Tuesday, May 24, 2016

Transfer, Postings & Promotion to ASP cadre order issued by PMG North Karnataka Region Dharwad...

Transfer and Postings of ASP's to PSS Gr "B" cadre on adhoc promotion issued by PMG North Karnataka Region Dharwad

Preservation period of records at Branch Offices

Branch Office Account (Pa.6)
3 years after they are used
BO Journal (Pa-5), BO slips
3 years after they are used
Book of BO receipts (Ms-87(a))
2 years after they are used
Regd lists/Parcel lists/Mail lists
2 years after they are used
Invoices received from P.S.D
3 years.
BO Slips
2 years.
Order Book/Stock Book
To be destroyed after special permission from Divisional Head
Postman book (ms-87)
2 years
Book of postmarks
2 years
Depatmental Circulars
Enumeration returns
5 years
Yearly Value Returns(YVR))
5 years

(Rule 21 of Branch Offices Rules)

Note: The records i.e Order book, Stock book, Postman book and Book of Postmarks should be destroyed by fire in presence of BPM or otherwise, in such a manner that they may not be used again. Other record should be torn up and sold as waste paper by BPM and credit sale proceeds to “UCR”.

Amazon India will no longer offer refunds on electronics

NEW DELHI: Amazon India has silently upgraded its return policy for electronic items. As per the new guidelines , electronics are no longer eligible for refunds. However, customers can still get defective items replaced. It is important to note that this is applicable only for products that are fulfilled by Amazon. For items that are seller-fulfilled, it is up to the seller to issue refunds for items that can't be repaired or replaced.

"Mobile phones, tablets, laptops, desktops, monitors, cameras and camera lenses that are fulfilled by Amazon are not eligible for refund and have a replacement only policy. In case you have received a defective or a damaged mobile phone, tablet, laptop, desktop, monitor, camera or camera lens that is fulfilled by Amazon, you will be eligible for a free replacement by the seller as per the product replacement policies provided on Amazon.in," according to the company.

Amazon India did not clarify what will happen if the seller cannot provide replacements for electronic items fulfilled by Amazon.

For refurbished electronics like mobiles, tablets and laptops, Amazon India will issue refunds if the customers return the same within 10 days of purchase.

According to the company, products that are 'Fulfilled by Amazon' indicate that "they are stored, packed and dispatched by Amazon."

Clarification of refund of RD Default fee when Finacle is down in CBS Post offices

Crucial and decisive meeting on 7th pay commission likely on 11th June

It is reported that the secretaries panel will finally hear out all the stakeholders, including the Central ministries and Departments, and finalise its report, which will be handed over to the government on June 30.

Sources added that even the Prime Minister's Office is keen on a favourable pay hike for the central government employees, so the panel is likely to recommend a minimum salary at Rs 24,000 and the highest salary at Rs 2,70,000.

India Post Payments Bank Will Be Functional By March 17: IT Minister

He said the proposed India Post payments bank will have immense potential to sell third party product and services.

Hyderabad: India Post's payments bank will start functioning from March 2017 and serve as a wider platform to implement financial inclusion programmes, IT & Communications Minister Ravi Shankar Prasad said on Sunday.
"We are going to start the postal payments bank by March 2017. Very soon we will go to the Cabinet and postal payments bank will become operational from March 2017," Prasad told reporters here.

He said the proposed India Post payments bank will have immense potential to sell third party product and services. About 50 companies, including some from abroad, are keen to partner with postal department for the payments bank, like World Bank, Citi from America, Barclay's from England, he said.

Reacting to a query, he said these institutions will offer third party services like insurance products, mutual funds, banking instruments and a variety of financial instruments. Asked on the interest shown by these institutions, the minister said, "...that board will decide, I'm only saying value addition of postal department it is attracting so much global attention." "...they will decide how much to give them. It is a call they will take," he said.

The payments bank of postal department will become a big platform of financial inclusion, Prasad said. "We are going to invest about Rs 800 crore -- Rs 400 crore will be invested by  the department and the remaining amount will be equity part (mobilised as equity)," he said.

"Postal department has the widest network in India. We have 1,54,939 post offices in the country, out of that 25,560 are departmental post offices and 1,29,379 are branch post offices," he said.

"Under (Prime Minister) Narendra Modi, we have decided to re-energise the postal department for India's growth and financial inclusion," he further said. In August 2015, the RBI had given in-principle approval to 11 entities to start payments bank, including the postal department.

The approval is valid for 18 months and all the entities are required to submit a detailed business plan after which they shall be given the final nod.