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

ஜூலை முதல் வட்டி விகிதம் மீண்டும் 0.1% குறைப்பு

Tuesday, 12 April 2016

LSG Promotions VI List released.

ஓராண்டிற்குள் தொடர்ச்சியாக ஆறாவது முறையாக LSG  பதவி உயர்வு பட்டியல் வெளியிடபட்டுள்ளது. இது  வரை சுமார் 525 பேர் இந்தாண்டில் பதவி உயர்வு பெற்றுள்ளனர். அவர்களுக்கு நமது தேசிய சங்கத்தின் மனமார்ந்த வாழ்த்துக்கள் .
 

 

சொத்து கணக்கை சமர்பித்துவிட்டீர்களா ?

Declaration of Assets and Liabilities by Public Servants under section 44 of the Lokpal and Lokayuktas Act, 2013 - Filling of Returns by public servants on or before 15th April, 2016 - regarding.

To view please Click Here.

i.The first return as on 1st August, 2014 under the Lokpal and Lokayuktas Act, 2013 should be filed on or before the 15th April, 2016.
 
ii. The next return as on 31st March, 2015, under the Lokpal and Lokayuktas Act, 2013 should be filed on or before the 15th April, 2016.

iii. The annual return as on 31st March, 2016 under the Lokpal and Lokayuktas Act, 2013 should be filed on or before 31st July, 2016.

iv.The annual return for subsequent years as on 31st March every year should be filed on or before 31st July of that year.

India Post to keep PM posted on bank plans Prime Minister Narendra Modi will hold a meeting with senior officials of the Department of Posts, or India Post, to take stock of its preparedness to roll out its payments bank.

“The Prime Minister has asked for a presentation on the payments bank before it is taken up in the Cabinet. The presentation is expected to be made on April 14,” a senior Telecom Ministry official said.
Mr. Modi will be updated on the other initiatives of the department, including digitisation and e-commerce services.
The meeting will be attended by India Post officials, including its Secretary, Kavery Banerjee.
The Public Investment Board has approved the Rs. 800-crore proposal of India Post, and it is expected to come up for Cabinet approval in the next 15 days.
India Post has selected Deloitte to advise it on setting up the payments bank, which is expected to be operational by March 2017.
License
India Post was among the 11 entities to have received licences for setting up the payments bank from the Reserve Bank of India last year.
As many as international financial conglomerates, including the World Bank and Barclays, have shown interest to partner the postal department for setting up the bank.

Monday, 11 April 2016

50 % of 7th Pay Commission Arrears to be Invested in Bond

New Delhi: The central government is considering a proposal under which 50% of arrears of higher-income central government employees under the 7th Pay Commission will be compulsorily invested in bank capitalization bonds. The proceeds will be used to recapitalise banks without additional pressure on the fiscal.
While this will result in less cash in the hands of higher-income employees, as a sweetener they will get income tax rebate on the amount invested.
A finance ministry official confirmed that preliminary discussions around this proposal were held at a meeting on Thursday, but no decision on its implementation was taken. “The issue was discussed. We are looking at all options,” he said.
“The proposal entails that through a provision under Income Tax Act, tax rebate should be offered to all employees receiving extra salary income through pay commission in the year 2016-17 and 2017-18, provided the money is invested in the bond,” added the official.
The government will have to additionally shell out Rs 40,000-50,000 crore annually on account of implementation of the seventh pay commission recommendations with effect from January 1, 2016.
If this proposal is accepted, a portion of this money will be used to capitalize banks.
According to finance ministry estimates, state-run banks will require Rs 1.8 lakh crore of additional capital in the next four financial years, of which Rs 70,000 crore will be provided by the government.
The government has budgeted Rs 25,000 crore for bank capitalisation in the current fiscal. While the government has said it has made adequate provision in the Budget to cover the extra spending on account of the pay commission recommendations, analysts reckon it is not adequate and full implementation of award will make it difficult to achieve the fiscal deficit target of 3.5% of GDP.
“Increase in government employee wages and pension expenditure on account of seventh pay commission recommendations is not fully provided for in the Budget,” Morgan Stanley had said in a report.
The proposal currently under consideration gives the government the leeway to meet both its pay commission and bank capitalisation commitments without putting the fiscal deficit target under threat. Bonds will provide the exchequer some wriggle room. The payment will become due when bonds mature, leaving the government with only the interest payment liability in the current fiscal.
The flip side is that the proposed scheme could annoy government employees expecting a greater take-home pay. Hence the scheme has a tax exemption lollipop.
A second government official said this amount will be used to recapitalise banks through a special bank capitalisation fund that will invest in perpetual non-redeemable preference shares issued by banks. Banks will pay 5.1% dividend that is also proposed to be exempted from the dividend distribution tax. The fund will in turn pay 5% interest to government employees, retaining 0.1% as administrative charge.
“This interest income will also be tax free for government employees,” he said, which will increase the effective yield. The government will eventually pay back the amount in four equal investments after 8, 9, 10 and 11years, spreading the fiscal burden of repayment over that period. It will guarantee payment of 5% interest and repayment of deposits irrespective of whether the banks pay the dividend or not, the official added.
Source:https://www.tkbsen.in/2016/04/50-percent-of-7th-pay-commission-arrears-to-be-invested-in-bond/

2006 முன்பு ஓய்வு பெற்ற ஓய்வுதியதாரர்களின் சட்ட போராட்டத்தின் இறுதி வெற்றி

Delinking of revised pension from qualifying service of 33 years for pre-2006 pensioners – Pension arrears from 1.1.2006

Revision of pension of pre-2006 pensioners - delinking of revised pension from qualifying service of 33 years

No.38/37/08-P&PW (A)
Government of India
Ministry of Personnel, PG & Pensions
Department of Pension & Pensioners’ Welfare

3rd Floor, Lok Nayak Bhawan
Khan Market, New Delhi-110 003
Dated the 06th April, 2016

OFFICE MEMORANDUM

Sub:- Revision of pension of pre-2006 pensioners — delinking of revised pension from qualifying service of 33 years.

The undersigned is directed to say that as per Para 4.2 of this Department’s OM of even number dated 1.9.2008 relating to revision of pension of pre-2006 pensioners w.e.f. 1.1.2006, the revised pension w.e.f. 1.1.2006, in no case, shall be lower than 50% of the sum of the minimum of pay in the pay band and the grade pay thereon corresponding to the pre-revised pay scale from which the pensioner had retired. A clarification was issued vide DoP&PW OM of even number dated 3.10.2008 that the pension calculated at 50% of the minimum of pay in the pay band plus grade pay would be calculated at the minimum of the pay in the pay band (irrespective of the pre-revised scale of pay) plus the grade pay corresponding to the pre-revised pay scale.

2. Several petitions were filed in the Central Administrative Tribunal, Principal Bench, New Delhi inter alia claiming that the revised pension of the pre-2006 pensioners should not be less than 50% of the minimum of the pay band + grade pay, corresponding to the pre-revised pay scale from which pensioner had retired, as arrived at with reference to the fitment tables annexed to Ministry of Finance, Department of Expenditure OM No. 1/1/2008-IC dated 30th August, 2008, Hon’ble CAT, Principal Bench, New Delhi vide its common order dated 1.11.2011 in OA No.655/2010 and three other connected DAs directed to re-fix the pension of all pre-2006 retirees w.e.f. 1.1.2006 based on the Resolution dated 29.8.2008 of the Department of Pension & Pensioners’ Welfare and in the light of the observations of Hon’ble CAT in that order.

3. Orders were issued vide this Department’s OM of even number dated 28.1.2013 for stepping up of pension of pre-2006 pensioners w.e.f. 24.9.2012 to 50% of the minimum of pay in the pay band and grade pay corresponding to pre-revised pay scale from which the pensioner retired. Para 5 of this OM provides that in case the consolidated pension/family pension calculated as per para 4.1 of O.M. No.38/37/08- P&PW (A) dated 1.9.2008 is higher than the pension/family pension calculated in the manner indicated in the O.M. dated 28.1.2013, the same (higher consolidated pension/family pension) will continue to be treated as basic pension/family pension.

4. Subsequently, in compliance of the order dated 1.11.2011 of the Hon’ble CAT, Principal Bench in OA No. 655/2010, order dated 29.4.2013 of Hon’ble High Court of Delhi in WP (C) No. 1535/2012 and order dated 17.3.2015 of Hon’ble Supreme Court in SLP (C) No. 36148/2013, order were issued vide this Department’s OM of even number dated 30.7.2015 that the pension/family pension of all pre — 2006 pensioners/family pensioners may be revised in accordance with this Department’s O.M. No.38/37/08-P&PW(A) dated 28.1.2013 with effect from 1.1.2006 instead of 24.9.2012.

5. In accordance with the order issued in implementation of the recommendation of the 6th CPC, the pension of Government servants retired/retiring on or after 1.1.2006 has been delinked from qualifying service of 33 years. In OA No. 715/2012 filed by Ski. M.O. Inasu, a pre-2006 pensioner, Hon’ble CAT, Ernakulam Bench, vide its order dated 16.8.2013 directed that the revised pension w.e.f. 1.1.2006 under para 4.2 of OM dated 1.9.2008 would not be reduced based on the qualifying service of less than 33 years. The appeals filed by Department of Revenue in the Hon’ble High Court of Kerala and in the Hon’ble Supreme Court have also been dismissed. Similar orders have been passed by Hon’ble CAT/High Court in several other cases also.

6. The matter has been examined in consultation with the Ministry of Finance (Department of Expenditure). It has-now been decided that the revised consolidated pension of pre-2006 pensioners shall not be lower than 50% of the minimum of the pay in the Pay Band and the grade pay (wherever applicable) corresponding to the pre-revised pay scale as per fitment table without pro-rata reduction of pension even if they had qualifying service of less than 33 years at the time of retirement. Accordingly, Para 5 of this Department’s OM of even number dated 28.1.2013 would stand deleted. The arrears of revised pension would be payable with effect from 1.1.2006.

7. Ministry of Agriculture, etc. are requested to bring the contents of these orders to the notice of Controller of Accounts/Pay and Accounts Officers and Attached and Subordinate Offices under them for revising the pension of all those pre -2006 pensioners who had rendered less than 33 years of qualifying service at the time of retirement in the manner as indicated above on top priority. Revised Pension Payment Orders in all these cases may also be issued immediately.

8. All pension disbursing offices/banks are also advised to prominently display these orders on their notice boards for the benefit of pensioners.

9. This issues with the approval of Ministry of Finance, Deptt. of Expenditure vide ID Note No. 2(9)/EV/2015, dated 15.3.2016.

10. Hindi version will follow.

sd/-
(Seema Gupta)
Deputy Secretary to the Government of India


Authority: www.pensionersportal.gov.in

Saturday, 9 April 2016

ஹி...... ஹி...... ஹி...... ஹி......


ஒருமுறை அல்ல இருமுறை உரிய இடத்தில் அமர்த்தி அழகு பார்த்தது தேசிய சங்கம்.
எந்நன்றி கொண்டார்க்கும் ஊய்வுண்டாம்  உய்வில்லை  .........(?)......... 
இது வள்ளுவன் வாக்கு
 ===========

வஞ்சகன் யார் ? என்பதை ஊரறியும் 
அட மேட்டருக்கு வருவோம்............... 
சபாஷ் !    புள்ளிராஜா  அண்ணா !
தான் கீழே விழுந்தாலும் மீசையில் மண் ஒட்டவில்லை   என்பது  நம்ம புள்ளிராஜா ..........
தன்னை நம்பியவரை நட்டாற்றில் விடுவது புள்ளிராஜாவுக்கு இது புதிதல்ல.....
                                                                                                        இது முதலுமல்ல .....
நல்லவேளை  தேசிய சங்கத்தினரை மாற்றவே நான்தான் கோவில்பட்டி வாங்கி கொடுத்தேன் என்று சொல்லாமல் போனாரே .................  


உன்னைப்போல அல்ல தன சுயலாபத்துக்காக தன்னை நம்பியவனையே காட்டி கொடுப்பது  உதயாவின் தொழில் அல்ல !
அரண்டவனுக்கு இருண்டதெல்லாம் பேய் என்பது இப்போது தெரிகிறது.

Friday, 8 April 2016

யுகாதி வாழ்த்துக்கள்

யுகாதி பண்டிகையை கொண்டாடும் தெலுங்கு மொழி  மக்களுக்கு அனைவருக்கும் புத்தாண்டு நல்வாழ்த்துக்கள்

DA from Jan 2016 - 6% - MF Order released

Finmin Orders : Dearness Allowance from Jan 2016 to Central Government Employees and Pensioners


Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 01.01.2016(32 KB)PDF File Opens in a new window[Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 01.01.2016

No.1/1/2016-E-II (B)
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated the 7th April, 2016

OFFICE MEMORANDUM

Subject: Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 1.1.2016.

The undersigned is directed to refer to this Ministry’s Office Memorandum No. 1/3/2015-E-II (B) dated 23rd September, 2015 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 119% to 125% with effect from 1st January, 2016.

2. The provisions contained in paras 3, 4 and 5 of this Ministry’s O.M. No. 1(3)/2008-E-ll(B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.

3. The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government employees.

4. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In regard to Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.

5. In so far as the employees working in the Indian Audit and Accounts Department are concerned, these orders are issued with the concurrence of the Comptroller and Auditor General of India.

sd/-
(Nirman Dev)
Deputy Secretary to the Government of India

Click to view the Finmin Order




Thursday, 7 April 2016

7 வது ஊதிய குழு சம்பந்தமாக வதந்திகளை பரப்பும் வலையதளங்கள் மற்றும் ஊடகங்கள்.

Vague News about implementation of 7th CPC recommendation is Posted in Internet
              Any news about implementation of 7th pay commission recommendation is the Hottest topic of discussion at all offices of Central Government. To encash this interest of Central Government servants, all the Media has focused on publishing vague news about latest development in 7th pay commission. To what extent it is true is debatable issue. But whatever the news posted in Social Media and News Media about the seventh CPC recommendation never missed to draw the attention of Central Government employees. 
             Just two lines are enough to make a hot news to publish to attract the attention of viewers. Readers has to verify whether the news published on pay panel report is true or not.A news published recently in a Reputed News Website says that the Empowered Committee would propose Minimum Pay Rs.20000/-.The article states, “According to reports, the Empowered Committee of Secretaries (CoS) is planning to propose a minimum pay of Rs 20,000 instead of Rs.18,000 as proposed earlier”.But there was no point in that article that on which basis the minimum pay would be fixed at Rs.20000/-. 
           These type of imprecise news are keep coming in many news blogs now. The NCJCM Staff side said that the ECoS has just observed the concerns raised by them in the Meeting. They insisted that Minimum Pay should be raised to Rs 26000/- instead of Rs 18000. In fact, is was told that the ECoS has not been given any power to commit any thing on modifying the recommendations.  The next one is the news about implementation date of 7th Pay commission recommendations.
           The Central Government has already appointed a High Level Committee to review the recommendations and the Meeting with Stakeholders are being held recently. Whenever it completes its task it will prepare a report and it will be sent to Cabinet Committee of Ministers. Only after the approval of the Cabinet Committee, Notification in this regard may be issued.  
           The committee has not been given any time frame to complete its work. But the Social and News Media are flooded with the news about the date of implementation of 7th CPC recommendations. Starting form May 21st, June, July and up to September 2016 are the dates suggested by the Media to implement the Pay panel report. It appears that they are all mere cooked up stories. 
           The only reliable sources to tell about the decision of Government are NCJCM Staff Side and Government Officials. But None of them so for made any statement about tentative date of issuing Notification for implementation of pay commission. So let us wait sometime to know the actual development and hope it will be come out soon.

Wednesday, 6 April 2016

Status of Cadre Review Proposal

Status of Cadre Review Proposal as on 31.03.2016

No improvement for the last (3) Three months.  Still in the table of Department.

என்று கலையும் இவர்களின் மவுனம் ?

Promotion List to HSG I and PM Gr III

Promotion List from HSG II to HSG I on Regular basis ordered in Tamilnadu Circle.

 Postmaster Grade III promotions ordered in Tamilnadu Circle.

Modernization of Service Book

Modernization of Service Book 
Service-Book-Format. Click the above link to view.

Socio-economic survey of BOs - regarding names of BOs to include in the sample survey

GDS Committee ஆரம்பமெல்லாம் நல்லாதான்யா இருக்கு..............
 
Dear Friends,

            The GDS Committee is proposing to conduct a socio-economic survey of selected Branch post offices and Gramin Dak Sevaks to collect the information.  For the purpose, a sample size of 1500 Branch Post offices have been identified, with proportionate representation, with the help of the Circles.
Since the Committee considers Federations / Unions as important stakeholders in the entire process, it is decided that approximately 10% of the BOs which will be surveyed should be identified by Federations / Unions. 
In view of the above, it is requested to kindly send names of two BOs from each Circle (maximum 50) to include them in the sample size.  The BOs selected should be representative of the overall existing conditions of BOs in the country. The names should reach us by 14.4.2016 in the following format, as we have planned a work shop for nodal officers from the Circles on 19.4.16 at RAKNPA. 

Name of the BO
Name of the division and region
Name of the Circle

Regards
--
Tanweer Qamar Mohammad
Secretary GDS Committee
Malcha Marg Post Office
Malcha Marg, Chanakyapuri
New Delhi - 110021
Mob: 00918800233411
           tqmohd@yahoo.com

Government again commits to comply with CAT Judgement for revision of Pension of Pre 2006 Pensioners with less than 33 years service. But seek more time for compliance.

    Orders are likely to be issued early for full Pension to the Pre-2006 Pensioners who retired after 10 years of service on superannuation or 20 years of service on Voluntary retirement or on absorption in PSUs. Their pension shall be revised as per judgment of CAT New Delhi instead of Pro-Rata Pension.

    Govt. advocate, while replying to the Contempt Petition filed by CGSAG (S-29) Pensioners Association-vs-UOI, had agreed in CAT New Delhi on 16-2-16, to implement within 4 weeks the CAT judgements (dated 21-4-2015 in OA 1165/2011 & Dated 22-1-2016 in OA 2165/2011, RA 165/2015 & 175/2015).

    In the hearing of the Contempt Petition in the CAT on 31-3-2016, the Govt. Advocate sought more time to submit compliance orders on the judgment. The next date for hearing was fixed on  25th May, 2016.

    Earlier, the Department of Expenditure, wanted to restrict the said benefit to the Petitioners, but finally agreed in a Meeting with Staff Side JCM on 10-3-2016, to reconsider the matter in view of the opinion of Deptt. of Legal Affairs for implementation of the CAT orders.

Proposals on Child Care Leave (CCL) and Maternity Leave

Proposals on Child Care Leave (CCL) and Maternity Leave
No. 13018/1/2014-Estt(L)
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel & Training
Old JNU Campus, New Delhi 110 067
Dated: 01.04.2016
OFFICE MEMORANDUM
Subject:-Proposals on Child Care Leave (CCL) and Maternity Leave — Reg.
This is regarding proposals on the subject of Maternity Leave and CCL that are under consideration in this Department. In this connection, a workshop was held in DoPT on 28.01.2016 with the stakeholder Departments on the following issues and the consensus emerged as follows:
(a) Maternity/CCL in case of surrogacy: There is no provision at present for any kind of Leave for surrogate/commissioning mothers. It is proposed that 180 days maternity leave may be granted to the surrogate as well as commissioning mothers, in case either/both of them are Government servants. The commissioning mother also requires time for bonding with her child and to take care of him/her and hence would also become eligible for Child Care Leave. Paternity Leave may also be granted in case of surrogacy.
(b) Age Limit for CCL in case of disabled children: It is proposed that the age limit for CCL in case of disabled children needs to be done away with since the requirement of parental care may be more/stronger when the disabled child grows older. It may therefore be allowed to provide for CCL in the case of disabled children — the ‘disability’ being clearly defined by the Ministry of Social Justice & Empowerment – without any age limit provided the maximum CCL that can be availed remains within the ceiling of 730 days.
(c) Leaving HQ/availing LTC while on CCL: At present leaving headquarters or availing LTC are not permissible during CCL. The underlying intent of CCL is to allow care of up to two children whether for rearing or to look after any of their needs like examination, sickness etc. Thus, it is not restricted to exam and sickness alone. Taking care may also include ensuring their rest and recreation and towards that objective leaving headquarters or availing LTC can be allowed. It is thus proposed that the employees may be permitted to leave headquarters/avail LTC while they are on CCL, provided clearances from appropriate competent authorities are taken while proceeding on foreign travel.
(d) CCL minimum for at least five days: Vide this Department O.M. No.13018/6/2013-Estt.(L) dated 5 th June, 2014 the stipulation of the requirement of minimum period of 15 days’ CCL has been removed. It is now proposed to introduce a minimum period of five days of CCL i.e., CCL henceforth may not be granted for less than 5 days.
2. Comments on the above proposals are solicited please.
(Mukul Ratra)
Director

Compulsory Retirement – Cracking down on CG Employees

Compulsory Retirement – Cracking down on CG Employees – While there was always a rule to compulsorily retire bureaucrats, the rule applies to only those who are at least 50 years old.
CG employees may get 3-4 times the salaries of their private sector counterparts, especially at the lower-to-medium levels, but the security of tenure that they enjoyed is now under threat because of the compulsory retirement threat.
A study for the 7th Pay Commission found a fresh government nurse earned 3.4 times her private sector counterpart, a teacher 2.7 times and a driver 2.3 times. While there was always a rule to compulsorily retire bureaucrats,the rule applies to only those who are at least 50 years old – on grounds of either corruption or inefficiency, this has rarely been used.
According to The Economic Times that reported the use of an obscure Rule 56(j) to sack 15 customs and central excise officials —including two at the level of commissioners—this was last invoked three decades ago. Indeed, a few months before it demitted office in 2014, the UPA government reiterated the rule, but it did precious little about it. The NDA reissued the order last September, but made its intentions clear since, while doing so, the order excerpted various Supreme Court judgments on this – in other words, CG employees were warned that the highest court in the land had ruled in favour of this in the past.
In the case of State of Gujarat vs Umedbhai M Patel, the SC had ruled that “whenever the services of a public servant are no longer useful to the general administration, the officer can be compulsorily retired for the sake of public interest”. It then went on to say, according to the DoPT circular, “For better administration, it is necessary to chop off dead wood, but the order of compulsory retirement can be passed after having due regard to the entire service record of the officer.”
Since the exercise is believed to have been kicked off at the instance of the Prime Minister’s Office, chances are that several more employees may be shown the door.

India Post to launch own e Commerce Portal

Directly stepping into the cyber world, India post is going to launch its own e-commerce portal in the shape of those like Amazon or eBay soon. The aggressive step of India Post, world's largest postal service, is a part of its massive IT based modernization initiative worth Rs 5,000 crore.

"At planning and designing phase now, the final rollover of the dedicated postal e-commerce portal may take another 6 months. But we are excited about this new avatar in our service basket," Mr. John Samuel, member of Postal Services Board told ET.

As he describes, the portal will be like popular e-commerce entities like Amazon or eBay. A conduit between buyers and sellers. But, it is not going to be entirely open for any item to be traded by anyone. Rather a moderated and scrutinized list will be followed. Local specialties like Tea from Darjeeling, Mango from Malda in West Bengal or Saffron BSE -4.86%  from Kashmir will have emphasize in that.

India Post is Tying up with different controlling authorities like Spices Board, Tea Board, or cashew Board to ensure 'quality trading of quality items only'- as Mr. Samuel puts it.

In addition to the physical products, services of different public sector are also being planned to be included into the tradable items of the portal.

"Wide and fast growing coverage of Internet through computer and mobile phones are bringing more and more people from even remote corners to the doorsteps of e-commerce. There lies our new opportunity. Moreover delivery of the items is a major issue for all e-commerce authorities. Here also India post excel's with its 1.5 lakh establishments and time tested connectivity network," he said.

In one hand we have Rs 4909 crore worth IT related infrastructure modernization plan and on the other hand, we are spending another Rs 2000 crore to have new vehicles to ensure faster delivery. 

Indeed it is a new step to a new world that can give new life to financially crunched Indiapost. But, "We need to bring change in our own attitude at certain corners to churn out the best out of this initiative," accepted Mr. Samuel.

source : http://economictimes.indiatimes.com

Monday, 4 April 2016

List of Services to be covered under RICT

Services Available In The RICT Branch Office Device

Following are the services available in the Rural ICT project. The handheld device supplied to the Branch Post offices has the capabilities to do the following services in the BO itself without depend the account office.

1. Maintenance of Rural Branch Post Office accounts.

ü  Cash Management -enable BPM to view/update beginning-of-the­ day and end-of-day cash balances
ü  Accountability of sumps and Postal stationary
ü  Transaction Management

2. Financial Banking at Rural level.

ü  Opening of new account (Small Savings Scheme & No- frills)
ü  Account Deposits and Withdrawals
ü  Electronic Money Order (eMO) Disbursement & Booking
ü  MGNREGS Enrollments & Disbursement

3. Insurance Service at Rural level

ü  New Enrollments
ü  Claims and loan payment
ü  Printing renewal premium receipts for the customer

4. New Retail Services

ü  Phone recharge coupons
ü  Sale of application forms e.g. passport forms
ü  Reservations of train and air tickets
ü  Sale of books
ü  Commission\Fee collection
ü  E-commerce (give orders\view commodity rates)
ü  Retail channel for other\private players

5. Mail Service at Rural level

ü  Booking & Delivery of registered articles
ü  Speed Post Booking & Delivery

6. Assist Government of India

ü  Data Collection
ü  UIDAI enrollment
ü  Other Government Welfare Schemes\Services
ü  Provide detailed MIS reports and management dashboards

Discontinuation of physical pre-printed NSC and KVP certificates - reg.


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