HAPPY WOMEN'S DAY 08.03.2016
07.03.2016
NJCA writes to Cabinet Secretary for early redressal of Charter of demands.
International Women’s Day is celebrated on 8 March which basically reflects women’s progress made in the history. As we all know women’s are the symbol of positivity, courage and determination which make them extra ordinary. They are the ones who have made exceptional contributions in building a society. The 2016 theme for International Women’s Day is “Planet 50-50 by 2030: Step It Up for Gender Equality”, which talks about gender equality, women’s empowerment, women’s human rights.
07.03.2016
NJCA writes to Cabinet Secretary for early redressal of Charter of demands.
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Dear colleagues,
NJCA met at JCM office. FNPO was represented by President FNPO and SG FNPO, NJCA decided to issue strike notice on 09.06.2016 instead of 11.03.2016. The date of strike will be 11.07.2016. Details will be hosted in our web shortly.
SGFNPO Programme.
07/03/2016 to 11/03/2016 -- Delhi
Transfer / Postings in the Senier Administrative Grade (SAG) of the Indian Postal Service, Group 'A' order dtd 04/03/2016
Concern over decision to decrease interest rates on postal savings
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| In the Chennai City region, there are over 60 lakh postal savings deposit holders.—Photo: K.V. Srinivasan |
Following the government’s decision to recalibrate the interest rate of small saving schemes from April 1, depositors have raise concern over the decrease in interest for their savings.
Last month, the government had announced that it would revise interest rates of small savings schemes on a quarterly basis to align them with the market rate of other government securities. If the move is implemented, new depositors will have to settle for a slightly lesser interest rate.
The rate of interest for some of the schemes such as recurring deposit, time deposit and kisan vikas patra may decrease by 0.25 per cent. In Chennai City region, there are over 60 lakh savings deposit holders now.
Postal agents too fear that the number of people depositing money in post offices may decrease if the decision is implemented.
S. Rajpandian, president of Tamil Nadu Postal Agents Welfare Association, said the maturity period ofkisan vikas patra might have to be revised according to the interest rate that is being provided. This may discourage some depositors as the amount invested will double during the maturity period. Time deposits and monthly income schemes (MIS) are some of the popular schemes.
However, interest rates of schemes like MIS, selvamagal semippu thittam, ponmagan podhuvaippu nidhi and those for senior citizens will remain the same. The association plans to submit a memorandum to the Postal Department seeking continuation of the existing interest rate and increase in the incentives given to them.
Many post offices are yet to receive any directives about the new move with regard to savings schemes. Officials said that the interest rate, even if revised, would still remain higher than those offered by financial institutions and banks. It would not affect the deposits as people, particularly those in rural areas, would prefer to invest in post offices, they added.
Source: http://www.thehindu.com/
