Wednesday, 29 March 2017
VERY IMPORTANT JUDGEMENT FROM HON'BLE HIGH COURT OF MADRAS - IMPLEMENTATION OF MACP RETROSPECTIVELY W.E.F. 01-09-2008 AND DENYING PROMOTIONAL HIERARCHY UNDER ACP FOR THOSE WHO HAVE COMPLE TED REQUIRED SERVICE DURING THE PERIOD BETWEEN 01-09-2009 TO 19-05-2009 HELD NOT LEGAL
TO READ THE COMPLETE JUDGEMENT, PLEASE CLICK HERE.
Latest news on submission of 7th CPC Allowance Committee Report
“Today(28.03.2017) in Parliament, Minister of State for Finance Shri Santhosh Kumar Gangwar said in a written reply to a question regarding the submission of Allowance Committee Report. He said that the Allowance Committee is now in the process of finalizing its Report. Decisions on implementing the Report will be taken after the Report is submitted by the Committee.”
Detailed Questions and Answers:
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
STARRED QUESTION No. 2986
TO BE ANSWERED ON TUESDAY, THE 28th MARCH, 2017
CHAITRA 7, 1939 (SAKA)
ALLOWANCE OF GOVERNMENT EMPLOYEES
2986. SHRI A. VIJAYAKUMAR
SHRI RAM KUMAR KASHYAP:
Will the Minister of Finance be pleased to state:
(a) Whether Government has formed a Committee for taking decision about the allowances to the Central Government employees and removal of anomalies in their pay scales announced by the Seventh Pay Commission;
(b) if so, whether the Committee has submitted its report;
(c) if so, the main features thereof and if not, the reasons for delay in submission of report;
(d) the time by which recommendations of Seventh Pay Commission regarding the allowances are proposed to be implemented?
MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI SANTOSH KUMAR GANGWAR)
MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI SANTOSH KUMAR GANGWAR)
(a) to (d): The Committee on allowances has been constituted vide order dated 22.07.2016 to examine and make recommendations as to whether any changes in the recommendations of the 7th CPC relating to allowances are warranted and if so, in what form. A separate anomaly committee at National Level has also been set up, vide O.M. dated 09.09.2016, to settle the anomalies arising out of the implementation of the 7th CPC recommendations.
The National Anomaly Committee has made recommendations on the calculation methodology of the Disability Pension for Defence forces personnel. The Committee on allowances has received a large number of demands on allowances and even now receiving such demands. All the demands have been diligently examined. The Committee has already held 13 meeting so far and interacted with the representatives of Central Nodal Ministries, National Council (Staff Side), Joint Consultative Machinery (JCM) and officers and representatives of employee associations of Ministry of Health and Family Welfare, Home Affairs, Railways, Defence and Department of Posts. The Committee is now in the process of finalizing its Report. Decisions on implementing the Report will be taken after the Report is submitted by the Committee.
Source : Rajya Sabha
No.AIRF/24(C) Dated: March 28, 2017
The General Secretaries,
All Affiliated Unions,
Meeting of Committee on Allowances held today remained inconclusive
Meeting of Committee on Allowances took place on 28th March, 2017, discussion on Allowances remained inconclusive. Issue of House Rent Allowance didn’t come up during meeting.
I met Cabinet Secretary/GOI & urged him for early resolution of pending demands of Railwaymen that includes NPS, early disbursal of Allowances of 7th Pay Commission, Increase in Minimum wages and fitment formula. Issue of MACP was also discussed and removal of the provision of benchmark ‘Very Good’ for MACP, which has been recommended from ‘Good’ to ‘Very Good’ by the 7th Pay Commission, has also been demanded. Though Cabinet Secretary has given positive assurance on our demands yet we need our rank and file to be prepared for persistent struggle.
With Good Wishes
Press Information Bureau
Government of India
Ministry of Communications & Information Technology
27-March-2017 12:45 IST
Government has said that there are many companies who have approached the Department of Posts for collaboration with India Post Payments Bank. Replying to a question in the Rajya Sabha, the Minister of Communications Shri Manoj Sinha said that while the Department is in various stages of discussions with them, decision on formal partnerships will be taken after carefully evaluating the entire value proposition that they propose for the common man. The India Post Payments Bank had launched its two branches in Raipur (Chhattisgarh) and Ranchi (Jharkhand) on 30/01/2017 with basic products and banking services in partnership with Punjab National Bank.
Shri Sinha also said that the Payments Banks are different from regular Banks in the following fundamental ways as per RBI guidelines for Licensing of Payments Banks:
(i) Payment Banks are not allowed to undertake lending activities directly. It can accept demand deposits only that is savings and current accounts and will initially be restricted to holding a maximum balance of Rs. 100,000(Rupees one lakh only) per individual customer.
(ii) Payment Banks cannot accept Non Resident Indian (NRI) deposits.
(iii) The Payment Banks cannot set up subsidiaries to undertake non banking financial services activities.
A list of companies interested in partnering with India Post Payments Bank is attached at Annexure
List companies keen to partner with India Post Payments Bank.
Punjab National Bank
IDBI Bank (Industrial Development Bank of India)
SBI (State Bank of India)
Bank of Baroda
IDFC Bank (Industrial development finance company)
NABARD (National Bank For Agriculture & Rural Development)
HSBC (Hongkong and Shanghai Banking Corporation)
Indian Overseas Bank
FIA (Financial Inclusion)
Kotak Mahindra Bank
United Bank of India
HDFC Life (Housing Development Finance Corporation)
PNB Metlife (Punjab National Bank)
ICICI Lombard ( Industrial Credit and Investment Corporation of India Bank)
ICICI Prudential ( Industrial Credit and Investment Corporation of India Bank)
Bajaj Allianz Life
Honorable Prime Minister Narendra Modi-powered panel proposes India Post revamp to boost e-commerce; Flipkart, Amazon, Snapdeal set for windfall
A panel of key secretaries, set up by Prime Minister Narendra Modi, has proposed a major “revamp” of India Post to help expand the reach of e-commerce to every corner of the country, official sources told FE.
India Post boasts of more than 1.5 lakh post offices across the nation, with 90% of them located in rural areas—a reach, if encashed properly, can be a potent weapon in revolutionalising e-commerce in the country. (PTI)
A panel of key secretaries, set up by Prime Minister Narendra Modi, has proposed a major “revamp” of India Post to help expand the reach of e-commerce to every corner of the country, official sources told FE. Any such step will not just boost operations of players such as Amazon, Flipkart and Snapdeal that are struggling to supply to remote areas due to high logistics costs but also help reverse the sliding fortune of India Post, which was once the lifeline of communications in India.
At present, areas covered by close to a half of the PIN (Postal Index Number) codes in the country are beyond the reach of e-commerce players. While there is no regulatory hurdle for post offices to handle consignments of e-commerce companies now, India Post has to liaise with such players more aggressively, rationalise staff in remote areas and deliver items even faster (at reasonable rates) to be able to grab more orders from them, a senior government official said. “India Post has to firm up a long-term strategy fast and make suitable changes internally to tap e-commerce. It has started taking orders from e-commerce players, but miles to go,” said the official.
The limited reach of e-commerce reflects the serious bottlenecks in providing last-mile deliveries to customers in rural areas, obstructing the growth of the otherwise booming e-commerce sector, the panel has observed in its report submitted with the Prime Minister
The panel includes secretaries of the departments of commerce, industrial policy and promotion, external affairs, steel, labour, textile, MSME and tourism, and the chairman of the central board of excise and customs. Commerce secretary Rita Teaotia was the rapporteur of the panel, a source said
In fact, the postal department’s revenues due to cash-on-delivery consignments from e-commerce players jumped to Rs 1,300 crore in 2015-16 from Rs 500 crore in 2014-15 and just Rs 100 crore in 2013-14, according to official data. It has also tied up with all major e-commerce players in the country. Still, there is a huge scope for India Post to tap the e-commerce boom and improve its revenues, the official added.
However, boosting the reach of e-commerce through India Post will require a massive rationalisation of costs by the state-run communication behemoth. For instance, while the average cost of a delivery by speed post cost it almost Rs 67 in 2015-16, the revenue earned was just Rs 39, showed the data by the postal department. Importantly, while the average cost rose Rs 8 from Rs 59 in 2014-15, the revenue increased by only Rs 2. This means India Post was unable to pass on the rise in costs to customers, partly due to the fact that private players in cities and semi-urban areas are giving it a tough competition. Similarly, while the average cost of a parcel for India Post was Rs 68 in 2015-16, the revenue earned was just Rs 44.
However, the sources said in rural areas, where the penetration of other logistics providers is very low, India Post can be the prime driver of e-commerce.
India Post boasts of more than 1.5 lakh post offices across the nation, with 90% of them located in rural areas—a reach, if encashed properly, can be a potent weapon in revolutionalising e-commerce in the country. On an average, a post office serves an area of 21.23 Sq Km and a population of 8,086 people.
The e-commerce market in India is growing at a brisk pace. Last year, a report by industry body CII and consultancy firm Deloitte forecast that the Indian e-commerce (B2C) market could grow to almost $102 billion by 2020 from just $16 billion in 2015, riding factors such as government initiatives like Digital India, increase in internet penetration, growth in the adoption of smartphones and evolution of new payment solutions, among others. The number of online shopper could rise to 220 million by 2020 from just 39 million in 2015, the report said.