DEPARTMENT OF POSTS TO HOLD CHILDREN'S DAY 2015 STAMP DESIGN COMPETITION

MANGALURU: Department of Posts is holding Children's Day 2015 Stamp Design Competition on the theme 'A Day in the Rains'. Any Indian citizen aged less than 18-years may participate. The design, an original work, could be in ink, water or oil colours or any other medium. The design should be sent without being folded through speed post only in A4 size envelope. 

Participants should mention stamp design contest on the contest envelope. Selected designs may be considered for use on stamps or other philatelic material. The prize for first, second and third places is Rs 10,000, Rs 6,000 and Rs 4,000 respectively. 

Entries should be sent to office of ADG (Philately), room # 108(B), Dak Bhawan, Parliament Street, New Delhi on or before August 31. Log on to www.indiapost.gov.in and refer to notification for Children's Day 2015 Stamp Design contest.

Source : Times of india

EXPECTED DA FROM JULY 2015′ IS FINALIZED AS HIKE BY 6%.

EXPECTED DA FROM JULY 2015′ IS FINALIZED AS HIKE BY 6%.

AICPIN For The Month Of June 2015 – Expected DA July 2015 Finalized

3 Points increased and pegged at 261.

As per the press release of Labour Bureau today, the All India Consumer Price Index (IW) is increased by three points from the existing level and stands at 261.

So, ‘Expected DA from July 2015′ is finalized as hike by 6%.

JOINING AS POSTMASTER RAYAGADA HO

 SRI DURGA PRASAD SABAT ON PROMOTION TO HSG-II JOINING AS POSTMASTER 

,RAYAGADA HO ON 23.07.2015 AT RAYAGADA.

         WELCOME TO SRI SABAT ON BEHALF OF RAYAGADA HO STAFF.

8 Small Saving Schemes to Reap Big Benefits

8 Small Saving Schemes to Reap Big Benefits

Written By Admin on April 17, 2015 | Friday, April 17, 2015

‘Save money and money will save you’ is the only shortcut mantra to build a strong financial future for you and your family. It’s not your salary that makes you rich, it’s your habit of saving that decides your path.

There are many options available that would help you increase your wealth. The Economic Times has collected some of the government schemes that you may find easy and safe to start with.

Let’s explore:

# Post Office Monthly Income Scheme: Post Office Monthly Income Scheme (POMIS) is one of the safest schemes to invest as it assures guaranteed return on your investment. This scheme is offered by the Indian postal service to help individuals to earn substantial returns with a short locking period.

Often urban investors are reluctant t o make investments under POMIS. The maturity period for this scheme is 5 years and it is offered with an interest rate of 8.4 percent. You can start opening your account with minimum of  1,500 to a maximum limit up to 4.5 lakh in a single account and  9 lakh in case of a joint account.

# Kisan Vikas Patra: The government of India has initiated Kisan Vikas Patra scheme for the investors who aspire to double their money. This scheme allows you to double your money in hundred months or 8 years and 4 month.

Kisan Vikas Patra can be a profitable option for people who fall in lower income status and who don’t get access to other regular financial products. It offers an attractive and secure interest rate of 8.7 percent and has a lock in period of 100 months.

# Public Provident Fund : Public Provident Fund or PPF is a long term debt scheme introduced by the Indian government. You can get tax benefits if you invest in PPF account. An investment in PPF will offer you 8.7 percent of the interest rate.

In PPF your returns are compounded. This means you can not only earn returns on the money you invested but you can even earn interest on the interest earned. This is an additional advantage of this scheme which makes its special than others.

# 10 Year National Savings Certificate: The 10 Years National Savings Certificate is a popular and a safe small savings instrument. It is issued by the post offices in India. It offers assured benefits and tax returns. 

This scheme offers a risk free saving option to the investors. The interest rate of NSC is 8.8 percent and it has a maturity period of 10 years. You can start with a minimum deposit of  100. There is no maximum limit to invest in NSC.

# Senior Citizens Savings Scheme: Senior Citizens Savings Scheme offers higher returns to the investors. The rate of interest earned in this scheme is 9.3 percent.

The scheme comes with a maturity period of five years. The most interesting thing in this scheme is the interest is paid out every quarterly during the tenure. This small saving scheme offers secure returns with an investment limit of  1,000.

# 5 Year National Savings Certificate: 5 Year National Savings Certificate offers 8.5 percent of a rate of interest to the investors. Under the Section 80 C, NSC scheme allows you to claim for tax deduction benefits up to  1.5 lakh.

With 5 years of lock in period, this scheme proves to be one of the safest and easiest investment option for the individuals who want to make benefit s within a short span of time.

# Sukanya Samridhi Yojna: The Sukanya Samridhi Yojna was initiated by the Honorable Prime Minister Narendra Modi with an aim to promote girl child education and her marriage expenses. This small deposit scheme for a girl child fetches a rate of interest of 9.2 percent ( Every year it may vary) . Interest will earn upto 21 years from the Date of opening of account.

The account can be opened at any time from the birth of the baby girl till she attains the age of 10 years. This scheme encourages parents to send their daughters to study and brighten their future.

# 5 Year Post Office Time Deposits: 5 Year Post Office Time Deposits is a scheme offered in the post offices in India. This scheme offers 8.5 percent of the rate of interest with a lock in period of five years.

An investor can open an account with a minimum investment of  200. It has no maximum limit instead investments done should be in the multiples of  200.

With all of the above saving options, the government aims to encourage people to contribute a small amount of their incomings towards savings, to make a healthy and wealthy India. Let’s come together and join hands in this endeavor to make more money for a better and secured future.

Source : http://www.siliconindia.com/ ,  BENGALURU

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RBI nod to Post Bank of India expected by July this year : Ravi Shankar Prasad

Union Minister Ravi Shankar Prasad today said he expects Reserve Bank of India(RBI) to grant payment license to proposed Post Bank of India by July. He said the network of 1,54,000 post offices (including 1,30,000 rural post offices) equipped with payment bank facility will bring new revolution.

On proposed Post Bank of India for which permission is pending with Reserve Bank of India, Union Minister said, “by July August the payment bank license is ought to be given. We have 1,54,000 post office. With opening of payment bank there will be new financial revolution. We have 1.5 lakh service sectors involved. We want our 1.30 lakh rural post offices also to be covered under this network.”

Briefing about one year achievements of his department Prasad said, “In last one year 27,215 post offices are networked into one national unit through computers. Money transfer etc facilities are available through this network. 1,30,000 solar powered handheld bio-metric devices to be provided to rural post offices. ”

“In previous year there were 4 ATMs, in this year 115 ATMs are installed. Core banking solution availability is up from 236 to 2590 post offices in one year.”

“E-commerce cash on delivery revenue has been up from Rs 100 crore to Rs 500 crore in a year. Parcel revenues grew by 37% this year from 2% decline in previous year. 28 new parcel centers are established to boost e-commerce.”

“CAG report laid in parliament on May 2015 highlights that speed post service is better than private couriers. The survey was conducted in 8 states before this conclusion.”

Shri G C Dwivedi, SPM, Damanjodi S.O. has retired from service on 30.4.2015 on superannuation

Shri G C Dwivedi, SPM, Damanjodi S.O. has retired from service on 30.4.2015 on superannuation

Dear Comrades,

Shri G C Dwivedi, SPM, Damanjodi S.O. has retired on 30.4.2015 on superannuation. 

On the occasion of his retirement from Govt. Service, Rayagada HO bids him a respectful farewell and wishes him a good-health and peaceful life in his post-retirement days. 

Seventh Pay Commission: Infact Central Employees will richer or....

Seventh Pay Commission: Infact Central Employees will richer or....

New Delhi: Nowadays, the table of expected pay scales in 7th pay commission comparing with the 6th pay commission is sharing in huge on social networking sites. 

According to the said table the expected pay of the lowest category of employees (Peon/Khalasi/Mali/Chowkidar) will be enhanced from Rs.7,000 to Rs.21,000 at the time of entry in service.   

Similarly the entry pay of clerk will enhance from current Rs.11,360 to Rs.34,080.  The entry pay of the Director level officers in Ministry will enhance from currently Rs.46,100 to 1,38,300.  

And what about the Secretaries in Ministry, currently they are getting fixed pay of Rs.80,000, which may be increased to Rs.2,40,000.  Similarly the pay of Cabinet Secretaries will be enhanced from Rs. 90,000 to 2,70,000.  

However, while an officer of finance ministry was asked upon this, then he stood this misleading. According to him the seventh pay commission was constituted on 28th February, 2014 and the commission has the 18 months time to give its report.  Presently commission is on work.  No any interim report has been given by the commission like this.   

The coming time will tell us that whether it is right or only speculations.  And it is also to see that employees will richer or ...... 

The above article is the translation of following hindi news:-

सातवाँ वेतन आयोग - वया सही में केंद्गीय कर्मचारी होंगे मालामाल या फिर ....

नयी दिल्ली: - इस समय सोशल साइटों पर सातवें वेतन आयोग के संभावित वेतनमान से संबंधित एक टेबल भी खूब शेयर किया जा रहे है जिसमें छठे वेतन आयोग का वेतनमान सातवें वेतन आयोग के संभावित वेतनमान की तुलना है। इस टेबल में जो संभावित वेतनमान दर्शाया जा रहा है, उसके मुताबिक सरकार में सबसे निचले वर्ग के कर्मचारियों (चपरासी/खलासी/माली/चौकीदार आदि) का नौकरी में प्रवेश करते वक्त वेतन अभी के 7000 रुपये से बढ़ कर 21000 रुपये हो जाएगा।  

इसी तरह किरानी का इंट्री वेतन अभीके 11360 रुपये से बढ़ कर 34080 रुपये हो जाएगा मंत्रालय में निदेशक स्तर के अधिकारियों का इंट्री वेतन तो वर्तमान के 46100 रुपये से बढ़ कर सीधे 138300 रुपये पर पहुंच जाएगा। मंत्रालय में सचिव की तो बात ही मत पूछिए। अभी उनका फिक्स वेतन 80000 रुपये होता है जो बढ़ कर 2,40,000 रुपये पर पहुँच जाएगा।  इसी तरह केबिनेट सचिव का वेतन वर्तमान 90,000 रुपये से बढ़ कर 2,70.000 रुपये पर पहुंच जाएगा।  

हालांकि वित्त मंतातय के एक अधिकारी से जब इस पर बात की गई तो उन्होंने इसे भ्रामक करार दिया।  उनके मुताबिक 28 फरवरी 2014 को तो सातवें वेतन आयोग का गठन ही हुआ है और इसे 18 महीने का वक्त दिया गया है।  अभी तो आयोग अपना काम कर ही रहा है । इस तरह की अभी कोई अंतरिम रिपोर्ट नहीं आई है। अब यह क्यासे ही है या सही यह तो आने वाला वक्त ही बताएगा और देखने वाली बात होगी की कर्मी मालामाल होते है या फिर.....

Image Source: http://www.govemployees.in/wp-content/uploads/2015/05/ya-phir.jpg

via : http://karnmk.blogspot.com/

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