Thursday, 27 February 2014
Wednesday, 26 February 2014
Definition of "Local" for Speed Post Tariff
Click here to view Postal Directorate OM no 57-04/2013-BD&MD dated 20.02.2014 on the above subject matter.
Notification for Direct Recruitment of Postal/Sorting Assistant Exam (PA/SA) 2013-2014
Notification for Direct recruitment of Postal/Sorting Assistant for the year 2013-2014 is out. Centralised notification has been published by Recruitment Division of Department of Posts, Ministry of Communications & Information Technology vide their letter No. F. No. A-34012/10/2014-DE dated 21-02-2014. Last Recruitment for PA/SA was called during August 2012 for filling up the vacancies for 2011 and 2012. Examination was held in different phases during April 2013 to September 2013 and results were published during October-December 2013. Now this notification is for filling up the vacancies for 2013 and 2014.
The detailed notification read as follows:
PROFILE OF Hon'ble Mr. Justice A.K. Mathur -- Chairman 7 th CPC
Mr. Justice Ashok Kumar Mathur, M.A.,L.L.B – was born on August 7, 1943. He was enrolled as an Advocate of the Rajasthan High Court on October 20, 1967. He was appointed as Assistant Government Advocate and Deputy Government Advocate on August 2, 1969 and Government Advocate of Jodhpur from January 31, 1977 to July 12, 1978. Appointed as Additional Advocate General in 1981. He was appointed as Additional Judge on July 13, 1985 and permanent Judge of the Rajasthan High Court on July 23, 1986. He was transferred to the Madhya Pradesh High Court on February 18, 1994.
He was appointed as Chief Justice of Madhya Pradesh High Court from February 3, 1996. Transferred to the Calcutta High Court on December 22, 1999 .
He was elevated as Judge , Supreme Court of India on June 7, 2004 and retired on August 7, 2008 (F/N)
RTP CASE – NEXT HEARING ON 07.04.2014
The RTP case (OA No. 3532/2013) came up before the Registrar of Principal Bench CAT New Delhi on 24.02.2014. The counsel on behalf of the union of India (Department of Posts) did not appear. Nor have the Respondents given their counter statement (Reply). The case had to be adjourned. The next date is 07.04.2014
Source : http://nfpe.blogspot.in/
CADRE RESTRUCTURING OF GROUP ‘C’ EMPLOYEES OF DEPARTMENT OF POSTS
We are exhibiting below the proposal of the Department, regarding Cadre Restructuring along with the letter submitted by staff side to the Department, for modification of the proposal. As on date, the Department is not ready for any favourable modifications. We are continuing our effort to get it modified. Meanwhile all the Circle/Divisional Secretaries and office bearers are requested to intimate their view points on the proposal of the Department and also regarding the modifications suggested by the staff side. Department is ready to sign the agreement without any modification. In that case what should be our stand?
CADRE RESTRUCTURING – DEAPRTMENT’S PROPOSALS
The Committee constituted by the Department on cadre restructuring of Group ‘C’ employees vide No. 25-04/2012-PE I dated 23rd Oct 2013 held its discussions on 04th Feb 2014 at 1500 hours & on 05th Feb 2014 at 1430 hours under the Chairmanship of Shri V. P. Singh, DDG (Personnel). The following were present: -
Tuesday, 25 February 2014
This week may bring cheer to central employees and pensioners
Central Govt. employees and pensioners will find reasons to celebrate this week. The union cabinet is likely to clear some long awaited demands for it's staff in the next meeting later this week The F.M., currently on foreign tour, likely to return India on 26th February and after which cabinet meeting is likely to take place. According to information available with us, merger of 50% D.A., an additional hike of 10% D.A. from 01.01.2014, granting of Interim Relief and enhancing retirement age to 62 years are under the consideration of Govt. and some of these are to be approved in the next cabinet meeting.
50% DA MERGER - Impact of Merger of 50% Dearness Allowance with Basic Pay
Any possible to convert 50% of dearness allowance to dearness pay..!
Everyone's pointing fingers at "Parliament Election"...!
50% of dearness allowance had been merged with basic pay for Central Government Employees and Pensioners with effect from 1.4.2004. This was followed the recommendation of 5th Central Pay Commission and the Union Government had decided to merge 50% of dearness allowance with baisc pay and issued orders on 1.3.2004. (61% - 50% = 11%) 50% of dearness allowance merged with basic pay and remaining 11% had been issued as normal dearness allowance with effect from 1.1.2004.
Example : An employee's Basic Pay had revised as under on 1.1.2004 after 50 % DA merged with basic pay...
| Basic Pay | Dearness allowance 61% | Total | Basic Pay | Dearness Pay | Remaining percentage of Dearness allowance 11% | Total | Difference |
4000 | 2440 | 6440 | 4000 | 2000 | 660 | 6660 | 220 |
[And the next instalment of additional dearness allowance from 1.7.2004 declared as 3%, then the total dearness allowance went up to 14%. When implementation of 6th CPC, the above employee's basic pay was 4200 as on 1.1.2006, it just multiply with 1.86 and add with corresponding grade pay.]
Everybody thinking as more benefit on 50% of DA merge with basic pay...not like that..!
Everybody thinking as more benefit on 50% of DA merge with basic pay...not like that..!
Tuesday, 18 February 2014
Challenges before the Seventh Pay Commission: Raj Kumar Ray
SUMMARY
Growth has fallen in the last couple of years eroding revenue while inflation remains stubbornly high. The new pay commission will have to factor in both concerns
Why does the government appoint a pay commission every decade?
A pay panel is appointed every decade to review and recommend the pay structure for central government employees taking into account various factors such as cost of living, inflation rate, revenue growth and fiscal deficit of the government, growth in workforce, private sector job scenario and wages, and economic growth. The government has so far appointed six pay commissions. The demand for a permanent pay commission set up through an Act of Parliament has been raised once but it was not accepted by the government.
Earlier this month, Prime Minister Manmohan Singh approved the constitution of the Seventh Pay Commission—to be headed by retired Supreme Court judge Ashok Kumar Mathur—to suggest the extent of hike in salaries of the 7-million-plus central government staff and pensioners with effect from 2016. Petroleum secretary Vivek Rae has been appointed as a full-time member, NIPFP director Rathin Roy will be part-time member and Meena Agarwal will be member-secretary of the new pay panel.
The nuts and bolts of Interim Budget
The nuts and bolts of Interim Budget
The fiscal deficit for 2013-14 will be contained at 4.6% of GDP, well below the red line drawn last year.
The fiscal deficit for 2013-14 will be contained at 4.6% of GDP, well below the red line drawn last year. The Current Account Deficit, which threatened to exceed last year’s CAD of $88 billion, will be contained at $45 billion, and about $15 billion is expected to be added to the foreign exchange reserves by the end of FY14. Analysts and rating agencies no longer speak about a downgrade.
Both WPI and core inflation fall
Wholesale Price Index (WPI) headline inflation stood and core inflation declined from 7.3% and 4.2% respectively on Budget Day 2013 to 5.05% and three% at the end of January 2014. However, there is still some distance to go. Food inflation is still the main worry, although it has declined sharply from a high of 13.6% to 6.2%.
All Post offices to start working on new technology by 2015 - Finance Minister P Chidambaram
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| Finance Minister P Chidambaram |
“The IT modernisation project of the Department of Posts with outlay of Rs. 4,909 crore will be operational by 2015 in all 1.55 lakh locations,” the finance minister said.
The IT modernisation project with this outlay was approved by Cabinet Committee of Economic Affairs (CCEA) in November 2012. It has to be implemented through eight projects which include core banking system technology, IT-based management at post offices, business intelligence system to analyse and project new business opportunity.
Monday, 17 February 2014
NFPE - FEDERAL SECRETARIAT MEETING
NATIONAL FEDERATION OF POSTALEMPLOYEES
1st Floor, North Avenue Post Office, New Delhi – 110001
No .PF - FS / 2014 Dated: 15th February 2014
NOTICE
It is hereby notified in accordance with Article 12 of the Constitution of NFPE that the meeting of the Federal Secretariat of National Federation of Postal Employees will be held at NFPE Office, 1st Floor North Avenue Post Office Building New Delhi-110 001 on 18th February 2014 at 04.00 P.M . The agenda items for discussion in the meeting are as under:
AGENDA
1 . Review of the 12th & 13th Feb 2014- Two days strike
2 . Any other item with the permission of the Chair
th Pay Commission for Tamilnadu State Employees
7th Pay Commission may be implemented in the financial year 2016-17 to all employees working under state government, sources said.
One of the highlight announcement in the state budget yesterday, 7th pay revision would be implemented from 1.1.2016.
Proposal of implementation of 7th Pay Revision for state employees in 2016-17.
It is expected to implement the recommendations of 7th Pay Commission in the financial year 2016-17, said in a statement on Thursday tabled the budget for 2014-15.
As a result of filling vacant posts and hike in Dearness allowance and revision of salary, additional costs incurred from 14.62 to 20 per cent growth in the fiscal 2015-16 and 2016-17 respectively.
7th Pay Commission would be implemented on implementation date only, unlike the previous pay commissions. Due to avoid the issue of arrears, the recommendations of 7th Pay commission will be implemented in immediately after the submitted report of pay commission.
Five things to know about National Savings Certificate
1) The National Savings Certificate (NSC) is eligible for tax deduction under Section 80C for an investment of up to Rs 1 lakh. One can invest in five- or 10-year NSCs.
2) The interest on the NSC is fixed in April every year. The current rate is 8.5% for five years, and 8.8% for 10 years.
3) The interest accumulated every year can be deducted from Rs 1 lakh investible in that year for saving tax, as it is considered to be invested for this purpose.
4) The interest is taxable, but since it can be reinvested as part of Section 80C investment, it makes NSC an attractive option.
2) The interest on the NSC is fixed in April every year. The current rate is 8.5% for five years, and 8.8% for 10 years.
3) The interest accumulated every year can be deducted from Rs 1 lakh investible in that year for saving tax, as it is considered to be invested for this purpose.
4) The interest is taxable, but since it can be reinvested as part of Section 80C investment, it makes NSC an attractive option.
Saturday, 15 February 2014
Friday, 7 February 2014
Flash : IPO Exam 2013 Results
List of selected candidates of IP Exam 2013 held on 14 & 15.09.2013 - TN Circle.
Sl
|
Name S/s
|
Barcode
|
Roll No.
|
1
|
S Ganesh Kumar
|
514014
|
1291580053
|
2
|
B Vinodkumar
|
544772
|
1291580230
|
3
|
K Sivasankari
|
514012
|
1291580201
|
4
|
M Karthikeyan
|
519486
|
1291320003
|
5
|
D ANand Yuvaraj
|
519457
|
1291720002
|
6
|
K Kanaga Sundaram
|
519436
|
1291120007
|
7
|
K Swaminathan
|
514009
|
1291580071
|
8
|
A Senthil
|
514072
|
1291580190
|
9
|
M Karthik
|
514028
|
1291580078
|
10
|
R Rajeshkumar
|
514028
|
1291580078
|
11
|
V Leo Jesuranaj
|
514007
|
1291580218
|
12
|
T Balasubramaniam
|
514148
|
1291580027
|
13
|
MR Kannan
|
519449
|
1291720003
|
14
|
V Suyambukala
|
514101
|
1291580210
|
15
|
P Balamurugan
|
519464
|
1291210001
|
16
|
S Selvakumar
|
511749
|
1291580187
|
17
|
B Subashini
|
514042
|
1291580204
|
18
|
K Karthigai Pandian
|
519438
|
1291120008
|
19
|
U Parakash
|
511779
|
1291580133
|
20
|
R Jeyanthi Kumari
|
514158
|
1291580064
|
21
|
C Malarvizhi
|
511786
|
1291580033
|
22
|
P Gughan
|
519531
|
1291120004
|
23
|
B Sathyaraja
|
511744
|
1291580183
|
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