General Body meeting of All India Association of Inspectors and Assistant Superintendent, Posts, West Bengal Circle will be held at Barabazar HO on 5th November 2017 (Sunday) at 10.00 A.M. to discuss various issues related to IP cadre.
Sunday, October 29, 2017
DPC : JTS Gr. A for the year 2016-17 updates.....
In response to RTI application dated 26-9-2017 made by Mr. Jayantha Kumar M. of Karnataka, reply given by Directorate under Memo No. 24-71/2017-SPG dated 25-10-2017 is as under.
1) Last JTS Gr. A DPC was held on 17-12-2015 for 36 vacancies.
2) 12 IPoS candidates joined in JTS Gr. A cadre against the vacancies of 2016 and they are undergoing required training at RAKNPA Ghaziabad.
3) 23 vacancies for promotion through DPC for JTS Gr. A cadre are declared for the year 2016-17. Vacancies for the year 2017-18 are not calculated.
4) JTS Gr. A DPC is pending in view of non finalization of matter of reservation in promotion and treatment of SC/ST candidates promoted on their own merit in CP (C) No. 314/2016 in SLP (C) No. 4831/2012-Samta Andolan Samiti through its President Vs Sanjay Kothari & others.
Saturday, October 28, 2017
Association is participating in 30th PSI World Congress at Geneva (Switzerland)
PSI is a global trade union
federation representing 20 million working women and men who deliver vital
public services in 150 countries. It defends human rights and social justice
and promotes universal access to quality public services. PSI works with the
United Nations system and in partnership with labour, civil society and other
organizations.
PSI and SSP has invited to our
Association’s General Secretary, Vilas Ingale to participate in PSI’s World
Congress to be held from 30th October to 3rd November
2017 in Geneva (Switzerland). He has accepted
the invitation and going to attend the 30th World Congress.
Our all old members are aware
that Mr. Samuel, Ex-GS has taken initiative and made affiliation of our
Association with PSI and since then we are associated with them and we are
actively taking part in each event.
Thursday, October 26, 2017
Postal dept ready to deliver traffic e-challans by speed post
Mumbai,
Oct 25 (PTI) : The Maharashtra and Goa circle of the postal department has
expressed willingness to deliver e-challans to traffic offenders by speed post.
The
department has written a letter to the Mumbai Traffic Police as well as the
state government in this regard, an official said.
The
traffic police had been sending e-challans to motorists for violating norms
through SMS. However, this system is reportedly not working well as e-challans
are not getting delivered properly because of frequent change in mobile phone
numbers of offenders.
"Therefore,
we have come forward and written to the traffic police as well as the state
government to let us deliver e-challans to their (offenders') doorstep through
our speed-post service.
"The
violators can deposit challan amount in the nearest post office through
e-payment mode of the department," said H C Agrawal, Chief Post Master
General (CPMG) of the Maharashtra and Goa Circle.
But
this move (delivering e-challans through speed post) will put additional
financial burden on the police department's budget. Therefore, the traffic
police alone will not be able to go ahead with the proposal," Agrawal
said.
The
official suggested that to overcome the financial burden, the speed post cost
could be recovered from offenders themselves.
If
e-challans are printed and delivered at violators address with an
acknowledgement receipt, it will ensure offenders pay the fine and police get
their rightful revenue, he said, "this will also sending a message to
motorists to follow traffic rules." With a view to digitise the entire
process of recovering fines from road rule violators, the Mumbai traffic
police, in January this year, launched e-challan system.
It
set up CCTV cameras across the city to monitor traffic violations. Whenever a
motorist broke traffic rules, his/her vehicles number was captured on CCTV
cameras.
Later,
an SMS was sent about fine to be paid after obtaining the offender's mobile
phone registered with the RTO.
According
to figures, on an average 5,000 e-challans are issued daily in Mumbai, mostly
for over-speeding, signal jumping, not wearing helmets, triple-riding on two
wheelers, talking on phone while driving, driving without seat belts and
overstepping at zebra crossings.
Source
: http://www.newindianexpress.com
Wednesday, October 25, 2017
Philatelic Seminar at Mumbai - 2nd December 2017.
The
Royal Philatelic Society London has organized Philatelic Seminar on 2nd
December during INPEX 2017 covering the philatelic subjects of Traditional
Philately, Postal History, Thematic Philately and Postal Stationery.
The
Speakers are Brian Trotter RDP FRPSL, UK (Traditional Philately), James Mazepa
RDP FRPSL, USA (Postal History), Jari Majander, Finland (Thematic Philately),
Ajeet Singhee, India (Postal Stationery) and Steven Zwillinger, USA (Exhibiting
Techniques)
Date & Time: 2nd Dec 2017 (Saturday) 9 am to 5 pm
Venue
: Hotel Taj President-Mumbai (3 minutes walk from World Trade Center)
Fee
: Rs. 2000 (includes Lunch & Tea)
Every
participant will receive free copy of Indian Princely States Stamps and Postal
History by Sandeep Jaiswal & Steven Zwillinger. (Normal Price Rs.
1300/-)
Contact for more information: indiarpsl@gmail.com
Commemorative Stamp on 3 Kumaon (Rifles) – 23rd October 2017.
The
Kumaon Regiment is one of the most decorated infantry regiments of the Indian
Army. The regiment traces its origins to the 18th century and has fought in
every major campaign of the British Indian Army and the Indian Army, including
the two world wars. Kumaon gets its recruits from Kumaonis of Kumaon division
and Ahirs from the plains.
During
World War I, a Kumaon Battalion was raised at Ranikhet on 23 October 1917 as
4/39th Kumaon Rifles. In 1918, it was redesignated as 1st Battalion, 50th
Kumaon Rifles and a second battalion was raised. These were merged with the Hyderabad
Contingent into the 19th Hyderabad Regiment in 1923. The first battalion of the
50th Kumaon Rifles survived to become the 1st Kumaon Rifles, and is today the
3rd Battalion, Kumaon Regiment (Rifles) of the Indian Army.
3
Kumaon Rifles Regiment Celebrated 100th Raising Day on 23rd October 2017. On
this occasion a commemorative stamp was released by Department of Posts.
Commemorative Stamps on Chhatrapati Shivaji International Airport – 15th October 2017.
Chhatrapati
Shivaji International Airport formerly known as Sahar International Airport, is
the primary international airport serving the Mumbai. It is the second busiest
airport in the country in terms of total and international passenger traffic
after Delhi, and was the 14th busiest airport in Asia and 29th busiest airport
in the world by passenger traffic in calendar year 2016 handling over 44.68 million
passengers. The airport is the second busiest in the country in terms of cargo
traffic also. In March 2017, the airport overtook London's Gatwick Airport as
the world's busiest airport in terms of single runway operations. The airport
has three operating terminals spread over an operational area of 1,850 acres
and handles about 850 aircraft movements per day. It handled record 51
movements in one hour on 16 September 2014. It won the 2015 ASQ Best Airport
Award in the 25-40 million passengers per annum category by Airports Council
International. It has also won the "Best Airport in India and Central
Asia" award at the Skytrax 2016 World Airport Awards. It is one of the
three airports in India to have implemented Airport Collaborative Decision
Making (A-CDM) to ensure timely takeoffs and landings.
Two
Commemorative Stamps and a Miniature Sheet were released on 75 years on
Chhatrapati Shivaji International Airport by Shri Harish C. Agrawal, Chief
Postmaster General Maharashtra circle on 15th October 2017. The event was
organised in the memory of the Late JRD Tata, who on October 15, 1932, piloted
the first flight of Tata Air Services from Karachi to Mumbai via Ahmedabad
carrying airmail.
Commemorative Stamp on Nanaji Deshmukh – 11th October 2017.
Chandikadas
Amritrao Deshmukh also known as Nanaji Deshmukh (b. 11 October 1916 – d. 27
February 2010) was a social activist from India. He worked in the fields of
education, health, and rural self-reliance, and has been honoured with the
Padma Vibhushan by the Government of India. He was a leader of the Bharatiya
Jana Sangh and also a member of the Rajya Sabha. Deshmukh became inspired by
Lokamanya Tilak and his nationalist ideology, as well as showing an acquired
interest in social service and activities. His family was in close contact with
Dr. Keshav Baliram Hedgewar who was a regular visitor to Deshmukh's family. He
could discern potential in Nanaji and encouraged him to attend RSS shakhas.
The
Prime Minister, Shri Narendra Modi releasd the commemorative postage stamp on
Nanaji Deshmukh, on his Birth Centenary Celebrations at IARI, in New Delhi on
11th October 2017. The Union Minister for Agriculture and Farmers Welfare, Shri
Radha Mohan Singh, the Union Minister for Rural Development, Panchayati Raj and
Mines, Shri Narendra Singh Tomar, the Minister of State for Agriculture &
Farmers Welfare and Panchayati Raj, Shri Parshottam Rupala and the Minister of
State for Rural Development, Shri Ram Kripal Yadav were also present on the
occasion.
7th Pay Commission – Revision of rate of Training Allowance.
No.13024/01/2016-Trg.Ref.
Government of
India
Ministry of Personnel, Public Grievances & Pensions
Department of Personnel and Training
[Training Division (IST/IIPA)]
Ministry of Personnel, Public Grievances & Pensions
Department of Personnel and Training
[Training Division (IST/IIPA)]
Block-4, Old JNU
Campus
New Mehrauli Road, New Delhi-67
Dated: October 24,2017
New Mehrauli Road, New Delhi-67
Dated: October 24,2017
OFFICE MEMORANDUM
Subject: Implementation of
Government’s decision on the recommendations of the Seventh Pay Commission –
Revision of rate of Training Allowance.
Consequent upon the acceptance
of the recommendations of the Seventh Central Pay Commission (CPC) by the
Government conveyed vide Ministry of Finance, Department of Expenditure
Resolution No. 11-1/2016-IC dated July 6, 2017, the President is pleased to
decide that the Training Allowance in Training Academies and Institutes shall
be regulated in the following manner:-
(i) Training Allowance
In the National/Central
Training Academies and Institutes for Group’ A’ officers
|
24% of Basic Pay
|
In other Training
Establishments
|
12% of Basic Pay
|
(ii) Training Allowance will
be admissible only to the employees who join the training establishments for a
specified period of time and are then likely to go back.
(iii) Training Allowance will
not be admissible to those employees who are directly recruited by such
training establishments for imparting training.
2.The revised rates of
training allowance shall be admissible with effect from the 1st July, 2017.
3.In so far as the employees
working in the Indian Audit and Accounts Department are concerned, these orders
are issued with the concurrence ofthe Comptroller and Auditor General.
4.Hindi version will follow.
Sd/-
(Biswajit Banerjee)
(Biswajit Banerjee)
Under Secretary to the Government
of India
GPF interest rate wef 1st October, 2017 to 31st December, 2017.
The Government of India
has announced that during the Financial Year 2017-18, accumulations
at the credit of subscribers to the General Provident Fund (GPF) and other
similar funds shall carry interest at the rate of 7.8% (Seven point eight
per cent) with effect from 1st October, 2017 to 31st December, 2017. This rate
will be in force w.e.f. 1st October, 2017.
The Notification to
this effect has been issued and published in the Gazette of India on 23rd
October, 2017.
Tuesday, October 24, 2017
Up-gradation of Grade Pay of Inspector of Posts w.e.f. 01-01-2006
GOOD NEWS
TO ALL MEMBERS
ASSOCIATION WON THE BATTLE
THANKS TO ALL MEMBERS FOR THEIR ENDURANCE
Today, I am very very happy for getting the orders in our favour.
Thanks to all Circle Secretaries and Members who donated the money to strengthen the CHQ fund. This is result of unity.
Waiting same outcome in cadre restructuring proposal.
Yours friend,
Vilas Ingale
General Secretary
Thanks to all Circle Secretaries and Members who donated the money to strengthen the CHQ fund. This is result of unity.
Waiting same outcome in cadre restructuring proposal.
Yours friend,
Vilas Ingale
General Secretary
...............................................................................................................
Copy of judgement delivered by Hon'ble CAT Ernakulam Bench on 15/10/2015 is placed below for the information to the members.
The copy of reply filed by DOP on behalf of MoF on 22/12/2016is as under :
DEPARTMENT OF POSTS ISSUED ORDERS REJECTING DEMAND OF GP OF Rs. 4600/- to IPs FROM 1-1-2016
Monday, October 23, 2017
GRAMIN DAK SEVAK ISSUE IN LOK SABHA – 22-03-2017
GOVERNMENT OF INDIA
MINISTRY OF COMMUNICATIONS
DEPARTMENT OF POSTS
LOK SABHA
MINISTRY OF COMMUNICATIONS
DEPARTMENT OF POSTS
LOK SABHA
UNSTARRED QUESTION NO.3450
TO BE ANSWERED ON 22ND MARCH, 2017
GRAMEEN DAK SEVAKS
3450.
SHRI RAHUL KASWAN:
SHRI RAMESH BIDHURI:
SHRI BALABHADRA MAJHI:
SHRI TAMRADHWAJ SAHU:
SHRI RAMESH BIDHURI:
SHRI BALABHADRA MAJHI:
SHRI TAMRADHWAJ SAHU:
Will the Minister of COMMUNICATIONS
be pleased to state:
(a) the total number of postal
circles in the country and the number of GPOs, SPOs and EDBOs functioning under
these circles along with number of these post offices located in rural and urban
regions separately;
(b) the number of post offices
manned by Grameen Dak Sevaks (GDSs) State/UT-wise along with the details about
the monthly salary of the GDS;
(c) whether Grameen Dak Sevaks
(GDSs) are eligible for pension like other Government employees and if not, the
reasons therefor;
(d) whether Government is
contemplating to constitute any Committee to look into the salary structure and
other service matters of Grameen Dak Sevaks and if so, the details thereof;
(e) whether the said committee has
submitted its said report and if so, the salient features of the said report;
and
(f) the time by which it is likely
to be implemented?
ANSWER
THE MINISTER OF STATE (IC) OF THE
MINISTRY OF COMMUNICATIONS & MINISTER OF STATE IN THE MINISTRY OF RAILWAYS
(SHRI MANOJ SINHA)
(a) Madam, the total number of
Postal Circles in the country is 23. The total number of GPOs is 24, the total
number of Sub Post Offices (SPOs) is 24753, the total number of Extra Departmental
Branch Offices (EDBOs) is 129346. The details of these post offices rural and
urban regions wise is enclosed at Annexure-I.
(b) The number of post offices which
are manned by Gramin Dak Sewaks (GDS) is given in the Annexure-II. Details of
the monthly wages admissible to various categories of Gramin Dak Sewaks are
given in the Annexure-III.
(c) No, Madam. The legal status of
the Gramin Dak Sevaks as held in 1977 by Apex Court is that they are holders of
the civil posts outside the regular civil service. Being a distinct and
separate category, CCS (Pension) Rules, 1972 are not applicable in the case of
Gramin Dak Sevaks (GDS).
(d) Yes, Madam. To examine the
system of Branch Post Offices, engagement conditions, existing structure of
allowances and all other welfare issues pertaining to Gramin Dak Sevaks, a
one-man Committee under the Chairmanship of Shri Kamlesh Chandra, Retired
Member Postal Services Board was set up.
(e) Yes, Madam. The committee has
submitted its report. The salient feature of the report is given in the
Annexure-IV.
(f) The recommendations of the
committee are being examined by the Department of Posts. No timeline is
specified to implement the recommendations of the Committee.
Annexure-IV : Salient features of the GDS Report
Source: Confederation
Retirement in the month of October 2017
Following officers are retiring from
Govt. service on superannuation on 31/10/2017.
|
S.No.
|
Name
of officer S/Shri
|
Circle
|
|
1
|
Ponnuru
Vishvanandan
|
Andhra
Pradesh
|
|
2
|
Babulal
Meena
|
Rajasthan
|
|
3
|
K
Selvaraj-II
|
Tamil Nadu
|
|
4
|
P
Parisudha Rao
|
Andhra Pradesh
|
CHQ
is wishing them happy, healthy and peaceful retired life.
Atal Pension Yojana : Still Scope for increasing pension coverage
16-October-2017 16:57 IST
Over 69 lacs subscribers join Atal
Pension Yojana with contribution of Rs. 2690 crores
Secretary DFS: Still Scope for increasing pension coverage
Secretary DFS: Still Scope for increasing pension coverage
Atal
Pension Yojana currently has over 69 lacs subscribers with contribution of Rs.
2690.00 crores. Chairman, PFRDA Shri Hemant G Contractor however emphasised the
need of increasing the pension coverage in India at a recently concluded
conference on Atal Pension Yojana. The conference organised by Pension Fund
Regulatory and Development Authority (PFRDA) in the national capital saw
participation from all major banks, representatives from NPCI, SCHIL, SIDBI,
Access Assist and some major MFIs.
A
large section of the society still does not have access to pensions and this is
a cause of concern for PFRDA and Government, Shri Contactor said.
Congratulating the winners of the contest organised by PFRDA the Chairman said
that APY has made progress in covering the intended subscribers but much remains
to be done. He mentioned that on an average, a little less than 2% of the
eligible population is covered under APY and hence a lot has to be done to
provide people a regular access to old age income. He also touched upon the
issues of persistence in the APY accounts and asserted that the objective of
the scheme is to provide pension and this will only happen if the contribution
in the account has been regularly paid. He urged the APY Service Providers to
educate the subscribers on the importance of the same. He also urged upon the
APY Service Providers i.e Banks and Post Offices under Department of Post to
achieve the targets allocated by government by putting in their best efforts.
A
video message of Shri Rajiv Kumar, Secretary DFS was played during the
occasion. Shri Rajiv Kumar mentioned that Atal Pension Yojana is flagship
program of the Government of India under financial inclusion and financial
security. The pension coverage in this country is at around 12% and banks and
other stakeholder need to work towards greater coverage under the scheme. He
also said that DFS is monitoring the progress under the scheme and targets
allocated under the scheme to banks should be accomplished. He touched upon the
subject of providing a digital platform for APY by PFRDA i.e e-APY. Secretary
Shri Rajiv Kumar congratulated the banks on their performance under the
campaigns and urged them to continue the work.
While
the government has a pension scheme for the BPL persons but the amount is
meagre and is not sufficient for old age needs. 9% of the population of India,
i.e 110 million people are over 60 years and by 2030 this figure is expected to
cross 180 million. The 60 plus age groups is the fastest growing demographic in
the country. With increase in longevity of the people, disintegration of the
joint family system in India and inflation, there is greater need for old age
than ever before. Currently pension benefits are available India basically to
the organised sector. Atal Pension Yojana introduced in 2015 by Government of
India provides a self- contributory savings pension scheme with guaranteed
pension of Rs. 1,000/- to Rs. 5,000/- with a very low contribution by the
subscriber. All banks and Department of Post have pushed the product to the
interiors of the country. APY has option for increasing the pension amount from
Rs. 1000/- to any other amount up to Rs. 5000/- as per the savings capacity of
the subscriber, and further allows the spouse to continue the account in the
event of the death of the subscriber before the age of sixty years. PFRDA has
also been engaging with various State Governments for providing co-contribution
under the scheme. With the introduction of e-APY through Aadhaar, the banks
will be able to effectively utilise the digital platform for greater
coverage.
PMLA: Banks to now match original IDs with photocopies
The Government has made it mandatory for banks and financial institutions to check the original identification documents of individuals dealing in cash above the prescribed threshold, to weed out the use of forged or fake copies.
The Department of Revenue in the Finance Ministry has issued a gazette notification making an amendment to the Prevention of Money-laundering (Maintenance of Records) Rules.
The new rule now requires the reporting entity to compare "the copy of officially valid (identification) document so produced by the client with the original and recording the same on the copy".
The Prevention of Money Laundering Act (PMLA) forms the core of the legal framework put in place by India to combat money laundering and generation of black money.
The PMLA and its rules impose obligation on reporting entities like banks, financial institutions and intermediaries to verify identity of clients, maintain records and furnish information to Financial Intelligence Unit of India (FIU-IND).
As per Rule 9, every reporting entity shall at the time of commencement of an account-based relationship, identify its clients, verify their identity and obtain information on the purpose and intended nature of the business relationship.
Intermediaries like stock broker, chit fund company, cooperative bank, housing finance institution and non-banking finance companies are also classified as reporting entities.
Biometric identification number Aadhaar and other official documents are required to be obtained by the reporting entities from anyone opening a bank account as well as for any financial transaction of Rs 50,000 and above.
The same is also required for all cash dealing of more than Rs 10 lakh or its equivalent in foreign currency, cash transactions where forged or counterfeit currency notes have been used and all suspicious transactions.
All cross border wire transfers of more than Rs 5 lakh in foreign currency and purchase and sale of immovable property valued at Rs 50 lakh or more also fall under this category, according to the reporting rules.
The Gazette notification said in case the officially valid document furnished does not contain updated address, a utility bill like electricity, telephone, post-paid mobile phone, piped gas or water bill which is not more than two months old can be considered as a proof of address.
Also, property or municipal tax receipt, pension or family pension payment orders issued to retired employees by Government departments, or letter of allotment of accommodation from employer can be considered for the same purpose.
Source:-The Economic Times
Linking your bank account with Aadhaar is mandatory, here's what happens if you don't
Turns
out you have to link your bank account with Aadhaar after all. The Reserve Bank
of India on Saturday stepped in to strike down news reports that claimed,
quoting an RTI reply, it was not necessary to link the 12-digit biometric
identification number with bank accounts, saying the directive remained in
force under anti-money laundering rules.
So,
the December 31 deadline stays put for now. "The Reserve Bank clarifies
that, in applicable cases, linkage of Aadhaar number to bank account is
mandatory under the Prevention of Money-laundering (Maintenance of Records)
Second Amendment Rules, 2017 published in the Official Gazette on June 1,
2017," the central bank said a notification.
Earlier
this year, the government had made it mandatory to link bank accounts with
Aadhaar. Accounts that are not linked will cease to become operational, it
said.
To
comply with the finance ministry directive, banks have already started asking
for Aadhaar while opening new accounts and have been giving constant reminders
to those who still haven't linked their accounts with the number.
So
considering that the rule to make Aadhaar mandatory for opening new accounts
has already been enforced by banks, it would appear that as per current
situation, existing account holders will not be given an exemption. Hence, if
the government has its way, bank accounts not linked to Aadhaar will cease
to become operational. Blocking of one's savings account will obviously lead to
huge inconvenience and may well put a stop to your financial life. You don't
want to stuck in a situation where your salary is not getting credited to your
bank account, you cannot withdraw cash at ATMs, or even swipe your card.
So
make sure you seed your bank account with Aadhaar before the December 31
deadline.
What
happens if I don't and my account gets cancelled?
Well,
you can re-activate your account by submitting the required documents and
linking it with Aadhaar. According to the finance ministry directive,
"Provided that in case client already having an account based relationship
with reporting entities prior to date of this notification fails to submit the
Aadhaar number and Permanent Account Number by 31st December, 2017, the
said account shall cease to be operational till the time the Aadhaar number and
Permanent Account Number is submitted by the client." However, there is no
mention on how long it will take to retrieve your bank account once it becomes
inoperable.
Here's
a step-by-step guide to check whether your Aadhaar has been linked with your
bank account.
1. Visit
the Aadhaar website - www.uidai.gov.in
2. Click
on 'Check Aadhaar & Bank Account Linking Status'
3. Enter
your Aadhaar number and security code. Once submitted, an OTP will be sent to
your mobile number registered in the Aadhaar database.
4. Enter
the OTP and click on 'Login'
5. On
successful login, the website shows whether your Aadhaar number is successfully
mapped or not.
You
can also check using your mobile phone.
1. Dial
*99*99*1# 2.
Enter
your 12 digit Aadhaar number
3. Confirm
that the digits entered by you is correct
4. On
confirmation, it will show you the bank account linked with Aadhaar
Points
to remember
1. It
will only show you the last bank account that has been linked with your
Aadhaar.
2. If
you have multiple bank accounts, you will have to check the status of the same
with the bank.
3. You
will be able to use this service only if your mobile number is linked to your
Aadhaar.
Exemption
has been given only to small accounts
Not
all types of bank accounts will become un-operational if they are not linked
with Aadhaar before the deadline. Small accounts are exempt from this directive
as these can be opened even without Aadhaar.
Source:-The
Economic Times
NAC meeting this month, likely to recommend hike in minimum pay and fitment factor
The
National Anomaly Committee is set to meet to discuss the hike in pay
beyond the 7th Pay Commission. The meeting that was scheduled to be held on
October 7 was postponed and now the matter is expected to be taken up anytime before
the end of this month. The NAC is meeting to decide on the proposal to hike the
basic minimum pay for Central Government employees. Although
no official date has been given, sources say that the NAC is making
all necessary arrangements to meet this month itself.
Declaration of result of PS Gr. B for the year 2012-2016
Till there are number of court cases pending at various courts/CAT in the country and therefore result is further delayed.
LDCE for promotion to the cadre of Inspector Posts (66.66%) departmental quota for the year 2016-2017
It is learnt that vendor is yet not finalized by the Directorate to conduct LDCE for promotion to the cadre of Inspector Posts (66.66%) departmental quota for the year 2016-2017.
In view of above there is no possibility of IPO examination in this calendar year.
Tuesday, October 17, 2017
Atal Pension Yojana : Still Scope for increasing pension coverage
Press Information Bureau
Government of India
Ministry of Finance
Government of India
Ministry of Finance
16-October-2017 16:57 IST
Over 69 lacs subscribers join Atal
Pension Yojana with contribution of Rs. 2690 crores
Secretary DFS: Still Scope for increasing pension coverage
Secretary DFS: Still Scope for increasing pension coverage
Atal
Pension Yojana currently has over 69 lacs subscribers with contribution of Rs.
2690.00 crores. Chairman, PFRDA Shri Hemant G Contractor however emphasised the
need of increasing the pension coverage in India at a recently concluded
conference on Atal Pension Yojana. The conference organised by Pension Fund
Regulatory and Development Authority (PFRDA) in the national capital saw
participation from all major banks, representatives from NPCI, SCHIL, SIDBI,
Access Assist and some major MFIs.
A
large section of the society still does not have access to pensions and this is
a cause of concern for PFRDA and Government, Shri Contactor said.
Congratulating the winners of the contest organised by PFRDA the Chairman said
that APY has made progress in covering the intended subscribers but much
remains to be done. He mentioned that on an average, a little less than 2% of
the eligible population is covered under APY and hence a lot has to be done to
provide people a regular access to old age income. He also touched upon the
issues of persistence in the APY accounts and asserted that the objective of
the scheme is to provide pension and this will only happen if the contribution
in the account has been regularly paid. He urged the APY Service Providers to
educate the subscribers on the importance of the same. He also urged upon the
APY Service Providers i.e Banks and Post Offices under Department of Post to
achieve the targets allocated by government by putting in their best efforts.
A
video message of Shri Rajiv Kumar, Secretary DFS was played during the
occasion. Shri Rajiv Kumar mentioned that Atal Pension Yojana is flagship
program of the Government of India under financial inclusion and financial
security. The pension coverage in this country is at around 12% and banks and
other stakeholder need to work towards greater coverage under the scheme. He
also said that DFS is monitoring the progress under the scheme and targets
allocated under the scheme to banks should be accomplished. He touched upon the
subject of providing a digital platform for APY by PFRDA i.e e-APY. Secretary
Shri Rajiv Kumar congratulated the banks on their performance under the
campaigns and urged them to continue the work.
While
the government has a pension scheme for the BPL persons but the amount is
meagre and is not sufficient for old age needs. 9% of the population of India,
i.e 110 million people are over 60 years and by 2030 this figure is expected to
cross 180 million. The 60 plus age groups is the fastest growing demographic in
the country. With increase in longevity of the people, disintegration of the
joint family system in India and inflation, there is greater need for old age
than ever before. Currently pension benefits are available India basically to
the organised sector. Atal Pension Yojana introduced in 2015 by Government of
India provides a self- contributory savings pension scheme with guaranteed
pension of Rs. 1,000/- to Rs. 5,000/- with a very low contribution by the
subscriber. All banks and Department of Post have pushed the product to the
interiors of the country. APY has option for increasing the pension amount from
Rs. 1000/- to any other amount up to Rs. 5000/- as per the savings capacity of
the subscriber, and further allows the spouse to continue the account in the event
of the death of the subscriber before the age of sixty years. PFRDA has also
been engaging with various State Governments for providing co-contribution
under the scheme. With the introduction of e-APY through Aadhaar, the banks
will be able to effectively utilise the digital platform for greater
coverage.