Friday, September 5, 2014
DA RAISED TO 107 % wef 01.07.2014
Release of additional installment of Dearness Allowance to Central Government employees and Dearness Relief to pensioners due from 01.07.2014
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for the release of an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from 01.07.2014. This is an increase of seven percent over the existing rate of 100 percent of the Basic Pay/Pension, to compensate for price rise.
The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission. The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be of the order of approximately Rs. 7691 crore per annum and Rs.5127 crore respectively in the financial year 2014-2015 (i.e. for a period of eight months from July, 2014 to February, 2015).
CLOSING OF CENTRAL GOVERNMENT OFFICES IN CONNECTION WITH THE BYE-ELECTION O THE PARLIAMENTARY CONSTITUENCIES AND ASSEMBLY CONSTITUENCIES IN STATE ASSEMBLIES ETC. DURING SEPTEMBER,2014.CLICK HERE FOR DETAILS
SECRETARY STAFF SIDE NC JCM WRITES TO PRIME MINISTER FOR REVISING CEILING ON BONUS CLICK HERE FOR DETAILS
OFFICIAL USAGE OF WORDS -- "INDIA POST" -- "DEPARTMENT OF POSTS" -- "POSTAL DEPARTMENT" -- CLARIFIED
COMMITTEE TO EXAMINE UN-CLAIMED AMOUNT REMAINED IN PPF, POST OFFICE AND SAVINGS SCHEMES
Press Information Bureau
Government of India
Ministry of Finance
Government of India
Ministry of Finance
03-September-2014 18:01 IST
Finance Minister Approves Setting-up of A Committee to Examine un-Claimed Amount Remained in PPF, Post Office and Savings Schemes and Recommend how this Amount can be Used to Protect and Further the Financial Interest of the Senior Citizens.
The Union Finance Minister Shri Arun Jaitley has approved the setting-up of a Committee under the Chairmanship of Deputy Governor, Reserve Bank of India(RBI) to examine un-claimed amount remained in PPF, Post Office, Savings Schemes etc and recommend how this amount can be used to protect and further the financial interest of the senior citizens.
The Finance Minister, vide para 39 of his Budget Speech 2014-15, had announced that "a large amount of money is estimated to be lying as unclaimed amounts with PPF, Post Office, Savings Schemes etc. these are mostly out of investments belonging to the senior citizens and on their demise, remain unclaimed for want of relevant payment instructions" and has proposed to set-up a Committee to examine and recommend how this amount can be used to protect and further financial interest of the senior citizens.
Accordingly, with the approval of the Union Finance Minister, a Committee has been set-up with the following composition:
1) Deputy Governor, RBI - Chairman
2) Secretary, Department of Posts - Member
3) Joint Secretary (Law), M/o Law and Justice - Member
4) Dy. Managing Director of S.B.I - Member
5) Executive Director, Punjab National Bank - Member
6) Joint Secretary (Budget), DEA - Member
7) Joint Director, - Member Secretary
National Savings Institute
The Terms of Reference (TOR) of the Committee would be:
· Based on defined scope, by Reserve Bank of India, estimation of amount lying unclaimed under various scheme's (Small Savings and other Savings Schemes of banks) with Post Offices/ Public Sector Banks;
· Procedure for bringing such unclaimed deposits to a common pool to be suggested by the Committee. Changes, if any, required to be made in the legal framework may be suggested. Committee to also suggest if such a pool should be placed within Government account or outside it.
· Committee to recommend how this unclaimed amount can be used to protect and further financial interests of the senior citizens.
The Committee will submit its Report by 31st December 2014.
POSTAL EXAM : UPDATE AS ON SEPTEMBER 03, 2014
Schedule of Paper II (Computer Skill Test) for the following Postal Circles is as follows:
Postal Circles
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Exam Date
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Exam Time
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Jharkhand (20)
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17 to 18 September 2014
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09:00AM onwards in Batches of 1.5 hr each. Please check your Admit Card for timings
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Punjab (27)
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17 to 18 September 2014
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09:00AM onwards in Batches of 1.5 hr each. Please check your Admit Card for timings
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Postal Circles
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Exam Date
|
Exam Time
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Rajasthan (28)
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16 to 24 September 2014
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09:00AM onwards in Batches of 1.5 hr each. Please check your Admit Card for timings
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Postal Circles
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Exam Date
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Exam Time
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Gujrat (16)
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13 to 19 September 2014
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08:00AM onwards in Batches of 2.0 hr each. Please check your Admit Card for timings
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Postal Circles
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Exam Date
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Exam Time
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Chhattisgarh (14)
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9 to 11 September 2014
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09:00AM onwards in Batches of 2.0 hr each. Please check your Admit Card for timings
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Candidates for the above mentioned Postal Circles may check their status for Paper I by Logging into the website. Candidates, shortlisted to appear in the Paper II, may download the Admit Cards
Please keep visiting the website for exam schedules for other Postal Circles & updates.
Source : http://www.pasadrexam2014.in/
ACTION TAKEN REPORT ON THE MINUTES OF THE 24TH MEETING OF STANDING COMMITTEE OF VOLUNTARY AGENCIES (SCOVA).(Click the link below for details)
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