KAVALIPOST

Tuesday, 12 May 2015

Launching of e-commerce centre and
India Post Mobile App at New Delhi


          The Union Minister for Communications & Information Technology, Shri Ravi Shankar Prasad addressing at the dedication of the e-Commerce Centre to the Nation and launch of India Post Mobile App, in New Delhi on May 11, 2015. The Secretary (Posts), Ms. Kavery Banerjee and other dignitaries are also seen.





Postal department has decided to rope in professionals from the private sector for Post Bank of India (PBI)


As PBI is to use the department's infrastructure - real estate, office premises, computers, information technology system and a large part of its staff - to run the payments bank, the department expects to earn a revenue of Rs 2,365 crore over the first five years of operations, through transfer pricing. This will help the government reduce the subsidy it annually gives the department for running its operations.

The postal department's deficit for 2015-16 has been pegged at around Rs 6,665.09 crore, according to Budget documents. This had stood at Rs 6,377.89 crore the previous year, and Rs 5,339.28 crore in 2013-14.

According to sources, the Reserve Bank of India (RBI) could approve issue of licence for this payments bank by August this year, after which the process for setting it up might start.

Within three months of getting the licence, the department will hire key resources like chief executive officer, chief financial officer, chief operating officer, chief people officer and chief risk officer, according to a presentation recently made before Communications Minister Ravi Shankar Prasad.

This core team will take up the increased responsibility during the first 12-18 months after approval of licence, and assume full charge around the date of the launch. PBI is expected to become viable within three years of operations and is projected to generate annual profits of about Rs 91 crore by the end of five years.

The department will soon move a Cabinet note for approval of Rs 650 crore as investment in the proposed payments bank.

For PBI, the plan is to have a hub-and-spoke model. There will be 650 main branches where the department will have head or bigger post offices. Subsequently, 25,000 'spoke' branches will be set up, while some 130,000 post offices with act as business correspondents for the payments bank.

The idea will be to target rural customers with products like small savings accounts, payments/remittances services and assistance in getting loans and insurance products from third-party institutions. For urban customers, the products will include pre-paid wallets for easy remittances and micro insurance products. Also, there will be an attempt to tap micro and small businesses with their products. The focus will be on high-volume, low-value transactions and providing small savings accounts and payment services to migrant labour, low-income households and the unorganised sector, according to the presentation.

The department had earlier proposed a fully-owned and new entity as an umbrella firm for its four or five strategic business units, to look after banking & financial services and insurance, and for offering third-party products, besides e-commerce and management of government services.

And, a few of these units will be hived off into separate entities; a feasibility study for setting up new units will start sometime this year.

The postal department has a 150,000-strong network of post offices across the country which directly employ 500,000 people. The department is largely moving in line with the report of a panel headed by former Cabinet Secretary T S R Subramanian in this regard.

In the Budget speech this year, Finance Minister Arun Jaitley had said the government was committed to increasing people's access to the formal financial system. "The government proposes to utilise the vast postal network, with nearly 154,000 points of presence across villages of the country. I hope the postal department will make its proposed payments bank venture successful, so that it contributes further to the Pradhan Mantri Jan Dhan Yojana."

While remittance is a big segment, 55-60 per cent of this happens through the unorganised sector. The department is looking to strengthen its foothold in this space. Half of India's remittance market, estimated to be worth Rs 2 lakh crore, is in the informal sector, and does not reflect in official numbers (on remittances through India Post, mobile wallets, etc) for want of clarity on definition of migrants.

Apart from India Post, other applicants for a payments bank licence include Bharti Airtel, Vodafone India, Idea Cellular, Uninor and Reliance Industries. Unlike full-fledged banks that make money on float through arbitrage - they lend money at higher interest rates than what they pay depositors, and do not charge on transaction services - this proposed payments bank will charge for services, primarily cash-outs and cash-ins. The proposed entity could deposit the amount in government securities and earn annual interest at 8-8.5 per cent, and it might give customers three to four per cent on the amount. However, unlike scheduled banks, they will not be allowed to use the cash for giving loans.

Source : http://www.business-standard.com/article/companies/post-bank-to-get-professionals-from-pvt-sector-115051100059_1.html

Official Android Application Of India Post By CEPT

Download App from Google Play Store : Download

Demo Video : View

Postinfo - screenshot thumbnailPostinfo - screenshot thumbnail

Description

Postinfo - Department Posts Android Mobile Application

Postinfo, the citizen centric android Mobile application of Department of Posts developed by Centre for Excellence in Postal Technology .The app provides the following facilities;
1) Tracking
2) Post office search
3) Postage Calculator
4) Insurance premium calculator
5) Interest calculator
Brief description of each facility is given below;
TRACKING: The tracking facility is made available on this mobile app for the following types of mail items.
• Speed Post • Registered Letter • Insured Letter
• Value Payable Letter • Insured Value Payable Letter • Registered Packets
• Registered Periodicals • Registered Parcel • Insured Parcel
• Value Payable Parcel • Insured Value Payable Parcel • Business Parcel
• Business Parcel COD • Express Parcel • Express Parcel COD
• Electronic Money Order (e-MO)



The users can view the status of the above mentioned type of articles by entering the articles number and touching the Track button. The following additional facilities are also available.
• Save the results for future reference
• Share it with others through Android native sharing apps viz. Bluetooth, WhatsApp, Facebook etc.


POST OFFICE SEARCH: By entering first four character of the name of the Post office or by entering the Pin code of the office the users can get a list of matching Post offices. By clicking again on the row the user gets the details like Name of Post office, Street address (location), contact details of the Post office (where ever available) for the selected Post office. The name of the Division and contact details of the Divisional Superintendent (where ever available), details of Regional Postmaster General and the Chief Postmaster General will also displayed.


POSTAGE CALCULATOR: The app will calculate the Postage (tariff) to be paid for all types of articles based on the weight entered by the user. The unique feature of the Postage Calculator is that in single query it shows the tariff chargeable for the following items..

• Ordinary letter • Speed post Domestic *
• Registered letter • Ordinary Parcel
• Registered Parcel • Registered book packet
• Registered book packet containing Printed books • Ordinary Registered book packet
• Ordinary book packet containing Printed books • Book packet containing periodicals
• Book packet containing Registered News papers
• *Domestic Speed Post Tariff depends on distance between place of origin and destination.
• Based on tariff there are 5 slabs of tariff viz. local, up to 200 KM, 201 to 1000 KM, and 1001 to 2000KM and above 2000KM. The calculator shows the tariff for all categories)


PREMIUM CALCULATOR The Department is offering various types of Life Insurance Policies through Postal Life Insurance and Rural Postal Life Insurance. The users can check the premium payable for all the eligible types of Postal /Rural Postal Life insurance Policies on the basis of the input entered.


INTEREST CALCULATOR Post office is offering different types of Small Savings Schemes as mentioned below:
• Sukanya Samriddhi yojaana • Recurring Deposit
• Time Deposit (1 year, 2 year, 3 year and 5 year) • Monthly Income Scheme
• Senior Citizen Savings Scheme • National Savings Certificate
• Kisan Vikas Patra
The calculator shows the interest rate for each savings scheme. By entering the amount

CLICK HERE TO DOWNLOAD FROM PLAY STORE

https://play.google.com/store/apps/details?id=info.indiapost


Difference in process: Sanchay Post and CBS Finacle – Major issues


Issues
Process in Sanchay Post
Process in Finacle
1. A/c Open
A/c opening with CIF
No Customer Information File (CIF) concept in Sanchay Post.
CIF has to be created for every depositor. On migration, CIF is created for each depositor or guardian
Funding of accounts
Deposit is accepted at the time of A/c opening and purchase of certificates.
Deposit is called Funding. Account can be funded either at the time of opening or after opening.
2. Cash Certificate
Issue of certificate
 
1. Certificates are issued against new registration No.
2. On issue of certificate stock is reduced & certificate No. comes.
 
 
1. On migration, account is created for each certificate. One account is opened against each certificate. Under one Registration No. 25 A/cs (certificates) can be opened / issued.
 
2. Stock is linked to printing of certificate. User has to invoke the menu of printing a certificate to issue certificate & get certificate Number. Then the stock gets reduced.
 
Certificate transfer / Name change
For Certificate transfer from one person to another or single to joint or joint to single, old certificate is to be discharged and new certificate is to be issued.
CIF is to be created for new depositor and then CIF of earlier depositor is to be suspended. New CIF is to be attached to the existing certificate. On the physical certificate, name of old customer is to be rounded and new customer to be added. In case of single to joint, name of new customer is to be added on the existing certificate.
 
NC4a issue
If certificates are not in stock, NC4a receipt is issued from Sanchay Post and amount is accounted against certificate issue. Later, certificates are issued on receipt of stock against this NC4a receipt.
Receipt from NC4(a) has to be issued indicating denominations selected in A/c opening (denomination selected cannot be changed later). An account is opened against each certificate and Counter PA has to enter the NC4(a) receipt number in the relevant field. On of stock, the Counter PA has to print certificates against account created under NC4(a).
3. Cheque Transaction
Cheque clearance
Cheques are entered against A/c Nos. and for new A/cs marking as New Account against A/c No. Lists are printed at SOs and sent to HO with cheques. In HO, cheques of SOs and HO are entered in Sanchay Post and combined list is handed over to Treasurer along with cheque for clearing. After clearance, HO Counter makes accounts of his own cheques, accounts for SO cheques as Part-II and sends intimation to SO under part-III for posting in SO ledger.
Cheque clearance is totally different from Sanchay Post. It has a full-fledged Cheque Clearing Module. Cheque for Savings A/cs, can be lodged/entered against the relevant account. Cheques for other schemes are to be lodged against specified Office Account.
Till CSI, comes, the cheque clearance will be handled by the Treasurer as earlier. Treasurer will be handed over two lists, i.e one of Sanchay Post and another of Finacle.Posting of cheques lodged in Finacle will be done in Finacle at HPO level.
When SOs will come in Finacle, there will be no need to send any intimation to SO for posting. In case of new accounts, SO can see the credit happen in Office Account of HO and can open and fund/make deposit in account from the office account putting date of credit as value date.
Once CSI comes, the clearing house activities will be handled by Treasurer by using Finacle CBS cheque clearing module.
Account opening through cheque
Account opened through cheques can be opened and credited by selecting the cheque details from the list of cheques cleared in Sanchay Post.
Cheques of other Banks cannot be lodged against the scheme or account number. These are to be lodged in Office A/c. On receipt of credit, the account can be funded /deposited by debiting/withdrawing amount from that Office A/c.
While opening new accounts, cheque details to be filled in Remarks field so that the same comes in remarks column of LOT.
 
Subsequent deposits through cheque in RD & PPF A/cs
These cheques can be lodged/entered against the RD and PPF accounts and on receipt of clearance, deposit can be given by just selecting the relevant cheque number from the list.
Cheques have to be lodged against designated Office Account and on clearance, each and every deposit is to be made in the relevant RD and PPF account by debiting relevant office account. There are chances of mistakes and the procedure is time consuming also.
4. Death Claim
Death Claim closure
The Counter PA has to enter date of death and all other calculations are done by the Sanchay Post system.
Different processes are followed for different death claim cases. CIF of the deceased has to be suspended.
In case, nominee or legal heir wants to continue account, his/her CIF has to be created and existing account has to be attached with new CIF.
All the nominees or legal heirs have to come together to claim amount as there is no provision to keep the amount in the account for the nominee or legal heir who does not claim along with other one.
5. Inventory
Inventory process
Inventory process is for local office and maintained for Cheque, KVP/NSC & Passbook with facility to enter invoice number details.
There is no provision for Passbook inventory. Process of inventory of certificates and cheque books is also different.
6. Office A/c
Maintenance of Office accounts
There is no concept of Office Accounts as it is based on Single Entry system.
It is based on Double Entry Accounting system. Every entry has two legs i.e Debit/withdrawal and Credit/Deposit. Many Office Accounts have been opened for taking care of the second leg of posting. LOTs are also printed based on the second leg of posting and General Ledger Balances/Scheme-wise Balances in an office are also created with the second leg of posting. Some of the Office Accounts are to be operated by Counter P.As and Supervisors and some are maintained by the System itself.
Many of these accounts have to be watched by SBCO or Postmaster or Division/Region/Circle/DAP Offices in the shape of reports.
7. RD
RD agent portal
There is a provision to attach RD Accounts with an identified MPKBY Agent and when agent presents List (LOT), amount of List can be accepted pending its posting. Amount of all such Lists are reflected in RD LOT and posting against pending LOTs can be done at a later date with date of presentation of List as date of deposit.
There is no provision to accept RD List (LOT) without posting at the counter. Once account is attached to the agent (migrated from Sanchay Post or opened in Finacle), deposit cannot be accepted at the counter in that account unless depositor gives in writing to cancel the attachment with agent.
For bulk acceptance of RD deposits from MPKBY Agents, an Agent Portal has been developed which can be accessed through DOP website using internet.
All MPKBY agents are allotted Login ID and Password to operate Agent Portal. On login into Agent Portal, all live RD accounts attached with the agent are visible to the agent. Agent can select the installment month and default fee or rebate will be calculated by the system. MPKBY Agent can prepare List (LOT)s in three different modes i.e cash with limit of Rs.10,000/-, by POSB Cheque and by other Bank Cheque. One MPKBY Agent list should contain maximum 50 A/cs.
System generates one reference number on the printed List (LOT). On presenting the list, Counter PA enters the reference number and compares the entries in the printed LOT and does the needful. System once again validates the entries and accepts the deposits. If any deposit is rejected, Counter PA can print the revised LOT and return the excess money to agent. Counter PA will save the transaction posted and then Supervisor has to validate the posting. In case of other Bank cheques, no posting is done until clearance of cheque. On credit receipt, the List can be accepted for posting by debiting that Office Account.
There is no provision to keep the posting of RD pending. Agent commission automatically gets credited into Agent’s Savings account after deducting the TDS. All entries of all agent LOTs will be printed in the Counter LOT. Therefore, it is advised that only one counter should be identified for accepting agent LOTs.
8. Savings A/cs
Savings /NSS /PPF A/c closure
Savings A/c closure, all calculations of closing interest are done by the software.
The balance is to be made Zero by withdrawal. Then closing interest to be viewed, if required to be calculated. Closing interest has to be seen by going through transaction details or by invoking print report. Supervisor while authorizing closure is not able to see any amount.
9. Specimen Signature
Shifting of signature scanning and other related work to CPC.
Signatures are scanned at the Post Office counter. There is no provision of signature scanning in SOSB and also no provision for photo scanning in Sanchay Post.
Earlier Process: ECMS document scanning and storage system was implemented. Counter PA has to take additional signatures on the perforated slip of new Account Opening Form (AOF) and paste the same in SS Book after tearing from AOF. AOF with KYC documents was sent to CPC daily. At CPC, AOF & KYC documents were matched and on acceptance, these were scanned in ECMS and uploaded into Finacle Core. The scanned images were available in ECMS and CBS Finacle both and any CBS post office is able to view. Photo and signature were separately stored & available in the shape of an icon called “SVS” for Finacle withdrawal and closure screens. Physical documents are sent back to concerned Post Office by CPC along with rejected documents showing the objection for rectification. Post Office will get the rectification done and resubmit the documents with AOF to CPC.
Process from 1st April 2015: New simplified 1 Page (back to back) Account Opening/Purchase of Certificates Application Form (AOF) is to be used. The new customer has also to fill (for one time), KYC Form in duplicate and put photo and signature on the same. AOF, KYC Form (one copy) and KYC documents (New / existing customer & returned from CPC) should be preserved at Post Offices in A4 size Ring Binder date-wise. One copy of “KYC Form” is to be sent to CPC for scanning. At CPC, photo and signatures are attached with CIF & account level. “KYC Form” received at CPC will be preserved at CPC.
10. Term Deposits
Payment of interest in MIS,TD, SCSS etc.
 
1. Interest is credited into the MIS/TD/SCSS Accounts and also paid from the A/cs.
2. Interest is credited to the customer’s Savings A/c on written request called Standing Instruction (SI) – Auto transfer.
3. Interest is paid for the day of account opening and not for the day of closure.
4. Rounding off was being done every quarter / month as the case may be, to the higher side of a rupee if interest is in 50 paisa or more.
5. Interest is calculated equally for every month.
 
1. Interest is not credited to the MIS/TD and SCSS A/cs. Interest of these accounts is calculated and credited into specific office Sundry A/cs. Interest is also has to be paid from the Sundry Account.
2. Interest is credited to customer’s Savings A/c on due date automatically on specifying the repayment A/c. It is desired that all such customers should be requested to open Savings A/c and link as repayment A/c.
3. Interest is not paid for the day of account opening and is paid for the day of closure. Total interest in both the cases will be same.
When account is opened in Sanchay Post and closed in Finacle, one day’s interest will be paid extra. Therefore, this extra interest is being deducted in Finacle during first payment after migration.
4. Finacle adjusts rounding off every quarter/month to restrict total interest to the actual rate of interest. Therefore, any extra interest already paid in Sanchay Post due to higher rounding off is also deducted during interest credit of first quarter/month after migration.
5. Interest is calculating on basis of number of days in a month from the date of opening of account. That is why the interest amount differs from month to month / quarter to quarter.
11. Transfer of A/c
Transfers between finacle and non finacle offices
There is a provision to transfer any account to any post office and it generates Advice of Transfer along with Transfer journals.
The account transfer in / out can be done among CBS post office only. There is no need to generate any AT or Transfer Journals or do the pairing. Only, the post office, after satisfying the genuineness of depositor, has to change the home SOL(post Office) of the account and account will be transferred on the spot. A report can be generated showing accounts transferred from one SOL to another in all CBS post offices. Only PPF & SCSS can be transferred between CBS & non-CBS Post Offices.

 

Age concession for direct recruitment to civil posts/services under the Central Government to Persons with Disabilities


Age concession for direct recruitment to civil posts/services under the Central Government to Persons with Disabilities

Grant of age concession to the Persons with Disabilities suffering from (a) blindness or low vision, (b) hearing impairment and (c) locomotor disability or cerebral palsy for directrecruitment to civil posts/services under the Central Government.


G.I., Dept. of Per. & Trg., O.M.F.No.15012/1/2003-Estt.D, dated 12.5.2015

Subject: Grant of age concession to the Persons with Disabilities suffering from (a) blindness or low vision, (b) hearing impairment and (c) locomotor disability or cerebral palsy for direct recruitment to civil posts/services under the Central Government.

This Department intends to issue a consolidated instructions regarding grant of age concessionto the Persons with Disabilities suffering from (a) blindness or low vision, (b) hearing impairment and (c) locomotor disability or cerebral palsy for direct recruitment to civil posts/services under the Central Government.

2. Before the instructions in the Draft O.M. (copy enclosed) are finalized, all stakeholders, Ministries/Departments are requested to offer their comments/views, if any, in this regard latest by 11th June, 2015 at the e Mail address dire]-dopt@nic.in.

sd/-
(Mukta Goel)
Director(E-I)

G.I., Dept. of Per. & Trg., O.M.F.No.15012/1/2003-Estt.(D), dated….

Subject: Grant of age concession to the Persons with Disabilities suffering from (a) blindness or low vision, (b) hearing impairment and (c) locomotor disability or cerebral palsy for directrecruitment to civil posts/services under the Central Government.

The undersigned is directed to say that the following age concessions have been provided to physically handicapped persons for recruitment under the Central Government:

(i) Provision of ten years concession in upper age limit for Group C and D posts filled throughemployment exchanges issued vide O.M.No.15012/6/77-Estt.(D) dated 28.1.1978;

(ii) Provision of five years’ concession in upper age limit (10 years for SC/ST, 8 years for OBC) for recruitment to Group ‘A’ and ‘B’ posts otherwise than through Open Competitive Examination issued vide O.M.No.15012/5/92-Estt. (D) dated 27.7.1995; and

(iii) Provision of ten years concession in upper age limit (15 years for SC/ST, 13 years for OBC) for recruitment to Group A,B,C and D Civil Posts/Services filled through Open Competitive Examination issued vide O.M.No.43019/28/86-Estt.(D) dated 1.2.1999.

2. The question of prescribing uniform age-concession for direct recruitment to all Civil Posts/Services under the Central Government has since been examined and in supersession of the OMs referred to at (I), (H) and (iii) above the following has been decided:

(i) Age relaxation of 10 years (15 years for SC/ST and 13 years for OBC candidates) in upper age limit shall be allowed to persons suffering from (a)
blindness or low vision, (b) hearing impairment and (c) locomotor disability or cerebral palsy in case of direct recruitment to all civil posts/services under the Central Government identified suitable to be held by persons with such disabilities, subject to the condition that maximumage of the applicant on the crucial date shall not exceed 56 years.

(ii) The age concession to the persons with disabilities shall be admissible irrespective of the fact whether the post is reserved for person with disabilities or not, provided the post is identified suitable for the relevant category of disability. This provision will not apply to the Civil Services Examination, in respect of which the List of Services Identified suitable for Physically Disabled Category along with the Physical Requirements and Functional Classifications is notified separately.

(iii) Relaxation of age limit would be permissible to such persons who have a minimum of 40% disability.

(iv) The definitions of above categories of disabilities, for the purpose of age relaxation, will be same as given in this Department’s O.M. No. 36035/3/2004-Estt(Reservation) dated 29th December 2005.

(v) If a person with disability is entitled to age concession by virtue of being a Central Government employee, concession to him/her will be admissible
either as a ‘person with disability’ or as a ‘Central Government employee’ whichever may be more beneficial to him/her. This provision will not apply to the Civil Services Examination, which is governed by the Civil Services Examination Rules, published annually.

(vi) Provisions of this O.M. will not be applicable to a post/service for which other specific provision regarding age relaxation is made by notification.

3. The Ministries/Departments are advised to ensure invariably that while sending the requisition to the UPSC/SSC and other recruitment agencies for direct recruitment posts by selection, they should clearly mention in the requisition the category of person(s) with disabilities suitable for the post(s) in question. No change or modification in identified post(s) for physically disabled persons with respect to an Examination, intimated after the
Notification of that Examination, shall be acceptable.

4. These instructions come into effect from the date of their issue.

(Mukta Goel)
Director(E.I)


Source :  www.persmin.gov.in

C S I Campaign : Finance & Accounting



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It’s IAS vs all central services and battle ground is 7th Pay Commission





Source: Times of India 

Marriage of daughter not a bar in being considered for govt. job on compassionate grounds after the death of her father while in service: Madras High Court


Affirming a Single Judge’s ruling that that marriage alone need not necessarily disentitle a woman from claiming a Government job, as marriage is not a disqualification, a Division Bench of the Madras High Court has held that married daughter of a government employee is entitled to be considered for the job on compassionate grounds after the death of her father while in service subject to her fulfilling two requirements : one, she must obtain a no-objection certificate from other siblings and; two, she and her husband must give an undertaking that she will take care of other members of her parents’ family from her salary.

“A married daughter is eligible for consideration, subject to submission of no-objection certificate of other members of the deceased’s family and also with an undertaking from her and her husband that she will take care of other members of the parents’ family,” said a division bench of the Court comprising of Justice Satish K Agnihotri and Justice M Venugopal recently, while dealing with a case of one Kayalvizhi whose father V Indarjith died while in service in the education department under the State Government.

Kayalvizhi, who was the only daughter of Indarjith and happened to be married by the time he died in harness, then applied for appointment on compassionate grounds. When she was denied appointment, she approached the High court seeking reliefs. Citing a government order governing the issue, a single judge of the Madras High Court said she was entitled to be considered for the job. Her marriage alone need not necessarily disentitle her from claiming the job, as marriage is not a disqualification, the judge said.

Assailing the order of the learned Single Judge, the Assistant Primary Education Officer in Anthiyur in Erode district had gone in appeal before the Division Bench.

Ruling in favour of Kayalvizhi, the Division Bench relied on an earlier judgment of the Court in Kamatchi v. state of Tamil Nadu, wherein it had been held that even if there are other members in the family, the beneficiary could take a no-objection from them and stake her/his claim for appointment under compassionate grounds, and the GO issued by the State Government, which on its part, clearly said an NOC from the remaining members of the family, an undertaking from the beneficiary that he/she shall be helpful to her/his parents’ family and an assurance from the spouse of the beneficiary that he/she shall not cause hindrance to her/him in helping members of his/her parents’ family in future, should be fulfilled to become eligible for appointment.

The Division Bench upheld Kayalvizhi’s rights in this regard subject to her producing a NOC from members in her paternal family and an undertaking from her husband, and directed the authorities to consider her case for appointment within a period of four weeks.


Source : http://www.livelaw.in/marriage-of-daughter-not-a-bar-in-being-considered-for-govt-job-on-compassionate-grounds-after-the-death-of-her-father-while-in-




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