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Showing posts from June, 2016

Cabinet approves Implementation of the recommendations of 7th Central Pay Commission

  The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the implementation of the recommendations of 7 th  Central Pay Commission (CPC) on pay and pensionary benefits.   It will come into effect from 01.01.2016. In the past, the employees had to wait for 19 months for the implementation of the Commission’s recommendations at the time of 5 th  CPC, and for 32 months at the time of implementation of 6 th  CPC.  However, this time, 7 th  CPC recommendations are being implemented within 6 months from the due date. The Cabinet has also decided that arrears of pay and pensionary benefits will be paid during the current financial year (2016-17) itself, unlike in the past when parts of arrears were paid in the next financial year.  The recommendations will benefit over 1 crore employees. This includes over 47 lakh central government employees and 53 lakh pensioners, of which 14 lakh employees and 18 lakh pensioners are from the defence forces. Hi

SB ORDER 06/2016 - Change in procedure of issue of NSC and KVP from 01.07.2016.

Quarterly Revision of Interest Rates for Small Savings Schemes for 2nd Quarter of FY 2016-17

Press Information Bureau  Government of India Ministry of Finance 20-June-2016 17:11 IST Quarterly Revision of Interest Rates for Small Savings Schemes  On the basis of the decision of the Government, interest rates for small savings schemes are to be notified on quarterly basis. Accordingly, the rates of interest on various small savings schemes for the second quarter i.e. 01.07.2016 to 30.09.2016 of financial year 2016-17, on the basis of the interest compounding/payment built-in in the schemes, shall be as under: Instrument Rate of interest w.e.f. 01.04.2016 to 30.6.2016 Rate of interest w.e.f. 01.07.2016 to 30.9.2016 Compounding frequency Savings Deposit 4.0 4.0 Annual 1 Year Time Deposit 7.1 7.1 Quarterly 2 Year Time Deposit 7.2 7.2 Quarterly 3 Year Time Deposit 7.4 7.4 Quarterly 5 Year Time Deposit 7.9 7.9 Quarterly 5 Year Recurring Deposit 7.4 7.4 Quarterly 5 Year Senior Citizens Savings Scheme 8.6 8.6 Quarterly and paid 5 year Monthly Income Account Sc
DEAR MEMBERS, IT IS LEARNT THAT DPC FOR REGULAR/AD-HOC PROMOTION TO THE CADRE OF POST MASTER GRADE-II WILL BE COMPLETED BY 27.06.2016. C/S AIAPS(GL),A.P.CIRCLE, HYDERABAD

PPF AMENDMENT RULES - 2016

PROMOTION TO THE CADRE OF POSTMASTER GRADE-II FROM ELIGIBLE POST MASTER GRADE-I OFFICIALS - AN UP DATE

DEAR POST MASTERS, IT IS LEARNT THAT CIRCLE OFFICE, HYDERABAD CALLED FOR CRs ,SPECIAL REPORTS AND SERVICE BOOKS OF ELIGIBLE GRADE-I POST MASTERS FROM DIVISIONS FIXING LAST DATE AS 13.06.2016.  PLEASE ENSURE THAT REQUIRED DOCUMENTS/SERVICE BOOKS ARE SENT TO C.O. BY YOUR DIVISIONAL OFFICE IN TIME . PLEASE CHECK UP OUR BLOG POSTING DATED 06.05.2016.(DRAFT GRADATION LIST) C/S, AIAPS(GL), A.P.CIRCLE

REVISION/AMENDMENT IN RECRUITMENT RULES FOR THE POST OF POSTAL SERVICE GROUP-B

CLICK HERE TO VIEW DIRECTORATE LETTER DEAR MEMBERS, SOME OF OUR MEMBERS ARE CALLED ON WHETHER THERE WILL BE ANY IMPACT ON POST MASTER CADRE BY THE ABOVE STATED DIRECTORATE LETTER.  THEREFORE, IT IS CLARIFIED THAT THERE WILL BE NO IMPACT ON POST MASTER CADRE BUT ON GENERAL LINE SUPERVISORY CADRE.  EARLIER 58 POSTS WERE AVAILABLE FOR GENERAL LINE OFFICIALS FOR POSTAL SERVICE GROUP-B EXAMINATION i.e. 6%.  NOW IT IS REDUCED TO 3% AS 29 POSTS (3%) WERE GIVEN FOR SENIOR POST MASTER POSTS FROM POST MASTER GRADE-III. THEREFORE, REVISION/AMENDMENT IN RECRUITMENT RULES FOR PS GROUP-B IS NEEDED.  HENCE ABOVE CIRCULAR. C/S, AIAPS, A.P.CIRCLE, HYDERABAD