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.........MASSIVE PARLIAMENT MARCH BY 20,000 POSTAL EMPLOYEES ON 04-12-2014 IN DELHI ..... POSTAL JCA (NFPE & FNPO) WITH AIPEU GDS (NFPE) & NUGDS IS ORGANIZING THIS STRUGGLE PROGRAMME ....DEMANDING INCLUSION OF GDS IN THE AMBIT OF 7th CPC AND DEPARTMENTALIZATION OF BOs & REGULARIZATION OF GDS .......... MAKE IT A GRAND SUCCESS WITH LARGER PARTICIPATION.....

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......... NFPE & GDS (NFPE) filed a case in Supreme Court [WP (C) 1003 of 2013] praying : Implementation of 1977 judgement and declare GDS are civil servants & scrap the GDS (Conduct & Engagement) Rules 2011 as they are invalid and unconstitutional .... Supreme Court directed the case to Delhi High Court [WP (C) 168 of 2014].... first hearing was on 13-01-2014 and pleased to serve notice to Govt. & Department .... next hearing on 07-05-2014 ......Dept. given 6 weeks time & next hearing on 19-09-2014 ... Govt. filed counter affidavit .... next hearing is listed for 4th February 2015.......

Monday, March 25, 2013

POST OFFICE SMALL SAVINGS SCHEMES - INTEREST RATES REVISED FROM 01-04-2013

Revision of Interest Rates for Small Savings Schemes With Effect from 1ST APRIL,2013

            Based on the decisions taken by the Government on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), the interest rates for small saving schemes are to be notified every financial year, before 1st April of that year. Accordingly, the rate of interest on various small savings schemes for the financial year 2013-14 effective from 01.04.2013, on the basis of the interest compounding/ payment built-in in the schemes, shall be as under :


Scheme
Rate of Interest
w.e.f. 01.04.2012
Rate of Interest
w.e.f. 01.04.2013
1
2
3
Savings Deposit
4.0
4.0
1 Year Time Deposit
8.2
8.2
2 Year Time Deposit
8.3
8.2
3 Year Time Deposit
8.4
8.3
5 Year Time Deposit
8.5
8.4
5Year Recurring Deposit
8.4
8.3
5 Year SCSS
9.3
9.2
5 Year MIS
8.5
8.4
5 Year NSC
8.6
8.5
10 Year NSC
8.9
8.8
PPF
8.8
8.7

































Source : PIB




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