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Wednesday, March 4, 2015

Examination of GDS Issues


Department has constituted a committee headed by Shri. DKS .Chauhan CPMG Rajasthan Circle under No.17-103/2007/GDS dated 24-02-15 with the following terms of reference.

(a) Examining /Revision of existing provisions for filling up of vacant GDS posts (other   than GDS BPM)
(b) Examination / Review of existing point based system of assessing indigence for compassionate engagement.


The Committee has been allowed a time of one month to submit its recommendation.

Tuesday, March 3, 2015

Details of the saving schemes, remittances, life insurances and social disbursements

                             AS ANSWERED IN RAJYA SABHA


(1) POST OFFICE SAVING BANK

At present Department of Posts is offering 9 Small Savings Schemes, named below, to the public on behalf of MoF (DEA).
      i.      Savings Account
        ii.     Recurring Deposit
      iii.    Time Deposit                                     
 iv.    Monthly Income Account Scheme
 v.     Senior Citizens’ Savings Scheme
vi.    Public Provident Fund
vii.   National Savings Certificates (VIII and IXth Issue)
viii.  Kisan Vikas Patra (re-launched on 18.11.2014)
 ix.   Sukanya Samriddhi Account (launched on 22.01.2015)

In the above schemes, only mobilization of Small Savings through deposits is done and there is no provision of credit facility to the members of public. Core Banking is being implemented in the Post Offices. As on 23-02-2015, CBS facility is available in 2129 Post offices. ATMs have also been installed in 11 locations across the country.


(2) MONEY REMITTANCE SERVICES THROUGH POST OFFICES

Department of Posts is the largest provider of money remittance services in the country. As may be seen from the table below, the Post Office paid out a total of Rs.12,000/-  crores during 2013-14 to 9 crore  reciepients, under its domestic and international remittances.

Sl.No
Type
Services
Number of Transactions

Amount Disbursed (In Crores)
1
Domestic remittances
(Money orders)
e-MO & iMO
9,24,54,809
8297.24
2

International Remittances
International Financial System,
Western Union and Money Gram
17,46,921
3771.94
Total
9,42,01,730
12,069.18


(i) Domestic money remittance services: The domestic money transfer facility through post office is called Money Order.   This service is available in all post offices, and is of two categories:

(ii)Electronic Money Order (eMO): The eMO service introduced in 2008 has since replaced the manual money order service. It has modernised the transmission process of money orders by ensuring quick and secure electronic transmission. Time taken for Transmission is very less and amount is normally paid within a day of booking. The maximum amount that can be sent in a single eMO is Rs. 5000/- and the money is paid in cash at the door step of the payee. Customers also have the convenience of tracking the eMO through Indiapost website.

(iii)Instant Money Order (iMO): DoP also provides an advance money order service under the brand instant Money Order. This is an instant, web based money transfer service. Amounts from Rs.1000/- to Rs.50000/- can be remitted through designated iMO post offices. The remitter has to fill-up prescribed form at an iMO post office and produce valid photo identity. Money Order Commission varies based on the amount of remittance, and ranges from Rs. 100/- to Rs. 120/-. Payee has to visit the post office, fill up the prescribed form and produce the identity proof to receive the money. Amount recieved can also be credited to the post office savings account of the payee.

(iv) International remittance services: The Department is also offering inward international money transfer, which is done through three different channels. First is the International Financial System, which is a post-to-post collaboration. The other two are third party services, in tie up with Western Union Money Transfer and Moneygram respectively. These channels are quick and easy ways of transferring personal remittance from abroad to beneficiaries in India. Together, they make it possible for post office customers to receive money from nearly 200 countries through identified post offices.  Remittances play an important role in the local economies in large parts of the country. They contribute mostly to economic growth and to the livelihoods of less prosperous people, and are hence significant to the people of rural and inaccessible areas.

(3) PAYMENT OF WAGES AND PENSIONS UNDER SOCIAL SECURITY SCHEMES THROUGH POST OFFICES

The Department has been entrusted with the task of disbursing wages and pensions under various Government sponsored Social Security Schemes like;

·         Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS),
·         Indira Gandhi National Old Age Pension Scheme (IGNOAPS),
·         Indira Gandhi National Widow Pension Scheme (IGNWPS),
·         Indira Gandhi National Disability Pension Scheme (IGNDPS) and
·         Indira Gandhi Matritva Sahyog Yojana (IGMSY).

3.1. Disbursement of MGNREGA wages through post offices

 The Scheme is operational through 96,735 post offices as on 31.03.2014. The MGNEREGS payments for the year 2013-14 are as follows-

Year
No. of MGNREGA accounts (in crore)
Amount disbursed (Rs in crore)
2013-14
6.42
11,403

3.2. Payment of various social security pension schemes: Department also undertakes payment of pensions under National Social Assistance Programme (NSAP) of the Ministry of Rural Development (MoRD). These include:

1.    Indira Gandhi National Old Age Pension Scheme (IGNOAPS),
2.    Indira Gandhi National Widow Pension Scheme (IGNWPS) and
3.    Indira Gandhi National Disability Pension Scheme (IGNDPS)

These payments for pension schemes are being effected either through Money Orders or Post Office Savings Bank (POSB) accounts depending upon the choice of implementing agency and beneficiaries. During the year 2013-14, Rs. 1494.47 crores have been disbursed through 3.95 crores accounts and more than Rs. 4085 crores  have been paid through 5.38 crore money orders.

3.3. Cash Payment under Indira Gandhi Matritva Sahyog Yojana (IGMSY Scheme)
  
 IGMSY, a Conditional Cash Transfer (CCT) Maternity Benefit Scheme for addressing maternal under-nutrition, has been introduced in 52 identified districts through the platform of Integrated Child Development Services (ICDS) Scheme. The Scheme envisages providing cash directly to women during pregnancy and lactation subject to the individuals fulfilling specific conditions. Postal network in these districts is contributing to the success of the Scheme by opening POSB accounts for the beneficiaries and facilitating transfer of cash to them under the Scheme.  More than 4.43 lakh such accounts have been opened so far through which Rs. 70.68 crore have been disbursed.

Through the above activities the postal network has succeeded in increasing the purchasing power of the people, thereby giving impetus to economic activities in the rural and backward  areas of the country.

4.  LIFE INSURANCE SCHEME

Department of Posts provides Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI) schemes to the citizens.  The status of PLI/RPLI funds and the business procured during the last year are as under:

 Year
No. of Policies procured during the year
Sum Assured of policies procured (in Rs. Crore)
Aggregate No. of Policies in force
Aggregate Sum Assured (in Rs. Crore)
2013-14
10,20,379
6850.17
2,32,32,236
99097.34



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BANKING SERVICES IN POST OFFICES -- RAJYA SABHA Q & A


GOVERNMENT OF INDIA
MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY
DEPARTMENT OF POSTS  

RAJYA SABHA
UNSTARRED QUESTION NO.533
TO BE ANSWERED ON 27th FEBRUARY, 2015


BANKING SERVICES IN POST OFFICES

†533. SHRI BHUPENDER YADAV:                                                         

Will the Minister of COMMUNICATIONS AND INFORMATION TECHNOLOGY be pleased to state:

(a)       whether Government proposes to entrust banking related services to the Department of Posts;

(b)       whether all post offices in the country would also function as a bank; and

(c)        if so, by when this work is likely to be completed?

ANSWER

THE MINISTER OF COMMUNICATIONS AND INFORMATION TECHNOLOGY
(SHRI RAVI SHANKAR PRASAD)

(a)       Yes Sir. The Department of Posts applied to the Reserve Bank of India for issuance of license for setting up of Payments Bank on 30.01.2015.
(b)       No Sir. The Government does not propose to convert all post offices in the country to function as a bank. However, Department of Posts applied for license for setting up a Payments Bank on 30.01.2015, which may utilize a part of existing resources /infrastructure of the Department.
(c)        Date of completion of the above work will be depended on the decision of the Reserve Bank of India.

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GOVERNMENT OF INDIA
MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY
DEPARTMENT OF POSTS  

RAJYA SABHA
UNSTARRED QUESTION NO.547
TO BE ANSWERED ON 27th FEBRUARY, 2015

DEPARTMENT OF POSTS ENTERING INTO BANKING SERVICES

†547. SHRI RAM NATH THAKUR:

Will the Minister of COMMUNICATIONS AND INFORMATION TECHNOLOGY be pleased to state:

(a)       whether Government plans to establish Post Bank of India by converting the wide network of post offices spread across the country into commercial banks, if so, the details thereof;

(b)       whether the Department of Posts had expressed its intention before the Government of entering into banking services in the rural areas during a discussion on the suggestions of a task force constituted on India Post; and

(c)        if so, the details thereof and the action plan made by Government in this regard?


ANSWER

THE MINISTER OF COMMUNICATIONS AND INFORMATION TECHNOLOGY
(SHRI RAVI SHANKAR PRASAD)

(a)      The Government does not propose to convert the wide network of post  offices spread across the country into commercial banks. The proposed Post Bank of India is envisaged as an independent entity.
(b)     During the discussions on the suggestions put forward by task force constituted for leveraging the Post Office Network, the Department of Posts expressed the view that it is ready to enter into the banking space with focus on rural areas.
(c)    Based on a consideration of all relevant aspects, the Department of Posts has submitted an application to Reserve Bank of India seeking License for setting up a Payments Bank as an independent entity.
.


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INSURANCE IS COMPULSORY FOR VP ARTICLE ABOVE Rs 1500/-

CLICK HERE for Notification

Department of Posts, Mail Motor Service, Senior Manager (Non-Functional Selection Grade), Senior Manager and Manager Recruitment Rules, 2015.

Monday, March 2, 2015

PJCA Dharna on 02.03.2015 in front of Meghdoot Bhawan, Circle Office, New Delhi









POSTAL JOINT COUNCIL OF ACTION
NATIONAL FEDERATION OF POSTAL EMPLOYEES
FEDERATION OF NATIONAL POSTAL ORGANISATIONS
ALL INDIA POSTAL EMPLOYEES UNION-GDS (NFPE)
NATIONAL UNION GRAMIN DAK SEWAKS


NFPE-FNPO (PJCA) unanimously decided to hold Protest demonstration wearing black badges in front of all divisional offices on 3rd March 2015 against the Anti labour, Anti people budget 2015.



D. Theagarajan                                                                   R. N. Parashar
Secretary General                                                               Secretary General
FNPO                                                                                   NFPE


Copy to: -
All General Secretaries of both Federations. They are requested to mobilize the Circle, Divisional, Branch Secretaries to ensure mass participation and grand success of the above programme.

UNION BUDGET-- HOLD PROTEST DEMONSTRATION ON 3rd March 2015

Confederation National Secretariat calls upon all affiliates to hold Protest Demonstration at all important centers and in front of offices on 3rd March 2015 against the Pro-Corporate , Anti -Worker, Anti- People and Anti- Central Government Employees  UNION BUDGET  of Modi Government.

M.Krishnan
Secretary General 
Confederation

PRESS STATEMENT of CCGEW on BUDGET 2015

CONFEDERATION OF CENTRAL GOVT. EMPLOYEES & WORKERS
1st Floor, North Avenue PO Building, New Delhi – 110001
Website: www.confederationhq.blogspot.com
 President                                                                                                   Secretary General
 K. K. N. Kutty                                                                                                                               M. Krishnan
09811048303                                                                                                                                  09447068125
  Dated: 28th Feb. 2015.

PRESS STATEMENT.
Budget 2015-16.


The Budget of Modi Government for the year 2015-16 presented today to the Parliament by the Finance Minister, Shri. Arun Jaitley belied all expectations of the poor people who placed their faith in the BJP in the last general elections.   It is without doubt an anti-poor and pro-rich Budget.  The Corporate Tax has been slashed to please the giant multinational Corporate houses, who really are the rulers in most of the Countries of the world, including ours.  The Government has foregone about 8300 crores of direct tax revenue.  The burden has been put on to the shoulders of the common working people in the form of indirect taxes to the extent of more than 23000 crores mostly coming from the increased service tax kitty.

Except raising the transport allowance exemption from Rs. 800 to Rs. 1600 p.m which only benefits the higher segment of tax payers among the salaried class, no concession or tax reduction has been given to the wage earners. 

By not raising the non-taxable maximum which was needed in view of the high level of inflation, Modi Government has not only squeezed the middle class but also amassed more tax revenue from those class of wage earners, who get dearness compensation.  In the process Government continue to ignore several judgements to exempt DA from taxation as DA is considered as a receipt, compensatory in nature. The salaried class of tax payers was constantly demanding the re- introduction of deduction under section 16(1) of the I.T. Act which was in vogue years back.  While retaining such concessession and deduction to all other segment of tax payers, the Government continue to penalise wage earners who are really the honest tax payers.

Allocation for every social welfare schemes which targets the deprived section of the society has been reduced in percentage terms, the largest reduction being in the ICDS programme.  The tax concessions to the rich and corporate houses are of the order of 5.89 lakh crores. This apart, the wealth tax has been fully abolished.

The Budget 2015-16 has unambiguously declared the intention of the Modi Government to pursue the neo- liberal economic policies vigorously. 

K.K.N.Kutty
President.

PRESS STATEMENT of CITU on ANNUAL BUDGET 2015-16

CLICK HERE to view