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7 பிப்ரவரி, 2015
5 பிப்ரவரி, 2015
India Post eyes 1 crore accounts by March end under girl child deposit scheme --PRESS NEWS
NEW DELHI: The postal department has set a target of opening one crore accounts by March-end under the small deposit scheme for the girl child launched by Prime Minister Narendra Modi last week, telecom minister Ravi Shankar Prasad has said.
"The postal department, which has the most deeply penetrated network in the country, is now a part of the Beti Bachao Beti Padhao campaign, launched by the PM last week at Panipat," Prasad told reporters.
"The postal department, which has the most deeply penetrated network in the country, is now a part of the Beti Bachao Beti Padhao campaign, launched by the PM last week at Panipat," Prasad told reporters.
Among the states, the department has set the highest target of 18 lakh girl child accounts for Uttar Pradesh, followed by Bihar at 12 lakh. The account, called Sukanya Samridhi, would fetch an interest rate of 9.1% annually and provide income tax rebate. It can be opened at any time from the birth of a girl child till she attains the age of 10.
Deposits can range from a minimum of Rs 1,000 to a maximum of Rs 1.5 lakh during a financial year.
The government, while releasing the scheme, had said its primary purpose was to ensure equitable share of resources towards a girl child in order to offset the discrimination a large number of girl children face.
The account can be opened in any post office or an authorised branch of a commercial bank.
The account will be operative for 21 years from the date of opening or the marriage of the girl child after attaining 18 years of age. To meet the requirement of higher education expenses, partial withdrawal of 50% of the balance would be allowed after the girl child turns 18.
Deposits can range from a minimum of Rs 1,000 to a maximum of Rs 1.5 lakh during a financial year.
The government, while releasing the scheme, had said its primary purpose was to ensure equitable share of resources towards a girl child in order to offset the discrimination a large number of girl children face.
The account can be opened in any post office or an authorised branch of a commercial bank.
The account will be operative for 21 years from the date of opening or the marriage of the girl child after attaining 18 years of age. To meet the requirement of higher education expenses, partial withdrawal of 50% of the balance would be allowed after the girl child turns 18.
GO LIVE CBS POST OFFICES -- STATISTICS as on 3.2.2015
Statistical details of offices migrated as on 03rd Feb 2015
| |||
Name of the Circle
|
HO migrated
|
SOs migrated
|
Total
|
Andhrapradesh
|
94
|
2
|
96
|
Assam
|
13
|
17
|
30
|
Bihar
|
5
|
0
|
5
|
Chhattisgarh
|
5
|
0
|
5
|
Delhi
|
10
|
47
|
57
|
Gujarat
|
11
|
0
|
11
|
Haryana
|
8
|
1
|
9
|
Himachal Pradesh
|
9
|
0
|
9
|
Jammu & Kashmir
|
4
|
0
|
4
|
Jharkhand
|
12
|
0
|
12
|
Karnataka
|
58
|
250
|
308
|
Kerala
|
23
|
0
|
23
|
Madhya Pradesh
|
31
|
0
|
31
|
Maharashtra
|
57
|
73
|
130
|
North East
|
1
|
0
|
1
|
Odisha
|
25
|
1
|
26
|
Punjab
|
19
|
10
|
29
|
Rajasthan
|
48
|
258
|
306
|
Tamilnadu
|
94
|
383
|
477
|
Uttarakhand
|
2
|
1
|
3
|
Uttarpradesh
|
66
|
195
|
261
|
West Bengal
|
16
|
0
|
16
|
Total
|
611
|
1238
|
1849
|
29 ஜனவரி, 2015
EDITORIAL POSTAL CRUSADER FEBRUARY-2015
MAKE INDEFINITE STRIKE FROM 6TH MAY-2015
A HISTORIC SUCCESS
The Government of India and Department of Posts is not serious to settle the genuine demands of Postal employees. The common demands of D. A. merger, Interim relief, inclusion of GDS in 7th C.P.C. alongwith other demands have been rejected by the Government of India. The way through which Pay Commission seems to be working is not going to submit its report in the due period and no more benefit is expected to come in the wake of economic policies being pursued by Modi Government.
The genuine and justified demands of all sections of Postal , RMS and GDS employees are lying pending since long and Postal Board does not seem to be serious about the settlement of the same which are creating more difficulties to the employees.
The Postal JCA had submitted a 39 Points Charter of Demands on 1stSeptember, 2014 conveying the grievances of all sections but the Department did not pay any attention to this. Being aggrieved the Postal Joint Council of Action of NFPE, FNPO and GDS unions decided unanimously to start agitational programmes in a phased manner culminating in to an indefinite strike from 6th May, 2015 and served notice to the Department. After receiving notice Department of Posts has convened a meeting on 5th February, 2015. In the mean time Task Force Committee headed by TSR Subramaian constituted as per direction of Prime Minister has submitted its report which has categorically mentioned to divide Department of Post in six holding Companies/Corporations to pave the way for privatization, which is a very disastrous move to destroy this department just like BSNL. The Task Force Committee has also recommended amendment of Indian Post Office Act 1898 to give legality and licenses to Couriers Companies.
After studying Task Force Committee Report PJCA met again and decided to resist the retrograde recommendations of Task Force Committee and further submitted revised Charter of Demands mentioning “No Corporatization and No Privatization in Postal Services” as item no. 1 and previous items as serial No. 2 to 40. Revised 40 points Charter of Demands has been submitted to the Department and discussion will take place between Postal Board and PJCA leaders on 5th Feb 2015. If the Department does not agree to stop such type of move the PJCA will intensify the agitational programmes with full strength.
Now we are facing a very crucial and critical situation. In the wake of economic policies of Central Government entire Central Government employees including Postal employees are facing serious threat for their survival. The question before us is –Are we able to protect our department and our jobs? or Are we going to surrender? The answer is no. We are not going to surrender before these attacks. We will continue to fight against these policies as we have fought earlier on so many occasions
The 145 days strike by Postmen of Pune in 1880, 120 days strike by Postmen of Mumbai in 1920, 25 days historic strike in 1946, 5 days strike in 1960, 1 day strike in 1968 for minimum wages , Bonus Strike of 1974, 1 day strike on 19th September, 1984 for emancipation of GDS (ED) employees, 1993 five days strike,1996 - 4 days strike 1998, 7 days strike 2000 Dec-14 days strike , one day strike on 12.12.12 and two days strike on 12th & 13th February, 2014 are our rich heritage which shows that we have always fought with full enthusiasm and courage and defeated the retrograde and anti working class policies of the Government of India.
So Comrades, NFPE along with PJCA appeals to all of you to intensify the campaign. Form JCA at all levels and popularize the demands among all sections of Postal Employees and get ready for another battle to be launched from 6th May-2015 to save the Postal Department and to save our jobs and defeat the retrograde policies of Central Government and disastrous recommendations of Task Force Committee.
If we fight unitedly. We will win certainly.
This a “Do or Die Battle” for all of us.
28 ஜனவரி, 2015
23 ஜனவரி, 2015
CASUAL LABOUR / PT WORKERS WAGE REVISED
THIS IS THE MUCH AWAITED DIRECTORATE ORDER. ALL OUR SECRETARIES ARE REQUESTED TO ENSURE EARLY PAYMENT INCLUDING ARREARS TO THE CL / PT WORKERS
REMUNERATION PAYABLE TO FULL TIME CASUAL LABOUR(OTHER THAN TEMPORARY STATUS) PART TIME CASUAL LABOUR/WORKERS ENGAGED ON CONTINGENCY BASIS.
D.G. Posts O.M. No. 2-53/2011-PCC dated 22 Jan 2015.
The issue of remuneration payable to Full Time Casual Labourers (Other than Temporary Status) and Part Time Casual Labourers has been under consideration of the Department for quite some time. The matter has been examined in consultation with the Nodal Ministries/Departments and it has been decided, that the remuneration payable to casual labourers would be as under:
(i) The wages of Full Time Casual Labourers (Other than Temporary Status) would be calculated at the minimum of Pay Band-1 (Rs.5200-20200) i.e. Rs. 5200 plus a Grade Pay of Rs.1300/- and Dearness Allowance as admissible from time to time. In addition , the benefit of merge of 50% of dearness allowance would also be admissible in terms of DoPT O.M. No. 49014/5/2004-Estt(C) dated 31.05.2004.
(ii) So far as Part Time Casual Labourers are concerned , their wages would be calculated on pro-rata basis, in terms of hours of duty put in, with respect to the minimum of Pay Band-1(Rs.5200-20200) plus a Grade Pay of Rs.1300/- and Dearness Allowance as admissible from time to time . I addition , the benefit of merge of 50% of dearness allowance would also be admissible in terms of DoPT O.M. No. 49014/5/2004-Estt(C) dated 31.05.2004.
2. The revision as aforesaid in sub paras (i) to (ii) will take effect from 01.01.2006.
3. For the Full Time Casual Labouers covered by Para 1(v) of DoPT O.M. No. 49014/2/86 Estt.(C) dated 07.06.1988 i.e. the full time casual labourers, who are engaged to perform work different from the work performed by regular employees, will continue to be remunerated based on the minimum wages prescribed by Central or State Government, whichever is higher.
4. This issues with concurrence of Integrated Finance Wing vide Diary No. 343/FA/2015/CS dated 22.01.2015
10 ஜனவரி, 2015
By pass RBI, create India Post Bank through law, PM's task force told govt
PRESS NEWS:
A task force set up by Prime Minister Narendra Modi to review the operations of India’s postal department has mooted the creation of a full-fledged Postal bank.
The panel is headed by former cabinet secretary, TSR Subramanian and comprising of experts that includes former Infosys board member TV Mohandas Pai,
The recommendations will be submitted to the government soon, according to a government official in the know of the development. In fact, the task force has recommended to launch the proposed Post bank through an Act of the Parliament and not by approaching the Reserve Bank of India (RBI).
“The task force has is not in favour of permitting India Post to run a payments bank but wants the department to run a full-fledged commercial bank, which it believe will help push the cause of financial inclusion in the country,” the official said.
An announcement in this regard is likely to be made as early as Thursday at Dak Bhavan, the headquarters of department of postal services in Delhi, the official said.
The task force, set up in August, has also made several other recommendations to leverage the vast network of India Post and its local knowledge across regions in India, the official said.
For India Post, which has been cherishing the dream of becoming a bank, the Subramanian panel recommendation will be a huge boost for its demand for a full service banking permit.
The Postal department, which was among the 25 contenders for a full service banking licence last year, didn’t get into the final list since the UPA government at the time wasn’t keen on backing the move and refused to provide the department with the minimum capital required to set up a commercial bank.
Last year, while issuing licenses to IDFC and Bandhan, the RBI had observed that India Post can be given banking licence if government, technically the promoter of the proposed Post bank, gives its nod.
India Post has argued that the department’s entry to banking can contribute massively to the cause of financial inclusion, or the process of spreading banking services to the unbanked population of the country, using its vast network of 1,55,000 post offices.
Of its total network, about 1,39,040 post offices are in rural areas. Going by a 2011 estimate of the postal department, about 6,000 people are covered on average by post-offices in rural areas and about 24,000 in urban areas.
Through its various saving schemes, Postal department handles deposits to the tune of Rs 6,00,000 crore.
As Firstbiz noted earlier, India Post’s entry into banking can be game changer in rural banking given the massive reach of Post in the far-flung areas of the country and local knowledge.
The department has already commenced the process of linking all its branches through technology, besides setting up ATMs across the country.
The development has come at a time the RBI is opening up the banking sector to differentiated banks or banks with specific areas of focus such as payments banks and small banks. Payment banks can engage in accepting small deposits, offer ATM/debit cards, payments and remittance services through various channels. They can also offer financial products like mutual fund units and insurance products.
Small finance banks, on the other hand, are almost like full service commercial banks. However, these banks cannot engage in large value transactions since 75 percent of their loans must be lent to the so-called priority sector. For existing banks, this requirement is 40 percent. Also, at least 50 percent of their loan portfolio should constitute loans and advances of up to Rs 25 lakh.
India Post, however, is not keen to set up a small bank or payments bank and, instead, wants a full service banking licence, the official quoted earlier said.
PM likely to approve India Post revival plan - PRESS NEWS
Task Force proposes to divide India Post into five biz verticals
NEW DELHI, JANUARY 6:
Prime Minister Narendra Modi is expected to review a report on the revival of India Post soon.
Official sources said that Minister for Communications and Information Technology Ravi Shankar Prasad has approved the task force report and will submit it to the prime minister for a review.
The task force had submitted its report to Prasad in December, recommending division of India Post into five verticals, including one each for banking, insurance and e-commerce, with India Post being the holding company.
“The minister is expected to meet the prime minister on Wednesday for an in-principle approval. The task force has highlighted priority areas, which would give a fillip to our postal department,” an official told BusinessLine.
The Centre is also investing ₹5,000 crore for IT modernisation in India Post.
He said priority tasks include providing banking and insurance services to the public and making e-commerce companies such as Amazon, Flipkart and Snapdeal use India Post’s services.
“The main purpose is to utilise the network in line with the Prime Minister’s vision of reaching rural areas for financial services through innovation and digital connectivity instead of mere postal services,” the official added.
The task force, chaired by former Cabinet Secretary TSR Subramanian, was set up by the Prime Minister last year.
The idea was to leverage India Post’s wide reach across India.
Snapdeal has already partnered with India Post to work on bringing thousands of weavers and artisans from Varanasi on its website. The online company has launched a pilot with India Post to set up facilitation desks at Varanasi post offices to enable local weavers to sell their products on its platform.
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