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Monday, March 26, 2018
UPU talks digital financial inclusion at WSIS
UPU experts participating in the annual World Summit on the Information Society (WSIS) Forum focused on sharing the organization’s partners-led approach on the digitization of postal financial services to foster financial inclusion.
Two billion people around the globe still have no access to financial services. For these individuals, as well as for micro, small and medium sized enterprises (MSMEs), lack of access means no security for their savings, and reduced ability to take part in the economy, e-commerce and the world’s growing digitalization. The result: crippling financial exclusion for small businesses and millions of people, many of them women, especially in rural areas.
Acknowledging this challenge’s severity, the 2030 Agenda for Sustainable Development included significant targets on financial inclusion. The Universal Postal Union is responding through its Financial Inclusion Technical Assistance Facility (FITAF), which is dedicated to supporting 20 postal operators to foster financial inclusion through digitization of their financial services by 2020.
A joint event organized by the UPU, the United Nations Conference on Trade and Development (UNCTAD) and International Trade Centre (ITC), held on 22 March at the WSIS Forum in Geneva, addressed those challenges and opportunities. Titled, “E-business and financial inclusion as a catalyst for the formalization and growth of micro, small and medium enterprises (MSMEs) in developing countries”, the session considered the importance of access to digital financial services in order to foster both financial inclusion and the development of MSMEs.
Introducing the panel, Paul Donohoe, who leads UPU’s Digital Economy, E-Commerce and Trade Programme, quoted a report stating that 2 billion people and 200 million businesses lack access to savings and credit. Youssouf Sy, who spearheads UPU’s work on FITAF, described the postal network as a key actor in financial inclusion. He added, “Financial inclusion provides access to finances and enables individuals and businesses to build resilience and growth.”
In remarks via video teleconference, Jorge Ortega, Senior Director, Global Financial Inclusion at VISA Inc., stressed the importance of focusing on small merchant inclusion. Ortega underlined the need to change approaches, think differently and try new ideas.
“Posts won’t just deliver mail, they’ll also deliver digital payment services to neighbouring merchants, supporting business growth while bringing new revenue opportunities to post offices with technology and services that keep them vital in the digital age,” he explained.
Other speakers included, Anir Chowdhury, a Project Advisor at a21, Bisi Adegbuyi, NIPOST Postmaster General in Nigeria, Mohamed Es Fih, the eSolutions for Business Advisor at the International Trade Centre and Scarlett Fondeur Gill at ICT Policy Section, UNCTAD.
Panelists shared the view that important national infrastructures such as the postal network, which offers universal reach to the last mile, can increase financial inclusion in unbanked and underserved communities. This inclusion can then enable the formalization and growth of MSMEs.
The various cases presented by speakers and interventions made by participants demonstrated that suitable digital financial solutions could be a superior means of meeting needs of individuals and small businesses, compared to the informal financial tools they use today.
Agenda for Four Monthly Meeting with the Chief PMG
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ALL INDIA ASSOCIATION OF
INSPECTORS & ASST.
SUPERINTENDENTS OF POSTS
ODISHA CIRCLE BRANCH,
BHUBANESWAR 751001
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Shri Prasanta Ku. Patra
President
9437542787
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Shri Pitabasa Jena
Circle Secretary
9437630182
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Shri Amulya Pd Panda
Treasurer
9437412089
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No. AIAIASP/Four Monthly-01/2018
Dated 26-03-2018
To
The Chief Postmaster General
Odisha Circle
Bhubaneswar 751001
Sub:
Four-monthly meeting with Chief PMG-
Agenda thereof.
Ref:- C.O. Letter No. WL/UNF-3/CPMG/2013 dated 20/21-03-2018.
Respected
Sir,
Kindly find
attached the agenda of All India Association of Inspectors and Asst. Supdts of
Posts, Odisha Circle Branch for the four monthly meeting with the Chief PMG
scheduled to be held on 10-04-2018.
Shri Debasis Sahani,
ASP (BD & Mails), Circle Office and Executive Body Member of this
Association may kindly be permitted to accompany me in the above mentioned four
monthly meeting.
With regards,
Yours sincerely,
(Pitabasa Jena)
Circle Secretary
Agenda
for the four-monthly meeting with Chief PMG
1.
Replacement of obsolete and outdated Laptops
of Sub-Divisional Heads
Brief:- As
per Department of Post (Technology Division) letter No.40-8/2013-Tech dated
28-03-2015, the life period for Computer and Peripheral is fixed to 5 years. In
the year-2010 Directorate had supplied Laptops through DGS & D order for
all 94 Sub-Divisional Heads in Odisha Circle. The matter was taken up in the
Four Monthly Meeting. Though the Head of the Circle has agreed in reply to
Agenda No. 1-5/2015 in principle for replacement of obsolete and outdated
Laptops wherever required, but it is not being materialized due to lack of
clarity between the Divisions and Circle/Regions. The old and obsolete Laptops
are to be condemned at Regional level.
This
Association urges the Circle Administration for immediate condemnation of
Laptops supplied to the Sub-Divisional Heads during the year-2010, to have a
proper plan for replacement on priority and for issuance of a clear instruction
from Circle/Regional Office(s) to the Divisions on this issue.
2. Adherence of Time-schedule
for preparation / completion and disclosure of APARs of IPs/ASPs.
Brief:- It has become a practice to enquire about
the APARs only at the time of DPC for promotion or convening of screening
committee for MACP cases. This is definitely a matter of concern. Though the
crucial date for disclosure of APARs to the officer reported upon is 1st
September, the APARs for the year 2016-17 are yet to be disclosed in most
cases.
This Association
urges the Circle/Regional Administration for putting a system in place for
monitoring on this issue.
3. Circle Gradation List of Inspector Posts and
Assistant Superintendents of Posts
Brief:- Circle
Gradation Lists of Inspector Posts and Assistant Superintendents of Posts in
Odisha Circle were last issued during the year-2012 corrected as on 1st
July, 2012.
This Association urges for preparation and circulation
of draft Circle Gradation list of Inspector Posts and Assistant Superintendents
of Posts so that it could be issued corrected as on 1st July, 2018
on time.
(P.Jena)
Circle Secretary
CWC Meeting scheduled to be held on 08-04-2018 is postponed to 22-04-2018
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ALL INDIA ASSOCIATION OF
INSPECTORS & ASST.
SUPERINTENDENTS OF POSTS
ODISHA CIRCLE BRANCH,
BHUBANESWAR 751001
|
|
|
Shri Prasanta Ku. Patra
President
9437542787
|
Shri Pitabasa Jena
Circle Secretary
9437630182
|
Shri Amulya Pd Panda
Treasurer
9437412089
|
NOTICE
No. AIAIPASP/CWC-1/2018 Dated 25-03-2018
Due to IPPB Master Trainers Training programme
at PTC, Darbhanga during the period from 02-04-2018 to 07-04-2018(1st
Batch) and from 09-04-2018 to 14-04-2018(2nd Batch), the Circle Working Committee Meeting of the Association scheduled
to be held on 8th April,
2018 is hereby postponed.
Under the provisions of Article-46 of
the Constitution of All India Association of Inspectors and Asst.
Superintendents of Posts, it is hereby notified that the Circle Working Committee Meeting of
the Association will now be held on Sunday, the 22nd April,
2018 at 10.00 hrs at PRC, Bhubaneswar GPO.
The agenda for the meeting will be as under:
1.
Confirmation
of the proceedings of the last CWC.
2.
Brief on All India Conference held at
Rajgiri (Bihar) on 9th and 10th, February, 2018.
3.
Inappropriateness in re-fixation of Pay on
grant of Rs.4,600/- Grade Pay to Inspector Posts in 6th CPC
structure.
4.
CAT Case vide OA No.1209/2018 filed before
Hon’ble Prinipal Bench New Delhi.
5.
Hosting of next All India Conference.
6.
(i)
Financial
Review, (ii) Various issues in the Circle, iii)
Organizational Review
7.
Issues to be taken up with Administration.
8.
Any
other item with the permission of the Chair.
All office-bearers, CWC members, local
members and interested members are requested to attend the CWC meeting.
ASP (Headquarters) and Office
Supervisors who are neither office-bearers nor CWC members, are also requested
to attend the CWC meeting as invitees.
(Pitabasa Jena)
Circle Secretary
Copy to:
1.
The
Chief Postmaster General, Odisha Circle, Bhubaneswar for kind information.
Necessary orders may kindly be issued to all concerned for grant of special
casual leave to office bearers and CWC members as per the enclosed list.
2. Sri Rajiv Kumar, General Secretary, AI Assn of Inspectors
& ASPs, CHQ, New Delhi (ASP(HQ), Muzaffarpur Division,Bihar)
for information.
3.
The
President and all office-bearers and CWC members of the Association.
4.
All ASP (Headquarters) and Office Supervisors of Postal and RMS Divisions
of Odisha Circle for information.
5.
Shri Ashok Ku. Rath, Circle Secretary, Officers Association, Odisha
Circle. He is cordially invited to attend the CWC as a Guest.
6.
The Sr. Postmaster, Bhubaneswar GPO, Bhubaneswar-751001 for information. He is requested to spare the PRC on 22-04-2018.
7.
The Secretary,
PRC, Bhubaneswar GPO for information.
Circle Secretary
AIAIASP, Odisha Circle Branch
Thursday, March 22, 2018
Tax-free gratuity limit doubled to Rs 20 lakh, Parliament passes bill
Parliament on Thursday passed Payment of Gratuity(Amendment) Bill 2017 paving the way for doubling the limit of tax free gratuity to Rs 20 lakh and empowering the government to fix the ceiling of the retirement benefit through an executive order.
The Rajya Sabha passed the bill, which was approved by the Lok Sabha last week, on March 15. Besides enabling the central government to fix the ceiling of tax free gratuity, the bill will also empower it to fix the period of maternity leave through executive order.
It also notifies the period of maternity leave as part of continuous service and proposes to empower the central government to notify the gratuity ceiling from time to time without amending the law.
Rajya Sabha Chairman M Venkaiah Naidu said in the Upper House that he had met leaders of various parties in the morning and it was decided that the House would take up the crucial Payment of Gratuity (Amendment) Bill as it was of importance to the employees.
Labour Minister Santosh Kumar Gangwar then moved the bill for consideration and passage. It was passed by a voice vote without a debate.
The labour ministry later said in a statement that the Bill also envisages amending the provisions relating to calculation of continuous service for the purpose of gratuity in case of female employees who are on maternity leave from "twelve weeks" to such period as may be notified by the central government from time to time.
Prime Minister Narendra Modi tweeted: "A significant pro-people measure passed in Parliament. Will benefit lakhs of Indians."
After implementation of the 7th Central Pay Commission, the ceiling of tax free gratuity amount for central government employees was increased from Rs 10 lakh to Rs 20 lakh. The unions have been demanding for inclusion of the change in the Act.
At present, formal sector workers with five or more years of service are eligible for Rs 10 lakh tax-free gratuity after leaving job or at time of superannuation.
A senior government official had earlier said that the government wants to provide tax-free gratuity of Rs 20 lakh to organised sector workers at par with the central government.
The Payment of Gratuity Act, 1972, was enacted to provide for gratuity payment to employees engaged in factories, mines, oilfields, plantations, ports, railway companies, shops or other establishments.
The law is applicable to employees, who have completed at least five years of continuous service in an establishment that has 10 or more persons.
The amendment will also allow the central government to notify the maternity leave period for "female employees as deemed to be in continuous service in place of existing twelve weeks".
The proposal comes against the backdrop of the Maternity Benefit (Amendment) Act, 2017 enhancing the maximum maternity leave period to 26 weeks.
Source:-The Times of India
Monday, March 19, 2018
Demonetised notes are being shredded, briquetted: RBI
Demonetised Rs 500 and Rs 1,000 notes, which have been counted and processed for genuineness, are shredded and briquetted before being disposed of through a tendering process, the RBI has said.
The central bank had earlier estimated the value of old Rs 500 and Rs 1,000 notes received, as on June 30, 2017, at Rs 15.28 trillion.
"Old currency notes which include demonetised Rs 500 and Rs 1,000 notes are counted and processed in sophisticated currency verification and processing system. The notes processed are shredded and briquetted in the shredding and briquetting system installed in various RBI offices," the RBI said in reply to an RTI query filed by a PTI correspondent.
Once compressed into 'bricks', the shredded notes are disposed of through a tendering process, according to the reply.
"RBI does not recycle such processed notes," the RBI said.
At least 59 sophisticated Currency Verification and Processing (CVPS) machines are in operation in various branches of RBI across the country to process demonetised notes for their arithmetical accuracy and genuineness.
The government had on November 8, 2016 banned the use of Rs 500 and Rs 1,000 notes and allowed the holders of these currency bills to deposit them with banks or use them at certain notified utilities.
In its annual report for 2016-17 released on August 30 last year, the RBI said Rs 15.28 lakh crore, or 99 per cent of the demonetised notes, had returned to the banking system.
The central bank said in the report, for the year ended June 30, 2017, that only Rs 16,050 crore of the Rs 15.44 lakh crore in old high denomination notes had not returned.
As on November 8, 2016, there were 1,716.5 crore pieces of Rs 500 and 685.8 crore pieces of Rs 1,000 notes in circulation, totalling Rs 15.44 lakh crore, it had said.
Source:-The Times of India
Sunday, March 18, 2018
Grant of Dearness Allowance to Central Government Employees - Revised Rates effective from 1.1.2018
To view MoF, Department of Revenue order please Click Here.
The payment of arrears of Dearness Allowance shall not be made before the date disbursement of salary of Mrach, 2018.
To view Department of Posts order please Click Here.
To view Department of Posts order please Click Here.
Over 1,700 card, net banking-related frauds reported in 2017
Over 1,700 cases of fraud related to credit/debit card and Internet banking with the extent of losses touching Rs 71.48 crore were reported in 2017, Parliament was informed today.
A total of 1,785 cases related to credit/debit card and Internet banking for amounts involving Rs 1 lakh and more were reported last year, Minister of State for Electronics and IT K J Alphons said in a written reply to Rajya Sabha.
He added that the extent of losses in these cases totalled Rs 71.48 crore.
In December 2017 alone, 187 cases with losses touching Rs 33.73 crore was reported, the minister said.
"The extent of loss due to fraud in December 2017 appears to be high but as per the data available at RBI website, during the month, the value of card usage at ATMs and Point of Sale (POS) terminals was Rs 3,469.97 billion (Rs 3,46,997 crore)," he explained.
Thus, the extent of losses due to fraud in December 2017 is only 0.009 per cent of the value of transactions, he added.
Alphons said RBI is taking adequate measures for risk mitigation in online payments.
Also, banks and payment system operators have been advised to enhance the security and risk mitigation measures for card transactions (including card-based online transactions), he added.
In response to another question, Alphons said as per information received from RBI, 30,222 incidents of phishing/vishing, OTP compromise, fraud by compromise of user credentials, compromise of mobile phone numbers of customers were reported in October-December 2017.
He added that 16,128 incidents were reported in June 2017 quarter, while the number rose to 20,753 in the following quarter.
"In addition, RBI also received 2 complaints regarding ATM cloning and e-wallet scam involving bank accounts in branches of public and private sector banks," he said.
A total of 1,785 cases related to credit/debit card and Internet banking for amounts involving Rs 1 lakh and more were reported last year, Minister of State for Electronics and IT K J Alphons said in a written reply to Rajya Sabha.
He added that the extent of losses in these cases totalled Rs 71.48 crore.
In December 2017 alone, 187 cases with losses touching Rs 33.73 crore was reported, the minister said.
"The extent of loss due to fraud in December 2017 appears to be high but as per the data available at RBI website, during the month, the value of card usage at ATMs and Point of Sale (POS) terminals was Rs 3,469.97 billion (Rs 3,46,997 crore)," he explained.
Thus, the extent of losses due to fraud in December 2017 is only 0.009 per cent of the value of transactions, he added.
Alphons said RBI is taking adequate measures for risk mitigation in online payments.
Also, banks and payment system operators have been advised to enhance the security and risk mitigation measures for card transactions (including card-based online transactions), he added.
In response to another question, Alphons said as per information received from RBI, 30,222 incidents of phishing/vishing, OTP compromise, fraud by compromise of user credentials, compromise of mobile phone numbers of customers were reported in October-December 2017.
He added that 16,128 incidents were reported in June 2017 quarter, while the number rose to 20,753 in the following quarter.
"In addition, RBI also received 2 complaints regarding ATM cloning and e-wallet scam involving bank accounts in branches of public and private sector banks," he said.
Source:-PTI
Thursday, March 15, 2018
Notification for Circle Working Committee Meeting on 08-04-2018
ALL INDIA ASSOCIATION OF
INSPECTORS & ASST.
SUPERINTENDENTS OF POSTS
ODISHA CIRCLE BRANCH,
BHUBANESWAR 751001
|
|
Shri Prasanta Ku. Patra
President
9437542787
|
Shri Pitabasa Jena
Circle Secretary
9437630182
|
Shri Amulya Pd Panda
Treasurer
9437412089
|
NOTICE
No. AIAIPASP/CWC-1/2018 Dated 15-03-2018
Under the provisions of Article-46 of
the Constitution of All India Association of Inspectors and Asst.
Superintendents of Posts, it is hereby notified that a meeting of the Circle Working Committee of the Association will be held on Sunday, the 8th April, 2018 at 10.00 hrs at PRC, BhubaneswarGPO.
The agenda for the meeting will be as under:
1.
Confirmation
of the proceedings of the last CWC.
2.
Brief on All India Conference held at
Rajgiri (Bihar) on 9th and 10th, February, 2018.
3.
Inappropriateness in re-fixation of Pay on
grant of Rs.4,600/- Grade Pay to Inspector Posts in 6th CPC
structure.
4.
Hosting of next All India Conference.
5.
(i)
Financial
Review, (ii) Various issues in the Circle, iii)
Organizational Review
6.
Issues to be taken up with Administration.
7.
Any
other item with the permission of the Chair.
All office-bearers, CWC members, local
members and interested members are requested to attend the CWC meeting.
ASP (Headquarters) and Office
Supervisors who are neither office-bearers nor CWC members, are also requested
to attend the CWC meeting as invitees.
(Pitabasa Jena)
Circle Secretary
Copy to:
1.
The
Chief Postmaster General, Odisha Circle, Bhubaneswar for kind information.
Necessary orders may kindly be issued to all concerned for grant of special
casual leave to office bearers and CWC members as per the enclosed list.
2. Sri Rajiv Kumar, General Secretary, AI Assn of Inspectors
& ASPs, CHQ, New Delhi (ASP(HQ), Muzaffarpur Sub-Division, Bihar) for information.
3.
The
President and all office-bearers and CWC members of the Association.
4.
All ASP (Headquarters) and Office Supervisors of Postal and RMS Divisions
of Odisha Circle for information.
5.
Shri Ashok Ku. Rath, Circle Secretary, Officers Association, Odisha
Circle. He is cordially invited to attend the CWC as a Guest.
6.
The Sr. Postmaster, Bhubaneswar GPO, Bhubaneswar-751001 for information. He is requested to spare the PRC on 08-04-2018.
7.
The Secretary,
PRC, Bhubaneswar GPO for information.
Circle Secretary
AIAIASP, Odisha Circle Branch
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