May 5, 2016
May 3, 2016
The deficit of Department of Posts (DoP) increased by 14.35 per cent to Rs 6,258.60 crore for fiscal 2014-15 due to increased staff costs.
Gross working expenditure stood at Rs 18,556.56 crore in 2014-15 as against Rs 16,796.71 crore in the preceding year.
"The increase was mainly due to payment of dearness allowance/annual increment, modified assured career progression, leave encashment during leave travel concession, cost of materials, fuel etc," the report said.
Total revenue earned including remuneration from savings bank and savings certificates in 2014-15 also increased 8.44 per cent to Rs 11,635.98 crore and the amount received from other ministries as agency charges (recoveries) was Rs 661.98 crore.
The total revenue for the year 2013-14 stood at Rs 10,730.42 crore and recoveries were to the tune of Rs 593.19 crore.
"During the financial year 2014-15, the deficit of the Department was Rs 6,258.60 crore against the previous year's deficit of Rs 5,473.10 crore, which is an increase of 14.35 per cent," the report added.
The Post Office provides postal services to the public through a large nationwide network. Besides providing purely postal services, post offices perform agency functions like saving bank, payment of pension, sale of cash certificate, among others, on behalf of other ministries of the government.
Source:-The Economic Times
Posted by Admin at 4:02 PM
Click here to view the NDTV news item with the Communication Minister Sri Ravi Shankar Prasad on the tranformation of Post offices.
Posted by Admin at 3:58 PM
Apr 29, 2016
Posted by Admin at 9:01 PM
RO,Vijayawada has ordered the following Rule-38 transfers in the cadre of Postal Assistant (DR) and P.A(DP).
Click here to view the RO, Vijayawada memo dated 28.04.2016.
Extant instructions of DoPT provide that reservation in promotion by non-selection method is available to SCs and STs in all Groups i.e. Group A, B, C & D. In case of promotion by selection method, reservation is available to SCs and STs upto lowest rung of Group A. There is no reservation in promotion by selection within Group A. Reservation in posts by promotion under the existing scheme is applicable in which the element of direct recruitment, if any, does not exceed 75%.
R.O,Hyderabad has ordered the following rotational transfers in Insopector Posts cadre vide memo no. PMG(H)/ST/6-5/IP/2016 dated 28.04.2016 .
Name & desgn
New place of posting
Y.Srinivas Naik IP Shadnagar
IP Mahabubnagar east
Prasun kumar IP Warangal
Md.Nayeemuddin IP Nalgonda North
IP Suryapet Est
L.Saidanaik IP Suryapet West
IP Nalgonda North
Noketo Rhesto IP SK. Nagar
IP Warangal North
E.Bhoomaiah IP Zahirabad
Naveenkumar IP Mahabubnagar west
IP Suryapet West
M.Venkatram IP Medak South
IP (C&PG) Karimnagar
Subbhabrata Dinda IP Adilabad
Posted by Admin at 7:50 PM
Apr 27, 2016
NDTV 24x7 news channel has done a story on India Post on the recent initiatives of the Department. The revised Telecast timings are as follows :
Channel : NDTV 24x7
Telecast Date : Saturday 30 th April 2016
Telecast Time : 1900 hours
Repeat Telecast: Sunday, 1 st May 2016 at 1200 noon.
Posted by Admin at 11:24 AM
The Seventh Pay Commission found inadequate the justifications offered by the Ministries for these allowances.
Secret allowance, family planning allowance, desk allowance, cash handling allowance, metropolitan allowance and headquarters allowance are among 52 of the nearly 200 allowances which the government could scrap soon.
Posted by Admin at 11:19 AM
Director, PTC, Mysuru has called for applications from volunteers to work as Instructor at PTC, Mysuru. ASP/IPs and Postal Assistants/Sorting Assistants with minimum of 8 years of service are eligible to apply for the posts. The last date for receipt of applications at PTC is 30.04.2016.
Click here to view Director, PTC notification dated 12.04.2016 on the above subject matter.
Posted by Admin at 11:16 AM
The minimum wage for contract workers has been increased to Rs 10,000 per month, Union minister Bandaru Dattatreya said on Monday.
The minister of state for labour and employment informed Lok Sabha that the wage hike has been implemented based on a Supreme Court verdict.
Posted by Admin at 11:07 AM
The finance ministry has approved 8.7 per cent interest on PF deposits for over 5 crore subscribers of retirement body EPFO, lower than 8.8 per cent decided by the Central Board of Trustees (CBT).
"The (EPFO's apex decision-making body) CBT, at its meeting held in February 2016, has proposed an interim rate of interest at 8.8 per cent to be credited to the accounts of Employees' Provident Fund subscribers for 2015-16. The ministry of finance has, however, ratified an interest rate of 8.7 per cent," labour minister Bandaru Dattatreya said in a written reply to the Lok Sabha on Monday.
This is probably the first time that the finance ministry has not given concurrence to the rate of interest on EPF as decided by CBT, which is headed by the labour minister.
Posted by Admin at 11:04 AM
Apr 25, 2016
Apr 21, 2016
R.O, Vijayawada has ordered the following transfers and Postings in Inspector Posts Cadre vide RO memo no ST-I/IPs/RT/2016 dated 21.04.2016.
Posted by Admin at 6:07 PM
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Posted by Admin at 12:15 PM
Posted by Admin at 10:49 AM