ATM facilities soon for postal savings account holders in odisha
Postal savings account holders in Odisha can now avail of ATM services. India Post is all set to start eight automated teller machines (ATM) in different towns of the state soon.
"The ATM facilities will be initially available in eight head offices including Bhubaneswar, Cuttack, Rourkela, Dhenkanal, Aska and Berhampur. Later, it will be extended to sub post offices. The ATMs are expected to be operational in the next three to four months," said director of postal services P K Singh. This is a part of the core banking core banking system (CBS) project, he said.
"All post offices in the state will be connected under the core banking project by 2015," Singh added. There are a total of 8,200 post offices in Odisha with as many as 1 crore 10 lakh account holders. The department has been issuing ATM cards to postal savings bank account holders through which they can withdraw money.
The postal department has also plans to link the Postal Life Insurance service with the core banking scheme so that people can pay their premiums online and check the status of their policies. The department will also roll out core insurance solutions.
India Post, Odisha circle, has also announced to organize the 9th state level Philatelic Exhibition — ODIPEX-2014 — from August 22 to 24 in the city where about 140 philatelists from across the state will participate.
Very rare stamps of great value of national and international importance and awarded philatelists and that of school students based on various aspects of philatelic rules will be displayed at the exhibition. Six beautiful special covers depicting culture and heritage, wildlife and progress of Odisha will be released on the occasion.
"The main attraction of the event will be 'My Stamp' in which one can have his own photo and logos of institutions or images alongside the selected commemorative postage stamps. Twenty stalls by the stamp dealers will be put up where rare stamps and stationary of India and foreign countries with philatelic value will be available," said chief postmaster general of Odisha circle Tilak De.
Notification for “Republic Day 2015 – Stamp Design Competition”
Department of Posts is holding a “Republic Day 2015 – Stamp
Design Competition”. The theme of the competition is Clean India.
i. Entries
are invited for ‘Republic Day 2015 – Stamp Design Competition’. The
participants are to make an original design on this subject (should not be copy
of picture painted by someone else).
ii. Any
citizen of India can participate in this contest. The design could be in ink,
water colour, oil colour or any other medium (computer printed/printout will
not be allowed). The design submitted should be such that can be depicted on
the stamps in a visually appealing manner so as to be of interest to philatelic
collectors.
iii. Participants
are free to use drawing paper, art paper or any other type of white paper of A4
Size.
iv. The
following particulars should be written legibly on the reverse of the
design:
1.
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Name of the participant*
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2.
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Age*
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3.
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Nationality*
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4.
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Full and complete residential address with Pin code
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5.
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Phone/Mobile Number*
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6.
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E-Mail ID (if available)
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*It is compulsory to provide the
information.
v. An
undertaking stating that ‘The artwork submitted is original and no copyright
issues are involved’ should be sent along with the entry. In case of any legal
dispute related to copyright issue, Department of Posts will not be liable for
the same.
vi. The
design should be sent without being folded, through “Speed Post” only, in
A4 size envelope. The participants should mention “Republic Day 2015
– Stamp Design Contest” on the envelope in which the drawing is sent.
vii. The
prize winning designs will be considered for use on stamps and other philatelic
material. The prize money will be as follows:-
First
prize 10,000/-
Second
prize 6,000/-
Third prize 4,000/-
Third prize 4,000/-
viii. The
entries should reach on the following address by 15.10.2014.The entries
received after the last date of receipt will not be entertained.
To,
ADG (Philately)
Room No. 108(B), Dak Bhawan,
Parliament Street,
New Delhi- 110001
Parliament Street,
New Delhi- 110001
Source : indiapost.gov.in
Govt Proposes to Amend Indian Post Office Act
The government today said it is considering a proposal to
amend the Indian Post Office Act, making postal authorities responsible for non-delivery
or loss in transit of articles for consumers.
"The proposal to amend the Indian Post Office Act,
1898, is under consideration which includes the examination of the scope of
making postal authorities responsible for non-delivery or loss in transit of
the articles of consumers," Minister of Communications and IT Ravi Shankar
Prasad said in a written reply to Lok Sabha.
On a query if Indian Post is losing its share to the
operations of private courier companies, the Minister said the share of both
the traffic and revenue of Speed Post have been increasing over the years.
"Study on Speed Post conducted through the Indian
Market Research Bureau International, reveals that the share of Department of
Posts in the overall courier market has increased from the range of 15.1 per
cent to 18.3 per cent in the year 2010-2011, 16.7 per cent to 19.8 per cent in
year 2011-12 and 17.4 per cent to 20.2 per cent in year 2012-13," he
added.
India Post may apply for payments bank licence
After failing to receive a
full-fledged banking licence from the Reserve Bank of India (RBI) last year,
the department of post is gearing up for a second innings. Now, India Post is looking to set
up a payments bank and is expected to put in fresh application, sources with
direct knowledge of the matter said. “India Post may look at setting up a
payments bank for which it will have to apply again, after which the RBI will
go through its own process to assess whether or not it is eligible,” a senior
government official told HT. The exercise could take a while, he added.
A payments bank can accept
deposits and remit but cannot lend. The move would help in deepening the
financial inclusion programme, sources added.The government is grappling with
the problem to delink post office savings deposits from its fiscal deficit
management programme.Interest rates on post office savings are administered by
the government, unlike commercial banks, where interest rates are market
determined.
If post offices are converted
into banks, they will have to offer competitive interest rates to depositors.
Besides it remains to be seen whether all bank deposits are offered tax
treatment, similar to post office savings, once the postal department is given
a banking licence. While the RBI did not grant a banking licence to India Post
earlier this year, it said that the postal department and the government should
look at the issue separately.
The department, for the last few
years, has remained in the red due to high operational costs. It has been
losing business due to competition from private couriers, usage of mobile
telephony and Internet. However, it has over 150,000 branches across India and
most of them are in rural areas.
Source-hindustantimes
Organization of PLI/RPLI Mela at Divisional level in Odisha
In view of recent flood situation in several places in Odisha Circle, the PLI/RPLI Mela scheduled to be held on 09.08.2014 has been ordered to be deferred to 30.08.2014 (Saturday) by C O keeping all other instructions of earlier letters constant.
Source : AIPEU,BBSR
Expected DA from July 2014 is 7%
Based on the recommendations of the 6th Central Pay Commission, in order to meet the rising expenses of essential commodities and inflation, dearness allowance is given twice every year to the central government employees – from January to June and from July to December – calculated on the basis of the All India Consumer Price Index of Industrial Workers Base Year 2001=100.
The most recently released AICPIN points for the month of June have increased by two and now stands at 246. Since the AICPIN points have increased by two, the dearness allowance percentage arrived at 107.25, is to be calculated, after ignoring the decimal points, as 7%. This will be officially announced by the Central Government after approval of Unionn Cabinet committee in the month of September.
The last two installments, 10% dearness allowance was being paid to the employees. Many wonder why it has come down to 7% this time. There are two main reasons for this, one is AICPIN points, and another is the method of calculating DA. One has to also keep in mind the fact that dearness allowance of 10% was also given based on the same calculations.
The fact is, the next two additional dearness allowances (Expected DA from January 2015, and expected DA from July 2015) are not likely to cross 5%.
Source : CGEN.in
Job Profile of POSTAL ASSISTANT
Postal Assistants are the back born of India Post and the nature of work assigned to them spreads over long hours besides shouldering heavy responsibilities including monetary and non-monetary transactions. Postal Assistant is the main functionary in the Postal Network and translates the policies and planning into practice.
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