Glimpses from 39th Biennial Conference of All India Association of Inspectors and Asstt. Supdt. Posts being held at Jaipur

Heartiest Congrats to Shri Vilas Ingale for getting re-elected a General Secretary and Shri Yadagiri G. Nyalapelli for getting re-elected as Treasurer 

Opening of New Postal ATM in Aurangabad

New ATM at Bhokardan SO under jalna HO in Aurangabad Division was inaugurated by Hon'ble Shri Pranav kumar PMG Aurangabad Region on 09/02/2016. Shri A.H. Shaikh SSPOs Aurangabad Division also attended the opening of ATM. A DAK MELA was also held on the occasion.

Promotion / Allotment of STS Officer to JAG

Promotion /Allotment of STS Officer to JAG     

To view Directorate order No. 2-8/2015-SPG dated 2nd February 2016, please CLICK HERE. 

This association congratulates the officers on their promotion.

Revision of Sub Dn in Mumbai Region

SCR requires 2030 RPF/RPSF Women Constables – Last Date 1.3.2016

Railway Protection force: 1827 posts 
Railway Protection Special Force: 203 posts

Date and Time of closing :17.30 hrs of 01.03.2016

Applicants are advised to check the official website of South Central Railway or RPF Online Registration website.

Name of Post –Women Constables in RPF/RPSF 
No. of Vacancies – 2030
Last Date – 01.03.2016


Consumer Price Index for Industrial Workers (CPI-IW) – December, 2015

Consumer Price Index for Industrial Workers (CPI-IW) – December, 2015 

No.5/1/2015- CPI 

DATED: 29th January, 2016

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – December, 2015

The All-India CPI-IW for December, 2015 decreased by I point and pegged at 269 (two hundred and sixty nine). On 1-month percentage change, it decreased by (-) 0.37 per cent between November and December, 2015 which was static between the same two months a year ago.

The maximum downward pressure to the change in current index came from Food group contributing (-) 1.36 percentage points to the total change. At item level, Arhar Dal, Masur Dal, Moong Dal, Onion, Potato, Tomato, Peas and other Green Vegetables & Fruit items, Petrol, etc. are responsible for the fall in index. However, this decrease was checked by Rice, Wheat, Wheat Atta, Fish Fresh, Eggs (Hen), Poultry (Chicken), Goat Meat, Milk (Buffalo), ESI Contribution, Rail Fare, Barber Charges, Flower/Flower Garlands, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 6.32 per cent for December, 2015 as compared to 6.72 per cent for the previous month and 5.86 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.94 per cent against 7.86 per cent of the previous month and 5.73 per cent during the corresponding month of the previous year.

At centre level, Ludhiana reported the maximum decrease of 7 points followed by Ahmedabad and Rourkela (6 points each), Tripura, Varanasi, Lucknow and Kodarma (5points each). Among others, 4 points decrease was observed in 9 centres, 3 points in 4 centres, 2 points in 11 centres and 1 point in 12 centres. On the contrary, Quilon recorded a highest increase of 7 points followed by Warangal (4 points), and Rangapara-Tezpur, Chhindwara and Mundakkayam (3 points each). Among others, 2 points increase was observed in 5 centres and 1 point in 9 centres. Rest of the 16 centres’ indices remained stationary.

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

The next issue of CPI-IW for the month of January, 2016 will be released on Monday, 29th February, 2016. The same will also be available on the office website



Meeting of Nodal officers of various Departments – implementation of the recommendations of the 7th CPC – Issues on way ahead

Implementation of the recommendations of the 7th CPC – Meeting of Nodal officers of various Departments will be held on 2.2.2016

Meeting of Nodal officers of various Departments – implementation of the recommendations of the 7th CPC – Issues on way ahead

F.No.1-1/2016- IC
Government of India
Ministry of Finance
Department of Expenditure
New Delhi, 29.1.2016
Meeting Notice

Subject : Meeting of Nodal officers of various Departments – implementation of the recommendations of the 7th CPC – Issues on way ahead.

In order to process the recommendations of the 7th Central Pay Commission, the Cabinet has approved setting up of an Empowered Committee of Secretaries chaired by the Cabinet Secretary. Accordingly, the ECOS has been set up as per this Ministry’s OM No.1-4/2015/EIII-A dt. 27.1.2016 (copy placed on the website of this Ministry, viz,

2. As provided in the said OM dt. 27.1.2016, the Implementation Cell created in this Ministry shall work as the Secretariat for the ECOS.

3. This Ministry has already requested all the Ministries/Departments vide DO letter No.1-4/2015/EIII.A dt. 21.11.2015 from JS(Pers) addressed to all the Secretaries to nominate a nodal officer at the level of a Joint Secretary to interact with the Implementation Cell during the curse of processing of the recommendations of the 7th CPC.

4. Accordingly, Joint Secretary (Implementation Cell) shall take a meeting of all the Nodal Officers of the Ministries/Departments on 2.2.2016 at 11 .00 a.m. in Conference Hall (R. No. 72), North Block, New Delhi to discuss the relevant issues in connection with the processing of the recommendations of the 7th CPC and to concretise the points of action pertaining to all the Ministries/Departments in general and also in regard to specific issues concerning individual Ministries/Departments with a view to enabling an effective, holistic and quicker processing of the recommendations of the 7th CPC and for submission of the matter before the ECOS.

5. As this is the first meeting of the Nodal Officers to formulate the action points on the way ahead on processing of the recommendations of the 7th CPC, it is requested that the concerned nodal officers may kindly make it convenient to attend the meeting.

(Amar Nath Singh)
Deputy Secretary to the Government of India

All the nodal officers of Ministries/Departments, as per list attached.


Central employees entitled to get 125% Dearness Allowance from 01.01.2016

The Seventh Pay Commission headed justice A K Mathur has correctly predicted the dearness allowance (DA) hike to 125 per cent from the existing 119 per cent since January 2016.

The much awaited All India Consumer Price Index (Industrial Workers) for the month of December 2015 has been released by Govt. It has decreased by one point from 269 from 270 which was recorded in the month of November 2015.

This confirms that DA from January 2016 will be 125% which was estimated by 7th Pay Commission.

Consequently, no correction or change in 7th pay commissionfitment formula / multiplication factor of 2.57, will be needed now with respect to DA factor is concerned.

Allotment/Posting of IP/ASP Mumbai Region 

Order No.: MR/STA/6-8/2015 dated at Mumbai 27-01-2016

Superannuation Retirement

Shri V P Phirke,  Superintendent, Buldhana Division, Nagpur Region is retiring from Government Service on Superannuation on 31.01.2016.

This Association Wishes him a very Happy and Healthy Retired Life 

INDIA one Nation 26 January HAPPY REPUBLIC DAY to all viewers and members

The Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Amendment Act, 2015 to be enforced with effect from January 26, 2016

Press Information Bureau
Government of India
Ministry of Social Justice & Empowerment
25-January-2016 11:29 IST

The Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Amendment Act, 2015 to be enforced with effect from January 26, 2016 
The Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Amendment Act, 2015 to ensure more stringent provisions for prevention of Atrocities against Scheduled Castes and the Scheduled Tribes will be enforced with effect tomorrow i.e. January 26, 2016.

Consequent upon passing of the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Amendment Bill, 2015 by the Lok Sabha on August 04,2015 and Rajya Sabha on December 21, 2015, to make amendments in the Principal Act, namely, the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) {PoA} Act, 1989, the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Amendment Act, 2015, as assented by the President on December 31, 2015, was notified in the Gazette of India Extraordinary on January 01, 2016. After framing the rules for enactment, now it will be enforced by the Central Government with effect from January 26, 2016.

The key features of the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Amendment Act, 2015, are: 

• New offences of atrocities like tonsuring of head, moustache, or similar acts which are derogatory to the dignity of members of Scheduled Castes and Scheduled Tribes, garlanding with chappals, denying access to irrigation facilities or forest rights , dispose or carry human or animal carcasses, or to dig graves, using or permitting manual scavenging, dedicating a Scheduled Caste or a Scheduled Tribe women as devadasi, abusing in caste name, perpetrating witchcraft atrocities, imposing social or economic boycott, preventing Scheduled Castes and Scheduled Tribes candidates from filing of nomination to contest elections, hurting a Scheduled Castes/Scheduled Tribes woman by removing her garments, forcing a member of Scheduled Caste/Scheduled Tribe to leave house , village or residence, defiling objects sacred to members of Scheduled Castes and Scheduled Tribe, touching or using words, acts or gestures of a sexual nature against members of Scheduled Castes and Scheduled Tribe.

• Addition of certain IPC offences like hurt, grievous hurt, intimidation, kidnapping etc., attracting less than ten years of imprisonment, committed against members of Scheduled Caste/Scheduled Tribe, as offences punishable under the PoA Act. Presently, only those offences listed in IPC as attracting punishment of 10 years or more and committed on members of Scheduled Caste/Scheduled Tribe are accepted as offences falling under the PoA Act.

• Establishment of Exclusive Special Courts and specification of Exclusive Special Public Prosecutors also, to exclusively try the offences under the PoA Act to enable speedy and expeditious disposal of cases. 

• Power of Special Courts and Exclusive Special Courts, to take direct cognizance of offence and as far as possible, completion of trial of the case within two months, from the date of filing of the charge sheet. 

• Addition of chapter on the ‘Rights of Victims and Witnesses’.

• Defining clearly the term ‘wilful negligence’ of public servants at all levels, starting from the registration of complaint, and covering aspects of dereliction of duty under this Act. 

• Addition of presumption to the offences –If the accused was acquainted with the victim or his family, the court will presume that the accused was aware of the caste or tribal identity of the victim unless proved otherwise.

Payment of Agency Commission on pension accounts – RBI Circular on 21.1.2016

Payment of Agency Commission on pension accounts – RBI Circular on 21.1.2016

Reserve Bank Of India

January 21,2016
The Chairman & Managing Director/
The Chief Executive Officer
All Agency Banks

Dear Sir/Madam

Payment of Agency Commission on pension accounts

As you may be aware, agency banks are being compensated at Rs.65 per transaction for handling pension computation, payment and related services on behalf of Central and State Governments. As per the norms followed by the Government, a pensioner’s account should not have more than 14 credit transactions in a calendar year attributable to pension and related arrear payments, if any.

2. It has however come to our notice that certain banks are apportioning payment of arrears on account of Dearness Relief (DR) and/or delay in start of pension monthwise, thus, resulting in inflated agency commission claims. It is reiterated that number of commisionable transactions for payment of agency commission on account of pension in a year should not exceed 14. This includes one monthly credit for payment of net pension and a maximum of two per year for payment of arrears on account of increase in DR, if applicable.

3. It is also reiterated that cases involving payment of arrears on account of late start/restart of pension qualifies as a single transaction for claiming of agency commission. In other words, any payment of arrears on account of late start/restart of pension should be effected in a single credit transaction instead of separate monthly credits.

4. Some of the Central Government Departments and State Governments prefer to compute the pension figures on their own and pass them on to banks for payment. Such transactions may be included under non-pension payments, on which agency commission is payable on a turnover basis as per the existing norms (currently at 5.5 paise per Rs. 100/-).

Yours faithfully

(Manish Parashar)
Deputy General Manager

expenditure incurred while on training by the Government Servants on probation

Admissibility of Travelling Allowance (TA) and other expenditure incurred while on training by the Government Servants on probation

No.T-25014/1/2016-TRG(ISTM Section)
Government of India
Ministry Of Personnel, Public Grievances and Pensions
Department of Personnel and Training
(Training Division)

Old JNU Campus, Block IV,
New Mehrauli Road, New Delhi – 110 067
Dated: 21st January, 2016


Subject: Admissibility of Travelling Allowance (TA) and other expenditure incurred while on training by the Government Servants on probation.

Institute of Secretariat Training and Management (ISTM) is conducting Foundation Training Course of newly recruited Assistant Section Officers (DR) and Stenographers (DR). ISTM has received number of references from various Ministries and Departments, requesting for clarification, whether the expenditure incurred by trainee Assistants, now re-designated as Assistant Section Officers, for their boarding, lodging etc. while undergoing Foundation Training, under the aegis of ISTM can be reimbursed to them. Representations have also been received from Assistant Section Officers, through their administrative Ministries in this regard.

2. The matter has been examined in consultation with the IFD(MHA) with reference to the Supplementary Rules 164 and instructions issued by the Government from time to time under the aforesaid Rules, which govern claims of Travelling Allowances while on training by probationers. The rule position is clarified as under:-

(i) No Travelling Allowance may be allowed for the onward journey for joining the training institute;
(ii) No Travelling Allowance may be allowed to the probationers while they are taken for outstation for training activity;
(iii) Probationers have to pay boarding /lodging /transport charges, if any, from their pocket.
(iv) No daily allowance may be admissible.
(v) One side TA may be allowed to the participants while reporting for duty in the allocated Ministry/Department on completion of the Training Programme from an outstation Institute, which are located at Hyderabad, Kolkata, Chandigarh, Shimla and Jaipur, where such training is being conducted by ISTM at present, or any other State Training Institute, which may be identified later, outside NCR.

3. All Ministries/Departments of Government of India are, therefore, advised to decide the claims made by Assistant Section Offices in respect of reimbursement of expenditure by them for boarding/lodging and other transport charges during the period of their Foundation Training conducted by ISTM, in accordance with the provisions contained at para (2) of this O.M. In case, any reimbursement has already been made, the same may be recovered immediately.

4. This issues with the concurrence with the IFD(MHA), vide their Dy. No. 299/Fin.II/15, dated 31.12.2015.

Under Secretary to the Government of India

Source :

Central staff demand minimum pay as Rs 26000/-

New Delhi: Implementing the recommendations of the 7th Central Pay Commission( 7th CPC) is not going to be acakewalk for the government.

The brewing discontent amongst the central government employees is threatening to create a storm and disrupt the implementation process. The unions are asking around 44 percent hike on the basic minimum pay suggested by the 7th Central Pay Commission.

The 7thCPC had recommended the minimum payat Rs 18,000 and the maximum pay at Rs 250,000, but theemployee unions wants the minimum pay to be hikes from Rs 18,000 per month to Rs 26,000--a rise of around 44.4 percent.

The unions are claiming that the pay panel has recommended the lowest hike in basic pay since independence.

Shri N R LOnare, Retired SSPO's expired on 23 Jan 2016, a  shock to family of late Shri N R :Lonare

On behalf of Association Shri V P Bhoge, ACS and Shri K I Naitam attended the funeral at Wardh on 24th Jan 2016.

This Association conveys heartfelt condolence on his demise and pray to almighty to give courage to the family members to bear the shock.

India Post to Ban Gmail in Post Offices from February 2016


DPC : Dy. Manager MMS

Directorate is working on the issue of holding of DPC for the promotion to the cadre of Dy. Manager in MMS. Three posts are vacant at Delhi / Kolkata and Chennai. 

Extension of time-line upto 31st March, 2016 for Government Co-contribution under the Atal Pension Yojana (APY)

To address the longevity risks among the workers in unorganised sector and to encourage the workers in unorganised sector to voluntarily save for their retirement, the Government had launched a new initiative called Atal Pension Yojana (APY) with effect from 1st June, 2015. Under the APY, the Central Government’s co-contribution of 50% of the subscriber’s contribution upto Rs. 1000 per annum, was available to each eligible subscriber, for a period of 5 years, i.e. from 2015-16 to 2019-20, who join APY before 31st December, 2015.

After careful consideration of feedback received from various quarters, the Government has decided that the co-contribution by the Central Government of 50% of the total prescribed contribution upto Rs. 1,000 per annum, will be available for those eligible subscribers, who join APY before 31st March, 2016. This measure is likely to benefit substantial number of people who have not been able to join APY and therefore have failed to avail the benefit of co-contribution by the Government till 31st December, 2015.

Source : PIB

टलेंगी वेतन आयोग की सिफारिशें

वित्त वर्ष 2017 में वित्तीय संसाधनों पर भारी दबाव रहने का अनुमान है। ऐसे में सरकार सातवें वेतन आयोग की सिफारिशों को लागू करने से फिलहाल परहेज कर सकती है। पिछले हफ्ते केंद्रीय मंत्रिमंडल ने सचिवों की एक अधिकार प्राप्त समिति के गठन को मंजूरी दी थी, जो ऐसे उपाय तलाशेगी, जिनसे वेतन आयोग की सिफारिशें चरणबद्घ तरीके से लागू की जाएं ताकि सरकार पर एक ही वित्त वर्ष में इक_ïा 1,02,100 करोड़ रुपये का अतिरिक्त बोझ न पड़े।

सरकार के एक शीर्ष अधिकारी ने कहा कि सचिवों की अधिकार प्राप्त समिति के पास एक विकल्प यह होगा कि वह केंद्रीय कर्मचारियों के भत्ते में बढ़ोतरी को टाल दे और सभी वेतनमान के लिए वेतन वृद्घि को हरी झंडी दे दे। वित्त मंत्रालय के आंकड़ों के मुताबिक इन कर्मचारियों के वेतन में भत्ते का अनुपात 1:1.4 है। उदाहरण के तौर पर वित्त वर्ष 2016 के बजट में सभी केंद्रीय कर्मचारियों के लिए वेतन मद में 60,731 करोड़ रुपये खर्च होने का अनुमान लगाया गया था जबकि भत्ते पर करीब 84,437.4 करोड़ रुपये खर्च होने का अनुमान था। 

इस कदम से वित्त मंत्री अरुण जेटली को चालू वित्त वर्ष में राजकोषीय घाटे को जीडीपी के 3.9 फीसदी और अगले वित्त वर्ष में 3.5 फीसदी तक रखने के लक्ष्य को हासिल करने में मदद मिलेगी। मान लें कि अगर वित्त वर्ष 2017 में सालाना व्यय करीब 18 लाख करोड़ रुपये (वित्त वर्ष 2016 के 17,77,477 करोड़ रुपये के करीब बराबर) रखा जाए, तो भी वेतन आयोग की सिफारिशों से इसमें 5.5 फीसदी का इजाफा हो जाएगा। सकल घरेलू उत्पादन की सुस्त वृद्घि दर और शुरुआती 8 महीनों में बजटीय अनुमान का महज 50 फीसदी कर संग्रह से सरकार पर दबाव की स्थिति है और अगले वित्त वर्ष में भी इसमें बहुत ज्यादा बदलाव की उम्मीद नहीं है।

इस बात की संभावना है कि 29 फरवरी को अपने बजट भाषण में जेटली वेतन आयोग की सिफारिशों को टालने का ऐलान कर सकते हैं। वेतन आयोग की सिफारिशों पर अधिकार प्राप्त समिति के गठन का मकसद इस कवायद के तहत सभी हितधारकों की सहमति लेना है। अधिकारी ने बताया कि बजट से पहले विभिन्न मंत्रालयों के साथ वित्त मंत्रालय के व्यय विभाग की बैठक करीब-करीब पूरी हो चुकी है। ऐसे में यह अनुमान लगाया जा रहा था कि वेतन आयोग की सिफारिशें लागू की जाएंगी। लेकिन अब प्रमुख विभाग के सचिवों को एक साथ लाना जरूरी हो गया था, क्योंकि उन अनुमानों में व्यापक कटौती की जरूरत है।

भत्ते पर यथास्थिति बनाए रखने से विभिन्न कर्मचारी संगठनों द्वारा न्यूनतम वेतन को बढ़ाए जाने की मांग को भी सरकार नजरअंदाज करने की स्थिति में होगी। वेतन आयोग ने न्यूनतम वेतन को प्रति माह 18,000 रुपये करने की सिफारिश की थी, जबकि कर्मचारी संगठन इसे 19,000 से 21,000 रुपये प्रतिमाह करने की मांग कर रहे हैं। आयोग के गणित के मुताबिक 70 फीसदी सरकारी कर्मचारी गैर-कार्यकारी दर्जे के हैं, जिनका अधिकतम शुरुआती वेतन 42,000 रुपये प्रति माह होगा। इसमें थोड़ी बढ़ोतरी से भी सरकार पर सालाना करीब 50,000 करोड़ रुपये का अतिरिक्त बोझ बढ़ेगा। वेतन आयोग की सिफारिशें इस साल 1 जनवरी से लागू होंगी।

सातवें वेतन आयोग की सिफारिशों में से कुछ चीजों को टालने की योजना में रेल मंत्रालय को साथ लेना जरूरी होगा। इस योजना को सफल बनाने के लिए रेलवे की ताकतवर यूनियनों को साथ लेना जरूरी होगा। रेलवे का वेतन बिल सालाना करीब 28,450 करोड़ रुपये है। अब रेलवे यूनियनों को समिति की ओर से औपचारिक पत्र भेजा गया है। हालांकि अधिकार प्राप्त समिति द्वारा भत्तों को टालने पर निर्णय लेने के बाद ही दिशा में आगे बढ़ा जाएगा। हाल ही में एक साक्षात्कार में वित्त राज्यमंत्री जयंत सिन्हा ने भी कहा था कि वेतन आयोग की सिफारिशों का लागू करना सरकार के लिए बड़ी चुनौती है। 


Promotion and posting of SAG of Indian Postal Service, Group 'A' to HAG of the service

To view, please CLICK HERE. 

Income Tax Calculation for Interest on Housing Loan and Deduction u/s 80C with illustration

One Computation of Taxable Salary and allowances, Deduction for Interest on Housing Loan and Deduction u/s 80C.
Mr. X, a Central Govt. Officers in Delhi, is receiving Basic Pay Rs.23,720, grade Pay Rs.7,600, DA at prescribed rates, transport allowances @ Rs.3200+DA thereon, and HRA 30% of basic pay + grade pay (though living in his own house). His date of increment is Ist July. The following are other particulars of his income. Compute his taxable income and tax payable, for A.Y.2015-16.
it table -2

Departments instruction on 3 days Dharna programme from 19th to 21st January,2016 of NJCA

Posted by AIAIPASP

Allocation of candidates, nominated for appointment as Inspector Posts on the basis of Combined Graduate Level Examination 2014, to Postal Circles

To view Directorate memo, please CLICK HERE. 

Mahapex 2016 :

A) Special Cover on Pandav Leni – 16th January 2016

Pandu Leni (also known as Trirashmi Caves and other variations) are a group of 24 caves carved between the 3rd century BC and the 2nd century AD, representing the Hinayana Buddhist caves. These caves have nothing to do with the Pandavas of Mahabharata. Leni is Marathi word for caves. The location of the caves is a holy Buddhist site and is located about 8 km south of Nashik in Maharashtra State.

The most important caves in this group are No. 18 and 20. Except cave No. 18 the remaining caves are Viharas or monasteries excavated in CIRCA 2nd Century A.D. Cave No. 3 was excavated at the orders of the Mother of the famous Satvahana King Gautamiputra Satkarni, who held sway over a large part of the Deccan in the 2nd Century A.D. In cave No. 10 there is an inscription regarding the donations made by Ushadatta, the son - in - law of Kshatrapa Nahapana (CIRCA 120 A.D.). Similarly cave No. 17 contains an inscription stating that a "Yavana" (the Greek) named Indragnidatta and his son Dharmarakshit excavated this vihara with a shrine and the cisterns. Cave No. 18 is the oldest and also the most important, being the chaitya - the hall of congregation. According to the inscription engraved on the 5th and 6th pillars, this chaitya was excavated by Bhattapalika, wife of the Royal Officer Aghetyana and daughter of the Royal Officer Arahataya. Another inscription under the horse shoe arch of the entrance records the gift of a village by the inhabitants of the Nashik for the upkeep of the chaitya. Cave No. 20, first taken by an Ascetic name Bhopaki was completed by Vasu, the wife of Mahasenapati Bhavagopa in the 7th year of the Satvahan King Gautamiputra Yajnashri Satkarni (CIRCA 166-198 A.D.)

Special Cover (MH/7/2016) on Pandav Leni was released at the inaugural function of Mahapex-2016 on 16th January 2016.

B) Special Cover on Late Smt. Kusumben Mehta – 16th January 2016.

Fortnightly meeting of Philatelic Society of India was organized at the venue in the afternoon. During the meeting a Special Cover on senior philatelist Late Smt. Kusumben Mehta was released. Late Kusumben Mehta was leading philatelist from India and wife of Senior Philatelist Shri Dhirubhai Mehta. She passed away on 6th October 2015 at Mumbai. Smt. Kusumben Mehta was a keen Philatelist and she was a life member of PCI, PSI and so many other Philatelic & Social organisations.

Mahapex-2016, Maharashtra State Level Philatelic Exhibition - 16th to 18th January 2016.

Mahapex-2016, 12th Maharashtra State Level Philatelic Exhibition inaugurated at Postal Stores Depot, Upnagar, Nasik City - 422 006 on 16th January 2016. Shri Ashok Murtadak, Mayor of Nashik City, Smt. Devyani Farande MLA of Nashik Central, Shri A. K. Dash. Chief Postmaster General, Maharashtra Circle, Shri Dhirubhai Mehta senior philatelist and President of Philatelic Society of India, Shri Pranav Kumar, Postmaster General, Aurangabad Region and Shri Sankha Samanta freelance artist and well known stamps designer graced the dais at inaugural function. Stamp design competition and elocution competition were organized for the school children on the subject of stamp collecting.

Postal Dept to select consultant for payment bank by month-end

The Department of Post (DoP) is likely to finalise the consultant for its payment bank by the end of this month. 

The DoP had shortlisted six consultants but only three of them have submitted bids. 

The consultant will advise the Department on setting up of payment bank. 

"We are doing the technical evaluation which will be completed by January 22 and by the end of this month, tender will be awarded," an official in DoP told PTI. 

The consultants which have submitted their bids include KPMG, EY and Deloitte. 

The Public Investment Board (PIB) is scheduled to consider tomorrow a Rs 800-crore proposal from DoP for setting up the bank. 

After the PIB's approval, the proposal will be moved to Cabinet within a month. PIB under the Finance Ministry vets investment proposals by state-run entities. 

The pilot for payment bank is set to start from January 2017 while full-fledged operations may start by March 2017. 

As many as 40 international financial conglomerates, including World Bank and Barclays, have shown interest to partner with Postal Department for the payment bank. 

The Reserve Bank of India has granted payment bank permit to the postal department, which has 1.55 lakh branches across country and already provides financial services. 

The announcement of a deferral is expected to be part of Finance Minister Arun Jaitley's Budget speech on February 29.

With a massive financial resource crunch estimated for 2016-17, the government is planning to defer the implementation of the 7th Pay Commission award.
Last week, the Union Cabinet approved the formation of an empowered committee of secretaries to work out ways for staggering the award through more than one financial year, instead of letting the Rs 1,02,100-crore bill from the implementation of the award come up at one go.
A top-ranked official said one of the options for the empowered committee was to defer the increase in allowances for central government employees, while letting the rise in pay for all scales to go through.

According to finance ministry figures, the ratio of allowances to pay for these 4.7 million employees is 1:1.4.

For instance, the Budget estimates in 2015-16 pegged the salary bill for all central government employees at Rs 60,731 crore (Rs 607.31 billion), whereas the tab for allowances is Rs 84,437.4 crore (Rs 844.37 billion).
The step would allow Finance Minister Arun Jaitley to keep the Budget numbers for this financial year and the next close to the targeted 3.9 per cent and 3.5 per cent of gross domestic product (GDP) that he has committed himself to.
For instance, even if the annual expenditure for 2016-17 were kept at about Rs 18 lakh crore (almost unchanged from Rs 17,77,477 crore in 2015-16), the Pay Commission recommendations would add another 5.5 per cent to it.
Given the sluggish pace of GDP growth and the almost negative deflator, the aggregate Budget numbers would otherwise be impossible to sustain on the back of the current trend in growth of tax receipts - just 50 per cent of the Budget estimates after the first eight months of the year, according to Controller General of Accounts data.
The assumptions being worked on in North Block are that these might not change dramatically in the next financial year, too.
The announcement of a deferral is expected to be part of Jaitley's Budget speech on February 29.
The formation of an empowered committee for the pay panel recommendations, again a first for the central government, is meant to bring all stakeholders on board in the exercise.
The official explained ministry-wise consultations with the department of expenditure in the finance ministry, in the run up to the Budget, were mostly over.
Those discussions had proceeded on the assumptions that the Pay Commission recommendations would be implemented.
It was now necessary to bring the secretaries of key departments on board about the need for a drastic cut-back on those estimates.
The status quo on allowances would also allow the government to ignore the demand made by various staff associations to raise the minimum level of salary for employees.
The Pay Commission has suggested that the minimum should be Rs 18,000 per month; the unions have demanded that it should be raised to a band of Rs 19,000 to Rs 21,000 a month.
Such a change would have created a ripple effect. About 70 per cent of the government employees are bunched in the non-executive ranks; the starting salary for them tops about Rs 42,000 a month, show calculations by the Commission.
Even a modest increase in pay for them would cascade the bill for the government by another Rs 50,000 crore (Rs 500 billion) annually. The award of the Commission is slated to take effect from January 1 this year.
A key element in the plan to defer some elements of the 7th Pay Commission recommendations will be the railway ministry.
Government managers reckon the powerful unions of the Indian Railways need to be brought on board for this plan to be successful.

The higher wage bill for the Suresh Prabhu-led ministry works out to Rs 28,450 crore a year (Rs 284.50 billion), only a shade less than the yearly loss it makes on its passenger services at present.

No formal communications have been sent out to the railway unions by the committee. "It will follow once the empowered committee has decided to take a call on which allowances to clip," said the official.
In a recent television interview, Minister of State for Finance Jayant Sinha had said the Pay Commission recommendations were the biggest headache for his ministry, struggling to keep the aggregate expenditure of the Union government under control.
Subhomoy Bhattacharjee in New Delhi

Source: Business Standard