Interest Rates of Small Saving Schemes to be recalibrated w.e.f. 01.04.2016.

        Interest Rates of Small Saving Schemes to be recalibrated w.e.f. 1.4.2016 on a Quarterly Basis to align the small saving interest rates with the market rates of the relevant Government securities;

        Interest rate on savings schemes based on laudable Social Development or Social Security Goals including Sukanya Samriddhi Yojana, the Senior Citizen Savings Scheme and the Monthly Income Scheme left untouched by the Government. 

            The National Savings Schemes (NSSs) regulated by the Ministry of Finance offer complete security of investment combined with high attractive returns. These schemes also act as instruments of financial inclusion especially in the geographically inaccessible areas due to their implementation primarily through the Post Offices, which have reach far and wide. 

            The small savings interest rates are perceived to limit the banking sector’s ability to lower deposit rates in response to the monetary policy of the Reserve Bank of India.  In the context of easing the transmission of the lower interest rates in the economy, the Government also has to take a comprehensive view on the social goals of certain National Small Savings Schemes.  Accordingly, it has been decided that the following shall be implemented with effect from 1.4.2016 with regard to National Savings Schemes:

  1.  The Sukanya Samriddhi Yojana, the Senior Citizen Savings Scheme and the Monthly Income Scheme are savings schemes based on laudable social development or social security goals.  Hence, the interest rate and spread that these schemes enjoy over the G-sec rate of comparable maturity viz., of 75 bps, 100 bps and 25 bps respectively have been left untouched by the Government. 

 2.  Similarly the spread of 25 bps that long term instruments, such as the 5 yr Term Deposit, 5 year National Saving Certificates and Public Provident Fund (PPF) currently enjoy over G-Sec of comparable maturity, have been left untouched as these schemes are particularly relevant to the self-employed professional and salaried classes.  This will encourage long term savings.

 3.  The 25 bps spread that 1 yr., 2yr. and 3 yr. term deposits, KVPs and 5 yr Recurring Deposits have over comparable tenure Government securities, shall stand removed w.e.f. April 1, 2016 to make them closer in interest rates to the similar instruments of the banking sector.  This is expected to help the economy move to a lower overall interest rate regime eventually and thereby help all, particularly low-income and salaried classes.

4.  The interest rates of all small saving schemes would be recalibrated w.e.f. 1.4.2016 on a quarterly basis as given under, to align the small saving interest rates with the market rates of the relevant Government securities;

Sr. No.	Quarter for which rate of interest would be effective	Date on which the revision would be notified	Rate of interest to be based on FIMMDA month end G-Sec. rate pertaining to
1.	April to June	15th March	Dec.-Jan.-Feb.
2.	July to September	15th June	Mar.-Apr.-May.
3.	October to December	15th September	Jun.-Jul.-Aug.
4.	January to March	15th December	Sep.-Oct.-Nov.

      5.   The compounding of interest which is biannual in the case of 10 yr National Saving Certificate (discontinued since 20-12-2015), 5 yr National Saving Certificate and Kisan Vikas Patra, shall be done on an annual basis from 1.4.16.

     6.      Premature closure of PPF accounts shall be permitted in genuine cases, such as cases of serious ailment, higher education of children etc,. This shall be permitted with a penalty of 1% reduction in interest payable on the whole deposit and only for the accounts having completed five years from the date of opening.

7.    In pursuance to the decision as mentioned in Para 4 above, the rates of interest applicable on various small savings schemes for the quarter from April to June 2016 effective from 1.4.2016 would be notified in March, 2016.

            The above changes have been brought with the objective of making the operation of National Saving Schemes market-oriented in the interest of overall economic growth of the country, even while protecting their social objectives and promoting long term savings.

**********

DSM(PIB) 16.02.2016

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INDEFINITE STRIKE FROM 11th APRIL-2016. BE PREPARE FOR THAT.

INDEFINITE STRIKE FROM 11^th APRIL-2016

NJCA

National Joint Council of Action

4, State Entry Road, New Delhi – 110055

No.NJC/2015/7^th CPC                                                                              February 9, 2016

To

            All Constituents of NJCA

            Dear Comrade

            The NJCA met on 08.02.2016 as scheduled. The meeting after taking into account various factors decided that the proposed indefinite strike will commence from 11.04.2016 if no settlement is brought about on the charter of demands by that time. The meeting also took the following decisions.

1.    Strike notice will be served by the NJCA and all its constituents on 11.03.2016 by holding massive demonstration.

2.    There will be a massive Rally on 11.03.2016 at Delhi and leaders of NJCA will make it possible to attend the said rally and the strike notice will be served on Cabinet Secretary, Government of India.

3.    All the National JCA leaders will attend Rally at the State Capitals/big industrial centres during the month March and April, 2016. Dates will be finalised in consultation with the concerned State JCA.

4.    To strengthen the campaign, the NJCA will place on the website a pamphlet explaining the demands.

5.    Posters will be centrally designed and kept in the website for State JCAs and constituents to adopt.

6.    All Constituents will undertake independent campaign programmes in the month of March 2016 to popularize the demands.

7.    29^th March will be observed as solidarity day throughout the country unitedly by all the Constituents of NJCA.

8.    The indefinite strike will commence at 6 am on 11.04.2016.

9.    The updated Charter of Demands on which the indefinite strike is to be organized is enclosed.

10. The Constituent organizations may add sectional demands as Part B of the Charter of Demands of the NJCA

            The National JCA appeals all constituents to make intensive campaigns to make the strike an unprecedented success.

With greetings,

Yours fraternally,

(Shiva Gopal Mishra)

Convener

Charter of Demands

1.    Settle the issues raised by the NJCA on the recommendations of the 7 CPC sent to Cabinet Secretary vide letter dated 10^th December 2015

2.    Remove the injustice done in the assignment of pay scales to technical/safety categories etc. in Railways& Defence, different categories in other Central Govt establishments by the 7 CPC

3.    Scrap the PFRDA Act and NPS and grant Pension/family Pension to all CG employees under CCS (Pension) Rules, 1972 & Railways Pension Rules, 1993

4.    i) No privatization, /outsourcing/contractorisation of governmental functions

ii) Treat GDS as Civil Servants and extend proportional benefit on pension and allowances to the GDS

5.    No FDI in Railways & Defence; No corporatization of Defence Production Units and Postal Department.

6.    Fill up all vacant posts in the government departments, lift the ban on creation of posts; Regularise the casual/contract workers

7.    Remove ceiling on compassionate ground appointments

8.    Extend the benefit of Bonus Act,1965 amendment on enhancement of payment ceiling to the adhoc Bonus/PLB of Central Government employees with effect from the Financial year 2014-15

9.    Ensure Five promotions in the service career of an employee

10. Do not amend Labour Laws in the name of Labour Reforms which will take away the existing benefits to the workers

11. Revive JCM functioning at all levels

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GET READY FOR MEMBERSHIP VERIFICATION. SELECT AND ELECT AIPEU GDS (NFPE) AS THE NUMBER ONE RECOGNIZED UNION.

ALL INDIA POSTAL EMPLOYEES UNIONG GROUP ‘C’

      ALL INDIA POSTAL EMPLOYEES GDS (NFPE)

  (Central Head Quarters)

   2151/1, Dada Ghosh Bhawan, New Delhi – 110008

GET READY FOR MEMBERSHIP VERIFICATION

SELECT AND ELECT AIPEU GDS (NFPE) AS THE NUMBER ONE RECOGNIZED UNION

GIVE YOUR AUTHORIZATION FORMS IN FAVOUR OF AIPEU GDS (NFPE)

RECOGNIZED GDS UNION MISERABLY FAILED AND CHEATED 2.76 LAKH GDS

WE WANT CHANGE AND ONLY AIPEU GDS (NFPE) CAN BRING THE CHANGE

YOUR AUTHORIZATION LETTER IS YOUR VOTE

LET US VOTE FOR AIPEU GDS (NFPE) AND DEFEAT THE ANTI-NFPE RECOGNIZED UNION

GIVE AUTHORIZATION TO ONLY AIPEU GDS (NFPE)

GIVING MORE THAN ONE UNION YOUR VOTE WILL BECOME WASTE

DURING THE LAST THREE VERIFICATION GDS VOTED FOR THE RECOGNIZED GDS UNION

BUT RECOGNIZED GDS UNION WASTED FIFTEEN YEARS WITHOUT ANY ACHIEVEMENT

THIS TIME THE RECOGNIZED GDS UNION WILL LOOSE ITS RECOGNIZTION AND AIPEU GDS (NFPE) WILL GET RECOGNITION WITH FLYING COLOURS

TO FIGHT FOR THE CAUSE OF GDS

TO SCRAP THE BONDED LABOUR SYSTEM

TO GET CIVIL SERVANT STATUS

TO LIVE AS A HUMAN BEING

LET US ELECT AND SELECT AIPEU GDS (NFPE)

VOTE FOR CHANGE

VOTE FOR AIPEU GDS (NFPE)

R. N. Parashar General Secretary AIPEU GROUP ‘C’

P. Pandurangarao General Secretary AIPEU GDS (NFPE)

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ALL GRAMIN DAK SEVAKS, YOUR ATTENTION PLEASE.

ALL INDIA POSTAL EMPLOYEES UNION GDS (NFPE)
CHQ: Dada Ghosh Bhawan, 2151/1, New Patel Road, New Delhi – 110 008


ALL GRAMIN DAK SEVAKS, YOUR ATTENTION PLEASE

The One-man Committee on GDS headed by Retired Postal Services Board Member Shri Kamalesh Chandra has called for the suggestions / opinions / memorandum from all the stake holders, especially Gramin Dak Sevaks.

The following is the model memorandum prepared by AIPEU GDS (NFPE). Please send it to the Chairman, GDS Committee by e-mail and also by Speed Post

e-mail ID :gds.committee@gmail.com

(P. Pandurangarao)

General Secretary

AIPEU GDS (NFPE)

NATIONAL FEDERATION OF POSTAL EMPLOYEES

(Central Head Quarters)

ALL INDIA POSTAL EMPLOYEES UNION GROUP – C (CHQ)

ALL INDIA POSTAL EMPLOYEES UNION  POSTMEN&MTS(CHQ)

New Delhi – 110 001

To,

All Divisional/Branch Secretaries, P3, P4

Circle Secretaries, P3, P4

CHQ Office bearers, P3, P4

Mahila Committee Members, P3, P4

ATTENTION OF ALL CIRCLE SECRETARIES/DIVISONAL/BRANCH SECRETARIES, P3 & P4

Please conduct an effective campaign among GDS through SPMs and Postmen Comrades and make them to send the copy of the enclosed memorandum to the Chairman, GDS Committee and a copy to GDS (CHQ).

R. N. Parashar Secretary General, NFPE & General Secretary AIPEU Group ‘C’ (CHQ)

R. Seethalakshmi General Secretary AIPEU Postmen & MTS (CHQ)

From: - ………………………………………… ………………………………………… ………………………………………… …………………………………………

To Shri Kamlesh Chandra Chairman, Gramin Dak Sevak Committee Ministry of Communication & IT Government of India Malcha Marg Post office Building New Delhi – 110021

Sub: - Memorandum on GDS issues,

With due respects and regards, we submit the following for your kind consideration and favourable recommendations to the Govt.

1.     Departmentalization of GDS by declaring them as Civil Servants and grant all benefits of regular employees on pro rata basis.

2.    Change the nomenclature of GDS as “Gramin Dak Karmachari” or “Rural Postal Employees”

3.    Considering the need and requirement of Rural Post Offices after modernization viz., Core Banking Solutions (CBS), Core Insurance Solution (CIS) and introduction of handheld computers at BOs and additional responsibilities, the working hours of all BOs may be extended to 8 hours and all GDS may be granted full time Civil Servant status. There should no combination of duties. The illegal condition that GDS shall not on duty for more than five hours should be removed.

4.    Minimum five hour wages should be paid even if the work load is less than 5 hours and if work load is more than five hours wages for full time (8hours) should be paid. Nomenclature of TRCA should be changed and it should be called as ‘Pay’. There should not be any reduction in wages under any circumstances.

5.    The Branch Postmaster shall be paid at the pro rata wages of Postal Assistants; GDSMD/GDSSV shall be paid equal to Postmen; and all other categories with the comparison of MTS. GDS shall be appointed and not engaged and the word ‘engagement’ shall be deleted in the existing rules.

6.    Time bound promotion (ACP) to higher pay scale on completion of 10 years, 20 years and 30 years may be granted to GDS. Point to Point fixation is requested for senior GDS. The pay shall be fixed to the seniors in the revised pay based on the number of years of service rendered to that extent by granting notional annual increments. The percentage of annual increment shall be at par with regular employees to whom the comparison is being made. The nomenclature of increment shall be introduced in the place of ‘future entitlement’.

7.    The GDS may be considered for grant of HRA, Transport Allowance, Split duty Allowance on pro rata basis at par with regular departmental employees whom we are comparing for wage fixation. The rent of the building in which BO is housed may be paid by the department.

8.    TA/DA may be granted to GDS if ordered in the interest of service and all other Allowance like Boat Allowance, SDA, may be extended to GDS.

9.    The GDS shall be covered with the Children Education Allowance and hostel subsidy at par with regular employees.

10.  The GDS shall be covered under the CS (MA) Rules or a new set of rules equal to that which provide full reimbursement of medical expenses to the GDS and their families.

11.  The GDS may be granted leave on the following norms.

(i)           E.L – One Day for each completed calendar month with accumulation.

(ii)          HPL – 20 days per year, with accumulation facility.

(iii)        Commuted leave may be introduced.

(iv)         Maternity leave – 180 days at par with regular employees with full pay & allowances. Pay shall be made from salary head and not from the welfare fund of GDS.

(v)          Child care leave shall be granted at par with regular employees.

(vi)         Special Disability Leave – As applicable to regular employees.

12.  Notwithstanding our claim of introduction of pension scheme at par with regular employees prior to 01-01-2004, we request to modify the S.D.B.S scheme to the extent of 10% recovery from the officials; 20% from the department. Ex-gratia gratuity shall be granted on completion 10 years service. Family pension shall also be introduced.

13.  All vacancies in the departmental posts viz. MTS, Postmen, shall be filled only by GDS and there shall be no other open market direct recruitment. In respect of PA cadre, the GDS possessing Qualifications and computer knowledge shall be permitted to write the competitive exam along with postman & MTS for the Departmental Quota vacancies.

14.  The GDS Conduct & Engagement rules 2011 shall be scrapped and CCS (Conduct) Rules 1964 may be made applicable to GDS also. It shall be covered under Article 309 of the Union Constitution.

15.  50% of the past services of GDS shall be counted as regular service on promotion for pensionary benefits including gratuity.

16.  GDS shall also be covered under LTC Scheme to have recreation in life.

17.  GDS may be provided with uniforms and also grant of Washing Allowance.

18.  All advances like festival, medical, LTC, Tour TA, scooter, HBA, Motor Cycle Advance shall be extended to the GDS. All incentives, honorariums shall be introduced for the excess work performed by GDS.

19.  Furnishing of security band shall be dropped. Similarly the residential condition may also be dropped in the recruitment rules.

20. Transfer facilities may further be liberalized; there shall be no loss of service or pay on transfer. Identity cards to GDSs are a must and that shall be supplied to GDS free of cost of the Department.

21.  Compassionate appointment may be granted to the dependents of deceased GDS, removing the existing conditions.

22. GDS may be granted all Trade Union rights at par with regular employees.

23. The amount payable under Group Insurance Scheme may be enhanced to five lakhs.

24. The 50 years age limit for appearing for departmental examination may be removed.

25. One point may be granted for Rs.4000- of cash handling in BOs.

We submit that these poor and down trodden 2.76 lakhs of Gramin Dak Sevaks should not be neglected and shall be extended with all benefits applicable to departmental employees. As Justice Talwar Quoted that ‘the weak and downtrodden need protection’. We hope that the respected Chairman, GDS Committee will look in to the prayers made by the All India Postal employees Union GDS (NFPE) also we made in the pre paras and render justice to this down-trodden section of the Postal employees.

With profound regards,

Yours sincerely,

Place: -

Date:-

(Name of the GDS with

Designation

//

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CONSTITUTION OF AN EMPOWERED COMMITTEE OF SECRETARIES TO PROCESS THE RECOMMENDATIONS OF THE 7TH CENTRAL PAY COMMISSION.

            The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for setting up an Empowered Committee of Secretaries under the Chairmanship of Cabinet Secretary, in order to process the recommendations of 7th Central Pay Commission (CPC) in an overall perspective.

            The Empowered Committee of Secretaries will function as a Screening Committee to process the recommendations with regard to all relevant factors of the 7th CPC in an expeditious detailed and holistic fashion. 

*****AKT/VBA/SH
(Release ID :134425) (PIB 13.01.2016)

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Do Not Take Leave on 01.01.2016

Please do not take leave on 01.01.2016 to avoid any Pay Fixation related Problems in Future !

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Postman and MTS Result of Outsider Quota

The Result of Postman and MTS of Outsider Quota has been published on 18.12.2015

The result can be downloaded from the below link :-

• Notification of Result Publication

• Result of MTS

• Result of Postman / Mailguard

For any help, feel free to contact, Mr. Pulak Chakraborty - 9831002203

Our heartiest congratulations to the selected candidates. Welcome to the department.

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List of Compulsory holidays to be observed by the Administrative/Operative Offices of the Department of Posts in West Bengal Circle for the year 2016.

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INDEFINITE STRIKE FROM 1st WEEK OF MARCH 2016.

INDEFINITE STRIKE FROM 1st WEEK OF MARCH 2016

Hold demonstrations on 30.12.2015 in front of all offices and Submit copy of the Charter of Demands to Head of offices for onward transmission to Cabinet Secretary.

Conduct three days Dharna at all state capitals and Industrial Centres/Establishments on 19^th, 20^th & 21^st January 2016.

NJCA will meet on 8^th February 2016 to decide the date of commencement of indefinite strike.


(M. Krishnan)
Secretary General
Confederation

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