SPEEDPOST RATE FROM 1ST OCTOBER

CABINET APPROVES 7% HIKE IN DA FOR CENTRAL GOVT. EMPLOYEES.

The Cabinet on Monday (24/9/2012) approved a hike of 7% in dearness allowance(DA) for central government employees. This means, the DA will now be 72 per centfrom the current 65 per cent of basic pay. The decision, which would benefit about 50 lakh of employees and 30 lakh pensioners of the central government, comes in the backdrop of government increasing the diesel price by Rs 5 per litre and retail inflation crossing the double digit mark. 

The government had increased DA last in March this year from 58% to 65%, which was effective from January 1, 2012. The current hike will be effective from July 1 this year and employees would be entitled for arrears from this date. The government periodically hikes the DA, which is linked to consumer price index for industrial workers. The consumer price index (CPI) based on movement in retail prices, soared to 10.03% in August, from 9.86% in July.

CABINET LIKELY TO APPROVE 7% DA HIKE FOR CENTRAL GOVT EMPLOYEES

Reeling under the impact of diesel price hike and high inflation, the 80 lakh central government employees and pensioners are likely to soon get seven per cent increase in Dearness Allowance. The proposal to increase the DA from 65 per cent to 72 per cent is likely to be taken up by the Union Cabinet on Friday, sources said. 

The decision, which would benefit about 50 lakh of employees and 30 lakh pensioners of the central government, comes in the backdrop of government increasing the diesel price by Rs 5 per litre and retail inflation crossing the double digit mark. The hike, once approved, will be effective from July 1, 2012, and the employees would be entitled for arrears from this date. 

The government had increased DA last in March this year from 58 per cent to 65 per cent, which was effective from January 1, 2012. The government periodically hikes the DA, which is linked to consumer price index for industrial workers. The consumer price index (CPI) based on movement in retail prices, soared to 10.03 per cent in August, from 9.86 per cent in July.

Five foreign consultants in race for "Post Bank of India" (PBI)

The Department of Posts has issued request for proposals (RFP) to five top notch foreign consultancy firms for the proposed Post Bank of India project.

The five short-listed firms are

                    1-Accenture Services 

                    2-Boston Consulting Group 

                    3-Ernst & Young

                    4-KPMG Advisory Services

                    5-McKinsey & Co.

The Department of Posts (DoP) is looking to set up a bank — Post Bank of India (PBI) — to provide banking services with special focus on rural areas.

Besides providing a platform for financial inclusion, the Post Bank of India will provide means of additional revenue generation for the DoP.

The consultancy firms chosen, out of the five short-listed ones, will as part of the assignment focus on Detailed Project Report (DPR) on creation of PBI, financial viability of PBI, proposed organisational structure of PBI in the light of RBI regulations, and relationship between PBI and Post Office Savings Bank.

Source : http://www.thehindubusinessline.com

SOON, THE POSTMAN WILL KNOCK, TABLET IN HAND

Very soon, your friendly neighbourhood postman will bring along a tablet computer when he knocks at your door, to carry out all transactions related to delivery of cash, banking activities and a few more.

Infosys’ Vice-President and Head for India Business Raghu Cavale told Business Line that India Post is in talks with the IT major to source hardware and software for the next phase of its computerisation. This project will involve sourcing of low-cost 7-inch and 10-inch tablets and the development of apps for them. Infosys will also develop intellectual property (IP) out of its Bangalore office for these apps.

While the tablets will be used by the postman to enter data such as digital signatures and a delivery challan, the apps will be used by India Post to update its backend database in real time, helping it cut down on errors and fraud. India Post covers about 200 million customers across India and offers small savings schemes, postal life insurance, rural postal life insurance, pension payments and wage disbursements.

The postal department is looking at these solutions as a part of its modernisation drive and to increase operational effectiveness.

Growth forecast

On its part, Infosys sees its India business growing to about $1 billion in the next four years. It recently bagged a key IT outsourcing and consulting deal with India Post and another deal from the Income-Tax Department for its electronic TDS division.

At present, the India operations of Infosys contribute 2 per cent of its $7-billion revenues but the software major considers India one of its key emerging markets. This importance can be gauged from the fact that Infosys’ India business is one of the four verticals within Infosys that reports to the board directly.

The India Post project, which Infosys bagged recently, is worth Rs 700 crore. This project is aimed at spreading financial services across 1.5 lakh post offices in the country. As part of the project, Infosys will also install 1,000 ATMs for India Post to increase the effectiveness of its delivery channel.

Inspector Posts Examination 2012 Postponed again - Fresh dates not announced

It was communicated vide Directorate letter No. A-34012/07/2012-DE dated 06.09.2012 that the Limited Departmental Competitive Examination for promotion to the cadre of Inspector Posts (66.66%) Departmental quota for the year 2012 which was scheduled to be held on 15th and 16th September, 2012 has now been postponed. The exact date of conducting the IP Examination 2012 and schedule will be communicated in due course.

SBI cuts fixed deposit rates by 0.5-1 percent, other lenders may follow

NEW DELHI: Country's largest bank SBI today announced reduction in interest rate on fixed deposits by 0.5 per cent for most of the maturity periods, a move likely to be followed by other lenders.

CENTRAL TRADE UNIONS CALLS FOR TWO - DAY STRIKE FROM FEBRUARY 20 & 21, 2013

New Delhi, September 4, 2012(PTI): Trade unions have jointly called a countrywide two-day strike from February 20 next year to highlight the burning issues facing the common people.

The national convention participated by workers from all sectors have expressed their concern and anguish at the total non-response of the government to address the burning issues, said a release.

The five-point demand jointly formulated by trade unions sought urgent measures to curb prices, employment generation, enforcement of labour laws, social security cover for organised and unorganised workers and stoppages of divestment in state-run PSUs.

As per the action plan, trade unions including AITUC, CITU, INTUC, BMS and HMS have called for mass satyagraha on December 18-19 across the country.

It has also called for a march to Parliament on December 20.

RPLI MELA OF DHARAMGARH SUB DIVISION AT MATHURA HELD ON DT. 02.09.2012

 RPLI MELA

NOW PA /SA RECRUITMENT APPLICATION FORM IS AVAILABLE ONLINE

CLICK HERE TO DOWNLOAD THE PA/SA RECRUITMENT APPLICATION FORM ONLINE FROM 

http://www.examinationonline.in/dop/

Online Procedure :

Click “Register Online” link.

Enter the details like
          a. Name of the applicant as per +2 certificate
          b. DoB as per +2 certificate

          c. E-mail ID of the applicant

          d. Alternative e mail ID.

Then Click Submit button.

The following forms will be sent to the provided e mail ID within 24 hrs.

       a. Special instruction sheet.

       b. Application form.

       c. Instruction sheet / Information brochure (11 sheets).

Sale of forms for Postal Assistant , sorting Assistant, Postal assistant for SBCO and MMS is going on from 11th of August from identified Post Offices. Seeing the excessive crowd and demand of the form, India post has now decided to make these forms available online and can be downloaded from the India Post website www.indiapost.gov.in. After on line in India post Web site, the application Kit will be sent to the given Email ID with in 24 hours.

Online registration facility to get Application Kits will be available in www.indiapost.gov.in from 03.09.2012 to 25.09.2012.

1. The applicants applying on the application form downloaded on line has to pay:

a) Rs. 50/- (Rs. Fifty) towards Application cost and Rs. 200/- (Rs. Two Hundred) towards examination fee. The fee for Application cost at Rs. 50 shall be paid by all the candidates. For Examination fee, Scheduled caste, Scheduled Tribes, Women, Physically Handicapped candidates are exempted.

b) Accordingly, the Unclassified Receipt/ ACG-67 receipt paid in any Post Office, for Rs.50 or Rs.250 as the same case may be, enclosed in original to the downloaded application form. The seven digit unique Registration number printed on downloaded Application form has to be noted on the backside of the fee receipt.

SPECIAL INSTRUCTION FOR FILLING UP THE FORM
INSTRUCTION FOR FILLING UP THE FORM