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Infosys, TCS, Sify ,Reliance bag Postal Department's technology projects The Department of Post (DoP) has issued Letters of Intent (LoIs) to Infosys,   TCS ,   Sify   and Reliance Communications Infrastructure for different technology advancement projects. "Department is trying to induct technology in a big way. There are eight RFPs (Request for Proposal) we have floated and issued Letter of Intent in five (projects) to companies which include Infosys, TCS, Sify and Reliance," Secretary (Posts) Manjula Parasher told reporters here. The Department has got approval of Rs 1,877.2 crore to be spend across these projects over period of two years and will seek additional funds when the need arises. "Funds of Rs 1,877.2 crore have been approved. We will go ahead with that. We may need more money because implemented in some of the cases may last over period of six and half to nine years," she said. DoP   has issued LoI to Infosys for two projects whic...
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The Finance Ministry (Budget Division) has issued an Office Memorandum O.M.No: 6-1/2011-NS.II (Pt) dated 26.03.2012 for revision of Interest Rates for various small saving schemes operated mainly through post offices and PPF. Based on the recommendations of Shyamala Gopinath Committee for comprehensive review of National Small Savings Fund (NSSF), Government had earlier taken the decision that interest rates of various small savings shall be reviewed every financial year and revsions in the same to be notified before 1st of April of that year. Accordingly the present revision in the interest rates of various small saving scheme has been made. The following table provides the revision made: Scheme Interest Rate w.e.f 1.12.2011 Interest Rate w.e.f 1.4.2012  Savings Deposit 4.0 to 4.0  1 year Time Deposit 7.7 to  8.2  2 year Time Deposit 7.8 to 8.3 3 year Time Deposit 8.0  to 8.4 5 year Time Deposit 8.3  to 8.5 5 year recurring deposit8.0 ...
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The Union Cabinet today gave its approval to release an additional instalment of Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners w.e.f. 1.1.2012 representing an increase of 7% over the existing rate of 58% of the Basic Pay/Pension, to compensate for price rise. The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission. The combined impact on the exchequer on account of both dearness allowance and dearness relief would be of the order of Rs.7474.53 crore per annum and Rs.8720.32 crore in the financial year 2012-13 (i.e. for a period of 14 months from January, 2012 to February, 2013).
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Validity of Cheques reduced from 6 months to 3 months wef 01.04.2012 Bankers' cheques and other monetary instruments will have only a three-month validity beginning April 1, 2012, instead of the existing six months, a Reserve Bank of India (RBI) communique has said. The change is a consequence of an RBI notification on November 4, 2011. Cheques, drafts and pay orders will have a validity for three months from the date they've been drawn. Those having cheques and other monetary instruments with six-month validity before April 1 will have to remit them before this date, when the expiry of the validity will be reduced to three months. After April 1, these instruments will be valid subject to their adherence to the new 3-month rule. Source: Times of India
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Clarification on booking of tickets from an agency other than the authorized travel agents by non-entitled officers/staff. Controller General of Defence Accounts, Ulan Batar Road , Palam, Delhi Cantt-110010 IMPORTANT CIRCULAR No. AN/XIV/14162/TA/DA/LTC Dated 19.3.2012 To All PCsDA/CsDA (Thru CDA mail server) Sub:   Clarification on booking of tickets from an agency other than the authorized travel agents by non-entitled officers/staff. References are being received in this HQrs office seeking clarification on regulating of LTC claims in respect of officials who are not entitled to travel by air but carry out the journey by air (Air India/Pvt airlines) on LTC etc. due to unavoidable or other circumstances. Clarifications are also being sought as to whether a non-entitled officer should compulsorily book their air tickets from the authorized agents viz. M/S Barmer & Lawrie & M/S Ashoka Travels etc. as brought out in this HQrs office important circular ...
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MINISTRY OF FINANCE ISSUED ORDERS GRANTING ONE TIME MEASURE INCREMENT ON 1.1.2006 FOR  ALL OFFICIALS WHOSE INCREMENT FELL DUE BETWEEN FEBRUARY AND JUNE 2006 JCM STANDING COMMITTEE MEETING HAD EARLIER DECIDED TO CONSIDER GRANT OF THE ABOVE INCREMENT AND ACCORDINGLY THE GOVERNMENT HAS NOW ISSUED ORDERS ALL GOVERNMENT EMPLOYEES AS ON DUTY ON 1.1.2006 AND WHOSE DATE OF INCREMENT WAS BETWEEN FEBRUARY AND JUNE WOULD BE NOW GIVEN AN INCREMENT IN THE PRE-REVISED SCALE OF PAY AS 'ONE TIME MEASURE' AND THEN AGAIN ANOTHER INCREMENT ON 1.7.2006. ALL SUCH OFFICIALS WHOSE PAY WILL BE REFIXED W.E.F. 1.1.2006 SHOULD GET ARREARS AND OFFICIALS WHO RETIRED AFTER 1.1.2006 WILL GET THEIR PENSION UPWARDLY REVISED WITH ALL CONSEQUENTIAL RETIREMENT BENEFITS. THE ORDERS OF THE MOF IS AVAILABLE IN THE MINISTRY OF FINANCE WEBSITE OR YOU CAN DOWNLOAD THIS BY CLICKING ON THE LINK BELOW: click here to view the order
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Copy of CAT case filed by Postmaster Grade1,before Hon'ble CAT bench, Jodhpur

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IN THE CENTRAL ADMINISTRATIVE TRIBUNAL JODHPUR   BENCH AT   JODHPUR   ORIGINAL APPLICATION NUMBER / 2011   Amarjeet Singh Gills on of Shri Jaswant Singh Gill, aged about 27 years, resident of House No. 6, 2 nd   Block, Near Patwar Training School, Purani Abadi, Sriganganagar, at present employed on the post of Postmaster Grade-I, Hanumangarh Town Post Office, Hanumangarh. Applicant VERSUS 1.   Union   of   India   through Secretary to the Govt of   India ,   Department of Posts, Ministry of Communications & IT Dak Bhawan, Sansad Marg, New Delhi-110001. 2. Director General, Posts & Chairman, Postal Services Board, Dak Bhawan, Sansad Marg, New Delhi-110001. 3. Chief Post Master General, Rajasthan Circle , Jaipur-302007. 4. Post master General, Rajasthan Western Region, Jodhpur . 5. Superintendent of Post offices, Sriganganagar Division, Dis...
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