Search This Blog

Sunday, 24 July 2016

Hired employees will work in postal payment bank, not existing postal staffs.


India Post payments bank’s first chief may be an SBI executive

NEW DELHI: India Post Payments Bank, which is in a hurry to appoint a head, could get its first chief executive officer from the country’s largest lender State Bank of India (SBI).
The bank’s board comprising the CEO, chairperson, besides government nominees and five independent directors is expected to be in place by September.
India Post had written to top five government banks including SBI, Punjab National Bank and Bank of Baroda among others in identifying the chief.
Sources said that SBI chairman Arundhati Bhattacharya has already responded and proposed a name. However, at a later stage, the payments bank is likely to have a search and select committee in place for the appointment of a CEO.
“We are in a hurry to put everything in place as soon as possible, we sought suggestions from the top public sector banks to help us in finding a CEO,” SK Sinha, secretary, department of post, told HT.
The government set aside an initial corpus of ₹ 800 crore for the bank. While the bank will roll out 650 bank branches by September 2017, it will also use the 154,000 existing post offices to sell a host of its products and the new bank could hire about 2,000 people.

Thursday, 21 July 2016


The Finance Minister Statement On Multiplication Factor to be revised at least 3 - 7th Central Pay Commission

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

RAJYA SABHA

QUESTION NO 28 ANSWERED ON 19.07.2016

7th CENTRAL PAY COMMISSION RECOMMENDATIONS

Shri Neeraj Shekhar

Will the Minister of FINANCE be pleased to state :-

(a) whether Government has implemented the 7th Central Pay Commission recommendations;

(b) if so, the details thereof along with the date of notification thereof;

(c) whether increase in pay of Central Government Officials is historically low under 7th CPC; if so, the reasons thereof;

(d) whether employees unions/trade unions have announced to go on indefinite strike against the historically low revision of salaries by Government, if so, the response of Government thereto; and

(e) whether uniform multiplication factor of at least 3 is proposed to be applied for revision of pay under 7th CPC; if not, the reasons there for?

ANSWER

THE FINANCE MINISTER (SHRI ARUN JAITLEY)

A statement is being laid on the Table of the House

Statement Annexed with the Rajya Sabha Starred Question No. 28 for 19.07.2016 by Shri Neeraj Shekhar on 7th Central Pay Commission Recommendations

(a) & (b): The Government has decided to implement the recommendations of the 7th Central Pay Commission relating to pay, pension and related issues. The requisite notifications are being issued shortly.

(c) The increase in pay as recommended by the 7th Central Pay commission is based on the detailed deliberations by the Commission keeping in view all relevant factors having a bearing upon the prevailing circumstances

(d) Employee Associations of Central Government had given a call for strike with effect from 11.07.2016 which has since been deferred. However, the Government is responsive to the concerns of the Employees’ Association and it would be the endeavour of the Government to ensure that the eventuality of a strike does not arise.

(e) In view of the multiplication factor having been accepted based on the recommendations of the 7th Central Pay commission, no such proposal is under consideration of the Government, at present.

Source: Rajyasabha.nic.in

Wednesday, 20 July 2016

INFORMATION ABOUT CADRE RESTRUCTURING

            TODAY ON DATED 20.07.2016, COMRADE R.N. PARASHAR SECRETARY GENERAL NFPE MET SHRI S.K. DASHORA, DDG (ESTT) DEPARTMENT OF POSTS AT DAK BHAWAN, NEW DELHI AND ENQUIRED THE PROGRESS OF CADRE RESTRUCTURING FOR LEFT OUT CATEGORIES OF POSTAL DEPARTMENT.

          HE INTIMATED THAT THE PROPOSAL HAS ALREADY BEEN SUBMITTED TO DOP&T AND DOP&T HAS MADE SOME QUERIES FOR WHICH REPLY IS BEING SENT. AFTER BEING APPROVAL FROM DOP&T, THE PROPOSAL WILL BE SENT TO FINANCE MINISTRY FOR FINAL SANCTION.

          WE HOPE EARLY APPROVAL AND IMPLEMENTATION


RTP PRINCIPAL CAT CASE

Arguments were held in RTP Principal CAT case today (20.07.2016). The further argument will be held on next date i.e. 26.08.2016

Tuesday, 19 July 2016

Direct outsourcing of delivery works of Postal Department


India Post seeks services of students, unemployed for delivering goods

With online orders piling up, India Post is hiring students and the jobless to deliver goods, S.K. Sinha, secretary at the department of post, said on Thursday.

The department recently issued orders under which it can hire third-party persons, such as unemployed people and students, to pick up and deliver articles from post offices, with a 12% commission for every delivery.

“If you pick up about 10 orders of about 1 kg, you can earn Rs100-250 per day,” said Sinha, adding that the programme will also help generate employment. There’s an upper limit for how much commission you can earn.

The outsourcing will augment its parcel service and bring it at par with other private parcel services that offer to pick up orders from the customer’s location.

The postal department’s revenue from COD (cash on delivery) consignments from e-commerce majors surged to Rs.1,300 crore in the year ending March 2016, up from Rs.500 crore in 2014-15, and just Rs.100 crore in 2013-14.

E-commerce firms availing India Post’s services include all the major online portals such as Amazon India, Flipkart as well as Snapdeal.

The requirements to register for the program is an identification proof and reference from two prominent person known to the post office, after which the third party will be given a licence to deliver and pick up articles.

With e-commerce and financial services expected to take off, the department is expecting earnings from these services to help break even in the next 6-7 years.

India Post recorded a deficit of about Rs.6,000 crore for fiscal year 2015, a 14.4% increase from a year earlier.

The department is also looking at revenue from its online service, e-post office, which sells philately products as well as the newly launched bottled Gangajal, water from the river Ganga.

There is strong demand for Gangajal with almost all the stock sold out, added Sinha.

India Post has sold at least 4,000 bottles of Gangajal, considered holy by Hindus, from its post offices and online and has witnessed strong demand from southern states such as Tamil Nadu.

“While India Post doesn’t generate any profit from the Gangajal program, it does create a lot of goodwill for the department, which in turn can help attract users for its speed post and banking services,” Sinha said.

Source : Live Mint

100% salary is likely to be hiked of MPs, but for low paid employees only 14.29 % !


Prime Minister Narendra Modi will decide whether to sanction the changes or not. If he does, then Parliamentarians will take home a basic salary of One Lakh per month, instead of Rs, 50,000, besides other allowances.

Monday, 18 July 2016


90 days paid leave for central govt employees who are victims of sexual harassment

PTI| Sunday, July 17, 2016

Women central government employees who have filed complaints of sexual harassment can now get a paid leave of three months during the pendency of inquiry, the government has said.

The leave will be in addition to those already given to central government employees.

The move assumes significance as there have been complaints of accused trying to influence or threaten victims of sexual harassment in a few cases.

Leave up to a maximum of 90 days may be granted to an aggrieved female government servant during the pendency of inquiry, an order issued by Department of Personnel and Training (DoPT) said.