Seventh Pay Commission for Central Staff announced - 26/09/2013

FM: Prime Minister Approves the Constitution of Seventh Central Pay Commission; Recommendations are Likely to be implemented with effect from 1st January, 2016 

The Finance Minister Shri P.Chidambaram in a statement said here today that the Prime Minister has approved the constitution of the Seventh Central Pay Commission.

The fourth, fifth and sixth Central Pay Commissions’ recommendations were implemented as follows:

4th CPC                       1.1.1986
5th CPC                       1.1.1996
6th CPC                       1.1.2006

The average time taken by a Pay Commission to submit its recommendations has been about two years.  Accordingly, allowing about two years for the 7th CPC to submit its report, the recommendations are likely to be implemented with effect from 1.1.2016.

The names of the Chairperson and members as well as the terms of reference (ToR) of the 7th Pay Commission will be finalised and announced shortly after consultation with major stakeholders.

Source : PIB (Release ID :99644) 
http://pib.nic.in/newsite/erelease.aspx?relid=99644

Finmin Order - Payment of Dearness Allowance Central Govt Employees - Revised Rate from 01/07/2013

Source : http://www.finmin.nic.in/the_ministry/dept_expenditure/notification/da/da01072013.pdf

10% Hike in Dearness Allowance from July, 2013 approved by Govt.

Release of additional installment of dearness allowance to Central Government employees and dearness relief to Pensioners, due from 1.7.2013 

The Union Cabinet today approved the proposal to release an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from 01.07.2013, in cash, at the rate of 10 per cent increase over the existing rate of 80 per cent. 

Solved Questions IPO Examination 2013 - Paper IV - (GK Question 1 to 40)

1 The  second  largest  mangrove  forest  of  India  is

2  As  per  agreement  on  10th   July  2012  the  world  bank  will  extend  additional  credit  of  $ 100  million  to  which  Indian  state  towards  implementation  of  Rural Livelihood  project  namely  Jeevika  . A  Andhra  Pradesh  b  Bihar  c  Rajasthan  d  Maharashtra  Answer   :  Bihar

3 Decisions  regarding  disqualifications  of  members  of  Lok  Sabha  are  taken  by  the A  Supreme  Court    b  Speaker  c  Prime  Minister   d  Vice  President  Answer   Speaker

4  Name    the  two  PSUs  which  were   granted  the  Maharatna  status   by  the  Union   Government  of  India  on  February  2013  ONGC  and  NTPC    b  BHEL and  GAIL  c  ONGC  and  GAIL    d  Coal  India  and  SAIL

India Post banking system roll-out moves to user acceptance

Infosys is embarking on training India Post staff in how to use its Finacle banking system after completing the roll-out of the system at 155,000 post offices in India.

India Post is moving to the user acceptance phase of a project that began in August 2012, after Infosys won the contract to supply a core banking system to India Post.

C. N. Raghu, head of Infosys in India, said that, with 40% of the Indian population having no bank account, India Post with 155,000 branches is the ideal organization to get rural people into the banking system.

India Post has one branch per 8,000 people and 21km2.“We have finished our part of the project and will start user acceptance,” sad Raghu. “When we have finished that, the government standards agency will look at it and then it’s up to India Post to start using it.”

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Source : http://psdnashik.blogspot.in/

Rs 752 crore lying unclaimed with postal department

A huge balance of Rs 752.44 crore is lying unclaimed in different post offices in the country. The postal authorities have not taken any step to return the money to the legitimate claimants.

In response to an RTI query by activist Subhash Agrawal, the postal department said that the money is lying unclaimed in 2.49 crore accounts. The central information commisison, however, has now directed the postal authorities to reveal 100 largest amounts lying unclaimed out of the total 2 crore accounts. 

The money can be withdrawn from these accounts through fraud and may not reach the natural claimant, said the activist. The information about such accounts will ensure transparency.

Source:-The Times of India

MINUTES OF THE MEETING HELD ON 02/08/2013 IN THE COMMITTEE ROOM, DAK BHAVAN UNDER THE CHAIRPERSONSHIP OF SECRETARY (POSTS) TO DISCUSS THE ISSUES RAISED BY THE PJC.

No. 8/4/2013-SR

Government of India

Ministry of Communications & I.T.

Department of Posts

(SR Section)

Dak Bhavan, Sansad Marg

New Delhi, dated the 16th September, 2013

Minutes of the meeting held on 02/08/2013 in the Committee Room, Dak Bhavan under the chairpersonship of Secretary (Posts) to discuss the issues raised by the PJCA.

            Kindly find enclosed the minutes of the meeting held on 02/08/2013 in the Committee Room, Dak Bhavan under the chairpersonship of Secretary (Posts) to discuss the issues raised by the PJCA, for necessary action at your end.  Action Taken Report may be sent to this office at the earliest.

(Arun Malik)

Director (SR)

Official Side:-

1.Shri S.K. Sinha, CGM (MB&O)                2.  Ms. Saroj Punhani, JS & FA

3.Shri Alok Saxena, Secretary (PSB)        4.  Shri Vasumitra, DDG (PO)

5.Shri V.K. Tiwary, DDG (R&P)                  6.  Shri Anil Kumar, DDG (Estt)

7.Shri V.P. Singh, DDG(P)              8.  Shri Rajneesh Kumar, DDG (PAF)

9.Shri Rakesh Kumar, Director (Estt)         10.Shri Aman Sharma, OSD to Secretary (Posts)

11.     Shri Raj Kumar, Director (Staff)     12.Shri V.C. Kajla, Consultant

Staff Side:-

1.            Shri M. Krishnan, Secretary General, NFPE 2. Shri D. Theagarajan, Secretary General, FNPO2. 2. Shri Giri Raj Singh, General Secretary, All India RMS & MMS Employees Union. 3.Shri I.S. Dabas, General Secretary, A.I. Postal Emp. Union, Mailguards & Gr. D / MTS.4. Shri P. Suresh, General Secretary, A.I. RMS & MMS Emp. Union, Mailguards and Grade ‘D’ / MTS.5.Shri T. Satyanarayana, Gen. Secy. A.I. Postal Accounts Emp. Association.6. Shri T.N. Rahate, Gen. Secy. National Union of Postal Employees, Post & Gr. D / MTS CHQ.7. Shri P. Panduranga Rao. 8. Shri Pranab Bhattarcharjee, Gen. Secy. All India Postal Administrative Offices Emp. Union Gr. C & D.9. Shri R. Siva Narayan.10. Shri G.P. Muthu Krishnan. 11. Shri O.P. Khanna, Gen. Secretary, A.I. Postal Administrative Office Association.

12. Shri P.K. Gupta. 13. Shri Devender Kumar.

MINUTES OF THE MEETING HELD ON 02/08/2013 IN THE COMMITTEE ROOM, DAK BHAVAN UNDER THE CHAIRPERSONSHIP OF SECRETARY (POSTS) TO DISCUSS THE ISSUES RAISED BY THE PJC.

Solved Questions - LGO Exam held on dated 15.09.2013

Published by : http://postalguide100.blogspot.in & http://POSTMASTERCADRE.BLOGSPOT.COM

1       Rs  675  amount  to  Rs   837  in  four  years  at  simple  interest .  If the  interest  rate is  decreased  by  2 %  then   amount  will  be  A 729  b  753  c  763   d  783  S I  for  four  years    837-675=  162 Actual  interest  rate is  6  %   if  2  %  is  decreased     ie  4  %        Then  amount  is   783/- Answer  d  783

2         What  least  number  which  must  be  added  to  1056 so  that  the  sum is  completely  divisible  by   23? A 3  b  18  c  2  d  21 23) 1056 (45       92       ---       136       115       ---        21       ---       Required number = (23 - 21)                     = 2.   Answer   c    2

PLEASE GIVE YOUR FEED BACKS FOR INDIA POST IT MODERNIZATION PROJECT

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India post IT modernization project :-

      The Department of Posts (DoP) has been the backbone of India's communication network for more than 150 years and has played a crucial role in the socio-economic development of the country. In pursuance of its aim to provide world class services to Indian citizens and increase its operational efficiency, the DoP in September 2012 launched its ambitious IT modernization project. The project seeks to ensure availability of IT enabled postal, banking, insurance and retail services across India and bring in parity between services rendered in rural and urban areas.