Saturday, 20 July 2013

Promotion and posting to the Grade of Member , Postal Services Board, Indian Postal Service, Group'A' : Member (Planning)

Ms. Kalpna Tewari (IPoS-1978), CGM BD&M, Directorate, New Delhi has been posted on promotion as Member (Planning), Postal Services Board against the vacant post. To view the order please Click Here.

Promotion and posting to the Grade of Member, Postal Services Board, Indian Postal Service, Group'A' :Member (HRD)

Shri Kamalesh Chandra(IPoS-1978), CPMG Uttar Pradesh Circle has been posted on promotion as Member(HRD), Postal Services Board, New Delhi against the post which will be restored on 01.08.2003 on Superannuating Retirement of Shri S.K. Chakrabarti, Principal Chief Postmaster General, Odisha Circle, Bhubaneswar on 31.07.2013(A/N). To view the order please Click Here.
 

Filling up of the post of Member, Staff Selection Commission (Hqrs.), New Delhi (Joint Secretary level) in the pay scale PB-4, Rs. 37,400-67,000 plus Grade Pay Rs.10,000/- on deputation basis.

To view DoPT OM No. 24011/02/2013-Estt.(B) dated 19th July 2013, please CLICK HERE.

Award of Certificate of Excellence to the meritorious employees of DOPT...

Dopt Minister presented 'Certificate of Excellence' to thirty three meritorious employees of DOPT for their service during the year 2012-2013 in New Delhi...

Press Information Bureau 
Government of India
Ministry of Personnel, Public Grievances & Pensions 
19-July-2013 15:52 IST
Award of Certificate of Excellence to the meritorious employees of Department of Personnel & Training.
Shri V.Narayanasamy, Minister of State for Personnel, Public Grievances and Pensions presented “Certificate of Excellence” to thirty three employees of the Department of Personnel and Training for their services during the year 2012-13 in New Delhi. Speaking on this occasion, he said that since the Ministry of Personnel, Public Grievances & Pensions is also entrusted with the responsibility of implementing the recommendations of the Second Administrative Reforms Commission, this initiative of recognizing the work of meritorious employees is a right step towards reforms in human resource management.  The Minister also emphasized the need for capacity building of the employees working in DoP&T and suggested organization of training programmes on priority in accordance with the work requirement.

Recognition of meritorious performance of Government employees is a critical management tool to encourage such employees and also to motivate all the employees to emulate their example.
Department of Personnel & Training has, for the first time, introduced a new non–monetary incentive scheme from this year in the form of award of ‘Certificate of Excellence’ to recognize the contribution of its meritorious employees of the level of Multi Tasking Staff to Under Secretary.  This certificate recognizes the dedication to work, excellence in performance and outcome achieved during the year 2012–2013.
Heads of various Divisions of the Department of Personnel & Training were requested to suggest the names for this award.  A Committee of Joint Secretaries examined work performance and outcome achieved during the year and recommended the names of thirty three employees out of six hundred and sixteen employees of the Department for award of the Certificate of Excellence for the year 2012–2013.

DB Analyzer for Sanchay Post dt.19/07/2013


DBAnalyzer has a new feature to generate a consolidated report of all discrepancies in the database. Unzip the additional exe  all the DLL files included in the DBAnalyzer zip file and copy to the DBAnalyzer folder.


NOTE: Generation of Consolidated Report is a TIME CONSUMING PROCESS. All offices are advised to generate this report after completing the daily routines like DAY-END process, Database Backup, etc.

To Download: To Download from SDC, Chennai

Top 8 Financial Products Offered By Indian Post Office



 Bangalore: The financial market has been persistently changing. With increased number of banks, financial institutions and online facilities, there have been ample options through which one can invest their money into.

However, the Indian Post Office has been such an institution since very long time. The savings scheme and other financial products are a favourite with investors. The telegram and postage stamps may have gone out of fashion, but the financial services offered by the Indian Post Office are still very much in demand. And if the India Post bags the banking license, it could be a financial powerhouse with its 1.55 lakh branches across the country.


1. Recurring Deposit
Tenure: 5 years
Interest rate: 8.3 Percent


The Recurring Deposit Account can be opened by cash/cheque and in case of cheque the date of deposit shall be date of presentation of cheque. On maturity, the term can be extended up to 5 years. Apart from these facilities the account holder can appoint a nominee at the time of opening and also after opening of an account. Account can be transferred from one post office to another and any number of accounts can be opened in any post office. Incase the account holder deposits 6 installments in advance, they are also entitled with a rebate. Investor is also given a flexible window of up to 15 days to deposit the sum.

2. Senior Citizens’ Saving Scheme
Tenure: 5 Years
Interest Rate: 9.2 Percent


An individual of the Age of 60 years or more may open the account. Individuals taking superannuation or VRS can also open an account, but the account should be opened within one month of receipt of retirement benefits.

The maturity period is 5 years and the account can be opened by cash for the amount below 1 lakh and above by cheque only. The depositor can operate more than one account in individual capacity or jointly with spouse (husband/wife). Interest can be drawn through auto credit into savings account standing at same post office, through PDCs or Money Order.

The maximum amount limit per individual is 15 lakh and the investments are eligible for deduction under Section 80C

3. Public Provident Fund
Tenure: 15 years
Interest rate: 8.7 Percent


An individual can open an account with minimum deposit of 500 in a financial year and maximum 1, 00,000 and account can be opened by cash or cheque. Deposits qualify for deduction from income tax under Sec. 80C of IT Act. The interest earned on the deposits is completely tax free. From the third financial year loan facility available but premature closure is not allowed before 15 years.


4. Money Transfer

The Money Transfer facility provides a fast and easy way of transferring personal payment from abroad to beneficiaries in India. The service is valid only for the purpose of remittances towards family maintenance and remittances favouring foreign tourists visiting India are permissible. No outward remittance from India is permissible under MTSS.

The collaboration between the Department of Posts, Government of India with the Western Union Financial Services and MoneyGram International facilitates instantaneous remittance of money from around 195 countries, 22 foreign currencies and territories to India.

5. Commercial Banking

The Department of Post submitted application before the Reserve Bank for a license to offer full-fledged banking services. The India postal network has 1,54,822 post offices in the country. Of these, 1,39,086 are in rural areas and 15,736 are in urban regions. There are around 90,000 bank branches in the country and provision of real-time banking services through postal network is estimated to triple the current banking network.

The Department of Post (DoP) has plans to start 50 bank branches in the first year and scale it to a total of 150 branched in 5 years, reported PTI. The Post Banks are proposed to be owned by DoP but with a completely independent board, governance structure and operations. It will have representation from Ministries of Finance and Communication & IT.

6. Mutual Funds

The Indian Post office launched the scheme for distribution of mutual funds on 22nd January 2001, in partnership with IDBI-Principal. An authorized mutual fund adviser is available at designated branches of the post office.

An investor can approach the designated post office counters or the concerned postmaster for application forms and literature on the types of fund schemes available through the post office.

Thereafter they can hand the application forms duly filled along with requisite amount in the form of a demand draft/cheque to the counter staff, no cash will be accepted.

7. NSCs
Tenure: 5 - 10 years
Interest rate: 8.5 - 8.8 Percent


The scheme is specially designed for government employees, businessmen and other salaried classes who are Income Tax assesses. There is no fixed limit of investment and no tax deduction at source. The certificates can also be used as collateral security to get loan from banks. Investment up to 1, 00,000 per annum qualifies for IT Rebate under section 80C of Income Tax Act. The rate of interest is 8.50 percent.

8. Life Insurance

Postal Life Insurance is a contract entered into by the Government to pay a given sum of money on the death of an individual to his nominee or himself, if he survives that period. The scheme is only for Government and Semi-Government employees and it is the only Insurer that offers low premium and high bonus.


The Insurants can deposit the premium by the Premium Receipt Book. Deposits of premium can be done in any departmental PO, and there is a facility of recovery from pay for all employees belonging to the Central Government.

Source : http://www.siliconindia.com  via : http://aipeup3bbsr.blogspot.in/