IMPLEMENTATION COMMITTEE WORKING ON 7TH CPC, NOTIFICATION LIKELY IN APRIL

The implementation committee formed to review 7th CPC report is working on it. It requested all dept.s to send comments within 17th Feb but unfortunately the response has not been very satisfactory.

The committee urged to send the comments immediately vide their letter dated 15th Feb.

GUNMEN TRYING TO ROB POST OFFICE, OPEN FIRE, INJURED GUARD

An employee of Gauripur post office was injured inside his office in lower Assam's Dhubri district this evening when gunmen opened fire in a bid to rob the post office, the police said.

The two assailants went to the post office around 6.30 PM when its Post Master Rabindra Kumar Biswas was counting the day's collection of small savings before depositing the amount in the nearby sadar police station, they said.

PROMOTION PROCESS TO THE CADRE OF POSTMASTER GRADE II FOR 2016-17 VACANCIES- TN CIRCLE

PIB clears India Post's Rs 800 crore proposal for payments bank

NEW DELHI :The Public Investment Board has approved the Rs 800-crore proposal from India Post for setting up a payments bank and it will be placed before the Cabinet within a month for final approval. 

PIB, under the Finance Ministry, whets the investment proposals by state-run entities.

"The PIB meeting has been held on January 19 and the proposal has been approved. The recommendations of PIB will now be placed before the Cabinet for final approval," a senior official of Department of Post (DoP) told PTI.

INDIA POST RIDES E-COMMERCE WAVE AS VILLAGERS BUY ONLINE

Indian postman Ratan Lal (L) riding a bicycle as he delivers a parcel to a customer in a village in the Rajasthan district of Neemrana, January 21, 2016. (AFP)

With his rickety bicycle and sackcloth mail bag, 62-year-old Indian postman Chet Ram does not look like a worker at the vanguard of an e-commerce revolution delivering everything from mobile phones to cow manure.

He pedals miles each day in Rajasthan, ferrying packages to villages, and takes payments in cash because most of his customers do not have bank accounts, let alone credit cards.

ROLL OUT OF INTERNET / MOBILE / SMS BANKING

Copy of eMail dated 18.02.2016 from Director (CBS) to all Circle Heads From: Director (CBS) Sent: 18 February 2016 17:46

Subject: Roll out of Internet/Mobile/SMS Banking 

Respected Sir/Madam

I am directed to enclose Standard Operating Procedure (SOP) of Internet/Mobile / SMS Banking for circulation to all CBS Post Offices. Facilities available through these channels are also attached. These need to be pasted on the Public Notice Board of all CBS Post Offices. 

7TH CPC - MINIMUM PAY LIKELY TO BE INCREASED TO “A BALANCED COMPROMISE”

New Delhi: Central government has admitted that central government employees are not happy with the minimum pay, which has been recommended by the Seventh Pay Commission.

Finance Minister Arun Jaitley will include the increase the pay hikes of central government employees in the budget in this month.

The recommendation of the Pay Commission will be included in the budget but will not see the minimum pay Rs 18,000.

The commission findings of pay hikes of central government employees were published in November, with a promise of Finance Minister Arun Jaitley to include the increase the pay hikes of central government employees in the budget in this month.

PM NARENDRA MODI HAS ASKED IMPLEMENTATION CELL TO GIVE BENEFICIAL PAY COMMISSION REPORT

SEVENTH PAY COMMISSION: GOVT TO RAISE MINIMUM PAY

New Delhi: Government plans to raise the minimum pay of central government employees from Rs 18,000, which was recommended by Seventh Pay Commission, a Finance Ministry official said.

Finance Minister Arun Jaitley had said earlier that he was not worried about implementation of the Seventh Pay Commission recommendations.

The Finance Ministry official has given strong indications on condition of anonymity that the minimum pay recommended Seventh Pay Commission is likely to be increased as soon as next fiscal as the members of the Empowered Committee of Secretaries are ready to process the review of the Seventh Pay Commission recommendations for hike the minimum pay.

MINIMISE USE OF POSTAL STAMPS TO SAVE MONEY, MANPOWER , ENERGY AND ABOVE ALL, THE ENVIRONMENT

Lucknow: To save crores of rupees to the exchequer every month as also curb cutting of trees, Governor Ram Naik has started a campaign to promote use of franking machines by government offices and bulk users to discourage postal stamps of low denomination.

Naik also raised the issue before President Pranab Mukherjee at a recently concluded two-day conference in Delhi and has written a letter to Union telecom minister Ravi Shankar Prasad in this regard, appealing to minimise use of postal stamps to "save money, manpower , energy and above all, the environment."

During an informal inspection of secretariat, Naik noticed dispatch staff was pasting 25 postal stamps of Re 1 and stamps of different denominations on various packets and envelopes. "I was taken aback to see that in a digital era, one person is deployed only to paste stamps manually," Naik told TOI on Saturday, after calling the post and telegraph staff to install franking machines. Now, one staff who used to dispatch 60 envelopes in a day completes his work in an hour," said Ram Naik, adding that the same staff disposes other duties in the remaining part of the day.

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Raise Personal Income Tax Exemption Limit to Rs 4 lakh – Assocham

Budget-2016-17: Revision in IT exemption to at least Rs 4 lakh minimum expectation of common-man

Monday, February 15, 2016

Revision in the income tax exemption limit to at least Rs four lakh is the most important and pressing expectation of a common-man who also seeks from the Finance Minister Mr Arun Jaitley extra incentives for savings and more tax allowance for expenditure on education and health, an ASSOCHAM Aam Aadmi survey for the ensuing budget, has noted.

Finance Ministry invites NJCA to discuss over 7th pay commission recommendation on 19.2.2016

The Official Sources Close to the Finance Ministry told that a Meeting with National Joint Council of Action to be held on 19th February 2016 on the issues of 7th Pay Commission and Charter of Demands of NJCA.

It is informed that Convener, 7th Pay Commission Implementation Cell has fixed Meeting with NJCA on 19th February 2016 at North Block to discuss about the matters pertaining to 7th CPC recommendations and Charter of Demands of NJCA. The timing of the meeting scheduled itself has reveals its importance.

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SEVENTH PAY COMMISSION REPORT ‘TOTAL RUBBISH’, SAY EMPLOYEES’ LEADERS

New Delhi: Central government employees’ leaders have trashed the Seventh Pay Commission report on pay and allowances hike of central government employees and officers, saying it was ‘total rubbish’ and ‘not worth the paper it was printed on’.

The Seventh Pay Commission report was presented to Finance Minister Arun Jaitley in November.

A Trade Union leader said he finds it hard to believe that the 900-page report had failed to find any government employees’ welfare motive behind the issuance of such type of pay hike recommendations, which has given nothing, not even proper minimum pay hike.

Postal Department Has Overtaken SBI on Digital Connectivity: Ravi Shankar Prasad

MUMBAI: The postal department has surpassed the country's largest lender, SBI, in terms of digital connectivity even before its payments bank launch, Union IT and Communications Minister Ravi Shankar Prasad today said.

"The core banking solution (CBS) or digital connectivity of the postal department has surpassed the State Bank of India's digital connectivity," Prasad said at a special session on the third day of the ongoing Make in India week here.

There are over 1.50 lakh post offices across the country, of which 1.25 lakh are in rural areas, and the department had embarked on CBS connectivity a few years ago.

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FAQ On Procurement Of High Value PLI Policies

Frequently Asked Questions on procuring High Value Policies in PLI issue by CPMG TN Circle

01.   What is High Value Policy in PLI?

If Sum assured is more than 20 Lakhs in PLI, It is called High value policy.

02.   Who is the accepting authority for High value policies?

For Single proposals more than 20 lakhs and up to 50 lakhs, the accepting authority would be the Chief Postmaster General.

New proposals of existing policy holders whose aggregate exceeds Rs 20 lakhs and up to 30 lakhs, the accepting authority would be DPS (HQ). 

New proposals exceeding Rs 20 lakhs  up to  50 lakhs and new proposals of existing  policy holders whose aggregate exceeds Rs  30 lakhs  and  up to  50 lakhs, the accepting authority would be the Chief Postmaster General.