Friday, December 23, 2016

SOME IMPORTANT MATTERS TAKEN UP WITH SECRETARY POSTS BY OUR NFPE FEDERATION/CHQ DURING THE JCM DC MEETING HELD ON 20.12.2016


DEAR COMRADES,


AT THE TIME OF JCM DEPARTMENTAL COUNCIL MEETING HELD ON 20.12.2016, THE FOLLOWING CASES WERE TAKEN UP WITH THE SECRETARY POSTS, BY OUR FEDERATION/ CHQ AS OUT OF AGENDA. 

THE LETTERS WERE HANDED OVER PERSONALLY WITH THE SECRETARY POSTS AND REQUESTED TO INITIATE ACTION ON THESE MATTERS. THE COPY OF LETTERS ARE PUBLISHED HEREUNDER FOR YOUR VIEW.




Two-day special leave to SBI employees


State Bank of India will grant special leave of two days to its employees as reward for having taken additional stress since November 8 when demonetisation was announced.

Employees would be able to avail this leave any time until March 2018, said SBI Chairman Arundhati Bhattacharya in Mumbai on Wednesday.

“Our employees will get rewarded, I am sure. We are looking into what can be done. We have already given overtime wherever it is due.”

On the issue of new currency notes being diverted by some bank employees, Bhattacharya clarified that in any system there would be a few bad examples.

She observed that such incidents of ₹100-200 crore being diverted to a select few had created doubts in the minds of people. The banking sector had dispensed ₹7 lakh crore worth of money in the system during this period. But those who are guilty of such malpractices will be dealt in accordance with law, she said.

Bankers have been going about their job silently and without being given credit for implementing such a challenging task, she said.

They had been putting in late hours and many could not go home in the initial few days, she said.

The SBI chief said that there were checks and balances in place but if checks were tightened further, banks would not be able to serve their customers.

SBI was using analytics to ascertain the number of notes received by the bank versus the number issued to customers, besides reporting suspicious transactions on a daily basis, Bhattacharya said.



The Postman DR Examination in respect of Andhra Pradesh Circle


The Postman Direct Recruitment Examination in respect of Andhra Pradesh Circle

The Postman DR Examination in respect of Andhra Pradesh Circle scheduled to be held on 24.12.2016 is postponed to29.01.2017



ALLOWANCES OF DIFFERENT CADRES IN POSTAL ADMINISTRATIVE OFFICES



Some more intereting points about IPPB



1.As DOP is doing agency functions to MOF in PODB Schemes only, Whereas IPPB is completely owned by Ministry of Communications the Administrative Pricing Mechanism will go.i.e interest rates will be decided by itself.

2.The Schemes operated will be only the two i.e. CA/SA only with maximum limit of one lakh only.

3.The reason for keeping minimum balance is to avoid high networth customers and to provide all services hitherto not available to un/under banked low income customers.

4.After recruitment of high level functional officers a management board will be constituted under the designated chairman cum managing director who is going to be appointed from banking industry.The members of the board will include secretaries of Ministry of Communications, Ministry of Expenditure and the Ministry of Food and civil supplies all the three who are part of IPPB and whose programs will be implemented through IPPB

5.Choosing an operative partner is going to be done by the board, As you all aware already more than 50 institutions are given their consent to be part of IPPB.

6. The collected funds after RBI stipulation s of CRR and Capital Adequacy Ratio the first 75% will be deposited in Govt Securities and the remaining 25% will be parted with the stregetic partner chosen for banking commercial activities.

7.The account opening mode will be hussle-free and on E-KYC method, By just pressing your any finger on the machine and by feeding of just your AADHAAR number. No physical presence or documentation.

8.All DBS schemes of govt of India and its various ministries social benefit scheme last mile delivery will be ensured only through IPPB only.


9.The other banking activities of ECS,Loan disbursement, and collection of its EMI,and utility payments,and the money transfer amongst the banks and clearing of cheques and instruments will be carried out by IPPB.

10. All POSB activities will be continued till the natural closing of the schemes takes place separately on Finnacle platform or till the integration of the leftover SOLs that's sub- offices . For the present they will carryout IPPB operations too along with POSB module.

11.The local money lending through institutions will be boosted by IPPB, The roadside vendors and whose mercantile activities were not till now have the facilities of bank financing will be connected through IPPB to the partner bank or any other bank if so desired.

12.Daily collection of deposits by postman of that area and operation of postman as teller for their banking activities will make sure the inclusive banking for all and at the doorstep can be achieved in the current scenario of cash less economythis very big enterence of IPPB is going to make a big difference.

13.Lastly,the financial stability of IPPB will be ensured by the very big institutional backing of the the INDIA POST and its already trained manpower, with the help of agile postman whose activities are going to be manifold. As of now all the banks profitability is nowadays hinges on fee based income.

Now. 16% of their income is on the services provided. Hence the ATM services and fee based income of IPPB is conservatively estimated at rupees 500 crores at the end of 5th year of operations. That against an equity capital of rupees 400 crores Which makes an EPS of 1.25 rupees against 1 rupee share value.Which will ensure it to offer its shares in public to raise its further capital without knocking the doors of the mentor i.e govt.

14.kindle do keep in mind IPPB is registered Public Limited Company wholly owned by Ministry Of Communications.

7th pay commission: Government mulling over higher allowances without arrears


New Delhi: The government is considering to give relief to central government employees amid cash crunch, which refusing to ease on even after six weeks of the demonetisation announcement, official sources today said.

“We can expect the higher allowances without arrears under 7th pay commission recommendations in the coming days as the PMO thinks payment of the higher allowances with salaries on salary day cannot be “chaotic”, a close aide of the Finance Minister told The Sen Times.

“The PMO might ask the Finance Ministry to ready the higher allowances proposal without arrears before the budget. The Finance Minister Arun Jaitley can also take some time to formalise this announcement. The issue of arrears of higher allowances may not be reconsidered”, he said.


Another official said the government is considering to make only allowances hike for its employees. “The financial advisors of the government believe it could be tough to give arrears of the higher allowances as millions will queue outside the money dispensers to get higher allowances as the cash crunch may be normalised in three to four months.”, the official revealed.

In the current financial year, the government has given higher basic pay with arrears, effective from January 1, 2016 to its employees on the recommendations of the 7th pay commission but the hike in allowances other than dearness allowance referred to the ‘Committee on Allowances’ headed by the Finance Secretary Ashok Lavasa for examination as the pay commission had recommended of abolishing 51 allowances and subsuming 37 others out of 196 allowances.

Existing allowances are now paid to the central government employees according to the 6th Pay Commission recommendations until issuing of higher allowances notification.

Earlier, Finance Secretary Ashok Lavasa said, “We are ready to submit our report, when the Finance Minister Arun Jaitley calls up.”

But the government gave extension to the committee up to February 22, 2017 to take cash crunch turn for better.

“The government would comply with the cash crunch to give higher allowances without arrears. The government wishes to give the higher allowances with arrears from August to its employees”, said the sources.

They said the PMO still wants to somehow bring out the higher allowances without arrears for the central government employees now, “but the Finance Ministry cannot take emotional decisions. We hope the announcement for the higher allowances will come with arrears soon after the budget.”
“The committee on allowances proposed higher allowances from August 2016 but the central government employees unions demanded for implementation of the allowances with retrospective effect from January 2016,” the sources also said.

TST


Updation of web-based data of PA Grade of CSSS in CSCMS


No. 5/4/2016 CS.II(C)
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel and Training
3rd Floor, Lok Nayak Bhawan,
Khan Market, New Delhi -110 003
Dated: 22nd Dec., 2016
OFFICE MEMORANDUM

Subject: Updation of web-based data of PA Grade of CSSS in CSCMS-reg.


The undersigned is directed to say that the information in respect of Personal Assistants of CSSS who are posted in all the Ministries/Departments is essentially required to be updated for several purposes ego filling of Immovable Property Return (IPR), updation of web-based data of PAs and filling up of unfilled vacancies etc. It will also serve other purposes- record maintenance, preparation of CSL etc.

2. All Ministries/Departments are, therefore, requested to furnish the requisite information of PA Grade as oh 31.12.2016 in the proforma attached by 15.01.2017 positively to enable this Department to update the records of PA Grade.
Encls:- As above

(Umesh Kumar Bhatia)
Under Secretary to the Govt. of India





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