Minutes of the Meeting of Jt Secretary (IC) with NJCM held on 19.02.2016

Minutes of the Meeting of Joint Secretary (IC) with the Members of the Staff-Side of the Standing Committee (National Council-JCM) held on 19.02.2016

A Meeting was held under the chairmanship of Joint Secretary (Implementation Cell), Department of Expenditure, Ministry of Finance, with the Members of the StaffSide of the Standing Committee (National Council-JCM) on 19.2.2016 to discuss the issues raised by the National Joint Council of Action (NJCA) {Joint Consultative Machinery (JCM)} in their letter No. NJC/2015/7th CPC dt. 10.12.2015, addressed to the Cabinet Secretary, regarding their Charter of Demands on the recommendations of the 7th Central Pay Commission. The Secretary, Staff-Side of the Standing Committee (National Council- JCM), who is the convener of the NJCA, along with other office bearers attended the meeting. The list of the participants from the Staff-Side is attached at Annexure.

2. Welcoming the members of the Staff-Side, JS(IC) mentioned that the meeting has been convened to enable the Staff-Side to bring out their concerns on the recommendations of the 7th CPC in the light of the Charter of Demands made by them in the aforesaid letter of NJCA so that same could be examined in the Implementation Cell and submitted for consideration of the Empowered Committee of Secretaries. He informed the office bearers that before arriving at a decision, the ECoS would also hold separate discussions with the Staff Side.

2. Commencing the discussions from the Side of the Members of the Staff-Side, Secretary, Staff-Side, Standing Committee (National Council-JCM), explained that they have already placed their Charter of Demands as per the letter of NJCA dated 10.12.2015. He mentioned that the reasons based on which these demands have been made have also been explained therein. He, however, highlighted that the Staff-Side is not at all happy with the recommendations of the 7th CPC and, in fact, no section of the employees is satisfied, as the Commission has recommended a minimal pay increase as compared to the previous Pay Commissions. He mentioned that the Staff-Side does not agree with the minimum pay of Rs. 18000 and the reason as to why the methodology adopted by the 7th CPC to arrive at this figure is not correct has been explained in their letter dated 10.12.2015. He stated that Staff-Side demands enhancement of the minimum pay to Rs. 26000 and the reasons in support of this have been given in their aforesaid letter. He further stated that an amicable and mutually negotiated settlement of these demands is necessary as non-acceptance would further cause resentment in the employees. He informed that Staff-Side has already made their stand clear to go on strike from 11th April, 2016 if their demands are not considered and no amicable settlement happens.

3. Thereafter, the other members of the Staff-Side also expressed their arguments for acceptance of these demands and all of them emphasised that the minimum pay needs to be revised. Consequently, the fitment multiple of 2.57 would also need commensurate change. The leader of the Staff-Side explained that the office bearers who were present in the meeting represent various sections of Central Government employees including railways, defence civilians, postal employees etc., the number of which is around Rs. 32 lakhs.

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As on today, CBS Is Rolled Out in 17,057 POs, 510 ATMs have been installed

As On February 22, 2016, 17,057 Post Offices Are Utilizing CBS. CIS Is Rolled Out In 805 Head Post Offices

As on February 22, 2016, 17,057 post offices are utilizing CBS. CIS is rolled out in 805 head post offices and the corresponding sub offices. 510 ATMs have been installed

A Rs 4,909 crore project for computerization and networking of 1.55 lakh post offices across the country is being implemented by the government, Lok Sabha was informed on Wednesday.

Telecom Minister Ravi Shankar Prasad said the project involves providing a central server-enabled integrated, modular and scalable solution for all operations of the Department of Posts.

These include provision of Core Banking and Insurance Solutions in all departmental post offices and provision of 1,000 ATMs.

  

"As on February 22, 2016, 17,057 post offices are utilizing Core Banking Solution. Core Insurance Solution is rolled out in 805 head post offices and the corresponding sub offices. 510 ATMs have been installed," he said during Question Hour.

Prasad said multiple safeguards have been built into the system to ensure stable internet connectivity for the post offices. Most of the post offices have been provided with two Network Service Providers.

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Comments of the Ministries/Departments on Recommendations of 7th CPC – Request to Expedite – regarding.

F No.30-1/2016-IC
Government of India
Ministry of Finance
Department of Expenditure

Implementation Cell (7th CPC)
Dated: 15th February, 2016

OFFICE MEMORANDUM

Subject: Comments of the Ministries/Departments on Recommendations of 7th Central Pay Commission – Request to Expedite – regarding.

All the Ministries/Departments, vide the D.O.No.1-4/2015-EIII.A dated 21.11.2015 from Joint Secretary (Pers), Department of Expenditure were requested to formulate their views/comments on the issues and the posts/services under them with reference to the recommendations of the 7th Central Pay Commission and forward it to the Department of Expenditure within a period of three weeks.

2. The action involved on part of the administrative Ministries/Departments was also discussed, in detail, in the meeting with the Nodal Officers on 02.02.2016 and all the Nodal Officers were requested to furnish their comments in the ‘prescribed proforma’ circulated in the meeting, along with soft copy to the ‘jsic-cpc@nic.in within two weeks i.e. by 17.02.2016. The responses received so far are not satisfactory and comments of the most the Ministries/Departments are still awaited.

3. The Implementation Cell which is working as the secretariat of the Empowered Committee of Secretaries (E-CoS) has been asked to furnish considered views of the Ministries/Departments on the recommendations of the 7th CPC.

4. In view of the above, the comments of the Ministries/Departments may be furnished to the Implementation Cell. Department of Expenditure, immediately.

This may be treated as most urgent.

sd/-
(R.K.Chaturvedi)
Joint Secretary (IC)

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In six months, postal debit cards will work at bank ATMs

In six months, those having accounts with post offices can use their postal debit cards to withdraw cash from Automated Teller Machines (ATM) operated by banks too.

With the inauguration of an ATM facility at the Park Town head post office on Monday, all the city’s nine head post offices, including the ones at Mylapore, Avadi and St.Thomas Mount, have ATMs now.

In the Park Town head post office, to start with, 250 customers will be provided with debit cards and more customers will get theirs soon. Charles Lobo, chief postmaster general, Tamil Nadu circle, inaugurated the ATM and distributed debit cards.

Once the facility of interoperable ATMs are in place, bank customers can withdraw cash from ATMs at post offices too, said Mervin Alexander, postmaster general (Chennai City Region) at the function.

At present, there are 52 lakh postal savings account holders in the Chennai city region. Of these, nearly 16,000 account holders have been provided with debit cards.

Officials of the postal department say that such cards were given to those who maintain a minimum balance of Rs. 500. Steps are being taken to create more awareness about postal ATMs among customers.

Customers are likely to soon enjoy the benefits of net banking with the department now operating it on a trial basis. Post offices in the Chennai north division are conducting a campaign to get residents, especially autorickshaw drivers and vendors in the Park Town area, to take up Pradhamar Natchathra Paadhukappu.

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Minimum Governmet and Max Governance

Government proposes to strike down several “irrelevant” laws: Dr Jitendra Singh

Aims to achieve the goal of ‘minimum government and maximum governance’

Addressing a meeting of Department of Personnel and Training (DoPT) to review the action plan for the year 2016, Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said here today that Government plans to strike down “irrelevant” laws by repealing or revoking more than thousand existing ones as a part of its mission to achieve the goal of minimum government and maximum governance.

Reiterating the Prime Minister Shri Narendra Modi’s call to do away with avoidable laws and rules, Dr Jitendra Singh said that the Government will abolish several of the existing laws which have ceased to be relevant in the present date and time. Disclosing that as many as 1053 laws are pending for Parliament approval to be repealed, Dr Jitendra Singh said about 649 laws have been sent and circulated among Ministries and States for comments and the process of repealing or revoking them will be carried forward after obtaining the comments of the concerned Ministries and Departments.

Dr Jitendra Singh said that the DoPT proposes to reduce the number of tribunals from 36 to 17 and at the same time, reduce or restructure as many as 685 autonomous bodies/institutions during the year 2016. In the times to come, the DoPT will also chalk out a possible plan for exit of Government sectors from hospitals, air services etc and a sunset clause will also be attached to every new scheme.

In a bid to ensure ease of governance, Dr Jitendra Singh said that a mechanism will be worked out wherein the information already available on the official websites or official portals is not to be asked for through RTIs etc, in order to reduce the pendency and workload accruing from such queries. While the work on simplified one-page form and self-attestation of certificates has already begun, the DoPT is also working out the feasibility of issuing the Residence/Domicile certificates as well as SCs/STs/OBCs certificate at primary age to every child by class 5, he added.

Shri Sanjay Kothari, Secretary DoPT and senior officers of the Department were present at the meeting.

PIB

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Now, premature closure possible in PPF postal scheme

With the Public Provident Fund, recently re-launched as Ponmagan Podhuvaippu Nidhi, gaining more patronage, the postal department has relaxed a few norms for the savings scheme.

Soon, customers have the option of closing the deposit scheme after completing five years for reasons such as children’s higher education or expenditure towards medical treatment.

In the last six months alone, nearly 20,000 PPF accounts have been opened in Chennai city region. The scheme has nearly 1.21 lakh depositors so far in the region.

Earlier, the depositor could take loans and partially withdraw in the seventh year of the scheme. Now, premature closure of the deposit is allowed. Officials of the postal department said the scheme, which does not involve any age limit, can also be opened in the name of children through their guardians. Depositors could save from Rs.500 to Rs.1.5 lakh in a year for which an interest of 8.7 per cent is provided.

However, the Tamil Nadu circle has only 1.78 lakh PPF accounts of which a major chunk has been opened in the Chennai region. Sources said the long-term savings scheme had not reached the rural and suburban areas. Though the Union government has decided to recalibrate interest rate of small saving schemes from April 1, depositors may enjoy the same interest rate for saving in PPF.

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Govt to monitor 'integrity' of Central government employees

The "integrity"of central government employees will now be under watch.

A confidential circular by the Department of Personnel and Training (DoPT) has asked all officers of the rank of joint secretaries and above to rate the integrity of their subordinates.
The move forms part of reforms and making bureaucracy more accountable and functional. The intergrity report will be part of the annual confidential appraisal reports (ACARs).The ACAR is designed to adjudge the performance of government servants every year in the areas of work, conduct, character and capabilities.
The ratings will be "beyond doubt, doubtful, most doubtful".
The circular has created a flutter within bureaucracy. Many officials told dna that it has not defined the integrity.
It has also asked supervisory officers to maintain a confidential diary to note the integrity and actions of subordinate staff, and consult this diary when filing the integrity column in the ACARs.
The filing of ACARs, which starts on March 31, has to be completed by May 23.
"Officers have been asked to make a note in the diary about instances that raise suspicion about the integrity of a subordinate and the action taken to verify the truth," said a senior central government official.
It further says that senior officers till the rank of secretaries should also note the action taken by supervisors while making confidential departmental inquiries or referring the matter to the police for further action.
Though a clause of integrity was incorporated in the ACAR some years back, reporting officers were not making a clear and categorical noting.
Now, with clear classification in the columns, they will have to report and rate the integrity of staff, said a DoPT official.
Meanwhile, Union minister of state in-charge of DoPT Dr Jitendra Singh said that the government will soon devise an institutional mechanism for the welfare and utilisation of the vast resource pool of pensioners.
At present, there are more pensioners than serving employees, he said. Retired employees need to engage themselves and contribute to government initiatives like educating people to use the accounts opened under Jan Dhan Yojana, Swachh Bharat Swachh Vidyalaya and Kaushal Vikas Yojana etc as per their interests, he suggested.

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Promotion process to the cadre of Postmaster Gr II for 2016-17 vacancies.

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Centre Likely To Hike DA To 125% From Existing 119%

Cabinet approves 6% hike in DA for central Government employees.

New Delhi: The Centre is likely to hike dearness allowance (DA) to 125 per cent from existing 119 per cent, which would benefit its over 10 million employees and pensioners.

“Average rate of Consumer Price Index-Industrial Labour from January to December, 2015 was 6.73 per cent. Thus, the Centre will increase dearness allowance by six percentage points to 125 per cent from existing 119 per cent as per accepted formula for calculation,” Confederation of Central Government Employees and Workers President K K N Kutty told PTI.

The new rate of DA will be implemented from January 1, 2016, which will be applicable for 4.8 million central government employees and 5.5 million pensioners.

DA is paid as a proportion of basic pay of employees.

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Federation News

Proposed revision of Recruitment Rules (RRs) of Staff Car Driver (Special Grade) Group 'B'- regarding To Read more CLICK HERE. 

Proposed revision of Recruitment Rules (RRs) of Higher Selection Grade - I in Savings Bank Control Organisation (HSG-I in SBCO) – regarding  To Read more CLICK HERE.

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The need for fixing the minimum wages at Rs 26,000/- and modifying the multiplying factor was explained in detail with full justification.

NFIR

National Federation of Indian Railwaymen

3, CHELMSFORD ROAD, NEW DELHI – 110 055

No: II/95/Pt VIII

Dt:19th February, 2016

MESSAGE

On the Invitation of Shri R.K. Chaturvedi, Convener, Implementation Cell, Ministry of Finance Dr M. Raghavaiah, Chairman/NJCA & GS/NFIR and Shri Guman Singh, Member/NJCA & President/NFIR representing Central Government Federations/Associations attended the meeting at North Block, New Delhi at 11.00AM on 19th February 2016 and explained NJCA’s 1 to 26 charter of demands with full justification for every demand.

The need for fixing the minimum wages at Rs 26,000/- and modifying the multiplying factor was explained in detail with full justification. The leaders drew the attention of Shri Chaturvedi to Page No 63 of 7th CPC which is as follows:

(in percent)

II CPC	14.2
III CPC	20.6
IV CPC	27.6
V CPC	31.0
VI CPC	54.0
VII CPC	14.3

It is clear from above that the pay rise is only 14.3% in 7th CPC, which is causing lot of resentment and unrest among 34 lakh Central Govt Employees belonging to Railways, Defence, Postal etc., Mr R.K. Chaturvedi assured to explain the views expressed by NJCA leaders to the Cabinet Secretary and stated that within 10-15 days a meeting between NJCA, Empowered Committee and the Implementation Cell will be held for further discussions.

The NJCA leaders made it ample clear that in the event of No Negotiated Settlement all the central government employees will be compelled to serve Strike Notice on 11th March 2016 and proceed on strike from 6.00AM on 11th April 2016.

As already decided by NJCA all the Central Govt Employees must prepare themselves for Indefinite Strike from 11th April 2016.

sd/-

(Marri Raghavaiah)

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Brief of the NJCA meeting held on 19.02.2016

NATIONAL JOINT COUNCIL OF ACTION,
4, STATE ENTRY ROAD, NEW DELHI-110055          No.NJCA/2016                                                      19.02.2016
Dear Comrades,
Sub: Brief of the NJCA meeting held on 19.02.2016 with the
         Convener, Implementation Cell, Ministry of Finance
         (Government of India), reg. 7th CPC recommendations
         and Charter of Demands of the NJCA
A meeting of the NJCA held today with the Convener, Implementation Cell, Ministry of Finance, Shri R.K. Chaturvedi, wherein we discussed and emphasized on all the 26-point Charter of Demands of the NJCA send to the Cabinet Secretary on 10.12.2015.
We agitated the issues of NPS, Minimum Wage, Multiplying Factor, deduction of HRA and all other important issues.
The Convener, Implementation Cell, Shri Chaturvedi, after hearing everybody, said that, he would put-up the issues to the Cabinet Secretary, and hopefully a meeting of the JCA would be held with the Cabinet Secretary and the Empowered Committee shortly within 15 days.
Let us not leave any stone unturned for preparations of the strike.
With Best Wishes! 

Shiva Gopal Mishra 

Convener

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Mark list of Postman/Mail Guard Direct Recruitment Examination held on 15/11/2015, in Tamilnadu Postal Circle.

1. The list of candidates selected for each Division will be published shortly 

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Latest developments in 7th pay commission implementation will be known after NJCA meeting

One of the NJCA Leader told that the internal Meeting of NJCA scheduled to be held today at 05.00 PM has been postponed tomorrow 19-2-2015 at 9.00 AM.

Further he added that until they meet Implementation Cell tomorrow, they have nothing to tell about the developments in Implementation of 7th Pay Commission. “We must first know the views of Central Government before come to any conclusion “ he said.

When we asked him about the Rumors that ‘PMO has told the Empowered Committee to speed up the process of implementation of 7th Pay commission recommendation’ and ‘30 Percent increase is recommended by Empowered Committee in Basic Pay’, annoyed at hearing this rumors, he told, “Many stories like this is being circulated in News Media for unknown reasons.”

“But we are the Stake holders, we are not informed anything about this development. We are invited for the meeting tomorrow by 7th CPC implementation Cell. Only after attending the meeting, we will be able to tell about the recent developments in settling our Charter of Demands submitted to Cabinet Secretary. 26 demands pertaining to Modification of 7th CPC recommendation also has been included in the Charter of Demands” He added.

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LTC guideline for central employees

DOPT clarifies procedure of LTC claims and introduced a self certificate form to avail LTC.A exhaustive guideline has also been issued for the benefit of employees for early settlement of claims.
  Click here for the O.M. dated 18.02.2016
  Guidelines :1. Please ensure that you have applied for leave and submitted the self-certification form to your Administration before the LTC journey is undertaken.

2. Please check your eligibility before applying for LTC. LTC to Home Town can be availed once in a block of two years and LTC to Any Place in India may be availed once in a four year block. If not availed during these blocks, the LTC may also be availed in the first year of the following block.

 3. Please note that the current two year block is 2016-17 and the current four year block is 2014-17.

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7th Pay Commission –Prime Minister Narendra Modi has ordered officials to Speed up Process

7th Pay Commission Latest News – PMO Orders to Speed up Process – There is indication that the Empowered Committee is also positively mulling the demand of central government employees for hiking the minimum pay.

The government will issue the Seventh Pay Commission award notification soon to facilitate central government employees salaries with regard to inflation, the Prime Minister’s office (PMO) official said on Monday.

The Prime Minister’s Office (PMO) asked the Empowered Committee of Secretaries to process the review of the Seventh Pay Commission recommendations as soon as possible for taking cabinet nod, the PMO officials also said.

“But in case it’s not issued this month, it will be issued after budget. Usually it takes around two or more month to issue a notification,” he added.

Reportedly, Prime Minister Narendra Modi has ordered officials to speed up review process so that it could be implemented soon. Modi has asked Committee of Secretaries to provide maximum possible benefits to the employees.

Sources indicate, Cabinet Secretary P K Sinha headed empowered committee which was appointed to overview whole process has been told to accept pay commission’s recommendations without diluting them.

One of the officials was quoted by the Express News as saying, “The committee has been told to address the genuine concerns raised by stakeholders and accommodate their demands as much as possible. Although, there is indication that the committee may suggest some changes keeping in mind representations from middle and junior level, the decision will be taken after consultations with all the stakeholders. The entire process will take a couple of months”.

There is indication that the Empowered Committee is also positively mulling the demand of central government employees for hiking the minimum pay, which was recommended very low by the Seventh pay commission.

Sources also said that the cell wants to make up pay gap between employees and higher officers and to recommend to hike Basic salary at least to Rs 20,000 from Rs 18,000 recommended by the Seventh pay commission.

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Dismissed Staff Entitled to Encashment of EL/PL: Madras High Court

Employees dismissed from service after the conclusion of disciplinary proceedings initiated against them are also entitled to encashment of ‘Earned/Privilege Leave’ that they had accumulated to their credit over the years, the Madras High Court Bench here has ruled.

Justice D. Hariparanthaman passed the order while allowing a writ petition filed by the dismissed General Manager of Thanjavur District Central Cooperative Bank since he was denied the benefit on the ground that it would be accorded only to those who retire from service on attaining the age of superannuation.

The judge came to the conclusion after taking a cue from a decision rendered by a Full Bench of the Punjab and Haryana High Court on November 9, 2012 wherein it was held that employees can encash their earned leave on the day of retirement irrespective of the pendency of disciplinary proceedings.

“The reason given by the Full Bench is that Earned Leave encashment is a right equal to the right to property guaranteed under Article 300 A of the Constitution and the same cannot be deprived illegally. Hence, the encashment of the same cannot be deprived on dismissal from service,” he said.

Recording that the petitioner, T. Veeravinothan, had 138 days of Earned Leave to his credit since he had joined the bank in 1976 and was dismissed in 2010, just two years before his retirement, the judge directed the bank to disburse the corresponding amount working out to over Rs. 2.28 lakh within six weeks.

The judge came to the conclusion after taking a cue from a decision rendered by a Full Bench of the Punjab and Haryana High Court

Source : http://www.thehindu.com/

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Grant of Flood Advances for areas affected by Natural calamity in Tamilnadu

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SSA Deposit பணம் தவறுதலாக வேறு கணக்கில் சேர்ந்து விட்டதா ? கவலை வேண்டாம்

SSA கணக்கு Deposit பணம் தவறுதலாக வேறு கணக்கில் சேர்ந்து விட்டதா ? இனி கவலை வேண்டாம் இதோ எளிய முறையில் மாற்றலாம்.

India Post Finacle Guide for SSA Wrong Deposit Reversal

Sukanya accounts are by default Debit frozen in finacle. If you make excess or wrong deposits into sukanya you cannot withdraw them. If you have to withdraw the amount then at first you have to unfreeze it. Below is the India post finacle guide for SSA wrong deposit rectification.

Step By Step Procedure in Detail - India Post Finacle Guide

1. Invoke HAFSM menu

2. Function - Unfreeze

3. Enter A/C ID

4. Click on GO (F4)

5. Select the required A/C numbers

6. Click on SUBMIT (F10)

7. Verify the transaction in the same menu in supervisor login

After unfreezing the account withdraw the excess or wrong deposit amount using CTM and verify. After withdrawal is over we have to debit freeze the account. Follow the procedure to debit freeze the account.

1. Invoke HAFSM menu

2. Function – Debit Freeze

3. Enter A/C ID or CIF id

4. Enter Freeze Reason Code

5. Click on GO (F4)

6. Select the required A/C number

7. Click on SUBMIT (F10)

8. Verify the transaction in the same menu in supervisor login

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Interest Rates of Small Saving Schemes to be recalibrated w.e.f. 1.4.2016

Interest Rates of Small Saving Schemes to be recalibrated w.e.f. 1.4.2016

Press Information Bureau 
Government of India
Ministry of Finance

16-February-2016 19:10 IST

Interest Rates of Small Saving Schemes to be recalibrated w.e.f. 1.4.2016 on a Quarterly Basis to align the small saving interest rates with the market rates of the relevant Government securities;

Interest rate on savings schemes based on laudable Social Development or Social Security Goals including Sukanya Samriddhi Yojana, the Senior Citizen Savings Scheme and the Monthly Income Scheme left untouched by the Government. 

            The National Savings Schemes (NSSs) regulated by the Ministry of Finance offer complete security of investment combined with high attractive returns. These schemes also act as instruments of financial inclusion especially in the geographically inaccessible areas due to their implementation primarily through the Post Offices, which have reach far and wide. 

            The small savings interest rates are perceived to limit the banking sector’s ability to lower deposit rates in response to the monetary policy of the Reserve Bank of India.  In the context of easing the transmission of the lower interest rates in the economy, the Government also has to take a comprehensive view on the social goals of certain National Small Savings Schemes.  Accordingly, it has been decided that the following shall be implemented with effect from 1.4.2016 with regard to National Savings Schemes:

  1.  The Sukanya Samriddhi Yojana, the Senior Citizen Savings Scheme and the Monthly Income Scheme are savings schemes based on laudable social development or social security goals.  Hence, the interest rate and spread that these schemes enjoy over the G-sec rate of comparable maturity viz., of 75 bps, 100 bps and 25 bps respectively have been left untouched by the Government. 

 2.  Similarly the spread of 25 bps that long term instruments, such as the 5 yr Term Deposit, 5 year National Saving Certificates and Public Provident Fund (PPF) currently enjoy over G-Sec of comparable maturity, have been left untouched as these schemes are particularly relevant to the self-employed professional and salaried classes.  This will encourage long term savings.

 3.  The 25 bps spread that 1 yr., 2yr. and 3 yr. term deposits, KVPs and 5 yr Recurring Deposits have over comparable tenure Government securities, shall stand removed w.e.f. April 1, 2016 to make them closer in interest rates to the similar instruments of the banking sector.  This is expected to help the economy move to a lower overall interest rate regime eventually and thereby help all, particularly low-income and salaried classes.

4.  The interest rates of all small saving schemes would be recalibrated w.e.f. 1.4.2016 on a quarterly basis as given under, to align the small saving interest rates with the market rates of the relevant Government securities;

Sr. No.	Quarter for which rate of interest would be effective	Date on which the revision would be notified	Rate of interest to be based on FIMMDA month end G-Sec. rate pertaining to
1.	April to June	15th March	Dec.-Jan.-Feb.
2.	July to September	15th June	Mar.-Apr.-May.
3.	October to December	15th September	Jun.-Jul.-Aug.
4.	January to March	15th December	Sep.-Oct.-Nov.

       5.   The compounding of interest which is biannual in the case of 10 yr National Saving Certificate (discontinued since 20-12-2015), 5 yr National Saving Certificate and Kisan Vikas Patra, shall be done on an annual basis from 1.4.16.

     6.        Premature closure of PPF accounts shall be permitted in genuine cases, such as cases of serious ailment, higher education of children etc,. This shall be permitted with a penalty of 1% reduction in interest payable on the whole deposit and only for the accounts having completed five years from the date of opening.

7.  In pursuance to the decision as mentioned in Para 4 above, the rates of interest applicable on various small savings schemes for the quarter from April to June 2016 effective from 1.4.2016 would be notified in March, 2016.

            The above changes have been brought with the objective of making the operation of National Saving Schemes market-oriented in the interest of overall economic growth of the country, even while protecting their social objectives and promoting long term savings.

 Source : http://pib.nic.in/newsite/PrintRelease.aspx?relid=136468

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Postal services to Nepal resume

Raxaul: Postal services resumed from India to Nepal through Raxaul, a key trade and entry point on Indo-Nepal border, on Monday after six months.

The service was disrupted following the Madhesi movement started by the United Democrat Madhes Front (UDMF), who enforced a blockade at entry points of southern border of Nepal for fulfilment of its 11-point demands.

Sources said letters, registered and other posts to Nepal from different countries reach Nepal via India since 1937. All postal bags for Nepal are first received at Raxaul post office from where the Nepal postal department collects them.

Raxaul postal inspector Mithlesh Kumar told TOI that 1200 bags meant to be delivered in Nepal were dumped at the Raxaul post office since July last following the blockade at Maitri bridge at Birgunj by Madhes protesters.

"From British time, all mail bags of Nepal go via Raxaul custom entry point as Kathmandu, the capital of Nepal is only 100 km away from here," said Kumar.

On Monday, the Nepal postal department collected 77 postal bags from Raxaul post office and the rest are to be transported on day-to- day basis.

After opening of Maitri bridge on February 5, situation fast returned to normal in Nepal and terai areas. Fuel and other essential commodities are also being supplied from India day through Raxaul customs check post.

Source: http://timesofindia.indiatimes.com/city/patna/Postal-services-to-Nepal-resume/articleshow/51015603.cms

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போராட்ட அறிவிப்புக்கு பிறகு பணிகிறது மத்திய அரசு.

                ஏறத்தாழ இரண்டு மாதங்களுக்கு முன்பு NJCA குழு 7வது ஊதிய குழு மீதான தாங்கள் எதிர்ப்பை பதிவு செய்து மத்திய அமைச்சரவை குழுவுடன் பேச்சு வார்த்தைக்கு  வேண்டுகோள் விடுத்தது.  

         ஆனாலும் தொடர்ந்து மவுனம் சாதித்த மத்திய அரசு தற்போது 11.04.2016 முதல் காலவரையற்ற போராட்ட நடத்த விடுத்த அறைகூவலுக்கு பிறகு பணிகிறது.

Finance Ministry invites NJCA to discuss over 7th Pay commission recommendations on 19.2.2016

The Official Sources Close to the Finance Ministry told that a Meeting with National Joint Council of Action to be held on 19th February 2016 on the issues of 7th Pay Commission and Charter of Demands of NJCA.

It is informed that Convener, 7th Pay Commission Implementation Cell has fixed Meeting with NJCA on 19th February 2016 at North Block to discuss about the matters pertaining to 7th CPC recommendations and Charter of Demands of NJCA. The timing of the meeting scheduled itself has reveals its importance.

It is expected that, since the Meeting is scheduled before the Budget Session, some news about implementation of 7th pay commission may be announced in Budget or at least we are able to know the latest development about 7th cpc implementation after the Meeting.

An internal meeting of NJCA will also be held on 18.2.2015 before they attend the meeting with Finance Ministry.

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