No.13015/1/2011-Estt. ( Leave)


                                                            Government of India
                                           Ministry of Personnel. P.O. and Pensions
                                             (Department of Personnel & Training)
                                                                                                    
                                                                                              New Delhi. the 19th October, 2011



                                                             Office Memorandum

Sub: Commuted Leave to a Government Servant who has opted out of CGHS facilities and is availing the medical facility provided by the employer of his / her spouse - clarification.

This Department has been receiving references from various Ministries Departments seeking clarification regarding admissibility of Commuted Leave on the basis of medical certificates issued by Hospitals/Medical Practitioners approved

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India Post's ATM plan hit RBI hurdle..


India Post's plan to set up automated teller machines (ATMs) in its post offices may fail to impress the banking regulator.

India Post is in talks with the Reserve Bank of India (RBI) to set up ATMs. However, since according to norms, only banks are allowed to set up ATMs, the central bank is not in favour of allowing India Post to set up ATMs. According to sources in the banking industry, if India Post set up ATMs, they should fall under the RBI's purview for regulation purposes.

India Post has proposed to set up a subsidiary, Post Bank of India, for providing banking facilities. It has also identified nearly 1,000 post offices, out of its 1.5 lakh post offices, where the ATMs would be initially set up.The sources said though RBI is uncomfortable with the idea of India Post setting up ATMs, it is yet to formally communicate its apprehensions to the department of post.

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Finance ministry pushes for increase in PPF, post office rates:




NEW DELHI: Faced with a cash crunch, the finance ministry is moving a proposal to increase interest rates on small savings schemes such as Public Provident Fund and post office deposits but politics may play spoilsport.

Official sources told TOI that finance minister Pranab Mukherjee will decide on the proposal over the next few days as small savings instruments have lost out to bank deposits that earn higher interest. As a result, the government has been forced to borrow Rs 53,000 crore more from the market by issuing bonds, a move that can increase interest rates further and also upset budgetary calculations.

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Point Of Sale Pincode Updation Version 2.0

Whenever the Pincode details are updated a revised file will be kept in the ftp site (ftp.ptcinfo.org). The text file can be downloaded and it should be copied to the application installation folder of Point Of Sale Pincode Updation. Then the Point Of Sale Pincode Updation.exe can be run to update the latest pincodes.  

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