Shri Rupesh Sonawale, ADPS(PSR), Circle Office, Maharashtra felicitating Shri Saste, Dy.Director, Mumbai GPO. On his right, Shri S. Murugeshan, ADPS(Technology) Circle Office , Maharashtra
All ADPS, IPOs and ASPOs of Circle and Regional Office.
CAT case i/c/w to grant GP of Rs.5400/- after completion of 4 years in GP of Rs. 4800/-.
Atal Bihari Vajpayee, Madan Mohan Malviya to be awarded Bharat Ratna
NEW DELHI: The Union government on Wednesday announced the prestigious Bharat Ratna, India's highest civilian honour, for former Prime Minister Atal Bihari Vajpayee and freedom fighter Madan Mohan Malaviya.
A meeting of the Union Cabinet was convened here on Wednesday where the decision to confer the honour on Vajpayee and Malviya was taken.
The announcement coincides with Vajpayee's birthday on December 25 which the government has already declared as the 'Good Governance Day'.
A Bharat Ratna for Madan Mohan Malaviya, freedom fighter and educationist popularly known as 'Mahamana', was one of the promises made by Prime Minister Narendra Modi during his election campaigns.
"The President has been pleased to award Bharat Ratna to Pandit Madan Mohan Malviya (posthumously) and to Atal Bihari Vajpayee," a press communique from Rashtrapati Bhavan said.
43 people have been honoured with the Bharat Ratna since its inception, including scientist CV Raman, cricketer Sachin Tendulkar, singer Lata Mangeshkar and politicians C Rajagopalachari.
A meeting of the Union Cabinet was convened here on Wednesday where the decision to confer the honour on Vajpayee and Malviya was taken.
The announcement coincides with Vajpayee's birthday on December 25 which the government has already declared as the 'Good Governance Day'.
A Bharat Ratna for Madan Mohan Malaviya, freedom fighter and educationist popularly known as 'Mahamana', was one of the promises made by Prime Minister Narendra Modi during his election campaigns.
"The President has been pleased to award Bharat Ratna to Pandit Madan Mohan Malviya (posthumously) and to Atal Bihari Vajpayee," a press communique from Rashtrapati Bhavan said.
43 people have been honoured with the Bharat Ratna since its inception, including scientist CV Raman, cricketer Sachin Tendulkar, singer Lata Mangeshkar and politicians C Rajagopalachari.
The DPC for the
promotion to the cadre of Assistant Superintendent, Post
The DPC for the promotion to the
cadre of Assistant Superintendent, Post is going to be held during the first
week of the Jan 2015. The following officer is in the zone of promotion. All
Regional Secretaries and the members are requested to confirm the submission of
the requisite documents to there regional administration immediately.
The
name of the officer who is zone of promotion.
1.
Shri
S L Bansode
2.
Smt. Amita Kumari
3.
Shri K L Naitam
4.
Shri T F Tadvi
5.
Shri
N S Yeola
6.
Shri
A K Kadam
7.
Smt V V Vaskar
8.
Smt S S Poojari
9.
Shri N R Patil
10.
Smt
S Y Desai
11.
Shri
R B Ghayal
12.
Smt
S S Dalvi
13.
Smt
A G Kauthankar
14.
Shri
Praveen Kumar
15.
Shri
Prabhat Kumar
16.
Shri
A F Dandge
17.
Shri
A G Salunkhe
18.
Shri
N Kartiken
19.
Shri
R N Habe
20.
Shri
C M Subramanium
21.
Shri
K. Mohandas
22.
Smt
Geetu Kumari
23.
Shri
S Gopinath
24.
Shri
K Ganesan
25.
Shri
V. Ramesh Prabhu
Photos of CBS Go Live at Chiplun HO
Chiplun HO is successfully migrated in Core Banking Solution on 24.11.2014, inaugration of the same was held on 25.11.2014.
Inauguration ceremony was led by :
1. Shri B R Sutar, Supdt. of Post Offices, Ratnagiri Div.
2. Shri A D Sarangale, Astt. Supdt of POs, Chiplun Sub Dn.
3. Shri V S Gholkar, Postmaster (HSG-I), Chiplun HO
and all staff of Chiplun HO
Central government launches special deposit scheme for the girl child
To help channelise small savings, government has launched a special deposit scheme for girl child -- Sukanya Samriddhi Account-- which can be opened in banks and post offices and half of the funds can be withdrawn for her higher education and marriage.
While the scheme has been notified by the government, the special interest rate applicable to it would be determined later. Under the scheme, an account can be opened in the name of a girl child up to the age of 10 years.
The scheme would mature on completion of 21 years from the date of opening of the account, and deposits can be made till completion of 14 years. The account can be transferred anywhere in India if the girl child shifts to a place other than the city or locality where the account stands.
Further, 50% of the deposit could be withdrawn for the purpose of higher education and marriage of the girl child after she attains 18 years of age, said the notification.
"The account shall be opened and operated by the natural or legal guardian of a girl child till the girl child in whose name the account has been opened, attains the age of 10 years," it added. After attaining age of 10 years, the account holder can herself operate the account.
In the event of death of the account holder, the account would be closed immediately, and the balance at the credit of the account would be paid along with interest till the month preceding the month of premature closure of the account. The scheme is aimed at garnering small savings and channelising them for development of infrastructure.
CHQ News.....
- Information of 4 to 5 officers of UP Circle is awaited. There would be about 25 to 28 vacancies and result is awaited very soon.
2. DPC for promotion to the cadre of PS Gr. B for the vacancies of 2014-15.
- Information of 6 officers is still not received from Circles. DPC is likely to be held in this month only for about 150-160 vacancies and if JTS DPC is convened before DPC of PS Gr. B, then there is chance of another additional 25 to 30 vacancies.
3. DPC for promotion to the cadre of JTS Gr. A for the year 2013-14.
- Date of holding of DPC is awaited from UPSC. There would be about 37 to38 vacancies.
4. Request for grant of GP Rs. 5400/- to the ASPs after completion of 4 years of regular service in GP of Rs. 4800/- earned under MACP Scheme
- File is said to be sent to Nodal Ministry.
5. Issue of revised Recruitment Rules for the post of Assistant Manager in MMS.
- Issue is delayed due to non availability of feeder cadres RRs.
6. Non holding of PS Gr. B Examination for the year 2013 and 2014.
- There is no progress in the matter.
7. Vigilance enquiry in the death case of Ms Mohini Gupta Ex-ASP Ajmer(Rajasthan circle)
- Report from Rajasthan Circle is awaited.
8. Issue of seniority list of Inspector Posts cadre since 2000 onwards
- It is delayed due to some technical problems and likely to be released soon.
9. Issue of revised Recruitment Rules for the post of Dy. Manager in MMS.
- It is under process.
9. Issue of revised Recruitment Rules for the post of Dy. Manager in MMS.
- It is under process.
New RBI guidelines: India Post’s long wait to become a bank may be finally over - NEWS
India Post is now likely to apply to become a small finance bank, according to a senior department official.
‘Certainly, it (the guidelines for small and payments banks), looks interesting,” the official told FirstBiz on condition of anonymity. The department will conduct a feasibility study and will take a final call on the matter, the official said.
On Thursday evening, the RBI announced the final rules for payments banks and small banks. Payments banks can engage in accepting small deposits, offer ATM/debit cards, payments and remittance services through various channels and offer financial products like mutual fund units and insurance products.
Small finance banks, on the other hand, are almost like full service commercial banks. But, these banks cannot engage in large value transactions since 75 percent of their loans must be lent to the so-called priority sector. For existing banks, this requirement is 40 percent. Also, at least 50 percent of their loan portfolio should constitute loans and advances of up to Rs 25 lakh.
What is means is majority of the loans of smaller banks must be lent to agriculture, micro-credit and other weaker sections.
But small banks have plenty of headroom to actively compete in the home loan and SME loan segments with other banks, even within this limit.
A small bank permit makes more sense to India Post than becoming a payments bank since the department has long cherished the dream of a lender.
The Postal department, which was among the 25 contenders for a full service banking licence last year, didn’t manage to get into the final list since the UPA-government wasn’t keen to support the move and refused to provide the department with the minimum capital required to set up a commercial bank.
But the government is unlikely to deny the chance to India Post this time since small finance banks will not deal in large value credit transactions.
Since the new set of banks will primarily operate among the unbanked and weaker sections, risks arising out of large-value corporate loans are limited.
Also, capital is unlikely to become a problem since under the new guidelines, both small banks and payments banks need an entry capital of Rs 100 crore, as against Rs 500 crore needed for full service banks.
According to the RBI guidelines, small finance banks can gradually grow to a full service commercial bank if the apex bank finds merit in the proposal.
Big boost to financial inclusion
India Post has all along argued that the department’s entry to banking can contribute massively to the cause of financial inclusion, or the process of spreading banking services to the unbanked population of the country, using its vast network of 1,55,000 post offices.
Of its total network, about 1,39,040 are in rural areas. Going by a 2011 estimate of the postal department, about 6,000 people are covered on average by post-offices in rural areas and about 24,000 in urban areas.
Through its various saving schemes, Postal department handles deposits to the tune of Rs 6,00,000 crore.
As First Biz noted earlier, India Post’s entry into banking can be game changer in rural banking given the massive reach of Post in the far-flung areas of the country and local knowledge.
As First Biz noted earlier, India Post’s entry into banking can be game changer in rural banking given the massive reach of Post in the far-flung areas of the country and local knowledge.
The department has already commenced the process to link all its branches through technology, besides setting up ATMs across the country.
Last year, while issuing licenses to IDFC and Bandhan, the RBI had observed that India Post can be given banking licence if government, technically the promoter of the proposed Post bank, gives its nod.
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