Centre allows premature closure of PPF account

In a significant move, the Finance Ministry has allowed subscribers of the Public Provident Fund (PPF) to prematurely close their accounts after a minimum of five years for reasons such as higher education or expenditure towards medical treatment.

The Finance Ministry has also retained the interest rates on all small saving products for the second quarter of the fiscal.

On PPF, the Ministry, in a notification, said, the subscribers can close the account if “the amount is required for serious ailments or life threatening diseases of the accountholder, spouse, dependent children or parents…or the amount is needed for higher education of the account holder or the minor account holder.” It further added that supporting documents and bills will have to be produced.

7th Pay Commission Latest: Hiked Salary from 1st August, Arrear in October, Fitment may enhanced from 2.57 to 2.9 - Media Reports

7th Pay Commission Latest: Hiked Salary from 1st August, Arrear in October, Fitment may enhanced from 2.57 to 2.9 - Media Reports

7th Pay Commission arrears to be paid ahead of festival season - The Sen Times

7th Pay Commission: Government employees will get hiked salaries from 1st August - Jagran News

7th Pay Commission: Double bonus for Government employees – salary hike from August, six month arrears in October - India.com

Salary hike: Employees could get more than recommendation by Pay Commission - Jagran News

AIAPS (GL) SUBMITS LETTER TO DIRECTORATE FOR POSTMASTER CADRE RESTRUCTURE

To,

        The Honorable Director General,

        Department of Posts,

        Dak Bhawan, Sansad Marg,

        New Delhi – 110001

No : AIAPS /2016-2017 dated at _________ the 16.06.2016

Respected sir,

        Subject : Request to carve out 1/3 of HSG-II/HSG-I/HSG-I(NFG) posts for Postmaster Grade I/II/III respectively under cadre restructure– reg

Ref 1   : Group – C cadre restructure D.G. Post letter No. 25-04/2012-PE-I dated 27th May, 2016.

        Ref 2 : Para ‘F’ of Cadre restructure bilateral agreement with department and staff side dated 28.04.2014

        A kind reference is invited to the above references and vide reference 1, Group-C cadre Postal wing cadre restructure order is released and LSG/HSG-II/HSG-I/HSG-I(NFG) posts are enhanced for general line.

AIAPS(GL) SUBMITS SUGGESTIONS TO DIRECTORATE FOR THE PROPOSAL OF AMENDMENT IN PSS GROUP B EXAMS

Within 30 days, Directorate had requested the stake holders to give comment/suggestions if any regarding the proposed PSS Group B exam recruitement rules amendment. This AIAPS association is submitting our suggestions to the directorate to equally nourish IP/ASP line and Selection Grade and Postmaster cadre Sueprvisory  line. 

AIAPS(GL) General secretary shall submit the same shortly to the directorate.

All AIAPS(GL) circle secretaries are also requested to post the same to the directorate to press this issue further.

Submitted letter to the directorate is as follows.

To,

        The Honorable Director General,

        Department of Posts,

        Dak Bhawan, Sansad Marg,

        New Delhi – 110001

No : AIAPS /2016-2017 dated at ________ the 16.06.2016

Respected sir,

        Subject : Revision/Amendment in Recruitment Rules for the post of Postal Service Group ‘B’ and Sr. Postmaster cadre- reg

Ref : No.9-14/2010-SPG dated at Dak Bhawan, Sansad Marg the 30^th May 2016

         A kind reference is invited for the above reference, and vide above reference it is directed to submit the comments from the stake holders if any for the above said subject recruitment rules within 30 days.

        I would like to bring the following few analytical information for your benign consideration and early favorable orders please.

Boosted IP Line is struggling hard and harder and Drenched Supervisory Line is sleeping enough to loss all their rights!!!

Dear Postmasters,

If not now then never.  Lets organise and discuss this on 03.07.2016 Circle level meet at Cuddalore

All Sr.PM posts upto presidency PMs and 50% PSS Group B posts should be granted to supervisors

    IP/ASP association is conveyed their strong objection against the proposed PSS group B/Sr.PM cadre recruitment rules that they are losing their promotional opportunities in PSS group B/Sr.PM post because of the invasion of Postmaster cadre.

     But the fact is on other way. To create the awareness among general line people, facts are collected and published.

     Friends lets fight together to get the equal opportunities at par with IP line. If both IP line and supervisory line is nourished in equal way then only department will grow better and better.

IRRATIONAL  ARGUMENT OF IP/ASP CADRE REGARDING LOSS OF THEIR PROMOTIONAL ASPECTS DUE TO INTRODUCTION OF POST MASTER CADRE

As on date number of LSG Posts	6989
HSG II  Posts	1703
HSG I    Posts	1649
Total	10341
Number of ASP Posts	2036
Number of IP  Posts	2117
Total	4153

No of P S S Group B /Sr Post Master Post allotted to 10341 LSG/HSG II / POST MASTER CADRE OFFICIALS.

P S S Group B  3%	26
Sr Post Masters	29
Total	55

PATTUKOTTAI DIVISION IS ATTENDING THE FIRST AIAPS (GL) MONTHLY DIVISIONAL HEAD MEETING

Dear Postmasters,

CONGRATULATIONS

         Pattukottai division has received the official invitation to attend the monthly meeting on 30.06.2016 under the banner of AIAPS(GL)

A Comparison of SB Account Charges in India Post V/s Nationalize Bank

At Present 22395 Branches of India Post are working on CBS Platform. We can say India Post has highest no. of branches than any Nationalize Bank. The SB account facility is provided by both India Post and Bank. There are various charges behind it. The following main charges are comprised here.

Mutual Request

Name                 Working division               Expecting Division(s)      Contact number               Category

Suresh T                Cuddalore                      Tirunelveli/kovilpatti         9597414212                         UR

7th Pay Commission latest news – Empowered Committee meeting may be held today

7th Pay Commission: Secy panel to give final nod to salary hike on Tuesday

New Delhi: The Empowered Committee of Secretaries headed by the Cabinet Secretary Pradeep Kumar Sinha will now meet on Tuesday (June 13) to finally process the recommendations of the 7th Pay Commission which will have bearing on the remuneration of 47 lakh central government employees and 52 lakh pensioners.

As per sources, the meeting of the Empowered Group of Secretaries, to finalize the payout to the central government employees did not take place as scheduled earlier on Saturday (June 11).

In coming days, the role of all employees, including Grameen Dak Sevaks, will be very significant - Ravi Shankar Prasad

"In coming days, the role of all employees, including Grameen Dak Sevaks, will be very significant, Postman has a vital emotional connect and is almost part of every family in villages- Telecom and IT Minister Ravi Shankar Prasad today said in a letter to all postal employees

Government is firming up plans to set up 650 branches of India Post Payments Bank at all major district headquarters by September 2017, Telecom and IT Minister Ravi Shankar Prasad today said in a letter to all postal employees.

"The India Post Payments Bank shall be set up with an investment of Rs 800 crore. The plan is to roll out 650 branches at all major district headquarters so that it may leverage the extensive outreach of the Department of Posts," Prasad said in the letter.

The Cabinet on June 2 cleared the proposal to set up India Post Payments Bank (IPPB) with a corpus of Rs 800 crore and a plan for 650 branches operational by September 2017. It will be scaled up further to cover the entire country by the end of 2018-19.

"The Prime Minister has urged that these 650 branches shall be made fully functional by September 2017," Prasad said.

DoP is gearing up to launch the payments bank with a workforce of 3.5 lakh.

Prasad, in his letter, reached out to all postal employees for support.

"I earnestly appeal to all employees of the department and the Grameen Dak Sevaks to take pride and ownership in establishing the India Post Payments Bank which truly serves the cause of Antyodaya - serving the last man standing," he said.

He reasoned that the postman has a vital emotional connect and is almost part of every family in villages.