Postmaster Grade I Examination 2013- Vacancy Position
The circle wise vacancy position of Postmaster Grade I Examination 2013 scheduled to be held on 30.06.2013 as communicated vide Directorate letter no A-34012/4/2012-DE dated 10.06.2013 is as follows.
CBI raid in post office fraud
ROURKELA: A CBI team raided houses of a post master and a Class IV postal employee here on Friday in connection with the alleged embezzlement of funds from account holders of Dumdapara sub-post office under Biramitrapur post office. The CBI officials refused to divulge details regarding the raid.
According to sources, a couple of account holders of the sub-post office in December, 2012, found that they had no money in their accounts even though their passbooks suggested otherwise. Following complaint of some customers, a departmental inquiry was initiated against post master Pradeep Lakra and Class IV employee Ram Dayal Sharma. They were transferred to elsewhere. During inquiry, it was revealed that deposited amount of many account holders was withdrawn through fake signatures. Later, the duo was suspended and CBI took over the case.
Government may ban NBFCs from running deposit schemes to protect investors
NEW DELHI: The government is considering banning non-financial companies from running deposit schemes as part of a move to strengthen the financial sector and protect millions of low-income investors who often get duped into buying unlicensed products promising unrealistic returns.
"It is being discussed if outright banning of such companies can be easily implemented," a senior official, who did not wish to be named, said, referring to regulations being deliberated upon by an inter-ministerial group.
Ponzi schemes have existed in India for years, largely because of the gaps in its financial sector regulations. In April, the problem surfaced again when an unlicensed financial scheme run by Bengal-based Saradha Group went bust, sinking the money of millions of investors, most of who were outside the banking system.
Curbing sale of such financial products, which target lower- and middle-income groups and invest mainly in real estate and plantation, is difficult as the companies that run them fall outside the regulatory radar. "Atpresent, they do not fall under the supervision of the RBI (central bank) or Sebi (market regulator), making it difficult to curb their activities," the official said.
The inter-ministerial panel is also considering creation of a central coordination agency toshare market intelligence between the central and state governments for better regulation ofnon-banking finance companies (NBFCs), multi-level marketing entities and companies running collective investment schemes.
"Such a co-ordinating agency will provide the platform where the regulators, central government and state governments can share and analyse data," the official said.
The issue of ponzi schemes has been highlighted by finance minister P Chidambaram. Earlier, a parliamentary panel, headed by former finance minister Yashwant Sinha, had suggested a blanket ban on such schemes and creation of a regulator to oversee their functioning or scrapping them altogether.
The inter-ministerial group, set up after the Saradha Group scam, has representation from the revenue and economic affairs department in finance ministry, ministry of corporate affairs, banking sector regulator RBI and Sebi.
To strengthen the existing mechanism, the RBI will also look at resetting the criteria for registration of NBFCs. "The RBI will also hold internal discussions ON WHETHER the principal business criteria for NBFCs should be the main part of the Act and not in subordinate legislations, which can be changed at a later stage," the official said.
The inter-ministerial group has also roped in the department of information technology to help regulate online deposit schemes.
"The overall strategy is to provide a quick and efficient redressal mechanism for investors who are duped by unincorporated bodies (UIBs), or unauthorised entities collecting deposits," the official said. The central government will also push all states to enact laws to protect the interest of depositors in financial establishments.
According to the official, the inter-ministerial group will not take up the issue of multi-level marketing companies, and companies such as Amway.
"The department of consumer affairs is already looking into the issue."
Com. Giriraj Singh, GS, R - III & others hospitalized
While returning from Gonda after attending Open Session of R - III U P Circle Conference , Com. Giriraj Singh, Genl. Secy. R – III, Com. R N Parasar, Com. Virender Tiwari, Com. V K Shaha met an accident in between Barabanki and Faizabadat 9.45 PM on 16.06.2013 and got admitted to Metro and Troma Hospital
The AIPEU, Group-C, Bhubaneswar Division wishes all an early recovery
Launch of Logistics Post Air Service
India Post has started “Logistics Post Air Service in Association with Air India on identified sectors amontst 15 linking airports, Agartala, Delhi, Mumbai, Kolkata, Nagpur, Bangalore, Hyderabad, Chennai, Pune, Ahmedabad, Imphal, Guwahati, Patna, Lucknow & Trivandrum (Thiruvananthapuram). The main features of this service include.
(i) First Category: Airport. Customer to deposit the consignment at the postal facility available at the airport premises at Logistics Post Air Booking Centre, Palam TMO, New Delhi – 110037 and the deliverywill be effected to the customer at the post office facility at the destination airport.
(ii) Second Category: City to City (on payment of additional charges). On payment of City to City charges, the consignment will be booked at Logistics Post Air Booking Centre, RMS Bhawan, Delhi - 110006 and the delivery will be effected at the Logistics Post Delivery Centres in the Destination city. (Minimum additional charges Rs 50 per consignment @ Rs. 1/- kg).
(iii) Third Category: Door to Door (on payment of additional charges). Pick up from the premises or delivery at the permises of the consignment (Minimum additional charges Rs. 100 per consignment @ Rs. 2/- per kg).
Charges shall be as per volumetric weight rates to be followed inaccordance with IATA standards (6000 cubic cm = 1 kg for the purpose). There will be four types of rates for Logistics Post Air Service viz.
(i) Standard rate - For consignment upto 49 kgs.
(ii) Bulk Rate (BA) - for 50 kgs to 99 kgs.
(iii) Bulk Rate (BB) - For 100 kgs to 249 kgs.
(iv) Bulk Rate (BC) - For 250 kgs & above
Source : PIB
IP (Departmental) Induction Training at PTC, Darbhanga w.e.f 11.07.2013 to 08.10.2013
WB Circle memo No WBV/Trg Cell/IPO Induction.2012 dated 17.06.2013.
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