Meeting of Cadre Restructuring Committee

 

                     

The proposed meeting of the Cadre Restructuring Committee was held today (02.08.2017) in the Dak Bhawan with the Staff Side.

The Secretary General BPEF Shri Santosh Kumar Singh along with General Secretary BPEA Gr. C Shri M.S.Chandel and another General Secretary BPAOEA Shri Sanjay Sinha have participated in the said meeting.

 

 The committee has considered the suggestions submitted by BPEF oral evidences have also been obtained by the chairman of the committee Shri Chorlse Lobo.CPMG Karnataka Circle.

 Meeting of Cadre restructuring committee in r/o Gr C Cadre held today i.e on 02-08-2017 at Dak Bhawan New Dehli .

      The following are the highlights of the achievements of cadre restructuring committee meeting along with achievement already got earlier in this regard.

1.    Our demand is to Divisionalise the LSG cadre:-It has been decided that DPC for LSG cadre will be held at Circle level and allotment of posting of the eligible officials will be allotted to RO and then to Division.

The Divisional Heads shall issue posting orders in this regard thus posting shall be made strictly within the Division only.

2.     Our another demand is to allot all the 26494 posts of LSG among the circles on proportioned  basis to maintain the uniformly.

It has been decided to distribute the posts of LSG in the deferent offices in circles are as follows.

1.    3 Post of LSG may be upgraded and distributed among each of the JAG/Class-I & II Gazetted H.Os.

2.    2 Post of LSG may be upgraded and distributed among each of the HSG I /Postmaster Master Gr. -III HOs.

3.    1 Post of LSG may be upgraded and distributed among each of the Postmaster Gr. II /HSG II  HO/PO.

4.     One Post of LSG may be upgraded and distributed among each of the Postmaster Gr. III/HSG -I SOs.  

5.     One Post of LSG may be upgraded and distributed among each of the Postmaster Gr. .II /HSG II,  MDG,   Sub Post Offices.

6.    One  Post to  LSG   may be upgraded and Distributed in charge of CPC /PLI RPLI

7.     One Post of LSG may upgraded and Distributed to Accountant Divisional Office

8.    One Post of LSG may upgraded and Distributed to Accountant in HOs.

3.     It has been demanded and agreed to relax the  rule for one time promotion to HSG II and HSG I cadre.  A proposal in this regard has been recommended and sent to DOPT for needful.

4.    It has been demanded and agreed that the bench mark for APAR should be restricted   to Good only.

(S. K.Singh)                                                          ( M.S.Chandel)

          Secretary General                                                 General Secretary 

Payment of interest and maturity value of Small Savings Instruments through Savings Account

F. No. 1/3/2017-NS

Ministry of Finance

Department of Economic Affairs

(Budget Division)

North Block, New Delhi

Dated: 03.08.2017

Office Memorandum

Subject: Payment of interest and maturity value of Small Savings Instruments through Savings Account.

The undersigned is directed to refer to DoP’s letter No. 113-02/2015-SB dated 7.6.2017 on the subject and to state that the matter has been examined in this  Department and the following decisions have been taken:

(i) Accounts for the purpose of crediting interest/maturity value of all accounts of all Small Savings Instruments [except existing Post Office Savings Account (POSA)] and Small Savings accounts already linked to POSAS as on 31.7.2017 shall be Opened automatically as Basic Savings Account (zero balance account) with Specific coding “Interest and maturity value of Small Savings Instruments”.

However, only one basic savings account shall be opened for one person and it shall be linked with CIF or/and Aadhaar. These are not normal POSA accounts, as these can be opened on zero balance for purposes such as MGNREGS etc. Interest on these accounts with this coding will be paid at POSA rates. Since some movement to Senior Citizens’ Welfare Fund (SCWF) could happen from these Basic Savings (Zero Balance) accounts with coding “Interest and maturity value of Small Savings Instruments”, DoP may make suitable electronic tracking of the maturity date of various instruments credited into this account, in order to move correct amounts to SCWF on appropriate dates.

(ii) The Department of Posts shall not open normal Post Office Savings Accounts only for the purpose of crediting interest/maturity value of Small Savings Instruments even if the customer is willing to do so.  Interest/maturity value has to be credited to a Basic Savings Account only.

(iii) No agency charges shall be paid by the Ministry of Finance for such Basic savings accounts “opened for crediting interest and maturity value of Small Savings instruments, as these are opened only for administrative ease.

(iv) The client may be kept informed of the movement of amounts into Basic Savings account at the time of maturity. These facilitate electronic transactions and discourage cash transactions. The client can withdraw the amount through ATM cards and need not approach the office for withdrawal.

(v) As soon as Reserve Bank of India permits NEFT and RTGS facility to DoP with other banks, Department of Posts shall credit interest and maturity value of instruments into ‘the savings account of the customer’s choice’ through these electronic modes, irrespective of whether that savings account is with DoP or any other bank. The need of opening Basic Savings Account would cease in those cases where the depositor has an existing saving account with a Bank.

2. This has the approval of Joint Secretary (Budget).

sd/-

(Padam Singh)

Sr. Regional Director (NS)