Revision in Interest Rate of Small Saving Schemes
w.e.f 1st April 2014
w.e.f 1st April 2014
PRADHAN MANTRI SURAKSHA BIMA YOJANA
CHAPRA HEAD POST OFFICE, 841301.
PRADHAN MANTRI JEEVAN JYOTI YOJANA
CHAPRA HEAD POST OFFICE, 841301
PRADHAN MANTRI SURAKSHA BIMA YOJANA
PRADHAN MANTRI JEEVAN JYOTI YOJANA.
PRADHAN MANTRI SURAKSHA BIMA YOJANA
WELCOME PRADHAN MANTRI SURAKSHA BIMA YOJANA
PRADHAN MANTRI JEEVAN JYOTI YOJANA
Mobile No.........
Monday, 31 March 2014
Merger/de-merger of IPO /IRM cadre & Minimum working experience
Merger/de-merger of IPO /IRM cadre & Minimum working experience
Friday, 28 March 2014
Payment of Dearness Allowance to Central Government employees
Payment of Dearness Allowance to Central
Government employees
No. 1/1/2014-E-II (B)
Government of India Ministry of
Finance
North Block, New Delhi,
Dated: 27th March, 2014.
OFFICE MEMORANDUM
Subject: Payment of Dearness Allowance to Central Government employees –
Revised Rates effective from 1.1.2014.The undersigned is directed to refer to this Ministry’s Office Memorandum No. 1-8/2013-E-II (B) dated 25th September, 2013 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 90 % to 100 % with effect from 1st January, 2014.
2 The provisions contained in paras 3, 4 and 5 of this Ministry’s O.M. No. 1 (3)/2008-E-II(B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.
3 The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government employees.
4. The Payment of arrears of Dearness Allowance shall not be made before the date of disbursement of Salary of March 2014.
5. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In regard to Armed Forces personnel and Railway employees separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.
6. In so far as the persons serving in the Indian Audit and Accounts Department are concerned, these orders issue in consultation with the Comptroller and Auditor General of India.
Sd/-
Under Secretary to the Government of
India
Sunday, 16 March 2014
India Post opens 2 ATMs in Delhi;2800 more pan-India by Mar'15
India Post opens 2 ATMs in Delhi;2800 more pan-India by Mar'15
New Delhi:
Postal bank savings account holders in Delhi can now avail of ATM services as
India Post yesterday launched automated teller machines at two locations here.
The department will open 2,800 more such ATMs by March 2015 which is part of its core banking system (CBS) project.
The initiative is part of modernisation project under which around 1.6 lakh post offices will be equipped with core banking system by 2015, Communications and IT Minister Kapil Sibal said while launching ATM at ITO post office. The other ATM has been opened at Kashmere Gate PO.
Finance Minister P Chidambaram inaugurated the first ATM of India Post network in Chennai on Thursday.
"Its not a short journey. It will take time but we have started this journey. There will be about 2,800 ATMs installed by March 2015," Sibal said.
"Some people only talk about common man but we are among those who work for common man without making noise. This ATM is for 'Aam Aadmi' at a common man's post officer. This is a gift for Aam Aadmi and I congratulate Aam Aadmi," he said.
The department is issuing ATM cards to postal savings bank account holders through which they can withdraw money.
"The ATM will serve only Post Office customers for first 6-8 months. After that we will link it with ATMs of other banks. Thereafter customers of any bank will be able to withdraw money and our customer will be able to use other ATM," Delhi Circle Chief Post Master General Vasumitra said.
Delhi will get 86 more ATMs by the end of this month and around 600 by 2015.
India Post has connected about 64 lakh savings accounts across seven states - Delhi, Uttar Pradesh, Tamil Nadu, Karnataka, Maharashtra, Assam and Andhra Pradesh -- in select branches with CBS.
The department has also applied for banking licence.
"I am trying that Post Office should get a banking licence to serve common man in rural area. I will keep by struggle on for banking licence," Sibal said.
India Posts also announced linking of Postal Life Insurance service which has corpus of close to Rs 40,000 crore with CBS that will enable people to pay premium online, check status of their policy.
India Posts has plan to roll out core insurance solution like CBS at pan-India level under which it will integrate 810 insurance processing centres for faster claim settlement and after sales service.
Under the insurance project, 11,000 post offices will be migrated to new technology by September 2014 and about 14,000 post offices by March 2015.
The government has earmarked about Rs 5,000 crore for modernisation of post offices which also includes equipping all branches with real time banking facility using service of private companies.
The department will open 2,800 more such ATMs by March 2015 which is part of its core banking system (CBS) project.
The initiative is part of modernisation project under which around 1.6 lakh post offices will be equipped with core banking system by 2015, Communications and IT Minister Kapil Sibal said while launching ATM at ITO post office. The other ATM has been opened at Kashmere Gate PO.
Finance Minister P Chidambaram inaugurated the first ATM of India Post network in Chennai on Thursday.
"Its not a short journey. It will take time but we have started this journey. There will be about 2,800 ATMs installed by March 2015," Sibal said.
"Some people only talk about common man but we are among those who work for common man without making noise. This ATM is for 'Aam Aadmi' at a common man's post officer. This is a gift for Aam Aadmi and I congratulate Aam Aadmi," he said.
The department is issuing ATM cards to postal savings bank account holders through which they can withdraw money.
"The ATM will serve only Post Office customers for first 6-8 months. After that we will link it with ATMs of other banks. Thereafter customers of any bank will be able to withdraw money and our customer will be able to use other ATM," Delhi Circle Chief Post Master General Vasumitra said.
Delhi will get 86 more ATMs by the end of this month and around 600 by 2015.
India Post has connected about 64 lakh savings accounts across seven states - Delhi, Uttar Pradesh, Tamil Nadu, Karnataka, Maharashtra, Assam and Andhra Pradesh -- in select branches with CBS.
The department has also applied for banking licence.
"I am trying that Post Office should get a banking licence to serve common man in rural area. I will keep by struggle on for banking licence," Sibal said.
India Posts also announced linking of Postal Life Insurance service which has corpus of close to Rs 40,000 crore with CBS that will enable people to pay premium online, check status of their policy.
India Posts has plan to roll out core insurance solution like CBS at pan-India level under which it will integrate 810 insurance processing centres for faster claim settlement and after sales service.
Under the insurance project, 11,000 post offices will be migrated to new technology by September 2014 and about 14,000 post offices by March 2015.
The government has earmarked about Rs 5,000 crore for modernisation of post offices which also includes equipping all branches with real time banking facility using service of private companies.
