Sunday, April 21, 2019

PMO To Prepare A Roadmap To Cut India Post Losses

By Anuradha Shukla, Express News Service
Image result for road map for losses
PMO to Prepare a Roadmap to cut India Post Losses

NEW DELHI: With India Post joining the club of loss-making Public Sector Undertakings, pipping both BSNL and Air India, the Prime Minister’s Office (PMO) has asked for a report from the telecom ministry on this. Last week, India Post had hit headlines after its annual deficit touched Rs 15,000 crore in FY19, up by almost 150 per cent from Rs 6,007 crore in FY16.

“The government is aware of the financial situation at India Post. The PMO has sought a detailed report and will soon do a consultation over improving the financial health of the PSU,” a PMO official told TMS.

Once the report is submitted, the government will prepare a roadmap to pull the firm out of the crisis. The loss of India Post is attributed to the high cost involved in the payment of salaries and allowances to its massive workforce. The cost of payment to its 4.33 lakh employees stood at a staggering Rs 26,400 crore in FY19. This included pension payouts, which is nearly 50 per cent more than the total receipts of Rs 18,000 crore.

“The traditional postal services continue to make loss. The department has diversified into other services, but still saving schemes contribute to 60 per cent of the total revenue,” a senior official from the telecom ministry told this publication.

As per the company’s March 2018 annual report, the total assets under management, including government’s Special Securities and Floating Rate Bonds, rose to Rs 93,068 crore by September 2018 from Rs 25,856 crore in March 2014.

Last year, the finance ministry had advised India Post on taking a host of measures for generating revenue and cut losses. “The Expenditure Finance Committee, which was headed by the expenditure secretary, has directed the postal department to increase user charges on services, hike product prices, utilise manpower in more value-added services and to hive off products and services that are cost-intensive,” a finance ministry official said. The ministry has already hinted that the budget cannot bail out all loss-making firms.

Source : http://www.newindianexpress.com/

Review on IP Notification 2019

Generally, the notification issued for Limited Departmental Competitive Examination for the post of Inspector Posts well in advanced i.e 6-7 months before. But, the notification for LDCE IPO Examination 2019 released for the year 2016-17 & 2017-18 is released for just before 2 months. 

The examination is scheduled on 22 & 23 June 2019 with the following pattern of examination:

Pattern of Examination: 

  1. Examination shall consist of 4 papers viz. Paper I, II, Ill & IV and each paper shall carry 300 marks. 
  2. No. of questions: i. 150 questions of MCQ type in Paper, I, II & Ill ii. 125 questions of MCQ type in Paper IV and Noting & Drafting for 50 marks 
  3. Duration of Examination shall be 3 hours for each paper. 
  4. Qualifying Marks in each paper shall be 40% subject to an overall average of 45% for General Category and 33% marks in each paper subject to an overall average of 38% for SC/ST. 
  5. In all cases circulars, orders and guidelines issued upto 31' December of the year preceding the year of examination will be part of the syllabus except Annual Report and Book of information for which latest report and information available/published in DoP website will be taken. 
  6. Examination shall be without aid of books. 
  7. 25% of marks will be deducted for each wrong answer in MCQs. 
All are expected to release the notification with the Recruitment Rules released in the Gazette Notification 2019 dated 05 Feb 2019 which is available in the below mentioned link


As per the above gazette notification, the Revised recruitment rules shall come into force on the date of publication in the official Gazette.

As per DoPT instructions, the Recruitment Rules should be reviewed 5 years once. Hence, the RR for IPO Examination is revised 2019 and published in official gazette on 01st February 2019. But shall not into force in the Inspector of Posts LDCE Notification 2019.

Fortunately, the notification was out with the Recruitment Rules 2013 with eligibility criteria of minimum 5 years service. Please go through the notification RR 2013 dated 01.02.2013 as given below:

However, all the very best to all the aspirants who are preparing for IP Examination under Departmental quota. 

Please visit PoTools blog regularly to get updates on IPO Examination, preparation materials and online examination.

Do you want to but IP Examination materials through Online - Sway Publications link provided below:

Do you want to know the revised pattern and syllabus for IP Examination 2019


Preparation materials for IPO LDCE Examination 2019 from Swamy Publishers (P) Ltd. [All Materials at one place - Amazon link]

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Swamy Publishers (P) Ltd. Swamys Post Office Guide, Part I

Swamy Publishers (P) Ltd. Swamy’s Post Office Guide, Part-II 

Swamy Publishers (P) Ltd. Postal Manual - Post Office and Railway Mail Service - General Regulations, Volume-V

Swamy's Compilation of Postal Manual Volume VI - Part III

Swamy Publishers (P) Ltd. Postal Manual - Railway Mail Service, Volume-VII

Swamy’s Postal Manual, Volume-II — General Regulations

Swamy Publishers (P) Ltd. Swamy’s Postal Manual - Post Office, Vol. VI - Part-I - Chapters 1 to 7

Swamy’s Postal Financial Handbook, Vol. II
http://amzn.to/2sPmNq1

Swamy’s Postal Financial Handbook, Vol. I
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Swamy’s Compilation of Fundamental Rules and Supplementary Rules FRSR - Part I - General Rules 
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Swamy’s Master Guide to FR & SR Service Rules and Financial Rules Book
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Swamy’s Compilation of CCS (CCA) Rules [ With free Discipline Rules Made Objective (MCQ) ]
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Swamy’s Compilation of CCS (CCA) Rules [ With free Discipline Rules Made Objective (MCQ) ]
http://amzn.to/2ESAJ4e

Swamy Publishers (P) Ltd. Swamys Post Office Guide, Part I
http://amzn.to/2GKDo0l

Swamy Publishers (P) Ltd. Postal Manual - Railway Mail Service, Volume-VII
http://amzn.to/2sW2aIW

Swamy Publishers (P) Ltd. Postal Manual - Post Office and Railway Mail Service - General Regulations, Volume-V
http://amzn.to/2sW2aIW

Swamy Publishers (P) Ltd. Swamy’s Post Office Guide, Part-II 
http://amzn.to/2F1hSad

Swamy's Compilation of Postal Manual Volume VI - Part III
http://amzn.to/2sW2aIW

Swamy’s Postal Financial Handbook, Vol. II
http://amzn.to/2sPmNq1

Swamy’s Postal Financial Handbook, Vol. I
http://amzn.to/2sPmNq1

Swamy Publishers (P) Ltd. Swamy’s Postal Manual - Post Office, Vol. VI - Part-I - Chapters 1 to 7
http://amzn.to/2sW2aIW

Swamy’s Postal Manual, Volume-II — General Regulations
http://amzn.to/2sW2aIW

Swamy’s Master Guide to FR & SR Service Rules and Financial Rules Book
http://amzn.to/2ouAs04

Swamy’s Compilation of Fundamental Rules and Supplementary Rules FRSR - Part I - General Rules 
http://amzn.to/2sRhrKK
https://amzn.to/2J2SQKG
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https://amzn.to/2J5I8Ds

Swamy Publishers (P) Ltd. Swamy’s Post Office Guide, Part-II 
http://amzn.to/2F1hSad

Swamy Publishers (P) Ltd. Swamy’s Post Office Guide, Part-II 
http://amzn.to/2F1hSad

Swamy Publishers (P) Ltd. Swamys Post Office Guide, Part I
http://amzn.to/2GKDo0l

Swamy Publishers (P) Ltd. Swamy’s Post Office Guide, Part-II 
http://amzn.to/2F1hSad

Swamy Publishers (P) Ltd. Postal Manual - Post Office and Railway Mail Service - General Regulations, Volume-V
 http://amzn.to/2sW2aIW

Swamy's Compilation of Postal Manual Volume VI - Part III
http://amzn.to/2sW2aIW

Swamy Publishers (P) Ltd. Postal Manual - Railway Mail Service, Volume-VII
http://amzn.to/2sW2aIW

Swamy’s Postal Manual, Volume-II — General Regulations
http://amzn.to/2sW2aIW

Swamy Publishers (P) Ltd. Swamy’s Postal Manual - Post Office, Vol. VI - Part-I - Chapters 1 to 7
http://amzn.to/2sW2aIW

Swamy’s Postal Financial Handbook, Vol. II
http://amzn.to/2sPmNq1

Swamy’s Postal Financial Handbook, Vol. I
http://amzn.to/2sPmNq1

Swamy’s Compilation of Fundamental Rules and Supplementary Rules FRSR - Part I - General Rules 
http://amzn.to/2sRhrKK

Swamy’s Master Guide to FR & SR Service Rules and Financial Rules Book
http://amzn.to/2ouAs04

Swamy’s Compilation of CCS (CCA) Rules [ With free Discipline Rules Made Objective (MCQ) ]
http://amzn.to/2ESAJ4e

Swamy’s Compilation of CCS (CCA) Rules [ With free Discipline Rules Made Objective (MCQ) ]
http://amzn.to/2ESAJ4e

Swamy Publishers (P) Ltd. Swamys Post Office Guide, Part I
http://amzn.to/2GKDo0l

Swamy Publishers (P) Ltd. Postal Manual - Railway Mail Service, Volume-VII
http://amzn.to/2sW2aIW

Swamy Publishers (P) Ltd. Postal Manual - Post Office and Railway Mail Service - General Regulations, Volume-V
http://amzn.to/2sW2aIW

Swamy Publishers (P) Ltd. Swamy’s Post Office Guide, Part-II 
http://amzn.to/2F1hSad

Swamy's Compilation of Postal Manual Volume VI - Part III
http://amzn.to/2sW2aIW

Swamy’s Postal Financial Handbook, Vol. I
http://amzn.to/2sPmNq1

Swamy’s Postal Financial Handbook, Vol. II
http://amzn.to/2sPmNq1

Swamy Publishers (P) Ltd. Swamy’s Postal Manual - Post Office, Vol. VI - Part-I - Chapters 1 to 7
http://amzn.to/2sW2aIW

Swamy’s Postal Manual, Volume-II — General Regulations
http://amzn.to/2sW2aIW

Swamy’s Master Guide to FR & SR Service Rules and Financial Rules Book
http://amzn.to/2ouAs04

Swamy’s Compilation of Fundamental Rules and Supplementary Rules FRSR - Part I - General Rules 
http://amzn.to/2sRhrKK

RBI clarification on 5 days in a week for banks

Date : Apr 20, 2019 

RBI clarification on 5 day week in commercial banks

It has been reported in certain sections of the media that commercial banks would have a 5 day week in terms of RBI instructions. It is clarified that this information is not factually correct. RBI has not issued any such directions.

Yogesh Dayal


Chief General Manager


Press Release: 2018-2019/2488 

Source :

AVAILABILITY OF MASTER GUIDE FOR LDCE IPO EXAM , 2019 [ ONLY HINDI MEDIUM ]

【1】 MASTER GUIDE PAPER 1
【2】 MASTER GUIDE PAPER 2
【3】 MASTER GUIDE PAPER 3

● ACCORDING TO NEW SYLLABUS

● LAST FIVE YEAR SOLVED PAPER

CONTACT DETAILS : - 

KAVITA DOBWAL
JAIPUR [ RAJ.]
Mob 9772234497