Friday, October 24, 2014

AP circle NFPE Cordination committee convenor requested chief PMG AP circle to sanction financial assistance to the GDS officials in c/w recent cyclone at Visakhapatnam


Chairman                                                                TREASURER                                                        CONVENER    
R.J.MADHUSUDHAN RAO                              D.NARASIMHA MURTHY                                 K.RAMACHANDRAM
C/S R-III                                                           C/S Postal Acts                                                C/s, AIPAOEU Gr. C & D

No. COC (NFPE)/PMG-VMR/GDSCWF/FA/2014                                              Date: 24nd Oct 2014

The Chief Postmaster-General
A.P. Circle
Hyderabad – 500 001

Respected Sir,

Sub:-Financial Assistance to GDS officials in connection with Hud-Hud cyclone in Visakhapatnam Region – Reg.

Ref:- (i) DoP OM No.19-31/2012-WL/Sport dated 17-09-2013.
         (ii) DoP Lr. No.19-31/2012-WL/Sport dated 02-12-2013.

I have the honor to draw your kind attention to this letter that GDS officials in Visakhapatnam Region particularly in Visakhapatnam, Anakapalli and Vizianagaram divisions are worst affected with the recent Hud-Hud Cyclone and lost their property and to a great extent of their livelihood.

It is requested to sanction financial assistance from GDS Circle Welfare Fund as the provisions laid down with references above cited.

W.r.t (i): para-14, item-13 Rs.5000/- can be sanctioned as Financial Assistance from GDS Circle Welfare Fund.
W.r.t (ii): para-6, items (ii) to (ix) the Financial Assistance can be granted with immediate effect.

It is requested our respected Hon’ble Chief Postmaster-General to cause to issue suitable instructions to the concerned authorities to take all necessary steps for grant of Financial Assistance at the earliest to all the eligible GDS officials still living in pathetic conditions caused by the cyclone. The act of kindness shall ever be grateful to you sir.

A line in reply is highly solicited.

Yours faithfully

(K. Ramachandram)
Convener, NFPE & C/S Admn Union

Wednesday, October 22, 2014

Bigger equity play likely for National Pension System subscribers

NEW DELHI: The pension regulator may allow a greater portion of the retirement savings of government employees parked in National Pension System (NPS) to be invested in equities if the government proposes to do so. This could over the year allow movement of thousands of crores of long-term retirement savings into equities, something that the government has been unable to persuade the Employees Provident Fund Organisation to do.
"The NPS structure offers an inbuilt flexibility to subscribers to choose the equity or debt option. We want that benefit to accrue to all subscribers," said a senior PFRDA official. Nearly 37 lakh central and state government employees are at present subscribers of NPS. The total asset under management of such subscribers is Rs 57,908 crore.
Under the NPS, there are different plans that the subscribers can opt for, each providing varying degrees of exposure to equities, government bonds and private bonds. This choice is, however, not available to government employees. At present, for government employees, there's only one default Tier I structure.
Under this structure, the entire contribution of government employees is split among three state-run pension fund managers, who invest funds in the proportion of up to 55 per cent in government securities, up to 40 per cent in debt ecurities, up to 15 per cent in equity and up to 5 per cent in money market instruments.
"It is up to the state or central government to take a call. If only auto choice is made available to such government subscribers, their investment in equity option will be done according to the life cycle thus mitigating any risks," the above quoted official added. The state and central government employees constitute almost half the NPS subscriber base. The total pension corpus invested in equity portion is only Rs 5,000 crore. The scheme has 75 lakh subscribers and a corpus of Rs 63,511 crore till October 2014.
"The equity exposure of around 15 per cent is from the corporate sector, and that from the government subscribers is around 8.64 per cent," said the above quoted PFRDA official. Under the NPS corporate model, the corporate or the subscriber is given two options — active or auto choice. In active choice, a subscriber can invest up to 50 per cent in equities, while in auto choice, the investments will be made in a life-cycle fund.
"For subscribes' up to 35 years, the equity portion is as high as 50 per cent, and the exposure towards equity in the last few years is brought down to 10 per cent and below," the official explained. Experts believe that the government has robbed its employees by not giving such an option as most of them missed the Sensex rally during 2004-08.

Govt. employees start work late, stay late

On most days, Central government staff work for eight hours
The occasional surprise checks by Union Ministers to see if government employees are reporting to work on time may not have brought in 100 per cent compliance, but employees aren’t as late to office as widely perceived.
The Hindu got exclusive access to one week of Central government attendance data, thanks to the first publicly available database of employees, and found that employees tend to be a bit late in getting to work, but most work a full day.
Two weeks ago, the Union overnment launched, a web portal that allows live tracking of over 50,000 Central government employees the moment he signs in and out of work.
Using a Unique Identification Number (UID)-enabled back-end, the system allows the employees’ sign-in to be authenticated and uploaded to the website in under two seconds. Personally identifiable information about individual employees is not available for public view.
Getting to work at 9 a.m. sharp is still a challenge. Just over 20 per cent of the employees swiped in by 9 on most days, but attendance picks up in the 9 a.m. to 9.30 a.m. period, when the largest number of swipe-ins takes place. The median in-time, The Hindu found, is 9.18 a.m.
Consequently, the employees leave office a little late, with 5 p.m. to 5.30 p.m. being the swipe out time among most. The median exit is 5.45 p.m.

The numbers show that on most days — except Friday, the last working day, — eight of 10 Central government employees worked for at least eight hours. This figure is only indicative as some employees appear to be making errors while swiping in or out.
Junior employees come in earlier than those higher up the bureaucracy, but this could be on account of the fact that senior bureaucrats’ days often begin with meetings in other offices and locations, an Additional Secretary whom The Hindu reached for comment said.
“We are very clear that what we are offering are the tools for measurement. Decisions on what to do with attendance data is not our job — that is for the personnel ministry,” Ram Sewak Sharma, Secretary, Department of Electronics and Information Technology, who is responsible for the project, told The Hindu.
Mr. Sharma launched Jharkhand’s version of the attendance portal during his stint there as Chief Secretary after his posting as Director-General of the Unique Identification Authority of India.
Individual employees’ data in the new Central government portal is not available for public view, but the organisation shared one week’s data — after anonymising it — with The Hindu for analysis.

Maximising financial inclusion

The Pradhan Mantri Jan-Dhan Yojna (PMJDY) to provide universal access to banking and financial inclusion has now been formally launched. The scheme envisages provision of a bank account, a debit card, and accidental and life insurance cover up to Rs1.30 lakh for poor families. Further, the vision is to gradually move in a direction where the poor are able to operate their bank accounts from their mobile phones as mobile penetration is higher than financial services penetration.
The new scheme is unique in two senses. First is that while earlier, expansion in banking was considered as an opportunity for cross-selling insurance, this time providing insurance upfront to everyone will be a novel departure. Not many people know that the Indian government, under its Postal Life Insurance (PLI), provides one of the cheapest insurance. PLI can be one of the vehicles for this insurance cover. However, PLI needs to be completely revamped to meet the ambitions of this new scheme. Currently the scheme is open to government employees and rural population.
However, more crucially, one of the features of the PMJDY that makes it different is the provision of a debit card. The experiences of advance countries suggests that as the economies grow, preference for substituting cash with more electronic based payment methods becomes imperative. The experience in India over the last couple of years has been somewhat on similar lines. Even with an associated fee, the electronic mode can be less expensive compared with the available alternatives. The use of electronic payment instruments also allows the unbanked to start building a transaction history, which can be a step towards initiating them towards financial inclusion. Additionally, data suggests that debit cards are a preferred option of use in India than credit cards. The experience in China and Germany, both of whose economies are bank-dominated, suggest the same. This preference, if accounted for in policy, can lead to significantly better product design and hence, customer satisfaction for banks.
Choosing a cost-effective model for such financial inclusion will require banks to significantly free up human resources, apart from using a banking correspondent model. It may be noted that in the next five years nearly one-third of the existing manpower of banks is going to retire on attaining superannuation. Against this background, banks can continue to encourage people to (a) go for branchless banking (mobile and Internet banking) and (b) digital banking. In effect, through digital banking, customers will be able to open accounts on their own and have a debit card issued instantaneously. In terms of economics, digital banking will help banks bring down intermediation cost. Banks in India operate with higher net interest margin (NIM) of 3%-4%. Foreign banks, particularly European ones, operate with 1%-2% NIM.
Digital banking will also help in redistribution of manpower requirements to a significant extent and will also impact positively on profitability of banks. A digital banking model could be very effective and cost savvy for payment banks and small banks, as these banks will be allowed limited banking access and are likely to be opened under differentiated banking license, once the Reserve Bank of India comes out with final guidelines. Note, the purpose of these banks is to hasten the process of financial inclusion.
With increase in financial inclusion and digitalization of banking, requirement of cash in the economy will reduce, thereby helping in controlling unaccounted money in the economy. In fact, we expect the cash component in broad money supply to decline in line with developed countries like the UK (2%), Australia (3%) and Japan (6.0%). The positive spill-over from this structural transformation in the long-run will be enormous.



Tuesday, October 21, 2014

Quote of the Day October 21

The sweetest of all sounds is that of the voice of the woman we love. - Jean de la Bruyere


JCM Staff Side leadership has decided to organize a National Convention of all Central Government Employees (Railway, Defence & Confederation) on 11th December 2014 at New Delhi from 12 PM to 4 PM. Convention will adopt a joint resolution on the common demands of the Central Government Employees viz; Merger of DA, Interim Relief, Inlcusion of GDS under 7th CPC, Scrap New Pension Scheme etc and will declare joint programs of action. Further details regarding number of delegates to be participated from each affiliated Organisation & State C-O-Cs of Confederation will be published shortly.

M. Krishnan
Secretary General


Two days All India Trade Union Workshop of Confederation of Central Government Employees & Workers will be held at Bangalore on 5th & 6th January 2015. COC Karnataka will host the workshop. Total number of delegates will be 200. Affiliated organization-wise delegate quota will be published shortly. Delegate Fee is fixed as Rs. 600 (Rupees Six hundred only) per delegate. Meeting of the COC held at Bangalore was attended by Confederation CHQ leaders Coms: S. K. Vyas, K. K. N. Kutty, M. Krishnan, M. S. Raja, Vrigu Bhattacharjee, Giriraj Singh, R. N. Parashar, P. Suresh, R. Seethalakshmi etc. Detailed circular will follow.

M. Krishnan
Secretary General


                   One year long nationwide Diamond Jubilee Celebrations of National Federation of Postal Employees (NFPE) which commenced on 24th November 2013 at New Delhi is coming to a grand finish on 23rd and 24th November 2014 at Dwarka (Gujarat).  NFPE has already celebrated the Golden Jubilee of Postal Trade Union movement in the year 2004 at Thiruvananthapuram, marking the 100th year of establishing “Postal Club” at Kolkata by Late Com. Babu Tarapada Mukherjee, the founder father of Postal Trade Union, which was later on converted by him as All India Postal and RMS Employees Union.  NFPTE was formed on 24th November 1954, in a massive convention held at Vinay Nagar, New Delhi.  After bi-furcation of Postal and Telecom, the name of Postal Federation is changed as NFPE.
                   When we celebrate 60th year of our glorious organisation, we should pledge to re-dedicate ourselves not only for fighting for the cause of five lakhs Postal and RMS employees including Gramin Dak Sevaks but also for the cause of entire Central Government employees and the suffering masses of our country and the world.
                   We should inherit the legacy of our great leaders and follow their footsteps - their dedication, commitment, sacrifice, knowledge, militancy, courage, honesty, concern and respect for the fellow workers and seniors, giving topmost priority to individual grievances, democratic and transparent functioning, oraganisational discipline, building up trade union consciousness, social consciousness, political consciousness and above all class consciousness.
                   We have been fighting against the neo-liberal policies of the Government, right from its beginning from 1991 onwards.  We conducted many heroic struggle against downsizing, outsourcing, contractorisation and privatization.  We succeeded in compelling the Government to lift the ban on recruitment and filling up of all vacancies, we succeeded in preventing the Government from implementing its order for closure of 9797 Post offices, we succeeded in halting Mckinsey recommendations and Mail Network Optimisation Project (MNOP) for closure of about 300 RMS Offices.  We could successfully prevent the Government from amending the Indian Post Office Act and giving license to multi-national courier services.   Our fight for emancipation of three lakhs Gramin Dak Sevaks has not yet reached its finality.  We have to complete our unfinished task.
                   Seventh Central Pay Commission has commenced its work.  Our demands for DA merger, Interim Relief, Inclusion of GDS under 7th CPC, date of effect from 01-01-2014, scrapping of new pension scheme, parity in pension etc. are still pending.  Government, whether it is UPA or NDA, is totally negative to our genuine demands.  Our struggle under the banner of NFPE and Confederation of Central Government Employees and Workers is to be further intensified.
                   Eventhough we have submitted detailed memorandum to 7th CPC for better wages and service conditions, neither the 7th CPC nor the Government shall concede our demands, unless we mobilize the workers at all levels in a serious and determined manner and create sanction behind our demands.
            Thus the message of Diamond Jubilee of NFPE is loud and clear.  We have to continue our struggle against the anti-labour, anti-people policies of the Government, we has to fight against the neo-liberal reforms in the Central Government employees sector, we have to conduct bigger form of trade union action including indefinite strike for realization of the demands of the Central Government employees and Postal employees including Gramin Dak Sevaks.  We shall not rest till the dreams of our founder leaders are fulfilled.

Monday, October 20, 2014

Quote of the Day October 20

The hardest years in life are those between ten and seventy. - Helen Hayes


Final list of candidates selected for various divisions in Kerala Circle published today 20/10/2014

Click result from official website : Click Here

Alternate Link : View Result

Postal Article Number Format

No. of digits
Speed Post (EMS) Domestic
International EMS Artilces to be delivered in India
Electronic Money Order (eMO)
Registered Mail
Express Parcel Post

Source :

Employment News: 18 October 2014 to 24 October 2014

1. Indian Army
Vacancies in Permanent Commission
No. of Vacancies – 90
Last Date - 30/11/2014

2. The New India Assurance Company Ltd.
Name of Posts – Assistants
No. of Vacancies – 1536
Last Date – 10/11/2014

3. Indian Overseas Bank
Name of Posts- Managers (Security, Civil, Electrical, Mechanical, etc.)
No. of Vacancies – 26
Last Date - 30/10/2014

4. Public Service Commission, Uttar Pradesh
Post in Fire Service Dept., Forest Dept., Evaluation Division, Fisheries Dept., etc.
No. of Vacancies – 198
Last Date - 30/10/2014

5. Staff Selection Commission, Northern Western Region
Name of Posts – Sr. Assistant, Sr. Technical Assistant, Investigator, etc.
No. of Vacancies – 47
Last Date – 15/11/2014

6. National Institute of Technology, Rourkela
Name of Posts- Professor and Assistant Professor
No. of Vacancies – 95
Last Date - 31/10/2014

7. Northern Railway
Vacancies against Sports Quota
No. of Vacancies – 21
Last Date – 31/10/2014

Saturday, October 18, 2014

Quote of the Day October 18

The measure of who we are is what we do with what we have. - Vince Lombardi

Nobel Prize Winners List - 2014

Dr. Francis Crick's Nobel Prize Medal on Heritage Auctions
  • The Nobel Prize in Physics 2014: Isamu Akasaki (Japan), Hiroshi Amano (Japan) and Shuji Nakamura (Japan) - "for the invention of efficient blue light-emitting diodes which has enabled bright and energy-saving white light sources".
  • The Nobel Prize in Chemistry 2014: Eric Betzig (USA), Stefan W. Hell (Romania) and William E. Moerner (USA) - "for the development of super-resolved fluorescence microscopy".
  • The Nobel Prize in Physiology or Medicine 2014: John O'Keefe (USA), May-Britt Moser (Norway) and Edvard I. Moser (Norway) - "for their discoveries of cells that constitute a positioning system in the brain".
  • The Nobel Prize in Literature 2014: Patrick Modiano (France) - "for the art of memory with which he has evoked the most ungraspable human destinies and uncovered the life-world of the occupation".
  • The Nobel Peace Prize 2014: Kailash Satyarthi (India) and MalalaYousafzay (Pakistan) - "for their struggle against the suppression of children and young people and for the right of all children to education".
  • The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2014: Jean Tirole (France) - "for his analysis of market power and regulation".
Child labour activist Satyarthi became India's 8th Nobel laureate while the champion for children's education Malala became her country's second citizen to be given the most coveted prize. Malala is also the youngest to be awarded the globally prestigious annual prize.

Friday, October 17, 2014

Quote of the Day October 17

You can have no dominion greater or less than that over yourself. - Leonardo da Vinci

Instructions to Sub Post Offices

                  This is regarding omissions, commissions and mistakes occurred in SB transaction  and  the reason for raising OMs are brought  to your notice  for future guidance and to  avoid such mistakes in future.  All are requested to pay an additional effort to minimize these mistakes and reduce the number of OMs.

1. The vouchers should be serially arranged, stitched andsealed intact.

2. In case of CBS office, the vouchers should be arranged by the transaction ID wise.

3. In respect of withdrawals allowed at Sub Office, compulsorily the SS should be verified by the SB counter PA  irrespective of the amount.  When the amount exceeds Rs.5000/-,  SPM also should verify and put his full signature in the appropriate place in token of having verified.

4. The BAT and DLT should be noted in all vouchers after verifying its correctness with PassBook  and System. 

5. Closure vouchers (SB - 7A )  should invariably attached with  SB-5 card and KYC documents.

6. All payment of the deceased claim case should invariably be made only  by crossed  cheque. ( SB Order 25/2010 ).

7. Date stamps should be impressed legibly in the SB3 cards, LOTs and vouchers.

8. The Closed RD Passbooks are to be sent along with the closed warrants in respect of Single handed Offices and Sub offices manned by single individual in B Class offices.

9. When the amount of  withdrawal exceeds Rs.20,000/-,  payment should  be effected only by cheque  or by giving credit in Savings account of the depositor,  where the Cheque Number or SB A/C Number should be noted in the acquittance portion of the SB-7/SB-7(a).

10. SB-103 and SB-7 should be prepared and attached along with regular voucher for automatic  credit from MIS to SB and SB to RD.  vouchers for MIS auto credit to SB accounts is to be attached.

11. List of holidays should be configured in the SO system then and there  to avoid non-accounting of auto credits on holidays.

12. All RD bulk list are to be attached with the LOT,  where the new account numbers should be invariably noted in RED INK.

13. Normally Messenger service is  not allowed for all Closure. ( Dte Order No 15/2010). When it is specifically required, the Payment should be  made to the messenger only through account payee cheque drawn in favour of the depositor, after receiving the letter of authorization from the depositor.

14. In case of transfer, the AT/SB-10B for local, should bereturned immediately to HO after assigning the number and opening the same at your end.

15. RD bulk postings are to be made on the same day of acceptance.

16. Necessary certificate should be obtained both on the application and payment order side, while making payment made to illiterate depositor Witness should be obtained with full address.

17. As CBS is on the way to roll out, all depositor should have a SB account to credit their interest in the respective due dates.

18. For all accounts opened, registration of nomination is compulsory.  Witness should be obtained with full address.  In case of minor is nominated, a guardian should be appointed to receive the money during the minority of minor.

19. When the deposit/withdrawal exceeds Rs.50,000/-, PAN particulars/form-60/form-61 to be obtained.

20. The required KYC document should be at time of opening  the account as specified in the rule and in token of having verified with original PA / SPM / APM should put their signature in the SB3 card after adding the word “KYC documents verified and attached”

21. The stock of  NSC / KVP should be obtained invariably noted in the remarks column of the issue journal.  The stock remaining unsold at the closing of the account ending month should be forwarded to HO.

        It is requested to follow the above instructions, besides the rules and instructions issued by the department then and there. It is to be noted that, the rules framed and instruction issued by the department will supersedes the above instruction and always hold good.