Consumer Price Index Numbers for Industrial Workers (CPI-IW) September 2012

The All-India CPI-IW for September, 2012 rose by 1 point and pegged at 215 (two hundred and fifteen). On 1-month percentage change, it increased by 0.47 per cent between August and September compared with 1.55 per cent between the same two months a year ago.

The largest upward contribution to the change in current index came from food items which increased by 0.87 per cent, contributing 0.68 percentage points to the total change. At item level, largest upward pressure came from Rice, Wheat & Wheat Atta, Grinding Charges, Arhar Dal, Eggs-Hen, Fish Fresh, Goat Meat, Milk-Buffalo, Tea (readymade), etc. Miscellaneous items like Electricity Charges, Fire wood, Medicine (Allopathic), etc. also put upward pressure in total change.

The largest downward contribution to the change in current index came from Vegetables and Fruits with a decline of 4.38 per cent, contributing (-) 0.67 percentage points to the total change. The main downward pressure came from Tomato, Chilies-Green Apple & Banana.

The year-on-year inflation measured by monthly CPI-IW stood at 9.14 per cent for September, 2012 as compared to 10.31 per cent for the previous month and 10.06 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 11.00 per cent against 12.20 per cent of the previous month and 8.29 per cent during the corresponding month of the previous year.

At centre level, Chhindwara recorded the largest increase of 8 points followed by Jalpaiguri and Ranchi Hatia (7 points each), Nasik (5 points) and Jharia (4 points). Among others, 12 centres registered a rise of 3 points followed by 2 points in 16 centres and 1 point in 22 centres. Giridih centre reported a decline of 3 points followed by Bhilwara with 2 points and other 7 centres registered a fall of 1 point each. Rest of the 14 centres’ indices remained stationary.

The indices of 40 centres are above All-India Index and other 37 centres’ indices are below national average. Ghaziabad’s index remained at par with all-India index.

The next index of CPI-IW for the month of October, 2012 will be released on Wednesday, November 30, 2012. 

Source : PIB Release Oct. 31, 2012

Scheme for payment of pensions to postal pensioners through nationalised banks

Click here to view details

Step by step guide for Implementation of e-Procurement in Central Public Procurement Portal -reg

Click here to view Department's letter No. 12-9/2011-UPE dated 19/23-10-2012

Observance of Vigilance Awareness Week - 2012

 

 

Postman/Mail Guard/LGO Officials including MTS Training at WCTC, Circle Office, Bhubaneswar

  Department of Posts, India

Office of the Senior Superintendent of Post Offices

Bhubaneswar Division, Bhubaneswar-751009

 Memo No.B.12-32(Trg)/2003,                                         Dated at Bhubaneswar the 30.10.2012

            Pursuant to C.O. letter No.TO/1-1/2012 dated 17.10.2012 received through eMail on 18.10.2012 at 11.04 Hrs, the following officials of Bhubaneswar Division are hereby directed to undergo Postman/Mail Guard/LGO Officials including MTS Training at WCTC, Circle Office, Bhubaneswar as per the programme detailed below.

           

Period of Training	Officials to undergo the training S/S	Relieving Arrangement
(I) 18.02.2013 to 22.02.2013	1. Sri Surendranath Panda Postman,Chandrasekharpur SO	ASPOs I/C,BBSR North Sub Division will make necessary relieving arrangement
	2.Sri Mohan Parida Postman,KIIT SO	-do-
	3.Sri Kedar Guru Postman,Mancheswar Colony SO	-do
	4.Sri Sankha Majhi Postman,Sailashree Vihar SO	-do-
	5.Sri Paramanda Naik Postman,Sahidnagar MDG	-do-
	6. Aswini Ku. Devdas Postman,Ashoknagar MDG	-do-
	7.Mina Kumari Samal Postman,Bhubaneswar GPO	Sr. Postmaster,Bhubaneswar GPO will make necessary relieving arrangement
25.02.2013 to 01.03.2013	1.Sri Arun Ku. Jena Postman,BJB Nagar SO, attached to Khandagiri SO	IP,BBSR South Sub Division will make necessary relieving arrangement
	2.Hadibandhu Patra Postman,Ashoknagar MDG	ASPOs I/C,BBSR North Sub Division will make necessary relieving arrangement
	3.Sri Srikanta Mahalik Postman,Nayapalli SO	ASPOs I/C,BBSR North Sub Division will make necessary relieving arrangement
	4.Sri Bisikesan Sethi Postman,Bhubaneswar GPO	Sr. Postmaster,Bhubaneswar GPO will make necessary relieving arrangement
	5.Sri Ashok Ku. Sahoo Postman,Utkal University MDG attached to GGP SO	ASPOs I/C,BBSR North Sub Division will make necessary relieving arrangement
	6.Sri Jadumani Sethi Postman,Astarang SO	IP, Nimapara Sub Division will make necessary relieving arrangement
	7.Aeisan Khan Postman,Bhoinagar SO	ASPOs I/C,BBSR North Sub Division will make necessary relieving arrangement
04.03.2013 to 08.03.2013	1.Sri Niranjan Nayak Postman,Baramunda Colony SO	ASPOs I/C,BBSR North Sub Division will make necessary relieving arrangement
	2.Mohmmed Asgar Postman,Bhubaneswar GPO	Sr. Postmaster,Bhubaneswar GPO will make necessary relieving arrangement
	3.Sri Dibakar Das Postman,Bhoinagar SO	ASPOs I/C,BBSR North Sub Division will make necessary relieving arrangement
	4.Sri Babuli Ch. Pradhan Postman,Bhubaneswar GPO	Sr. Postmaster,Bhubaneswar GPO will make necessary relieving arrangement
	5.Sri Surendra Sethi Postman,Gop SO	IP, Nimapara Sub Division will make necessary relieving arrangement
	6.Sri Subash Ch. Patra Postman,Sahidnagar MDG	ASPOs I/C,BBSR North Sub Division will make necessary relieving arrangement

 

11.03.2013 to 15.03.2013	1.Sri Shyam Sundar Mukhi MTS,Bhoinagar SO	ASPOs I/C,BBSR North Sub Division will make necessary relieving arrangement
	2.Sri Laxmidhar Maharathi MTS,BBSR-2 MDG	IP,BBSR South Sub Division will make necessary relieving arrangement
	3.Sayed Sakilur Raheman MTS,Bhubaneswar GPO	Sr.Postmaster,BBSR GPO will make necessary relieving arrangement
	4.Sri Nabaghan Mallick MTS,Utkal University MDG	ASPOs I/C,BBSR North Sub Division will make necessary relieving arrangement
	5.Sri Prasanna Ku. Mohanty MTS,BBSR GPO	Sr. Postmaster,Bhubaneswar GPO will make necessary relieving arrangement
	6. Sri Janaki Ballav Mohanty MTS,Divisional Office,BBSR	IP,BBSR South Sub Division /ASPOs(Hq),BBSR Divn.will make necessary relieving arrangement

No leave of any kind will be granted during the training period including journey time. 

It must be ensured that the seats allotted are fully utilized.

Sr. Supdt.. of Post Offices

Bhubaneswar Division

Bhubaneswar-751009

Copy for information and necessary action to:

1. The Asst. Director (TO), O/o the Chief P.M.G. (Orissa), Bhubaneswar-751001 w.r.t. C.O. letter no. TO/1-1/2012 dated 17.10.2012 received through eMail on 18.10.2012 at 11.04 Hrs.
2. The Senior Postmaster, Bhubaneswar GPO, Bhubaneswar-751001.
3. ASPOs (Hq), BBSR Divn.He will please monitor for timely relief of the staff.
4. All ASPOs and IPs in BBSR  Division
5. The Postmasters / Sub Postmasters concerned.
6. The officials concerned.
7. Staff-II branch, Divisional Office, Bhubaneswar.Timely relieving of the above stated officials should be insured.
8. The Accountant, Divisional Office, Bhubaneswar.

7.   Office copy.

Sr. Supdt. of Post Offices

Bhubaneswar Division

Bhubaneswar-751009

Revision of Pension/Family Pension, of Pre-2006 Pensioners of the Ministry of External Affairs

MINISTRY OF EXTERNAL AFFAIRS, NEW DELHI.

ATTENTION ALL PRE-2D06 PENSIONERS/FAMILY PENSIONERS OF

THE MINISTRY OF EXTERNAL AFFAIRS, NEW DELHI.

All Pensioners / Family Pensioners of the Ministry of External Affairs whose pension/family pension has not yet been revised in pursuance of the implementation of the 6th CPC and reviaed Pension Payment Order (PPO) has not been issued. are requested to contact any of the following officers in the Ministry of External Affair to facilitate the revision of their pension/family pension.

Shri Suneet Mehta, Under Secretary (Pension). Tel # 011-49015368.

Shri B B Bhattacharjee, Administrative Officer (Pension), Tel '# 011- 49015388

Shri AK Santra, Administrative Officer (Pension), Tel # 49015388.

E-mail: uscadre@mea.gov.in, pension@mea.gov.in

Interested pensioners / family pensioners. may also visit the Ministry at the following address:

Pension Section.

Ministry of External Affairs.

Room No. 4091 (4th floor), B-Wing.

Jawaharlal Neheru Bhavan,

23-0. Janpath, New Delhi - 110011

HOLDING OF LIMITED DEPARTMENTAL COMPETITIVE EXAMINATION FOR FILLING THE POSTS OF POSTMEN/MAIL GUARDS AND MULTI TASKING STAFF AS PER REVISED RECRUITMENT RULES.

No. A-34012/01/2012-DE

Government of India

Ministry of Communications &IT

Department of Posts,

(DE Section)

Dak Bhawan, Sansad Marg. 

New Delhi-110116           

Dated 19^th   October, 2012      

 1.       All Chief Postmasters General,      
 2.       All Postmasters General,      

SUB:     HOLDING OF LIMITED DEPARTMENTAL COMPETITIVE EXAMINATION FOR FILLING THE POSTS OF POSTMEN/MAIL GUARDS AND MULTI TASKING STAFF AS PER REVISED RECRUITMENT RULES.    

  
Sir/Madam,      

           I am directed to invite a kind reference  to the letter of even number dated 8-10-2012 wherein a detailed schedule was  prescribed for holding of LDCE for Postmen/Mail guard and MTS      

 2.     Subsequently, the nodal branch staff  section vide letter no. no. 45-2/2011-SPB.1 dated 18-10-2012 issued detailed  instructions to the circles for filling the vacancies by holding separate examinations  for each year vacancies and given specific schedule and to complete the process  by 30^th  June 2013.      

 3. In view of this revised position, the schedule given by DE section has no more operative and the instructions dated 8-10-2012 is withdrawn with immediate effect. The circles are requested to follow the guidelines issued by SPB.1 section letter no. 45-2/2011-SPB.1 dated 18-10-2012 scrupulously.      

 4.   This issues with the approval of Competent Authority.      

     Yours faithfully,      

            Sd/- 

 (K.Rameswara Rao)      

Assistant Director General (DE)     

How to transfer PPF account to another post office or bank

The rules applicable to the Public Provident Fund (PPF) allow a transfer of account from the post office or bank where it is held, to another post office or other branches of the same bank, or other authorised banks. An investor can choose to transfer his account if a change in his location makes it difficult to manage it at the existing location. The transfer entails closing the account at the existing location and opening a new one.

Form: A written application for the transfer needs to be made to the bank or post office where the investor has his PPF account, along with a transfer form (SB10-b) after filling it in. The form can be downloaded from http://tinyurl.com/98dau5a.

Information: The details of the account, including the names and addresses of the branch/bank/post office where it is held, as well as the location where the transfer is sought, needs to be mentioned in the application.

Procedure: The signature of the account holder is verified and the old bank or post office closes the PPF account. A cheque/ demand draft for the outstanding balance in the account is sent to the new bank/post office, along with a certified copy of the account statement, original account opening form, nomination form and specimen signature.

Points to note

On transfer, the PPF account is considered a continuing account, not a new one.

The account holder can choose to change the nomination, along with the account opening procedure, during the transfer of the PPF account.

A new passbook will be issued with the past credit in the account shown as a balance transfer.

Source : http://economictimes.indiatimes.com

Interest rates on loans unlikely to come down in a hurry

MUMBAI: Interest rates on loans are unlikely to come down any time soon with banks shying away from a cut after the Reserve Bank left key rates unchanged in its monetary policy review on Tuesday. The RBI left the repo rate, or the rate at which it lends to banks, unchanged at 8%, but reduced the cash reserve ratio (CRR), or the proportion of deposits banks must keep with it, by 25 basis points to 4.25%.

One basis point is equal to one hundredth of a percentage. The cut in CRR is expected to infuse Rs 17,500 crore into the financial system. The reverse repo, or the rate at which the central bankBSE -0.58 % absorbs excess liquidity through borrowings from banks, is unchanged at 7%.

"We will see no immediate impact on interest rates. However, rates could soften over the fiscal year," said Chanda Kochhar, managing director and CEO of ICICI BankBSE 0.20 %, which recently cut home loan interest rates by 25 bps-100 bps across maturities to boost demand.

"Deposit rates have been adjusting and wholesale deposit rates have been coming down," Kochhar added.

Pratip Chaudhuri, chairman of State Bank of IndiaBSE -0.24 %, said, "Our asset liability committee will assess the October net interest income. We have greatly benefited from the interest rate cut (in September). The bank is booking Rs 150 crore of incremental home loans every month."

SBIBSE -0.24 %, the country's largest bank, was the first lender to cut its base rate to 9.75% from 10% after the RBI in its policy review on September 17 effected a 25-bps cut in CRR to 4.5%. The bank's growth in loans has largely been due to the growth in retail loans, Chaudhuri said.

The central bank has also increased the provisioning on restructured assets to 2.75% from 2%, this could also limit the banks ability to cut interest rates. The banking sector would have to set aside capital of over Rs 3,000 crore to adhere to the new norms. "Provisioning, if it is required to be done in this quarter, will hit banks' net profit by 3%. I don't think we are in a position to earn this 3% by the CRR cut," said Punjab National BankBSE -0.49 % chairman KR Kamath.

Meanwhile, credit demand in the banking system continues to be muted. The growth in credit for the week ended October 5 stood at 15.9% while the growth in deposits for the same period was 13.9%.

Commercial banks including ICICI Bank, Axis BankBSE -0.40 % and HDFC BankBSE -0.03 % have been lowering deposit rates. "Deposit rates are just beginning to come off. The old deposits have yet to be re-priced. Hence, the translation into a possible rate cut will take sometime," said Shikha Sharma, managing director and CEO of Axis Bank. 

Source: The Economic Times, Oct 31, 2012

Special Festive Season Offer of 7% Discount on Sale of Gold Coins through Post Offices in Delhi

As part of "Special festive season offer", Department of Posts has announced to continue great Discount bonanza on the sale of Gold Coins at 7% through its identified Post Offices in Delhi Circle. Special Discount can be availed on sale of gold coins on the auspicious days of "Karwachauth" falling on 2nd November, 2012 and "Dhanteeras" falling on 11th November, 2012 (Sunday). Special provision have been made to keep the designated Post Offices opened on that day  and on the eve of Diwali. It is informed that the discount of 7% on the sale of gold coins from the identified Post Offices is being offered for the period from 08th October, 2012 to 31st December, 2012

The Coins bear a logo of Department of Posts which is certified by Valcambi Switzerland.  People love the fact that this purest form of Gold Coins is tamper proof and are available in various denominations such as 0.5 gm, 1 gm, 5 gms, 8 gms, 10 gms, 20 gms and 50 gms.

List of Post Offices selling Gold Coins in Delhi:

Sl. No.	Name of Post Office designated for sale of gold coins
1	Ashok Vihar HO, Delhi - 110052
2	Civil Lines PO, Delhi - 110054
3	Connaught Place PO, New Delhi - 110001
4	Delhi GPO, Delhi - 110006
5	Greater Kailash PO, New Delhi - 110048
6	Hauz Khas PO, New Delhi - 110016
7	Indrprastha HO, New Delhi - 110002
8	Janakpuri B-I PO, New Delhi - 110058
9	Jhilmil HO, Delhi - 110095
10	Kalkaji HO, New Delhi - 110019
11	Karol Bagh PO, New Delhi - 110005
12	Krishna Nagar HO, Delhi - 11051
13	Lajpat Nagar PO, New Delhi - 110024
14	Lodi Road HO, New Delhi - 110003
15	Malviya Nagar PO, New Delhi - 110017
16	Naraina Ind Est. HO, New Delhi - 110028
17	New Delhi HO, New Delhi - 110001
18	Paschim Vihar PO, New Delhi - 110063
19	Patel Nagar PO, New Delhi - 110008
20	Ramesh Nagar HO, New Delhi - 110015
21	Rohini Sec-7 PO, Delhi - 110085
22	Sansad Marg HO, New Delhi - 110001
23	Sarojini Nagar HO, New Delhi - 110023
24	Patparganj PO, Delhi - 110091
25	Jangpura PO, New Delhi - 110014
26	Tagore Garden PO, New Delhi - 110027
27	Malka Ganj PO, Delhi - 110007
28	Sarawati Vihar PO, Delhi - 110034

Source : PIB Release, Oct. 30, 2012