To view the copy of order passed by Hon'ble CAT Ernakulam Bench in OA No. 603/13, please CLICK HERE.
Wednesday, 17 July 2013
Holding of DPC for the promotion to the cadre of PS Gr. B for the year 2013-14.
Last year result of DPC for
promotion to PS Gr. B cadre was released on 28/12/2012. To speed the DPC
work and to convene the DPC for the promotion to PS Gr. B cadre for the
year 2013-14 on time, Association has suggested Directorate to frame
the time bound schedule for each circle for submission of documents at
Directorate in person by the concerned officer which may help to reduce
unnecessary correspondence work and result of DPC would be released much
earlier. Therefore Directorate has prescribed the following circle wise
time slot for submitting the documents of DPC for promotion to PS Gr. B
for the year 2013-14. All Members, Office Bearers and Circle
Secretaries are requested to keep the liaison with their circle and
ensure submission of requisite documents to Directorate on time.
Sl. No.
|
Date of submitting the documents by the Officer deputed by Circle Office
|
Name of the Circles
|
1
|
15/7/2013
|
APS, Assam, Chhattisgarh, Himachal Pradesh, Uttarakhand
|
2
|
16/7/2013
|
Delhi, Haryana, J&K, Odisha & Jharkhand
|
3
|
17/7/2013
|
Kerala, Madhya Pradesh, North-East, Punjab & Bihar
|
4
|
18/7/2013
|
Andhra Pradesh, Karnataka, Maharashtra & Rajasthan
|
5
|
19/7/2013
|
Gujrat, Tamil Nadu, Uttar Pradesh & WB
|
Source : http://postalinspectors.blogspot.in/
PA / SA Direct Recruitment 2013 - Shortlisted Candidates for Computer Typing / Data Entry Test.. ( Paper II )
UPDATE as on 17-JUL-2013
I. Aptitude Test (Paper I) for all the postal
circles is completed. The List of shortlisted candidates for the
Computer Typing / Data Entry (PAPER II) for Andhra Pradesh, Gujrat,
Karnataka, Maharashtra, Tamil Nadu, Assam, Chhattisgarh,Jharkhand,
Madhya Pradesh, North East, Odisha, West Bengal Postal Circles is given
in the link below:
SHORT LISTED CANDIDATES FOR PAPER II The list in respect of the remaining Postal Circles will be published shortly.
II.The above Short List has been prepared in accordance with the
procedure published in the Notification No 60-9/2009 SPB1 dated
8-5-2012. The candidates who figure in the above list have qualified for
appearing in the Paper II based on marks in the Paper I.
III The list is in order of Roll Number.
IV. Paper II is tentatively scheduled on 10th,11th,24th,25th,31th August 2013 and 1st September 2013
V. Admit Card for Paper II will be dispatched shortly. Admit Card can also be generated on this website by the candidates.
For Detail List of Shortlisted candidates please visit.
or
Facility of generation of Admit Card by the shortlisted candidate will be
available on this website from 1100AM on 22/07/2013.
India Post deserves to get a bank licence
Let the postman turn banker: India Post deserves to get a bank licence
India Post wants to own a bank. This is a great idea. In one stroke,
this can ensure that millions more will get access to formal credit, in
one of the most under-banked countries of the world.
The biggest advantage for India Post, among the most enduring
institutions set up by the British, is its huge network and customer
base. Compared to roughly 1,00,000 commercial and rural bank branches in
India, there are 1,55,000 post offices, a majority in rural and
semi-urban areas. As a collector of small savings, it has experience in
taking deposits — about Rs 6 lakh crore at last count — but not in
lending. A bank licence for only India Post would mean that the network
of bank branches would more than double in one stroke.
India Post also fits the bill on other counts: a long track record of
integrity and, most important — with one post office for every four
villages — a massive presence in rural India, where the RBI wants 25 per
cent of all branches to be located. Forget microfinance companies, even
compared to government-owned banks, the postal bank's cost structure,
if it assigns some banking duties to postmen, will be lower.
India Post wants the government to sanction around Rs 1,300 crore for
capital adequacy and to hire more people. It should get the money. The
RBI wants new banks to be set up through a wholly-owned non-operative
financial holding company. So, the postal bank will need to be
corporatised. It should run on sound commercial principles and at arm's
length from political masters.
Post offices in countries like Germany and Japan have successfully
offered banking services. There is no reason why it cannot be done here.
Many post offices are already computerised. These machines should be
upgraded with banking software. A bank, trusted by local communities,
will also make it easier to implement the direct transfer scheme.
All that needs to be done is to give a mobile device, a micro ATM, to
the postman who can double up as a banking correspondent. The RBI needs
to think innovatively about inclusive banking and spreading the reach of
formal credit where there is none, now.
Source :
Circle Welfare Fund for Gramin Dak Sevaks – Regarding.
No. 19-31/2012-WL & Sports Dated at New Delhi the 12th July 2013
To,
All the Head of Postal Circle
All the Heads of Postal Regions
To,
All the Head of Postal Circle
All the Heads of Postal Regions
Subjects: - Circle Welfare Fund for Gramin Dak Sevaks – Regarding.
Sir/Madam,
This is regarding introduction of the Circle Welfare Fund for GDSs in
all the Circles as part of the ‘one year initiatives of the department
of Posts,’ under the guidance of Hon’ble Minister of Communications and
information Technology. The draft Schemes of Circle Welfare Fund for
GDSs formulated by the Directorate is enclosed herewith.
2. Before finalizing the scheme you are requested to send your
valuable suggestions/comment/views on the draft scheme, latest by 29th
July 2013
Yours Faithfully
Sd/-
(L.N Sharma)
Deputy Directorate General
(Training & Welfare)
A look at various financial products offered by the Post Office
The telegram may be dead and postage stamps on their way out, but the post office is not sliding into oblivion. Its small savings schemes are a favourite with investors, and if India Post bags
the banking licence, it could be a financial powerhouse with its 1.55
lakh branches. Here are some of the products and services offered by the
post office.
SAVINGS ACCOUNT
Tenure: NA
Interest rate: 4%
It has a very low minimum balance requirement of Rs 50 without cheque facility, and Rs 500 with cheques.
RECURRING DEPOSIT
Tenure: 5 years
Interest rate: 8.3%
* Investor is given a flexible window of up to 15 days to deposit the sum.
* It is not necessary to open a savings account as well.
* The term can be extended by up to five years on maturity.
TIME DEPOSITS
Tenure: 1 - 5 years
Interest rate: 8.2 - 8.4%
The five-year deposits are eligible for tax deduction under Section 80C.
Minors above 10 years can open and operate account.
Deposits can be foreclosed after one year. The one-year deposit can be foreclosed after six months.
MONTHLY INCOME SCHEME
Tenure: 5 years
Interest rate: 8.4%
* Minimum deposit Rs 1,500 and maximum of Rs 4.5 lakh.
* Interest flows into savings account at the same post office.
* It can be foreclosed after one year with a 2% deduction.
* After three years, the deduction is 1%.
SENIOR CITIZENS' SAVING SCHEME
Tenure: 5 years
Interest rate: 9.2%
* It is open to investors above 60 years. The retired or those who have taken VRS can join at 55.
* There is a maximum limit of Rs 15 lakh per individual.
* Investments are eligible for deduction under Section 80C.
* Can be foreclosed after one year with 1.5% deduction. After two years, the deduction is 1%.
* The interest is paid out quarterly.
* Can be extended for 3 years on maturity.
PUBLIC PROVIDENT FUND
Tenure: 15 years
Interest rate: 8.7%
* There is a minimum deposit of Rs 500 and maximum of Rs 1 lakh in a year.
* Investments are eligible for deduction under Section 80C.
* The interest earned is tax-free.
* Account can be extended by five years on maturity.
* Withdrawals allowed after sixth year.
NSCs
Tenure: 5 - 10 years
Interest rate: 8.5 - 8.8%
* There is a minimum investment of Rs 100.
* Investments are eligible for deduction under Section 80C.
* Income accrued every year is treated as reinvestment and is eligible for tax benefits under Section 80C.
* There is no TDS, but income is fully taxable.
Other financial services offered by the post office
Money transfer
It offers wire transfers and international money orders, besides issuing traveller's cheques and 22 foreign currencies to foreign travellers. It also offers prepaid forex cards in seven currencies, demand drafts in 11 currencies and wire transfer in 13.
National Pension Scheme
Right now, the NPS facility is available at nearly 800 branches across the country. The NPS is a lowcost retirement plan. It is also portable and can be accessed from any part of the country.
Mutual funds
A qualified mutual fund adviser is available at designated branches of the post office. An investor can submit application forms, payment cheques and KYC documents at these branches. However, the facility has not taken off due to removal of entry load.
Life insurance
Postal Life Insurance is open only to employees of the Central and state governments, public undertakings and semi-government organisations. The Irda has allowed the post office to sell insurance policies of private companies.
Commercial banking
India Post is among the 36 companies that have applied for banking licences. The launch of commercial banking operations could pitchfork the post office to the forefront of financial services in India.
Source : http://economictimes.indiatimes.com/
[ http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/finance/a-look-at-various-financial-products-offered-by-the-post-office/articleshow/21055094.cms ]
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