NUPE GC Karnataka Circle: NATIONAL UNION JOINT CWC MEETING

NUPE GC Karnataka Circle: NATIONAL UNION JOINT CWC MEETING

NUPE GC Karnataka Circle: JOINT CIRCLE WORKING COMMITTE MEETING OF NAPE GROU...

NUPE GC Karnataka Circle: JOINT CIRCLE WORKING COMMITTE MEETING OF NAPE GROU...

INSTRUCTIONS FROM CPMG, TN CIRCLE FOR RENEWAL OF REGISTRATION CERTIFICATE FOR CABLE TV

Now, premature closure possible in PPF postal scheme

With the Public Provident Fund, recently re-launched as Ponmagan Podhuvaippu Nidhi, gaining more patronage, the postal department has relaxed a few norms for the savings scheme.

Soon, customers have the option of closing the deposit scheme after completing five years for reasons such as children’s higher education or expenditure towards medical treatment.

In the last six months alone, nearly 20,000 PPF accounts have been opened in Chennai city region. The scheme has nearly 1.21 lakh depositors so far in the region.

Earlier, the depositor could take loans and partially withdraw in the seventh year of the scheme.

Now, premature closure of the deposit is allowed. Officials of the postal department said the scheme, which does not involve any age limit, can also be opened in the name of children through their guardians. Depositors could save from Rs.500 to Rs.1.5 lakh in a year for which an interest of 8.7 per cent is provided.

However, the Tamil Nadu circle has only 1.78 lakh PPF accounts of which a major chunk has been opened in the Chennai region. Sources said the long-term savings scheme had not reached the rural and suburban areas. Though the Union government has decided to recalibrate interest rate of small saving schemes from April 1, depositors may enjoy the same interest rate for saving in PPF.

Cabinet approves 6% hike in DA for central govt employees ( w.e.f 01/07/2015) - SA POST

Cabinet approves 6% hike in DA for central govt employees ( w.e.f 01/07/2015) - SA POST

FMC TO DELIVERY STAFF AND REMUNERATION TO OTHER STAFF

REVISION OF FIXED MONETARY COMPENSATION (FMC) TO DELIVERY STAFF AND REMUNERATION TO OTHER STAFF 

                CLICK HERE FOR DETAILS 

·         D.G. Posts No. 10-7/2001-PE-II dated 14^th August, 2015.

 I am directed to refer to Directorate letters of even number dated 04.09.2002, 20.01.2003 and 24.11.2010 on the above mentioned subject.

2.           The Department has revived a number of references from the staff Associations requesting for upward revision of Fixed Monetary Compensation (FMC) admissible to Postman Staff. A Committee of Senior Officers  was constituted for looking into the issue and the  report of the Committee has been examined  carefully in consultation with Integrated  Finance  Wing  and the Competent Authority has ordered enhancement of the  Fixed Monetary  Compensation (FMC) admissible  to Postmen staff. The details are as under:

S.L. No.	Item	Existing Rate	Revised Rate
(a)	When one Postman performs duty of an absentee Postman by combination of duties.	Rs.50 per day	Rs. 94 per day
(b)	When two Postmen perform duty of an absentee Postman by sharing the beat.	Rs.24 per day	Rs.47 per  day

3.           The Competent  Authority  has also ordered fixation / revision of Holiday/Sunday Monetary  Compensation payable to Postmen  Staff and other  Departmental Staff brought on duty on 2^nd consecutive Holiday if three consecutive  holidays occur or duty performed on Sunday as shown under:

Cadre	Item	Existing Rate	Revised	Remarks
Postmen/Sorting Postmen	When duty performed on Holiday/Sunday	Rs.85	Rs.282/- per day for full day duty.	Nil
MTS	When duty performed on Holiday/Sunday	Rs.60	Rs.29/-per hour, subject to maximum of 3 hours	If duty performed above 3 hours, the employee is eligible to claim for 3 hours pay only.
Postal Assistant	When duty performed on Holiday/Sunday	Rs.85	Rs.41/-per hour, subject to maximum of 3 hours
Supervisor	When duty performed on Holiday/Sunday	Rs.85	Rs.47/-per hour, subject to maximum of 3 hours

4.           All other conditions for payment of Fixed Monetary Compensation (FMC) issued vide OM No. 10-23/87-PE-I dated 21.12.1993 and delivery of Unregistered letters on Holidays issued  under 9-25/92-C1 dated 10.09.92 will remain unchanged.

 5.          The expenditure on account of revision has to be met from the allocated funds of the units under the prescribed Head of Account.

  6.         These orders will take effect from the date of issue.

7.           This issues in consultation with the Integrated Finance Wing vide their diary number 118/FA/2015/CS dated 14.08.2015.

                                                                                                                              Sd/-

(Maj)S.N.Dave)

Assistant Director General (