ID Proofs Compulsory During Train Journey in All Reserved Classes from 1st December 2012

With effect from 01.12.2012, one of the passengers booked on a ticket for undertaking journey in any reserved class will have to produce any one of the prescribed proofs of identity failing which all the passengers will be treated as travelling without ticket and charged accordingly.

This provision shall, however, not affect the existing provision of Tatkal scheme where during the journey, the passenger is required to show the original proof of identity indicated on the ticket.

The number of prescribed proofs of identity have been increased from nine to ten by adding following identity card to the list of prescribed proofs identity:-

“Photo identity cards having serial number issued by Public Sector Undertakings of State/Central Government, District Administrations, Municipal bodies and Panchayat Administrations”

This information was given by the Minister of State for Railways Shri Kotla Jaya Surya Prakash Reddy in written reply to a question in Rajya Sabha today. 

Source : PIB, 23 Nov, 2012

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New Pension System : Status of subscribers of NPS as on 10th November, 2012

Implementation of NPS

The New Pension System (NPS) has been implemented for various sectors like Central Government, State Government, Private Sector and NPS-Life.  The status of NPS in these sectors as on 10th November, 2012 is as under:-

The number of subscribers is increasing every year in all the sectors.

Sector	No. of Subscribers (Figures in lakhs)	Assets under Management (Rs. In crores)
Central Government	10.62	14,846
State Government	14.67	7,445
Private Sector	1.64	835
NPS-Life	13.05	344
Total	39.98	23,470

There is no proposal to increase the monthly contribution of subscribers by the Government.  The Government provides matching contribution for the Central Government employees who are covered under the NPS scheme.  In case of NPS Swavalamban accounts, Rs. 1000/- per annum is being contributed by the Government.

NPS Trust consisting of professionals with expertise in the field of Investment and Asset Management has been constituted.  The NPS Trust regularly monitors the performance of the Pension Funder Managers (PFMs) appointed by Pension Fund Regulatory & Development Authority (PFRDA).  PFMs manage the investments of subscribers of NPS in conformity with the Investment Management guidelines prescribed by the NPS Trust.

This information was given by the Minister of State for Finance, Shri   Namo Narain   Meena in written reply to a question in Lok  Sabha today.

PIB

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CONTINUATION OF IT MODERNISATION PROJECT OF

CONTINUATION OF IT MODERNISATION PROJECT OF

 DEPARTMENT OF POSTS – PHASE II

The Cabinet Committee on Economic Affairs today approved the proposal of Rs.4,909 crore towards IT modernisation project of the Department of Posts, covering 1.55 lakhs post offices.

The total expenditure for the project involving Rs.4,909 crore includes both implementation phase and operation and maintenance phase for the IT infrastructure of Post Offices. The IT project of the Department is a part of the Mission Mode Project (MMP) included in the National e-Governance Plan (NEGP).

The Department of Posts has a network of 1.55 Lakhs post offices spread across all the States and Union Territories of the country. The key objective of the India Post IT Modernisation project is modernization and computerization of all Post offices in the country including branch post offices in rural areas to create a urban-rural network spanning across the length and breadth of the country.

The IT modernisation project is expected to give following benefits to the citizens of the country:

•           Improve customer satisfaction due to faster and more reliable delivery of services

•           Enhance visibility and transparency

•           Provide access by multiple channels to the customers e.g. post office counters, kiosks, internet, mobiles ATMs etc;

•           Ensure delivery of "citizen centric services"

The IT modernisation project will provide a national asset and infrastructure for all users apart from the post offices including various government departments, business houses and the citizens to use the services effectively for their communication, banking, insurance and service delivery needs. The project will improve the delivery of mails, banking and insurance services rendered by the Post offices across the length and breadth of the country.

For the purpose of implementation, the IT modernisation project has been structured into 8 segments catering to IT infrastructure such as datacentre, network, computers and peripherals, software applications which will cover all the product and services of the Department of Posts, and change management which will help in effective transformation into IT mode. The project will be implemented in all the 1.55 lakh post offices in a phased manner over a time period of 2 years, to be followed by the O&M phase over the period of contract.

The project will be rolled out to all the post offices covering all States and Union Territories in the country a phased manner.

Background:

The proposal of the Department of Posts is in continuation of the proposal which was approved by the Cabinet Committee on Economic Affairs (CCEA) on 26th Aug 2010. The overall project has been segregated into eight RFPs, of which, selection of vendors have been finalized in case of 5 RFPs and LOIs have been issued. Of these 5 RFPs, in four cases the contracts have been signed with the selected bidders. In respect of two RFPs the financial bids have been opened and selection of the bidder is under process.

SH/SK

(Release ID: 89274) {22.11.2012}

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LIST OF INSURANCE COMPANIES.

LIST OF INSURANCE COMPANIES.

To view list of Life Insurance Companies, please CLICK HERE.
 

To view list of General Insurance Companies, please CLICK HERE.  

Source : MOF,   via  http://postalinspectors.blogspot.in

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