Declination of regular promotion to PS Group B

Postal Directorate has accepted the request of the following 23 officers for declining their promotion to PS Group “B” ordered vide Directorate order number 9-23/2012-SPG dated 28.12.2012. This is incontinuation to the earlier 14 refusal accepted and orders issued on 29-01-2013.

Name of Officer	Sr. No. In order	Parent Circle	Circle allotted on promotion	Date of Declination
V Thangavelu	10	Tamilnadu	Kerala	23.01.2013
E.R.Palanisami	82	Tamilnadu	Utter Pradesh	24.01.2013
S.Subba Rao	77	Tamilnadu	Gujarat	30.01.2013
S.Sanmugham	200	Tamilnadu	Uttar Pradesh	24.01.2013
D.Sreeramulu Naik	196	Andhra Pradesh	Gujarat	01.01.2013
P.S.Chandrasekhar	145	Andhra Pradesh	Kerala	04.01.2013
Ms P. Bharatha Laxmi	151	Andhra Pradesh	Kerala	15.01.2013
T.V.Raghavulu	127	Andhra Pradesh	Maharashtra	16.01.2013
R.Krishnan	108	Karnataka	Madhya Pradesh	24.01.2013
G.C.Eligar	157	Karnataka	Bihar	18.01.2013
K.S.Telkar	109	Karnataka	Bihar	18.01.2013
S.M.Bhat	168	Karnataka	Bihar	28.01.2013
S.H.Deshbhandari	65	Karnataka	Madhya Pradesh	04.02.2013
Rajaram R Bhat	169	Karnataka	Bihar	18.01.2013
Parmod K  Nanda	129	Odisha	North East	15.01.2013
K.Chandrasekharan	21	Tamilnadu	Delhi	17.01.2013
G.C.Srinivas	163	Karnataka	Bihar	07.01.2013
Abdul Haque	13	West Bengal	West Bengal	24.01.2013
Manoj Halder	178	West Bengal	West Bengal	01.01.2013
Awadesh Kumar	195	West Bengal	North East	10.01.2013
N.S.Patel	19	Chhatishgarh	Jharkhand	28.01.2013
P.S.Ramaswamy	12	Tamilnadu	Kerala	23.01.2013
K.Dinakar	90	Karnataka	Madhya Pradesh	23.01.2013

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Postal savings shrink on inflation, lower interest rates

KOLKATA/SILIGURI: The government faces the challenge of holding investment rate from slipping further as small savings continued to erode amid lower rates and persistent high inflation, which prompted households to invest in gold.

The latest data published by the Reserve Bank of India showed that outstanding small savings maintained with post offices have shrunk to 601,961 crore in December 2012, 1.5% lower than the year-ago position. Monthly savings, which has always been the top draw among all postal savings schemes, have shrunk 4% to 201,969 crore.

"People always look for alternate avenues of investment that offers higher rate of return. The promise of apparent higher return offered by non-banking financial institutes is a major attraction," said John Samuel, chief post master general in Jammu & Kashmir.

India's central statistical office said the investment rate is estimated at 35% in 2011-12 against 36.8% in 2010-11. Both public and private investment declined as a share of GDP. Savings rate is estimated at 30.8% in 2011-12 against 34% the year before as a percentage of GDP.

The moderation in the net financial household savings rate reflects a drop in small savings and slower growth in households' holdings of bank deposits, currency and life funds. 

Source : http://economictimes.indiatimes.com

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Revision of provisional pension sanctioned under Rule 69 of the CCS (Pension) Rules, 1972 with illustration

No.38/6/2010-P&PW(A)Pt.)

Government of India

Ministry of Personnel, PG & Pensions

Department of Pension & Pensioners’ Welfare

3rd Floor, Lok Nayak Bhawan

Khan Market, New Delhi

New Delhi, the 18th March, 2013

Office Memorandum

Sub :- Revision of provisional pension sanctioned under Rule 69 of the CCS (Pension) Rules, 1972.

The undersigned is directed to say that in pursuance of Government’s decision on the recommendations of Sixth Pay Commission, orders for revision of pension of pre-2006 pensioners w.e.f. 1.1.2006 have been issued on 1.9.2008.

The following categories of pensioners were entitled to provisional pension as in the pre 2006 pay-scale:-

a) Employees suspended before 2006 and also retired before 1.1.2006

b) Employees suspended before 2006 but retired after 1.1.2006

c) Employees who retired before 1.1.2006 and against whom departmental / judicial proceedings were pending at the lime of retirement.

It has been decided that in all the above cases, the provisional pension sanctioned under Rule 69 of CCS (Pension) Rules, 1972 will be revised in terms of this Department’s OM No.No.38/37/08-P&PW(A) dated 1st September, 2008 as clarified/modified from time to time. An illustration regarding revision of provisional pension sanctioned under Rule 69 of CCS (Pension) Rules 1972 before 1.1.1996 is enclosed.

As regards revision of provisional pension in case of employees who are drawing provisional pension in 4th CPC scales, their provisional pension would be brought over to 5th CPC and thereafter to the 6th Central Pay Commission and their provisional pension would be revised in accordance with the instructions contained in DoP&PW OM No.38/37/08-P&PW(A) dated 1st September, 2008 as clarified/modified from time to time.

This issues with the approval of Department of Expenditure. Ministry of Finance ID No.61/E.V/2013 dated 4th January, 2013 and No.214 /E.V/2013 dated 16th January, 2013.

Hindi version will follow.

sd/-

(Tripti P. Ghosh)

Director

Source: www.pensionersportal.gov.in

[http://ccis.nic.in/WriteReadData/CircularPortal/D3/D03ppw/RevisionOfPension_180313.pdf]

Illustration

Revision of Provisional Pension sanctioned Under Rule 69 of CCS (Pension) Rules 1972 before 1.1.1996

1. Pay Scale of a Government Servant who retired on superannuation on 31.1.1994	3000-4500
2. Basic Pay/Average Emoluments	3500
3. Provisional Pension w.e.f. 1.2.1994	1750
4. Revised Pay-Scale w.e.f. 1.1.1996	10000-15200
5. Revised provisional pension w.e.f.1.1.1996 [As per 0M No.45/86/97-P&PW(A)-Part.II]	5265
6. Revised Pay Band (PB-3] + Grade Pay	(15600-39100) + 6600
7. Revised Provisional Pension w.e.f. 1.1.2006 [As per 0M No.38137/08-P&PW(A) Dated 1 September. 2008	11900
8. Revised Provisional Pension w.e.f. 24.9.2012 [As per 0M No.38/37/08P&PW(A) Dated 28th January, 2013.	12600

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Status of your application for Direct PA/SA Recruitment

Status of your application for Direct PA/SA Recruitment

You  can   check  your  application  status  through  the  India post  web  site ( www.indiapost.gov.in)              To   check  your  application  for  PA/SA  Examination   Please  click                            Check     Your  Application  Status

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