plastic notes of Rs.10

TO check the problem of fake notes and to improve the durability of notes, Reserve bank of India is going to release ten rupees notes. Firstly, nearly 100 Crores of polymer notes are going to be introduced in five cities. Developed countries like Canada, Australia and others are using polymer currency and these notes are eco friendly when compared to paper notes and also their durability is more. This project has been taken up only after deeply studying about plastic currency and confirming that these plastic notes are better than the presently used paper notes. Nearly 18, 000 metric tons of bank note papers are necessary in India per annum. Supplying companies are less in number and hence there will be problems arising in their price, size and others. Most of the cost is reduced if India produces this amount on its own. When compared internationally, India don’t has fake notes problem at an alarming range.

department's deficit

Department of Posts incurs deficit of Rs 6,345 crore

NEW DELHI: The annual expenditure of the Department of Posts was 13,307.95 crore during FY11, almost double its revenue of 6,962.33 crore, government data showed.
This has "resulted in a deficit of 6,345.62 crore," Minister of State for Communications and IT Sachin Pilot said in a written reply to the Lok Sabha.
Similarly, in FY10, while the Department earned 6,266.30 crore, it spend 12,908 crore.

The department's deficit had jumped over 80% to 6,641.30 crore in 2009-10 from 3,593.09 crore in 2008-09 on account of the implementation of the Sixth Pay Commission's recommendations.

The government has been working on revamping the Indian postal service. Internet connectivity to post offices and turning post offices to full-fledged banks are some of the initiatives being worked on to give the humble post office a radical makeover.
Replying to another question, Pilot said the government has approved the IT modernisation project for the Department of Posts for computerisation of post offices. "This will involve establishment of required IT infrastructure and development of required software applications with an outlay of 1,877.2 crore," Pilot said.
The IT project is expected to be implemented by 2012-13, subject to the availability of funds, he added.

The department has a network of 1.55 lakh post offices in the country, the largest in the world, of which more than 1.39 lakh are in rural areas.
Source: Economic Times on 22nd August, 2011

Your post office could soon don a bank’s role too Dept To Seek Cabinet Nod & RBI Licence

New Delhi: Your friendly neighbourhood post office may soon be your bank as well, with the department of posts working on a plan to get a bank licence. It is expected to approach the Cabinet for approval of its proposal, and officials say once the plan is shown the green light, the department will formally seek a licence from the Reserve Bank of India.

If the plan is approved and India Post gets to start its banking operations, it has the potential to emerge as one of the biggest banks in the country thanks to its massive network and reach. India Post, the largest postal network in the world, has a network of 1.55 lakh post offices out of which nearly 1.4 lakh are in rural areas. It already has 23.75 crore individual savings bank accounts and offers a whole range of financial services such as postal life insurance, pension payments and money transfer services.

modification of cadre restructuring committe

questions in lok sabha

Raising Retirement Age–Unstarred question arise in the Parliament

 
“Raising Retirement Age” – Unstarred question arise in the Parliament
Unstarred Questions :-
                             An Unstarred Question is one to which written answer is desired by the member and is deemed to be laid on the Table of the House by Minister. Thus it is not called for oral answer in the House and no supplementary question can be asked thereon.

Most Immediate

MINISTRY OF PERSONNEL, P.G. & PENSIONS

DEPARTMENT OF PERSONNEL & TRAINING

(PARLIAMENT SECTION)

PRINTED LIST OF QUESTIONS ADMITTED IN

LOK SABHA FOR 10.08.2011

S.No.

ADMITIED No.

SUBJECT

A.S/J.S/ SEC.CONCERNED

STARRED QUESTIONS

1

146 (6th Position)

Implementation of RTI Act

JS(RTI)/Dir(IR)/ Estt.(IR)

UNSTARRED QUESTIONS

2	1613 #	Reservation for Minorities	JS (AT&A)/JS (Res&RTI)/ US (Res)/ Estt. (Rest)/
3	1645	Raising Retirement Age	JS(E)/Dir(E)/US(SKB)/ Estt.A
4	1652	Appointment of Retired Officers	JS(E)/Dir. (P&A)/ Estt (Allow)
5	1654	Rotational Transfer Policy	JS(AT&A)/Dir.(CS-I)/ CS-I (P) Section
6	1683 #	Dissemination of Corrupt Officers	AS(S&V)/JS(V)/ DS (V-III)/AVD-III
7	1737 #	Poor Functioning of PESB	JS(E)/Estt. B
8	1738 #	CVC/CBI Raid	AS(S&V)/JS(V)/ Dir (V-II)/AVD-II
9	1773 #	Objective of CAT	JS (AT&A)/Dir(AT)/ AT Section
10	1776	Gender Gap in All India Services	AS (S&V)/Dir (AIS)/ AIS-I Section
11	1781	Pending Cases for Prosecution	AS(S&V)/JS(V)/ DS (V-III)/AVD-III
12	1818 #	Cases Pending with CBI	AS(S&V)/JS(V)/ Dir (V-II)/AVD-II
13	1820	Task Force on Corruption	AS(S&V)/JS(V)/ DS (V-III)/AVD-III
14	1834	Lokpal Bill	AS(S&V)/JS(V)/ Dir (V-II&IV)/AVD-IV
15	1835	Showing ACR to Subordinate	JS (E)/ JS (E-II)/Estt.A

employment

Revenue Targets to Circle

oC & IT - Revenue Targets to Circles

Posted: 2011-08-03 11:07:29 UTC+05:30

Secretary Posts DO letter to all Chief PMsG is reproduced below :

DO No. 15 / Secy (P) / 11 Dt. 29.07.11

MoC & IT has set a target for the Dept for the next 100 days. The target for each Circle is attached. Besides usual revenue targets, the targets will be on opening of SB A/c’s for BPL families, opening of franchisee outlets, enrolment of Aadhar, and on RPLI. You should take every effort to achieve this target.

2.            As advised earlier reg BPL SB A/c’s, RPLI and Aadhar targets they may be passed on to the Divisions and to the Sub Divisions. I will be reviewing weekly progress of targets and achievements every 10 days. MoC & IT will be taking up a review of your performance mid-October.

                With regards,

                                                                                                                                  Yours sincerely,

                                                                                                                                        Sd/-

                                                                                                                               (Radhika Doraiswamy)

To

             All Chief PMsG   (by name)

Sl.	Circle	Zone	Annual target		100 days target
			Revenue from POSB	Revenue from PO	BPL A/c’s opened	No. of RPLI Policies	Aadhar Project
			in crores	in crores	in lakhs	in lakhs	in lakhs
Central Zone – Member (HRD)
01.	Chattis	Central	50.78	30.00	1.50	0.27	2.50
02.	MP	Central	256.19	83.00	4.13	0.70	2.00
03.	Orissa	Central	140.86	48.00	2.96	0.60	0.50
	Total		447.83	161.00	8.59	1.57	6.00
East Zone – Member (Personnel)
04.	Assam	North	87.69	27.00	0.92	0.30	0.00
05.	Bihar	North	228.26	74.00	6.18	0.50	1.00
06.	NE	North	17.86	17.00	0.20	0.18	0.20
07.	WB	North	421.19	210.00	3.50	0.60	0.20
	Total		755.00	328.00	10.80	1.58	1.0
North Zone – Member (Operations)
08.	Haryana	North	95.44	82.00	0.53	0.45	0.50
09.	Himachal	North	70.99	38.00	0.10	0.21	1.00
10.	J & K	North	23.92	20.00	0.09	0.18	0.00
11.	Punjab	North	117.33	94.00	0.50	0.30	0.50
	Total		307.68	234.00	1.22	1.14	2.00
North Eastern Zone – Member (PLI)
12.	Delhi	NE	62.79	360.00	0.38	0.03	0.20
13.	Jharkhand	NE	61.62	33.00	1.93	0.45	0.00
14.	UP	NE	507.34	275.00	9.77	1.50	2.00
15.	Uttar	NE	82.41	38.00	0.59	0.33	0.20
	Total		714.16	706.00	12.67	2.31	2.40
South Zone – Member (Planning)
16.	Andhra	South	493.93	274.00	2.10	2.40	2.00
17.	Karnataka	South	215.33	350.00	2.30	1.05	2.00
18.	Kerala	South	183.28	260.00	0.82	0.45	2.00
19.	Tamilnadu	South	415.19	566.00	2.41	1.50	0.00
	Total		1307.73	1450.00	7.63	5.40	6.00
West Zone – Member (Technology)
20.	Gujarat	West	249.79	204.00	1.60	0.60	0.50
21.	Mah	West	455.78	830.00	5.26	1.20	5.00
22.	Rajasthan	West	207.77	150.00	2.23	1.20	1.50
	Total		913.34	1184.00	9.09	3.00	7.00