Postal Department's deficit jumps 14% to Rs 6,259 crore in FY15

The deficit of Department of Posts (DoP) increased by 14.35 per cent to Rs 6,258.60 crore for fiscal 2014-15 due to increased staff costs.

The deficit stood at Rs 5,473.10 crore in 2013-14, the annual report of the department said.

Gross working expenditure stood at Rs 18,556.56 crore in 2014-15 as against Rs 16,796.71 crore in the preceding year.

DIVISIONAL CONVENORS FOR EVERY DIVISIONS - FINAL LIST SHALL BE PUBLISHED SHORTLY

MADURAI
DINDIGUL	SUBASH
KANNIYAKUMARI	MALAR EDISON
KARAIKUDI	MUTHIAH GANESH
KOVILPATTI	VIGNESH
MADURAI	KALIMUTHU
RAMANATHAPURAM	PREM KUMAR
SIVAGANGA
THENI	CHELLATHURAI
TIRUNELVELI	THIRUPATHI
TUTICORIN	DHANRAJ
VIRUDHUNAGAR	SURESH SINTHAN
TRICHY REGION
CUDDALORE	J.VIJAYASANKAR
KARUR	K. KARTHIK
KUMBAKONAM	R. RAJENDRAN
MAYILADUTHURAI	V.NAGARAJAN
NAGAPATTINAM	R PREMNATH
PATTUKOTTAI	N. KALIYAPERUMAL
PUDUKKOTTAI
SRIRANGAM
THANJAVUR	N. KAMARAJ
TIRUCHIRAPALLI	K. BALAKRISHNAN
VRIDDHACHALAM	AMIRTHALINGAM
COIMBATORE REGION
DHARMAPURI	ARUN
ERODE	USHARANI
Krishnagiri	U.GOVINDHARAJ
NAMAKKAL	SENGODAN
NILGIRIS	SUBAMANIAN
SALEM EAST	SRINIVASAN
SALEM WEST	SATHEESHKUMAR
TIRUPATTUR
CHENNAI REGION
ARAKKONAM	THIRUGNANASAMBANTHAM
CHENGALPATTU	N. NATARAJAN
CHENNAI CITY CENTRAL	K.JAIGANESH
CHENNAI CITY NORTH	SOPHIARANI
CHENNAI CITY SOUTH
KANCHIPURAM	KAILASAM
PONDICHERRY	RAJESHKANNA
TAMBARAM	KUMARESAN
TIRUVANNAMALAI	ELUMALAI
VELLORE	K.RAVINDRAKUMAR

Prime Minister's Office (PMO) to Review the Progress of India Post

NEW DELHI: The Prime Minister's Office (PMO) is likely to undertake a review of India Post on April 14 regarding action taken by the department for setting up its payments bank.

According to sources, PMO will also take stock of progress made by Department of Post (DoP) to improve functioning through initiatives like e-commerce and IT modernization.

7th Pay Commission: Government employees to get in hand only 50% of increased salary?

Wednesday, April 13, 2016 - 22:37

New Delhi: Government is looking at a scheme for encouraging its employees to invest part of their 7th pay commission salary hike in a fund which would be used for recapitalisation of state-owned banks.

High income government official, according to officials, could be roped in to invest in the fund by offering lucrative incentives like tax break or higher return.

7th Pay Commission: Group of secretaries to recommend 15 percent more pay

7th Pay Commission: Group of secretaries to recommend 15 percent more pay

New Delhi: The Sen Times has learned an average increase of 15 percent pay of central government employees more than Pay commission recommendations, is likely to be suggested by the group of secretaries, who is examining the 7th Pay Commission report.

The 7th Pay Commission’s report was published on November 19.

An estimated 48 lakh central government employees and 52 lakh pensioners across the country receive the pay , which currently stands on Sixth Pay Commission recommendations and it’s unable to neutralise the impact of inflation, which are being faced by the central government employees.

WISH YOU VERY HAPPY TAMIL NEW YEAR TO ALL

DA ORDERS - REVISED RATES EFFECTIVE FROM 01.01.2016: DEPARTMENT OF POST ORDER

Minimum pay under 7th CPC likely to be revised to Rs 20,000; award to come with increment bonanza

The central government employees seeking revision of salary structure proposed under the 7th Pay Commission are likely to see around 19 percent raise on the minimum salary being drawn currently. The Cabinet nod to the effect is expected in June.

Finance Ministry order - Discontinuation of physical pre-printed NSC and KVP certificates w.e.f. 1.4.2016

It is decided that the currently existing system of physical pre-printed certificates for KVP and NSC shall stand discontinued w.e.f. 1.4.2016 and shall be replaced by ‘National Savings Certificate/Kisan Vikas Patra Certificate on electronic - mode (e-mode). Till the CBS system transits to that e-mode, banks and post offices may choose to issue a physical certificate recorded on a passbook.

The serial numbers based on the new pattern allotted to the banks and the Department of Posts (DoP) with respect to KVP and NSC were detailed in the said Finmin’s OM of even number dated 23rd March. It is intimated that while issuing the certificate from 01.04.2016, Banks and Post Offices may use notification having G.S.R. No. 353 (E) dated 29.3.2016 for Kisan Vikas Patra and notification having G.S. R. No. 354 (E) dated 29.3.2016 for National Savings Certificate. It is intimated that these notifications are available on egazette.nic.in

SERVICES TO BE COVERED UNDER RURAL ICT