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Monday, March 19, 2018

Transfers/postings in the Senior Administrative Grade (SAG) of Indian Postal Service,Group 'A'.

To view please Click Here.

Travelling Allowance Rules- Implementation of the recommendations of the Seventh Central Pay Commission

To view please Click Here.

Demonetised notes are being shredded, briquetted: RBI

Demonetised Rs 500 and Rs 1,000 notes, which have been counted and processed for genuineness, are shredded and briquetted before being disposed of through a tendering process, the RBI has said.

The central bank had earlier estimated the value of old Rs 500 and Rs 1,000 notes received, as on June 30, 2017, at Rs 15.28 trillion.

"Old currency notes which include demonetised Rs 500 and Rs 1,000 notes are counted and processed in sophisticated currency verification and processing system. The notes processed are shredded and briquetted in the shredding and briquetting system installed in various RBI offices," the RBI said in reply to an RTI query filed by a PTI correspondent.

Once compressed into 'bricks', the shredded notes are disposed of through a tendering process, according to the reply.

"RBI does not recycle such processed notes," the RBI said.

At least 59 sophisticated Currency Verification and Processing (CVPS) machines are in operation in various branches of RBI across the country to process demonetised notes for their arithmetical accuracy and genuineness.

The government had on November 8, 2016 banned the use of Rs 500 and Rs 1,000 notes and allowed the holders of these currency bills to deposit them with banks or use them at certain notified utilities.

In its annual report for 2016-17 released on August 30 last year, the RBI said Rs 15.28 lakh crore, or 99 per cent of the demonetised notes, had returned to the banking system.

The central bank said in the report, for the year ended June 30, 2017, that only Rs 16,050 crore of the Rs 15.44 lakh crore in old high denomination notes had not returned.

As on November 8, 2016, there were 1,716.5 crore pieces of Rs 500 and 685.8 crore pieces of Rs 1,000 notes in circulation, totalling Rs 15.44 lakh crore, it had said.

Source:-The Times of India

Sunday, March 18, 2018

Grant of Dearness Allowance to Central Government Employees - Revised Rates effective from 1.1.2018

To view MoF, Department of Revenue order please Click Here.

The payment of arrears of Dearness Allowance shall not be made before the date disbursement of salary of Mrach, 2018. 

To view Department of Posts order please Click Here.

Over 1,700 card, net banking-related frauds reported in 2017

Over 1,700 cases of fraud related to credit/debit card and Internet banking with the extent of losses touching Rs 71.48 crore were reported in 2017, Parliament was informed today.

A total of 1,785 cases related to credit/debit card and Internet banking for amounts involving Rs 1 lakh and more were reported last year, Minister of State for Electronics and IT K J Alphons said in a written reply to Rajya Sabha.

He added that the extent of losses in these cases totalled Rs 71.48 crore.

In December 2017 alone, 187 cases with losses touching Rs 33.73 crore was reported, the minister said.

"The extent of loss due to fraud in December 2017 appears to be high but as per the data available at RBI website, during the month, the value of card usage at ATMs and Point of Sale (POS) terminals was Rs 3,469.97 billion (Rs 3,46,997 crore)," he explained.

Thus, the extent of losses due to fraud in December 2017 is only 0.009 per cent of the value of transactions, he added.

Alphons said RBI is taking adequate measures for risk mitigation in online payments.

Also, banks and payment system operators have been advised to enhance the security and risk mitigation measures for card transactions (including card-based online transactions), he added.

In response to another question, Alphons said as per information received from RBI, 30,222 incidents of phishing/vishing, OTP compromise, fraud by compromise of user credentials, compromise of mobile phone numbers of customers were reported in October-December 2017.

He added that 16,128 incidents were reported in June 2017 quarter, while the number rose to 20,753 in the following quarter.

"In addition, RBI also received 2 complaints regarding ATM cloning and e-wallet scam involving bank accounts in branches of public and private sector banks," he said.


Thursday, March 15, 2018

Time-limit for submission of claims for Travelling Allowances

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Discontinuation of Grant-in-aid to Central Government Employees Welfare Coordination Committee for Cultural activities & Indoor Games and Secretarial Assistance -reg.

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Notification for Circle Working Committee Meeting on 08-04-2018


Shri Prasanta Ku. Patra
Shri Pitabasa Jena
Circle Secretary
Shri Amulya Pd Panda


No. AIAIPASP/CWC-1/2018 Dated 15-03-2018

Under the provisions of Article-46 of the Constitution of All India Association of Inspectors and Asst. Superintendents of Posts, it is hereby notified that a meeting of the Circle Working Committee of the Association will be held on Sunday, the 8th April, 2018 at 10.00 hrs at PRC, BhubaneswarGPO.   

The agenda for the meeting will be as under:
1.   Confirmation of the proceedings of the last CWC.
2.   Brief on All India Conference held at Rajgiri (Bihar) on 9th and 10th, February, 2018.
3.   Inappropriateness in re-fixation of Pay on grant of Rs.4,600/- Grade Pay to Inspector Posts in 6th CPC structure.
4.   Hosting of next All India Conference.  
5.   (i) Financial Review, (ii) Various issues in the Circle, iii) Organizational Review
6.   Issues to be taken up with Administration.
7.   Any other item with the permission of the Chair.
All office-bearers, CWC members, local members and interested members are requested to attend the CWC meeting.
ASP (Headquarters) and Office Supervisors who are neither office-bearers nor CWC members, are also requested to attend the CWC meeting as invitees.

(Pitabasa Jena)
Circle Secretary

Copy to:

1.   The Chief Postmaster General, Odisha Circle, Bhubaneswar for kind information. Necessary orders may kindly be issued to all concerned for grant of special casual leave to office bearers and CWC members as per the enclosed list.

2.   Sri Rajiv Kumar, General Secretary, AI Assn of Inspectors & ASPs, CHQ, New Delhi (ASP(HQ), Muzaffarpur Sub-Division, Bihar) for information.

3.   The President and all office-bearers and CWC members of the Association.

4.   All ASP (Headquarters) and Office Supervisors of Postal and RMS Divisions of Odisha Circle for information.

5.   Shri Ashok Ku. Rath, Circle Secretary, Officers Association, Odisha Circle. He is cordially invited to attend the CWC as a Guest.  

6.   The Sr. Postmaster, Bhubaneswar GPO, Bhubaneswar-751001 for information. He is requested to spare the PRC on 08-04-2018.

7.   The Secretary, PRC, Bhubaneswar GPO for information.

Circle Secretary
AIAIASP, Odisha Circle Branch