Tuesday, August 23, 2011
Chief Minister, Omar Abdullah inaugurated Floating Post Office-cum-Museum and flagged off Srinagar-Shopian Mail Van here Monday evening, the duo facilities created by the Post and Telegraph Department.
Addressing a function at Nehru Park on the occasion, the Chief Minister highlighted the importance of Floating Post Office in Dal Lake for the visiting tourists and the residents.
“Your initiative to revive the facility of Floating Post Office at Dal Lake is praise worthy,” he told the Post and Telegraph Department adding that the facility would prove a boon to the tourism sector in the State.
He said that this facility which exists in the Dal Lake some 20 years ago diminished with the diminishing of tourism due to unfavourable and disturbing circumstances and finally came to a standstill.
Abdullah expressed hope that the Floating Post Office-cum Museum would grow with the growth and revival of tourism in the State.
Omar asked the Union Minister Sachin Pilot, who was present on the occasion, to enhance IT and telecommunication facilities in the far-off and hilly backward areas of the State.
“We are providing your department a list of the areas requiring digital satellite telephone facilities,” he said underlining the need for such facilities in the State and extending the IT and communication network.
The Chief Minister also appreciated the one day postal delivery service programme launched by the Post and Telegraph Department for ensuring fast delivery of mail across the State. He said that with the fast development of IT, the communications and postal services went on back foot. He stressed on working out a viable strategy to revive the glory of Post and Telegraph Department.
Omar said that the proposal of adding banking facilities in the post offices would prove highly beneficial for both the Post and Telegraph Department and the people. He expressed the hope that the RBI would approve the proposal in this regard.
Source: Kashmir Dispatch.Com, August 22, 2011
Paper – I
Total No. of Questions-50
Qualifying Marks:- 50%
The examination will be held with the aid of books approved by the department
All the questions will be objective type with four options
The candidate has to choose the correct option as per his knowledge and quote the rule from the books approved for the examination to support his/her decision
All Postal Assistants who have completed one year’s service on 30th June or 31st December of the year in which test is conducted shall be eligible to appear
Test will be conducted twice in a calendar year i.e in the month of February and August
(1) Government Savings Bank Act 1873 (amended from time to time)
(2) Government Savings Certificates Act 1959 (amended from time to time)
(3) Public Provident Fund Act 1968 (amended from time to time)
(1) Post Office Savings Bank General Rules 1981 (amended from time to time).
(2) Post Office Savings Account Rules 1981 (amended from time to time).
(3) Post Office Recurring Deposit Rules 1981 (amended from time to time).
(4) Post Office Time Deposit Rules 1981 (amended from time to time).
(5) Post Office Monthly Income Account Rules 1987(amended from time to time).
(6) Public Provident Fund Scheme Rules 1968 (amended from time to time)
(7) National Savings Certificate (VIII Issue) Rules, 1989 (amended from time to time).
(8) Kisan Vikas Patras Rules, 1986 (amended from time to time).
(1) All procedural rules of POSB Manual Vol-I and II.
(2) All SB Orders issued from 1.1.2007 onwards.
(1). POSB Manual Vol-I or Compilation of POSB Manual Vol-I
(2) POSB Manual Vol-II or Compilation of POSB Manual Vol-II
(3) POSB Manual Vol-III or Compilation of POSB Manual Vol-III or Handbook on Government Small Savings Schemes
Suggested Questions from Postal Manual Volume- VI, PO Guide, Postal Manual Volume-V 1. Money order paid returns are prepared: -
(a) Daily (b) Weekly (c) Fortnightly (d) MonthlyAns: - (c) (Rule-79 Volume-VI, Part-III)2. Which letter is to be prefixed to a TMO paid in the Journal of MO s paid: -
(a) R (b) S (c) T (d) None of the above.Ans: - (c) (Rule-44 Volume-VI, Part-III)
3. The currency of an Indian Postal Order is normally: -
(a) 6 months from the last day of the month in which it was sold,(b) 2 years from the last day of the month in which it was sold,(c) 5 years from the last day of the month in which it was sold,(d) 10 years from the last day of the month in which it was sold,Ans: - (b) (Rule-195 Volume-VI, Part-III)
4. The amount of commission to be realized at the time of sale of an IPO of denomination of Rs.100/ - is:-
(a) Rs. 10/- (b) Rs. 5/- (c) Re.1/- (d) Rs.2/-Ans: - (a) (Clause-244 PO Guide Part-I)
5. The 1st class mails handed by the Post Office are of: -
(a) 3 types-Letters, Letter Cards & Post Cards,(b) 4 types--- Letters, Letter Cards, Book Packets & Post Cards,(c) 5 types---- Letters, Letter Cards, Book Packets, Parcels & Post Cards,(d) None of the above.Ans: - (a) (Clause-98 PO Guide Part-I)
6. The maximum admissible weight of a Book Packet posted in Post is: -
(a) 2 KG (b) 3 KG (c) 4 KG (d) 5 KG.Ans: - (d) (Clause-98 PO Guide Part-I)
7. A Franking Machine has: -
(a) 1 meter (b) 2 meters (c) 3 meters (d) 4 meters Ans: - (b) (Clause-11 PO Guide Part-I)
8. In case of each Business Reply article, the Post Office will charge an additional postage of:
(a) Re. 1/- (b) Rs. 2/- (c) Rs. 3/- (d) Rs.4/-Ans: - (a) (Clause-11 PO Guide Part-I)
9. The Postal Index Number (PIN) must contain: -
(a) 5 digits (b) 4 digits (c) 7 digits (d) 6 digits Ans: - (d) (Rule-107 Postal Manual Volume-V)
10. The postal articles refused by the addressee are to be: -
(a) Returned to sender or to RLO(b) To be kept in deposit in the office of delivery(c) To be handed over to the Overseer for delivery(d) None of the above.Ans: - (a)
11. Minimum amount taxed on unpaid / insufficiently paid articles posted in post is: -
(a) Re. 1/- (b) Rs. 2/- (c) Rs.5/- (d) Rs. 6/-Ans: - (a)
12. Addressee's Instructions are of: -+
(a) 1 type---permanent instruction(b) 2 types-temporary instruction & permanent instruction(c) 3 types--- temporary instruction, semi- permanent instruction & permanent instruction(d) None of the above.Ans: - (b) (Rule-133 Postal Manual Vol.-VI Part-I)
13. Poste Restante are to be kept in deposit for: -
(a) 7 days from the date of receipt,(b) 15 days from the date of receipt,(c) 1 month days from the date of receipt,(d) 2 months days from the date of receiptAns: - (c)
14. Undelivered Acknowledgements cards are to be destroyed after: -
(a) 15 days (b) 1 month (c) 4 months (d) None of the above.Ans: - (c)
15. Redirection Fee for Parcel is: -
(a) 50% of the ordinary postage,(b) Nil,(c) 25% of the ordinary postage,(d) None of the above.Ans: - (a) (Clause 67-71 PO Guide Part-I)
16. Any postal article can be redirected: -
(a) By the office of posting(b) By both the office of posting & the office of destination(c) By any intermediate office/section handling the article(d) Only by the office of destination.Ans: - (d) (Clause 67-71 PO Guide Part-I)17. Ordinary postal article received in damaged condition in the o/o delivery: -
(a) Should be returned to the o/o posting(b) Should be sent out for delivery at once(c) Should be forwarded to the o/o the Divisional Superintendent(d) Should be enclosed in a protecting cover with a remark made on the top & the sent out for delivery.Ans: - (d) (Rule-145 Postal Manual Volume-V)
18. An Inland Parcel must be Registered if its weight exceeds: -
(a) 1 KG (b) 2 KG (c) 4 KG (d) None of the above.Ans: - (c) (Clause 164 PO Guide Part-I)
19. Currency Notes, Coins, precious stones can be sent by: -
(a) Insured Post (b) Registered Post (c) Ordinary Post(d) Under Certificate of Posting.Ans: - (a) (Clause 184 PO Guide Part-I)
20. The maximum limit of Insurance is: -
(a) Rs. 10, 000/-, (b) Rs. 50, 000/- (c) Rs. 1 lakh (d) None of the above.Ans: - (c) (Clause 184 PO Guide Part-I)
21. An Insured Bundle is prepared when there is: -
(a) More than 2 insured articles addressed to the same office of delivery(b) More than 3 insured articles addressed to the same office of delivery(c) More than 5 insured articles addressed to the same office of delivery(d) More than 1 insured article addressed to the same office of delivery.Ans: - (d) (Rule-89A Postal Manual Volume-V)
22. Delivery Slip in respect of Registered Articles to be delivered at the Window of the Post Office is prepared in: -
(a) Single Copy (b) Duplicate, (c)Triplicate (d) Not at all prepared.Ans: - (a) (Rule-164 Postal Manual Volume-VI Part-I)
23. The addressee of Registered Article to which an Acknowledgement Card is attached must sign: -
(a) Delivery Slip only (b) Acknowledgement Card only(c) Both the Delivery Slip & the Acknowledgement Card (d) None of the above.
Ans: - (c) (Rule-183 Postal Manual Vol.-VI Part-I)
24. The addressee of a Value Payable (V.P.) article may request the Post Office to detain his article in the Post Office by payment of warehousing charges for a period of: -
(a) 7 days (b) 5 days (c) 14 days (d) 1 month.
Ans: - (a) (Rule-222 Postal Manual Vol.-VI Part-I)
25. The maximum weight/aggregate weight of Parcel (s) (except VP Parcels and Parcels marked Poste Restante) that can be delivered at the premises of an addressee is: -
(a) 5 KG (b) 10 KG (c) 15 KG (d) 20 KGAns: - (b) (Clause 41 PO Guide Part-I)
26. The amount of commission charged on a Service Money Order amounting to Rs. 1000/- is
(a) Rs. 25/- (b) Rs.50/- (c) Rs. 100/- (d) NIL Ans: - (d)
27. A Family Allotment Money Order is remitted by the: -
(a) Defence authorities (b) Telecom authorities(c) General members of public (d) None of the above.Ans: - (a)
28. The maximum limit of a single ordinary Money Order is: -
(a) Rs. 2000/- (b) Rs. 5000/- (c) Rs. 10,000/- (d) Rs. 1 lakh.
Ans: - (b) (Clause 217 PO Guide Part-I)
29. A Money Order (MO-8) form is divided into: -(a) 2 parts (b)3 parts (c) 4 parts (d) 5 parts Ans: - (c) (Rule-8 Postal Manual Vol. VI Part-II)
30. A Money Order paid to an illiterate payee is paid: -
(a) After obtaining the thumb impression of the payee and getting it attested by a reliable witness other than the paying official(b) After obtaining the thumb impression of the payee(c) To a literate family member of the payee(d) After obtaining the thumb impression of the payee and getting it attested by the paying official.Ans: - (a) (Rule-38 Postal Manual Volume VI Part-II)
31. The name of the payee of a Money Order can be altered: -
(a) On payment of a second commission in cash,(b) On payment of a second commission in the shape of Postage Stamps(c) Free of cost(d) None of the above.
Ans: - (b) (Clause 227 PO Guide Part-I)
32. The Broken Amount of an Indian Postal Order can be made up by affixing: -
(a) 3 unused Postage stamps (b) 4 unused Postage stamps(c) 5 unused Postage stamps (d) Not permissible.
Ans: - (a) (Clause-245 PO Guide Part-I)
33. Maximum amount of compensation admissible in case of loss/destruction of a Registered article is: -
(a) Amount of actual loss (b) Rs. 50/- (c) Rs. 100/-(d) As claimed either by the addressee or by the sender.
Ans: - (c) (Clause-170 PO Guide Part-I)
34. Advance Remittance (or Minus Entry) is: -
(a) Cash is received prior to the receipt of the SO/ BO daily account(b) Cash is received after to the receipt of the SO/ BO daily account(c) Cash is received in short than as mentioned in the SO/BO daily account(d) None of the above.
Ans: - (a) (Rule-74, Postal Manual Vol.-VI, Part-III)
35. The word "in transit" means: -
(a) The value of cash/stamps which has been remitted and already accounted at the Cash Office(b) The value of cash/stamps which has been remitted but not yet accounted at the Cash Office(c) The value of cash/stamps which has not been remitted to the Cash Office on the same day(d) None of the above.
Ans: - (b) (Rule-74, Postal Manual Vol.-VI, Part-III).
36. Amount due from a Brach Post Office is: -
(a) Total of closing balance of BO + total amount of transit(b) Total of closing balance of BO(c) Authorized cash balance of BO(d) Total amount of transit of the BO.
Ans: - (a) (Rule-74, Postal Manual Vol.-VI, Part-III)
37. The Sub Office (S.O.) daily account is prepared by the: -
(a) Treasurer of the S.O. (b) Sub-Account PA of the S.O.(c) Sub-Postmaster of the S.O. (d) None of the above.
Ans: - (c) (Rule-29, Postal Manual Vol.-VI, Part-III)
38. S.O. slip is prepared and sent: -
(a) From H.O. to S.O. (b) From S.O. to B.O. (c) From S.O. to H.O. (d) From S.O. to the o/o the Divisional Superintendent.
Ans: - (a) (Rule-18, Postal Manual Vol.-VI, Part-III)
39. The Treasurer's Cash Book is divided into: -
(a) Only 1 part--- "receipts" (b) Only 1 part--- "payments"(c) 2 parts---"receipts" & "payments" (d) 3 parts---"receipts", "payments" & "cash/stamps in transit".
Ans: - (c) (Rule-86, Postal Manual Vol.-VI, Part-III)
40. The maximum weight of an article sent by "Express Parcel Post" is: -
(a) 10 KG (b) 25 KG (c) 30 KG (d) 35 KG.Ans: - (d)
41. Registered articles addressed to Shri Ramesh, 27, Highway Road, Chegunta will be delivered
(a) only to Shri Ramesh his residential address(b) to any one residing at the address given above(c) to a messenger from Shri Ramesh without any authorization letter(d) none of a, b, c.
Ans. (a) (Clause 36-PO Guide Part-I)
42. If the payee refuses to take Money order, it should be returned for repayment to the remitter
(a) on the same day (b) after keeping it in deposit for 3 days(c) after keeping it in deposit for 7 days (d) after keeping it in deposit for 15 DAYSAns. (c) (Rule 62 of Postal Man, Vol. VI Pt.II)
43. Registered letter addressed to Shri Srinivas could not be delivered as the addressee has left India. In such a case, who will make the remarks on the article for the cause of non- delivery?
(a) Registration Delivery PA (b) APM (Delivery)(c) Postmaster (d) Postman of that beatAns. (d) (Rule 183(2) of Postal Man. Vol.VI Pt.I)
44. Machine franked articles received from the local bank for dispatch indicating the place of origin & date of posting will be date stamped on
(a) Address side (b) back side (c) near the franked impression(d) need not be date stampedAns. (a) Address side
45. Money order payable to a person without fingers & suffering from leprosy and living in asylum shall be paid
(a) to the payee only after getting witness from literate persons.(b) to any of the family members of the payee duly witnessed by a literate person.(c) to a messenger authorized by the family members(d) to the Head of Asylum on his signing the MO on behalf of such a person.
Ans. (b) (Rule 35 of Postal Man. Vol.VI Pt.II)
46. Franked articles bearing previous day date stamp impressions presented for dispatch
(a) can be accepted. (b) can be rejected.(c) can be accepted after getting date stamp impression of the day of dispatch.(d) none of a, b, c.
Ans. (c) (Clause11 (10) (viii) (b) of PO Guide Part-I)
47. Who is incharge of Sorting Mail Office?
(a) Mail Guard (b) Mailman (c) Head Record Office (d) Head SorterAns. (d) (Rule 15 of Postal man. Vol.V)
48. Forward bag contains
a) Only closed bags b) bags to be opened by sectionc) Articles containing fully prepaid articles d) none of a, b, c.
Ans. (a) Rule 9 of Postal Man. Vol.V)
LGO EXAMINATION-MODEL QUESTION PAPER
Model Question Paper -Optical Mark Reader Last Grade Official [LGO] Examination for the promotion ofPostal Assistants/Sorting AssistantsWrite with Ball Point pen in boxes and HB pencils for darkening the responses forMCQs [Multiple Choice Questions] Max Marks 100 PAPER – II Time 60 Minutes
1. The reply post card system service from India is available for the following foreign countries.[a] France [b] Bhutan [c] Myanmar [d] Srilanka
2. Unpaid articles addressed by the public to officials of the Department of Post shouldbe taxed with postage, treated as refused and forward to _________ for returning tosender
[a] Sender [b] Head of Department of Posts [c] RLO [d] office of posting
3. Registered Bundles are prepared whenever there are more than ______ uninsuredRegistered articles of the letter mail for any Post Office for which any direct mail bagis not closed.[a] Three [b] Four [c] Two [d] Six
4 Greetings mails posted in non-seasonal period sent by earliest available
[a] Surface mode [b] Air lift mode [c] Air lift without collecting surcharge[d] Treated as First Class mails for dispatch
5 Territorial Bundles are prepared when number of articles is ________ or more.
[a] 12 [b] 16 [c] 30 [d] 25
6 In Meghdoot Millennium Point of Sale [POS] to go to the next field press[a] Enter/TAB key [b] Alt Key [c} Del key [d] Ctrl key
7. Crediting annual premium for a Rural Postal Life Insurance [RPLI] policy,Grace period of ______ days will be allowed for the holder to pay the premiumwithout fine.
[a] 30 days [b] 45 days [c] 60 days [d] 75 days
8 Yellow strip in corner check slips are used for
[a] Rajdhani mails [b] Metro mails [c] Air-Mails [d] Express Bundle
9. Rebate rate for RPLI Policy premium payment for twelve advance months is
[a] 0.5 % [b] 1% [c] 2% [c] 2 ½ %
10 For issuing duplicate RPLI/PLI policy, application in prescribed format should besubmitted in Rs ________ Stamp paper .
[a] Rs 50 [b] Rs 100 [c] Rs 250 [d] Rs 60
11 Direct Parcel Bags are closed whenever there are __________ or moreRegistered /Insured parcels to a particular Delivery PO
[a] Three [b] Four [c] Five [d] Six
12 . AV2 statement generally represents
[a] Air Mail correspondence posted in Ships [b] Correspondence letters posted in UNCamp [c] Correspondence letters posted in Foreign Boundary [d] Correspondences letters posted in Military Zone
13 ‘FOAS’ Means
[a] Follow Army Official Service [b] Free On Airmail Service[c] Free On Active Service [d] First Aide on Service
14. In the case of suicide by the policy holder of RPLI after ______ years, the nomineewill get the eligible surrender value
[a] Five [b] Two [c] Three [d] Six months
15. The maximum amount to be deposited in a Monthly Income Account Scheme by anindividual depositor is
[a] Rs 1.50 lakhs [b] 9.0 lakhs [c] 4.5 lakhs [d] 6.0 lakhs
16. The Interest Bearing Balance [IBB] in Postal Saving Bank Account will becalculated based on ______th instant of every month
[a] 5 [b] 21 [c] 10 [d] 1
17. Interest of TD account in Post office calculated in----------- basis.
[a] monthly compound [b] bimonthly compound [c] tri-monthly compound[d] yearly compound18. The Maximum balance kept by the depositors in a Joint POSB Account is
[a] 1 lakhs [ b] 2 lakhs [c] 3 lakhs [d] 4lakhs
19. An oblong stamp contains
[a] Month stamp [b] Audit stamp[c] Month & Audit stamp [d] Month &Year Stamp
20 The custodian of Insurance Stamp in a Sub Post Office is
[a] Mail PA [b] Sub Postmaster [c] Counter PA [d] MTS Employee
21 PLI premium in a particular policy will be accepted in any Post office in_____
[a] a Head Office [b] in a postal Division [c] in a Postal Circle [d] Whole India
22. i-MO contains ___________________ digits
[A] 8 [ b] 16 [c ] 12 [d] 10
23. Message portion in an e-MO limited into _________ characteristics
[a] 20 [b] 50 [c] 30 [d] 40
24. The maximum amount can send by e-MO is
[a]Rs 10000 [b] Rs 5000 [c} Rs 2000 [d] Rs 1000
25 The maximum amount sends by i-MO
[a]Rs100000/- [b] Rs 50000/- [c] Rs10000/- [d] Rs 20000/-
26 The amount of postage required for sending 200gm by way of book post
[a] Rs 8/- [b] Rs 10 [c] Rs 13/- [d] None
27. The minimum tariff amount to be insured on a postal article.
[a] Rs 100/- [b]Rs 500/- [c] Rs1000/- [d] Rs 200/-
28 The savings earned by a customer in commission by way sending an amount ofRs 5000/-, if he adopt i- MO service instead of e-MO.service
[a] Rs 100/- [b] Rs 50/- [c] Rs 75/- [d] Rs 200/-
29. If a bag label superscripted as ‘CAP’, it means.
[a] Care Adopted Parcel [b] Contain Air Parcel[c] Certified Approved Packing [d] Care after Packing
30. The registered letter addressed to foreign countries bear the bar-code as
[a] EBL [b] RR [c] RL [d] IN31. A Poste restante article [except VP article] will kept under deposit for a period of__________________ Days/ weeks/months.
[a] 15 days [b]one week [c] one month [d] 45 days
32. Redirection fee charged for inland parcels is_______________
[a] postage prepaid initially [b] Rs 10/- [c] half the prepaid postage [d] Rs 32/-
33. Complaints relating to loss/ non receipt of MO/VP articles should be lodgedwith in_________________ days
[a] One year [b] 45 days [c] one month [d] six months
34. Maximum weight of a letter article would not exceed _________ gms.
[a] 1000 gms [c] 500 gms [c] 2000 gms [d] 250 gms
35. For ‘blind literature packet’ the following charge has to be borne by the sender.
[a] registration fee [b] acknowledgement fee[c] postage fee [d] air surcharge fee
36. Maximum value of Field Postal Order is______________
[a] Rs 10000 [b] Rs 25000 [c] Rs 50000/- [d] Rs One lakhs
37. Minimum insurance fee at present levied is Rs.______________
[a] Rs 2/- [b] Rs 5/- [c] Rs 6/- [d] Rs 10/-
38. Commission to be paid for a Indian Postal Order of Rs 100/-
[a] 5/- [b] Rs 10/- [c] Rs 12.50 [d] Rs One
39. The fee charged for issuing a duplicate Savings Bank Passbook is________
[a] Rs 2/- [b] Rs 5/- [c] Rs 10 /- [d] Rs 25/-
40. A customer presented an insured VP letter, insurance amount Rs 300/- and VPamount Rs 100/- with affixed prepaid postage stamp worth Rs 10/- weighing 23grams in POS counter of a Post office. The amount collected by the POS PA fromthe customer is _____________
[a] Rs 26/- [b] Rs 38/- [c] Rs 36/- [d] Rs 20/-
41. The sanctioning limit of Time scale Sub Post Master in respect of Savings Certificateclaim is___________
[a] Rs5000/- [b] Rs 500/- [c] Rs1000/- [d] Rs 2500/-
42. A report in respect of all transaction of deposits/withdrawals of Rs 50000/- or abovefrom SB/SC transactions should invariably reported by the in charge of Post Officeto the concerned Superintendent of Post Offices on or before ___________ workingday of the subsequent month
[a] 3rd day [b] 5th [c] 7th [d] 10th
43. ‘The Fatal Disc Error’ in Sanchay Post module is due to computer virus named____
[a] Trojan virus [b] Sality Virus [c] KGB Virus [d] Mouse virus
44. The amount of limit of withdrawal by branch post offices without obtaining thesanction from the Account office is ___________
[a] Rs 500/- [b] Rs 1000/- [c] Rs 2000/- [d] Rs 5000/-
45. Permissible defaults in RD deposit scheme in respect of Defence Personal in FieldPost office is ______________
[a] 7 [b] 4 [c] 5 [d] 6
46. Any repayment of deposit together with interest in any of the Small Savings Schemes exceptSavings Account if becomes Rs.__________ /- or above should only be made either byaccount payee cheque or by crediting into Savings Account of the person standing at the samePost office provided that maximum limit prescribed for single as well as joint SavingsAccount is not exceeded. [Income Tax Act 269-T]
[a] Rs 100000/- [b] Rs 50000/- [c] Rs 20000/- [d] Rs 10000/-
47. If a “ T ” stamp impressed in the middle of the upper part of a postal cover , it shows that
[a] It contains telegrams [b] It is a postage due foreign articles[c] It contains telegraph messages [d] It contain Tax-paid returns
48. For joining in RPLI scheme , the minimum age on next birth day is __________ years
[a] 60 [b] 18 [c] 21 [d] 19
49. The Maximum insurance limit in RPLI policy is Rs ______________
[a} Rs five lakhs [b] Rs four lakhs [c] Rs Three lakhs [d] Rs Two lakhs
50. The annual increment for Postal Assistant/Sorting assistant will be drawn in every _________
[a] January month [b] Month in which he/she joins in the post[c] July month [d] October Month
4 Surface Mode
6 Enter/TAB key
7 75 days
8 Rajdhani Mails
10 Rs 100
12 Air mail correspondence posted in ship
13 Free On Active Service
14 Two years
15 4.5 lakhs
17 Tri-monthly basis
18 Two lakhs
19 Month and audit
20 Sub Postmaster
21 Whole India
22 16 numbers
24 Rs 5000
25 Rs 50000
26 Rs 13/-
27 Rs 200-/-
28 Rs 100/-
29 Contain air parcel
31 ONE MONTH
32 Half the prepaid postage
33 Six months
34 2000 gms
35 Air surcharge fee
36 Rs 50000/-
37 Rs 10/-
38 Rs 10/-
39 Rs 10/-
40 Rs 36
41 Rs 1000/-
42 3rd working day
43 Sality virus
44 Rs 5000/-
46 Rs 20000/-
47 It is a due foreign articles
48 19 years
49 Three lakhs
50 July month
Friday, August 19, 2011
ಅಂದು ಮಹಾತ್ಮ ಗಾಂಧೀಜಿ ದೇಶದ ಸ್ವಾತಂತ್ರಕ್ಕಾಗಿ ಅಹಿಂಸಾತ್ಮಕವಾಗಿ ಹೋರಾಡಿ ದೇಶಕ್ಕೆ ಸ್ವಾತಂತ್ರ ಗಳಿಸಿಕೊಟ್ಟರು. ಆದರೆ ಇಂದು ಅ ಮಹಾತ್ಮನ ಕನಸು ನುಚ್ಚು ನೂರಾಗಿದೆ. ದೇಶದ ತುಂಬೆಲ್ಲ ಭ್ರಷ್ಟಾಚಾರ ತಾಂಡವವಾಡುತ್ತಿದೆ. ಸಮರ್ಥ ಜನ ಲೋಕಪಾಲ್ ಬಿಲ್ಲನ್ನು ಮಂಡಿಸಲು ಗಾಂಧಿವಾದಿ ಅಣ್ಣ ಹಜಾರೆ ಮಾಡಿದ ಉಪವಾಸಕ್ಕೆ ಕೇಂದ್ರ ಸರ್ಕಾರ ತನ್ನದೇ ಲೋಕ ಪಾಲ್ ಬಿಲ್ಲನ್ನು ತಂದು ಅದನ್ನು ಸಂಸತ್ತಿನಲ್ಲಿರಿಸಿದೆ. ಇದಕ್ಕೆ ಕೇವಲ ಆಡಳಿತ ಪಕ್ಷ ಮಾತ್ರ ಕಾರಣವಲ್ಲ. ಎಲ್ಲ ರಾಜಕೀಯ ಪಕ್ಷಗಳದ್ದು ಪಾಲಿದೆ. ಸರ್ವ ಪಕ್ಷ ಸಭೆಯಲ್ಲಿ ಎಲ್ಲ ಪಕ್ಷಗಳೂ ನಿರ್ದಾರಕ್ಕೆ ಬಾರದೆ ಹೋದವು. ಅದಕ್ಕಾಗಿ ಅಣ್ಣ ಮತ್ತೊಮ್ಮೆ ಉಪವಾಸಕ್ಕೆ ಕುಳಿತಿದ್ದಾರೆ. ಅಷ್ಟಕ್ಕೇ ಹೆದರಿದ ಸರ್ಕಾರ ಅಂದು ನೌಕರರ ಮುಷ್ಕರದ ಹಕ್ಕನ್ನು ಕಸಿದಂತೆ ಇಂದು ಅಣ್ಣನನ್ನು ಬಂದಿಸಿದೆ. ಇದರಿಂದ ಈ ಹಿಂದಿನ ಬ್ರಿಟಿಷ್ ಆಡಳಿತಕ್ಕಿಂತ ಕೆಟ್ಟದಾಗಿ ಕೇಂದ್ರ ಸರ್ಕಾರ ನಡೆದುಕೊಂಡಿದೆ. ಇಡೀ ದೇಶಕ್ಕೇ ದೇಶವೇ ಇಂದು ಅಣ್ಣ ಪರವಾಗಿ ನಿಂತಿದ್ದರ ಪಲವಾಗಿ ಒಂದು ರೀತಿ ಭೃಷ್ಟಾಚಾರದ ವಿರುದ್ದವಾಗಿ ಮತ್ತೊಂದು ಸ್ವತಂತ್ರ ಹೋರಾಟ ರೂಪು ಗೊಂಡಿದೆ.
ಈ ಹಂತದಲ್ಲಿ ದೇಶದಲ್ಲಿ ಪ್ರಾಮಾಣಿಕ ನೌಕರನೆಂಬ ಹಣೆಪಟ್ಟಿ ಹೊಂದಿರುವ ಏಕೈಕ ಸಂಸ್ಥೆ /ಇಲಾಖೆಯಾದ ಅಂಚೆ ನೌಕರರ ಪಾಲು ಇರಬೇಡವೇ? ಹಾಗಾಗಿ ಏಳಿ , ಎದ್ದೇಳಿ ಅಂಚೆ ನೌಕರರೆ, ಅಣ್ಣನ ಹೋರಾಟಕ್ಕೆ ಕೈ ಜೋಡಿಸಿ. ಪ್ರಾಮಾಣಿಕ, ಭೃಷ್ಟಾಚಾರ ಮುಕ್ತ ಭಾರತಕ್ಕೆ ಪ್ರತಿಜ್ಞೆಮಾಡಿ. ಹೋರಾಟ ನಮಗೇನು ಹೊಸತಲ್ಲ. ನಮ್ಮ ಬೇಡಿಕೆಗಳ ಈಡೇರಿಕೆಗಾಗಿ ಮಾಡುವ ಹೋರಾಟಕ್ಕಿಂತಲೂ ದೇಶಕ್ಕಾಗಿ ನಡೆಸುವ ಈ ಹೋರಾಟ ಮುಖ್ಯ. ಅಣ್ಣನ ಹೋರಾಟಕ್ಕೆ ಜಯವಾಗಲಿ. ಭೃಷ್ಟಾಚಾರ ಮುಕ್ತ ಭಾರತ ನಮ್ಮ ಉಸಿರಾಗಲಿ.
Tuesday, August 16, 2011
The number of operational small savings accounts in the Department of Post as on 30/6/2011 are 264585266 and the amount deposited therein by the common man as on June 2011 is 3728154388 (Rs in thousands)
The number of accounts closed by customers during the last one year is 40950379.
The collections under all small savings schemes are credited to National Small Savings Fund (NSSF) and the opening balance as per Budget Estimates 2011-12 is Rs. 7,99,386.51 crore.
The small savings schemes continue to enjoy investor confidence as the risk-return equation of these schemes is favourable with the benefits of liquidity, accessibility, tax incentives and implicit sovereign guarantee. The Government has taken the following steps to make the small savings schemes more attractive and investor friendly:-
The restriction on opening of more than one account during a calendar month under the Senior Citizens Savings Scheme has been removed with effect from 24th May, 2007.
All categories of pensioners have been allowed to open and maintain 'Pension Account' under Post Office Savings Account Rules, with effect from 11th July, 2007.
The penalty on pre-mature withdrawal of deposits under the Post Office Monthly Income Account (POMIA) scheme has been rationalised from 3.5% to 2% on withdrawal on or before expiry of three years and 1% on withdrawal after expiry of three years.
The maximum deposit ceilings of Rs. 3.00 lakh and Rs. 6.00 lakh under the Post Office Monthly Income Account (POMIA) scheme has been raised to Rs. 4.5 lakh and Rs. 9.00 lakh in respect of single and joint accounts respectively.
Bonus at the rate of 5 per cent on the deposits made under Post Office Monthly Income Account (POMIA) Scheme on or after 8th December, 2007 upon the maturity of the deposit had been reintroduced.
The benefit of Section 80C of the Income Tax Act, 1961 has been extended to the investments made under 5-Year Post Office Time Deposits Account and Senior Citizens Savings Scheme, with effect from 1.4.2007.
A website of the National Savings Institute under Government of India, Ministry of Finance has also been launched to facilitate interface with the public through wider dissemination of information on small savings and on-line registration and settlement of investors grievances. The website address is nsiindia.gov.in.
This statement was given by Shri Sachin Pilot, the Minister of State Communication and Information Technology in response to a question in Rajya Sabha today.
Monday, August 15, 2011
DECLINING PROMOTION TO POSTMASTER GRADE- I BY THE OFFICIALS DECLARED SUCCESSFUL IN POSTMASTER GRADE- I DEPARTMENTAL COMPETITIVE EXAMINATION HELD ON 12
D.G. Posts No.4-2/2011-SPB.II dated 09 August, 2011(Addressed to the CPMG Tamil Nadu Circle and copy to all Head of Postal Circles/Postmaster General)
I am directed to refer to Circle Office's letter No. STA/5-21/Gr.I Postmaster/Ruling/2010, dated 25.7.2011 on the above subject and to say that declination of appointment by the candidate to the post of Postmaster Grade-I after passing the Departmental Examination, but before his appointment, may be accepted.
Friday, August 12, 2011
Saturday, August 6, 2011
ದಿನಾಂಕ ೦೭.೦೮.೨೦೧೧ ರಂದು ನಡೆಸಲು ಉದ್ದೇಶಿಸಲಾಗಿದ್ದ ವಿಭಾಗೀಯ ಅಧಿವೇಶನವನ್ನು ಮುಂದೂಡಲಾಗಿದೆ.
ನಮ್ಮ ಇಲಾಖೇತರ ಸಂಘದ ಕಾರ್ಯದರ್ಶಿಗಳಾದ ಕಾಂ. ಹೆಚ್.ವಿ.ರಾಜ್ ಕುಮಾರ್ ರವರಿಗೆ ಒಂದು ಅಪಘಾತ ವಾಗಿದ್ದು ಅವರಿಗೆ ಡಾಕ್ಟರ್ ಒಂದು ತಿಂಗಳ ಸಂಪೂರ್ಣ ವಿಶ್ರಾಂತಿ ಹೇಳಿದ್ದರಿಂದ ಅಧಿವೇಶನವನ್ನು ಮುಂದೂಡುವುದು ಅನಿವಾರ್ಯವಾಗಿದೆ. ಮುಂದಿನ ದಿನಾಂಕ ಮತ್ತು ಸ್ಥಳವನ್ನು ಮುಂದೆ ತಿಳಿಸಲಾಗುವುದು.
ಜಿ.ರಾಘವೇಂದ್ರ, ಹೆಚ್.ಆರ್. ಈಶ್ವರಪ್ಪ, ಹೆಚ್. ವಿ .ರಾಜ್ ಕುಮಾರ್
ಕಾರ್ಯದರ್ಶಿ ಕಾರ್ಯದರ್ಶಿ ಕಾರ್ಯದರ್ಶಿ
It is proposed to introduce the segments of Core Banking Solution relevant to Post office Savings Bank Scheme (POSB) in 2207 departmental post offices initially.
The Government proposes to provide ATM facility in 810 Post offices. The following are the offices in Karnataka
ಕರ್ನಾಟಕದಲ್ಲಿ ಎ ಟಿಎಂ ಸೌಲಭ್ಯ ದೊರೆಯಲಿರುವ ಅಂಚೆ ಕಛೇರಿಗಳು
೮ ಬಸವನಗುಡಿ ಹೆಚ್. ಓ
೨೨ ಹೆಚ್ ಎ ಎಲ್ ೨ ನೆ ಹಂತ
೨೮ ಜಾಲಹಳ್ಳಿ ಹೆಚ್ ಓ
೩೦ ಜಯನಗರ ಹೆಚ್.ಓ
೩೩ ಕೋಲಾರ ಹೆಚ್ ಓ
೩೪ ಕೊಳ್ಳೇಗಾಲ ಹೆಚ್ ಓ
೩೭ ಕುಲಶೇಖರ ಹೆಚ್ ಎಸ್ ಜಿ.೧
೪೧ ಮಂಡ್ಯ ಹೆಚ್.ಓ
೪೪ ಮೈಸೂರು ಹೆಚ್ ಓ
೪೫ ನಂಜನಗೂಡು ಹೆಚ್.ಓ
೪೭ಅರ.ಟಿ ನಗರ ಹೆಚ್.ಓ
೪೯ ರಾಜಾಜಿನಗರ ಹೆಚ್ ಓ
೫೩ ಸರಸ್ವತಿಪುರಂ ಹೆಚ್ ಓ.
India Post wins Today's Traveller Award for Best Customer Service Organization, 2011 :
The Award will be presented to India Post on 23rd August, 2011
Mr. Subodh Kant Sahai, Hon'ble Minister for Tourism, Govt. of India.
CONGRATULATIONS TO POSTAL FAMILY
It is observed that HSG-I Postmaster is competent to grant only casual leave to the staff working under him/her. The applicants for grant of other kind of leave to staff are forwarded by him/her to the Division Office for approval. It has been brought to the notice of the Directorate that at times the said procedure takes time and if such officials who do not have casual leave left in their accounts want to proceed on earned leave immediately due to some unforeseen circumstances, they face problems in proceeding on leave at short notice.
2. The matter has been looked into. It has been decided by the competent authority in the Directorate that in such pressing circumstances HSG-I Postmasters while recommending earned leave may relieve the official of his duties in anticipation of grant of leave by the competent authority provided:
i. The earned leave applied for by the individual is not for more than the period of three days.
ii. No substitute is required in case the official proceeds on leave.
iii. The leave may be recommended by the HSG-I Postmaster by recording that it is being recommended subject to the availability of leave in the credit of the applicant.
iv. The official may be relieved after duly following the procedure of handing/taking over the charge.
v. If later on the sanctioning authority finds that the official does not have the leave applied for to his credit he should obtain the revised application from the individual for the kind of leave he/she is entitled to at the earliest.
vi. If the official needs earned leave for more than three days or wants to extend the earned leave beyond three days he should apply for same well in advance so that it is sanctioned as per the existing procedure.
Thursday, August 4, 2011
"The government has approved ''India Post Technology Project-2012'' for the IT modernisation of Department of Post to be implemented in a phased manner by 2012-13," minister of state for communications and IT Sachin Pilot said in a written reply to Lok Sabha."The project would cover all post offices across the country," he added.Pilot also informed that 24,015 post offices in the country have been provided with computers till date and that 1279 post office are yet to be computerised.In a reply to another question, Pilot said the Department of Post has set a target to open 125 franchisee outlets in the ongoing financial year.A total of 21 states have been identified by DoP for opening franchisee of post offices.
Pilot also said that 5 new post offices will be opened
during the ongoing financial year in hilly areas-- one in Karnataka and four in Jammu and Kashmir
THE SUGGESTIONS OF THE UNIONS TO SHIFT THE OFFICE TO RMS BHAWAN, G.P.O OR SOME OTHER OFFICE IS NOT AGREED BY THE ADMINISTRATION. DEPARTMENT IS NOT READY TO GO ON APPEAL TO SUPREME COURT ALSO. NFPE HAS INTERVENED AT DIRECTORATE LEVEL AND DISCUSSIONS TOOK PLACE WITH MEMBER (OPERATION).
DIRECTIONS HAVE BEEN GIVEN TO CPMG KARNATAKA CIRCLE TO DISCUSS THE ISSUE WITH THE STAFF UNIONS TO FIND OUT A SOLUTION.
NFPE ADDRESSED TO POSTAL DIRECTORATE
ON MERGER OF BANGALORE TD SORTING TO BANGALORE RMS AND SHIFTING OF AHRO III TO BANGALORE G.P.O.
No.PF-45/2011 Dated : 02nd August, 2011
It is reported that Karnataka Circle administration has ordered merger of Bangalore TD Sorting to Bangalore RMS and shifting of AHRO III to Bangalore GPO without consulting the Staff unions, which has caused protest and resentment among the staff.
It is a fact there is a High Court Order for vacating the present building in which the Bangalore TD Sorting Office is housed but the Department has not made any attempt to find out alternative accommodation which is available. The Court has given time up to 31.12.2011.There is enough vacant space in the RMS Bhawan, RT Nagar H.P.O. and Bangalore GPO Building. The facilities are and accommodation available in the proposed venue of the RMS Building is not at all sufficient accommodating the Bangalore TD Sorting Office with existing staff and material. It is feared that the Department is trying to implement the Mail Network optimization Project by merging the office which is against the sprit of understanding reached with the staff side during discussion on strike Charter of Demands.
The entire RMS employees are on strike under the banner of JCA (NFPE & FNPO) protesting unilateral and highhanded action of Circle administration.
Therefore, we would urge upon you to kindly intervene in the matter and issue necessary instructions to Karnataka Circle administration not to merge the Bangalore TD Sorting Office and AHRO III.
A superannuation pension shall be granted to a Government servant who is retired on his attaining the age of 60 years.
A retiring pension shall be granted to a Government servant who retires, or is retired before attaining the age of Superannuation or to a Government servant who, on being declared surplus opts, for voluntary retirement.
Any Government servant can apply for voluntary retirement, three months in advance, only after the completion of twenty years of his qualifying service, provided there is no vigilance or Departmental Enquiry pending /initiated against him/her.
Invalid Pension may be granted if a Government servant applies for retirement from the service on account of any bodily or mental infirmity which permanently incapacitates him/her for the service. The request for invalid pension has to be supported by medical report from the competent medical board.
If a Government servant is selected for discharge owing to the abolition of a permanent post, he shall, unless he is appointed to another post the conditions of which are deemed by the authority competent to discharge him/her to be at least equal to those of his own, have the option –
(a) of taking compensation pension to which he may be entitled for the service he had rendered, or
(b) of accepting another appointment on such pay as may be offered and continuing to count his previous service for pension.
Compulsory Retirement Pension:
A Government servant compulsorily retired from service as a penalty may be granted, by the authority competent to impose such penalty, pension or gratuity, or both at a rate not less than two-thirds and not more than full compensation pension or gratuity, or both admissible to him on the date of his compulsory retirement. The pension granted or allowed shall not be less than Rs. 3500/- p.m.
(i) A Government servant who is dismissed or removed from service shall forfeit his pension and gratuity:
Provided that the authority competent to dismiss or remove him from service may, if the case is deserving of special consideration, sanction a compassionate allowance not exceeding two-thirds of pension or gratuity or both which would have been admissible to him if he had retired on compensation pension.
(ii) A compassionate allowance sanctioned under the proviso to sub-rule (i) shall not be less than the amount of Rupees one thousand nine hundred and thirteen per mensem.
Extraordinary Pension in the form of Disability pension/extraordinary family pension may be paid to the Government servant/his family if disablement/death (or the aggravation of disablement/death)of the Government servant, during his service, are attributed to the Government service. For the award of extraordinary pension, there should thus be a casual connection between disablement and Government service; and death and Government service, for attributability or aggravation to be conceded. The quantum of the pension, however, depends upon the category of the disablement/death.
Government servants appointed on or after 1.1.2004 are not covered by the CCS(Extraordinary Pension) Rules.
Family pension is granted to the widow / widower and where there is no widow / widower to the children of a Government servant who entered in service in a pensionable establishment on or after 01/01/1964 but on or before 31.12.2003 or having entered service prior to that date came to be governed by the provisions of the Family Pension Scheme for Central Government Employees, 1964 if such a Government servant-
(i) dies while in service on or after 01/01/1964 or
(ii) retired/died before 31.12.1963 or
(iii) retires on or after 01/01/1964
and at the time of his death was in receipt of pension.
Family pension is payable to the children up to 25 years of their age, or marriage or till they start earning a monthly income exceeding Rs.3,500/- + DA admissible from time to time p.m. whichever is earlier.
Widow daughter / divorced daughter/ unmarried daughter of deceased Government servant is also entitled for the family pension till her remarriage or up to life time or starts earning a monthly income exceeding Rs.3,500/- + DA admissible from time to time p.m. whichever is earlier.
Family pension is also payable to the dependent parents of deceased Government servants w.e.f. 01/01/98, where there is no claimant i.e. spouse or child for family pension, alive.
If the son or daughter, of a Government servant is suffering from any disorder or disability of mind or is physically crippled or disabled so as to render him or her unable to earn a living even after attaining the age of 25 years, the family pension can continue to be paid for life time subject to conditions.
you are aware that the Confederation has been demanding for the enhancement of the interest rate on the GPF of Central Government Employees and this had been one of the demands of the CG Employees Charter. Now according to the PTI, a Parliamentary Panel headed by the former Finance Minister Sri. Yashwant Sinha has recommended hike to the GPF interest rates. We are reproducing the news item [Central Government Employees News]:
A Parliamentary panel today asked the Central government to increase the rate of return on provident fund for its employees in the light of rising bank rates and EPFO's decision to hike its rate to 9.5% for 2010-11.
"The rate of interest on General Provident Fund (GPF) which is pegged at 8% may be reviewed so that government employees are not put to any disadvantage more so now when the interest rates for bank deposits has also been raised," the Standing Committee on Finance suggested in its report.
If the suggests of the panel finds favour from the government, over 50 lakh Centre's employees will stand to benefit.
The panel headed by former Finance Minister Yashwant Sinha, pointed out that retirement fund body Employees Provident Fund Organiation has also increased rate of interest on PF deposits to 9.5% for 2010-11 from 8%.
The EPFO had been paying 8.5% interest on PF deposits since 2005-06. In September last year, it had recommended an increase in interest rate to 9.5% for 2010-11 after discovering Rs 1,731 crore surplus in their books of accounts.
In the present scenario, the bank rates are also increasing. Reserve Bank of India has increased its short term lending and borrowing rates by half a percentage point to 8 and 7%, respectively in its recent quarterly review unveiled on July 26.Following the central bank's rate hike, some private and public sector have also hiked their rates.
Press Trust of India / New Delhi August 02, 2011
Government of India
No 25-20/2008-PE-I (Pt.)
Ministry of Communications & IT
Department of Posts
Dated Bhawan, Sansad Marg
New Delhi-110 001
Dated 22nd July, 2011
All Heads of Circles
Subject:-Study to be carried out on Postmen related issues.
The Joint Council of Action of Staff Federations including Postmen Staff submitted their Agenda of demands to the Department for their resolution. As ordered by the Competent Authority, a separate Committee has been formed to look into the issues flagged by the Postmen Unions. A meeting of the said Committee held on 01.07.2011, wherein during the course of discussion, Staff side put forward certain issues on which they are facing difficulties while discharging their duties.
2. In this connection, therefore, the Competent Authority has decided that each Circle should carry out detailed study on following issues:-
(i) Extraction of Data Entry Work from Postmen.
(ii) Irregular computation of working hours for Postmen in the field units- assess
all areas of work being handled by Postmen.
(iii) Assess the average Beat Length of Postmen for deciding the maximum
Beat length as in some Circles it stretched upto 40 Kms or more.
(iv) Postmen to carry all articles (first class, second class, Speed Post,
Registered Post, Money Orders, EPP, etc.) in each Beat.
3. It is requested to complete the Study on above points and send the report alongwith the comments of CIFA to this office by 19th August, 2011 positively so that further suitable action could be taken.
4 It may please be accorded Top Priority.
This issues with the approval of the Competent Authority.
(Prabhu Das Xalxo)
Asstt. Director General (Estt.I)
Note: All Circle Secretaries / Divisional Secretaries and Branch Secretaries are requested to keep watch on the Survey of the Beats done by the Administration and intimate developments to P-4 CHQ.
SCHEME FOR ENGAGEENT OF GDS ON COMPASSIONATE GROUNDS- MERIT POINTS AND PROCEDURE FOR SELECTION – REVISED PROVISIONS THEREOF.
2. The Scheme has recently been reviewed in this Directorate and in partial modification to the existing provisions contained in Para 7 of the Scheme, the following revised provisions may be substituted:-
(a) The existing ceiling of 10% is removed. All requests for compassionate engagement would be considered by the Circle Relaxation Committee on application of the relative merit points prescribed in this Directorate letter dated 14.12. 2010 in hard and deserving cases only subject to availability of the vacancy for the purpose & fulfillment of the terms and conditions of the GDS post. The term "hard and deserving cases" would mean cases over and above 50 merit points.
(b) All cases that are more than 5 years old or in which there is/are earning members(s) in the joint families hithertofare considered initially by the Circle Relaxation Committee and prescribed to be referred to this Directorate for approval would also be decided by the Circle Relaxation Committee concerned without further reference to this Directorate.
(c) All other provisions contained in the Scheme dated 14.12. 2010 shall continue to apply as already prescribed and all compassionate engagement shall be approved within the ambit of the prescribed Scheme only.3. The revised provisions shall take effect from the date of application of the original Scheme. However, no past case decided in accordance with the original scheme prior to issue of this order shall be reopened. All cases lying undecided for whatever reasons may be decided only by the Circle Relaxation Committee without any further reference to this Directorate
Tuesday, August 2, 2011
Telecom Minister Kapil Sibal wants to reach out to the masses in the rural areas with modern banking facilities through the post offices.
"We want to commercialise the department. We will seek a licence from the RBI to convert all our post offices into banks," Sibal told PTI.
The lack of modern banking facilities in rural areas and dependence of villagers on informal sector for their credit requirements has prompted the government to work on financial inclusion by way of setting up 'postal banks'.
"The State Bank of India can't build branches all over India, but there are post offices across India. The branches are already there, so infrastructure expenditure is not required. So you can actually give banking facilities at relatively lower costs, which would be extremely beneficial to people," he said.
The post offices currently offer financial services like savings bank, postal life insurance, pension payments and money transfer services. Its total corpus stood at Rs 5,82,832.9 crore as on March 31, 2011.
DoP's revenues grew 11 per cent to Rs 6,954.09 crore in 2010-2011 from Rs 6,266.70 crore in the previous fiscal.
However, negative growth rate in some circles has pushed the Department's deficit to Rs 6,625 crore in FY'11, almost equal to the annual revenue of the Department.
"I want to make the (postal) system commercialised. By corporatising over 1.5 lakh post offices across the country, the ministry is expecting to improve the quality of services, increase profitability and reduce prices," Sibal said.
Out of the 22 DoP circles, some circles like Chhattisgarh have reported a negative growth of 19 per cent, Jharkhand 18 per cent and North East 15.9 per cent, whereas Assam (23.7 per cent), Haryana (19.5 per cent), Karnataka (13.5 per cent) and Tamil Nadu (13.9 per cent), recorded positive growth.
Among other steps, the Minister has asked members of Postal Services Board (PSB) to ensure 20 per cent revenue growth on sustainable basis.
Each member of the PSB has been asked to identify, commercialise and operationalise five major schemes of the Indian government, and partner with 5 PSUs and 10 corporate houses for commercial tie-ups with India Post with revenue potential of at least Rs 50 crore each.
DoP is also believed to be working towards setting up ATMs and offer debit cards for its customers.
"My vision is that post offices must become banks, so that an ordinary man can with Rs 10 open an account. We can set-up ATM machines for the e-banking...we can do e-retail," Sibal said.
According to officials, work for setting up 1,000 India Post ATMs is at an advanced stage and DoP has already held parleys with vendors on this front.
The Department is also working on providing skill development courses to its over 4.75 lakh employees with the Human Resources Development Ministry.
"The postman should also learn e-banking so that he can actually help the consumer on the ground. So, we are developing specialised skill development courses with the HRD Ministry," Sibal said.
Post offices to offer core banking solution by next year:
In a major exercise to boost its profitability, the Department of Posts (DoP) plans to introduce core banking solution besides setting up India Post ATMs and debit cards for its customers."We have set target of bringing in core banking solution by 2012. It will ensure smooth online transactions. We are giving some e-payment services, but they are fragmented," a top offical from Department of Post said.He added that the work for setting up 1,000 India Post ATMs was in advanced stage and DoP had already held parleys with vendors on this front. "We will also issue debit cards to our existing savings account-holders," the source added.The DoP is tying up with banks so that customers can use their India Post debit card at any ATM machine pan-India. With a network reach of over 1.44 lakh post offices, DoP hopes to transform itself into a post bank."Yes, this is very much possible. We are offering three-fourth of a bank's services and have the widest reach. The infrastructure is almost ready. In fact, we have given this proposal to the Ministry of Finance and are waiting for its comments," he added.The lack of modern banking facilities in rural areas and dependence of villagers on informal sector for their credit requirements prompted government to establish a post bank. "The aim of establishing a post bank is to provide banking services to the rural poor who still do not have modern banking facilities and still have to depend on informal sector for their credit requirements," he said.The Planning Commission had allocated Rs 5 crore during the 11th Plan period towards this purpose under the head of 'studies and miscellaneous expenditure relating to setting up of Post Bank of India'. The DoP with its huge network already provides various financial services, including a post office savings bank, postal life insurance, pension payments and money transfer services.