Friday, 28 June 2013

Dept. of Posts applies for banking licence

TODAY'S PAPER » BUSINESS
NEW DELHI, June 28, 2013

The Department of Posts, on Thursday, submitted an application before the Reserve Bank of India (RBI) for a licence to offer full-fledged banking services.
“We have approached the RBI today [Thursday], and hopefully having met all the conditions of RBI, an in-principle approval might be given. If it is given, I think, it will be a revolutionary step because it will bring banking, subject to Cabinet approval, to the doorstep of the ordinary man in this country,” Telecom and IT Minister Kapil Sibal told PTI.
The RBI is in the process of granting fresh banking licences and has set July 1 as the deadline for applying.
The Department of Posts has plans to start 50 bank branches in the first year and scale it to a total of 150 branched in five years.

The Department of Posts has started inter-ministerial consultations for seeking Cabinet approval on around Rs.1,900 crore fund requirement to start Post Banks. The total amount includes Rs.500 crore paid-up capital required under new banking licence guidelines. — PTI

Thursday, 27 June 2013

News from CHQ

SOME IMPORTANT LETTERS TO DG (Posts)

Promotion cannot be withheld because of the mere pendency of investigation, rules CAT

The Central Administrative Tribunal, Madras Bench, has ruled that promotion cannot be withheld because of the mere pendency of investigation and directed the Defence Ministry to promote an Indian Ordnance Factories Service (IOFS) officer within 45 days.
Disposing of an application filed by M. Ravi, a 1975 batch officer, the Bench, comprising members B. Venkateswara Rao and Naresh Gupta, held that the defence authorities had erred in withholding his promotion without valid reason. The Bench also said, “No charge sheet has been issued to the applicant. The promotion was withheld merely on the ground of pendency of criminal investigation by the CBI.”
Mr. Ravi is presently working as Senior Deputy Director of General, Armoured Vehicles Factory, Avadi.
He contended that he served in various capacities in other factories. The Departmental Promotion Committee (DPC) convened in January 2012 and 2013 recommended his name along with S.K. Gupta and B.N. Singh for promotion to Appointments Committee of the Cabinet (ACC) for its final approval.
He was not promoted on the ground of a criminal investigation by CBI pending against him. The investigation was a result of an alleged irregularity that took place when he was working at ordnance factory, Medak, between 1999 and 2005.
In an application before CAT, he also sought a direction to the defence authorities to promote him. He also contended that the promotion had been withheld because of ‘long pending’ investigation but there was no disciplinary action of any kind initiated against him. Hence, Mr. Ravi said that the authorities postponed the promotion indefinitely.
The defence authorities contended that six vacancies arose in the level of member to the Ordnance Factory Board.
In fact, the recommendation of DPC should be approved by Appointments Committee of the Cabinet (ACC) for effecting promotion. Along with others, the candidature of Mr. Ravi was also considered. In view of the investigation by the CBI with respect to him, the ACC accorded its approval to others and directed the Defence Ministry to resubmit the proposal for promotion of Mr. Ravi after completion of the ongoing investigation.
The Tribunal also pointed out that a draft charge sheet which did not fructify into regular charge sheet and that should not be a ground for withholding promotion. The Tribunal added, “Unless a regular charge sheet is issued, no disciplinary action can be initiated against the officer of the government and no promotion can be withheld by the mere pendency of investigation.”
The Hindu, June 24, 2013

CAT Cuttack Bench directs the Principal Chief PMG Odisha Circle to keep the selection process to the post of Postmaster Grade-III, abeyance

BONUS ON PLI POLICIES FOR THE YEAR 2010-2011

Wednesday, 26 June 2013

Some snaps from Sit in demonstration on 25-06-2013 are given below :







Tuesday, 25 June 2013

PROMOTION AND POSTING IN POSTAL SERVICE GROUP 'B' CADRE (CLICK THE LINK BELOW FOR DETAILS)

Secretary, Posts, ordered filling up of all GDS BPM Posts immediately


Monday, 24 June 2013

Uttarakhand tragedy
confederation appeals to all central govt. employees to donate one day wages to
prime minister’s relief fund
               Excessive and unexpected rainfall resulting in furious floods has battered beyond measure, the Himalayan hill state of Uttarakhand.  Whole villages, stretches of roads and communication links have been affected.  More than 1000 persons met with tragic death.  Thousands, including those from other parts of the country who were undertaking pilgrimages to religiously significant temples in the region, remain stranded.  Hundreds of houses and buildings along the banks of Alakananda and the Bhagirathi has been swept away in Rudraprayag district alone.  Thousands have become homeless.
               As the magnitude of the tragedy caused in Uttarakhand continues to unfold, Prime Minister Sri. Manmohan Singh has issued an appeal for generous donations to support the victims who have suffered extensive devastation.  Prime Minister appealed that - “At this moment, the affected people need our help to tide over the calamity that has fallen upon them, to survive and to rebuild their lives.  I request all citizens of India to stand with our distressed fellow countrymen, and actively participate in the national effort to support them at this difficult time”.
               It is needless to say that the Central Govt. Employees have an urgent and important role to play in helping the flood victims and we shall have to rise upto the occasion, as in the past when such national calamities occurred.  The National Secretariat of the Confederation of Central Govt. Employees & Workers calls upon the entireity of Central Govt. Employees to donate one day’s salary to the Prime Minister Relief Fund and extend our full support to the flood victims to rebuild their lives.
          All the Affiliates of the Confederation, State Committees (C-O-Cs) and CHQ Office bearers are requested to make maximum efforts to collect and remit the donations to Prime Minister’s Relief Fund.
(M. Krishnan)

Secretary General, Confederation