Promotion and postings in the Grade of Superintendent (Sorting) From HSG-I RMS Officials CLICK HERE FOR DETAILS
Appointment of meritorious Sports persons in relaxation of the procedure - regarding. CLICK HERE FOR DETAILS
REGARDING DELAY IN SETTLEMENT OF CLAIMS RELATING TO EDAGIS-92/GDSGIS-10 FOR G.D.S.
| |
Showing posts with label LATEST POSTAL NEWS. Show all posts
Showing posts with label LATEST POSTAL NEWS. Show all posts
Thursday, July 16, 2015
Promotion and postings - Appointment of meritorious Sports persons - DELAY IN SETTLEMENT OF CLAIMS
REGARDING DELAY IN SETTLEMENT OF CLAIMS RELATING TO EDAGIS-92/GDSGIS-10 FOR GRAMIN DAK SEVAKS.
REGARDING DELAY IN SETTLEMENT OF CLAIMS RELATING TO EDAGIS-92/GDSGIS-10 FOR GRAMIN DAK SEVAKS.  | |
Wednesday, July 1, 2015
What is Digital India? Must know
Press Information Bureau
Government of India
Ministry of Communications & Information Technology
01-July-2015 10:46 IST
Digital India Week
Several initiatives have been taken for introduction of Information Technology to empower people. Some of the initiatives have resulted in development of products to extend various services in areas relating to health, education, labour and EMPLOYMENT, commerce etc. The Prime Minister Shri Narendra Modi would launch the Digital India Week this evening urging people to gain knowledge and to empower themselves through the Digital India Programme of his Government. Digital India has been envisioned as an ambitious umbrella programme to transform India into a digitally empowered society and knowledge economy. It comprises of various initiatives under the single programme each targeted to prepare India for becoming a knowledge economy and for bringing good governance to citizens through synchronized and co-ordinated engagement of the entire Government. This programme has been envisaged and coordinated by the Department of Electronics and Information Technology (DeitY) in collaboration with various Central Ministries/Departments and State Governments. The Prime Minister as the Chairman of Monitoring Committee on Digital India, activities under the Digital India initiative is being carefully monitored. All the existing and ongoing e-Governance initiatives have been revamped to align them with the principles of Digital India. The vision of Digital India programme also aims at inclusive growth in areas of electronic services, products, manufacturing and JOB OPPORTUNITIES etc. The vision of Digital India is centred on three key areas - (i) Digital Infrastructure as a Utility to Every Citizen (ii) Governance & Services on Demand and (iii) Digital Empowerment of Citizens With the above vision, the Digital India programme aims to provide Broadband Highways, Universal Access to Mobile Connectivity, Public Internet Access Programme, E-Governance: Reforming Government through Technology, eKranti - Electronic Delivery of Services, Information for All, Electronics Manufacturing: Target Net Zero Imports, IT for Jobs and Early Harvest Programmes. Several projects/products have already launched or ready to be launched as INDICATED below: · Digital Locker System aims to minimize the usage of physical documents and enable sharing of e-documents across agencies. The sharing of the e-documents will be done through REGISTERED repositories thereby ensuring the authenticity of the documents online. · MyGov.in has been implemented as a PLATFORM for citizen engagement in governance, through a “Discuss”, “Do” and “Disseminate” approach. The mobile App for MyGov would bring these features to users on a mobile phone. · Swachh Bharat Mission (SBM) Mobile app would be used by people and Government organizations for achieving the goals of Swachh Bharat Mission. · eSign framework would allow citizens to digitally sign a document online using Aadhaar authentication. · The Online REGISTRATION System (ORS) under the eHospital application has been introduced. This application provides important services such as online registration, payment of fees and appointment, online diagnostic reports, enquiring availability of blood online etc. · National Scholarships Portal is a one stop solution for end to end scholarship process right from submission of student application, verification, sanction and disbursal to end beneficiary for all the scholarships provided by the Government of India. · DeitY has undertaken an initiative namely Digitize India PLATFORM (DIP) for large scale digitization of records in the country that would facilitate efficient delivery of services to the citizens. · The Government of India has undertaken an initiative namely Bharat Net, a high speed digital highway to connect all 2.5 lakh Gram Panchayats of country. This would be the world’s largest rural broadband connectivity project using optical fibre. · BSNL has introduced Next Generation Network NGN), to replace 30 year old exchanges, which is an IP based TECHNOLOGY to manage all types of services like voice, data, multimedia/ video and other types of packet switched communication services. · BSNL has undertaken large scale deployment of Wi-Fi hotspots throughout the country. The user can latch on the BSNL Wi-Fi network through their mobile devices. · To deliver citizen services electronically and improve the way citizens and authorities transact with each other, it is imperative to have ubiquitous connectivity. The government also realises this need as reflected by including ‘broadband highways’ as one of the pillars of Digital India. While connectivity is one criterion, enabling and providing technologies to facilitate delivery of services to citizens FORMS the other. Policy initiatives have also been undertaken by DeitY in the e- Governance domain like e-Kranti Framework, Policy on Adoption of Open Source Software for Government of India, Framework for Adoption of Open Source Software in e-Governance Systems, Policy on Open Application Programming Interfaces (APIs) for Government of India, E-mail Policy of Government of India, Policy on Use of IT Resources of Government of India, Policy on Collaborative Application Development by Opening the Source Code of Government Applications, Application Development & Re-Engineering Guidelines for Cloud Ready Applications · BPO Policy has been approved to create BPO centres in different North Eastern states and also in smaller / mofussil towns of other states. · Electronics Development Fund (EDF) Policy aims to promote Innovation, R&D, and Product Development and to create a resource pool of IP within the country to create a self-sustaining eco-system of Venture FUNDS. · National Centre for Flexible Electronics (NCFlexE) is an initiative of Government of India to promote research and innovation in the emerging area of Flexible Electronics. · Centre of Excellence on Internet on Things (IoT) is a joint initiative of Department of Electronics & Information Technology (DeitY), ERNET and NASSCOM. The estimated impact of Digital India by 2019 would be cross cutting, ranging from broadband connectivity in all Panchayats, Wi-fi in schools and universities and Public Wi-Fihotspots. The programme will generate huge number of IT, Telecom and Electronics jobs, both directly and indirectly. Success of this programme will make India Digitally empowered and the leader in usage of IT in delivery of services related to various domains such as health, education, agriculture, BANKING, etc. | |
PAYMENT BANK LICENSE TO DOP
PAYMENT BANK LICENSE TO DOP
MANY NEWS ARE COMING ABOUT PAYMENT BANK LICENSE TO DOP
SO WE MUST KNOW WHAT WILL HAPPEN WHEN DOP WILL GET IT .HERE IS THIS INFO
The Payments Bank will be set up as a differentiated bank and shall confine its activities to further the objectives for which it is set up. Therefore, the Payments Bank would be permitted to undertake only certain restricted activities permitted to banks under the Banking Regulation Act, 1949, as given below:
Acceptance of demand deposits, i.e., current deposits, and savings bank deposits. The eligible deposits mobilised by the Payments Bank would be covered under the deposit insurance scheme of the Deposit Insurance and Credit Guarantee Corporation of India (DICGC). Given that their primary role is to provide payments and remittance services and demand deposit products to small businesses and low-income households, Payments Banks will initially be restricted to holding a maximum balance of Rs. 100,000 per customer. After the performance of the Payments Bank is gauged by the RBI, the maximum balance can be raised. If the transactions in the accounts conform to the “small accounts”1 transactions, simplified KYC/AML/CFT norms will be applicable to such accounts as defined under the Rules framed under the Prevention of Money-laundering Act, 2002.
Payments and remittance services through various channels including branches, BCs and mobile banking. The payments / remittance services would include acceptance of funds at one end through various channels including branches and BCs and payments of cash at the other end, through branches, BCs, and Automated Teller Machines (ATMs). Cash-out can also be permitted at Point-of-Sale terminal locations as per extant instructions issued under the PSS Act. In the case of walk-in customers, the bank should follow the extant KYC guidelines issued by the RBI.
Issuance of PPIs as per instructions issued from time to time under the PSS Act.
Internet banking - The RBI is also open to applicants transacting primarily using the Internet. The Payments Bank is expected to leverage technology to offer low cost banking solutions. Such a bank should ensure that it has all enabling systems in place including business partners, third party service providers and risk managements systems and controls to enable offering transactional services on the internet. While offering such services, the Payments Bank will be required to comply with RBI instructions on information security, electronic banking, technology risk management and cyber frauds.
Functioning as Business Correspondent (BC) of other banks – A Payments Bank may choose to become a BC of another bank for credit and other services which it cannot offer.
The Payments Bank cannot set up subsidiaries to undertake non-banking financial services activities. The other financial and non-financial services activities of the promoters, if any, should be kept distinctly ring-fenced and not comingled with the banking and financial services business of the Payments Bank.
The Payments Bank will be required to use the word “Payments” in its name in order to differentiate it from other banks.
Deployment of funds
The Payments Bank cannot undertake lending activities. Apart from amounts maintained as Cash Reserve Ratio (CRR) with RBI, minimum cash in hand and balances with a scheduled commercial bank/RBI required for operational activities and liquidity management, it will be required to invest all its monies in Government securities/Treasury Bills with maturity up to one year that are recognized by RBI as eligible securities for maintenance of Statutory Liquidity Ratio (SLR). The Payments Bank will participate in the payment and settlement system and will have access to the inter-bank uncollateralised call money market and the collateralised CBLO market for purposes of temporary liquidity management.
6. Capital requirement
Since the Payments Bank will not be allowed to assume any credit risk, and if its investments are held to maturity, such investments need not be marked to market and there may not be any need for capital for market risk. However, the Payments Bank will be exposed to operational risk. The Payments Bank will also be required to invest heavily in technological infrastructure for its operations. The capital will be utilised for creation of such fixed assets. Therefore, the minimum paid up voting equity capital of the Payments Bank shall be Rs. 100 crore. Any additional voting equity capital to be brought in will depend on the business plan of the promoters. Further, the Payments Bank should have a net worth of Rs 100 crore at all times. The Payments Bank shall be required to maintain a minimum capital adequacy ratio of 15 per cent of its risk weighted assets (RWA) on a continuous basis, subject to any higher percentage as may be prescribed by RBI from time to time. However, as Payments Banks are not expected to deal with sophisticated products, the capital adequacy ratio will be computed under simplified Basel I standards.
As the Payments Bank will have almost zero or negligible risk weighted assets, its compliance with a minimum capital adequacy ratio of 15 per cent would not reflect the true risk. Therefore, as a backstop measure, the Payments Bank should have a leverage ratio of not less than 5 per cent, i.e., its outside liabilities should not exceed 20 times its net-worth / paid-up capital and reserves.
7. Promoter’s contribution
The promoter’s minimum initial contribution to the paid up voting equity capital of Payments Bank shall be at least 40 per cent which shall be locked in for a period of five years from the date of commencement of business of the bank. Shareholding by promoters in the bank in excess of 40 per cent shall be brought down to 40 per cent within three years from the date of commencement of business of the bank. Further, the promoter’s stake should be brought down to 30 per cent of the paid-up voting equity capital of the bank within a period of 10 years, and to 26 per cent within 12 years from the date of commencement of business of the bank. Proposals having diversified shareholding and a time frame for listing will be preferred.
8. Foreign shareholding
The foreign shareholding in the bank would be as per the extant FDI policy.
9. Voting rights and transfer/acquisition of shares
As per Section 12 (2) of the Banking Regulation Act, 1949, the voting rights in private sector banks are capped at 10 per cent, which can be raised to 26 per cent in a phased manner by the RBI. Further, as per Section 12B of the Act ibid, any acquisition of 5 per cent or more of voting equity shares in a private sector bank will require prior approval of RBI. This will also apply to the Payments Banks.
10. Prudential norms
As the Payments Bank will not have loans and advances in its portfolio, it will not be exposed to credit risk and, the prudential norms and regulations of RBI as applicable to loans and advances, will therefore, not apply to it. However, the Payments Bank will be exposed to operational risk and should establish a robust operational risk management system. Further, it may face liquidity risk, and therefore is required to follow RBI’s guidelines on liquidity risk management, to the extent applicable.
11. Business plan
The applicants for Payments Bank licences will be required to furnish their business plans and project reports with their applications. The business plan will have to address how the bank proposes to achieve the objectives of setting up of Payments Banks. The business plan submitted by the applicant should be realistic and viable. Preference will be given to those applicants who propose to set up Payments Banks with access points primarily in the under-banked States / districts in the North-East, East and Central regions of the country. However, to be effective, the Payments Bank should ensure widespread network of access points particularly to remote areas, either through their own branch network or BCs or through networks provided by others. The bank is expected to adapt technological solutions to lower costs and extend its network. In case of deviation from the stated business plan after issue of licence, RBI may consider restricting the bank’s expansion, effecting change in management and imposing other penal measures as may be necessary.
12. Corporate governance
The Board of the Payments Bank should have a majority of independent Directors.
The bank should comply with the corporate governance guidelines including ‘fit and proper’ criteria for Directors as issued by RBI from time to time.
SOURCE :RBI
| |
Wednesday, May 13, 2015
Monetary ceiling of briefcase/ladles purses for official purposes -INDIA POST
Monetary ceiling of briefcase/ladles purses for official purposes -INDIA POST
F.No.34-1/2013-PAP
GOVERNMENT OF INDIA
MINISTRY OF COMMUNICATION AND IT
DEPARTMENT OF POSTS
(ESTABLISHMENT DIVISION)
DAK BHAWAN, SANSAD MARG, NEW DELHI – 110 001
THE 16th April, 2015
ALL HEAPS OF CIRCLES, ALL GM (PAF)/DAS (P), ALL DIRECTORS POSTAL STAFF COLLEGE INDIA/PTCs.
Sub: Monetary ceiling of briefcase/ladles purses for official purposes – reg.
I am directed to say that considering the suggestions of circle offices regarding issue related to increase/revise the monetary ceiling of financial limits of expenditure/reimbursement of expenditure on purchase of brlef-cases/ ladies purses for official purpose by the eligible/entitled officers, it has been decided by the competent authority to increase/revise the financial limits for reimbursement as under:-
Sl.No. Rank of Officer/Grade Pay Upper cost of ceiling Periodicity
1. Chief Postmaster General Rs. 8,000/- 3 years
2. Regional Postmaster General Rs. 6,500/- 3 years
3. Directors Postal Services and equivalent Rs. 5,000/- 3 years
4. Sr. Superintendent/Superintendent and equivalent Rs. 4,000/- 3 years
5. IPs/ASPs and equivalent Rs. 3,500/- 3 years
3. This is subject to the following term and conditions:-
The entitled officers/officials are free to procure briefcases/Iadies purses of their own choice from any of the private/public outlet. However, reimbursement shall be restricted to the above mentioned ceiling concomitant with the respective level/grade pay of officers/officials.
The periodicity of such briefcases/ladies purses should not exceed for 3 years’ time in any case.
The declaration should be obtained from the eligible/entitled officer at the time of reimbursement that no Brief Case/Ladies Purse has been supplied/reimbursed to him/her within the last three years.
The above ceiling is effective from the date of Issue of this order.
4. The expenditure in this connection will be met by the Circle/Region/Divlsion and Unit concerned.
5. This issues with the approval of Competent Authority.
(Maj. S. N. Dave)
Assistant Director General (Estt.)
 | |
Thursday, May 7, 2015
Flash News - Inspector Posts Exam Results - IP Examination 2014
Tuesday, May 5, 2015
Strike News - PROPOSED INDEFINITE STRIKE FROM 06TH MAY, 2015 STANDS DEFERRED
PROPOSED INDEFINITE STRIKE FROM 06TH MAY, 2015 STANDS DEFERRED
FLASH NEWS
PROPOSED INDEFINITE STRIKE FROM 06TH MAY, 2015 STANDS DEFERRED BASED ON THE ASSURANCES GIVEN BY HON`BLE MINISTER OF COMMUNICATIONS DURING THE MEETING HELD WITH BOTH THE SECRETARY GENERALS OF NFPE & FNPO IN PRESENCE OF SECRETARY (P), MEMBER (HRD) & DDG (SR) AT SANCHAR BHAWAN NEW DELHI AT 1 PM TODAY DATED 05.05.2015.DETAILS WILL FOLLOW.
CLICK HERE TO VIEW THE MINUTES
_________________________________________________
MINUTES OF THE MEETING HELD WITH PJCA REPRESENTATIVES
ON 30/04/2015 IN DAK BHAVAN, NEW DELHI
No. 08/07/2014-SR
Government of India
Ministry of Communications & IT
Department of Posts
(SR Division)
Dak Bhavan, Sansad Marg,
New Delhi, dated 5th May, 2015
Subject:- Minutes of the meeting held with PJCA representatives on 30/04/2015 in Dak Bhavan, New Delhi
Dear Sir,
Kindly find enclosed the minutes of the above meeting for information and necessary action at your end.
With regards,
Yours sincerely,
(Arun Malik)
Director (SR & Legal)
Shri R.N. Parashar
Secretary General
NFPE
Shri D. Theagarajan
Secretary General
FNPO
Minutes of the meeting held with the representatives of Postal Joint Council of Action (PJCA) on 30/04/2015.
The meeting was held with the representatives of PJCA on 30/04/2015 at 1100 hrs. in G.P. Roy Committee Room, Dak Bhavan under the Chairpersonship of Secretary (Posts). A list of participants is annexed.
At the outset Secretary (Posts) welcomed the participants and mentioned that we are meeting in connection with the strike call given by the PJCA. She appealed to the PJCA not to go on strike as this will help only our competitors.
Secretary General, NFPE also welcomed the participants and thanked Secretary (Posts) for convening this meeting. He requested that their grievances are settled so that they do not have to go on strike.
With the permission of the Chair the agenda items were taken up for discussion. After detailed deliberations on each point, following decisions were taken:-
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Subscribe to:
Posts (Atom)