Saturday, June 25, 2016

7th Pay Commission : Rs.70,000 CR allocated for its Implementation in BUDGET 2016

File photo: Finance Minister Arun Jaitley receiving the report of Seventh Pay Commission from its Chairman Justice A K Mathur in New Delhi.

Around Rs 70,000 crore has been provisioned in the Union Budget 2016-17 for the implementation of the Seventh Pay Commission for government employees, a finance ministry official said.

While there’s no explicit overall provision number, the government had said the Seventh Pay Commission hike has been built in as interim allocation for different ministries.

“We have provisioned for around 60-70 per cent of the total burden that was talked about,” a finance ministry official said.

The Budget document states that “the implementation of the Seventh Pay Commission due from January 1, 2016 is to be implemented during 2016-17 fiscal as also the revised One Rank One Pension (OROP)scheme for Defence services.”

The finance ministry has provisioned for this in the Demands for Grants for individual departments and ministries. It is built into and subsumed into those allocations.

In January, the government had set up a high-powered panel headed by Cabinet Secretary P K Sinha to process the recommendations of the Seventh Pay Commission, which will have bearing on the remuneration of 47 lakh central government employees and 52 lakh pensioners.

The Empowered Committee of Secretaries will function as a Screening Committee to process the recommendations with regard to all relevant factors of the Commission in an expeditious detailed and holistic fashion.

Faced with the burden of Pay Commission recommendations, there were concerns on whether the government would be able to stick to the fiscal deficit target of 3.9 per cent for 2016-17.

However, in Budget Union Finance Minister Arun Jaitley removed all doubts and promised to adhere to the fiscal consolidation roadmap and stick to the 3.9 per cent deficit target.

(With PTI inputs)

NJCA decided to continue with intensive preparation for Indefinite Strike from 11.07.2016



‘Sukanya Gram’ in Bihar for the welfare of the girl child

In order to promote Sukanya Samriddhi Account for the welfare of girl child, the Department of Posts has set a target of making ‘Sukanya Gram’ in two villages of each district of Bihar at the earliest.

“For the welfare of girl child, we are promoting Sukanya Samriddhi Account. We (the Department) have successfully made two ‘Sukanya Grams’, one is Dharhara village in Bhagalpur and other one is Henwan village in Bhojpur district with opening of Sukanya Samriddhi accounts of all the eligible girl child,” Adnan Ahmed, Director, Postal Services, (Headquarters) Bihar Circle, told reporters here.

“Efforts are also being made to cover other villages to be ‘Sukanya Gram’. We have set a target of making two villages of each district of Bihar as ‘Sukanya Gram’. We will try to achieve the target at the earliest possible time,” Ahmed said.

There is a tradition of planting saplings of trees of mango, guava, litchi on the birth of girl child in Dharhara village of Bhagalpur district, Ahmed said, adding that keeping the tradition in mind, the Department planted saplings of mango and litchi on International Women’s Day as part of its Corporate Social Responsibility programme.

The Department has issued a whatsapp number (9430074042) for Bihar circle for getting feedback/suggestions and grievances from the common people with regard to postal services.

“We have received over 500 complaints so far and out of this, 95 per cent of complaints have been disposed of,” Ahmed said.

The Department is in the process of popularising the initiative of selling holy Ganga water of Haridwar and Rishikesh from Patna GPO, he said.

In order to minimise dependency on electricity besides protecting the environment, the Department is also installing solar power system to its office at Patna, the tender for which is in the final stages, Ahmed said and added that “after installation of the system, Patna GPO will become a totally green campus.” - PTI

7th Pay Commission review panel findings not binding on govt, says Fin Min

New Delhi: The Finance Ministry is to make clear that government is not bound by the findings of the Empowered Committee of Secretaries on 7th Pay Commission’s recommendations.

The Government will not necessarily be bound by the findings of the Empowered Committee of Secretaries on 7th Pay Commission for central government employees, the Finance Ministry official involved with the process of pay hike told The Sen Times on condition of anonymity.

Amid a growing expectation that the Empowered Committee of Secretaries will recommend 30 per cent hike in salaries of central government employees, that would take the minimum basic monthly pay to Rs 23,500 and the maximum to Rs 3,25,000, while government is set to cut the salary for the higher rungs and increase that for the lower grades to add a populist hue, accordingly source stressed that government would make its own decision.

“The Empowered Committee will make its proposal,” source said. “government will make the decision.”

He said it is vital for government to increase the pay of lower grade employees to enjoy growing popularity in central government employees.

Arun Jatley, Union Finance Minister, will give the government’s formal response to the Empowered Committee of Secretaries, which is chaired by the Cabinet Secretary P K Sinha, after receiving its findings from their another two meetings.

The government may welcome the Empowered Committee report but the cabinet will take its own decision, the source said.

The Prime Minister’s office (PMO) told the Empowered Committee that the salaries of employees in the lower rungs should rise by he highest percentage.

The government decided to give highest percentage salary rise to bottom grades employees and pay parity ratio of mid-level tier officers will be maintained with the bottom grade, source added.

Earlier, all pay commissions had not only recommended for good salary to top central government officials but also considered the disparity ratio between its highest and lowest paid employees.

For instance, in 1948, the salary of the highest paid government official was Rs 2,263 which was 41 times higher than the Rs 55 paid to the lowest earning employee. With subsequent pay commissions the ratio was reduced to about 1:12 in 2006.

The 7th Pay Commission headed by Justice A K Mathur recommended the highest basic salary at Rs 250,000 and the lowest at Rs 18,000 and its increased the pay ratio between the minimum and maximum from existing 1:12 to 1:13.

How to change a Customer Name in DOP Finacle ?

Change Customer Name in DOP Finacle

Some times if we modify CIF to correct customer Name , cif modified but in customer Account modified name will not appear.

Detailed Procedure for change Customer Name:

Command :: HCCA
  1. First change the concerned account holder CIF with correct Name and verify
  • Verify them same in Supervisor 
Now the Correct Name will be appeared in the Customer Account.

7th Pay Commission: Brexit fallout may force Modi govt to delay implementation of 'salary increment'

New Delhi, June 25: Modi government may delay most awaited Seventh Pay Commission as a result of Brexit fallouts. Reportedly, implementation of the 7th CPC could be delayed for 2-3 months in the wake of volatility in the markets following after Britain's decision to pull out the European Union.

As per media reports, it will take minimum 2-3 months for markets to gain its stability back. At a time when fiscal health is already under stress, government can't put more burdens on exchequer. Around Rs 1, 00,000 cr is needed to implement salary increment and arrears under Seventh Pay Commission scheme.

As per Zee News, "In order to stabilize overall outflows from the domestic equity markets, government needs to adopt wait-and-watch policy for another quarter before thinking of implementing the payout as any haste can further increase volatility in the market".

Earlier reports said that Government could implement Seventh Pay Commission from August 1. It was said that Central government Employees would get increment in their July salary and six months arrears in the month of October.

On Friday, Britain voted to quit the European Union after 43 years of membership, throwing the world markets in a tailspin and leaving European leaders worried over how to stem a rising Eurosceptic tide.

The vote rattled Indian financial markets too, shaving over 1,000 points, or 4 per cent, off a key equities index, while pulling the rupee just below the 68 mark to the dollar.

Both Finance Minister Arun Jaitley and Reserve Bank of India Governor Raghuram Rajan sought to calm the markets and said there was no cause for panic as India's economic fundamentals remained strong and along with other macro indicators.

"We are well prepared to deal with the short and medium term Brexit consequence -- strongly committed to our macro-economic framework with focus on stability," Jaitley tweeted from Beijing.

Rajan said investors need not panic over the rupee. "We are comfortable on foreign exchange reserves. We can use it when necessary."
OneIndia News

Clarification reg Installation of Speed Net 4.4.1 in all Post Offices is Compulsory ?

Clarification regarding Installation of Speed Net 4.4.1 in Post Offices

This is regarding clarification sought for installation of Speed Net version 4.4 update 1. i.e Please clarify that the installation of Speed Net 4.4.1 is compulsory for all the post offices?

CEPT replied:

  • This update is mandatory for all offices booking Bulk Customer (BNPL) articles viz., BNPL SP Hubs, MBC, Post offices, etc. 
  • This update is optional for offices not dealing BNPL articles. Except KK Cess no other modifications / bug fixes are available.

Meeting with unions/associations on India Post Payments Bank

In connection with the upcoming launch of India Post Payments Bank, Member (Banking & HRD) will hold a meeting and address the union representatives on 29.06.2016 at 11:00 A.M. in G. P. Roy Committee Room, Dak Bhawan, New Delhi.

You are requested to attend the meeting along with General Secretaries of recognized unions affiliated with your Federation.

Pre-2006 Pensioners with less than 33 years service - Check with the Table!

What should be your Minimum Pension?
Delinking of 33 years of service for full pension for all Pre-2006 Pensioners with less than 33 years of service including those with just 10 years service are now guarenteed a minimum pension of 50% of the minimum of the pay scale and the appropriate Grade Pay corresponding to the pre-revised scale of pay in which the Pensioner had retired. 

Now you may verify your basic pension w.e.f. 1.1.2006 with the following Table and if the figures in the Table is more than your basic pension as per your PPO, then you are eligible for refixation of pension with effect from 1.1.2006 and full arrears:


Implementation Of Action On Mc Camish Issues

Issues raised by Union
Many Policies appear in system admin queue even after disbursement is aid as there is no power to system admin then why there is system admin queue and for each such case CPC have to raise ticket.
No such case reported by CPC to CLST. However, the correct procedure for disbursement through system needs to be followed.
There is no provision to view the reports of BO’s of HO’s in McCamish due to which HO’s are unable to tally the Bo summary with McCamish
Action is taken by PLI Directorate
No deployments of posts have been done from the administrative offices to CPC’s whereas all the work relating to insurance have been delegated to operative office. All CPC’s are working without establishment from the strength of HO’s and adequate staff is also not deployed at CPC’s
Deployment of additional supervisory posts consequent to cadre restructuring of Group “C” will be examined.
Issues for which tickets are raised are not resolved a earliest, sometimes issues are resolved after 20 days
Escalation matrix has been provided to get the issue resolved within the time frame prescribed.
There are good number of APS policies which are not migrated to McCamish software
All the policies which were available in the database of Tamilnadu Circle have been migrated.
Out of 30 days of month reports are not accessible in almost 10-15 days at evening when the offices have tally their accounts. Sometimes offices have to kept the money out of account and tally the accounts on next day
Stability and availability of McCamish is being monitored and corrective action is being taken at the PLI Directorate Level.
There is no difference between PLI and RPLI policy numbers as far as new accepted policies concerned, so as to get the print outs in the relevant PD document
Nature of Policy can be selected in print Bond queue. However, this suggestion has been submitted to Directorate to include in the next releases.
Similar in case of AEA, GY, Children Policies, WLA, WLA etc., where in NIC it can be differentiated.
While indexing new RPLI proposals are counters, collection head is defaulted set as PLI and it is very difficult to refund the same if it is wrongly generated as PLU since for the said type of work as usual (i) folder is to be created (ii) ECMS work is too be completed (iii) Data Entry Work is to be done by giving irrelevant information- then only the same can be rejected at Quality Checker stage and it takes minimum 10 days to refund the amount
Premium collection and indexing should be done carefully. However, the time period of 10 days will get reduced with improvement in McCamish server.
In most of days, though entry has been made in data entry and submitted properly, the status of the said policy/proposal will show as “data entry reserved” only.
Issue has been currently resolved
If the address of the insurant is to be changed, letter only is generated but the same could not be viewed in policy document which is very essential.
Policy Document is Permanent Document and no correction in connection with address is permissible. This is in line with the industry practice.
Instructions have been issued to scan old PLI /RPLI documents for digitization with time frame.  High speed scanners are not available and it is not possible to scan with the existing scanner.
Proposal for funds have been taken up with PLI Directorate
Slowness in application, even collection could not be done properly
Issue has not been reported last 10 days
Request not moving forward from one stage to another and it take too much time to load
Issue has not been reported last 10 days
New Business Indexing could not be done.
Issue has not been reported last 10 days
CSV updates are in pending status from last four days.
Issue has not been reported last 10 days
ECMS correction stage error
Issue has not been reported last 10 days
Letter generation issue is there
Issue has not been reported last 10 days
Policy bond is not generated for the proposal request approved
Issue has not been reported last 10 days
Premium collected from 10/03/2016 is not posted to the consent policies
Issue has not been reported last 10 days
Many policies status is not changed
Issue has not been reported last 10 days
Multiple receipt has been generated for the same period for the same policies
Issue has not been reported last 10 days

Action points related to CBS



Point 1: The main base for the non-accessibility of the Finacle server, is either with the Main server capacity or the programming done by the Infosys. Bandwidth alone is not the reason for the slowness in Finacle. So,server as in Railways has to be installed. If necessary post offices across the country may be divided into four zones and one server for each zone with inter accessibility may be installed. The bandwidth for single handed and other S.Os should be increased. To overcome the existing problem additional servers shall be provided to bear the load.

Reply : Since start of June 2016, performance of Finacle availability has shown considerable improvement. Option of adding additional Servers are also examined at Directorate level.

Point 2: From the date of migration, the Finacle server is not running promptly and takes very much time in processing even a single transaction.

Reply: Directorate has informed that WAR ROOM set up at Infosys campus Bangalore will continue to monitor the health of Finacle. DPS, SK Region Bangalore has been nominated as coordinator from the Department.
Report on inaccessibility/slowness issues is submitted on daily basis to Directorate for action
Since start of June 2016, performance of Finacle Server is satisfactory

Point 3: Agent portal is not working from last 10 days and not services of this portal is not resumed till date.

Reply: Agent portal was not working during month of May and now it is working smoothly. The issue was already taken up with Directorate and SB order was issued on this regards to accept the Agent schedule through BCP in case of slowness or inaccessibility.

Point 4: Variety of services in Finacle Server found to be inaccessible on routine basis. Whenever one error rectified, another appears in a consecutive manner.

Reply: Since start of June 2016, no such issues are occurring

Point 5: Finacle works on the principle of maker and checker, but in single hand offices where only one official works, this concept of maker and checker not seems to be logical. Either the concept of maker and checker should be scrapped or the concept of single hand offices should be abolished. All single hand SO’s should be upgraded to Double Hand SO’s.

Reply: Policy matter to be taken up with Directorate. In Finacle due to performance issue, Maker & checker concept has been adopted for all SOLs inspite of status. In single handed office , in fact it gives an opportunity to the SPM to check for correctness of transactions entered by him as CPA in his Supervisor ID.

Point 6: Whenever the deposits for SSA, SB and PPF is made, the transid directly enters into posted stage and no modification/deletion is possible in this stage. In the later stage supervisor finds any mistake during verification, the only way to get rid is the verification of that particular transid. For this the only solution is that the deposit made by counter clerk firstly has to enter in the entered stage which allows the rectification of any kind of mistake.

Reply: This will be taken up with Directorate for consideration

Point 7: DMCC is pressurizing to execute EOD on 2000 hours daily. And after this they are not providing any support to the staff who is working late hours in the night. Workload of transactions is that much that it is not possible to finish the work well before 2000 hours.

Reply: Instruction have been issued from Directorate not to enter any new transaction after 1700 Hrs. and regular verification of transaction by supervisors for timely completion of EOD.

In CPC Staff remain at CPC upto 10.30 pm and leave the office only after completion of Pre EOD and EOD First menu for all SOLs

Point 8: The following additional issues have also to be sorted out.
Sl. No.
Ensuring increase in capacity of Server / Core
Increase the capacity of Server and processor.  Upgradation may find a solution for slow access at user end level.

Reply:  To be decided at Directorate level

DC Closure
DC closure is not done on daily basis which results officials to wait beyond office hours and delay in executing HISCOD.

Reply:  Since May 2016, DC is getting closed before 7.00 am of the next working day and as of now there is no issue.

MIS reporting Server
MIS report Server is not at all accessible for most of the days.  Capacity of reporting server should be upgraded for easy access.

Reply: Daily report regarding inaccessibility is being reported to Directorate
SOL change menu option is to be given to Divisional System Administrator
Deputation or transfer orders are placed at DO level.  During deputation of a PA to other place, the SOL of a PA may be changed at DO level easily.

At present, it is being done at CPC and it gets delayed or changed after completion of deputation.

Reply: Matter has already been reported to Directorate by CircleOnce the security features are stabilized, delegation can be examined.

Now, Supervisor can release the CPA under their SOL only except at HOs.  All Supervisors under one HO may be permitted to release other Supervisors/CPAs under the same HO. 

Reply: Now users can release their already logged in ids themselves and this is in vogue since April 2016 itself.  Only for IDs which are getting locked due to entering wrong password (rare occasions) they have to approach CPC.

Prior intimation in case of particular menu is disabled during slowness time
Some menu options are being disabled for testing slowness of Finacle but the same is not properly communicated to gross root level.  Hence the CPAs keep on trying the menu without knowing the fact and in some times the same transaction is being done for more than one number of times. Without proper intimation, disabling of menus should not be done by infosys.
Reply:  Since June 2016 this issue has not occurred

Maintenance/ migration time
It is not clear that the slowness is because of migration/ DC closure.  Sometimes, restarting the server is needed at Data centre.

These types of works may be fixed by the end of the week and the server may be exclusively used for these purposes at that time.  In these situations, we may be intimated the fact and be asked not to do transactions at these time.

For instance, we may be asked to complete the works on before 1300 hrs on Saturdays.  After that, they may proceed with either maintenance work of Server or Migration activities without interruption.

Reply:  Since June 2016 performance issue is not faced and no restart of Service / Server made

Point 9:
  • In SSA, total deposit in a Financial year should not exceed Rs.1,50,000/- but there is no provision to stop any excess deposit in any single account. The official as well as the public suffers due to excess deposit in SSA account. Mechanism to disallow any excess deposit above the limit should be provided.
Reply: At present only PPF menu is used for SSA deposits and hence the issue. CEPT has already stated that when separate menu is enabled for SSA these validations will be enacted
  • For Cash Certificates, either the present system of Certificates with specified denomination has to be dispensed with as in banks for Fixed Deposit or Higher denomination up to Rs.100000/- to be introduced for all Post Offices as printing of cash certificates consumes much time.
Reply: Demat of certificate is already under consideration of Directorate
  • The supervisors should be given option to reconcile the errors committed by the clerks at counter while making deposit entry with reverse option as in PPF deposits.
Reply: While verification the Supervisors can check and option is there to delete the transactions which are wrongly made by the CPA if they are in entered state (other than SB& SSA) 
  • In RD accounts Pre Mature closure is not allowed if any advance deposits is made, till the lapse of the period up to which advance deposits has been made by the depositor. It denies the right of the depositor to close the account prematurely. Provision may be made to close the accounts with advance deposits with provision to recover the rebate given for the advance deposits.
Reply: This will be taken up with Directorate for making changes in Software

Pay Drawal Error in Accountant Module 7.9.5

Accounts Module v7.9.5 error in Pay drawl

Error occurred while drawing a monthly pay bill show in below.
Solution received from CEPT for the above problem
  1. Take backup of DB
  2. Download the attached exl and run it through Script tool
Click below link to download the attached script

Holidays for Central Government Employees during year 2017 – Dopt Orders

Holidays for Central Government Employees during year 2017 – Dopt Orders
Holidays to be observed in Central Government offices during year 2017
Government of India
Ministry of Personnel, Public Grievances and Pensions
(Department of Personnel and Training
JCA-2 section
North Block, New Delhi
Dated the 24th June. 2016

Subject: Holidays to be observed in Central Government offices during year 2017- reg.

It has been decided that the holidays as specified in the Annexure —I to this O.M. will be observed in the Administrative Offices of the Central Government located at Delhi/New Delhi during the year 2017. In addition, each employee will also be allowed to avail himself / herself of any two holidays to be chosen by him/her out of the list or Restricted Holidays in Annexure — II.

2.Central Government Administrative Offices located outside Delhi / New Delhi shall observe the following holidays compulsorily in addition to three holidays as per para 3. below:


3.1. In addition to the above 14 Compulsory holidays mentioned in para 2 , three holidays shall be decided from the list indicated below by the Central Government Employees Welfare Coordination Committee in the State Capitals, if necessary, in consultation with Coordination Committees at other places in the State. The final list applicable uniformly to Central Government offices within the concerned State shan be notified accordingly and no change can be carried out thereafter. It is also clarified that no change is permissible in regard to festivals and dates as indicate.


3.2 No substitute holiday should be allowed if any of the festival holidays initially declared subsequently happens to fall on a weekly off or any other non-working day or in the event of more than one festivals falling on the same day.

4. The list of Restricted Holidays appended to this O.M. is meant for Central Government Offices located in Delhi / New Delhi. The Coordination Committees at the State Capitals may draw up separate list of Restricted Holidays keeping in view the occasions of local importance but the 9 occasions left over, after choosing the 3 variable holidays in para 3.1 above, are to be included in the list of restricted holidays.

5.1 For offices in Delhi / New Delhi, any change in the date of holidays in respect of Idu’l Fitr, Idu’l Zuha, Muharram and Id-e-Milad, if necessary, depending upon sighting of the Moon, would be declared by the Ministry of Personnel, Public Grievances and Pensions after ascertaining the position from the Govt. of NCT of Delhi (DCP, Special Branch, Delhi Police).

5.2 For offices outside Delhi / New Delhi, the Central Government Employees Welfare Coordination Committees at the State Capitals are authorised to change the date of holiday, if necessary, based on the decision of the concerned State Governments / Union Territories, in respect of Idu’l Fitr, Idu’l Zuha, Muharram and Id-e-Milad.

5.3 It may happen that the change of date of the above occasions has to be declared at a very short notice. In such a situation, announcement could be made through P.I .B /T.V. /A.I.R. / Newspapers and the Heads of Department / Offices of the Central Government may take action according to such an announcement without waiting for a formal order, about the change of date.

6. During 2017, Diwali (Deepavali) falls on Thursday , October 19, 2017 (Ashvina 28). In certain States, the practice is to celebrate the occasion a day in advance, i.e., on “Narakachaturdasi Day”. In view of this, there is no objection if holiday on account of Deepavali is observed on- “Naraka Chaturdasi Day (in place of Deepavali Day) for the Central Government Offices in a State if in that State that day alone is declared as a compulsory holiday for Diwali for the offices of the State Government.

7. Central Government Organisations which include industrial, commercial and trading establishments would observe upto 16 holidays in a year including three national holidays viz. Republic Day, Independence Day and Mahatma Gandhi’s birthday, as compulsory holidays. The remaining holidays / occasions may be determined by such establishments / organisations themselves for the year 2017, subject to para 3.2 above.

8. Union Territory Administrations shall decide the list of holidays in terms of Instructions issued in this regard by the Ministry of Home Affairs.

9. In respect of Indian Missions abroad, the number of holidays may be notified in accordance with the instructions contained in this Department’s O.M. No.12/5/2002-JCA dated 17th December, 2002. In other words, they will have the option to select 11(Eleven) holidays of their own only after including in the list, three National Holidays and Mahavir Jayanti, Id-ulZuha (Bakrid), Vijay Dashmi, Muharram, Guru Nanak Birthday and Miladun-Nabi(Id-e-Milad (Birthday of Prophet Mohammad) included in the list of compulsory holidays and falling on day of weekly off.

10. In respect of Banks, the holidays shall be regulated in terms of the extant instructions issued by the Department of Financial Services, Ministry of Finance.

11. Hindi version will follow.

(K.Salil Kumar)
Under Secretary (JCA)

Encl.: Lists of holidays



S.No.HolidayDateSaka DateDay

1.Republic DayJanuary 26Magha 06Thursday
2.Maha ShivaratriFebruary 24Phalguna 05Friday

3.HoliMarch 13Phalguna 22Monday
4.Ram NavamiApril 04Chaitra 14Tuesday
5.Mahavir JayantiApril 09Chaitra 19Sunday
6.Good FridayApril 14Chaitra 24Friday
7.Buddha PurnimaMay 10Vaisakha 20Wednesday
8.Idu’l FitrJune 26Ashadha 05Monday
9.Independence dayAugust 15Sravana 24Tuesday
10.Id-ul-Zuha(Bakrid)September 02Bhadra 11Saturday
11.DussehraSeptember 30Asvina 08Saturday
12.MuharramOctober 01Asvina 09Sunday
13.Mahatma Gandhi’s
October 02Asvina 10Monday
14.Diwali (Deepavali)October 19Asvina 28Thursday
15.Guru Nanak’s BirthdayNovember 04Kartika 13Saturday
16.Milad-un-Nabi or Id-e
Milad (birthday of Prophet
December 02Agrahayana 11Saturday
17.Christmas DayDecember 25Pausha- 04Monday

S.No.HolidayDateSaka DateDay
1.New Year’s DayJanuary 01Pausha 11Sunday
2.Guru Govind Singh’s
January 05Pausha 15Thursday
3.Makar SankrantiJanuary 14Pausha 24Saturday
4.PongalJanuary 14Pausha 24Saturday
5.Basant Panchami /
Sri Panchami
February 01Magha 12Wednesday
6.Guru Ravidas’s BirthdayFebruary 10Magha 21Friday
7.Shivaji JayantiFebruary 19Magha 30Sunday
8.Swami Dayananda
Saraswati Jayanti
February 21Phalguna 02Tuesday
9.Holika Dahan/DolyatraMarch 12Phalguna 21Sunday
10.Chaitra Sukladi/Gudi
Padava/Ugadi/Cheti Chand
March 28Chaittra 07Tuesday
11.Hazarat Ali’s BirthdayApril 11Chaitra 21Tuesday
12.Vaisakhi/VishuApril 13Chaitra 23Thursday
13.MesadiApril 14Chaitra 24Friday
Bahag Bihu (Assam)
April 15Chaitra 25Saturday
15.Easter SundayApril 16Chaitra 26Sunday
16.Guru Rabindranath’s
May 09Vaisakha 19Tuesday
17.Jamat-Ul-VidaJune 23Ashadha 02Friday
18.Rath YatraJune 25Ashadha 04Sunday
19.Raksha BandhanAugust 07Sravana 16Monday
20.Janmashtarni (Vaishnav)August 15Sravana 24Monday
21.Parsi New Year’s day/NauraAugust 17Sravana 26Thursday
22.Vinayaka Chaturthi/
Ganesh Chaturthi
August 25Bhadra 03Friday
23.OnamSeptember 04Bhadra 13Monday
24..Dussehra (Maha Saptami)
September 27Asvina 05Wednesday
25.Dussehra (Maha Ashtami)
September 28Asvina 06Thursday
26.Dussehra (Maha Navmi)September 29Asvina 07Friday
27.Maharishi Valmiki’s BirthdayOctober 05Asvina 13Thursday
28.Karaka Chaturthi
(Karva Chouth)
October 08Asvina 16Sunday
29.Deepavali (South India)October 18Asvina 26Wednesday
30.Naraka ChaturdasiOctober 18Asvina 26Wednesday
31.Govardhan PujaOctober 20Asvina 28Friday
32.Bhai DujOctober 21Asvina 29Saturday
33.Pratihar Sashthi or Surya
Sashthi (Chhat Puja)
October 26Kartika 04Thursday
34.Guru Teg Bahadur’s
Martyrdom Day
November 24Agrahayana 03Friday
35.Christmas EveDecember 24Pausha 03Sunday
Source: Central Government Holidays 2017 Order

Brexit fallout: 7th Pay Commission payout likely to be delayed

New Delhi: Amid all the implications of Brexit on India, something that may stand out is a strong possibility of the delay of much-awaited payout of 7th Pay Commission Commission for another 2-3 months.

The linger may result in wake of increased volatility in the markets as a result of Britain's exit from the European Union. For the markets to re-stabilize, it may take another 2-3 months. The same period also awaits the next bi-monthly RBI Monetary Policy (of the outgoing RBI Governor) which may most likely see interest rates remain intact. Even a slight hike holds adequate possibility.

This talked about tenure is critical as amid the already happening exodus from domestic equity markets, load of huge 7th Pay Commission payout on the government exchequer can further jeopardize its fiscal health.

Similar to Europe's main stock markets which observed a around 10 percent fall, India's market benchmark Sensex tanked over 1,000 points on Friday as UK's vote to exit European Union sent financial markets into a tailspin.

It resulted in the erosion of nearly Rs 4 lakh crore from the investors' wealth held in stocks.

In order to stabilize overall outflows from the domestic equity markets, government needs to adopt “wait-and-watch” policy for another quarter before thinking of implementing the payout as any haste can further increase volatility in the market, seriously dent the fiscal situation and instill more weakness in rupee.
Zee Media Bureau

सुकन्या समृधि योजना

!!!! सुकन्या समृधि योजना !!!! 

" बेटियां शुभकामनाएं हैं,बेटियां पावन दुआएं हैं।
जिनमें खुद भगवान बसता है, बेटियां वे वन्दनाएं हैं। 
सुकन्या खाते के लिए वे सभी बेटिया पात्र है जो आज की तारीख मे 10 वर्ष से कम की है |

इस योजना की प्रमुख विशेषताए :

(१) यह खाता न्यूनतम 1000 रुपया से खोला जायेगा और इसमें एक साल (वित्तीय वर्ष ) मे न्यूनतम 
1000 रुपया और अधिकतम 1,50,000 रुपया जमा किया जा सकता है |
(२)जमा की गयी धन राशि पर आपको आयकर एक्ट 1961 की धारा 80-C के तहत छूट भी मिलेगी |
(३)खाते के परिपक्व होने पर मिलने वाली सम्पूर्ण राशि भी आयकर से मुक्त होगी |
(४)खाते मे रुपये खाते के खुलने से 15 साल तक ही जमा करने है |
(५)आपकी बेटी के 18 वर्ष के होने पर या कक्षा 10 उत्तीर्ण करने पर (जो भी पहले हो ) खाते मे जमा 
राशि का 50% निकाला जा सकता है |
(६)खाता खुलने के 21 साल बाद या लड़की की शादी होने पर ब्याज सहित बंद हो जायेंगा |
(७)लड़की के विवाह की तिथि से एक महिना पहले खाता बंद किया जा सकेगा |
(८)वर्तमान मे इस पर ब्याज की दर 8.6% है (डाक घर की समस्त बचत योजनाओ मे से सबसे ज्यादा)

खाता खुलवाने के लिए जरुरी दस्तावेज : 

(१)माता या पिता का ID प्रूफ + एड्रेस प्रूफ या केवल आधार की फोटोकॉपी
(२)माता या पिता की दो फोटो 
(३) लड़की के जन्म प्रमाण पत्र की फोटोकॉपी 
नोट : यदि आप ग्रामीण क्षेत्र से है तो इस योजना का लाभ आप अपने निकटम शाखाडाकघर से ले सकते है |
!! बेटियों की समृद्धि और खुशहाली में ही समाज का भविष्य टिका हुआ है !!