Saturday, January 21, 2017

PNB to provide technology platform for pilot launch of IPPB

State-owned Punjab National Bank (PNB) today said it will provide technology platform for pilot launch of India Post Payments Bank (IPPB). 

PNB & IPPB

The memorandum of understanding (MoU) in this regard was signed between PNB and IPPB yesterday. 

As per the agreement, PNB shall provide technology platform for pilot launch of IPPB on receipt of regulatory approval from Reserve Bank of India, the bank said in a regulatory filing to stock exchanges. 

IPPB last year received certificate of incorporation from the Registrar of Companies, setting the stage for the new bank to begin operations during 2017. 

The bank will be headquartered in New Delhi and plans to launch 650 branches across the country during the year. The first PSU under the Department of Posts, IPPB expects to complete the rollout of its branches all over the country by September 2017. 

IPPB aims to become the most accessible bank in the world, riding on advanced banking and payments technology. Coupled with physical presence across 1.55 lakh post offices and the reach of the postman, it plans to become a powerful and effective vehicle of real financial inclusion in the country.

Source:- Business Slandered

Gramin Dak Sevak (GDS) Committee Report

Click on the following links to view the GDS Committee Report





The Old system of payment of time related continuity Allowance (TRCA) is dispensed with and replaced with a new wage payment system. Under the new wage payment system, 11 TRCA slabs are subsumed into 3 wage scales with two levels each for BPMs and for other than BPMs. One wage scale would be common for both the categories of GDSs.

New Wage Scales

1. 10,000 – 24,470 (Other than BPM Level 1)
2. 12,000 – 29,380 (Other than BPM Level 2 & BPM Level 1)
3. 14,500 – 35,480 (BPM Level 2)

  • The minimum working hours of GDS Post Offices and GDS is increased to 4 hours from 3 hours.
  • The new working hours for GDS Post Offices will be 4 hours and 5 hours only.
  • The Level 1 GDS Post Offices/GDSs will have 4 hours as working hours and Level – 2 will have 5 hours as working hours.
  • The Point System for assessment of workload of BPMs has been abolished.
  • The new wage payment system is linked to revenue generation of GDS Post Offices. Under the new system, there will be no increase in wagess of BPMs from Level-1 to Level-2 on the basis of workload but the same will be increased based on achievement of prescribed revenue norms which is fixed at 100% for normal areas and 50% for special areas which presently have 15% anticipated income norms.
  • The GDS Post Offices not achieving the prescribed revenue norm within the given working hours will have to open GDS post offices for minimum of additional 30 minutes beyond the prescribed working hours.
  • The GDSs BPMs will be paid Revenue Linked Allowance @10% beyond Level 2 wage scale if they will be successful in achieving revenue beyond prescribed norms
  • The GDS Post Offices has been categorized into A,B,C and D categories based on the revenue generation norms. The GDS Post Office in A category will achieve 100% revenue. The Committee has recommended a set of actions for each category of GDS Post Offices.
  • The six approved categories of GDS are subsumed into two categories only. One category will be Branch Post Master and all other 5 categories of GDSs are subsumed into one multi tasking category.
  • The job profile of Multi Tasking GDS is expanded to include work such as Business Development and Marketing etc. Their jobs will no more be confined to their old designations. The Assistant BPM will assist BPMs for increasing revenue generation.
  • The GDSs working in the GDS Post Offices will be known as Assistant Branch Post Master (ABPMs) and those working in the Department Post Offices will be known as Dak Sevak (DS).
  • The minimum wage has been increased to Rs.10000/- per month and maximum to Rs.35,480/- per month.
  • The rate of annual increase is recommended as 3%.
  • A composite Allowance comprising of support for hiring accommodation for GDS Post Offices as well as mandatory residence, office maintenance, mobile and electricity usage charges etc. has been introduced for the first time.
  • Children Education Allowance @ Rs.6,000/- per Child per annum has been introducted for GDS.
  • Risk & Hardship Allowance @ Rs.500/- per month for GDSs working in the special areas has also been introduced.
  • A Financial upgradation has been introduced at 12 Years, 24 years and 36 Years of services in form of two advance additional annual increases.
  • The ceiling of ex-gratia gratuity has been increased from Rs.60,000 to Rs.5,00,000/-
  • The GDS contribution for service Discharge Benefit Scheme (SDBS) should be enhanced maximum up to 10% and minimum up to 3% of the basic wage per month, whereas the Department should contribute a fixed contribution of 3% of the basic wage of the GDSs.
  • The coverage of GDS Group Insurance Scheme has been enhanced from Rs.50,000/0 to Rs.5,00,000/-.
  • The contribution of Department in Circle Welfare Fund (CWF) has been increased from Rs.100/- per annum to Rs.300/- per annum.
  • The Scope of CWF is extended to cover immediate family members such as spouse; daughters, sons and dependent daughters in law in the scheme.
  • The Committee also recommended 10% hike in the prescribed limits of financial grants and assistance in the Circle Welfare Fund.
  • The Committee has recommended addition of Rs.10,000/- for purchase of Tablet/Mobile from the Circle Welfare Fund in the head ” Financial Assistance from Fund by way of loans with lower rate of interest (5%)”.
  • Provision of 26 weeks of Maternity Leave for women GDSs has been recommended.
  • The wages for the entire period of Maternity Leave is recommended to be paid from salary head from where wages of GDSs are paid.
  • The Committee has also recommended one week of Paternity Leave.
  • The Committee has recommended 5 days of emergency leave per annum
  • Leave accumulation and encashment facility up to 180 days has been introduced.
  • Online system of engagement has been recommended.
  • The maximum age limit of 50 years for Direct Recruitment of GDSs has been abolished.
  • Minimum one year of GDS service will now be required for GDSs for Direct Recruitment into Departmental cadres such as MTS/Postman/Mail Guard.
  • Alternate livelihood condition for engagement of GDSs has been relaxed.
  • Voluntary Discharge Scheme has been recommended.
  • The Discharge age has been retained at 65 years.
  • The Limited Transfer Facility has been relaxed from 1 time to 3 Time for male GDSs. There will be no restriction on number of chances for transfer of women GDSs. The power for transfer has been delegated to the concerned Divisional head.
  • The ex-gratia payment during put off period should be revised to 35% from 25% of the wage and DA drawn immediately before put off.
  • The committee has recommended preferring transfer before put off duty.
  • The compassionate Engagement of GDSs has been relaxed to give benefits to eligible dependents in all cases of death of GDS while in service.
     _____________________________________________________________________________
     
    Categories of GDS:

    Present Nomenclature
    Category
    BRANCH POST MASTER
    All Branch Post Masters
    ASSISTANT BRANCH POST MASTER  
    GDS  MD, GDS MC
    DAK SEVAK
    GDSSV,GDS PKR
    , GDSMM
    ..
      Viability of GDS Post Offices:

    New norms for calculation of GDS Pos are recommended.
    Further Categorization of GDS POs based on proportion of Revenue / Expenditure
    Category of GDS PO
    Revenue Norm
    Urban & Rural (Normal)
    100% of its expenditure
    Rural (special)
    50% of its expenditure
    ..
    Category
    Colour
    Proportion of Revenue to expenditure
    A
    Green
    100% or more of prescribed form
    B
    Orange
    75% to 99% of prescribed form
    C
    Pink
    50% to 74.99% of prescribed form
    D
    Red
    Less than 50% of prescribed form

    Workload assessment:

    In place of point system, the Committee recommends the new wage payment system. The new system linked to revenue generation and not to work load.

    Rural Business Development and Marketing:

    The Committee Recommended many items for successful realization of rural business potentials.

    Committee recommends to improve the accessibility, visibility and infrastructure of GDS POs.

    PO are with 10’ X 10’ dimensions in ground floor.
    Building owned by Gram Panchayat
    Building owned by Central Govt or State Govt. ie.,schools or offices BPM’s own house
    Proper rented accommodation in a busy place of the village
    Building owned by NGOs.

    With all furniture and power supply.

    Legal status of GDS:

    The Committee observed that the matter is sub judice.

    The Department should take suitable steps to increase security of job, prevent exploitation and increase income of GDSs so that they feel secure and live happily with in the GDS system and with the existing legal status.

    Terms and conditions of engagement.

    The Committee recommends changes in Rule-3A.
    Introduce voluntary discharge scheme on willing to leave the post before 65 years
    Discharge from the service on the last day of the month.
    Relaxation on limited transfer facility.

    Recommendations on wage structure and fixation of wages.

    Committee recommends raising of minimum duty from 3 hours to 4 hours of all GDSs
    Comparison : BPM = Postman
                            Asst. BPM & Dak Sevak = MTS
    Minimum wage fixed at :
    Rs.10,000- for 4 hours & Rs.12,000- for five hours. (Level-I)
    Rs.12,000- for 5 hours & Rs.14,500- for five hours (Level-2)
    Annual increase @ 3% on 1st January or 1st July
    Wage matrix & Wage Level Table & Arrears calculation Table are given in detail.

    Allowances:

    Dearness Allowance – no change
    % of DA with regular employees – no change
    Increased rate of DA – no change

    Recommended allowances :

    Composite Allowance
    Cash Conveyance Allowance
    Combined Duty Allowance
    Children Education Allowance
    Revenue linked Allowance for eligible BPMs
    Risk & hardship allowance

    Allowances to be withdrawn:

    Office Maintenance Allowance
    Fixed Stationery Allowance
    Boat Allowance
    Cycle Maintenance Allowance
    Uttarakhand Allowance
    Split Duty Allowance.

    Composite Allowance Includes:

    Rent for housing GDS PO, Rent for Accommodation, washing-repairs-maintenance of premises, furniture, stationery charges, electricity usage charges for office, Mobile / Telephone usage charges, Boat Allowance/ CMA/ TA, Hospitality charges for drinking water, other incidental charges.

    Performance Related Incentive

    Revenue linked allowance along with the present system of incentives with automatic payment at the end of each month.

      Ex-gratia Bonus:

    Dept should re-examine the formula for payment of bonus and ex gratia bonus with reference to the share of revenue generated by the departmental as well as GDS POs.

    Methods of engagement

    Method of selection : on line method engagement should be introduced.
    Recruiting Authority : appended to the GDS (Conduct & Engagement) Rules, 2011
    Qualification :SSC/SSLC from State Board/CBSE/ICSE with certificate course or diploma course in IT
    Knowledge of local language.
    Maintenance of Reservation roster at divisional level.
    Stop the security in the form of FG bonds, introduce 5 year TD or NSC as security.

    Career Progression

    There is need to increase the Direct Recuitment quota of GDS in Postman & Mail Guard because of large working strength of GDS and to provide them with better opportunities for getting into departmental posts.

     Introduce a guaranteed special increase in wages after 12, 24 & 36 years of service with two annual increases.

    Designation of GDSs should be changed after each financial upgradation.

    Leave & substitute arrangement:

    Paid leave should be renamed as ordinary leave and enhanced from 20 to 30 days in a year.

    Introduce Encashment of Ordinary leave.
    Introduce ‘emergency leave’ for 5 days in a calendar year, but no carry forward.

    No full time substitute will be engaged.

    Women GDS – 26 weeks of maternity leave and paid from salary head.
    Paternity leave for 7 days.

    Disciplinary Rules:

    Department  should add a new punishment of ‘compulsory discharge from the service’ in the list  “major penalties’ and the content of Rule-9 of GDS (Conduct & Engagement)Rules 2011.

    Social Security Schemes:

    Severance Amount : @ Rs.4,000 from 01-01-2016 for every completed year of service subject to maximum of Rs.1,50,000-.

    Service Discharge Benefit Scheme (SDBS):

    GDS contribution should be revised as minimum of 3% and maximum of 10%  of the basic wage per month.

    Department contribution should be fixed as 3% of the basic wage.

    Bring the GDS under the purview of Gratuity Act with an upper limit of Rs.5,00,000-

    Group Insurance Scheme : 
    Enhance the rate of monthly subscription by Rs.500 per month with insurance coverage of Rs.5,00,000-.

      Welfare Schemes:

    GDS CWF subscription should be enhanced from Rs.20- to Rs.100- pm.
    Department grant should be enhanced from Rs.100- to Rs.300- PA.

    Point system should not be applied to the compassionate appointment of dependents of GDS.

    Photo identity cards to all GDS with free of cost.

BPM /ABPMs ARREAR TABLES












NEW PAY TABLE OF GDS - AS PER GDS REPORT RELEASED ON 18-01-2017

PREPARED AS PER GDS REPORT RELEASED ON 18-01-2017
NEW PAY TABLE OF GDS MC, GDS MC/MD,GDS MP
OLD TRCA OF
 GDS MC,GDSMP
NEW LEVEL (TRCA)
OLD TRCA OF
 GDS MC,GDSMP
NEW LEVEL (TRCA)
OLD TRCA OF
 GDS MC,GDSMP
NEW LEVEL (TRCA)
2295-45-3690
10000-24470
2870-50-4370
10000-24470
3635-65-5585
12000-29380
OLD PAY
NEW PAY
OLD PAY
NEW PAY
OLD PAY
NEW PAY
2295
10000
2870
10000
3635
12000
2340
10000
2920
10000
3700
12000
2385
10000
2970
10000
3765
12000
2430
10000
3020
10000
3830
12000
2475
10000
3070
10000
3895
12000
2520
10000
3120
10000
3960
12000
2565
10000
3170
10000
4025
12000
2610
10000
3220
10000
4090
12000
2655
10000
3270
10000
4155
12000
2700
10000
3320
10000
4220
12000
2745
10000
3370
10000
4285
12000
2790
10000
3420
10000
4350
12000
2835
10000
3470
10000
4415
12000
2880
10000
3520
10000
4480
12000
2925
10000
3570
10000
4545
12000
2970
10000
3620
10000
4610
12000
3015
10000
3670
10000
4675
12360
3060
10000
3720
10000
4740
12360
3105
10000
3770
10000
4805
12360
3150
10000
3820
10000
4870
12740
3195
10000
3870
10000
4935
12740
3240
10000
3920
10300
5000
13130
3285
10000
3970
10300
5065
13130
3330
10000
4020
10610
5130
13530
3375
10000
4070
10610
5195
13530
3420
10000
4120
10610
5260
13530
3465
10000
4170
10930
5325
13940
3510
10000
4220
10930
5390
13940
3555
10000
4270
11260
5455
14360
3600
10000
4320
11260
5520
14360
3645
10000
4370
11260
5585
14360
3690
10000
NEW PAY TABLE OF GDS MD, GDSSV
OLD TRCA OF
 GDS MD/GDS SV
NEW LEVEL (TRCA)
OLD TRCA OF
 GDS MD/GDS SV
NEW LEVEL (TRCA)
OLD TRCA OF
 GDS MD/GDS SV
NEW LEVEL (TRCA)
2665-50-4165
10000-24470
3330-60-5130
10000-24470
4220-75-6470
12000-29380
OLD PAY
NEW PAY
OLD PAY
NEW PAY
OLD PAY
NEW PAY
2665
10000
3330
10000
4220
12000
2715
10000
3390
10000
4295
12000
2765
10000
3450
10000
4370
12000
2815
10000
3510
10000
4445
12000
2865
10000
3570
10000
4520
12000
2915
10000
3630
10000
4595
12000
2965
10000
3690
10000
4670
12000
3015
10000
3750
10000
4745
12360
3065
10000
3810
10000
4820
12360
3115
10000
3870
10000
4895
12740
3165
10000
3930
10300
4970
13130
3215
10000
3990
10300
5045
13130
3265
10000
4050
10610
5120
13530
3315
10000
4110
10610
5195
13530
3365
10000
4170
10930
5270
13940
3415
10000
4230
10930
5345
13940
3465
10000
4290
11260
5420
13940
3515
10000
4350
11260
5495
14360
3565
10000
4410
11600
5570
14360
3615
10000
4470
11600
5645
14800
3665
10000
4530
11950
5720
14800
3715
10000
4590
11950
5795
15250
3765
10000
4650
11950
5870
15250
3815
10000
4710
12310
5945
15710
3865
10000
4770
12310
6020
15710
3915
10300
4830
12680
6095
15710
3965
10300
4890
12680
6170
16190
4015
10610
4950
13070
6245
16190
4065
10610
5010
13070
6320
16680
4115
10610
5070
13070
6395
16680
4165
10930
5130
13470
6470
16680
NEW PAY TABLE OF GDS BPM (TRCA--1,2,3)
OLD TRCA OF
 GDS BPM
NEW LEVEL (TRCA)
OLD TRCA OF
 GDS BPM
NEW LEVEL (TRCA)
OLD TRCA OF
 GDS BPM
NEW LEVEL (TRCA)
2745-50-4245
12000-29380
3200-60-5000
12000-29380
3660-70-5760
12000-29380
OLD PAY
NEW PAY
OLD PAY
NEW PAY
OLD PAY
NEW PAY
2745
12000
3200
12000
3660
12000
2795
12000
3260
12000
3730
12000
2845
12000
3320
12000
3800
12000
2895
12000
3380
12000
3870
12000
2945
12000
3440
12000
3940
12000
2995
12000
3500
12000
4010
12000
3045
12000
3560
12000
4080
12000
3095
12000
3620
12000
4150
12000
3145
12000
3680
12000
4220
12000
3195
12000
3740
12000
4290
12000
3245
12000
3800
12000
4360
12000
3295
12000
3860
12000
4430
12000
3345
12000
3920
12000
4500
12000
3395
12000
3980
12000
4570
12000
3445
12000
4040
12000
4640
12000
3495
12000
4100
12000
4710
12360
3545
12000
4160
12000
4780
12360
3595
12000
4220
12000
4850
12740
3645
12000
4280
12000
4920
12740
3695
12000
4340
12000
4990
13130
3745
12000
4400
12000
5060
13130
3795
12000
4460
12000
5130
13530
3845
12000
4520
12000
5200
13530
3895
12000
4580
12000
5270
13940
3945
12000
4640
12000
5340
13940
3995
12000
4700
12360
5410
13940
4045
12000
4760
12360
5480
14360
4095
12000
4820
12740
5550
14360
4145
12000
4880
12740
5620
14800
4195
12000
4940
12740
5690
14800
4245
12000
5000
13130
5760
15250
NEW PAY TABLE OF GDS BPM (TRCA--4,5)
OLD TRCA OF
 GDS BPM
NEW LEVEL (TRCA)
OLD TRCA OF
 GDS BPM
NEW LEVEL (TRCA)
4115-75-6365
14500-35480
4575-85-7125
14500-35480
OLD PAY
NEW PAY
OLD PAY
NEW PAY
4115
14500
4575
14500
4190
14500
4660
14500
4265
14500
4745
14500
4340
14500
4830
14500
4415
14500
4915
14500
4490
14500
5000
14500
4565
14500
5085
14500
4640
14500
5170
14500
4715
14500
5255
14500
4790
14500
5340
14500
4865
14500
5425
14500
4940
14500
5510
14500
5015
14500
5595
14500
5090
14500
5680
14940
5165
14500
5765
14940
5240
14500
5850
15390
5315
14500
5935
15390
5390
14500
6020
15860
5465
14500
6105
15860
5540
14500
6190
16340
5615
14500
6275
16340
5690
14940
6360
16840
5765
14940
6445
16840
5840
15390
6530
16840
5915
15390
6615
17350
5990
15860
6700
17350
6065
15860
6785
17880
6140
15860
6870
17880
6215
16340
6955
18420
6290
16340
7040
18420
6365
16840
7125
18420







PLEASE NOTE: NEW SCALES WITH EFFECT FROM DATE OF ISSUE OF ORDERS FOR IMPLIMENTATION OF GDS COMMITTEE 


BY 

S.B.SARDAR 
DIVISIONAL SECRETARY 
AIPEU PIII (NFPE) 
CHITTOOR DIVISION 
CHITTOOR-517001 
MOBILE: 9491522822
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