An Organisation for the welfare of postal employees

Saturday, October 22, 2011

Bill for revamping India Post soon: Sibal

A bill for revamping the postal department, which includes opening up some segments to private players, will be introduced in parliament soon, Communications and IT Minister Kapil Sibal said Thursday.

The bill also aims at registration of couriers by an independent registration authority, Sibal said while addressing the Economic Editors Conference here.

The minister added that a detailed project report on the setting up of a Postal Bank of India will be finalised in the next six months.

“This will enable India Post to extend micro credit and other loans through vast network of 1.55 lakh post offices, coupled with other financial services like micro-remittance, micro-insurance and micro-pensions,” he said.

The revamped postal network will boast of over 1.55 lakh computerised post offices, banking services through post offices with ATM facility and delivery of banking, insurance and mailing services in rural areas through hand-held devices.

Source: www.thaindian.com

Wednesday, October 19, 2011

Orders Issued for Payment of Dearness Allowance to Gramin Dak Sevaks (GDS)

The Department has issued orders for payment of Dearness Allowance to the Gramin Dak Sevaks (GDS) working in the Department of Posts, at the revised rate with effect from 01.07.2011. The DA has been enhanced by 7%. By this, the DA will be enhanced from the existing rate of 51% to 58% on the Time Related Continuity Allowance (TRCA) wef 01.07.2011.

The order is posted below:

No.14-01/2011-PAP
Government of India
Ministry of Communications & IT
(Establishment Division)
Dak Bhawan, New Delhi-110001
Dated 18th October, 2011

To
All Chief Postmaster General
All GMs (PAF) /Director of Accounts (Postal)

Subject: Payment of Dearness Allowance to Gramin Dak Sevaks (GDS) at revised rates w.e.f. 01.07.2011 onwards-reg.


Consequent upon grant of another installment of Dearness allowance , with effect from 1st July, 2011 to the Central Government Employees vide Government of India , Ministry of Finance , Department of Expenditure, OM No. 1(14)/2011-E-II(B) dated 3rd October,2011, the Gramin Dak Sevaks(GSD) have also become entitled to the payment of dearness allowance on basic TRCA at the revised rate with effect from 01.07.2011. It has, therefore, been decided that the dearness allowance payable to the Gramin Dak Sevaks shall be enhances from the existing rate 51% to 58% on the basic Time Related Continuity Allowance with effect from the 1st July, 2011.

2. The additional installment of dearness allowance payable under this order, shall be paid in cash to all Gramin Dak Sevaks. The payment of arrears of dearness allowance for the months of July to September, 2011, shall not be made before the date of disbursement of TRCA for the month of September, 2011.

3. The expenditure on this account shall be debited to the Head" Salaries" the relevant head of account and should be met from the sanctioned grant.

4. This issues with the concurrence of Integrated Wing vide their Dairy No. 123/FA/II/CS dated 18th October, 2011.

Sd/-
(Kalpana Rajsinghot)
Director (Estt.)

Tuesday, October 18, 2011

Amendments to Indian Post Office Act soon

Paving way for over 1.5 lakh post offices to offer banking and insurance services, especially in the hinterland, the government will soon make amendments to 'The Indian Post Office Act, 1898'.

"The draft amendment bill to make necessary changes in 'The Indian Post Office Act, 1898' has been circulated by the Department of Post for enabling post offices to enter banking and insurance sector," a source privy to the development said.

He further said, "The Planning Commission is vetting the proposal to convert post offices across the nation into full fledged banks and provide insurance service."

Besides mail service, post offices in the country have broadly confined their business to offer financial services like savings bank, postal life insurance, pension payments and money transfer services.

The Department of Posts (DoP), which has the largest reach in the country, has diversified in recent times with providing facilities like rail reservation and telephone recharge coupons, but this move will substantially improve its basket of services.

The government, according to the source, wants to completely give a new dimension to the way post offices do business in the country and this Bill is a step towards that goal.

With this initiative, the Department of Post (DoP) wants to tap the vast rural market with modern banking facilities through post offices.

"We want to commercialise the department. We will seek a licence from the RBI to convert all our post offices into banks," Telecom Minister Kapil Sibal had recently said.

The lack of modern banking facilities in rural areas and dependence of villagers on informal sector for their credit requirements have prompted the government to work on financial inclusion by way of setting up 'postal banks'.

"The State Bank of India can't build branches all over India, but there are post offices across India. The branches are already there, so infrastructure expenditure is not required. So you can actually give banking facilities at relatively lower costs, which would be extremely beneficial to people," he had said.

This will also pave the way for the DoP to offer ATM services and debit cards to its customers.


Source: www.financialexpress.com

Monday, October 17, 2011

Attestation of Annexure-II and Annexure-III in case of deceased claim case preferred where there is no nomination- a clarification regarding.

SB ORDER NO. 21/2011
No. F.No.113-07/2008-SB
Government of India
Ministry of Communications & IT
Department of Posts

Dak Bhawan, Sansad Marg,
New Delhi-110001, Dated: 12.10.2011
To
All Heads of Circles/Regions
Addl. Director General, APS, New Delhi.

Subject:- Attestation of Annexure-II (Affidavit) and Annexure-III (Disclaimer on Affidavit) in case of deceased claim case preferred where there is no nomination- a clarification regarding.


Sir / Madam,
The undersigned is directed to say that after issue of new procedure for payment of amount of Savings Bank/Certificates in the name of deceased depositor/holders circulated vide SB Order No.25/2010 dated 24.12.2010, this office was receiving many references from the field units regarding attestation of Annexure-II and III by the Notary Public. The matter was referred to Min..of Finance, Department of Economic Affairs for clarification.

2. Min. of Finance (DEA) has now clarified that the matter was referred to Min. of Law and Justice who opined that Annexure-II and III may be attested either by Oath Commissioner or by Notary Public. Therefore, it is requested that necessary amendment may be made in these forms accordingly. Amendment to the forms notified by Min. of Finance in respect of PPF and Sr. Citizen Savings Scheme will be made by the ministry shortly.

3. It is requested that this clarification may be circulated to all all field units and all deceased claim cases kept pending for this reason should be settled urgently.

4. This issues with the approval of DDG(FS).

Yours faithfully,
Sd/-
(Kawal Jit Singh)
Assistant Director (SB)

Out Station Allowance for RMS Staff - Revision of Rates

No.28-2/2010-D
GOVERNMENT OF INDIA
MINISTRY OF COMMUNICATIONS &IT
DEPARTMENT OF POSTS
MAIL BUSINESS (DEVELOPMENT & OPERATIONS) DIVISION

DAK BHAWAN, SANSAD MARG,
New Delhi-110001 Dated: 13.10.2011

Sub: Outstation allowance for RMS Staff-revision of rates thereof.


This has reference to Directorate memo of even no. dated 19.07.2011 on the subject noted above and reference received from the staff side.

The mater has been examined and it has been clarified in this regard that the higher rate of OSA is admissible only to the LSG Supervisors of the Transit/Mail Sorting Sections holding norms-based LSG Posts and not to the LSG/Sorting Assistants who have been placed in higher grade of pay under MACP Scheme.

Sd/-
R.Kumar Raj
Asstt Director (Task Force)