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

ஜூலை முதல் வட்டி விகிதம் மீண்டும் 0.1% குறைப்பு

Friday, 23 September 2016

Meeting with GDS Pay Committee

Chairman GDS Pay Committee called Federations/ Unions for discussion on the GDS issues, post approval of Recommendation of the 7th CPC. ...

Thursday, 22 September 2016

Railway budget scrapped, merged with general budget

NEW DELHI: There will be no separate railway budget from the next financial year. The Union Cabinet on Wednesday gave its nod to merge the railway budget with the general budget from next year, putting an end to a practice that started in 1924. "Rail budget and general budget will be amalgamated from now, there will only be one budget," finance minister Arun Jaitley said after the Cabinet meeting. "However, the functional autonomy of railways will be maintained," Jaitley said. The decision to merge the railway budget with the general budget is significant as in recent years, particularly since coalition governments post-1996, political heavyweights have used the railway budget to hand out goodies and for their own image building. With the railway portfolio ...

DA from July 2016 - 2% or 3% ?

DA from July 2016 in 7th pay Commission is 2% or 3% is yet to be confirmed     It seems that the DA from July 2016 in 7th Pay Commission is not yet finalized by Central Government. There is confusion persists on the rate of Dearness Allowance to be paid from 1st July 2016 in revised Pay . The AICPIN average for the year 2015 to be taken as Base Index for calculation of DA in 7th CPC as the DA has been neutralized to arrive the revised Pay.   The actual AICPIN Average for 2015 is 261.33. As per this AICPIN average, the DA to be paid at the rate of 2% from July 2016 in 7th CPC . But the NCJCM has contended that it should be paid at the rate of 3%. The NCJCM staff side said that as per the practice of fraction is being ignored, 0.75 is ignored from actual...

Allowance Committee could submit report soon.

7th Pay Commission: Panel appointed to examine allowances could submit report soon A panel set up by the Central government to look into proposals pertaining to allowances of government employees, including defence personnel, made by the 7th Central Pay Commission (CPC) is likely to submit its report shortly, raising expectations for about 1 crore individuals. The announcement of the panel to be headed by Finance Secretary Ashok Lavasa was made on June 29, 2016 when the government accepted the salary hike rates as proposed by the pay commission. An online platform called The Sen Times claimed that the committee has finalised its report and is likely to submit the same "this week", citing government sources. It also said that the quantum of allowances may not vary from those proposed...

Wednesday, 21 September 2016

Mark list of LDC Examination for promotion of LGOs to the cadre of PAs/SAs

Mark list of Limited Departmental Competitive Examination for promotion of Lower Grade Officials to the cadre of PAs/SAs for the vacancies of the year 2015-16 held on 31.07.2016 (Forenoon) Click here to download the Mark list for Postal Assistants  Click here to download the Mark list for Sorting Assistants    ...

The Reserve Bank of India (RBI) is soon set to bring out final operational guidelines for payments banks

The Reserve Bank of India (RBI) is soon set to bring out final operational guidelines for payments banks, more than a year after the regulator granted in-principle approval to 11 players for setting up such banks. The Reserve Bank of India (RBI) is soon set to bring out final operational guidelines for payments banks, more than a year after the regulator granted in-principle approval to 11 players for setting up such banks. This comes about close to two years after the final licencing guidelines had been issued in November 2014, which detailed the requirements and eligibility on the operational front. Three people familiar with the development told Business Standard that the banking regulator has made it clear that the final guidelines on operations would be out soon. This was...

World Postal Strategy.

Pending approval by member countries at Congress, the Istanbul World Postal Strategy is to be adopted as the UPU’s road map for the 2017-2020 work cycle. The strategy is centered on three goals: Goal 1: Improve the interoperability of network infrastructure. Goal 2: Ensure sustainable and modern products. Goal 3: Foster effective market sector functioning. These goals evolved from discussions involving almost 90 per cent of the UPU’s 192 member countries. Some of the debates took place at a series of seven regional conferences in 2015, revealing common priorities among countries worldwide. E-commerce development and strengthening operational efficiency emerged as top-level priorities in all regions. The strategy is also accompanied by a draft business plan, which links work...

Revision of rates of damages for unauthorized occupation of general pool residential accommodation and damages for subletting of general pool residential accommodation with effect from 1.7.2016 throughout the country - Partial modification

No.18011/1/2015-Pol.III Government of India Ministry of Urban Development Directorate of Estates  Nirman Bhavan, New Delhi - 110 108. Dated the 7 September, 2016 g OFFICE MEMORANDUM  Sub: Revision of rates of damages for unauthorized occupation of general pool residential accommodation and damages for subletting of general pool residential accommodation with effect from 1.7.2016 throughout the country - Partial modification - Reg.  ...

Monday, 19 September 2016

Cadre Restructuring meeting at CO

The First meeting on Cadre Restructuring of Tamilnadu Circle with all Union Representatives will be held at Circle office on 20.09.2016.  Shri.Thirugnana Sampantham, convenor, P3 will attend in this meeting as NAPE P3 representative.  Your Views  and Opinion may kindly be conveyed to Shri.Thirugnana Sampantham, convenor over Phone before 1700 Hrs today....

DoP plans to recruit around 55,000 GDSs through online

DoP plans to recruit around 55,000 GDSs through online mode in November& Postal Department achieved business of Rs. 14, 900 crore as against planned target of Rs. 14, 600 crore: B.V Sudhakar The Departments of Posts plans to recruit around 55,000 Grameen Dak Sevaks through online mode in November, B.V Sudhakar, Secretary, Department of Posts, said. Addressing a Press Conference here on Friday, Sudhakar informed that the software required for online recruitment is at the testing stage and the online method will ensure transparency in this recruitment. In order to address the grievances of the postal customers, the National Service Call Centre - 1924 - was launched on September 12, 2016. Customers can call from any network to this number and they will be given...

Video Presentation on GDS

Presentation 1 : ( CLICK HERE ).  Presentation 2 :  ( CLICK HERE ...

TN Circle called Meeting on Rule 38 transfer cases.

Tamilnadu Circle office called Meeting on Assessing vacancy position in PA cadre by adjusting the Pending Rule 38 transfer cases. ...

SOP for Internet/Mobile/SMS Banking

Standard Operating Procedure for Internet/Mobile/SMS Banking 1. Any Post Office Savings Account customer may apply for Internet/Mobile/SMS Banking facility. Savings Account must be standing at any CBS Post Office but not in Extra Departmental Branch Post Office in account with CBS Post Office. 2.Account Holder has to apply for Internet and/or Mobile and/or SMS Banking by filling ATM/eBanking/Mobile Banking Form. If Account holder has opened savings account after migration to CBS with proper KYC documents, there is no need for taking fresh KYC documents. If Account holder has opened Savings Account before migration, fresh Identity and Address proof as well as photograph has to be taken in Annexure-II of Account Opening Form(AOF) alongwith ATM/e-Banking/Mobile Banking Request ...

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