PO interest rate hiked

Rationalisation of Schemes

 (i) The maturity period for Monthly Income Scheme (MIS) and National Savings Certificate (NSC) will be reduced from 6 years to 5 years.

(ii) A new NSC instrument, with maturity period of 10 years, would be introduced.

(iii) Kisan Vikas Patras (KVPs) will be discontinued.

(iv) The annual ceiling on investment under Public Provident Fund (PPF) Scheme will be increased from Rs.70,000 to Rs 1 lakh.

(v) Interest on loans obtained from PPF will be increased to 2% p.a. from existing 1% p.a.

(vi) Liquidity of Post Office Time Deposit (POTD) – 1, 2, 3 & 5 years – will be improved by allowing pre-mature withdrawal at a rate of interest 1% less than the time deposits of comparable maturity. For pre-mature withdrawals between 6-12 months of investment, Post Office Savings Account (POSA) rate of interest will be paid.

 Interest Rates on Small Savings Instruments

 (i) The rate of interest paid under Post Office Savings Account (POSA) will be increased from 3.5% to 4% p.a.

(ii) The rate of interest on small savings schemes will be aligned with G-Sec rates of similar maturity, with a spread of 25 basis points (bps) with two exceptions. The spread on 10 year NSC (new instrument) will be 50 bps and on Senior Citizens Savings Scheme 100 bps. The interest rates for every financial year will be notified before 1st April of that year.

(iii) Assuming the date of implementation of the recommendations of the Committee as 1st December, 2011, the rate of interest on various small savings schemes for current financial year on the basis of the interest compounding/payment built in the schemes, will be as given below:-

Instrument                 Current Rate (%)       Proposed Rate (%)

Savings Deposit                                3.50                                       4.0

1 year Time Deposit                        6.25                                       7.7

2 year Time Deposit                        6.50                                       7.8

3 year Time Deposit                        7.25                                        8.0

5 year Time Deposit                        7.50                                        8.3

5 year Recurring Deposit               7.50                                        8.0

5-year SCSS                                        9.00                                       9.0

5 year MIS                                           8.00 (6 year MIS)              8.2

5 year NSC                                          8.00 (6 year NSC)              8.4

10 year NSC New Instrument                                                     8.7

PPF                                                        8.00                                        8.6

(iv) Payment of 5% bonus on maturity of MIS will be discontinued.

 Commission to Agents

 (i) Payment of commission on PPF schemes (1%) and Senior Citizens Savings Scheme (0.5%) will be discontinued.

(ii) Agency commission under all other schemes (except MPKBY agents) will be reduced from existing 1% to 0.5%.

(iii) Commission at existing rate of 4% will continue for Mahila Pradhan Kshetriya Bachat Yojana (MPKBY) agents.

(iv) Incentives, if any, paid by the State/UT Governments will be reduced from the commission paid by the Central Government.

Investments from NSSF

(i) The minimum share of States in net small savings collections in a year, for investment in State Governments Securities, will be reduced from 80% to 50%. The remaining amount will be invested in Central Government securities or lent to other willing States or in securities issued by infrastructure companies/agencies, wholly owned by Central Government.

(ii) Yearly repayment of NSSF loans made by Centre and States, will be reinvested in Central and State Government securities in the ratio of 50:50.

(iii) The period of repayment of NSSF loans by Centre and States will be reduced to 10 years, with no moratorium.

(iv) For the current financial year the prevailing interest rate of 9.5% will continue. From 1st April, 2012 revised interest rate will be notified.

(v) Half yearly payment of interest by the Centre and the States will be introduced.

(vi) Interest rate on existing investments from NSSF in Central Government securities till 2006-07 will be re-set at 9% and on those from 2007-08 till 2010-11 will be re-set at 9.5%.

Postings

CONGRATULATIONS :
Sri.K.Raveendran SSRM, T Division posted to Directorate on regular basis  and reallotted to Tamil Nadu Circle.

HIGHLIGHTS OF DRAFT PO BILL 2011

Highlights of draft Post Office Bill 2011

1. Opening of market by reducing the exclusive privilege of Central Government:

Gradual opening of the market by phase wise removal of the monopoly proposed. Exclusive privilege reduced upto 150 gm. In case of letters and upto 50 gm. in case of express mail. Couriers can carry letters even within 150 gm and 50 gm ( the reserve area) subject to them charging twice the postal rates for letters and twice the rates for express service.

 2. Sunset clause:

A 15 years SUNSET clause for complete removal of exclusive privilege in express  service and Parliamentary Review of exclusive privilege in case of letters is proposed.

 3. Universal Service Obligation of the Central Government:

As proposed, USO is defined as the obligation of the Central Government to provide, through the Department of Posts, basic postal services at reasonable access, affordable price and with specified service parameters throughout the country. Commitment to provide postal service, delivery and access to post office 6 days of the week except holidays.

4. Definitions:

Definitions of certain ‘terms’ are proposed keeping in view the definition adopted by different countries, as also the requirement of customers i.e.

 a) “postal services” means services provided by the Central Government or on its behalf

and includes services related to

 (i) handling of addressed letters,

(ii) handling of addressed parcels and packages,

(iii) handling of addressed press products,

(iv) handling of these articles as registered or insured mail,

(v) express services for these articles,

(vi) handling of unaddressed articles,

(vii) Value Payable Post,

(viii) money remittance

(ix) Post Office Counter Services

(x) services on behalf of any Ministry or Department of the Central or State  Governments, or services on behalf of any other organization

(xi) other services not specified elsewhere;

 b) “courier services” means services related to the handling of articles of mail i.e. collection, sorting, dispatch, conveyance and delivery including

 (i) handling of addressed letters subject to provisions in Section 4,

(ii) handling of addressed parcels and packages,

(iii) handling of addressed press products,

(iv) express services for these articles subject to provision in Section 4

(v) handling of unaddressed articles,

 c) “express services” means postal / courier services related to handling of articles of mail and expedited delivery within a clearly specified and declared time limit with confirmation of receipt and with or without end‐to‐end integration to ensure track and trace and a record of delivery ;

 d) “Registered Courier” means any person registered as such under Section ‐‐‐ and includes his employee or agent or assignee;

 e) “Licensee” means a Registered Courier who has been given license under Section ‐‐;

5. Registration and Licensing:

 The Central Government may grant registration to any person undertaking the provision of any courier service in India, who shall be called a Registered Courier. The Central Government may also grant license to any Registered Courier, who shall be called a licensee, for providing certain specific services. There is no registration fee or license fee. Licensing conditions involve adherence to quality, guarantee relief to customers in case of any deficiency in service and commitment to ensure confidentiality and security of letter. All operators will require registration for providing any type of courier service in India. But license will be required only for reserve area, USO and letter mail.

 6. Registering Authority:

 It is proposed that Central Government shall appoint Registering Authority, in such manner and to perform such functions, as may be prescribed.

 7. Appellate Authority:

 An Appellate Authority is proposed for redressal of grievances of any person aggrieved by an order of Registration Authority.

 8. Setting up Extra Territorial Offices of Exchange (ETOE) and International mail Processing Centers (IMPC) abroad:

 Central Govt. may establish ETOEs/IMPCs in other countries for providing international Mail Services including express and parcel services subject to arrangements with such Postal Administrations regarding terms and conditions.

(Source: Indiapost.gov.in)

Posting of husband and wife at the same station

F.NO.28034/9/2009-Estt.(A)

Government of India

Ministry of Personnel, Public Grievances and Pensions

(Department of Personnel and Training)

North Block, New Delhi,

Dated the 30^th September, 2009.

OFFICE MEMORANDUM

 
Subject: Posting of husband and wife at the same station.

*******

 

In view of the utmost importance attached to the enhancement of women’s status in all walks of life and to enable them to lead a normal family life as also to ensure the education and welfare of the children, guidelines were issued by DOP&T in O.M No. 28034/7/86-Estt.(A) dated 3.4.86 and No.28034/2/97-Estt.(A) dated 12.6.97 for posting of husband and wife who are in Government service, at the same station. Department had on 23.8.2004 issued instructions to all Mins. / Deptts. to follow the above guidelines in letter and spirit.
 
2. In the context of the need to make concerted efforts to increase representation of women in Central Government jobs, these guidelines have been reviewed to see whether the instructions could be made mandatory. It has been decided that when both spouses are in same Central Service or working in same Deptt. and if posts are available, they may mandatorily be posted at the same station. It is also necessary to make the provisions at Paras 3(iv) and (vi) of the O.M. dated 3.4.86 stronger as it is not always necessary that the service to which the spouse with longer service belongs has adequate number of posts and posting to the nearest station by either of the Department may become necessary.
 
3. On the basis of the 6th CPC Report, Govt. servants have already been allowed the facility of Child Care Leave which is admissible till the children attain 18 years of age. On similar lines, provisions of O.M. dated 12.6.97 have been amended.
 
4. The onsolidated guidelines will now be as follows:
 
(i) Where the spouses belong to the same All India Service or two of the All India Services, namely lAS, IPS and Indian Forest Service (Group ‘A’);
        The spouse may be transferred to the same cadre by providing for a cadre transfer of one spouse to the Cadre of the other spouse, on the request of the member of service subject to the member of service not being posted under this process to his/her home cadre. Postings within the Cadre will, of course, fall within the purview of the State Govt.
 
(ii) Where one spouse belongs to one of the All India Services and the other spouse belongs’ to one of the Central Services:-
        The cadre controlling authority of the Central Service may post the officer to the station or if there is no post in that station, to the State where the other spouse belonging to the All India service is posted.
 
(iii) Where the spouses belong to the same Central Service:
        The Cadre controlling authority may post the spouses to the same station.
 
(iv) Where the spouse belongs to one Central Service and the other spouse belongs to another Central Service:-
        The spouse with the longer service at a station may apply to his/her appropriate cadre controlling authority and the said authority may post the said officer to the station or if there is no post in that station to the nearest station where the post exists. In case that authority, after consideration of the request, is not in a position to accede to the request, on the basis of non-availability of vacant post, the spouse with lesser service may apply to the appropriate cadre authority accordingly, and that authority will consider such requests for posting the said officer to the station or if there is no post in that station to the nearest station where the post exists.
 
(v) Where one spouse belongs to an All India Service and the other spouse belongs to a Public Sector Undertaking:
        The spouse employed under the Public Sector Undertaking may apply to the competent authority and said authority may post the said officer to the station, or if there is no post under the PSU in that station, to the State where the other spouse is posted.
 
(vi) Where one spouse belongs to a Central Service and the other spouse belongs to a PSU:-
        The spouse employed under the PSU ‘may apply to the competent authority and the said authority may post the officer to the station or if there is no post under the PSU in that station, to the station nearest to the station where the other spouse is posted. If, however, the request cannot be granted because the PSU has no post in the said station, then the spouse belonging to the Central Service may apply to the appropriate cadre controlling authority and the said authority may post the said officer to the station or if there is no post in that station, to the station nearest to the station where the spouse employed under PSU is posted.
 
(vii) Where one spouse is employed under the Central Govt. and the other spouse is employed under the state Govt.:-
        The spouse employed under the Central Govt. may apply to the competent authority and the competent authority may post the said officer to the station or if there is no post in that station to the State where the other spouse is posted.
 
(viii)         ”The husband & wife, if working in the same Department and if the required level of post is available, should invariably be posted together in order to enable them to lead a normal family life and look after the welfare of their children especially till the children attain 18 years of age. This will not apply on appointment under the central Staffing Scheme. Where only wife is a Govt. servant, the above concessions would be applicable to the Govt. servant.
 
5.         Complaints are sometimes received that even if posts are available in the station of posting of the spouse, the administrative authorities do not accommodate the employees citing administrative reasons. In all such cases, the cadre controlling authority should strive to post the employee at the station of the spouse and in case of inability to do so, specific reasons, therefor, may be communicated to the employee.
 
6.         Although, normal channels of representations/complaints redressal mechanism exist in the Min. / Deptts., added safeguards to prevent noncompliance may be provided by ensuring that the complaints against nonadherence to the instructions are be decided by the authorities at least one level above the authorities which took the original decision when they are below the level of secretary to the Govt. of India/Head of the PSU concerned and all such representations are considered and disposed off in time bound manner.
 
7.         Hindi version will follow.

 

(C.B.Paliwal)

Joint Secretary to the Govt. of India

IP SURPLUS QUALIFIED SCHEME

OFFICE MEMORANDUM

Sub:   Inspector of Posts Examination - allotment of Surplus Qualified             Candidates

            The Competent Authority has decided that the Surplus Qualified Inspectors scheme which was introduced vide this office letter of even number dated 13.04.2007 and dated 20.04.2007 is hereby dropped.

2. The above order is effective from the Inspector of Posts Examination 2011 which will be held on 3rd and 4th September 2011.

              Sd......
              (L.Mohan Rao)
              Assistant Director General (DE)

Revision of OSA - for RMS staff

OUTSTATION ALLOWANCE (OSA) FOR RMS STAFF- REVISION OF RATES THEREOF

No. D.G. Posts No. 28.2/2010-D dated 19.7.2011

            The outstation allowance payable to the RMS Staff was last revised vide Directorate Memo no. 50-1/98-D dated 08.03.1999 and was under consideration at this Directorate  for further revision in the wake of revised DA rates recommended by the 6th Central Pay Commission.

2.         It has been decided to revise upwards the Outstation Allowance payable to the RMS Staff for a period of absence on duty from their headquarters exceeding six hours at the following rates:

i)          Multi task Staff (Gr. D)  Rs. 27.50
ii)         Mail Guard                   Rs.27.50
iii)        Head Mail Guard          Rs.29.70
iv)        Sorting Assistants        Rs.29.70
v)         LSG SA                        Rs.31.50

FOR EVERY SIX HOURS OR PART THEREOF

3.         The revised Outstation allowance rates would be applicable with restrospective effect from 01.09.2008.

4.         This issues with the concurrence of IFW vide Diary No. 64/FA/11/CS dated 15.07.2011 and approval of Secretary (Posts)

MCKENSY RECOMMENDATION:

After the total failure of Speed Post Hub Experiment.....

McKInsey Model Hubs for first class mails also!!!

NUMBER OF SORTING OFFICES WILL BE REDUCED TO 77.

Proposed set of level-1 Sorting Centres for First Class Mail

(Ordinary & Registered)

For Tamil Nadu circle

Chennai
Coimbatore
Erode
Madurai
Salem
Tirunelveli
Trichy
Villupuram

get ready for immediate strike if situation warrants

strike date will be advanced if department go ahead with

implementation of mckinsey reforms:

five lakhs postal employees of india post

in one voice declare:

MONTHLY MEETING WITH THE SSRM

MONTHLY MEETING WITH THE SSRM WILL BE HELD ON 22-03-2011
OUR UNOIN WILL BE REPRESENTED BY
    Com; G.Vaidyanathan Divisional President,mayiladuthurai. 
    Com; M.Gavanahan    Divisional Secretary tiruchy
    Com; D.Mohanraj       HRO Branch Seretary tiuchy

BEST WISHES FOR THE CANDIDATES APPOINTED AS SAS

THE FOURTH ROUND OF POSTING ORDERS WERE ISSUED BY THE SSRM ON FRIDAY FOR 12 OFFICIALS.
      SRO mayiladuthurai-A.Arunjayaselan, T.Yuvashree
      SRO Tiruvarur        -V.Kaviprabu
      SRO Virudhachalam-S.Shanmugavel. S.J.Nimanaz,S.Sinthuja, G.Bakkiaraj
      SRO Villupuram      -S.Padmapriya, S.Surendar,Vaikunda Vignesh Kumar, D.Nilavalagan,P.Ajithkumar

Our union convey its best wishes to the newly appointed comrades .

SOME TIPS FOR THE TRAINEES

1.Totally it will take 3 to 4 hours to reach PTC Madurai from Tiruchy. There are frequent number of buses plying from Tiruchy central bus stand. You have to travel 2to 2.30 hrs to reach madurai Mattuthavani bus stand. From there you have go by town bus to PERIYAR BUS STAND, for this you need atleast 30 minutes.O pposite to periyar there is a small bus stand from where you can catch the town bus to reach PTC.It will take another30 minutes.   kariapatti.and madurai airport town buses will stop at ptc.bus stop name; PEUNGUDI/PTC
 please plan your travel in such a way that you well in advance reach the training centre.

2.BOARDING AND LODGING WILL BE PROVIDED AT PTC.SO DONT WORRY ABOUT YOUR STAY.FOOD ETC. THERE IS SEPERATE HOSTEL FOR LADIES.
3.you have to pay advance and finally settle the mess bills be prepared for that.
Dont worry about anything.you will never forget the training days in your life.Attend the classes sincerly.Chat with your friends.Have small trips to temples and historical places.Visit our unoin and department websites.

BEST WISHES

WE CONVEY OUE BEST WISHES TO OUR COMRADES WHO WILL BE  ATTENDING THE SA TRAINING AT PTC MADURAI

SA TRAINING AT PTC MADURAI

FIRST BATCH OF NEWLY RECRUITED SAS WILL BE ATTENDING  TRAINING AT PTC MADURAI FROM 28 TH MARCH 2011.BEFORE THAT THEY HAVE TO ATTEND A  TWO DAY TRAINING AT TIRUCHY ON 25TH AND 26TH.
\THE FOLLOWING FRIENDS WILL ATTEND THE FIRST BATCH OF THE LONG AWAITED  TRAINING.ORDERS WERE ISSUED ON FRIDAY BY THE SSRM.
          1.    S.T.ARUN
          2.    P.UMAKANTH
          3    .A.ARUN JAYASELAN
          4    .R.DANAVEL
          5.     M.ARULALAN
          6    .K.VINOTH KUMAR
          7    .T.YUVASHREE
          8.    V.KAVIPRABU
          9    .N.MANIKANDAPRAKASH
          10      .S.HARISH
          11  .S.PRABU
           12.   N.SRINIVASAN
          13  .S.PADMAPRIYA

Revised Pattern and Syllabus for Inspector of Post examination

Revised Pattern and Syllabus for Limited Department Competitive Examination for the post of Inspector is as under, The examination will be held without the aid of books. The date for holding of the Examination will be communicated separately.

Sl. No.	Heading	Existing Syllabus and Pattern	Revised Syllabus and Pattern
1.	No. of Papers	5	4
2.	Syllabus	Paper I – Postal Manual Vol. V, Postal Manual Vol. IV, Postal Manual Vol II, CCS (Conduct) Rules, Postal Manual Vol. III, MTT	Paper I      (1)   Acts/Rules/ Guidelines Instructions relating to Inland & Foreign Posts, Mail Operations, Money Remittances, Savings Bank Schemes and Certificates Rural and Postal Life Insurance.     (2) Organization of Department, Office Procedure and Material Management for optimum utilization of network, Establishment and Administrative Matters.
		Paper II – Postal Manual Vol VIII, PO Guide Part I and II, Postal Manual Vol VI (Part I, II AND III) POSB Manual Vol. I & II Postal Manual Vol. VII	Paper II CCS (Conduct) Rules, CCS (CCA) Rules, Accounts, FRs & SRs and FHBs.
		Paper III – FHB Vol. I & II, FRs and SRs, CCS (Pension) Rules, CCS (Leave) rules, CCS (Joining Time) Rules	Paper III  (1) Constitution of India (2) Short title, extent, commencement and definitions of CPC & Cr PC. (i) Cr PC: Proclamation for person absconding attachment of property of person absconding, claims and objections to attachments, release, sale and restoration of attached property. (ii) Indian Evidence Act: Short title, extent and commencement Of  the relevancy of the facts: Evidence may be given of facts in issue and relevant facts, relevancy of facts forming part of the same transaction, facts which are the occasion, cause or effect of facts in issue; motive, preparation and previous or subsequent conduct. Facts which need not be proved: Of oral evidence: Of documentary evidence (iii) Indian Penal Code: General Explanation: Of Punishments Of offences by or relating to public servants Of contempt of the lawful authority of public servants Of the criminal breach of contract of service      (3) RTI Act and Consumer Protection Act
		Paper IV – Indian Post Office Act., Government savings Bank and Certificate Acts, IPC, Evidence Act, Cr. PC, CAT, Consumer Protection Act	Paper-IV English Language General Knowledge & Reasoning/ Intelligence
		Paper V – Essay, General Knowledge, Computer Basics and Intelligence Test.
3.	Marks	Each paper carries 100 marks	Each paper will carry 300 marks
4.	Duration	Duration for each paper is 3 hrs.	Duration of each paper would be 3 hrs.
5.	No. of Questions	Subjective type Questions	150 Multiple Choice Question (MCQ) in each paper
6.	Qualifying marks	40% marks in each paper subject to an overall average of 45% for general category and 33% marks in each appear subject to an overall average of 38% for SC/ST	No change
7.	Assessment of APAR / ACR	Not included	The Competent Authority will ensure and certify the following before recommending the  application of the official for examination:           (i) No disciplinary action is pending or contemplated against the applicant           (ii) No punishment is current against the applicant (iii)     No adverse entry in the APAR/ACR in the last five years.

(Amendment to Rule 2 of Appendix no.37 of Postal manual volume VI - The advance notice of minimum period of 40 days should ordinarily be given for every departmental examination)