Tuesday 23 July 2013
Monday 22 July 2013
PROMOTION AND POSTING TO THE GRADE OF MEMBER, POSTAL SERVICES
BOARD, INDIAN POSTAL SERVICE, GROUP’A’: MEMBER (HRD) (Click the link below for
details)
PROMOTION AND POSTING TO THE GRADE OF MEMBER, POSTAL SERVICES
BOARD, INDIAN POSTAL SERVICE, GROUP’A’: MEMBER (PLANNING)(Click the link below for
details)
GOVERNMENT ALLOTS RS 1,300 CR TO POST BANK
NEW DELHI: The expenditure department has decided to
sanction Rs 1,300 crore to the proposed Post Bank of India to meet its capital
requirements even as the department of financial services (DFS) - the wing in
the finance ministry that deals with
state-run banks and their poliiies - chose to stay away from the issue.
The proposal's
backing by the expenditure finance commission and its subsequent
green light by finance minister P Chidambaram is seen as the official
go-ahead by the finance ministry, ignoring the DFS's stance. The DFS position
is seen as the first instance of the agency not backing the Post Bank's plan,
which officers in the department have privately mocked at
"They
think they can use the postal deposit model for their banking foray. Nothing in
their plan seems to be clear. Banking isn't easy," said an officer, who
did not wish to be identified. In fact, a strong Post Bank is seen to be the
biggest challenge to existing public sector banks, including State Bank of
India, which controls 70% of the banking business in the country. SBI, the
largest lender, has a little less than 15,000 branches, while there are over
1.5 lakh post offices across the country.
Although Post Bank does not intend to open a bank branch in each post office, the plan is to use postmen to meet the financial inclusion goal. Secretary (posts) P Gopinath refused to speak to TOI despite several attempts.
According to the plan, Post Bank will have 50 branches in the first year, which will be increased to 150 by the fifth year. The branches will be located in select Head Post Offices in Tier-1-4 centres and select Sub-Post Offices in Tier-5-6 centres.
To meet RBI norms, the postal department proposes to set up a new entity - Post Bank of India - that will have an independent board and separate operations. Apart from independent directors, the board will have representatives from the finance ministry and the postal department. Separate recruitment has been planned to have specialist bankers.
While converting the entire postal network would have meant a capital requirement of over Rs 60,000 crore, by setting up a special entity, the fund requirement has been reduced. This, officers said, will also help create a more focused strategy.
Source
: THE TIMES OF INDIA dated 22/07/2013
Saturday 20 July 2013
NFPE WESTERN
ZONE STUDY CAMP – DATES CHANGED
The dates of the NFPE Western
Zone Study Camp to be held at Pushkar (Rajasthan) on 22nd and 23rd
August 2013 IS CHANGED TO 25TH
& 26TH AUGUST 2013 (as JCM Departmental Council Standing
Committee is scheduled to be held on 23rd) Delegates from all
affiliated Unions of NFPE from Rajasthan, Delhi, Himachal Pradesh, Haryana,
Punjab and Jammu & Kashmir Circles shall attend the two days camp. Detailed
circular showing number of delegates etc will be issued within two days. PLEASE NOTE THE CHANGE IN DATES.
(M. Krishnan)
Secretary General
NFPE
DISCUSSION ON JCA CHARTER OF DEMANDS WITH SECRETARY, DEPARTMENT OF POSTS ON 02.08.2013
No.8/4/2013-SR
Government of India
Ministry of Communications & IT
Department of Posts
(S.R. Section)
Dak Bhavan, Sansad Marg
New Delhi, Dated the 18/07/2013
Meeting Notice
Postal Joint Council of Action
comprising of NFPE and FNPO had submitted a memorandum on 01/04/2013 on the
pending problems of Postal and RMS employees. A status note duly approved
by Secretary (Posts) was sent to both the federations.
It has now been decided to convene a meeting to discuss the
issues raised in the memorandum under the chairpersonship of Secretary (Posts)
on 02/08/2013 at 1100 hrs. in the Committee Room, Dak Bhavan.
You are requested to kindly make it convenient to attend the meeting.
-Sd-
(Arun Malik)
Director (SR & Legal)
Friday 19 July 2013
Proposed meetings at Dircetorate
- Discussion on JCA memorandum (NFPE & FNPO) with Secretary ,Posts likely to be on 2nd August 2013.
- JCM(DC) Standing Committee meeting for discussing progress on pending items on 23rd August 2013.
- JCM(DC) meeting for discussing new items likely in September 2013
Thursday 18 July 2013
Central Sector Scholarship Scheme of ‘Top Class Education’ for Scheduled Tribe students
The Union Cabinet today gave
its approval to increase the total family income ceiling under the central
sector scholarship scheme of “Top Class Education” for Scheduled
Tribe (ST) students” from the existing Rs. 2 lakh to Rs.
4.50 lakh per annum, with effect from the selection year 2013-14.
The enhancement of the
ceiling of the annual total family income from all sources will enable larger
number of ST students avail benefits of the scheme. This will also
act as a major incentive for ST students pursuing higher and technical
education.
The decision does not entail
any additional burden. The expenditure on account of revision of the scheme
would be met under the existing budget allocation for each year.
Background :
The Central Sector scholarship scheme of “Top Class Education”
for ST students’ was approved by the Cabinet in its
meeting held in May 2007 and came into force with effect from
2007-08. The objective of the scheme is to provide adequate financial
support to ST students for pursuing professional education in selected premier
institutions of the country.
No comments:
Post a Comment