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Saturday, February 28, 2015

Notified Recruitment Rules of various posts under each Ministry/Department.

Budget 2015-16 Marks the Beginning of Co-Operative Federalism and Empowerment of the States

Postal Network Spread Across the Country to be Used for Increasing Access to Formal Financial System

 
 
 
 The Finance Minister, Shri Arun Jaitely presenting the Union Budget 2015-16, here today, said that the government is committed to increasing access of the people to the formal financial system. In this context, Government proposes to utilize the vast Postal network with nearly 1,54,000 points of presence spread across the villages of the country . The Minister hoped that the Postal Department will make its proposed Payments Bank venture successful so that it contributes further to the Pradhan Mantri Jan Dhan Yojana.

Shri Jaitley said that to bring parity in regulation of Non-Banking Financial Companies (NBFCs) with other financial institutions in matters relating to recovery, it is proposed that NBFCs registered with RBI and having asset size of Rs. 500 crore and above will b considered for notifications as ‘Financial Institution’ In terms of the SARFAESI Act, 2002.
Source : PIB

Highlights of Union Budget 2015

  Press Trust of India | New Delhi | February 28, 2015 1:24 pm
   
Following are the highlights of the Union Budget 2015-16 presented by Finance Minister Arun Jaitley in Parliament today:
 
* No change in personal Income Tax

 * Health Insurance Premium deduction hiked from Rs 15,000  to Rs 25,000; for senior citizens to Rs 30,000

 * Transport allowance exemption hiked to Rs 1,600, from Rs  800 per month

 * Additional 2% surcharge on people earning over Rs 1 cr;  to fetch Rs 9,000 cr

 * Wealth tax abolished

 * Direct Taxes Code (DTC) dropped

 * Rs 50,000 deduction for contribution to New Pension  Scheme

 * To lower Corporate Tax to 25% over next four years

 * GAAR implementation deferred by 2 years to April 2017

 * Service Tax rate hiked to 14%, from 12.36%

 * Tax free bonds for roads, railways, irrigation projects

 * 2015-16 growth between 8-8.5%, double digit growth  feasible

 * Retail inflation close to 5% by March, room for monetary  policy easing

 * To achieve fiscal deficit of 3% of GDP by 2017-18

 * Fiscal Deficit target 3.9% in 2015-16, 3.5% in 2016-17

 * Revenue Deficit to be 2.8% in 2015-16

 * Current Account Deficit for 2014-15 to be below 1.3% of  GDP

 * To introduce comprehensive law to deal with black money

 * Benami property transaction bill to tackle black money  transaction in real estate soon

 * 100% deduction for contribution to Swachh Bharat, Clean  Ganga projects

 * GST to be put in place by April 1, 2016

 * Internationally competitive direct tax regime to be put  in place to incentivise saving

 * Incentivise use of credit, debit cards; disincentivise  cash transaction to curb black money.

Link pay of government workers with productivity, recommends finance panel

NEW DELHI: The 14th Finance Commission has suggested linking pay with productivity with a focus on technology, skills and incentives, a move aimed at raising the productivity of government employees.

The panel has recommended that in future additional remuneration be linked to increase in productivity.

The Seventh Pay Commission is expected to submit its recommendations by August and it has been asked to look at the issue of raising productivity and improving the overall quality of public services in the country.

The Sixth Pay Commission had also said that steps should lead to improvement in the existing delivery mechanism by more delegation and de-layering and an emphasis on achieving quantifiable and concrete end results. Emphasis is to be on outcome rather than processes, it had said. The earlier Pay Commissions had also made several recommendations to enhance productivity and improve administration.

The 14th Finance Commission's recommendations assume significance at a time when the Narendra Modi government has focused its attention to improve the delivery of public services and is taking steps to use technology to improve efficiency.

READ ALSO: 14th Finance Commission recommendation — Key messages for Centre-state relations

The Union government has taken several steps to shore up the bureaucracy and has changed the way attendance is measured in government offices.

"Further we recommend that Pay Commissions be designated as Pay and Productivity Commissions with a clear mandate to recommend measures to improve productivity of an employee," said the 14th Finance Commission headed by former Reserve Bank of India Governor Y.V. Reddy.

READ ALSO: The 14th Finance Commission empowers states by putting more money in their hands

The Reddy panel said productivity per employee can be raised through the application of technology in public service delivery and in public assets created.

"Raising the skills of employees through training and capacity building also has a positive impact on productivity. The use of appropriate technology and associated skill development require incentives for employees to raise their individual productivities," the Reddy led panel said.

READ ALSO: With Finance Commission recommendations, Centre-state relations set to undergo dramatic change

"A Pay Commission's first task, therefore, would be identify the right mix of technology and skills for different categories of employees. The next step would be to design suitable financial incentives linked to measureable performance," the panel said.

READ ALSO: States in the red get lifetime from Finance Commission 

 An internal study by the Commission showed that the expenditure on pay and allowances (excluding expenditure for Union territories) more than doubled for the period 2007-08 to 2012-13 from Rs 46,230 crore to Rs 1.08 lakh crore.

Brief resume of the discussions made by NC JCM ( Staff Side) with the Pay Commission and the Secretary ( Personnel) on 25.02.2015

 
 

Minutes of the 26th SCOVA meeting held on 03-02-2015

E-mail policy of Government of India

Click here to view the Gazette Notification

UPU News : High-level speakers confirmed for World Strategy Conference

27.02.2015 - Postal and communication ministers, heads of international organizations and postal chief executives from across the globe will be speaking at the UPU’s World Strategy Conference in April.

Discussions will focus on how to ensure the Post can respond to customer needs in challenging times (Photo: Canada Post)

Among member-state representatives are Fred Matiangi, Kenyan minister of information, communication and technology, Yasuo Sakamoto, Japan's vice-minister of internal affairs and communication, and Csaba Polacsek from the Hungarian Prime Minister’s Office, among others. 
 
They will be joined by the chief executives of Canada Post (Deepak Chopra), La Poste France (Philippe Wahl) and Saudi Post (Mohamed Saleh ben Taher Benten). Regulators from Norway, Belgium, Lithuania and Argentina will also bring their insights into the challenges and opportunities facing postal services around the world. 
 
William Lacy Swing, the International Organization for Migration’s director general, and Arancha Sanchez, the International Trade Centre’s head, will contribute to the discussions on migration and trade facilitation. 
 
From April 13-14 2015, some 40 speakers will take part in nine panels covering issues affecting the postal sector today and in future.
 
The first day will set the scene and take stock of progress achieved so far by the UPU’s current four-year roadmap, the Doha Postal Strategy. 
 
Participants will also survey the current economic environment and explore how the postal sector’s use of innovation can ensure its future success. 
 
Day Two will focus on the need for effective policy and regulation to keep the postal sector as relevant as ever in the 21st century and strengthen its capacity for social, financial and economic inclusion.

Friday, February 27, 2015

Government staff’s dharna on March 2

The Puducherry Government Employees Federation (PGEF) on Thursday announced a dharna on March 2 urging the Union Government to meet a charter of demands, including the retrospective implementation of the Seventh Pay Commission recommendation from January 1, 2014.
 
The PGEF honorary president C.H. Balamohanan, general secretary M. Premadasan and other office-bearers announced the dharna in solidarity with the Central Government Employees and Workers Federation which has called for a series of protests across the country.
 
Mr. Balamohanan said service conditions and rules pertaining to the Central government employees are also applicable to 25,000 government employees in Puducherry as well.
 
Demanding salary revision once in five years, the officer bearers of the federation said now the salaries of Central government employees here have been revised once in 10 years and even though the Union Government has constituted the Seventh Pay Commission on January 1, 2014, there is no symptom of giving its final recommendation within eighteen months.
 
“We demand that Seventh Pay Commission recommendation should be applied with retrospective effect from January 1, 2014 and interim monetary benefit should be extended immediately. Besides, 100 per cent dearness allowance should be merged with basic pay and anomalies in the implementation of Sixth Pay Commission should be removed,” said Mr. Balamohanan.
 
They also said the government should give up the privatisation of railway and defence and the corporatisation of postal department and should fill vacant posts after lifting the ban on recruitment.
 
The federation also demanded the Union Government not to amend labour laws.
 
Meanwhile, Central trade unions on Thursday conducted a road blockade near Indira Gandhi Square. Earlier they took out a procession from Ellaipillaichavadi. Trade union leaders condemned the Union Government for amending labour laws and adopting ordinance route to amend Land Acquisition Act.
 
They said the Centre has not shown any interest on the charter of demands of all central trade unions.
 
The leaders also charged the government with implementing contract labour systems in all sectors.
 
Around 150 of them were taken into custody by police and later released.
Around 150 Central trade union members held for road blockade
 

BOOK ON COM. S. K. VYAS, THE LEGENDARY LEADER OF CENTRAL GOVT EMPLOYEES

Confederation CHQ has decided to publish a book on Com Vyasji, who had been the Secretary General & President of Confederation for about 45 years. Interested leaders and other comrades are requested to send their BRIEF WRITE-UPS ON THE RARE AND SPECIAL INCIDENTS/ MOMENTS EXPERIENCED BY THEM IN CONNECTION WITH COM:  VYASJI'S TRADE UNION LIFE. Photographs of Com. Vyasji, which deserves special attention, may also be sent. All write-ups and photos should reach Confederation CHQ (1st Floor, North Avenue Post Office, New Delhi- 110001) on or before 31st March 2015. All are requested to send by EMAIL ALSO (confederationhq@gmail.com OR mkrishnan6854@gmail.com).

ONLY SELECTED ITEMS WILL BE PUBLISHED

M. Krishnan
Secretary General
Confederation

Addendum to S B Order No. 02./2015 - Sukanya Samridhi Account

 

PFRDA Circular

Leaflet on Sukanya Samridhi Account.

 

India Post targets 50-fold growth in e-commerce revenue

BENGALURU: Internet retailers may have been the bane of the  brick-and-mortar retail trade and a pain for the old order of things, but for  one relic from the past, they are a proving to be a veritable godsend.

For India Post, a 240-year-old straggler long fighting for relevance in a  digital economy, the explosive growth in this new-age business has offered it a  fresh lease of life and given it the luxury of dreaming big.

 These dreams have been bolstered by firms such as Flipkart and Amazon signing up for its services and with the theatre of  activity for the fastgrowing ecommerce sector now moving to the country's remote  corners.

The Department  of Posts is targeting a seemingly implausible 50-fold increase in ecommerce  revenues. "With decline in document shipments, ecommerce is our department's new  focus," a top official at the Department of Posts, told ET. "We are targeting Rs .5,000 crore in revenue from this segment alone in the next 24 months." It won't be an easy  task given that in the previous fiscal year to end-March 2014, it earned Rs  10,750 crore in overall turnover.

This year, it is on course to earn Rs  100 crore as delivery revenues from ecommerce firms, giving the department's  claims a dark ring of incredulity as it is looking at a 50-fold jump in just two  years. But officials point out that India Post had managed to expand ecommerce delivery revenues from Rs 20 crore toRs 100 crore in just a year, and given the explosive growth  the sector is seeing, an exponential increase in revenues is not impossible. The  department started cash on delivery pilots with Amazon in 2013. But the service  picked up steam only in 2014, when it signed up players such as Flipkart,  Snapdeal and Shopclues.

Karnataka and Haryana currently account for most  ecommerce shipments followed by Delhi, Maharashtra and Andhra Pradesh. India's  onlineretail industry is expected to soar to $23 billion (Rs 1.4 lakh crore) by 2018  from about $2 billion in 2013. The overall ecommerce sector, including online  travel bookings, is projected at $43 billion by 2018, according to Nomura. To be sure, India Post will not have  it easy, competing as it will be with several large logistics firms such as FedEx, DTDC, Blue DartBSE 1.35 % and DHL  as well as a rash of startups such as Ecom Express and Delhivery that have  jumped on to the bandwagon.
 

LEVERAGING ITS VAST NETWORK

 India Post, founded as an  arm of the East India Company, was a vital strategic institution for decades but  its relevance declined dramatically as the rise of the Internet and use of  emails for communication made its postcards and inland letters increasingly  redundant.

But despite its mainstay business staring at oblivion, the  department continued to have several advantages over its competitors, most  notably its vast network of 1.5 lakh offices and an army of about 5.5 lakh employees across the  country.

India Post has begun leveraging that strength now. It has begun  training its postmen in ecommerce-specific requirements, such as accepting cash  or card payments on delivery - crucial for online retailers in India - and  handling same-day shipments. It also plans to open about 60 so called fulfilment  centres, where goods are stored and sorted before deliveries, across the country  this year for its ecommerce business.

For instance in Bengaluru, India Post will invest Rs  1 crore to decentralise packaging and ecommerce parcel services by establishing  warehouses across the city, according to MS Ramanujan, Chief Post Master  General, Karnataka Circle. To compete with DHL, India Post plans to buy land  near the airport to establish a warehousecum-parcel centre, he said.

In Bengaluru and Gurgaon, India Post is already handling about 13,000 and 20,000  shipments, respectively, every day. "We are currently stretched to our limits.  Opening ecommerce specific warehouses will lessen the load on post offices,"  said the official of the Department of Post, quoted  earlier.

LESSONS FROM THE WEST

India Post can  take heart from the experience of other countries where explosive growth of
ecommerce has changed fortunes of their state-run postal departments.

In the West, government postal services  have gained the most from the ecommerce sector.

"The US Post is expected  to earn half of its revenues from ecommerce package deliveries by 2020. Deutsche  Post in Germany and Australia Post have also done well," said Arvind Singhal,  head of retail advisory firm Technopak.


Its customers, many of whom are now looking to spread their wings in the  hinterland to tap the market potential in India's small towns and villages, have good things to say.

"Given the vastness  of our country, India Post plays a key role in offering a seamless experience  for our customers who are located in the most remote parts of India," said  Neeraj Aggarwal, senior director, supply chain, at Flipkart, which has been  working with India Post since last year in addition to its own logistics firm  Ekart.

India's ecommerce logistics market is expected to gross over Rs  7,200 crore ($1.2 billion) this year.

According to consulting firm PricewaterhouseCoopers, ecommerce firms will  need about 15 million sq ft of warehouse space by 2017, up from about 1.7  million sq ft available now. "Getting manpower for last-mile delivery and high  expectations of same-day delivery due to technology integration are major  challenges for us," said an official at a large ecommerce logistics player,  declining to be identified. Shrinking air cargo space and rising costs have also put pressure on private companies to increase shipment rates. "I don't see  shipment costs going down in 2015," said Mohit Tandon, cofounder at  Gurgaon-based logistics startup Delhivery. India Post claims an advantage here,  too.