Sri Krupasindhu Panda, ASP(HQ) RMS N division has been relived on 27.03.2012 A/N. He has been posted as ASP(OD) Baripada. All the staff of Dvl. office and HRO bed him farewell. We remember his untiring service towards this Division.
Friday, March 30, 2012
Sunday, March 25, 2012
Interest Rates on small savings may be raised by 0.25% from April 1
Interest rates on small savings schemes may go up by 0.25%
The government is likely to hike the interest rates on deposit schemes offered by post offices, like savings account, Monthly Income Scheme (MIS), Public Provident Fund (PPF), etc by about 0.25 per cent from April 1.
A circular on revised interest rate on small savings scheme will be issued by March 28, official sources said, adding that there could be a 0.25 basis points hike in the rates.
"We are in the process of calculating the rates. The new rates will be applicable from April 1," they added.
The government had in December, 2011 hiked interest rates on post office savings accounts (POSA) to 4 per cent, from 3.5 per cent. Similarly, the interest rates on the MIS and PPF was fixed at 8.2 per cent and 8.6 per cent respectively.
The decision to hike interest rates in December was in line with the recommendations of the Shyamala Gopinath Committee which had suggested linking of interest rates on small savings with that of the market. The panel had also suggested that the interest rates on small savings schemes should be revised annually.
The revision in the interest rates is aimed at maintaining the attractiveness of the small savings schemes vis-a-vis fixed deposit schemes operated by banks.
The government, as part of economic liberalisation process, had freed the interest rates on banks deposits giving freedom to lenders to fix rates depending upon the asset-liability position, but continued to fix rates for small savings schemes.
Pursuant to the recommendations of the Gopinath Committee, the government had introduced the National Savings Scheme (NSC) with a 10-year maturity to attract long-term funds.
The annual investment ceiling in PPF savings was increased to Rs 1 lakh from Rs 70,000.
Source:- The Economic Times
The government is likely to hike the interest rates on deposit schemes offered by post offices, like savings account, Monthly Income Scheme (MIS), Public Provident Fund (PPF), etc by about 0.25 per cent from April 1.
A circular on revised interest rate on small savings scheme will be issued by March 28, official sources said, adding that there could be a 0.25 basis points hike in the rates.
"We are in the process of calculating the rates. The new rates will be applicable from April 1," they added.
The government had in December, 2011 hiked interest rates on post office savings accounts (POSA) to 4 per cent, from 3.5 per cent. Similarly, the interest rates on the MIS and PPF was fixed at 8.2 per cent and 8.6 per cent respectively.
The decision to hike interest rates in December was in line with the recommendations of the Shyamala Gopinath Committee which had suggested linking of interest rates on small savings with that of the market. The panel had also suggested that the interest rates on small savings schemes should be revised annually.
The revision in the interest rates is aimed at maintaining the attractiveness of the small savings schemes vis-a-vis fixed deposit schemes operated by banks.
The government, as part of economic liberalisation process, had freed the interest rates on banks deposits giving freedom to lenders to fix rates depending upon the asset-liability position, but continued to fix rates for small savings schemes.
Pursuant to the recommendations of the Gopinath Committee, the government had introduced the National Savings Scheme (NSC) with a 10-year maturity to attract long-term funds.
The annual investment ceiling in PPF savings was increased to Rs 1 lakh from Rs 70,000.
Source:- The Economic Times
New DA declared
Giving relief to its employees
and pensioners from inflation, the central government on 23.03.2012 (Friday) announced a
seven percentage point increase in dearness
allowance (DA).
The new DA rate of 65 per cent of basic pay against 58 per cent earlier will be applicable retrospectively from January 1, 2012.
The decision, was taken by the Union Cabinet. It will benefit about 50 lakh employees and 30 lakh pensioners.
The government periodically hikes the DA, which is linked to consumer price index for industrial workers. The CPI is hovering around 7 per cent.
The new DA rate of 65 per cent of basic pay against 58 per cent earlier will be applicable retrospectively from January 1, 2012.
The decision, was taken by the Union Cabinet. It will benefit about 50 lakh employees and 30 lakh pensioners.
The government periodically hikes the DA, which is linked to consumer price index for industrial workers. The CPI is hovering around 7 per cent.
Saturday, March 24, 2012
Distribution list of Gr.C officials for 2012
The Distribution list of Gr.C officials for 2012 can be downloaded from the link below-
Distribution List
Distribution List
Transfer Postings
Department of Posts: India.
Office of the Senior Superintendent
RMS N Division, Cuttack – 753001
No: B/3-8/2008-Ch-I Dated at Cuttack the 20.03.2012
The following transfer and posting in Gr-C cadre of RMS N Division are hereby made to have immediate effect.
Sl no
|
Name of the official
|
Present place of posting
|
Place of posting on transferred
|
01
|
Naba Kishore Naik
|
SA SRO N Division, Bhadrak
|
OA, Divisional Office, Cuttack
|
02
|
Tushar Kanta Sahoo
|
SA SRO N Division, Balasore
|
SA SRO N Division Jajpur Road
|
03
|
Nrusingha Mishra
|
SA SRO N Division, Bhubaneswar
|
SA SRO N Division Dhenkanal
|
04
|
Pramodini Senapati
|
SA SRO N Division, Bhubaneswar
|
SA HRO N Division, Cuttack
|
05
|
Bairagi Ch Nayak
|
SA SRO N Division, Bhubaneswar
|
SA SRO N Division, Keonjhar
|
06
|
Debadasi Nayak
|
SA SRO N Division, Keonjhar
|
SA SRO N Division Bhubaneswar
|
07
|
Fani Bhusan Tripathy
|
SA SRO N Division, Bhubaneswar
|
SA HRO N Division Cuttack
|
08
|
Amiya Ranjan Behuria
|
SA HRO N Dvn Cuttack
|
SA SRO N Division, Bhubaneswar
|
09
|
Basudev Sahoo
|
SA SRO N Division, Bhubaneswar
|
SA HRO N Division, Cuttack
|
The officials at sl no. 03 to 09 are not entitled to get TA/TP as their transfer have been considered on their own request.
Senior Superintendent
RMS N Division, Cuttack – 753001
Thursday, March 8, 2012
Subscribe to:
Posts (Atom)