.bmp)
.jpg)
Saturday, November 29, 2014
Best wishes for retirement on superannuation
The following officials of Bhubaneswar
Division are retiring on 30.11.2014 on attaining the age of superannuation.
1. Sri Suresh Ch. Das, SPM, Airport NDT
SO, Bhubaneswar – 751 020
2. Sri Rama Ch. Behera, SPM, GGP Colony,
Bhubaneswar – 751 025
3. Sri J J Mohanty, Sorting Postman,
Bhubaneswar GPO and
4. Sri Kulamani Behera, Postman,
Baramunda Colony, Bhubaneswar – 751 003
AIPEU, Group-C, Bhubaneswar Division
wishes all a happy and healthy retired life.
Seventh CPC News : Commission's visit to Jodhpur
The Commission, headed by its Chairman, Justice Shri A. K. Mathur, proposes to visit Jodhpur from 12th to 15th December, 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 secy-7cpc@nic.in. 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 8th December 2014 (1700 hours).
Transfer and posting in P A cadre of Bhubaneswar Division
Department of Posts, India
Office of the Senior Superintendent of Post Offices
Bhubaneswar Division, Bhubaneswar-751009
Memo No.B.12-1/2014-15,
Dated at Bhubaneswar the
26.11.14.
The following
transfers and postings in Postal Assistant cadre are hereby ordered in the
interest of service to have immediate effect.
|
Sl.
No.
|
Name of
the Official
|
Present
Post held
|
Post
against which transferred
|
|
01
|
Sri Surendranath Jena
|
OA, Postal Stores Depot
|
SPM, Patia SO
|
|
02
|
Sri Mukunda Ch Dash
|
SPM, CG Colony SO
|
SPM, Madhusudan Nagar SO
|
|
03
|
Ms Jasmi Tudu
|
SPM, Madhusudan Nagar SO
|
PA, Ashoknagar MDG
|
Relieving Arrangement
The Supdt. PSD, Bhubaneswar-7 will relieve Sri S.N Jena on 28.11.14
(A/N) positively as Patia SO will function from 01.12.14. Sri M.Ch Das
will be relieved on 29.11.14 (A/N) positively as CG Colony SO will be
relocated as Patia SO on 01.12.14.
Sr. Supdt. of Post
Offices
Bhubaneswar Division
Bhubaneswar-751009
Copy forwarded for
information and necessary action to :
1. The Asst.
Director (Staff), O/o the Chief P.M.G.(Orissa), Bhubaneswar-751001.
2. The Supdt. PSD .
He is requested to relieve Sri Jena on 28.11.14 (A/N) Positively.
3. The Senior
Postmaster, Bhubaneswar GPO, Bhubaneswar-751001.
4. All the
Sub-Divisional Heads in Bhubaneswar Division.
5. Sri
S. N Jena, OA, PSD, BBSR-7. He is directed to present at Patia SO at 9.00 hrs positively and work as SPM, Patia SO.
6. Sri
M C Dash, SPM, CG Colony SO. He is directed to hand over all the office
stationaries in cluding computer, printer etc to the ASP (I/C), Bhubaneswar
North Sub- Division on 29.11.14 (A/N) positively and join at
Madhusudan Nagar SO on 01.12.14.
7. Ms Jasmi Tudu,
SPM, Madhusudan Nagar SO for information.
8. P.F. of the
officials.
9. All branches of
Divisional Office, Bhubaneswar.
10. Office copy / Spare.
New RBI guidelines: India Post’s long wait to become a bank may be finally over
The final guidelines on differentiated banks, spelled out by the Reserve Bank of India (RBI) on Thursday, has paved the way for India’s postal department to fulfill its long-cherished dream of wearing the hat of a banker.
India Post is now likely to apply to become a small finance bank, according to a senior department official.
‘Certainly, it (the guidelines for small and payments banks), looks interesting,” the official told FirstBiz on condition of anonymity. The department will conduct a feasibility study and will take a final call on the matter, the official said.
On Thursday evening, the RBI announced the final rules for payments banks and small banks. Payments banks can engage in accepting small deposits, offer ATM/debit cards, payments and remittance services through various channels and offer financial products like mutual fund units and insurance products.
Small finance banks, on the other hand, are almost like full service commercial banks. But, these banks cannot engage in large value transactions since 75 percent of their loans must be lent to the so-called priority sector. For existing banks, this requirement is 40 percent. Also, at least 50 percent of their loan portfolio should constitute loans and advances of up to Rs 25 lakh.
What is means is majority of the loans of smaller banks must be lent to agriculture, micro-credit and other weaker sections.
But small banks have plenty of headroom to actively compete in the home loan and SME loan segments with other banks, even within this limit.
A small bank permit makes more sense to India Post than becoming a payments bank since the department has long cherished the dream of a lender.
The Postal department, which was among the 25 contenders for a full service banking licence last year, didn’t manage to get into the final list since the UPA-government wasn’t keen to support the move and refused to provide the department with the minimum capital required to set up a commercial bank.
But the government is unlikely to deny the chance to India Post this time since small finance banks will not deal in large value credit transactions.
Since the new set of banks will primarily operate among the unbanked and weaker sections, risks arising out of large-value corporate loans are limited.
Also, capital is unlikely to become a problem since under the new guidelines, both small banks and payments banks need an entry capital of Rs 100 crore, as against Rs 500 crore needed for full service banks.
According to the RBI guidelines, small finance banks can gradually grow to a full service commercial bank if the apex bank finds merit in the proposal.
Big boost to financial inclusion
India Post has all along argued that the department’s entry to banking can contribute massively to the cause of financial inclusion, or the process of spreading banking services to the unbanked population of the country, using its vast network of 1,55,000 post offices.
Of its total network, about 1,39,040 are in rural areas. Going by a 2011 estimate of the postal department, about 6,000 people are covered on average by post-offices in rural areas and about 24,000 in urban areas.
Through its various saving schemes, Postal department handles deposits to the tune of Rs 6,00,000 crore.
As First Biz noted earlier, India Post’s entry into banking can be game changer in rural banking given the massive reach of Post in the far-flung areas of the country and local knowledge.
The department has already commenced the process to link all its branches through technology, besides setting up ATMs across the country.
Last year, while issuing licenses to IDFC and Bandhan, the RBI had observed that India Post can be given banking licence if government, technically the promoter of the proposed Post bank, gives its nod.
Source : http://firstbiz.firstpost.com/
Lok Sabha Passes the Labour Laws (Exemption from Furnishing Returns and Maintaining Registers by Certain Establishments) Amendment Bill, 2014
Press Information
Bureau
Government of India
Ministry of Labour & Employment
Government of India
Ministry of Labour & Employment
28-November-2014 16:47 IST
Lok
Sabha Passes the Labour Laws (Exemption from Furnishing Returns and Maintaining
Registers by Certain Establishments) Amendment Bill, 2014
The
Lok Sabha has passed the Labour Laws (Exemption from Furnishing Returns and
Maintaining Registers by Certain Establishments) Amendment Bill, 2014 today.
The Union Minister of State for Labour and Employment (Independent Charge), Shri Bandaru Dattatreya said that the Bill is a social security measure. It simplifies procedures regarding engaging labours. The main purpose of bringing the Bill is transparency, accountability and proper enforcement. He said the EPF Universal Account Number will be a major benefit as it affords portability, transparency and efficiency. He asserted that the Government was not at all compromising on the interest of workers and the legislation was not meant to give exemption to any establishment.
The
Bill, as amended, proposes to change some of the provisions of the original Act
of 1988 to increase the number of laws under which small establishments are
exempt from furnishing returns and maintaining registers from nine to 16. It
amends the definition of “small” establishments to cover units employing
between 10 to 40 workers as against the limit of 19 workers at present.
Earlier,
the Bill was passed by Rajya Sabha on November 26, 2014.
Steps Taken to Modernise CGHS Centres
Press
Information Bureau
Government of India
Ministry of Health and Family Welfare
Government of India
Ministry of Health and Family Welfare
Subscribe to:
Posts (Atom)