7th Pay commission Department of Posts order

Payment of salary to central government employees on 28th July 2016 - DOP order

7th CPC GAZETTE NOTIFICATION AND NEW PAY RULES 2016

Kindly click here to view the 7th CPC Gazette notification resolution

Kindly click here to view the 7th CPC New Pay Rules 2016

7TH CPC GAZETTE NOTIFICATION - NO REFERENCE FOR UPGRADING PRE REVISED SCALE TO POSTAL EMPLOYEES

PLEASE CLICK HERE TO SEE 

THE GAZETTE NOTIFICATION

NEW DELHI,  MONDAY,  JULY  25,  2016/ SRAVANA 3, 1938.

HIGH LIGHTS 

4.(1)  The Pay Matrix, in replacement of the Pay Bands and Grade Pays as in force immediately prior to the notification of this Resolution, shall be as specified in Annexure I in respect of civilian employees. 

 (2)  With regard to fixation of pay of the employee in the new Pay Matrix as on 1  day of January, 2016, the existing pay (Pay in Pay Band plus Grade Pay) in the pre-revised structure as on 31st  day of December, 2015 shall be multiplied by a factor of 2.57. The figure so arrived at is to be located in the Level corresponding to employee’s Pay Band and Grade Pay or Pay Scale in the new Pay Matrix. If a Cell identical with the figure so arrived at is available in the appropriate Level, that Cell shall be the revised pay; otherwise the next higher cell in that Level shall be the revised pay of the employee.   

POSTMASTER GRADE I FIRST BATCH EXAM RESULTS AND MARKS REPRODUCED - FOR ALL INDIA LEVEL SENIORITY !!!

DATE : 28/06/11 PAGE : 1
DEPARTMENT OF POST
RESULT FOR THE POST OF POST MASTER GRADE-I
EXAMINATION HELD ON 12/06/2011
CIRCLE CODE : 11
CIRCLE NAME : Andhra Pradesh
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SL. NAME OF CANDIDATE PRESENT ROLLNO CAT MARKS MARKS TOTAL %OF REMARKS
No. POST PAPER-I PAPER-II MARKS
====================================================================================================
1 VALLIGARI ANIL BABU OTH 1111000001 GEN 118 86 204 51.00
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2 NANDA KISHORE PARAVASTU OTH 1111000002 GEN 0 0 0 0.00 ABSENT
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3 SREE RAMAKRISHNA THOTA OTH 1111000003 GEN 0 0 0 0.00 ABSENT
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4 RAVEENDRA NADH NUTHI OTH 1111000004 GEN 0 0 0 0.00 ABSENT
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5 P NARASIMHA RAO OTH 1111000005 GEN 116 100 216 54.00
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7th Pay Commission latest news: Shri.Rajesh Kumar Chaturvedi to issue notification of salary hike within 7 days

More than 47 lakh Central Government employees and 53 lakh pensioners have been eagerly waiting for implementation of 7th Pay Commission.

New Delhi, July 23: The newly appointed IAS officer Rajesh Kumar Chaturvedi who was given an additional charge of chief of implementation cell of the 7th pay Commission is likely to issue a notification of salary hike within seven days. Chaturvedi who had earlier worked as a Central Board of Secondary Education (CBSE) chief has been working on the implementations of 7CPC recommendations which was approved by Narendra Modi government last month.

POSB : Postal Savings Schemes,

Savings Account • Rate of interest 4% per annum • Minimum INR 20/- for opening. •  Account can be opened by cash only. •  Minimum balance to be maintained in a non-cheque facility account is INR 50/-. •  Cheque facility available if an account is opened with INR 500/- and for this purpose minimum balance of INR 500/-in an account is to be maintained. •  Cheque facility can be taken in an existing account also. •  Interest earned is Tax Free up to INR 10,000/-  per year from financial  year 2012-13. •  Nomination facility is available at the time of opening and also after opening of account.   •  Account can be transferred from one post office to another. •  One account can be opened in one post office •  Account can be opened in the name of minor and a minor of 10 years and above age can open and operate the account. •  Joint account can be opened by two or three adults. •    At least one transaction of deposit or withdrawal in three financial years is necessary to keep the account active. •    Single account can be converted into Joint and Vice Versa.  Minor after attaining majority has to apply for conversion of the account in his name. Deposits and withdrawals can be done through any electronic mode in CBS Post offices..  *Inter Post office transactions can be done between CBS post offices * ATM/Debit Cards can be issued to Savings Account holders( having prescribed minimum balance on the day of issue of card) of CBS Post offices.

Recurring Deposit Account

Chennai GPO may be first T.N. post bank: The Hindu

Chennai General Post Office (GPO) is likely to be first post bank in the State to be launched early next year. The Department of Posts is planning to set up ‘India Post Payment Banks’ (IPPB) using the postal network to provide banking services to people. Aimed at providing access to banking services to people particularly in rural areas, the IPPB will provide a range of services, including direct benefit transfers and facilitate various payments like old age pension and government subsidies. The vast network of post offices would be used to eventually even deliver the payment at the doorstep of customers. Officials of the postal department said such post banks would function as separate entity and function according to the guidelines of Reserve Bank of India. Mervin Alexander, postmaster General (Chennai city region), said, “Payment banks will deal with money remittances of all kinds to people. This could be useful to people particularly in rural areas who have limited access to banks. But, it will not provide loans. However, savings schemes and deposits will remain under post offices at this point of time.” Earlier, core banking network solutions and postal ATMs were started as part of an initiative to provide banking services at post offices. Net banking and mobile banking will be the next step towards reinventing the postal services according to the changing trend. The department has also announced a competition for logo design and tagline for the proposed IPPB. The tagline should not exceed eight words either in English or Hindi and the best entries will be awarded with a cash prize of Rs.25,000. The last date of submission is July 31.

BITTER FACTS ABOUT 7TH PAY COMMISSION !!!

After the Cabinet approval, the Finance Minister tweeted, “Congratulations to central government officers, employees & pensioners on a historic rise in their salary & allowances through the 7th Pay Commission.”

The Central Government Employees were dismayed by this tweet and wondered how it was described as historic rise. There are so many hidden facts in the cabinet approval for implementation of 7th Pay Commission recommendations.

What did the Empowered Committee of secretaries do in Sixth months and what did they recommend? There was nothing mentioned about the report of this committee submitted to Cabinet and Whether the cabinet considered the ECoS recommendations or not.

This is the first time in the Pay Commission History that Pay Commission recommendation are going to be implemented in staggered manner. Only Basic Pay alone will be revised. All other Allowances will be revised after four months.

After second Pay Commission, this is the lowest hike recommended in Pay Scale. Just 14.27%. 30% hike is expected invariably by all cg employees.

IndiaPost plans 50 payments bank branches by May

India Post expects to start the first 50 branches of its payments bank by May 2017, seeking to widen financial inclusion in the country. 

As per the current plan, India Post Payments Bank (IPPB) - as it has been termed - will eventually have 650 branches across the country. 

While the first set of branches will open by May, the remaining will start operations by September 2017, a top official of the Department of Posts said.