The following is the message we downloaded by the IP/ASPos association web site of Karnataka circle. During the course of interaction with senior officers at Ghaziabad on 19.1.2011, the same of well explained by our General Secretary that the marketing activities like UTI, ICICI mutual funds mar the image of the department and that the goodwill of post offices have been misused for their business like this mutual funds, RML for Gold coins etc.
We condemn the incidents and the officials who are responsible for such happening either to repent or come forward to arrest such incidents in future.
INSPECTOR,MAIL OVERSEER AND BPM VILLAGE ARRESTED
RESULT OF DEPARTMENT TIE UP WITH MUTUAL FUNDS
BPM, Chithenahalli BO a/w Nandi SO, Mail Overseer & Inspector Posts, Chickballapura Sub Division under Kolar Division of South Karnataka region were held captive by the Villagers for the reason that the UTI Advantage Fund did not get doubled in three years as promised by the then Divisional Administration.
It was intimated that there was no cooperation from the present Divisional Administration to release the staff from villagers who held them captive.
CS Karnataka circle Naveen Chander & DPS Dr P.M.Sharvanan talked over phone with IP, Chickballapura Sub Division and only after intervention form Police Authorities ,staff were released from the captivity .It can be happened to any one any where. Be careful. (News source : CS Karnataka circle)
2 comments:
Shame on the department to have been a mute spectator. What the divl head was doing. Was he playing fiddle? But for the timely intervention of the Cir union, the episode could have been more bitter and sore. Will the insensitive DOP learn a lesson or turn a blind eye. Only time will tell.
J. SRIVENKATESH, TN CIRCLE
The mutual fund products are gove approved gampling with tyhe help of fast technology & corpartate lobbies.In variably all the products are mis sold by the agent under the the past performence.Assumed return Interpreted as assured return in most of the cases.The logic behind the marketing is not known to any of our marketing staff.Now the higher ups are in the mood to not to devote any time or intervention in any post office to tap the potential of postal products.For doing postal govt imposing lot of impediments for middle classs investors.The KYC norms not & identity not necessary & apllicable to the person who wants to invest 100 crores in stock market.For 10 Rupee RD investor has to submit all docs.By matuity we cant purchase half kg onion at the time.Torturing the small investor exceeds limit. Repugnance in the equity market to the middle class directly or circuitously through mutual funds has been changed by the corporate Medias through embedded journalism & propaganda by selling agents. The conservative saving avenues does not offer the returns even for current level of inflation and after deducting the tax liability the return may some time negative.
Keep[ing the higher ups as a pawn is anguish of the persons those who lose the hard earned money.All are not getting the revenue like spectrum benificiaries.Remember one thing such prducts are not suitable for rural peoples.
Post a Comment