Tuesday, June 12, 2012

Departmental, criminal proceedings can proceed at a time: HC


New Delhi, June 10, 2012: A government official can be made to face departmental disciplinary proceedings and trial for his alleged role in a criminal case simultaneously, the Delhi High Court has ruled, rejecting the plea of an IFS officer, facing the twin trouble. 




“The employer should not wait for the decision of the criminal court before taking anydisciplinary action against the employee and that such decision on the part of the employer does not violate the principles of natural justice,”said a bench of Justices Badar Durrez Ahmed and V K Jain, rejecting the plea of the IFS officer, allegedly involved in trafficking nine persons to Germany in 2005.

Counting of training period for granting financial upgradation under MACPS-reg.


GOVERNMENT OF INDIA 
MINISTRY OF RAILWAYS 
(Railway Board)
No PC-V/201l/M/4/NFIR
New Delhi, dated 07-06-2012.
The General Secretary
NFIR
3, Chelmsfrd Road,
New Delhi-110055.

Sir,

Sub:- Counting of training period for granting financial upgradation under MACPS-reg.

   The undersigned is directed to refer to NFIR’s letter No. IV/MACPS/09/Pt-5, dated 22/05/2012 and to state that issues relating to grant of financial upgradation under MACPS are regulated in terms of the specific instructions contained in Board’s letter dated 10-06-09, whose para-9 of Annexure stipulates that “ .......pre-appointment training shall not be taken in to into reckoning for the purpose of MACPS”.

Sunday, June 10, 2012

LATEST INTEREST RATES CHART... ... (w.e.f. 01.04.2012)

Scheme
Term
Rate of
Interest
Monthly Deposit
Total Interest
Maturity
Amount

RD
5 Yr
8.4 % QCI
1000
14651
74651



Scheme
Term
Rate of
Interest
Deposit
Amount
Total Interest
Maturity
Amount

TD
1 Yr
8.2 % QCI
10000
846
10846
2 Yr
8.3 % QCI
10000
1712
11712
3 Yr
8.4 % QCI
10000
2601
12601
5 Yr
8.5 % QCI
10000
4385
14385
MIS
5 Yr
8.5 % SI
15000
6360
21360
SCS
5 Yr
9.3 % SI
10000
4660
14660
NSC
5 Yr
8.6 % HCI
10000
5235
15235
10 Yr
8.9 % HCI
10000
13887
23887

Courtesy : http://manooss.blogspot.in

Friday, June 8, 2012

PROCUREMENT OF BICYCLE FOR POSTMEN

DG(POSTS) No 1-6/2011 Dated 04th June 2012
The Department intends to provide specially designed bicycles to the Postmen all over the country during 12th Five Year Plan to help delivery staff carrying the mail of various sizes of articles in their beats for delivery to the public.
It is proposed to design and develop the box of fiberglass or any other light weight durable material for carrying the mail/articles to be attached with the postal bicycle.

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Pension Bill: Cabinet defers decision in view of differences


New Delhi: With key UPA constituent Trinamool raising the banner of opposition to the pension reform bill, the government on Thursday played safe by deferring the legislation, apparently keeping in view the upcoming Presidential polls.

The Union Cabinet was to take up the Pension Fund Regulatory and Development Authority Bill, 2011, which provides for private sector and foreign investment in pension sector, but put it off without any consideration, sources said.

SB Order No. 07/2012


SB Order No. 07/2012: Circulation of Notifications issued by Ministry of Finance (DEA) notifying the changes in interest rates of different Savings Schemes effective from 01-04-2012

Click here to download the order

Proposed amendments in PFRDA bill to make NPS more attractive


     The Cabinet is likely to approve three amendments proposed in the Pension Fund Regulatory Development Authority (PFRDA) Bill, the law relate to New Pension Scheme (NPS).  Central Government Employees who joined in Government Service on or after 01.01.2004 are under NPS. This pension scheme has also been extended to all Indian Citizens.