31 January 2017
India Post Payments Bank will be a game changer for financial inclusion-Manoj Sinha
IPPB branches launched in Raipur & Ranchi
Finance
Minister, Shri Arun Jaitley and Minister of Communications Shri Manoj Sinha
launched the operations of the India Post Payments Bank (IPPB) here today as
two pilot branches at Raipur and Ranchi through video conferencing from Delhi.
Speaking
on the occasion, Shri Jaitley said that about 650 IPPB branches will be opened
by September this year and that will have a multiplier impact as far as banking
in India is concerned. He said with IPPB, banking at the doorstep will no
longer remain a mere slogan, but will become a reality due to huge postal
network in the country. He said that financial Inclusion is critical for the
socio-economic development of the country, but there are significant gaps in
this area and a large proportion of country’s population remain unbanked or
underbanked. IPPB will effectively leverage the ubiquitous post office network
with its pan-India physical presence, long experience in cash handling and
savings mobilization, backed by the ongoing project of IT-enablement, to bridge
this gap in Financial Inclusion.
In
his address, Minister of Communications Shri Manoj Sinha has commended the hard
work done by the Department of Posts in setting up the India Post Payments Bank
and hoped that both organizations will work in tandem to take the benefits of
government schemes and financial services that are not easily available in
rural areas to customers across the country and to the marginalized population
in urban and rural areas alike. He said, the objective of IPPB will be public
service rather than promoting commercial interests.
Secretary,
Department of Posts, Shri B.V.Sudhakar said that the IPPB is widely expected to
be a game changer for financial inclusion in the country as the USP of this
initiative is doorstep banking, particularly in the rural areas.
As
mandated by the RBI, the India Post Payments Bank (IPPB) would focus on
providing basic financial services such as all kinds of payments; including
social security payments, utility bill payments, person to person remittances
(both domestic and cross-border), current and savings accounts up to a balance
of Rs 1 lac, distribution of insurance, mutual funds, pension products and
acting as business correspondent to other banks for credit products especially
in rural areas and among the underserved segments of the society.
Set
up us a 100% Government of India owned Public Limited Company under the
Department of Posts, it will open around 650 branches in district HQ locations.
All 1.55 lacs post offices including the 1.39 lac of the rural post offices
will be mapped to the IPPB branch at the district headquarter and function as
access points for IPPB. IPPB will usher in state of the art internet and mobile
banking platforms, digital wallets and use innovative and emerging technologies
to catalyse the shift from a cash dominant to a less cash economy.
While
many other banks and financial institutions are working on the same theme, the
USP of IPPB will be its ability to ease access and handhold the adoption of new
age banking and payments instruments among citizen of all walks of life through
the delivery by postmen and Grameen Dak sevaks, savings agents and other
franchisees who will take banking to door steps. IPPB thus aspires to the most
accessible, affordable and trusted bank for the common man with the motto - “No
customer is too small, no transaction too insignificant, and no deposit too
little”.
Given
‘in principle’ approval by the RBI along with 10 other aspirants on 19th Aug
2015, IPPB received the cabinet’s approval on 1st June, 2016 and was
incorporated as on 17th Sept, 2106. Today it became the second payments bank to
launch its operations. Having got its final banking license from the RBI on the
20th Jan 2017 it has commenced operations in record time of 10 days in
partnership with the Punjab National Bank, after obtaining all necessary
approvals and registrations from the RBI, NPCI etc.
A
commemorative stamp and a logo of the new bank were also launched on the
occasion.
 |
| The Minister of State for Communications (Independent Charge) and Railways, Shri Manoj Sinha addressing at the launch of the India Post Payments Bank branches, through video conferencing from National Media Centre, New Delhi on January 30, 2017. The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley and other dignitaries are also seen. |
 |
| The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley and the Minister of State for Communications (Independent Charge) and Railways, Shri Manoj Sinha jointly launching the India Post Payments Bank branches, through video conferencing from National Media Centre, New Delhi on January 30, 2017. |
 |
| The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley and the Minister of State for Communications (Independent Charge) and Railways, Shri Manoj Sinha releasing a commemorative stamp, at the launch of the India Post Payments Bank branches, through video conferencing from National Media Centre, New Delhi on January 30, 2017. |
OPERATIONS AND MAINTENANCE OF RICT DEVICE:
Click
below link to download RICT materials
CLICK
HERE FOR FULL DETAILS
The
introduction of Hand-held Device viz., Main Computing Device (MCD) with all its
peripherals going to be used in Branch Post Offices is well presented for the
information of GDS and all others.
This
gives us preliminary information along with some theoretical knowledge (for
unaware GDS) & practical knowledge (for those who are in good practice in
some Circles/Divisions) over the MCD (Hand-held Device) and its usage in BOs.
29 January 2017
28 January 2017
India Post Payments Bank To Launch Operations In Ranchi, Raipur
India Post is likely to launch the first two branches of its payments bank—India Post Payments Bank (IPPB)—in Ranchi and Raipur on a pilot basis, an official familiar with the plans told BloombergQuint. The two branches are likely to begin operations within a week.
Over the next couple of months, IPPB will be in a position to offer banks a network through which they can sell their products, said a second government official while speaking on the condition of anonymity. IPPB will also offer services through internet and mobile banking, and prepaid instruments like mobile wallets and debit cards, according to the website.
Payment banks are intended to offer deposit and remittance services to customers but are not allowed to lend directly. They can, however, cross-sell products by third party providers to their customers.
India Post has a wide network of 1,54,939 post offices, of which 1,39,222 post offices are located in rural areas. This network can be used by IPPB for selling third party products or for disbursal of subsidies, the second official quoted above said.
The Department of Posts was given an in-principle approval to launch a payments bank by the Reserve Bank of India on August 19, 2015. On being satisfied that the applicant has complied with the requisite conditions laid down by the regulator, a final licence is given. The process has now been completed for IPPB.
The training of employees for the payments bank division is already underway and the government will soon appoint a chief for the India Post Payments Bank. Department of Investments and Public Asset Management’s Joint Secretary A.P. Singh has been appointed as the interim managing director and chief executive officer. IPPB has invited applications to fill around 1,060 vacancies across the entity.
The government is banking on IPPB to further its financial inclusion agenda. As part of his last Independence Day speech, Prime Minister Narendra Modi said that the India Post Payments Bank will help spread banking into the hinterlands.
"The post office is an example of our identity. We have revived and rejuvenated our post offices. It is now linked with the poor and small persons. If any government representative gets the affection of a common man in India, it is the postman. Everyone loves the postman and the postman also loves everybody, but we never paid attention towards them. We have taken a step to convert our post offices into payments banks. Starting with this, the payments bank will spread the chain of banks in the villages across the country in one go."
Prime Minister Narendra Modi (August 15, 2016)
Source : http://www.bloombergquint.com
27 January 2017
GDS COMMITTEE REPORT - CHAPTERWISE AND ANNEXURE WISE DOWNLOAD LINK
Shri
Kamalesh Chandra Committee submitted report on GDS system to the Department
& Government on 24th November 2016.
The
copy of the Report published in DoP website on 18-01-2017.
It
contains 434 pages with 20 Chapters and 39 Annexures with some other
pages.
Downing
loading of the Report Copy once at a time is more time taking and felt
difficulty.
CHAPTER
- 2 : NET WORK OF GDS POST OFFICES (12 PAGES)
CHAPTER
- 3 : CATEGORIES OF GDS(10 PAGES)
CHAPTER
- 4 : VIABILITY OF GDS POST OFFICES (21 PAGES)
CHAPTER
- 5 : WORK LOAD ASSESSMENT (8 PAGES)
CHAPTER
- 8 : LEGAL STATUS OF GDS ( 7 PAGES)
CHAPTER
- 11: ALLOWANCES (15 PAGES)
CHAPTER
- 13: EX GRATIA BONUS (5 PAGES)
CHAPTER
- 14:METHODS OF ENGAGEMENT (11 PAGES)
CHAPTER
- 15:CAREER PROGRESSION ( 6 PAGES)
CHAPTER
- 17:DISCIPLINARY RULES (7 PAGES)
CHAPTER
- 18:SOCIAL SECURITY SCHEMES (14 PAGES)
CHAPTER
- 19:WELFARE SCHEMES (10 PAGES)
CHAPTER
- 20:FINANCIAL IMPLICATION ( 4 PAGES)
ACKNOWLEDGEMENTS (3
PAGES)
The
following Annexures contains Statistical tables, data collection and etc.,
ANNEXURE
: 01 - 10 (37 PAGES)
ANNEXURES
: 11 - 15 (41 PAGES)
ANNEXURES
: 16 - 25 (31 PAGES)
ANNEXURES
: 26 -30 (25 PAGES)
ANNEXURES
: 31 - 39 ( 30 PAGES)
After
going through the GDS Committee Report, the Committee observations and comments
on GDS system and on GDS beside on the part of Department and Govt are so
impressive and courageous.
In brief, the comments
are extracted here :
1.
The
GDSs working in the net work of GDS Post Offices are Ambassadors of
Department of Posts, Ministry of Communications in the rural and remote areas
of India……
2.
The Govt
of India still holds the same position and has so far held that the Gramin
Dak Sevaks are not departmental employees. They are outside the Civil Services
of the Union and shall not claim to be at par with the Central Government
Employees……
3.
Currently,
a large number of well educated, talented and capable youths are joining
GDS posts and strengthening the GDS system and this trend is likely to
propel growth of the Department in the coming days……
4.
The
Committee observed that in last several decades, the Department has not
invested enough to strengthen the network of GDS Post Offices until
recently……
5.
The quality
of life of GDSs and their family’s needs to be improved by
harmonizing their wages and other emoluments in tune with present day’s needs
and aspirations of young GDSs joining the workforce….
6.
The
Committee also noted that a large number of them are totally dependent
upon the emoluments received from the Department and has no other means of
livelihood to supplement their income…….
7.
The
Committee views that the demand of regularization of their services is due
to better emoluments, reliability and security of regular government
service. The Committee noted that GDSs are exploited at the hands of their
local supervisors because of existing wage structure and their legal
status. The administrative powers such as “put off duty” are exercised on frivolous
charges and frequently used for exploitation rather than as remedial measures.
8.
The
Department recognizes the engagement of GDSs as contractual, but the present
method of engagement and disciplinary proceedings, job contents, risks and
responsibilities are getting closer to the regular employees of the
department….
9.
that
there is tendency to withhold the legitimate demands of GDSs which are due to
them, based on the apprehension that they will get closer to regular employees
and their claim for regularization will be strengthened in
the Court of Law, if such demands are allowed. The Committee finds this
as unreasonable and counter productive for the Department. It also
deprives them of living a happy life in the changed situation where financial
dependence on GDS position is increasing day by day because of shrinking
alternate means of livelihood…….
10. The
Department has lost its tag of having the largest network for
providing financial services to the customers by decelerating expansion of
network based on the assumption that GDS post offices are loss
making and adding to the overall deficit of the Department….
11. The
Committee observed that the ‘Rationalization of Postal Network Scheme’ has
also not worked on the expected line….. the Committee supports the demand for
presence of postal facility in the headquarters of each of 2.50 lakhs Gram
Panchayats and revamping of PSSK and FO Schemes my making it more remunerative
as opening of regular or GDS Post Office in each of such location may not be
feasible….
12. The
GDS Post Offices, is around 45% of the total deficit (Net Expenditure –
Revenue) of Rs.6258.60 crores and around 15% of the total expenditure of
Rs.17894.58 crores in the Financial year 2014-15………..the Committee found that
total expenditure on GDS system is far less than deficit of the Department.
13. Future
survival of the Department will largely depend on the successful management of
GDS Post Offices, which effectively for its “soul”.. It would be difficult for
the Department to survive without the soul…..
14. Tust
of GDS network which enables the Department to deliver trustworthy services in
each and every village of the country that can not be quantified in terms of
revenue…
15. The
Committee observed that the Sub Post Masters of single handed Sub Post Offices
do not encourage Branch Post Masters to increase their workload as it results
into increase in the workload of Sub Post Offices which they are unable to
handle properly due to lack of manpower……
16. Sub
Post Office by utilizing the services of capable and willing GDSs in the
single handed sub post offices…..
17. the
India Post Payment Bank which is going to be rolled out shortly will use the
strengths of the GDS net work and experiences of more than 2.60 lakhs
trustworthy Gramin Dak Sevaks serving in the Department of Posts….
18. the
GDS network can potentially wipe out the deficit (gap between the expenditure
and revenue) of the Department and emerge as rural digital hubs for delivery of
DBT and other postal, financial, remittance, third party and several e-services
to the rural population and forming an integral part of fulfilling SABKA
SAATH SABKA VIKAS agenda of the Central Government.
Source:
GDS Committee Report (Executive Summary)
23 January 2017
20 January 2017
Grant of Transport Allowance at double the normal to deaf and dumb employees of Central Government – Finmin Orders
“Transport
Allowance at double normal rates would be admissible to the ‘Hearing Impaired
employees having loss of sixty decibels or more in the better ear in the
conversation range of frequencies’ as per Persons With Disabilities (Equal
Opportunities, Protection of Rights and Fun Participation) Act, 1995”
No.20/2/2016-E-II(B)
Governmént of India
Ministry of Finance
Department of Expenditure
North Block, New Delhi
Dated: 17.01.2017
OFFICE MEMORANDUM
Subject: Grant of
Transport Allowance at double the normal to deaf and dumb employees of Central Government
In
supersession of this Department O.M.No.21(2)/2011-E-II(B) dated 19.02.2014
regarding admissibility of Transport Allowance at double the normal rates to
employees who are deaf and dumb. the undersigned is directed to say that the
matter has been re-examined and it has been decided with the approval of
Competent Authority that Transport Allowance at double the normal rates is
admissible to Hearing Impaired employees also in addition to employees who are
both deaf and dumb.
2.
Transport Allowance at double normal rates would be admissible to the ‘Hearing
Impaired employees having loss of sixty decibels or more in the better ear in
the conversation range of frequencies’ as per Persons With Disabilities (Equal
Opportunities, Protection of Rights and Fun Participation) Act, 1995.
3.
The admissibility of Transport Allowance at double the normal rates to above
categories of employees is subject to recommendation of the Head of ENT
Department of a Government Civil Hospital and fulfillment of other conditions
applicable in respect of other disabilities mentioned in D/o Expenditure’s O.M.
No. 19029/1/78-E-lV (B) dated 31st August, 1978 read with dated 29.08.2008.
4.
In so far as the persons serving in the Indian Audit and Accounts
Department are concerned, this order issues in consultation with the
Comptroller And
Auditor General of India.
5.
These orders would be effective from 19.02.2014.
6.
Hindi version is attached.
(Nirmala
Dev)
Deputy
Secretary (EG)
Summary of GDS report
Summary of GDS report
1. The minimum working hours of GDS Post Offices and GDS is increased to 4 hours from 3 hours.
2. The new working hours for GDS Post Offices will be 4 hours and 5 hours only.
3. The Level 1 GDS Post Offices/GDSs will have 4 hours as working hours and Level – 2 will have 5 hours as working hours.
4. The Point System for assessment of workload of BPMs has been abolished.
5. The new wage payment system is linked to revenue generation of GDS Post Offices. Under the new system, there will be no increase in wagess of BPMs from Level-1 to Level-2 on the basis of workload but the same will be increased based on achievement of prescribed revenue norms which is fixed at 100% for normal areas and 50% for special areas which presently have 15% anticipated income norms.
6. The GDS Post Offices not achieving the prescribed revenue norm within the given working hours will have to open GDS post offices for minimum of additional 30 minutes beyond the prescribed working hours.
7. The GDSs BPMs will be paid Revenue Linked Allowance @10% beyond Level 2 wage scale if they will be successful in achieving revenue beyond prescribed norms
8. The GDS Post Offices has been categorized into A,B,C and D categories based on the revenue generation norms. The GDS Post Office in A category will achieve 100% revenue. The Committee has recommended a set of actions for each category of GDS Post Offices.
9. The six approved categories of GDS are subsumed into two categories only. One category will be Branch Post Master and all other 5 categories of GDSs are subsumed into one multi tasking category.
10. The job profile of Multi Tasking GDS is expanded to include work such as Business Development and Marketing etc. Their jobs will no more be confined to their old designations. The Assistant BPM will assist BPMs for increasing revenue generation.
11. The GDSs working in the GDS Post Offices will be known as Assistant Branch Post Master (ABPMs) and those working in the Department Post Offices will be known as Dak Sevak (DS).
12. The minimum wage has been increased to Rs.10000/- per month and maximum to Rs.35,480/- per month.
13. The rate of annual increase is recommended as 3%.
14. A composite Allowance comprising of support for hiring accommodation for GDS Post Offices as well as mandatory residence, office maintenance, mobile and electricity usage charges etc. has been introduced for the first time.
15. Children Education Allowance @ Rs.6,000/- per Child per annum has been introduced for GDS.
16. Risk & Hardship Allowance @ Rs.500/- per month for GDSs working in the special areas has also been introduced.
17. A Financial upgradation has been introduced at 12 Years, 24 years and 36 Years of services in form of two advance additional annual increases.
18. The ceiling of ex-gratia gratuity has been increased from Rs.60,000 to Rs.5,00,000/-
19.The GDS contribution for service Discharge Benefit Scheme (SDBS) should be enhanced maximum up to 10% and minimum up to 3% of the basic wage per month, whereas the Department should contribute a fixed contribution of 3% of the basic wage of the GDSs.
20. The coverage of GDS Group Insurance Scheme has been enhanced from Rs.50,000/0 to Rs.5,00,000/-.
21. The contribution of Department in Circle Welfare Fund (CWF) has been increased from Rs.100/- per annum to Rs.300/- per annum.
22. The Scope of CWF is extended to cover immediate family members such as spouse; daughters, sons and dependent daughters in law in the scheme.
23. The Committee also recommended 10% hike in the prescribed limits of financial grants and assistance in the Circle Welfare Fund.
24. The Committee has recommended addition of Rs.10,000/- for purchase of Tablet/Mobile from the Circle Welfare Fund in the head ” Financial Assistance from Fund by way of loans with lower rate of interest (5%)”.
25. Provision of 26 weeks of Maternity Leave for women GDSs has been recommended.
26. The wages for the entire period of Maternity Leave is recommended to be paid from salary head from where wages of GDSs are paid.
27. The Committee has also recommended one week of Paternity Leave.
28. The Committee has recommended 5 days of emergency leave per annum Leave accumulation and encashment facility up to 180 days has been introduced.
29. Online system of engagement has been recommended.
30. The maximum age limit of 50 years for Direct Recruitment of GDSs has been abolished.
31.Minimum one year of GDS service will now be required for GDSs for Direct Recruitment into Departmental cadres such as MTS/Postman/Mail Guard.
32. Alternate livelihood condition for engagement of GDSs has been relaxed.
33. Voluntary Discharge Scheme has been recommended.
34. The Discharge age has been retained at 65 years.
35. The Limited Transfer Facility has been relaxed from 1 time to 3 Time for male GDSs. There will be no restriction on number of chances for transfer of women GDSs. The power for transfer has been delegated to the concerned Divisional head.
36. The ex-gratia payment during put off period should be revised to 35% from 25% of the wage and DA drawn immediately before put off.
37. The committee has recommended preferring transfer before put off duty.
38. The compassionate Engagement of GDS has been relaxed to give benefits to eligible dependents in all cases of death of GDS while in service.
19 January 2017
GDS Committee Report
To view
GDS Committee Report Part 1 please Click
Here
To view GDS Committee Report Part 2 please Click Here
To view GDS Committee Report Part 3 please Click Here
To view GDS Committee Report Part 4 please Click Here.
To view GDS Committee Report Part 2 please Click Here
To view GDS Committee Report Part 3 please Click Here
To view GDS Committee Report Part 4 please Click Here.
18 January 2017
CHQ News - LDCE : Inspector Posts for the year 2015-16 ..... updates
LDCE
for promotion to the cadre of Inspector Posts (66.66%) departmental quota for
the year 2015-16 was held on 22 and 23-10-2016 for 189 vacancies (OC-155, SC-26
and ST-8).
The
provisional key of the question papers was already published by the Department
on India Post website and representation thereon if any was called for from
candidates till 6-1-2017.
It
is learnt that department is examining the representations received from
candidates and thereafter final key will be again published on India Post
website for the information to all concerned.
Transforming Department of Posts
Short
Note:
Multiprotocol
Label Switching (MPLS) is a type of data-carrying technique for
high-performance telecommunications networks that directs data from one
networknode to the next based on short path labels rather than long network
addresses, avoiding complex lookups in a routing table.
Single Sign On-CSI-FSI Integration Process
From: DDG
(Technology)
Sent: Thursday, November 17, 2016 5:24 PM
To: All CPMG
Cc: ADG (CSI); Director (Technology)
Subject: Single Sign On-CSI-FSI Integration Process
Respected
Madam/ Sir,
As
you are aware the pilot (I) rollout of CSI has been successfully completed in
Mysuru Division, Karnataka. As part of the CSI project,each employee has been
provided with an employee code which will be used as a login ID.
The
counter-staff now has multiple log-in credentials viz; CSI log-in, Finacle
log-in and McCamish log-in. This system is not only cumbersome, time taking but
also not very secure from the point of view of authentication of financial
transactions.
In
view of the above points it has been decided that there shall be only one
log-in credentials per user for all applications. The CSI shall provide the
Single Sign On (SSO) solution for this functionality. . The SSO solution shall
ensure that each employee having the CSI log-in credentials should be able to
access Finacle and McCamish. The SSO shall have verification and authentication
system to make it a secure system. This would help the Employees as they will not
have to handle multiple log-in credentials. It will be beneficial for the
Department and the public as every financial transaction shall be
authenticated. The chances of frauds and embezzlements using others’ log-in
credentials will reduce drastically thus making the system more reliable and
secure.
It
is required that each employee’s ID provided by CBS and PLI is mapped with the
one provided by the CSI. This activity is essential to avoid any operational
difficulties once the SSO is rolled out. In order to do this mapping the
M/s TCS has provided a portal along with the log-in credentials for each
division. The CBS User-id and PLI user-id along with the mobile number and
Aadhar number are to be filled in for all employees on this portal. Some data
is pre-populated including mobile number and adhaar number for officials who
have already shared these details.
In
case of addition of new employees whose names might not be reflecting on the
portal, it is requested to follow the procedure of getting their AD user
created for them. Once their AD users are created the portal shall
automatically be updated and their names shall reflect on it.
It
is requested that due-diligence may be followed in this activity as SSO shall
become extremely important for smooth functioning of the Post Offices. The link
of the portal is given below:
The
log-in credentials is attached to this mail. It is requested to complete
this activity by 1st December, 2016.
Yours
Sincerely,
Ashish
Kumar
Deputy
Director General (Technology)
Ph:9650660777
Dak Bhawan,Sansad Marg,
New
Delhi-110001 Dak Bhawan,Sansad Marg,
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