SUKANYA SAMRIDDHI ACCOUNT - ELIGIBILITY AGE - CLARIFICATION

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GDS PAY COMMITTEE NEWS :

Department of Posts has posted Shri T.Q.Mohammad, PMG, Agra Region as Secretary of the GDS Committee.

This shows that the Modi Govt. is going ahead with their proposal to appoint GDS COMMITTEE with a RETIRED POSTAL BOARD MEMBER as CHAIRMAN.

All Branch/Divisional Secretaries are requested to intensify their campaign for the December 1st & 2nd strike and make it a grand success.

Hold protest demonstrations if Retired Officer Committee is appointed before strike.

Please make sincere efforts to make the two days strike cent percent success jointly with NFPE.

=P.Pandurangarao
  General Secretary

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SERVICE TAX FOR SWACHH BHARAT CESS @ 0.5% w.e.f 15th Nov 2015 ON ALL TAXABLE SERVICES

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NJCA CIRCULAR

NJCA

National Joint Council of Action

4, State Entry Road, New Delhi – 110055

No. NJCA/2015                                                                             November 10, 2015

To

All Members of NJCA

 Sub:-   Observance of All India protest day on 19th November 2015

Dear Comrade,

            All of you may recall that the NJCA in its meeting held on 30^th September 2015 in Delhi after considering the delay in submission of the report of the 7th CPC as also broadly taking stock the speculating and detail deliberations, unanimously decided to defer the proposed Indefinite  General Strike of the Central Government Employees till next Budget Session and symmetrically it was also resolve to observe 19th November 2015 as Joint Nation wise protest day to all the country to press upon the Government of India to resolve the long pending legitimate demands of all the Government Employees.

            All of you are therefore accordingly requested to take all necessary steps to jointly observe protest day on 19th November 2015. As per decision taken by the NJCA in the said meeting the member of the NJCA shall stage one day Dharna at Jantar Mantar in New Delhi on the said day.

Charter of Demands

1.         Effect wage revision of Central Government employees from 1.12014 accepting the memorandum of the staff side JCM; ensure 5-year wage revision in future; grant interim relief and merger of 100% of DA. Ensure submission of the 7th CPC report with the stipulated time frame of 18 months; include Grameen Dak Sewaks within the ambit of the 7^th CPC. Settle all anomalies of the 6th CPC.

2.         No privatisation, PPP or FDI in Railways and Defence Establishments and no corporatisation of postal services;

3.         No Ban on recruitment/creation of post.

4.         Scrap PFRDA Act and re-introduce the defined benefit statutory pension scheme.

5.         No outsourcing; contractorisation, privatization of governmental functions; withdraw the proposed move to close down the Printing Presses; the publication, form store and stationery departments and Medical Stores Depots; regularise the existing daily rated/casual and contract workers and absorption of trained apprentices;

6.         Revive the JCM functioning at all levels as an effective negotiating forum for settlement of the demands of the CGEs.

7.         Remove the arbitrary ceiling on compassionate appointments.

8.         No labour reforms which are inimical to the interest of the workers.

9.         Remove the Bonus ceiling;

10.       Ensure five promotions in the service career.

Report of the protest may be forwarded to this office accordingly.

With best wishes for Diwali, Chat, Bhai Duj and Guru Parv.

Comradely yours,

(Shiva Gopal Mishra)

Convener

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DEEWALI GREETINGS

Govt to revise small savings rate by end of this month

The Centre is likely to reduce the interest rates on small savings schemes by the end of this month with a view to aligning them with the market rates. 

"The government will take a decision on reducing small savings rate by the end of this month," a Finance Ministry official said. 

The ministry in September had announced its intention to review interest rates on small savings, which includes Post office savings and Public Provident Fund ( PPF), after bankers said high rates on such schemes run by the government make fixed deposits of banks uncompetitive. 

The government may leave the interest rates on Senior Citizen's Savings Scheme and Sukanya Samriddhi Accounts unchanged. 

With small saving deposits commanding a rate of 8.7-9.3 per cent, banks have been reluctant to transmit the entire policy rate reduction by the RBI to borrowers. 

The median base lending rates of banks have come down by about 60-70 bps despite extremely easy liquidity conditions, which is a fraction of the 125 basis points of the policy rate reduction since January. 

Smalls saving schemes include Post Office Monthly Income Scheme (MIS), Public Provident Fund (PPF), Post Office fixed Deposit Scheme, Senior Citizen's Savings Scheme, Post Office Savings Account and Sukanya Samriddhi Accounts. 

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Source : The Economic Times

Acceptance of proposals & settlement of claims in respect of PLI & RPLI - clarification

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