Wednesday, November 19, 2014
No. CHQ/IPASP/GP/MACP/2013 Dated : 19/11/2014
Ms Kavery Banerjee,
Department of Posts,
Dak Bhavan, Sansad Marg,
New Delhi 110 001.
Sub: Request for grant of Grade Pay of Rs 5400/- to the ASPs after completion 4 years of regular service in G.P. of Rs. 4800/- earned under MACP Scheme
IP/ASP Association would like to bring to your kind notice that despite series of letters under even number dated 15/6/2013, 16/9/2013, 11/11/2013, 31/1/2014, 17/4/2014 and 1/9/2014 the issue of grant of GP of Rs. 5400/- to ASPs and PS Gr. B officers after completion of 4 years of regular service in GP of Rs. 4800/- earned under MACP Scheme has not yet been solved even after lapse of more than one year’s period. Secondly, present status of the case also not communicated to this Association.
It is therefore again and again requested to convey the approval of granting of Non Functional Grade Pay of 5400/- to all the ASP/PS Group B officers effective from the date they have completed 4 years regular service in Grade Pay of 4800/- at the earliest.
With warm regards.
Kisan Vikas Patra (KVP) re-launched today at Delhi
Salient Features of re-launched Kisan Vikas Patra :
1.Amount Invested doubles in 100 months ( 8 years & 4 months)
2.Available in denominations of Rs 1,000, 5000, 10,000 and Rs 50,000.
3.Minimum deposit Rs 1000/- and no maximum limit.
4.Certificate can be purchased by an adult for himself or on behalf of a minor or by two adults.
5.KVP can be purchased from any Departmental Post office. This facility will also be extended shortly to the designated branches of commercial Banks.
6.Facility of nomination is available.
7.Certificate can be transferred from one person to another and from one post office to another.
8.Certificate can be en-cashed after 2 & 1/2 years from the date of issue.
Table Showing Premature closure of KVP ( for Denomination Rs. 1000 )
2 and half years but less than 3 years
3 years but less than 3 and half years
3 and half years but less than 4 years
4 years but less than 4 and half years
4 and half years but less than 5 years
5 years but less than 5 and half years
5 and half years but less than 6 years
6 years but less than 6 and half years
6 and half years but less than 7 years
7 years but less than 7 and half years
7 and half years but less than 8 years
8 years but before maturity of the Certificate
On maturity of Certificate
8 Years 4 month = 100 months
Note : KVP is available in all post offices
Tuesday, November 18, 2014
Department of Posts
From: The Chief Postmaster-General,
Manjunatha Hubballi, C/S AI ASPOs & IPOs Assn, ASPOs, Sirsi Dn
Naveen Chander, President, ASP Bantwal Sub Dn., Bantwal.
N. Chandrashekar, C/P, AIPEU CL-III, Postmaster, HAL 2nd Stage HO, BG 560008
M.V. Ganesh, PA, Bangalore GPO 560001
P. Mallikarjuna, C/S AIPEU CL.IV & PM, Postman,Kalyan nagar PO, BG-43
S.N. Prabhakar, D/S, Postman, J.P. Nagar PO, Bangalore 560078
A. Srinivasa, C/S AIPEU R-III, SA, BCRMS, Bangalore 560023
M. Ramakrishna, SA, B.City TMO, Bangalore 560023
G Udayashankar Rao, C/S, AIRMS & MMS CL-IV,Bangalore 23
E. Govindaraju, MG, BCRMS, Bangalore 560023
K.C.Annappa Circle Secretary AIGDSU, BPM Kuluvanahalli BO,C’patna
S.C. Madhu, ACS, BPM, K. Gollahalli BO, A/w Kumbalagodu, Bangalore
B.Shivakumar ,C/S NUPE Cl-III, Jayanagar III Bl PO, BG 560011
Rangaswamy, PA, Channapatna HO, Channpatna 562160
G.L. Lamani, C/S, NURMS & MMS Cl-III, SA, BG PSO, Bangalore 560026
N. Chandrashekar, D/S, NUR-3, B.City RMS, Bangalore 560023
J.Krishna, C/P, NU R-IV , Mail Guard Bg City RMS, Bg -560023
Mallikarjuna ACS, NUR-IV, MTS, BCRMS, Bangalore 560023
K.C.Gangaiah C/S, NUPE Cl-IV, Stg Postman, Malleswaram West PO BG-560055
D.K. Srinivasachari, Postman, J.C. Nagar PO, Bangalore 560006
K.S. Keshava C/S, SBCEU, O/o PMG, SK Region, Bg GPO-1
Venkatesh, PA, AO(ICO), O/O CPMG, Bangalore 560001.
Sub: Bi-monthly Meeting with DPS(HQ) by Service Associations/Unions.
The Bi-monthly Meeting with DPS scheduled to be held on 18.11.2014 at Circle Office is postponed to 21.11.2014. You are requested to make it convenient to attend the same.
AIGDSU: 1100hrs to 1130hrs
SBCEU: 1130hrs to 1200hrs
FNPO: 1200hrs to 1230hrs
NFPE: 1230hrs to 1300hrs
ASP/IP: 1430hrs to 1500hrs
/G.N. Lakshmi prasad/ Asst.Director (EST & Trg) O/O CPMG, Karnataka Circle ,Bangalore-1
1. The PMG, SK Region, BG-1,
2. The SSPOs BG East/West/South Dn./SPOs, Channapatna/SSRM, BG Stg.Dn., Bangalore/CPM, BG GPO/APMG(Staff), CO.
3. The SSPOs/SPOs, Sirsi/Puttur are requested to make necessary relief arrangement to the officials to attend the meeting.
4. The PA to DPS, O/O CPMG, Karnataka Circle
5. The Office Supdt. CO, BG for information and n/a please.
Asst.Director(EST & Trg)
O/O CPMG, Karnataka circle Bangalore-1
Merger of ASP cadre in to PS Gr.B cadre/cadre restructuring ......Meeting at Directorate
As everybody aware that CHQ has already submitted a proposal of merger of ASP cadre in to PS Gr. B cadre to Directorate on 20/11/2013. The queries raised by Directorate letter under No. 25-35/2011-PE-I dated 19/5/2014 were also quickly replied by CHQ on 14/6/2014. Meeting which was fixed by Directorate on 16/9/2014 was cancelled due to some administrative reasons, and now Directorate has decided to hold meeting within next 10 to 12 days.
During the course of meeting with 7CPC at Mumbai on 7/11/2014, Hon'ble Chairman advised to the representatives of this Association to pursue merger matter with DOP and outcome of the issue should be reported to them by separate note. CHQ has already linked up the merger issue with cadre restructuring subject, as the result of 2nd cadre review was not implemented by DOP even though presidential sanction was issued in 1990 for up-gradation of 245 posts to PS Gr. B. Senior members know this issue very well. During the course of ensuing meeting, all these issues will be discussed in the interest of cadre only.
Hon'ble Finance Minister Shri Arun Jaitley will relaunch the Kisan Vikas Patra (KVP) on 18/11/2014
The Union Finance Minister Shri Arun Jaitley will re-launch the Kisan Vikas Patra (KVP) here tomorrow in the presence of Shri Ravi Shankar Prasad, Union Minister of Communication and IT and Shri Jayant Sinha, Minister of State for Finance among others. Increasing savings rate in the economy was one of the priorities of the new Government on assuming charge. In view of the popular demand and to revitalize Small Savings, the Finance Minister in para 27 of his Budget Speech announced that “Kisan Vikas Patra (KVP) a very popular instrument among small savers will be reintroduced The instrument will encourage people, who may have banked and unbanked savings to invest”. Accordingly, it is decided to reintroduce Kisan Vikas Patras (KVPs). KYC norms regarding all National Savings Schemes (NSS) are now applicable in post offices and banks w.e.f. January, 2012.
The re-launched Kisan Vikas Patra (KVP) will be available to the investors in the denomination of Rs. 1000, 5000, 10,000 and 50,000, with no upper ceiling on investment. The certificates can be issued in single or joint names and can be transferred from one person to any other person / persons, multiple times. The facility of transfer from one post office to another anywhere in India and of nomination will be available. The certificate can also be pledged as security to avail loans from the banks and in other case where security is required to be deposited. Initially the certificates will be sold through post offices, but the same will soon be made available to the investing public through designated branches of nationalised banks.
Kisan Vikas Patras have unique liquidity feature, where an investor can, if he so desires, encash his certificates after the lock-in period of 2 years and 6 months and thereafter in any block of six months on pre-determined maturity value. The investment made in the certificate will double in 100 months.
Reintroduction of Kisan Vikas Patra (KVP) is a welcome step not only in the direction of providing safe and secure investment avenues to the small investors but will also help in augmenting the savings rate in the country. The scheme will also safeguard small investors from fraudulent schemes. With a maturity period of 8 years 4 months, the collections under the scheme will be available with the Govt. for a fairly long period to be utilized in financing developmental plans of the Centre and State Governments and will also help in enhancing domestic household financial savings in the country.
Kisan Vikas Patra (KVP) – a certificate savings scheme was launched by the Government on 1st April, 1988. The scheme provided facility of unlimited investment by way of purchase of certificates from post offices in various denominations. The maturity period of the scheme when launched was 5 ½ years and the money invested doubled on maturity. The scheme was very popular among the investors and the percentage share of gross collections secured in KVP was in the range of 9 % to 29 % against the total collections received under all National Savings Schemes in the country. Gross collections under the scheme in the year 2010-11 were Rs. 21631.16 crores which was 9 % of the total gross collections during the year. In the year of its closure, the scheme secured gross collections of Rs. 7575.95 crores (April 2011 to November 2011).
Venue of function : Banquet Hall, Hotel Ashok, Chankayapuri, New Delhi at 10.00 am dated 18/11/2014
Venue of function : Banquet Hall, Hotel Ashok, Chankayapuri, New Delhi at 10.00 am dated 18/11/2014
Friday, November 14, 2014
7th CPC News : Commission's visit to Hyderabad
The Commission, headed by its Chairman, Justice Shri A. K. Mathur, proposes to visit Hyderabad from 18th to 20th November, 2014. The Commission would like to invite various entities/associations/federations representing any/all categories of employees covered by the terms of reference of the Commission to present their views.
Your request for a meeting with the Commission may be sent through e-mail to the Secretary, 7th Central Pay Commission at email@example.com. The memorandum already submitted by the requesting entity may also be sent as an attachment with this e-mail.
The last date for receiving request for meeting is 17th Nov. 2014 (1700 hours).