Friday, 5 September 2014

Meeting of the Hon’ble MoC & IT with Indian Postal Service Probationers

Shri Ravi Shankar Prasad, Hon’ble Minister of Communications & IT and Law & Justice, met 13 Probationers of the 2013 batch of the Indian Postal Service at Sanchar Bhawan on 4th September 2014. Secretary, Department of Posts and Director, Rafi Ahmed Kidwai National Postal Academy were also present during the interaction. While addressing the Probationers, the Hon’ble Minister highlighted the need to expose the young officers to the latest developments and emerging trends in the postal and logistics sectors. The Minister also highlighted the Digital India project of the Government of India to make broadband facility available in every village across the country. This would drive up e-Commerce business in villages. With its unparalleled rural reach, India Post would be best suited to offer delivery services to e-Commerce players. The Post Office can also become a focal point for delivering not only Government services but also e-services to the people as in e-service centres,
apart from commercially remunerative services for corporate/private players including conducting market surveys, information dissemination, promoting digital literacy etc. In conclusion, the Minister urged the going officers to drive change in work culture, focusing on provision of public services by all employees as public servants, & shed the mantle of being “Officers”.
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OFFICIAL USAGE OF WORDS -- "INDIA POST" -- "DEPARTMENT OF POSTS" -- "POSTAL DEPARTMENT" -- CLARIFIED

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Posted: 04 Sep 2014 07:23 PM PDT

Union Cabinet today approves 7% DA from July 2014 to CG Employees and Pensioners
Release of additional installment of Dearness Allowance to Central Government employees and Dearness Relief to pensioners due from 01.07.2014 
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for the release of an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from 01.07.2014. This is an increase of seven percent over the existing rate of 100 percent of the Basic Pay/Pension, to compensate for price rise. 

The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission. The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be of the order of approximately Rs. 7691 crore per annum and Rs.5127 crore respectively in the financial year 2014-2015 (i.e. for a period of eight months from July, 2014 to February, 2015).
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Thursday, 4 September 2014

Clarifications on different scenarios being faced or likely to be faced in CBS Post Offices

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COMMITTEE TO EXAMINE UN-CLAIMED AMOUNT REMAINED IN PPF, POST OFFICE AND SAVINGS SCHEMES
Press Information Bureau
Government of India
Ministry of Finance
03-September-2014 18:01 IST
            Finance Minister Approves Setting-up of A Committee to Examine un-Claimed Amount Remained in PPF, Post Office and Savings Schemes and Recommend how this Amount can be Used to Protect and Further the Financial Interest of the Senior Citizens.  
            The Union Finance Minister Shri Arun Jaitley has approved the setting-up of a Committee under the Chairmanship of Deputy Governor, Reserve Bank of India(RBI) to examine un-claimed amount remained in PPF, Post Office, Savings Schemes etc and recommend how this amount can be used to protect and further the financial interest of the senior citizens.
            The Finance Minister, vide para 39 of his Budget Speech 2014-15, had announced that "a large amount of money is estimated to be lying as unclaimed amounts with PPF, Post Office, Savings Schemes etc. these are mostly out of  investments belonging to the senior citizens and on their demise, remain unclaimed for want of relevant payment instructions" and has proposed to set-up a Committee to examine and recommend how this amount can be used to protect and further financial interest of the senior citizens.
            Accordingly, with the approval of the Union Finance Minister, a Committee has been set-up with the following composition: 
1)      Deputy Governor, RBI                                      - Chairman
2)      Secretary, Department of Posts                      - Member
3)      Joint Secretary (Law), M/o Law and Justice  - Member
4)      Dy. Managing Director of S.B.I                        - Member
5)      Executive Director, Punjab National Bank     - Member
6)      Joint Secretary (Budget), DEA                         - Member
7)      Joint Director,                                                   - Member Secretary
National Savings Institute                 
The Terms of Reference (TOR) of the Committee would be: 
·         Based on defined scope, by Reserve Bank of India, estimation of amount lying unclaimed under various scheme's (Small Savings and other Savings Schemes of banks) with Post Offices/ Public Sector Banks;
·         Procedure for bringing such unclaimed deposits to a common pool to be suggested by the Committee. Changes, if any, required to be made in the legal framework may be suggested. Committee to also suggest if such a pool should be placed within Government account or outside it.
·         Committee to recommend how this unclaimed amount can be used to protect and further financial interests of the senior citizens.

            The Committee will submit its Report by 31st December 2014.
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President releases a set of eight Commemorative Postage Stamps on Indian Musicians





The President of India, Shri Pranab Mukherjee released a set of eight Commemorative Postage Stamps on Indian Musicians at a function held at Rashtrapati Bhavan today (September 3, 2014). 

The set of stamps brought out by the Department of Posts feature luminaries in the field of classical Indian music namely Pandit Ravi Shankar, Pandit Bhimsen Joshi, Ms. D.K. Pattammal, Pandit Mallikarjun Mansur, Ms. Gangubai Hangal, Pandit Kumar Gandharva, Ustad Vilayat Khan and Ustad Ali Akbar Khan. 

Speaking on the occasion, the President stated that as we pay tribute to eight of the greatest music maestros of contemporary India, we celebrate their life and work and their matchless legacy. These eight maestros are, without a doubt, among the tallest luminaries in the history of world music. They have not only achieved personal perfection but have made extraordinary contributions, in their respective fields, to the development and evolution of the schools of music in which their talents were nurtured and honed. Their contribution and its enrichment of our cultural heritage cannot be quantified or estimated. It is infinite in its resonance and their names will be mentioned with great reverence. Their music will be cherished by the young and old, for many decades to come. 


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Monday, 1 September 2014

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