Tuesday, January 17, 2017

Transfer policy for officers of Indian Postal Service(IPoS), Group 'A' (Junior Time Scale, Senior Time Scale, Junior Administrative Grade and Senior Administrative grade).



Enhancement of withdrawal limits from ATMs and Current Accounts

Enhancement of withdrawal limits from ATMs and Current Accounts
RBI/2016-17/213
DCM (Plg) No.2559/10.27.00/2016-17
January 16, 2017
The Chairman / Managing Director / Chief Executive Officer,
Public Sector Banks / Private Sector Banks / Foreign Banks /
Regional Rural Banks / Urban Co-operative Banks /
State Co-operative Banks/District Central Co-operative Banks
Dear Sir,
Enhancement of withdrawal limits from ATMs and Current Accounts
Please refer to our circulars DCM (Plg) No. 127413171437 and 2142/10.27.00/2016-17 dated November 14, 21 and 28 and December 30, 2016, respectively, on the above subject.
2. On a review of limits placed on withdrawals from ATMs and current accounts, it has been decided to enhance the same, with immediate effect as under:
(i) The limit on withdrawals from ATMs has been enhanced from the current limit of ₹ 4,500/- to ₹ 10,000/- per day per card (It will be operative within the existing overall weekly limit).
(ii) The limit on withdrawal from current accounts has been enhanced from the current limit of ₹ 50,000/- per week to ₹ 1,00,000/- per week and it extends to overdraft and cash credit accounts also.
3. There are no changes in the other conditions. The relaxations as provided in our circular dated November 28, 2016 will continue.
4. Please acknowledge receipt.
Yours faithfully,
(P Vijaya Kumar)
Chief General Manager

Saturday, January 14, 2017

Wishing all members, track in viewers a HAPPY SANKRANTI





GS written for grant of honorarium to IP/ASPs/PS Gr. B/Gr. A Officers deployed during demonetization drive of currency notes at post offices


No. CHQ/AIAIASP/Demonetization c. notes/2017               Dated :   13/1/2017


To,
Shri B. V. Sudhakar,
Secretary (Posts),
Department of Posts, 
Dak Bhavan, Sansad Marg, 
New Delhi 110 001. 

Subject: Grant of honorarium to IP/ASPs/PS Gr. B/Gr. A Officers deployed during demonetization drive of currency notes at post offices - reg

Respected Sir,

IP/ASP Association intend to bring to your kind notice that Postal fraternity stood rock solid with the Government and worked round the clock for the success of demonetization drive from 9-11-2016 to 30-12-2016. Most of the IPs/ASPs/PS Gr. B and Gr. A officers have worked relentlessly on Saturdays, Sundays, public holidays and during extended duty hours up till midnight on all working days without any excuse or leave, apart from carrying out their routine work. Thus, our Department contributed the most in the successful demonetization drive and consequently got high-quality appreciation from PMO.

It is pertinent to mention here that the bank authorities has recognized efforts of their staff and come out with a benevolent idea of rewarding them by granting/paying honorarium/incentive @ Rs 3000/- per employee involved in the drive. They have also been granted special leave for the extra work attended by them. Our staffs involved in this successful drive also deserve similar appreciation and similar incentive/honorarium purely as a matter of reward for their relentless service.

It is therefore requested to kindly look into the issue and consider grant of honorarium/incentive to IP/ASPs and other postal staff involved in the demonetization drive so that our employees feel themselves at par with bank officials. This Association expect a positive reply in this regard which will definitely motivate our cadre officers and the postal staff for such additional work.

Hoping for a positive action and line in reply is requested.       

Yours sincerely,

Sd/- 
(Vilas Ingale)
General Secretary 

Tuesday, January 10, 2017

Sunday, January 8, 2017 PM released commemorative postage stamps on India-Portugal joint issue





Hon'ble Prime Minister Shri Narendra Modi and Prime Minister of Portugal Mr. Antinio Casto released a set to joint postage stamps on 7th January 2017 at New Delhi. The stamps features dance forms of the two countries. 

India Post has released a set of two stamps (5 Rs and 25 Rs) on 7th January 2017 to commemorate 500 years of diplomatic relations between India and Portugal. Stamps depicts dances of both the countries. A miniature sheet has also been released  of the issue.

Declaration of Holiday on 14.01.2017 to all Postal operative offices in AP circle


Change of holiday from 05.04.2016 to 14.01.2017 for operative offices


Sunday, January 08, 2017

Eat Bananas, Potatoes, Grains For A Healthy New You

Washington: Eating bananas, potatoes, grains and legumes, foods that are rich in resistant starch support gut health and enhance satiety, reports a study.
Eating bananas that is rich in resistant starch support gut health and enhance satiety, reports a study.
Eating bananas that is rich in resistant starch support gut health and enhance satiety, reports a study.
The study was published in the journal of Nutrition Bulletin.
Researchers examined the potential health benefits of resistant starch, a form of starch that is not digested in the small intestine and is therefore considered a type of dietary fibre.
Some forms of resistant starch occur naturally in foods such as bananas, potatoes, grains and legumes and some are produced or modified commercially and incorporated into food products.
“We know that adequate fibre intake — at least 30 g per day — is important for achieving a healthy, balanced diet, which reduces the risk of developing a range of chronic diseases,” said Dr. Stacey Lockyer co-author of the Nutrition Bulletin review.
“Resistant starch is a type of dietary fibre that increases the production of short chain fatty acids in the gut and there have been numerous human studies reporting its impact on different health outcomes,” Lockyer added.
There has been increasing research interest in resistant starch, with a large number of human studies published over the last 10 years looking at a variety of different health outcomes such as postprandial glycaemia, satiety and gut health.
The review summarises reported effects and explores the potential mechanisms of action that underpin them. For example, there is consistent evidence that consumption of resistant starch can aid blood sugar control.
The findings showed that that resistant starch can support gut health and enhance satiety via increased production of short chain fatty acids.
“Whilst findings support positive effects on some markers, further research is needed in most areas to establish whether consuming resistant starch can confer significant benefits that are relevant to the general population; however this is definitely an exciting area of nutritional research for the future,” Lockyer concluded.
source: The Sen times.

Tuesday, January 03, 2017

Our Association conveyed new year wishes to CPMG, TS Circle and also conveyed wishes to PMG(HR), PMG(HQ), DPS(HQ), DAP and other officers



Distribution of duties amoung Officers/ASP/IPs in the O/o CPMG, Telangana Circle.



7th Pay Commission: Top 2 developments before Budget 2017 raise hopes for Central Government Employees

The finance ministry seems better placed now after demonetisation to decide on raising allowances as recommended by the 7th Pay Commission.
With the dust at least partly settled over demonetisation and the subsequent disruption at the finance ministry, there seems to be renewed cheer among Central government employees of a decision on allowances as recommended by the 7th Central Pay Commission (CPC). Two developments in this regard are worth taking note of, even as Budget 2017 is about a month away.
As has been reportedly earlier, the second amnesty scheme for tax defaulters — Pradhan Mantri Garib Kalyan Yojana, 2016 — estimated to net the Modi government a substantial amount, the financial outgo of Rs 1,02,100 crore no longer seems to be a hurdle.
However, the note ban decision and the spate of activities that followed the decision about raising allowances to the back burner made employees restive.
Now they hope the government will quickly move on the issue that involves about 47 lakh Central government employees and 53 lakh pensioners, of which 14 lakh employees and 18 lakh pensioners are from the defence forces.
While a website claiming to represent bureaucrats said that the finance ministry is likely to pay the enhanced allowances (possibly along with arrears) after Budget 2017 in February, another said that employees have sought a meeting with the ministry to resolve the issue at the earliest.
"Government is very pleased to pay the higher allowances to its employees after Budget. The acute cash crunch in banks and ATMs that prevailed for a month following the demonetization move of the government has eased from January 1, as the daily withdrawal limit from ATMs has been increased from Rs 2,500 to Rs 4,500. Hence, the Finance Ministry felt it would be wiser to announce of higher allowances after Budget," the Sen Times quoted a senior finance ministry official as saying.
Another significant development is a communication by the staff side National Council of the Joint Consultative Machinery (JCM) seeking an early redressal of the issue.
"Almost four months have passed (since September 1, 2016 meeting) without any outcome. All the Central Government Employees are quite agitated as well as are having mental agony because allowances of the VII CPC, have not been implemented. You are therefore, requested to fix-up a meeting of the Committee on Allowances, at an earliest to resolve the issues placed in the memorandum of the Staff Side(JCM) on various allowances," the letter read.
The CPC examined 196 allowances and gave its recommendations on abolishing or raising some of them while recommending others to be subsumed with other perks. It had proposed 138.71 percent hike in HRA and 49.79 percent for other allowances, while submitting its voluminous report in November 2015.
The Budget for the financial year 2017-18 is likely to be presented on February 1 by Finance Minister Arun Jaitley.



Calculation of financial implications by the 7th CPC.7th Central Pay Commission

POSB - "Anywhere Banking" India Post ATM connected to NPCI Switch successfully

About NPCI

National Payments Corporation of India (NPCI) is an umbrella organisation for all retail payments system in India. It was set up with the guidance and support of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA).

During the last five years, the organisation has grown multi-fold from 2 million transactions a day to 20 million transactions now. From a single service of switching of inter-bank ATM transactions, the range of services has grown to Cheque Clearing, Immediate Payments Service (24x7x365), Automated Clearing House, Electronic Benefit Transfer and a domestic card payment network named RuPay to provide an alternative to international card schemes. As on end-October 2015 over 220 Million Indians own RuPay cards. 


31.12.2016 onward PO SB Debit Card Holder can withdraw money from any Bank ATM and the same, Any Bank Debit Card Holder can also use India Post ATM. It is major step taken by Government to utilise DOP ATM now a days of Demonetisation. The India Post has 1000 working ATM across the country and it can play a big role to reduce burden on Bank ATM.





Status of our Contempt Petition regarding upgradation of Grade Pay of Inspector Posts w.e.f 01.01.2006 .... updates


It is learnt from our counsel that, today respondent i.e. Secretary, Department of Expenditure, Ministry of Finance has filed counter reply to contempt petition filed by Association under No. CP/180/137/2016 (in OA no. 180/289/2013)before Hon'ble CAT Ernakulam Bench. Two 

Friday, December 30, 2016

Union Cabinet approves ordinance to impose penalty for holding old notes

NEW DELHI: The Union Cabinet on Wednesday approved promulgation of an ordinance to impose a penalty, including a jail term, for possession of the scrapped 500 and 1,000 rupee notes+ beyond a cut-off. 

The Cabinet headed by Prime Minister Narendra Modi also approved an ordinance to amend the RBI Act to extinguish the liability of the government and the central bank on the demonetised high-denomination notes to prevent future litigations.

Official sources said the ordinance has been cleared, but did not say if the penal provisions would apply for holding the junked currency after the 50-day window to deposit them in banks ends as of December 30 or after March 31, till which time deposit of old currency notes at specified branches of the Reserve Bank after submitting a declaration form is open. The ordinance on denotification of Rs 500 and Rs 1000 notes has been sent to President Pranab Mukherjee for his assent. The penalty for holding old currency in excess of 10 notes may include financial fines and a jail term of up to 4 years in certain cases.

After December 31, the government through a separate notification and clarification will specify cases eligible to get the banned currency deposited in specified branches of the RBI. 

While announcing the demonetisation of the old currency on November 8, the government had allowed holders to either exchange them or deposit in bank and post office accounts. While the facility to exchange the old notes has since been withdrawn, depositors have time till Friday to deposit the holding in their accounts.

The ordinance is expected to be replaced by a law in the Budget session of Parliament, likely to begin by the end of January.
Of the Rs 15.4 lakh crore worth of currency that was scrapped, Rs 14 lakh crore has been deposited in banks or exchanged. 

Source :  http://timesofindia.indiatimes.com

Amendment in RRs for revising the upper age limit as 30 years for the recruitment made under Combined Graduate Level Examination conducted by SSC for the post carrying Grade Pay of Rs. 4200, 4600 & 4800/-.

Timely and advance action in filling up of the Direct Recruitment (DR) vacancies.