FNPO - ஆர்ப்பாட்டம்

தேசிய சங்கம் கடைபிடிக்கும் எதிர்ப்பு வாரத்தின் மாநில அளவிலான பெருந்திரள் ஆர்ப்பாட்டம் தமிழ் மாநில FNPO ஒருங்கிணைப்பு குழு சார்பாக 16.12.2016 அன்று சென்னை அண்ணா சாலை தலைமை அஞ்சலகம் முன்பு  நடைபெற்றது.  ஆர்ப்பாட்ட புகைப்படங்கள் இதோ:    ...

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Letter to the Hon PM by FNPO & its Affiliated Unions

LETTER TO THE HONOURABLE PRIME MINISTER OF INDIA BY FNPO AND ITS AFFILIATED UNIONS / ASSOCIATIONS. To Shri Narendra Modiji, Hon’ble Prime Minister of India, South Block, Raisina Hill, New Delhi-l10011  Respected Sir, We, the Federation of National Postal Organisation and its affiliated unions submit this letter to express our deep concern and request to honour the commitment given by the Group of Ministers in the meetings held with JCM (Staff Side) leaders on 30th June 2016 & 06th July 2016. Subsequently, an assurance was given that a High-Level Committee will examine the 7th CPC issues, mainly the Minimum Wage and Multiplying Factor. Based on the assurance, the JCM Constituent deferred the Strike action on 06th July 2016. Though...

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RBI Imposes Restrictions On Withdrawal From Certain Bank Accounts

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 The Reserve Bank imposed certain restrictions on withdrawal if more than Rs 2 lakh has been deposited after November 9 in an account which has a balance of over Rs 5 lakh.  Mumbai: Tightening the noose around people who misused banking channels to park unaccounted money, the Reserve Bank on Thursday imposed certain restrictions on withdrawal if more than Rs 2 lakh has been deposited after November 9 in an account which has a balance of over Rs 5 lakh. As per a RBI notification, withdrawal or transfer of funds will not be permitted in accounts without quoting of PAN...

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There is No Magical On-Off Switch to transform Into a Cashless Economy.

There is No Magical On-Off Switch That Will Allow India to Transform Into a Cashless Economy India falls well short of the pre-requisites needed to become a digital economy. he demonetisation step of the Modi government, for the most part, appears to be hugely problematic. Several expert commentators – including Ajay Shah, Prabhat Patnaik, Swaminathan Aiyer, Manmohan Singh and several others – have pointed out that given the high dependence on cash transactions in the Indian economy, the resulting liquidity crunch, the diminished purchasing power and the reduced ability to transact is likely to badly hurt the macroeconomy and the damage to the informal sector – especially to small firms and retailers – is likely to be severe and permanent. Also, being saddled...

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Aadhaar seeding is not mandatory for release of pension

There is, at present, no proposal to make Aadhaar seeding mandatory for release of pension to the Central Government pensioners. Eighty-seven percent of Central Government pensioners of all age categories have seeded their bank accounts with Aadhaar number. The remaining thirteen percent, including those Government pensioners of the age of 80 and 90 years have not yet seeded their bank accounts with Aadhaar number. The Government has made efforts to seed accounts of all Central Government pensioners with Aadhaar numbers so as to enable them to benefit from the additional facility of submission of Digital Life Certificate. Public Sector Banks are authorised to enroll pensioners for issue of Aadhaar number, including old and infirm pensioners. This was stated by the Minister...

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CAT Cases on Service matters - Clarification

Court orders against Government of India instructions on service matters - consultation with Ministry of Law and Department of Personnel and Training on question of filing appeals  Click here to vi...

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Can only love for our postman ensure success for India Post Payments Bank?

The key to the success of India Post Payments Bank will be its business plan and if that’s in place, technology People have been waiting eagerly for the launch of the India Post Payments Bank or IPPB, the largest among the eight that are likely to start operations over the next few months. Eleven entities received the Reserve Bank of India’s (RBI’s) in-principle approval for floating payments banks but three of them have left the field. Originally, the department of posts, or DoP, which has been running the post office savings bank, wanted to set up a universal bank. It had even applied for a licence. The proposal was discussed at the Public Investment Board, which examines the investment plans of various ministries worth at least Rs100 crore, and it advised DoP to set up a...

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Demonetisation Will Likely Lead to a Protracted Economic Slowdown

The impact of the contractionary demand shock triggered by the note ban will gradually radiate from cash-intensive activities to virtually every sector of the economy. In most emerging economies, an important driver of GDP growth is investment demand. In India, private sector investment has been sluggish for consecutive quarters over the last two years. The principal driver of GDP growth in India in recent times has been private consumption demand, which contributes 60% to the GDP. The announcement by the government on November 8 to ban the Rs 500 and Rs 1000 currency notes is a monetary contraction that will translate into a massive negative shock for consumption demand. As more and more firms start feeling the pressure of declining demand, investment will get adversely...

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7th Pay Commission: Salary hike to Central government employees not reflecting in GDP data

The April-September 2016 GDP data suggests pay hike to Central government staff did not give consumption boost. Update on November 30, 2016 The quarterly gross value added (GVA) at basic price at constant (2011-12) prices for Q2 of 2016-17 was estimated at Rs 27.33 lakh crore, as against Rs 25.52 lakh crore in Q2 of 2015-16, translating into a growth rate of 7.1 percent over the corresponding quarter of previous year, according to statistics released by the Central government on Wednesday at around 5.30 pm. It's a tad unbelievable that an outgo of about Rs 34,600 crore during the July-September quarter (Q2) on account of salary arrears and enhanced pay to Central government employees did not boost the Indian economy in terms of higher consumption. On Monday (November...

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7th Pay Commission: Central government employees enthused after RBI chief Urjit Patel's comment

Millions of Central government employees are awaiting news about the increase in allowances as proposed by the 7th Pay Commission.  Central government employees are seeing a ray of hope with regard to hike in allowances after RBI Governor Urjit Patel's comment during the post-monetary policy review meeting on December 7, 2016. While the Narendra Modi government has implemented the salary hike as recommended by the 7th Central Pay Commission (CPC), the decision on allowances is pending.  After the second meeting of the Monetary Policy Committee (MPC) last week, Patel said that the payment of arrears and higher salaries did not adversely affect inflation, as was generally expected.  "The disbursement of salaries and arrears under the 7th Pay Commission award has not...

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Launching/Introduction of New Recruitment Rules Formulation, Amendment Monitoring System (RRFAMS) Portal

Launching/Introduction of New Recruitment Rules Formulation, Amendment Monitoring System (RRFAMS) Portal – reg F.No. Misc – 14017/19/2016-Estt.(RR) Government of India Ministry of Personnel, P.G. & Pensions Department of Personnel and Training Estt. RR Division ******* North Block, New Delhi Dated: 08th Dec, 2016 OFFICE MEMORANDUM Subject: Launching/Introduction of New Recruitment Rules Formulation, Amendment Monitoring System (RRFAMS) Portal – re...

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Benefits of Debit Card Activation - FAQ

QUESTION 1. Why it is important to have active debit cards? ANSWER: Debit Card makes your payments much more convenient and secure through an electronic payment facility directly from your bank account. Debit card can be used for purchases online or at shops by directly debiting your Bank account. Debit cards can also be used to withdraw cash from an ATM....

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List of candidates eligible to appear for Paper-II of DR examination for GDS to the cadre of PA/SA for the vacancies of the year 2013 and 2014

The examination will be conducted as per the para 4.2 of Notification No. REP/4-4/2014 dated 29.06.2016. The date of examination will be intimated shortly &nbs...

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FNPO's Request to exempt from the recovery of the amount of fake currency note.

FEDERATION OF NATIONAL POSTAL ORGANISATIONS T-24,Atul Grove Road, New Delhi - 110 001. Phone : 011-23321378 E-mail: theagarajannachi@hotmail.com. Ref:9/NAPE-C/177 /2016                                                            09/12/2016                                To Shri  B.V. Sudhakar, Chairman...

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