aipeu puri

aipeu puri

Friday 30 March 2012

MODEL REPRESENTATION FOR GRANT OF ONE INCREMENT


Government servants are aware that the Ministry of Finance and Railways, both have already issued orders for grant of one increment in the pre-revised pay scale to nullify the anomaly in respect of central government employees who were in receipt of pre-revised increment between February 2006 to June 2006.
A model requesting the concerned head of Office for grant of one increment and drawl of arrears is published below for ready use by the Officers:
MODEL REPRESENTATION FOR GRANT OF ONE INCREMENT
From
To,
Sir / Madam,
· Sub: Officers who were due to get heir annual increment between February to June during 2006 – Grant of additional increment as one time measure- Request for sanction and drawal of arrears – Reg.
Kind reference is invited to the Ministry of Finance, Department of Expenditure O.M.No.10/02/2011- E.III/A dated 19th March, 2012 wherein all the central government employees who were due to get their annual increment between February to June during 2006 were granted one increment on 1.1.2006 in the pre-revised pay scale as a one time measure and there after next increment in the revised pay structure on 1.7.2006 as per Rule 10 of CCS(RP) Rules, 2008 (Copy enclosed for ready reference).
I wish to submit that my increment in pre revised pay scale was on __________ and hence, in terms of the above Office Memorandum, I am eligible for one additional increment in pre-revised pay scale as a one time measure and also eligible for next increment in the revised pay structure on 1.7.2006 as per Rule 10 of CCS(RP) Rules, 2008.
In view of above submission, I request that one additional increment may kindly be granted and my pay may please be fixed as stipulated in above O.M. and that the arrears of pay and allowance may kindly be drawn and paid to me at an early date.
Thanking you ,
Yours Faithfully,

Tuesday 27 March 2012

Rates on small savings schemes increased




In its bid to render the National Small Savings Fund schemes more attractive to investors by way of returns and halt the tendency to switch over to bank deposit schemes, the government, on Monday, hiked the rates of interest on post office small savings plans by up to 50 basis points for the new fiscal year.

Accordingly, while the interest rate on savings deposits has been kept unchanged at 4 per cent — the same as in savings bank accounts — the rates for time deposits of one and two years stand increased by 50 basis points each to 8.2 per cent and 8.3 per cent, respectively.

For the more popular ‘monthly income scheme', however, the increase is slightly lower at 30 basis points and, thus, the interest rate for the five-year scheme stands pegged at 8.5 per cent while the interest on public provident fund has been upped from 8.6 per cent to 8.8 per cent.

The new rates are to come into effect from April 1 this year and remain valid for the whole of 2012-13.According to an official release here, the interest rate for three-year time deposits has been revised up from 8 per cent to 8.4 per cent while that for the five-year time deposit has been hiked to 8.5 per cent from 8.3 per cent. The five-year recurring deposit scheme will also fetch investors a higher interest of 8.4 per cent as compared to 8 per cent for the current fiscal.

Just as banks pay a higher return to senior citizens, the rate for senior citizens savings scheme has also been raised to 9.3 per cent from 9 per cent at present. Besides, the budget for 2012-13 has proposed a reduction in the age slab for the senior citizen category to 60 from 65.



The interest rate on the five-year and 10-year maturity National Savings Certificate has also been revised higher by 20 basis points each to 8.6 per cent and 8.9 per cent, respectively.

Saturday 24 March 2012

DA 7% FOR ALL CENTRAL GOVT EMPLOYEE

UNION CABINET HAS APPROVED DA 7% W E F JAN-2012 TO ALL CENTRAL GOVT.
EMPLOYEES.

Tuesday 20 March 2012

PAYMENT OF SPEED POST DELIVERY INCENTIVE BILLS BEFORE 31st MARCH, 2012



Copy of Business Development & Marketing Directorate letter No. 57-01/2005-BDD&MD dated 12th March, 2012.
This is regarding payment of Speed Post Delivery incentive to postmen in the Circles.
2.             It has been brought to the notice of this office that there is huge Pendency in the payment of Speed Post Delivery incentive bills pertaining to Postmen in Circles. In this regard, a kind reference is invited to BD&M Directorate letter No. 57-01/2005-BDD dated 17.06.2005 wherein clear instructions/clarifications have been reiterated to effect payment of incentive to delivery staff.
3.             In view of the above, it is requested that immediate action may be taken to effect all the payments of speed post delivery incentive bills pertaining to postmen before 31st March, 2012 after following existing instructions strictly.
4.             A compliance report in this regard is expected on or before 15.04.2012.
Sd/-
(Smit Kumar)
General Manager (SP&M)

Insurance Companies Mandated to Take Prior Approval of IRDA of their Products Before Launching



          The insurance companies are mandated to take prior approval from the Insurance Regulatory and Development Authority (IRDA) of the product before launching.
As per File and Use Guidelines, the insurance companies are required to launch products after allowing for 60 days for non-life and 30 days for life for clearance by the IRDA. Several times, however, the full details of the product, which are required in order to assess the product, are not furnished and consequently there is delay.
The time lag for this process depends on the complexity of the product, the price, features, benefits and terms and conditions of the product.
The shortest and longest time taken for product approval (from date of receipt to date of clearance) is in the ranges of 2 days to 1708 days, with an average time-lag of 109 days for the life insurance products, 103 days for the general insurance products excluding health insurance products and 176 days for health insurance products, as informed by IRDA.
Being a service industry, the popularity of insurance industry depends on the quality of service rendered by the company in terms of innovative products and speedy settlement of claims. The quality of service may be hampered if the products are not properly worded, under/excess priced and doesn’t meet the needs of the customer. IRDA has informed that need-based and reasonably priced insurance products by the insurance companies would increase the popularity of the industry.
This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in Rajya Sabha today.
Source : PIB release, March 20. 2012

MINISTRY OF FINANCE ISSUED ORDERS ON ANOMALY OVER INCREMENT BETWEEN FEBRUARY AND JUNE 2006


MINISTRY OF FINANCE ISSUED ORDERS GRANTING ONE TIME MEASURE INCREMENT ON 1.1.2006 FOR  ALL OFFICIALS WHOSE INCREMENT FELL DUE BETWEEN FEBRUARY AND JUNE 2006
 
 
JCM STANDING COMMITTEE MEETING HAD EARLIER DECIDED TO CONSIDER GRANT OF THE ABOVE INCREMENT AND ACCORDINGLY THE GOVERNMENT HAS NOW ISSUED ORDERS
 
ALL GOVERNMENT EMPLOYEES AS ON DUTY ON 1.1.2006 AND WHOSE DATE OF INCREMENT WAS BETWEEN FEBRUARY AND JUNE WOULD BE NOW GIVEN AN INCREMENT IN THE PRE-REVISED SCALE OF PAY AS 'ONE TIME MEASURE' AND THEN AGAIN ANOTHER INCREMENT ON 1.7.2006.
 
ALL SUCH OFFICIALS WHOSE PAY WILL BE REFIXED W.E.F. 1.1.2006 SHOULD GET ARREARS AND OFFICIALS WHO RETIRED AFTER 1.1.2006 WILL GET THEIR PENSION UPWARDLY REVISED WITH ALL CONSEQUENTIAL RETIREMENT BENEFITS.
 
THE ORDERS OF THE MOF IS AVAILABLE IN THE MINISTRY OF FINANCE WEBSITE OR YOU CAN DOWNLOAD THIS BY CLICKING ON THE LINK BELOW:
 
http://www.finmin.nic.in/the_ministry/dept_expenditure/notification/misc/DateofIncrement_RevPayRules2008.pdf

 

ADVANCES TO GOVERNMENT SERVANTS - RATE OF INTEREST FOR PURCHASE OF CONVEYANCES

F.No.5(2)-B(PD)/2011
Government of India
Ministry of Finance
Department of Economics Affairs
New Delhi, the 19th March, 2012
OFFICE MEMORANDUM
Subject : Advances to Government Servants - Rate of interest for purchase of conveyances during 2011-2012.
The undersigned is directed to state that the rates of interest for advances sanctioned to the Government servants for purchase of conveyances during 2011-2012 i.e. from 1st April, 2011 to 31st March, 2012 are revised as under :-
Rate of interest per annum
(i) Advance for purchase of conveyance other than motor car (viz., motor cycle, scooter etc.) 9%
(ii) Advance for purchase of motor car 11.5%
sd/-
(A.K.Bhatnagar)
Under Secretary (Budget)
INTEREST RATES ON GENERAL PROVIDENT FUND (GPF) HAS BEEN REVISED TO 8.6% (EIGHT POINT SIX PERCENT) WITH EFFECT FROM 1.12.2011...

Resolution - accumulations at the credit of subscribers to the GPF and other similar funds - 2011-2012(89 KB) (Dated 19th March, 2012)
(PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)
F.NO. 5(1)-B(PD)/2011
Government of India
Ministry of Finance
(Department of Economic Affairs)
New Delhi, the 19th March, 2012
RESOLUTION
It is announced for general information that during the year 2011-2012, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8% (Eight per cent) for the period from 1.4.2011 to 30.11.2011 and 8.6% (eight point six percent) with effect from 1.12.2011.

The funds concerned are:—
1. The General Provident Fund (Central Services).
2. The Contributory Provident Fund (India).
3. The All India Services Provident Fund.
4. The State Railway Provident Fund.
5. The General Provident Fund (Defence Services).
6. The Indian Ordnance Department Provident Fund.
7. The Indian Ordnance Factories Workmen’s Provident Fund.
8. The Indian Naval Dockyard Workmen’s Provident Fund.
9. The Defence Services Officers Provident Fund.
10. The Armed Forces Personnel Provident Fund.

2. Ordered that the Resolution be published in Gazette of India.

sd/-
(Brajendra Navnit)
Deputy Secretary (Budget)

Thursday 15 March 2012

ASP HQ PURI B M DAS MOHAPATRA TRANSFERRED

  

 

 



1.   The following Inspector of Posts promoted to ASP Cadre on regular basis vide C.O. Memo No. ST/24-15(1)/2004 dated 15th March, 2012 and allotted/posted as mentioned against each below:-


Sl. No.
Name               
S/Shri
Present Place of Posting
Region/Unit to which allotted
Place of Posting
1.
Gangadhar Mohanty
Offtg. ASP(OD), Puri
Head Quarter Region
ASP(OD), Puri
2.
Khageswar Mallick
Offtg. ASP(Bag), PSD, BBSR
Head Quarter Region
ASP(Bag), PSD, BBSR attached to CO as ASP(TO)
3.
Dillip Ku. Behera
APS
APS
---
4.
Tapas Ku. Dash
Offtg. ASP(PG), C.O, BBSR
Head Quarter Region
ASP(PG), C.O, BBSR
5.
Ms. Arunabala Mohanty
IP(PG), Bhubaneswar
Head Quarter Region
ASP(HQ), RMS ‘N’ Division, Cuttack Vice Shri Krupasindhu Panda transferred
6.
B.P.Padhi
Berhampur Region
Berhampur Region
-----
7.
G.B. Behera
APS
APS

8.
Jagadish Dash
IP, Kujang Sub-Division
Head Quarter Region
ASP(I/C), Jagatsingpur  Vice Shri Banamali Patra transferred on administrative ground




2.   The following Officers in ASP Cadre have been transferred and posted vide C.O. Memo No. ST/24-15(1)/2004 dated 15th March, 2012  in the interest of service as mentioned against each below:-


Sl. No.
Name               
S/Shri
Present Place of Posting
Place of Posting
1.
D.K.Samal
DPM, BBSR GPO
PI, RMS ‘N’ Divn attached to CO as ASP(Staff) vice Shri P.K. Nanda given adhoc promotion to PS Gr.B cadre
2.
Susen Peda
ASP(OD), Balasore
ASP(OD), RMS N Divn, Cuttack against the vacant post.
3.
B.M. Dasmohapatra
ASP(HQ), Puri Division
DPM, Bhubaneswar GPO vice Shri D.K. Samal transferred.
4.
Krupasindhu Panda
ASP(HQ), RMS N Dn, Cuttack
ASP(OD), Mayuarbhanj  Divn, Baripada against the vacant post.




3.   The following Officers in ASP Cadre have been transferred vide C.O. Memo No. ST/24-15(1)/2004 dated 15th March, 2012  in the interest of service on administrative ground as mentioned against each below:-


Sl. No.
Name               
S/Shri
Present Place of Posting
Region to which allotted on transfer
1.
Banamali Patra
ASP(I/C), Jagatsinghpur Sub-Division
Sambalpur  Region
2.
J.K. Jena
ASP(I/C), Bhubaneswar North Sub-Division
Sambalpur  Region


 4.   The following Inspector of Posts promoted to ASP Cadre on purely temporary and adhoc basis vide C.O. Memo No. ST/24-15(1)/2004 dated 15th March, 2012 and allotted/posted as mentioned against each below:-


Sl. No.
Name               
S/Shri
Present Place of Posting
Region/Unit to which allotted
Place of Posting
1.
Bijay Ku. Mishra
IP, Bhadrak East Sub-Division
Head Quarter Region
ASP(OD), Balasore Divn vice Shri Susen Peda transferred
2.
Nakula Behera
Berhampur Region
Berhampur Region
-----