No.14-01/2011-PAP
Government of India
Ministry of Communications & IT
(Establishment Division)
Dak Bhawan, New Delhi-110001
Dated 18th October, 2011
To
All Chief Postmaster General
All GMs (PAF) Director of Accounts (Postal)
Subject: Payment of Dearness Allowance to Gramin Dak Sevaks (GDS) at
revised rates w.e.f. 01.07.2011 onwards-reg.
revised rates w.e.f. 01.07.2011 onwards-reg.
Consequent upon grant of another installment of Dearness allowance , with
effect from 1st July, 2011 to the Central Government Employees vide Govern
ment of India , Ministry of Finance , Department of Expenditure, OM
No. 1(14)/2011-E-II(B) dated 3rdOctober,2011, the Gramin Dak Sevaks(GSD)
have also become entitled to the payment of dearness allowance on basic TRCA at
effect from 1st July, 2011 to the Central Government Employees vide Govern
ment of India , Ministry of Finance , Department of Expenditure, OM
No. 1(14)/2011-E-II(B) dated 3rdOctober,2011, the Gramin Dak Sevaks(GSD)
have also become entitled to the payment of dearness allowance on basic TRCA at
the revised rate with effect from 01.07.2011. It has, therefore, been decided
that the dearness allowance payable to the Gramin Dak Sevaks shall be
enhances from the existing rate 51% to 58% on the basic Time Related
Continuity Allowance with effect from the 1st July, 2011.
2. The additional installment of dearness allowance payable under this order,
shall be paid in cash to all Gramin Dak Sevaks. The payment of arrears of
dearness allowance for the months of July to September, 2011, shall not be
made before the date of disbursement of TRCA for the month of September,
2011.
2011.
3. The expenditure on this account shall be debited to the Head" Salaries" the
relevant head of account and should be met from the sanctioned grant.
4. This issues with the concurrence of Integrated Wing vide their Dairy
No. 123/FA/II/CS dated 18th October, 2011.
Sd/-
(Kalpana Rajsinghot)
Director (Estt.)
Tele o11-23096036
Paving way for over 1.5 lakh post offices to offer banking and insurance
services, especially in the hinterland, the government will soon make ame
ndments to 'The Indian Post Office Act, 1898'
services, especially in the hinterland, the government will soon make ame
ndments to 'The Indian Post Office Act, 1898'
"The draft amendment bill to make necessary changes in 'The Indian
Post Office Act, 1898' has been circulated by the Department of Post for
enabling post offices to enter banking and insurance sector," a source
privy to the development said.
Post Office Act, 1898' has been circulated by the Department of Post for
enabling post offices to enter banking and insurance sector," a source
privy to the development said.
He further said, "The Planning Commission is vetting the proposal to
convert post offices across the nation into full fledged banks and
provide insurance service." Besides mail service, post offices in the
country have broadly confined their business to offer financial services
like savings bank, postal life insurance, pension payments and money
transfer services.
convert post offices across the nation into full fledged banks and
provide insurance service." Besides mail service, post offices in the
country have broadly confined their business to offer financial services
like savings bank, postal life insurance, pension payments and money
transfer services.
The Department of Posts (DoP), which has the largest reach in the country,
has diversified in recent times with providing facilities like rail reservation
and telephone recharge coupons, but this move will substantially improve
its basket of services.
has diversified in recent times with providing facilities like rail reservation
and telephone recharge coupons, but this move will substantially improve
its basket of services.
The government, according to the source, wants to completely give
a new dimension to the way post offices do business in the country and
this Bill is a step towards that goal.With this initiative, the Department of
Post (DoP) wants to tap the vast rural market with modern banking facilities
through post offices.
a new dimension to the way post offices do business in the country and
this Bill is a step towards that goal.With this initiative, the Department of
Post (DoP) wants to tap the vast rural market with modern banking facilities
through post offices.
"We want to commercialise the department. We will seek a licence
from the RBI to convert all our post offices into banks," Telecom Minister
Kapil Sibal had recently said.The lack of modern banking facilities in rural
areas and dependence of villagers on informal sector for their credit requir
ements have prompted the government to work on financial inclusion by
way of setting up 'postal banks'.
from the RBI to convert all our post offices into banks," Telecom Minister
Kapil Sibal had recently said.The lack of modern banking facilities in rural
areas and dependence of villagers on informal sector for their credit requir
ements have prompted the government to work on financial inclusion by
way of setting up 'postal banks'.
"The State Bank of India can't build branches all over India, but there are
post offices across India. The branches are already there, so infrastru
cture expenditure is not required. So you can actually give banking facilities
at relatively lower costs, which would be extremely beneficial to people," he
had said.This will also pave the way for the DoP to offer ATM services and debit
post offices across India. The branches are already there, so infrastru
cture expenditure is not required. So you can actually give banking facilities
at relatively lower costs, which would be extremely beneficial to people," he
had said.This will also pave the way for the DoP to offer ATM services and debit
cards to its customers.
Courtesy: http://www.indianexpress.com
