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Friday, August 18, 2017

RBI to issue new fluorescent blue Rs 50 notes

Mumbai, Aug 18 (PTI) The Reserve Bank will soon introduce new fluorescent blue Rs 50 banknotes bearing the motif of 'Hampi with Chariot' that depicts India's cultural heritage.

RBI said it will shortly issue these Rs 50 denomination banknotes in the Mahatma Gandhi (new) series.

"The new denomination has motif of Hampi with Chariot on the reverse, depicting the country's cultural heritage. The base colour of the note is fluorescent blue," RBI said in a release.

Among others, the new notes will have designs and geometric patterns aligning with the overall colour schemes, both at the obverse and reverse, it added.

On the obverse/front side, the note will have portrait of Mahatma Gandhi at the centre, denominational value in Devanagari script, micro letters RBI, India -- both in English and Devanagari -- as well as the numeral "50".

The Ashoka pillar emblem will be on the right side of the obverse and an electrotype watermark and the number panel with numerals in ascending order on the top left side and bottom right side.

The new note having dimension of 66 mm X 135 mm will bear the year of printing on the reverse side, a Swachh Bharat logo with slogan, language panel and the motif of 'Hampi with Chariot'.

"All the banknotes in the denomination of Rs 50 issued by the Reserve Bank in the earlier series will continue to be legal tender," RBI added.

Directorate issued advisory not to use Coercive Methods on GDSs to achieve the Target


​2 commemorative postage stamps of denominations Rs 15 each on "BEAUTIFUL INDIA" were issued by India Post on 15.08.2017

To view please Click Here.

​4 commemorative postage stamps of denominations Rs 5 each on "Caves of Meghalaya" were issued by India Post on 15.08.2017



To view please Click Here.

Thursday, August 17, 2017

Bank strike on Aug 22 to protest against proposed reforms

United Forum of Banking Unions (UFBU), the umbrella body of trade unions in the banking sector, has called a nation-wide strike on August 22 to protest against the reforms proposed by the Centre.



West Bengal convenor of UFBU, Siddhartha Khan said that the government is ushering in privatisation and consolidation in the Indian banking sector in the garb of reforms.

He said that the Bank Board Bureau had been formed to bring all the public sector banks (PSBs) under a banking investment company and get the government's share in PSBs below 50 per cent.



Rise in the gross NPAs of all the PSBs to Rs 6.83 lakh crore was also a major cause for concern and the banking system's financial health was suffering due to provisioning.



"The banks are giving very little stress on recovery of bad loans and taking recourse to either write-offs or provisioning," he told reporters on Thursday.

Source:-The Times of India

Recommendations of the 7th CPC - implementation of decisions relating to Special Allowance for child care for women with disabilities.

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Recommendations of the 7th CPC - Implementation of decision relating to the grant of Children Education Allowance.

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Implementation of Governments decision on the recommendations of the 7th CPC - Abolishing Desk Allowance - Reg.

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CHQ News:-GS visit to Directorate .......

GS visited Directorate in the last week. The following issues were discussed with the concerned officers.

1.   Declaration of result of PS Gr. B examination

There are many CAT / Court cases pending. There is no chance of cancellation of examination. In few cases stay for declaration of result is granted by CAT/Court. Directorate has directed all CPMsG where CAT/Court cases are pending to get the stay vacated on any cost. The result is expected in the last week of September 2017 or first week of October 2017.

2.   Supplementary DPC for the promotion to the cadre of PS Gr.  B.

Directorate has called for the vigilance clearance report of few candidates from circles. On receipt of the report from concerned circle, the result of extended panel will be released. DoPT has already issued guidelines that unfiled vacancies and vacancies created through declination of promotion can be filled from the extended panel formed during the last DPC. Nearly 20 to 21 vacancies created due to declination of promotion by the officers and these vacancies will be filled by soon. The names of officers who declined promotion have already been circulated by the Directorate.

3.   Repatriation of PS Gr. B officers to their parent circle

This year very few officers have said to be applied for repatriation to their parent circle. The repatriation memo is expected simultaneously with the result of extended panel for promotion the cadre of PS Gr. B cadre.

4.   Inspector Posts examination for the year 2017.

Notification for the examination is likely to be issued soon. Herein after all the examinations will be held on ONLINE.

5.   Issue of seniority list of Inspector Posts cadre from 2001 onwards.

Directorate has sought clarifications from DoPT on the issues raised by candidates (IPs) and Circles. On receipt of clarification on doubts, the seniority lists will be issued in phased manner.

6.   JTS DPC for the year 2016-17.

The case is pending at court. 

7.   Cadre restructuring of Inspector Posts cadre

Directorate is awaiting report from 6 circles. Reminder have already been issued to them. GS is likely to submit proposal from Association side very soon. 

Wednesday, August 16, 2017

Hike in constant attendant allowance for retired employees: Government

The constant attendant allowance given to a retired employee has increased to Rs 6,750 per month from the existing Rs 4,500, states an official order issued recently. 

The allowance is sanctioned if, in the opinion of a competent medical authority, a 100 per cent disabled retired employee needs the services of a constant attendant for at least three months. 

The move to increase the allowance comes after the recommendation of the seventh Central Pay Commission. 

Accordingly, the allowance has been hiked from Rs 4,500 to Rs 6,750 per month, said the order issued by the Ministry of Personnel, Public Grievances and Pensions. 

The order will be applicable from July 1, 2017, it said. 


Source:-The Economic Times