GDSMD  -   VACANCIES TO BE FILLED AT  HYDERABAD - GPO: NOTIFICATION ISSUED:- 

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News on   Retirement age reduction from  60 years to  58 years :-

News are spread out on the issue of retirement age . Some state Governments are raising the age of the state employees on par with central govt. employees @60 Years. Some state govt. are taking political decisions to increase retirement age from 58 to 60 years keeping the employees vote bank. But they failed to cast votes in their favour. Recently cut off age  limit  of Civil Service exam has been revised. Age limit and number of attempts reduced.  In a move that would help curb the relentless increase in the Centre’s non-Plan spending and ease the way for infusion of more young blood and professionalism into the country’s largely moribund bureaucracy, the Narendra Modi government is planning to reduce the retirement age of central government employees from the present 60 to 58. The move that comes at a time when the Seventh Pay Commission is mulling another sharp boost to the pay structure of the Centre’s 5-million-strong workforce is also aimed at creating the requisite space for lateral entry of technically qualified professionals into the government, official sources told FE.

The retirement age was last revised in 1998, when the then NDA government led by Atal Bihari Vajpayee raised it from 58 to 60 years. The last UPA government had reportedly considered enhancing the retirement age further to 62 just before the general elections, but dropped the move.  The superannuation age was increased from 55 to 58 way back in 1962.   Source: http://www.financialexpress.com/

USPS website incorporated changes: Make it easy to customers:-

The Postal Service recently changed usps.com to make it easier for customers to use.The changes include simplifying the website’s navigation tools to focus on its most popular pages — such as mailing and shipping, tracking packages, managing mail and the Postal Store.

Letter box Clearance Through Mini Auto  : Service launched today in  Hyderabad city by CPMG (A.P) circle.

Now letter boxes in city for selected Post offices are to be cleared by utilizing mini auto services.  The LB clearance starts from  Himayat nagar Post office and  passes through  Banjarahills,  Film nagar, Jubileehills, Cyberabad (Hitech city),  Gachibowli and Kothaguda delivery post offices LB located in road Points.  Total 28 LBs are proposed to clear through this auto. Starts at 3.00 PM at origin (Himayatnagar) and will complete clearance around  8.00 PM.  The “Nanyata” ( LB clearance checking software) check up is also added to this service.                                                                                     

CPMG (AP Circle) Sri  BV Sudhakar participating in a cleaning drive at postal quarters in Rajahmundry as part of Swachh Bharat programme on Saturday.

Fixed  medical Allowance is enhance from Rs.300  to Rs. 500/-   to Pensioners not covered under CGHS . CLICK TO VIEW ORDERS

KVPs -  relaunched 

       Union Finance Minister Arun Jaitley and Communication Minister Ravi Shankar Prasad relaunched the Kisan Vikas Patra (KVP) investment scheme on Tuesday to tap household savings for funding infrastructure development in the country and to lure them away from ponzi schemes.  The savings instrument will be available in the denomination of Rs. 1000, Rs. 5,000, Rs. 10,000 and Rs. 50,000. There will be no upper ceiling on investments an investor can make in them. However, no tax benefits would be available on   these investments.  Banks will accept these certificates as pledged security for loans.

To begin with, the certificates will be available only at post offices. Over time, however, designated branches of nationalised banks will also sell them.  The certificates will carry a lock-in period of 2 years and 6 months after which they will become encashable on pre-determined maturity value. Investments made in the certificate will double in 8 years and 4 months. Government will deploy the collections under the scheme to finance development plans of the Centre and State Governments.

Table Showing Premature closure ofKVP  ( for Den. Rs. 1000 )

Period	Amount Payable
2 and half years but less than 3 years	1201
3  years but less than 3 and half years	1246
3 and half years but less than 4 years	1293
4  years but less than 4 and half years	1341
4 and half years but less than 5 years	1391
5  years but less than 5 and half years	1443
5 and half years but less than 6 years	1497
6  years but less than 6 and half years	1553
6 and half years but less than 7 years	1611
7  years but less than 7 and half years	1671
7 and half years but less than 8 years	1733
8  years but before maturity of the Certificate	1798
On maturity of Certificate  8 Years 4 month  = 100 months	2000

KISAN VIAKS PATRA (KVPS) ARE  RE INTRODUCING TODAY : DOUBLE THE AMOUNT IN 100 Months ( 8 Years 4 Months).

The Union Finance Minister Shri Arun Jaitley will re-launch the Kisan Vikas Patra (KVP) here tomorrow in the presence of Shri Ravi Shankar Prasad, Union Minister of Communication and IT and Shri Jayant Sinha, Minister of State for Finance among others. Increasing savings rate in the economy was one of the priorities of the new Government on assuming charge. In view of the popular demand and to revitalize Small Savings, the Finance Minister in para 27 of his Budget Speech announced that "Kisan Vikas Patra (KVP) a very popular instrument among small savers will be reintroduced The instrument will encourage people, who may have banked and unbanked savings to invest". Accordingly, it is decided to reintroduce Kisan Vikas Patras (KVPs). KYC norms regarding all National Savings Schemes (NSS) are now applicable in post offices and banks w.e.f. January,2012.
 

The re-launched Kisan Vikas Patra (KVP) will be available to the investors in the denomination of Rs. 1000, 5000, 10,000 and 50,000, with no upper ceiling on investment. The certificates can be issued in single or joint names and can be transferred from one person to any other person / persons, multiple times. The facility of transfer from one post office to another anywhere in India and of nomination will be available. The certificate can also be pledged as security to avail loans from the banks and in other case where security is required to be deposited. Initially the certificates will be sold through post offices, but the same will soon be made available to the investing public through designated branches of nationalised banks. 
 

Kisan Vikas Patras have unique liquidity feature, where an investor can, if he so desires, encash his certificates after the lock-in period of 2 years and 6 months and thereafter in any block of six months on pre-determined maturity value. The investment made in the certificate will double in 100 months. 

 Down load admit cards for Departmental Exams 2014 for IPO, LGP & LGS

Date of Examination : 22.11.2014 (Saturday) & 23.11.2014 (Sunday) - for the Post of IPO

Date of Examination : 23.11.2014 (Sunday) - for the Post of LGP or LGS

CLICK HERE TO DOWN LOAD

(i) LDCE for Promotion to   Postman / Mail guard from GDS staff :  C.O , Hyderabad issued notification.

(ii) LDCE for promotion to the post of  MTS from GDS staff :  C.O , Hyderabad issued notification. 

Aadhaar Enabled Biometric Attendance System for Railway employees:

Aadhaar Enabled Biometric Attendance System for Railway employees – Hon’ble MR has directed that all personnel of the Ministry of Railways, Rail Bhavan (including those located at Pragati Maidan) shall enroll on the Aadhaar Enabled Biometric Attendance System.

ATM use over five times will attract fee

Using ATMs (automated teller machines) to withdraw money or for other purposes such as balance enquiry beyond five times in a month will attract a levy of Rs.20 a transaction from Saturday.  According to the Reserve Bank of India’s new guidelines that come into force from Saturday, bank customers in six metros —Delhi, Mumbai, Chennai, Kolkata, Hyderabad and Bangalore — are allowed to withdraw money and/or carry out non-financial transactions like mini-statements at ATMs of banks, where they hold saving/current accounts, free of charge only five times a month.  Every transaction beyond this threshold will be charged Rs.20 per use.   Besides, the number of free transactions at ATMs of non-home banks has been cut to three times a month from five times.  The RBI, however, clarified that nothing precludes a bank from offering more than three free transactions at other bank ATMs to its account holders if it so desires.  The cap in the number of free ATM transactions will not apply on small/no-frills or basic savings bank deposit account holders who will continue to enjoy five free transactions.  At places other than the six metro centres, the facility of five free transactions for savings bank account customers will remain unchanged upon using other bank ATMs.//the hindu//

Inclusion of Aadhaar (Unique Identification) number in Service Book of Government servants.

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EXPECTED DA  FROM  JANUARY -2015  LIKELY TO BE 6% RAISE (107 TO 113%) : Expected DA/DR is now entered in 3rd step.  All India Consumer Price Index Number (AICPIN) for Industrial Worker is remained stationery at 253 (two hundred and fifty three) showing equal to last months' calculation i.e. 6%. In July, 2014 - 6, August,2014 - 1 and no increase in Index showing no unexpected change in future DA as speculated after August, 2014 AICPIN.  Total 6 points increase in next three months Index is showing 7% increase in future DA/DR and the other hand 3 points' total decline is showing 5% increase in future DA/DR in between both of expected numbers future DA/DR will be 6%.  Therefore most probability is showing 6% increase.