STEEPEST FALL IN POSTAL DEPT’S DEFICIT IN 10 YEARS

             Mirroring signs of revival, the Department of Posts (DoP) has registered the highest decline in deficit in more than 10 years at Rs 550.73 crore in 2011-12 on the back of increase in revenues, mainly from financial services.

            Total revenues of the department in 2011-12 rose by 13.62 per cent to Rs 7,910.51 crore while expenditure stood at Rs 13,705.4 crore, leaving a deficit of Rs 5,794.89 crore.

Send money order from your mobile

The postal department has entered into a partnership with state-run telecom company BSNL to provide money order service using mobile phones. 

NEW DELHI: The postal department has entered into a partnership with state-run telecom company BSNL to provide money order service using mobile phones. 

"The Department has signed an agreement with BSNL for providing money remittance throughmobile phones," Department of Posts (DoP) said in an official statement today. 

Applicability of various kind of TA in Case of System Administrator - regarding

MODEL QUESTION FOR IPO Exam

Postal Manual Vol IV

26.       A post office clerk transferred from one division to another division in the same circle
         
a)                 Will loss his seniority in the circle gradation list for promotion to LSG
b)                 Will not lose his seniority in the circle gradation list for promotion to LSG
c)                  Will have his seniority regulated both in the divisional and the circle gradation list
d)                 None of these                                                                                                Ans: b

27.       Application for leave must be submitted in form

            a)         APP 45                                              b)         SR1
            c)         SR 5                                                   d)         SR 10                                     Ans: b(9)

How to extend the Public Provident Fund account

The Public Provident Fund (PPF) account is a 15-year investment product in which the investor makes contributions each year according to the specified limits. The account matures after 15 years from the end of the year in which the initial subscription was made. 

On maturity, the investors have the option of extending the account for blocks of five years each. The extended account will continue to earn interest at the rate notified each year. The flexibility to withdraw funds from the account after it is extended is much more than in the initial subscription period. 

SBI waives minimum balance criteria for Savings Bank Account

In order to attract new customers, State Bank of India (SBI) has done away with minimum balance criteria for saving banks account.

The bank will not levy any charge for breaching minimum balance criteria.

Central D.A. is heading towards 7% again from 1st July'12

With the announcement of AICPIN number for the month of May'12 as 206 (increase of 1 point) by the Labour Dept., it is obvious that Central D.A. is going to be hiked @7% again with effect from 1st July 2012. There is still one months' (June'12) number is yet to be announced , which is needed for final calculation but in can be predicted that D.A. is going to be hiked by 7% taking it to a overall 72%.

INJUSTICE CAUSED TO PROMOTEES IN MACP – QUASHED

FANTASTIC ORDERS PRONOUNCED BY CAT, JODHPUR


v Promotion as PA from Group ‘D’/Postmen should not be construed as Promotion under MACP
v MACP shall be granted afresh from PA cadre based on 10, 20, 30 years in PA cadre
v Any promotions under LDCE shall not be brought into no. of promotions under MACP
v Applicant should be paid arrears with interest applicable to GPF

The full text of the judgment is furnished below in the link. What we are demanding all along (i.e) to exclude the promotions acquired by exam has been categorically declared by the Hon’ble judge. A remarkable decision.

The CHQ is referring the CAT decision to the Directorate requesting to implement the same to all without further appeal in High court or other forums.

Thanks to Com. Sohan Lal Asst. Circle Secretary, Jodhpur & Com. H. P. Diwakar, Circle Secretary, Rajasthan Circle

Please click here to view in detail


source : aipeu chq

ANOTHER REMARKABLE JUDGMENT QUASHING

RECOVERY IMPOSED UNDER CONTRIBUTORY FACTORS

Please make use of it

Please click here for the detailed report


Source: aipeu

Increment Day for Central Government Employees – 1st July of Every Year

1st July of every year – ‘Increment Day’ for Central Government employees

As per the 6th Pay Commission CCS (Revised Pay) Rules 2008, provisions of Rule 10 with effect from 1.1.2006, uniform date of increment was implemented for all Central Government employees i.e. 1st July of every year. One more condition for getting increment is provided in this rule, completing six months in the same pay as on 1st of July are only eligible to be granted the annual increment.  Who have not rendered six months period of service as on first of a year will not be eligible to draw increment on that day and their date of increment will fall 12 months later on the next 1st of July.