected to all major Indian Places by train.
The nearest major railway station is the Durg Railway station, about half an hour from the city as it has almost all major train stoppages.  
Bhilai, known as ‘Mini India’ owing to its multiculturalism and diversity is the second largest city located in the state of Chhattisgarh. It has won accolades for being one of the fastest developing cities of the world. It is known for its lush green and clean environment and serene atmosphere. Besides housing the famous Bhilai Steel Plant, it also boasts of a number of tourist attractions including religious places as well as historical relics and picnic spots. This place being an important educational, industrial and commercial hub is well connected to all major cities by means of rail, road and air. Tourists from all over the country, flock here to catch a glimpse of this simple, yet beautiful city.

Tourist Attraction in and around Bhilai :

Bhilai Steel Plant: It is one of the main attractions in Bhilai. The plant is known for producing beams, rails, angles, crossings, sleepers, plates, channels, wide rods etc.

Maitri Bagh: It is a combination of a landscaped garden and a zoo, and was established by Bhilai Steel Plant. Also known as the ‘Friendship Garden’, it stands as a symbol of India-USSR friendship.

Uwasaggharam Parshwa Teerth:    It is a Jain Temple in Nagpura. Dedicated to Shri Parshwanath it houses several beautiful temples, guesthouses and gardens and is worth visiting.

Dhamdha: The Dhamdha Shrine about 35 kilometres from Bhilai and is one of the most prominent tourist spot for Hindus.

Tandula Dam: About 60 kilometres from Bhilai, it is a famous tourist spot and attracts hundreds of tourists, especially during the winter. Various restaurants and accommodation options are available here.

Deobalod: At about 3 kilometres from Bhilai, it is home to an ancient Shiv Mandir.

Civic Center: Known to be the shopping hub of Bhilai, it offers a variety of options for social activities, entertainment and shopping.

Ganga Maiya Temple: About 60 kilometres from Bhilai, this temple located at Jhalmala has its own importance among the locals as well as tourists.

Hajra Falls: Situated at about 100 kilometres from Bhilai, amongst dense forests, hills and tunnels, this place is a popular picnic spot and a visual delight for the tourists.

Siyadevi: Located amidst a forest, this place is known for the famous temple dedicated to Sita Maiya and a natural waterfall between July and February.

Kali Bari: This temple dedicated to Goddess Kali is located in sector 6 of Bhilai.

Kharkhara: A dam built across the Kharkhara river and its surroundings in Durg is a favourite among the nature lovers. 


Ganga Maiya Temple
About 61 kilometres from Bhilai, it takes about an hour to reach the temple by road. You could take a train from Bhilai to Balod and then reach Jhalmala by road. A more convenient option would be to travel via private vehicles or taxis offered by travel agencies. 
 

Maa Bamleshwari Temple
Located in Dongargarh, this is a famous temple located on the peak of a mountain, about 1600 feet high, dedicated to Bagulamukhi Devi, a powerful manifestation of Goddess Durga. While some believe this temple was built by king Vikramaditya, others believe that it was constructed by Raja Veersen. Devotees have to ascend about 1100 stairs to reach the shrine of Badi Bamleshwari. Aerial Ropeway or cable car facilities are also available as a substitute. It is a major tourist attraction, as it is the only ropeway constructed in the state of Chhattisgarh. Another temple called Chhoti Bamleshwari Temple is located at ground level near the main temple, for the devotees who find it difficult to climb the 1100 stairs to the main temple. One can have a picturesque view of the surroundings from the top of the mountain. An enormous golden Buddha Statue can also be viewed on the opposite mountain. Pilgrims from all over the country flock here during the Navaratri festival, to participate in the celebrations.
Maa Bamleshwari Temple
Dongargarh is situated around 80 km from bhilai and the travel time by road is approximately one and a half hours depending on the traffic conditions. There are a number of trains from Bhilai Power House to Dongargarh. One can hire a private vehicle from the station to the temple.

Shree Uwassaggaharam Parshwa Tirth
Established in the year 1995, located on the banks of river Sheonath in Nagpura, this Jain shrine is famous as a religious as well as pilgrim centre. This place houses numerous temples, gardens, guesthouses, yoga centre and more. This place is known for its scenic splendour and marvellous architecture. The main temple contains a pedestal, on which the footprints of the Lord can be seen. The temple of Shri Manibhadra Veer is on the right side of the main temple, while the temple of Padmavati is to its left. Numerous visitors throng here to get a glimpse of the charming and beautiful statue of Shri Parshwanath, supported by four pillars and the 30 feet high entrance gate of the temple.
Meru Mountain with the Jinalaya of all the 24 Tirthankers, Tirthankar Udyan or the garden of renunciation, Aarogya Dham- a 30 bedded hospital of Naturopathy are other major highlights of  this holy place. The holy nectar or the ‘Amiya’ oozes out of the statue here, leaving the visitors wonderstruck. This nectar is belived to have curative properties. This place attracts thousands of pilgrims from nook and corners of the country on the full moon night, who come here to experience spiritual ecstacy.
Uwassaggaharam Parshwa Tirth
It takes about 15 minutes by road to reach Durg from Bhilai. There are a number of trains from Bhilai Power House to Durg. You can reach this shrine in about 20 minutes from Durg station by road, in private buses or taxis.
Shiva Temple in Deobalod
It is home to one of the oldest temples in Chhattisgarh dedicated to Lord Shiva, dating back to about 5th century. The ancient linga is present in the garbhagriha, below the ground level, even though the shikhara of the temple had been destroyed over time. The main mandapa is supported by exquisitely sculpted two rows of five pillars each. There is a pond next to the temple, which is believed to have an underground link to the town of Arang in Chhattisgarh. Apart from the main Shiva Linga, there are sculptures of Lord Shiva, Lord Ganesh, and carvings of dancing men, demi-gods and warriors. The Nandi statue is another special feature of this temple. The peaceful atmosphere and the enchanting sculptures attract visitors in large numbers.
Shiva Temple 
It is located at a distance of about 3 kilometres from Bhilai in Charoda. One can take autos or private vehicles to reach this place. 
             Apart from these famous temples and pilgrim centres, there are a number of places of worship in different areas within as well as around the city of Bhilai. They include Balaji Temple, Hanuman Mandir, Kali Bari Temple, Sai Baba Temple, Ganesh Temple, Siyadevi Temple, Bhoramdeo Temple etc. The tranquillity, sanctity and the palpable energy radiated from these temples will help you satisfy your spiritual quests and fill you with immense joy and pure bliss, indescribable by mere words.

Last but not least :
           Never forget to Collect Donations and Souvenir Advertisements which will help the Reception Committee to conduct the Conference in a Memorable manner. 

Thankyou. 

P. Thirugnana Sampantham,
Convenor, 
Tamilnadu Circle. 

சதாபிஷேகம் விழா

             கலங்கரை விளக்கு ஆலோசகரும் மரியாதைக்குரிய பெரியவர் திரு.M.பேச்சிமுத்து Retd Senior Postmaster திருமதி இரத்தினம் ஆகியோரின்   சதாபிஷேகம்  21.11.2014 அன்று நடைபெற்றது .                     
நமது முன்னாள் தலைவர்  திரு.E.ஆனந்தராஜ் 
கோட்ட செயலாளர்  திரு.S.A.இராம சுப்பிரமணியன் 
உதவி செயலாளர் திரு.J.குணா, 
NFPE P4 முன்னாள் மாநில தலைவர் திரு.G.கிருஷ்ணன் 
ஓய்வு ஊதியர் சங்க அகில இந்திய அமைப்பு செயலாளர் 
திரு.சண்முக சுந்தரராஜ் ஆகியோர்  அந்நிகழ்ச்சியில் கலந்து கொண்டு ஆசி பெற்றனர்.    

           கலங்கரை விளக்கு ஆசிரியர் திரு மாலிக் அவர்களின் சார்பாக மாலை அணிவித்து ஆசி பெற்றனர். 

         

Wednesday, 19 November 2014

வரலாறு படைத்திட வாருங்கள்.

Appeal from the Convenor of NAPE Gr C Tamilnadu Circle to all Branch & Divisional Secretaries of Tamilnadu Circle.

Dear Friends, 
                 Vanakkam, The 21st All India Conference of NAPE, Group C will be held at Bhilai, Chattisgarh Circle from 20 to 22nd January 2015. We request all the Branch and Divisional Secretaries to start Preparations and Book the Train tickets for Bhilai early. The Train Tickets can book from today onwards and Please avoid the eleventh hour rush and mental agony. 
 About Bhilai
                 The Bhilai is just 32 Kilometer from the the capital city (Raipur) of Chattisgarh State. Bhilai is well connected to all major Indian Places by train.
The nearest major railway station is the Durg Railway station, about half an hour from the city as it has almost all major train stoppages.  
Bhilai, known as ‘Mini India’ owing to its multiculturalism and diversity is the second largest city located in the state of Chhattisgarh. It has won accolades for being one of the fastest developing cities of the world. It is known for its lush green and clean environment and serene atmosphere. Besides housing the famous Bhilai Steel Plant, it also boasts of a number of tourist attractions including religious places as well as historical relics and picnic spots. This place being an important educational, industrial and commercial hub is well connected to all major cities by means of rail, road and air. Tourists from all over the country, flock here to catch a glimpse of this simple, yet beautiful city.

Tourist Attraction in and around Bhilai :

Bhilai Steel Plant: It is one of the main attractions in Bhilai. The plant is known for producing beams, rails, angles, crossings, sleepers, plates, channels, wide rods etc.

Maitri Bagh: It is a combination of a landscaped garden and a zoo, and was established by Bhilai Steel Plant. Also known as the ‘Friendship Garden’, it stands as a symbol of India-USSR friendship.

Uwasaggharam Parshwa Teerth:    It is a Jain Temple in Nagpura. Dedicated to Shri Parshwanath it houses several beautiful temples, guesthouses and gardens and is worth visiting.

Dhamdha: The Dhamdha Shrine about 35 kilometres from Bhilai and is one of the most prominent tourist spot for Hindus.

Tandula Dam: About 60 kilometres from Bhilai, it is a famous tourist spot and attracts hundreds of tourists, especially during the winter. Various restaurants and accommodation options are available here.

Deobalod: At about 3 kilometres from Bhilai, it is home to an ancient Shiv Mandir.

Civic Center: Known to be the shopping hub of Bhilai, it offers a variety of options for social activities, entertainment and shopping.

Ganga Maiya Temple: About 60 kilometres from Bhilai, this temple located at Jhalmala has its own importance among the locals as well as tourists.

Hajra Falls: Situated at about 100 kilometres from Bhilai, amongst dense forests, hills and tunnels, this place is a popular picnic spot and a visual delight for the tourists.

Siyadevi: Located amidst a forest, this place is known for the famous temple dedicated to Sita Maiya and a natural waterfall between July and February.

Kali Bari: This temple dedicated to Goddess Kali is located in sector 6 of Bhilai.

Kharkhara: A dam built across the Kharkhara river and its surroundings in Durg is a favourite among the nature lovers. 


Ganga Maiya Temple
About 61 kilometres from Bhilai, it takes about an hour to reach the temple by road. You could take a train from Bhilai to Balod and then reach Jhalmala by road. A more convenient option would be to travel via private vehicles or taxis offered by travel agencies. 
 

Maa Bamleshwari Temple
Located in Dongargarh, this is a famous temple located on the peak of a mountain, about 1600 feet high, dedicated to Bagulamukhi Devi, a powerful manifestation of Goddess Durga. While some believe this temple was built by king Vikramaditya, others believe that it was constructed by Raja Veersen. Devotees have to ascend about 1100 stairs to reach the shrine of Badi Bamleshwari. Aerial Ropeway or cable car facilities are also available as a substitute. It is a major tourist attraction, as it is the only ropeway constructed in the state of Chhattisgarh. Another temple called Chhoti Bamleshwari Temple is located at ground level near the main temple, for the devotees who find it difficult to climb the 1100 stairs to the main temple. One can have a picturesque view of the surroundings from the top of the mountain. An enormous golden Buddha Statue can also be viewed on the opposite mountain. Pilgrims from all over the country flock here during the Navaratri festival, to participate in the celebrations.
Maa Bamleshwari Temple
Dongargarh is situated around 80 km from bhilai and the travel time by road is approximately one and a half hours depending on the traffic conditions. There are a number of trains from Bhilai Power House to Dongargarh. One can hire a private vehicle from the station to the temple.

Shree Uwassaggaharam Parshwa Tirth
Established in the year 1995, located on the banks of river Sheonath in Nagpura, this Jain shrine is famous as a religious as well as pilgrim centre. This place houses numerous temples, gardens, guesthouses, yoga centre and more. This place is known for its scenic splendour and marvellous architecture. The main temple contains a pedestal, on which the footprints of the Lord can be seen. The temple of Shri Manibhadra Veer is on the right side of the main temple, while the temple of Padmavati is to its left. Numerous visitors throng here to get a glimpse of the charming and beautiful statue of Shri Parshwanath, supported by four pillars and the 30 feet high entrance gate of the temple.
Meru Mountain with the Jinalaya of all the 24 Tirthankers, Tirthankar Udyan or the garden of renunciation, Aarogya Dham- a 30 bedded hospital of Naturopathy are other major highlights of this holy place. The holy nectar or the ‘Amiya’ oozes out of the statue here, leaving the visitors wonderstruck. This nectar is belived to have curative properties. This place attracts thousands of pilgrims from nook and corners of the country on the full moon night, who come here to experience spiritual ecstacy.
Uwassaggaharam Parshwa Tirth
It takes about 15 minutes by road to reach Durg from Bhilai. There are a number of trains from Bhilai Power House to Durg. You can reach this shrine in about 20 minutes from Durg station by road, in private buses or taxis.
Shiva Temple in Deobalod
It is home to one of the oldest temples in Chhattisgarh dedicated to Lord Shiva, dating back to about 5th century. The ancient linga is present in the garbhagriha, below the ground level, even though the shikhara of the temple had been destroyed over time. The main mandapa is supported by exquisitely sculpted two rows of five pillars each. There is a pond next to the temple, which is believed to have an underground link to the town of Arang in Chhattisgarh. Apart from the main Shiva Linga, there are sculptures of Lord Shiva, Lord Ganesh, and carvings of dancing men, demi-gods and warriors. The Nandi statue is another special feature of this temple. The peaceful atmosphere and the enchanting sculptures attract visitors in large numbers.
Shiva Temple 
It is located at a distance of about 3 kilometres from Bhilai in Charoda. One can take autos or private vehicles to reach this place. 
             Apart from these famous temples and pilgrim centres, there are a number of places of worship in different areas within as well as around the city of Bhilai. They include Balaji Temple, Hanuman Mandir, Kali Bari Temple, Sai Baba Temple, Ganesh Temple, Siyadevi Temple, Bhoramdeo Temple etc. The tranquillity, sanctity and the palpable energy radiated from these temples will help you satisfy your spiritual quests and fill you with immense joy and pure bliss, indescribable by mere words.
 
Last but not least :
           Never forget to Collect Donations and Souvenir Advertisements which will help the Reception Committee to conduct the Conference in a Memorable manner. 

Thankyou. 

P. Thirugnana Sampantham,
Convenor, 
Tamilnadu Circle. 

Tuesday, 18 November 2014

New Website for FNPO



அன்பு தோழர்களே 
              பல்வேறுபட்ட தோழர்களின் விருப்பத்திற்கு இனங்க நமது சம்மேளன செய்திகளை அனைவரும் எளிதாக அறிந்து கொள்ள வசதியாக இதோ கீழ்க்கண்ட வலைத்தளத்திலும் வெளியிடபடுகிறது
வலையதள முகவரி   WWW. FNPOHQ.BLOGSPOT.IN 


India Post says keen to become a universal bank.
 
Old Pension Scheme to the employees in temporary status prior to 01.01.2004 and regularized after 01.01 .2004.

Kisan Vikas Patra (KVP) will re-launch today. 100 மாதங்களில் இருமடங்காகும் KVP அறிமுகம்

100 மாதங்களில் இருமடங்காகும் KVP அறிமுகம்
PRESS INFORMATION BUREAU
GOVERNMENT OF INDIA
***
FM TO RELAUNCH KISAN VIKAS PATRA (KVP); AVAILABLE TO THE INVESTORS IN THE DENOMINATION OF RS. 1000, 5000, 10,000 AND 50,000, WITH NO UPPER CEILING ON INVESTMENT; INVESTMENT MADE IN THE KVP WILL DOUBLE IN 100 MONTHS
New Delhi, November 17, 2014
Kartika 26, 1936

The Union Finance Minister Shri Arun Jaitley will re-launch the Kisan Vikas Patra (KVP) here tomorrow in the presence of Shri Ravi Shankar Prasad, Union Minister of Communication and IT and Shri Jayant Sinha, Minister of State for Finance among others. Increasing savings rate in the economy was one of the priorities of the new Government on assuming charge. In view of the popular demand and to revitalize Small Savings, the Finance Minister in para 27 of his Budget Speech announced that "Kisan Vikas Patra (KVP) a very popular instrument among small savers will be reintroduced The instrument will encourage people, who may have banked and unbanked savings to invest". Accordingly, it is decided to reintroduce Kisan Vikas Patras (KVPs). KYC norms regarding all National Savings Schemes (NSS) are now applicable in post offices and banks w.e.f. January, 2012.
The re-launched Kisan Vikas Patra (KVP) will be available to the investors in the denomination of Rs. 1000, 5000, 10,000 and 50,000, with no upper ceiling on investment. The certificates can be issued in single or joint names and can be transferred from one person to any other person / persons, multiple times. The facility of transfer from one post office to another anywhere in India and of nomination will be available. The certificate can also be pledged as security to avail loans from the banks and in other case where security is required to be deposited. Initially the certificates will be sold through post offices, but the same will soon be made available to the investing public through designated branches of nationalised banks.
Kisan Vikas Patras have unique liquidity feature, where an investor can, if he so desires, encash his certificates after the lock-in period of 2 years and 6 months and thereafter in any block of six months on pre-determined maturity value. The investment made in the certificate will double in 100 months.
Reintroduction of Kisan Vikas Patra (KVP) is a welcome step not only in the direction of providing safe and secure investment avenues to the small investors but will also help in augmenting the savings rate in the country. The scheme will also safeguard small investors from fraudulent schemes. With a maturity period of 8 years 4 months, the collections under the scheme will be available with the Govt. for a fairly long period to be utilized in financing developmental plans of the Centre and State Governments and will also help in enhancing domestic household financial savings in the country.
Kisan Vikas Patra (KVP) – a certificate savings scheme was launched by the Government on 1st April, 1988. The scheme provided facility of unlimited investment by way of purchase of certificates from post offices in various denominations. The maturity period of the scheme when launched was 5 ½ years and the money invested doubled on maturity. The scheme was very popular among the investors and the percentage share of gross collections secured in KVP was in the range of 9 % to 29 % against the total collections received under all National Savings Schemes in the country. Gross collections under the scheme in the year 2010-11 were Rs. 21631.16 crores which was 9 % of the total gross collections during the year. In the year of its closure, the scheme secured gross collections of Rs. 7575.95 crores (April 2011 to November 2011).

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