Wednesday, July 29, 2015


Timelines of contribution processing under APY: PFRDA Circular


Pension Fund Regulatory
& Development Authority
1st Floor, ICADR Building,
Plot No. 6, Vasant Kunj
Institutional Area, Phase - ll,
New Delhi - 110070

CIRCULAR

PFRDA/2015/20/APY/1
Dated: 27.07.2015

To,
All Banks (Public Sector Banks/Private Sector Banks/RRBs), (State Apex Cooperative Banks/ Central Cooperative Banks Rural/Urban Cooperative Banks Local Area Banks.)



Subject: Timelines of contribution processing under APY.
This has reference to the processing of contribution for the subscribers registered under APY.

2. All the Banks are advised to generate the PRAN immediately after submission of applications and the subscribers are to be provided with the acknowledgement slip indicating the pension amount opted and PRAN.

3. The upload of files containing Subscribers' records into CRA system and‘ remittance of funds collected towards APY to Trustee Bank are to be completed by the banks on second day of PRAN generation.

Hence if ‘T’ being the day of PRAN generation, the upload of files and remittance of funds happen on T+1 day.

Timeline for performing the activities are as below:

Sl. No.Specified activityTimelines (TAT)
1.Activation of PRAN*T
2.Upload of SCF and transfer of funds to Trustee BankT+1
3.Upload Fund Receipt Confirmation (FRC) by Trustee BankT+2
4.Contribution Matched & Booked M&B and Units are allottedT+3

*T - denotes the day subscriber submits the APY application form at the branch/BC

4. Under APY, the minimum pension amount is guaranteed by Gol on premise that contain parameters are met as per the guidelines of the scheme. Hence, timely remittance of funds and
investment are crucial.

5. it was observed that during June 2015, there were several instances where these timelines were not adhered by the banks. it may be noted that, the delayed upload of contribution had also an adverse impact by way of overdue interest or increased monthly contribution for the subscribers due to change of age during the period of delay.

6. in view of the above, all Banks are advised to streamline the process of contribution upload as per timelines specified above. Any overdue interest or subscribers’ compensation due to delayed contribution processing may have to be borne by the concerned Bank.

All banks are advised to adhere to the timelines as specified above without fail in the interest of
the subscribers.

Yours sincerely,

(A.G. Das)
Chief General Manager

Source: http://pfrda.org.in/MyAuth/Admin/showimg.cshtml?ID=745

Submission of photocopy of Aadhaar Card to Department

LINKING AADHAAR CARD WITH PPOs

All to submit a photocopy of Aadhaar Card to HPOs



The Department of Posts in line with the decision of the Government of India, has undertaken the task of linking of Aadhaar Card with the PPOs of all the Pensioners. All our members are requested to submit a self-attested photocopy of their Aadhaar Card with their PPO Number written on it to the respective HPOs as early as possible.

K.Ragavendran
General Secretary
7th Pay Commission Likely to Hike Salaries By 40%: Credit Suisse
7th-cpc-increase-40-percent-news



The 7th Pay Commission is likely to raise the salaries of government employees by up to 40 per cent, said Neelkanth Mishra, India equity strategist of Credit Suisse. The Pay Commission will submit its recommendations in October and it will be implemented by next year.

"As the Pay Commission numbers come through there could be a 30-40 per cent increase for each  individual. It won't be as big as last time because it was driven by a lot of arrears but definitely a large number of government employees will come into the pay bracket which can afford to have, for example,  four-wheelers," he said in an interview with NDTV. (Watch the full interview)

Credit Suisse says about one-third of India's middle class is employed by the government and as the 7th Pay Commission comes through, there will be an improvement in discretionary spending.

"In Tier 3, Tier 4 towns where government employees are 50-60 per cent of the middle class, it is very likely that real estate markets will take off again," Mr Mishra said.

Once the Pay Commission submits its recommendations in October, it will take 3-6 months for the Centre and the states to announce its implementation, Credit Suisse said.

Gujarat and Madhya Pradesh have already indicated that they are going to implement the 7th Pay Commission recommendations from January 1, 2016, he said.

As clarity emerges on the 7th Pay Commission, consumption will see an uptick and that could act as a stimulus to the economy, the brokerage said.

However, Mr Mishra struck a note of caution. "Clearly if you see a third or 35 per cent of your middle class getting a 40 per cent or 30 per cent jump in compensation in one shot, the fears of inflation will rise." Expectations of rate cuts can get pushed out and some possible fiscal pressures can emerge, he warned. 
NDTV Article

Tuesday, July 28, 2015

Quote of the Day July 28

If you are really thankful, what do you do? You share. - W. Clement Stone

10 life lessons we learned from Dr APJ Abdul Kalam

Former President & eminent scientist Dr APJ Abdul Kalam passed away in Shillong on Monday. Kalam collapsed during a speech at IIM Shillong and was immediately rushed to the nearby Bethany Hospital.
 
Here are some of Kalam’s inspirational sayings through which he will be remembered forever…
 
“You have to dream before your dreams can come true.”
1
“If a country is to be corruption free and become a nation of beautiful minds, I strongly feel there are three key societal members who can make a difference. They are the father, the mother and the teacher.”
2
“My message, especially to young people is to have courage to think differently, courage to invent, to travel the unexplored path, courage to discover the impossible and to conquer the problems and succeed. These are great qualities that they must work towards. This is my message to the young people.”
4
“To succeed in your mission, you must have single-minded devotion to your goal.”
5
“Let me define a leader. He must have vision and passion and not be afraid of any problem. Instead, he should know how to defeat it. Most importantly, he must work with integrity.”
6
“Great dreams of great dreamers are always transcended.”
7
“Let us sacrifice our today so that our children can have a better tomorrow.”
8
“Man needs his difficulties because they are necessary to enjoy success.”
9
“Look at the sky. We are not alone. The whole universe is friendly to us and conspires only to give the best to those who dream and work.”
10
“You see, God helps only people who work hard. That principle is very clear.”
 

India Post to Release Series of Stamps on Well Known Singers, Writers, Freedom Fighters, Painters and Dancers

Press Information Bureau
Government of India
Ministry of Communications & Information Technology
28-July-2015 12:11 IST
India Post to Release Series of Stamps on Well Known Singers, Writers, Freedom Fighters, Painters and Dancers

Promote Philately in Childrens- Ravi Shankar Prasad 
The Government has decided to release series of stamps on Singers, Writers, Freedom-fighters, Painters and Dancers. It has also decided that ceremonial stamps issued so far may also be made available in all post offices for easy purchase by the public. The philatelic advisory committee which met under the Chairmanship of Minister for Communication & IT, Shri Ravi Shankar Prasad yesterday also decided that stamps with picture postcards may be release on tourist places in India such as Taj Mahal, Ajanta and Ellora, Belur Math, Khajuraho etc.

Shri Ravi Shankar Prasad also directed the department to conduct a letter writing competition at district level with suitable awards for the winner to promote philately among children’s. He also directed that a series of stamps on Charkha be released on 2nd October, 2015.

Further, Minister of Communication & IT also suggested having designs of philatelic stamps through crowd sourcing. Commemorative postage stamp on “Swach Bharat”, the theme of Clean India was released by Department of Posts, on 30.01.2015, the design was decided through open competition. A commemorative postage stamp on Women Empowerment is being released on 15th August, 2015, the design has been decided by crowd sourcing. The MOC&IT also desired to bring technology in philately. Mobile app should be developed so that people can have information about philatelic stamps. Social Media should be used for promoting philately.

Facebook on Philately has been introduced which has brought out awareness to the people throughout the globe. The Philatelic Advisory Committee (PAC) members comprising of eminent persons from various fields such as art, literature, music, dance participated in the meeting. In this context, it is to inform that the Philatelic Advisory Committee (PAC) members gave their valuable suggestions in the above mentioned fields and also discussed the steps to be taken for promoting Philately among the public of various age groups. Suggestions were made for promoting philately through Culture and Policies also. Joint Issues released by Department of Posts, promote Philately through Culture.

2nd September 2015 - Strike campaign meeting - Hyderabad

Nationwide one day strike call given by Central Trade Unions & Federations, on 2nd September 2015, supported by CCGEW, NFPE & AIPEU GDS (NFPE) leaders on strike tour from 27-07-2015.

As per the schedule, today in Hyderabad, a large gathering of Postal Employees infront of Circle Office was addressed by Com.T.Satyanarayana, General Secretary, AIP AEA & Com.P.Pandurangarao.

Circle Coordination Committee Convener, Com.K.Ramachandram organized the meeting. Com.D.Narasimhamurthy, Com.Balaswamy, AIPAEA, and leaders of AIPAOEU, Com.L.Kishansingh, AIP SBCOEA were present and addressed the meeting.




FORMER PRESIDENT A P J ABDUL KALAM PASSES AWAY. A BIG SALUTE TO THE MISSILE MAN



            News: Bharat Ratna APJ Abdul Kalam Passed Away: Former Indian President Bharat Ratna APJ Abdul Kalam (Avul Pakir Jainulabdeen Abdul Kalam) Passed Away today(27.07.2015). He was reportedly collapsed on stage while giving a lecture at the Indian Institute of Management in Shillong and immediately rushed to hospital. Doctors say he suffered from a cardiac arrest.

            Dr Kalam was born in Rameswaram on October 15, 1931, to a boatman. He played a pivotal role in India's Pokhran-II nuclear test in 1998, the first since the test by India in 1974. He was known as Missile Man India for ensuring the success of Integrated Guided Missile Development Programme (IGMDP). For his achievements, he was awarded the Padma Bhushan, Padma Vibhushan and Bharat Ratna, and then he became the 11th President of India in 2002. He was THE BEST and the ONLY president of India who inspired youth. His life itself is a motivational lesson for the modern youth. 

APJ Abdl Kalam : Timeline of Important Dates : 

1931 : A.P.J. Abdul Kalam was born on 15th October. 
1954: Graduated from Saint Joseph's College, Tiruchirappalli. 
1955: Enrolled at the Madras Institute of Technology to study aerospace engineering. 
1960: Joined Aeronautical Development Establishment of Defense Research and Development Organization (DRDO) as a chief scientist. 
1969: Was transferred to the Indian Space Research Organization (ISRO). 
1981 : Honored with Padma Bhushan 
1990 : Honored with Padma Vibhushan 
1992-1999: Served as the Chief Scientific Adviser to the Prime Minister and the Secretary of Defence Research and Development Organisation. 
1997 : Honored with Bharat Ratna 
1997 : Honored with Indira Gandhi Award for National Integration 
2002-2007: Served as the 11th President of India. 
2015 : Passed Away on 27th July. 

Famous Books by Abdul Kalam :

Developments in Fluid Mechanics and Space Technology (1988) 
India 2020: A Vision for the New Millennium (1998) 
Wings of Fire: An Autobiography (1999) 
Ignited Minds: Unleashing the Power Within India (2002) 
The Luminous Sparks (2004) 
Mission India (2005) 
Inspiring Thoughts (2007) 
Indomitable Spirit (2007) 
Envisioning an Empowered Nation (2010) 
You Are Born To Blossom: Take My Journey Beyond (2011) 
Turning Points: A journey through challenges (2012) 
Target 3 Billion (2011) 
My Journey: Transforming Dreams into Actions (2013) 
A Manifesto for Change: A Sequel to India 2020 (2014) 

Transcendence My Spiritual Experiences with Pramukh Swamiji (2015)

Transfers and Postings in the cadre of JAG of IPoS Group A


Sri D.Sridhara Venkata Ramana Murthy,DPS Kurnool Region is transferred and Posted as DPS (HQ),Karnataka Circle,Bangalore vide Postal Directorate order dated 27-07-2015.
Copy of the order is reproduced below.


India sheds a tear for `people`s president` APJ Abdul Kalam:


7-Day Mourning Declared

No Holiday for Union Govt Schools, Offices

New Delhi: The office of the President of India had assumed a new meaning in the hearts of billions of Indians from year 2002 to 2007 – the Kalam years at the Rashtrapati Bhavan. Kalam was the people's president. His endearing nature and undying commitment to see India progress and prosper had turned him into one of the most popular personalities of our times.

One of his biggest passion was to interact with students to instil in them a fire to succeed in life. His personal life story starting from a poverty-ridden childhood, to a struggle to get education, and his contribution to India's missile technology was and will always remain a source of inspiration for the country.

Dr Kalam was as well versed with the Koran as he was with the Bhagvad Gita – a secular Indian in the true sense. The common man of India is in grief today.

Social Media Abuzz With Rumors, 

No Holiday For Schools, Colleges On Tuesday

In view of former President Dr APJ Abdul Kalam’s sudden death on Monday, Social media is abuzz with the rumors of government order for schools to be closed on Tuesday as mark of respect. Many schools have already sent advisory that the school would remain closed on Tuesday, but there was no official declaration of any holiday by the Union government. Karnataka was among the first states to declare a holiday tomorrow for all schools and government offices, where Dr Kalam was a resident throughout his 40-years career as a DRDO scientist and holds special image among the science fraternity. 

No state holiday for schools, colleges today, 
says Maharashtra education minister Vinod Tawde

Maharashtra education minister Vinod Tawde has said that the union government has confirmed that there will be no state holiday for schools and colleges on Tuesday, following the death of ex-President Dr APJ Abdul Kalam.  

The government has declared a national mourning period of 7 days, Union Home Secretary LC Goyal had earlier said.


This is a drastic departure from convention. Protocol allows for 7 days mourning only in the event of death of a sitting President. The government's declaration therefore speaks of the standing of Dr APJ Abdul Kalam in the minds of the people as well as in political circles.

7-Day Mourning Declared, 
No Holiday for Union Govt Schools, Offices
Karnataka Declares Holiday 

The government has declared a seven-day mourning following the death of former President Dr APJ Abdul Kalam but no holiday was declared on Tuesday for schools or government offices in view of the protocol that stipulates only 3-day mourning and no holiday, barring Karnataka which was home to him for over 40 years.

In view of the admiration for the former president among the people, the Centre has decided to make it a 7-day mourning that is reserved only in the event of the death of a sitting president.

The government has cleared that the schools and offices will remain open but some state governments have declared a holiday such as Karnataka, where Dr Kalam was a resident throughout his career as a DRDO scientist and holds special image among the science fraternity.

What DoPT's Order says in this regard? 

HOLIDAYS: The existing system of holidays will continue.  No holiday shall, however, be declared in the event of death of any person other than the incumbent President of India or the incumbent Prime Minister of India.  Suitable orders in this regard have already been issued by the Ministry of Home Affairs vide OM No. 3/2/97-Public dated 21.11.1997.Full text of OM reproduced below:-

Government’s instructions on reduction in number of Casual Leave: DoPT OM

No. 12/9/94-JCA 
Ministry of Personnel, PG and Pensions 
Department of Personnel & Training 
North Block, New Delhi
January 14, 1998

OFFICE MEMORANDUM

SUBJECT:- Reduction in Casual Leave entitlement and various recommendations of the Fifth Pay Commission in respect of number of holiday/working week etc. 
*****
 In the light of the various recommendations of Fifty Central Pay Commission contained in Chapter 118 of the Report relating to Hours of Work and Holidays etc., the following decisions have been taken by the Government.

2. WORKING WEEK: It has been decided to continue the five-day-week working system introduced since June-1985 in the civil administrative offices of Government of India. Departments whose functions are pre-dominantly marked by public dealings or of commercial nature and at present are functioning on 5-day-week basis, will review the existing arrangements and switch over to 6-day-week wherever feasible. Action taken in this regard will be reported to this Ministry within the next four months.

3. HOLIDAYS: The existing system of holidays will continue. No holiday shall, however, be declared in the event of death of any person other than the incumbent President of India or the incumbent Prime Minister of India. Suitable orders in this regard have already been issued by the Ministry of Home Affairs vide OM No. 3/2/97-Public dated 21.11.1997.

4. CASUAL LEAVE ENTITLEMENT: It has also been decided to reduce with effect from Ist January, 1998 the number of days of Casual Leave for Central Government employees from the existing 12 days to 8 days in a year. Various Departments may also effect corresponding reduction with effect from Ist January, 1998 where the Casual Leave entitlement for certain categories is higher than 12 under intimation to this Ministry.

5. All Ministries/Departments may bring the above decision to the notice of all concerned under their administrative control and ensure compliance with these instructions. 
                                                                                                                                                           Sd/-
(HARINDER SINGH) 
JOINT SECRETARY TO THE GOVT. OF INDIA 

//copy//

Stoppage of Fixed Medical Allowance paid to the Govt. Employees working in the remote/interior areas _Health Ministry orders.

Dear Comrades,
Department of Health and Family Welfare had issued orders for stoppage of Fixed Medical Allowance paid to the Govt.Employees working in the remote/interior areas.