Tuesday, October 10, 2017

Govt okays Rs 2,000 crore to set up Aadhaar units in Post offices

NEW DELHI: Prime Minister Narendra Modi has approved Rs 2,000 crore specifically for setting up Aadhaar centres in post offices, a move that will see private contractors phased out from the data collection process.

The decision comes in the wake of complaints regarding private vendors on counts such as petty corruption and attempted frauds and the Supreme Court taking note of reports of alleged leakage of UID data.
Aadhaar enrolment and updation facilities will be available in around 15,000 post offices by March 31 next year and this will complement the earlier decision that bank branches will have similar centres by October 31. Around 5,000 post offices will have the facility by December this year.

Though much of the data collection so far has been done by private vendors and Aadhaar procedures ensure that they cannot access the biometrics they record, the government believes the process would be best handled by agencies like post offices and public sector banks.

The centres will have machines approved by the Unique Identification Authority of India and personnel will be trained by the agency as well.

Banks already have 2,000 branches running centres. A total of 15,200 bank branches will have centres with Aadhaar facilities. The decision to sanction Rs 2,000 crore is intended to respond to issues raised by the court and activists and to ensure improved access to Aadhaar enrolment and updation. The post offices and banks will considerably extend the reach of UID, particularly in remote areas where they are often the only permanent presence in terms of government services.

Upholding the linkage of PAN with Aadhaar, the SC had said it was necessary to highlight that a large section of citizens were concerned about possible data leak, even as many supported the government's initiative.

Treasuring the vintage postcards in the time of Snapchats

An overview of Baburaj’s collection of postal cards and envelopes

PALAKKAD:In this age of Snapchats, WeChat, WhatsApp, and whatnot,vintage postcards and envelopes have become passe, pushed to near oblivion by digital Darwinism. But K B Baburaj of Thenkurissi in Palakkkad, has held onto a treasure trove of cards from yore.One of the startling facts about postcards is while it cost ‘quarter anna’ when it was brought out 138 years ago, today, its priced at a measly 50 paise even when the value of the rupee has soared manifold.The Centre, on the other hand, spends a pitiable Rs 2.50 to send the card to the addressee.

K B Baburaj with the postcard brought out by the East India Company in 1879
“In 1990, I was deputed to cover an event attended by a foreign delegation, who came to study literacy in the state. After they flew back, they started contacting me by post. They also wanted some stamps brought out by India. So, I visited various philately clubs and my interest in the collection of stamps and postal stationery grew,” said Baburaj , a photographer by profession.“Subsequently, I attended various exhibitions organised by the Postal Department in different parts of the country, including New Delhi, and began collecting postal stationery. Over 18 years ago, I purchased postal stationery from the British era at a cost of `12,000 and these are some of my prized collections,” he said.“I have five frames of postal stationery alone. Each frame has 32 rows and over 2,000 postal cards,” he told Express.

His extensive collection includes the first postal cover used in 1856 at a price of ‘one anna’ , the cover used in 1857 costing ‘half anna’, the postcard brought out by Dr Emmanuel Herman of Austria in 1869, the one brought out by the East India Company in 1879, which is half the size of the present postcard designed by Thomas De Le Rue and printed at a press in London. The first international postcard was brought out in 1879 at a price of ‘half anna’, followed by the service postcard in 1880. In 1889, a minor change was brought to the postcard and the word ‘East’ was removed.It was known as the Indian postcard henceforth. “In 1912, during the rule of King George V, the postcard was resized to the one we use today”, said Baburaj.

One of the main drawbacks of the postcard cited by critics was that it lacked secrecy. The stamps arrived 15 years before the postcards were brought by Emmanuel Herman, he said.He also had the ‘air graph’ in 1941, a type of international mail brought out in association with Kodak during the Second World War.

The letter is written, photographed and the film reels are sent to the destination where it is again processed and converted into mail. This was in vogue for only four years during the time of the war.

The inland was brought out in 1946 and was priced at 16 anna.Baburaj is also into philately and numismatics. He has in his possession stamps of 16 native kingdoms of ancient India.
Source : http://www.newindianexpress.com

Amendment for the provisions of General Provident Fund (Central Service) Rules, 1960

Amendment for the provisions of General Provident Fund (Central Service) Rules, 1960- Liberalization of provisions for withdrawls from the fund by the subscribers

Sponsored 65 SSA (Suganya Samriddhi Accounts) for 65 underprivileged Girl children

Rahmaniya Trust, Kadayanallur, Tirunelveli District, Tamilnadu has sponsored 65 SSA (Suganya Samriddhi Accounts) for 65 underprivileged girl children by depositing Rs.1000/- as initial deposit. A function was held at Kadayanallur on 30.09.2017 in which the pass books were distributed to the beneficiary girl children by Shri. K.A.M. Abubucker, MLA, Kadayanallur and Shri. V.P. Chandrasekar, SSPOs., Tirunelveli Division. Shri. G. Senthil Kumar, Asst. Superintendent Posts, Tirunelveli Sub Division, Shri. S.K. Jacobraj, Divisional Secretary, NFPE-P3, Tirunelveli, Shri. S. Muthumalai, PA, Tirunelveli HO who is backbone for getting the sponsership, Shri. Khaja Mohideen, Correspondent of Rahmaniya Primary & Nursery School, Kadayanallur, Shri. Mayil T. Balasubramanian, Major Donor of Rotary Club, Tirunelveli Town and Shri. U. Iliyas, Principal of Rahmaniya School participated in the function.

Fresh copy of Constitution of All India Association of Inspectors and Assistant Superintendents Posts

Fresh copy of Constitution of All India Association of Inspectors and Assistant Superintendents Posts

Now, Dept. of Posts packs your parcels

New facility: Staff members,right, at work at the recently-launched Pack Post Centre at the Dabagardens sub-post office. | Photo Credit: C.V. Subrahmanyam 
The Department of Posts has set up a parcel packaging service centre, the first in the city, to meet the parcel requirements of different sections of the public. 

The Pack Post Centre set up at Dabagardens sub-post office a couple of weeks ago aims at ensuring cost-effective and hassle-free delivery of parcels, catering to both individual and bulk consignments. 

Ever since its inception, the centre has been receiving encouraging response from customers across diverse segments. 

“Safe delivery mechanism and reasonable pricing are the main features that help the centre gain an edge over other service providers. 

In addition to this, strapping machines are sourced to provide quality packing solutions and leak-proof material is used to pack some of the stuff,” says M. Hari Prasad Sarma, Senior Superintendent of Post Offices, Visakhapatnam division. 
Depending on the weight of consignment, mini, small, medium, large, extra-large and jumbo cartons will be used for packing. The list of parcel service includes speed, express and business, among others. 

“Though the parcels can be booked at any post office, the packaging service is available at the sub-post office. Based on the demand, efforts will be made to extend similar service to other post offices in the city,” says M. Satyanarayana, Inspector, Posts (marketing). 

The staff members at the centre also offer suggestions to those who seek help. 

“The trained staff members not only handle the transactions that touch 20-25 a day but also offer cost-wise packing suggestions to customers based on their requirement,” says K. Adinarayana Murthy, postmaster at the sub-post office. What makes the Pack Post Centre even more desirable is the credit facility offered to those who opt for bulk parcel service on a regular basis. 

Packaging charges vary from ₹50 to ₹290 based on the weight and size of the parcel. In future, the department is planning to start similar service centre in Vijayawada.

Source : http://www.thehindu.com/

Mobile Post office launched at St.Thomas Mount H.O., Tamilnadu Circle

7th CPC Minimum Pay Fitment Factor – No any substantial evidence or facts…

7th CPC Minimum Pay Fitment Factor – No any substantial evidence or facts…

7th CPC Minimum Pay Increase – This is what we can Expect

Minimum Pay Increase – How much it would be ?

Recently a news on 7th CPC Minimum Pay Increase was doing the rounds in Social Media. Increasing of 7th CPC Minimum Wage from Rs.18000 to Rs.21000 is speculated in some websites and it went viral in social media. But there was no any substantial evidence or facts has been so far posted in any website to prove this information is correct.
But real fact is that the Staff Side National Council JCM itself has pleaded the Central Government to consider to increase the Minimum Pay to Rs.19760/- It has furnished the required details in its letter to the Government to Justify their Claim that the Minimum Pay should not be less than Rs.19670. [See the Details] It repeatedly insisted the Government to convene the meeting to discuss the Minimum Pay increase issue with them .

But the government has not ready to show any sign of accepting this demand so far apart from telling that the Committee will expedite, examine etc. When this was a situation, it is very difficult to understand the good news(?) that the Central Government is all set to hike the minimum pay from 18000 to Rs.21000 sooner or later !

However if the NCJCM Staff Side or NJCA is in a position to put the greatest possible pressure to the Government, this genuine demand can be won. In that case we can expect that the Minimum pay will be fixed at Rs.19670 as demanded by NCJCM with uniform Fitment factor 2.81 for all pay Scales.

Revised Accounts MIS for MM 7.9.9 - Download

Accounts MIS client Opening issue has been resolved and the revised one is uploaded in the below link. Download and replace the same in the installation folder

Service desk India Post - Android application v3.0

Click below link to download android application

MTS Examination Official Key by Andhra Pradesh Circle Office

MTS Examination Official Key by Andhra Pradesh Circle Office.

Postman/Mail Guard Examination Official Key by Andhra Pradesh Circle Office

Postman/Mail Guard Examination Official Key by Andhra Pradesh Circle Office.

Today our FNPTO 50th Foundation day

Real service by postman portrayed in 'reel' way


Where should you invest: PPF, NSC, Sukanya Samriddhi or Senior Citizens' Saving Scheme?

Investors are feeling relieved that interest rates on small savings schemes have not been reduced. Bond yields have fallen in the past three months, so logically rates should have been cut. If we go by the formula that links small savings rates to bond yields, the Public Provident Fund (PPF) should not offer more than 7%. However, fears of a backlash from the middle class seem to have prevented the government from reducing rates. 

Observers believe the prevailing rates will continue for a few more quarters. "The formula has long been abandoned. Now rates are determined by politics and fixed by the Finance Ministry," says Manoj Nagpal, CEO of Outlook Asia Capital. Even so, investors should not blindly invest in small savings schemes. Each instrument has specific features and one should assess which option best fits into one's financial portfolio. We take a look at the pros and cons of some of the most popular small savings .. 
Interest rate: 7.8%
Tenure: 15 years (from first investment) 
The PPF is the favourite of risk-averse investors who are content with modest but assured returns. Its tax-free status gives it a distinct advantage over fixed deposits. Since interest from fixed deposits is fully taxable, the returns from a 7.5% bank deposit are reduced to barely 5.25% in the highest tax bracket. The only glitch is that there is a cap of Rs 1.5 lakh on the annual investment by an individual. 

The best part about the PPF is its longevity. The account has a tenure of 15 years, but can be extended in blocks of five years indefinitely. After 15 years, the investor has three options: withdraw the corpus, continue with the account without further contributions or continue investing in the account. If you choose to continue investing in it, you have to submit an application for extending the account tenure for a block of five years. The application (Form H) has to be submitted within a year from the maturity date. After five years, the account tenure can be further extended for another five years. 

If one doesn't submit an application for tenure extension, the PPF account tenure automatically gets extended but the investor cannot make further contributions to it. The balance in the account will continue to earn interest, but the investor will no longer be required to contribute the minimum Rs 500 in the account every year. Once this option of continuing without contribution has been selected, the subscriber cannot alter it to make further contributions to the account. 
The PPF suits non-salaried people who are not eligible for retiral benefits. Self-employed professionals such as doctors, architects and chartered accountants should use it to build the debt portion of their retirement nest egg. Ashmeet Narula has been investing in the PPF for the past 13 years and intends to keep extending it till she retires. 


Interest rate: 8.3%
Tenure: 14 years 
If you have a daughter below 10 years, the Sukanya Samriddhi Yojana is a better option than the PPF because it offers a higher interest rate. Like the PPF, the interest earned is tax free and there is an annual cap of Rs 1.5 lakh on the investment. Accounts can be opened in any post office or designated banks with a minimum investment of Rs 1,000.A parent can open an account for a maximum of two daughters, but the combined investment in the two accounts cannot exceed Rs 1.5 lakh in a year. 

Some experts argue that the debt-based Sukanya scheme is not the best way to save for a longterm goal. This is true, because equity-based options can deliver higher returns. This is why experts advise that the SSY should be used in combination with other investments, such as equity funds, for saving for a child's future goals. The good part is that the girl child tag lends a sense of purpose to the investment. The maturity proceeds of other investments are often squandered. On the other hand, the Sukanya scheme helps a family save the daughter's education and marriage. 


Interest rate: 7.8%
Tenure: 5 years 
Unlike the PPF, there is no cap on investments in the NSC. But the interest is fully taxable. The posttax returns to 5.38% in the highest 30% bracket, which is comparable with the returns of bank fixed deposits. The only difference is that the interest accruing on NSCs every year is also eligible for tax deduction. Suppose you buy NSCs worth Rs 50,000 and claim tax deduction this year. The following year, you can claim deduction for the Rs 3,900 that accrues as interest in the first year. In the third year, you can claim deduction for Rs 4,204 as interest gets compounded. 

NSCs fell out of favour when bank rates were higher at 9-9.5% a few years ago. But deposit rates have fallen in the past two years and especially after demonetization. Though banks offer senior citizens higher rates,for regular investors the deposit rates are now 7-7.2% (See page 25). This makes the NSCs more attractive. But go for them only if you are ready to stand in long queues at the Post Office and put up with the laxity of the government staff. 


Interest rate: 8.3%
Tenure: 5 years 
Another bestseller from the Post Office, this scheme gives out regular income to retirees. The tenure of the scheme is five years, which is extendable by another three years. However, there is a Rs 15 lakh overall investment limit per individual. Also, the scheme open only to investors above 60. In some cases, where the investor has opted for voluntary retirement and has not taken up another job, the minimum age is relaxed to 58 years. There is also no age bar for defence personnel. They can invest in the scheme even before 60 as long as they satisfy the other requirements. 

Experts say the Senior Citizens' Savings Scheme should be the first option for retirees looking to park their life savings. "It offers assured returns and regular income. These are critical requirements of most retirees," says Nagpal. This is what made Faridabad-based retired PSU manager Mangal Dutta Sharma park Rs 15 lakh of his retirement proceeds in the scheme. he remaining is invested in bank deposits and the Post Office Monthly Income Scheme to earn a monthly income. 

Source:-The Economic Times

Payment of Dearness Allowances to Gramin Dak sevak (GDS) effective from 01.07.2017 onwards

Payment of Dearness Allowances to Gramin Dak sevak (GDS) effective from 01.07.2017 onwards