KAVALIPOST

Saturday 20 April 2013

9th Federal Council of NFPE - Reception Committee formed in Hyderabad - A.P

NFPE 9th Federal Council Reception Committee formation meeting held at B-1, P&T qrs. Chikkadapally, Hyderabad- 500 020 on 19-04-2013.
The meeting was presided by Com.R.J.Madhusudanarao, Chairman, Circle Coordination Committee & Circle Secretary, R-III, NFPE. Com.K.Ramachandram, Convener, CoC invited all the leaders to the dais.
Com.M.Krishnan, Secretary General, NFPE inaugurated the meeting by elaborately narrated the role of  NFPE in the postal trade union movement and the significance of present 9th Federal Council in the background of policies of the Govt.
Com.V.Nageswararao, General Secretary, CCGEW, Com.T.Satyanarayana, General Secretary, AIPAEA, Com.P.Suresh, General Secretary, R-IV, Com.M.N.Reddy, General Secretary, APRPA, Com.P.Mohan, General Secretary, AIPCPCCWF, Com.R.Sivannarayana, President, Gr.C(CHQ), Com.Sk.Humayun, President, P-IV (CHQ), Com.Y.Nagabhushanam, Working President, AIPCPCCWF, Com.A.P.Sasthry (former All India President, AIPAEA), Com.M.Nagavardhanarao, Leader, RJCM & Former Circle Secretary, R-III were present and addressed the meeting.
The other leaders viz., Com.D.A.S.V.Prasad, Circle Secretary, Gr.C., Com.B.Narasimhulu, Circle Secretary, R-IV, Com.T.Suresh, Charman, City Coordination Committee, K.Narayanarao, Circle President, Gr.C., Com.B.Pamulu, Circle President, R-III, Com.Sudhakar, Dy.Circle Secretary, AIPAEA were also present and addressed the meeting.
Com.M.S.Baig, Divl Secy, Hyd. City Dn., Com.S.S.R.A.Prasad, ACS, Gr.C., Com.Ramachander, Divl Secy, MMS unit, Com.Jagadeesh, P-IV., Com.Nagaraju, Divl Secy, AIPCPCCWF, Com.S.A.Naidu, R-IV, Com.Gopal, Divl. Secy, R-IV, Com.Manohar, Divl Secy, R-III, Com.K.Muktar Ahmed, Divl Secy, ‘Z’ dn. Were are also participated in the meeting.

RECEPTION COMMITTEE :

Chairman                     :     Prof. K.Nageswar, Member of Legislative Assembly, A.P
Working Chairman      :     Com.D.A.S.V.Prasad, Circle Secretary, Gr.C.
General Secretary        :    Com.K.Ramachandram, Convener, Circle Coordination Committee,
     NFPE
Financial Secretary      :   Com.D.Narasimhamurthy, Treasurer, Circle Coordination  
                                        Committee, NFPE
All the General Secretaries, All India Presidents, CHQ office bearers representing NFPE affiliated Unions, all Circle Secretaries, all Circle Presidents of NFPE unions and many other comrades & representatives of NFPE affiliated Unions are in the Reception Committee & various committees formed for 9th Federal Council.

COMMITTEES FORMED:

Finance Committee,          Food Committee,    Transport Committee, Publicity committee

Programs Committee,       Cultural Committee,           Stage & Decoration committee,  Mahila  Committee.

Meeting concluded with the vote of thanks by Com.Ramireddy, R-III.



                     



CHQ MEMBERS OF ALL INDIA ASSOCIATION OF POSTMASTER CAD CHQ MEMBERS OF ALL INDIA ASSOCIATION OF POSTMASTER CADRE - DAK BHAVAN VISIT....A REPORT


CHQ MEMBERS OF ALL INDIA ASSOCIATION OF POSTMASTER CADRE, 
VISITED DAK BHAVAN ON 17TH APRIL 2013




Dear postmaster,


All India Association of postmaster cadre ad hoc committee members were attended  meeting with DDG(P) on 17th April 2013 on appointment.

Official side members:
Shri.V. P. Singh, DDG(P)
Shri. Kajlaji
Shri. Hariharanji
Shri. Rajkumar Director (staff)
Smt. Alka Tiwari, ADG (SPN)

STAFF SIDE MEMBES :
Shri.Ganesh Sable General Secretary (AIAPC)(proposed) SMT.Savithri
Venkatesan PRESIDENT(AIAPC)(proposed)
Shri S.K.Singh Represented UP circle
Shri. Kantha Raja Represented K'natka circle
Shri. Rajiv Huilgol Regional co ordinator
Shri.Shailesh Seth Asst.Gnl.Secretary(AIAPC)(proposed) 

Meeting started at 11.15 a.m and concluded by 12.30 p.m

Following points were discussed in the meeting: 

1. Filling up of GR III posts immediately. 

Department is now keen in implementing          the old recruitment rules of HSG I immediately to make the way to fill up the GR III posts.  

When the loss of seniority and
Financial loss to the senior officials was raised by the staff side, it is assured that in case of any loss of seniority in case of any Postmaster, that will be considered on representation.

 As per the departmental view Postmaster Cadre is a Sun rising cadre with bright future. 

 The Grade III posts will be immediately created as and when the single eligible official will be posted.  

2.  Adhoc promotion to GR I officials: 

 Eligible feeder cadre officials can be posted in the postmaster Gr II on ad hoc basis.  When asked about the circular on the issue, issued by the Directorate on filling up of short term vacancies:

It is replied that postmaster cadre officials should approach the concerned CPMG through forum till the approval of the non federated associationexclusively for postmaster cadre officials. 

Therefore the CHQ requests all the circle coordinators to form one ad hoc committee in the circle level immediately for asking for bi/four monthly meetings with PMG and at the regional level and CPMG at Circle level. 

3. Allowing the postmaster cadre officials to appear for IP and GRB examination: 

The Postmaster cadre officials are entered in this cadre on their own willingness as their future promotion will be on the same hierarchy.
So the question of appearing for the other cadre examination is not possible.
In lieu of that 100% Sr. Postmaster cadre Posts will be earmarked for the Postmaster cadre officials. 
4.              Administrative, Disciplinary and all other functional powers to Postmaster cadre officials:
The Postmaster cadre officials will also conferred with the Administrative, Disciplinary and all other functional powers equal lent as in the case of LSG/HSGII/I and IP and ASP. Orders will be issued shortly.

5. Reduction of promotion eligibility period :
Eligibility of Promotion period between GR I to GR II and III will be reduced as in the case of general line.
6. All India Gradation list of postmaster is under process and shortly orders will be issued for identified offices of Sr. Postmaster at all India level. 

In view of the above,

 i)                           this is intimated to all India Postmasters to be ready for the pre recognisation process for approval to form an All India Association of Postmaster cadre, viz., giving resignation to the presently attached P3 service Unions.

ii    Form an ad hoc body in the circle level     as per the  procedure  laid down in the constitution which was already supplied to the concerned circle coordinators on 01.10.2012.
ii)                       Collection of Rs.50/- as subscription and funds for the association should be started and the shares as mentioned in the constitution should  be distributed to Regional, Circle and CHQ under receipt and books of accounts should be maintained as envisaged in the CCS(RSA) Rules 1993.

iii)                     All the circle ad hoc committee should prepare a data of all the details of their members.

iv)                      Compliance of the above procedure should be intimated to CHQ in Maharashtra circle immediately to prepare a data base for reference.

Dear Postmasters, we are living in changing scenario of the department. So our collective attitude only will bring good results as we dreamt about the cadre when it was introduced by the department.
Therefore be united and make possible representation in the seventh Pay commission when it is constituted or if any injustice noticed and when we are deprived our rights to knock the door justice, our collective effort is urgently needed.

The approach of the CHQ is only a starting journey to knock the door of administration. Therefore all are requested to make ready them selves for verification process for which the circulars will be issued very shortly.

Show your unity and give power for representation with administration.

With regards,
Ganesh Sable,
General Secretary,
AIAPC(Proposed)
Camp at Maharashtra Circle.

POST OFFICE SAVINGS BANK – SCHEMES AND INTEREST RATES (from 01.04.2013)



(from 01.04.2013)

Sl. No
SAVINGS
SCHEME
DEPOSIT PERIOD

INTEREST RATE

DEPOSIT LIMITS
FEATURES & TAX CONCESSIONS
1
Savings Account

(SB)

-
4 % per annum

(Interest will be added to the A/c on 1st April of every year)
Minimum Balance:
Rs.50-  (for Ordinary A/c)
&
Rs.500-  (for Cheque A/c)

Savings Account with the facility of making Deposits and withdrawals whenever the depositor wants through cash/cheque.
Can be used for crediting the interest of MIS/SCSS/TD Accounts and for debiting the monthly RD deposit amount every month automatically.
2
Recurring
Deposit

(RD)
5 Years
8.3 % Quarterly
Compound Interest
(Approximately Equal to
9.48% p.a simple interest)

For example:
Maturity for denomination of
Rs.100-   will be Rs.  7,445-
Rs.200-   will be Rs.14,891-
Rs.500-   will be Rs.37,227-
Minimum Denomination:
Rs.10- per Month

Maximum:
No limit

Deposit can be made in multiple of Rs.5-


Monthly deposit scheme with fixed denomination.
Suitable for Salaried people and for Monthly savinginvestors
Penalty fee @Re.1 for Rs.50- denomination will be collected for one default month if the monthly deposit not made within the last date.
Account cannot be continued if it has six default months.
Rebate amount will be given for advance deposit for 6/12 months.
A/c Can be closed after 3 years only (with SB rate of Interest)
50% amount in the A/c can be taken as loan after 1 year if eligible.
A/c can be extended with or without deposits for further period of 1/2/3/4/5 years.
3
Monthly
Income
Scheme

(MIS)
5 Years
8.4 % per annum
(Payable every Month)

For Example:
Rs.1050- p/m for Deposit Rs.1,50,000-
Rs.3150- p/m for Deposit Rs.4,50,000-

Maximum :
Rs.4,50,000- (for Single A/c)   &
Rs.9,00,000- (for Joint A/c)

Deposit can be made in multiple of Rs.1500-
Useful scheme for pensioners and people those who want to get Monthly income on their deposits.
No bonus from 01.12.2011
A/c can be closed after 1 year with deductions.
For higher interest:
If the Monthly Interest is automatically credited into RD account every month, total returns will be around 10.4% p.a
4
Senior
Citizen
Savings
Scheme

(SCSS)
5 Years
9.2 % per annum 

Payable Quarterly,
(4 times in a year)

(Quarterly interest shall be payable on the Last working day of March, June, September, December)
Maximum Limit:
Rs.15,00,000-

Deposit can be made in multiple of Rs.1000-

Amount exceeding
Rs.99, 000- should be made by Cheque only.

Useful for pensioners/Senior citizens who want to get periodical income from their deposit amount. (Deposit also eligible for Income tax rebate)
Minimum Age:  60 Years and For persons who retired on VRS : 55 Yrs
Single and Joint A/c (with spouse only) can be opened.
A/c can be closed after 1 year with deductions.
TDS will be deducted on interest earned if the interest is more than
Rs.10, 000/- p.a. 
(If form 15-G/H is given every year TDS will not be deducted)

5
Time
Deposit

(TD)







1 year
2 year
3 year
5 year
Below mentioned interests are Quarterly Compound interests and payable every year.



Quarterly             Equivalent
Compound           Simple Interest
Interest
 8.2 % QCI       =  8.46 % p.a
 8.2 % QCI       =  8.46 % p.a
 8.3 % QCI       =  8.56 % p.a
 8.4 % QCI       =  8.67 % p.a
Deposit can be made in multiple of Rs.200-

No maximum limit on deposits
Useful scheme for persons who want to deposit their Money for a specific period like 1/2/3/5 years
Can be closed after 6 months only with SB rate of Interest.
If the A/c (except 1 yr T.D) closed after one year, 1 % interest will be deducted on the interest rate of Completed year TD.
5 year TD amount eligible for income tax benefit under section 80C.
6
Public Provident Fund

(PPF)
15 years
8.7 % per annum *
(compounded yearly)

Note:
* Interest rate that changes from time to time will be applicable for the balance in the A/c

Minimum amount:
Rs.500- per Financial Year.

Maximum deposit:
Up to Rs.1, 00,000- in a financial year.
Useful scheme for Income Tax payers as the PPF Deposits qualify for deduction from income under Sec. 80C of IT Act.
Interest is completely tax-free.
One Withdrawal is permissible every year from 7th financial year.
Loan facility available from 3rd financial year.
PPF can be opened by any adult in his/her name and in the name of a Minor as a Guardian.
Maximum 12 deposits can be made in a year
7
National
Savings
Certificate

(NSC
VIII issue)
5 year
8.5 %
half-yearly compound interest
(payable at the time of maturity)

which is equivalent to simple interest rate of10.32 % p.a
Certificates Available in
Rs.100-, Rs 500-, Rs.1000-,Rs. 5000-, Rs.10000-
Denominations

No maximum limit on investment.

Useful scheme for Income Tax payers as the NSC investments qualify for tax rebate under Sec. 80C of IT Act.
Can be encashed on maturity only (i.e., after 5 years).
Loan can be taken by pledging the NSC bonds at nationalized banks.
Maturity amount for Rs.10,000- NSC will be Rs.15,162- after 5 years
8
National
Savings
Certificate

(NSC
IX issue)

10 year
8.8 %
half-yearly compound interest
(payable at the time of maturity)

which is equivalent to simple interest rate of13.65 % p.a

Certificates Available in
Rs.100-, Rs.500-, Rs.1000- ,Rs.5000-,Rs.10000- Denominations

No maximum limit on investment

Useful scheme for Income Tax payers as the NSC investments qualify for tax rebate under Sec. 80C of IT Act.
Can be encashed on maturity only (i.e., after 10 years).
Loan can be taken by pledging the NSC bonds at Nationalized banks
Maturity amount for Rs.10,000- NSC will be Rs.23,660- after 10 years


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