NATIONAL ASSOCIATION OF POSTAL EMPLOYEES, GROUP ‘C’ (FNPO P3) AMBATTUR BRANCH, CHENNAI 600 053
FNPO ZINDABAD

Wednesday 30 November 2016

30/11/2016


Departmental council meeting will be held on 20/12/2016 formal notification is expected soon 

1)Conduct of Limited Departmental Competitive Examination for promotion to the cadre of P.S. Group 'B' scheduled on 04th December, 2016.

The Directorate has now issued to instruction to Circles video DE Section Letter No.A-34012/08/2016-DE dated 29th November, 2016 issue Admit Cards to the eligible candidates of the Examination scheduled on 04th December, 2016.


2)Standard operating procedure regarding legal cases where the Central Vigilance Commission has been made respondent along with the organizations concerned




3)PM Narendra Modi's cabinet charts out a roadmap for cashless payments.

Tuesday 29 November 2016

29/11/2016
7th CPC recommendations have created unrest in the minds of Central government employees in general and Postal employees particularly-Observance of Protest week from 12th to 19th December 2016 by FNPO affiliates.Changes in the programme. 
2)Depositing Someone Else's Money In Your Bank Account? Beware Of New Law

4)Rationalisation of Labour Laws 


5) Withdrawal of cash from bank deposit accounts - Relaxation


Withdrawal of cash from bank deposit accounts - Relaxation




RBI/2016-17/163

DCM.No.1437/10.27.00/2016-17

November 28, 2016

The Chairman / Managing Director/ Chief Executive Officer,
Public Sector Banks/ Private Sector Banks / Foreign Banks /
Regional Rural Banks / Urban Cooperative Banks/
State Cooperative Banks/ District Central Cooperative Banks

Dear Sir,

Withdrawal of cash from bank deposit accounts - Relaxation

It has been reported that certain depositors are hesitating to deposit their monies into bank accounts in view of the current limits on cash withdrawals from accounts.

2. As it is impeding active circulation of currency notes, it has been decided, on careful consideration, to allow withdrawals of deposits made in current legal tender notes on or after November 29, 2016 beyond the current limits; preferably, available higher denominations bank notes of ₹ 2000 and ₹ 500 are to be issued for such withdrawals.

Yours faithfully,

(P Vijaya Kumar)
Chief General Manager


Monday 28 November 2016

28/11/2016

Goa will be First State to go Cashless from December 31, 2016

Highlights

  • While cash transactions are not being banned, the move is to encourage a cashless society. 
  • People will be able to buy perishables such as fish, meat, vegetables or anything else at the press of a button on their mobile.


PANAJI: Goa is likely to become the first state in India to go cashless from December 31, as people will be able to buy perishables such as fish, meat, vegetables or anything else at the press of a button on their mobile. 

There will be no need to carry your purse for purchases and the profession of pickpocketers may become extinct soon, as all transactions will be done on the mobile. "The money on purchases will be debited to the person's bank account," chief secretary R K Srivastava told STOI. 

One has to dial *99# from their mobile phone, not necessarily a smart phone, and follow the instructions to complete the transcation. This system is being introduced to transfer money to small vendors who do not have swipe machines. Swiping of ATM and credit cards at shops and establishments will also continue. 

A drive to create awareness on how to operate the cashless transaction for vendors and small shops and the public will commence on Monday at Mapusa and Panaji, in Goa. 

While cash transactions are not being banned, the move is to encourage a cashless society. Also, there will be no minimum limit on the cashless transfer of money. Chief minister Laxmikant Parsekar said no fees will be charged for any of these transactions over the mobile. 

Defence minister Manohar Parrikar on Saturday held a meeting with government officials and all the major nationalized and private banks. During the meeting, Parrikar discussed the modalities to implement the cashless scheme in the state. 

Parrikar said at the Vijay Sankalp Rally at Sankhali on Friday that PM Narendra Modi had a dream about a cashless society and "they told me that Goa can become the first state to go cashless".



"One thing we decided is that whenever India becomes a cashless society, Goa will become the first. We have to support the prime minister's dream," Parrikar added saying that your mobile can become your bank and one can do anything once he/she has registered her/his mobile number with the bank under the central government unified payment interference (UPI).

Srivastava said that Goa has an added advantage to be become the first cashless society because it is a small state with about 15 lakh population and 17 lakh mobile phone connections. "We have 22 lakh bank accounts, which means that one person has more than one account," he said. Most of the people in Goa use debit or credit cards while purchasing and hence it will not be a problem to go cashless, he added.

He also said that from Monday, people will be educated on the cashless transaction and the exact plan would be finalized on Sunday. Explaining how it works, Srivastava said that every vendor who registers with the bank would be given an MMID code.

Once a person purchases fish, vegetable etc. the customer just needs to dial the designated number (*99#) and punch in details of her/his account and the amount the customer needs to transfer to the vendor and then the customer has to enter the MI code of the vendor to transfer the funds. Within no time, the money would be transferred from the customer's account to the vendor's account.

"Everybody should have an account, card and the account should have money," Srivastava said.
   


1)Rs 32,631 Crore Deposited in Post Offices Since Demonetisation.

Click here to read more.

2)All 4,041 cities/towns asked to shift to cashless transactions; Madhya Pradesh to do so by March next year

Internet banking, Online payments and PFMS to be adopted

Click here to read more.

3)Protest the note ban.

While CPM called for a Bharat Bandh, the Congress said it will protest but won't participate in a bandh. The JD(U), too, decided not to be part of the proposed bandh, as Bihar chief minister Nitish Kumar has supported demonetisation. Trinamool Congress also will take part in the protest but is not supporting the bandh.

27/11/2016

1)Growing Bank Deposits Post-Demonetisation Not a Sign of a Healthy Economy

Click here to read more.

Click the above link to read more.

3)Fidel Castro, the revolutionary who defied US for 50 years, dies

Click here to read more.


Saturday 26 November 2016

26.11.2016


Observance of Protest Week from 12th to 19th December 2016 by FNPO affiliates - SG FNPO
Click here to read more.
Click here to view the circular.


Central Government Employees likely to get new allowances from January 2017

It is reported from sources in the Ministry of Finance that centre likely to start disbursing allowances at higher rate in the next calendar year.
It is learnt that due to demonetization and cash crunch, the process is delayed. It is likely to be paid from January 2017. 

Regarding date of effect, though the decision is yet to be taken but it is widely anticipated that fatter allowances will be effected from August 2016 and arrears to be paid in one go in January 2017.

As far as rate of allowances, the source added that the committee will stick to the pay commission recommendation. So the possibility to get something higher looks remote.



It is also reported that Govt. may consider only against abolishing of a few allowances as a populist measure.
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Instructions regarding the wedding expenses withdrawal in the DOP
Click here to read more.


Minimum Balance In Saving Accounts





New Delhi: November 25,2016

Reserve Bank of India (RBI) vide its circular dated August 10, 2012 on Financial Inclusion – Access to Banking Services – Basic Saving Bank Deposit Account, advised all Scheduled Commercial Banks to offer a ‘Basic Savings Bank Deposit Account’ which shall not have the requirement of any minimum balance. In terms of aforesaid circular, banks have been advised to offer Facility of ATM card or ATM-cum-Debit Card to all BSBD account holders without any charges.



In other cases, as per extant instructions, with effect from April 1, 2015, banks have to follow additional guidelines on levy of penal charges for non-maintenance of minimum balance in savings bank account which include – notifying the customer clearly by SMS/email/letter etc. that in the event of the minimum balance not being restored in the account within a month from the date of notice, penal charges will be applicable; penal charges may be recovered under intimation to the account holder; the policy on penal charges to be so levied may be decided with the approval of Board of the Bank and the penal charges should be directly proportionate to the extent of shortfall observed. It should be ensured that such penal charges are reasonable and not out of line with the average cost of providing the services. It should be ensured that the balance in the savings account does not turn into negative balance solely on account of levy of charges for non-maintenance of minimum balance.


This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.



PIB Release/DL/2063

 
*****

1)Grievances received from CGHS beneficiaries regarding functioning of CGHS
2)Guidelines on treatment of effect of penalties on promotion — role of Departmental Promotion Committee

Friday 25 November 2016

25.11.2016
1)Extension of benefits of Retirement Gratuity and Death Gratuity to the Postal employees who joined the Govt. Service on or after 01.01.2004.- Our Federation Sent a letter to the Secretary DOP.
2)Demonetisation had led to "organised loot and legalised plunder"

3)7th Pay Commission related issues – Minister comments on Government Committee which assured trade unions/JCM to consider the revision of Minimum Wage and Fitment Formula


4)Two variants of new Rs 500 note surface, RBI says printing defect due to rush


Accusations abound in Supreme Court during demonetisation hearing



The morning’s hearing began with senior advocate Kapil Sibal claiming that “people were starving on the roads.”
As accusations overawed decorum in the demonetisation hearing, a Supreme Court Bench led by Chief Justice T.S. Thakur urged lawyers to maintain the dignity of the court while assuring all that the judiciary will “certainly” hear both the ground realities and weigh the constitutionality of the November 8 RBI notification.
In a hearing on the demonetisation issue on Friday, the apex court said it will on December 2 comprehensively hear everyone involved on the various questions, including the hardships caused by demonetisation, the transferring of petitions filed in the various High Courts to Delhi, the constitutional validity of the RBI notification, and finally whether the issue should be referred to a Constitution Bench.
In this, the Bench accepted the suggestion of the government that it was better to hear the demonetisation issue in its totality on December 2 rather than in a piecemeal fashion.
Attorney General Mukul Rohatgi submitted that the government’s petition to transfer all demonetisation-related cases from other High Courts to the National Capital is already scheduled for hearing on December 2. “In that case the four separate petitons — listed today for hearing — should also be heard on the same day. This would ensure that the court can take an informed decision after considering all the aspects of the issue,” Mr. Rohatgi said.
Agreeing to this, Justice Thakur said the Bench would keep its calendar clear on December 2 at 2 p.m. for a detailed hearing.
The morning’s hearing began with senior advocate Kapil Sibal, appearing for a petitioner, claiming that “people were starving on the roads.”
“Nobody is starving on the roads,” Mr. Rohatgi said, dismissing the claim. “The markets are closed,” Mr. Sibal retorted.
At this point, advocate Manohar Lal Sharma, who claimed that the new Rs. 2000 bank notes bleed and can be easily faked, wrested the floor from Mr. Sibal, claiming “all the banks are closed.”
“Maximum cash has gone into BJP hands,” Mr. Sharma declared as shouts of protest rose from several of the lawyers in the courtroom.
Then lawyers vied with each other, raising their hands for the court’s attention as pandemonium threatened.
Justice Thakur, who along with Justice D.Y. Chandrachud, maintained silence all through. But the Chief Justice reined in the confusion by issuing a stern warning that the court would adjourn the hearing by another six weeks unless order was restored immediately.
“Everyone is shouting with their hands over the other’s shoulder. This is a courtroom and there is some decorum to be observed here. We will adjourn the case for hearing after the vacation,” Chief Justice Thakur addressed the crowded courtroom.
“There are some really serious issues here, My Lords,” Mr. Sibal interceded.
“If there is a difficulty, you tell us what the problems are,” Chief Justice Thakur addressed the senior lawyer.
“There is a lot of inconvenience. They don’t have the capacity to print the new currency. What are they going to do?” Mr. Sibal stressed.
“If you want us to look into it... We will certainly do... But we will hear all. We cannot hear this issue piecemeal,” Chief Justice Thakur said, refusing Mr. Sibal’s plea to advance the hearing to Tuesday next.