Thursday 4 September 2014

Thursday, September 4, 2014

COMMITTEE TO EXAMINE UN-CLAIMED AMOUNT REMAINED IN PPF, POST OFFICE AND SAVINGS SCHEMES
Press Information Bureau
Government of India
Ministry of Finance
03-September-2014 18:01 IST

            Finance Minister Approves Setting-up of A Committee to Examine un-Claimed Amount Remained in PPF, Post Office and Savings Schemes and Recommend how this Amount can be Used to Protect and Further the Financial Interest of the Senior Citizens.  

            The Union Finance Minister Shri Arun Jaitley has approved the setting-up of a Committee under the Chairmanship of Deputy Governor, Reserve Bank of India(RBI) to examine un-claimed amount remained in PPF, Post Office, Savings Schemes etc and recommend how this amount can be used to protect and further the financial interest of the senior citizens.

            The Finance Minister, vide para 39 of his Budget Speech 2014-15, had announced that "a large amount of money is estimated to be lying as unclaimed amounts with PPF, Post Office, Savings Schemes etc. these are mostly out of  investments belonging to the senior citizens and on their demise, remain unclaimed for want of relevant payment instructions" and has proposed to set-up a Committee to examine and recommend how this amount can be used to protect and further financial interest of the senior citizens.

            Accordingly, with the approval of the Union Finance Minister, a Committee has been set-up with the following composition: 

1)      Deputy Governor, RBI                                      - Chairman
2)      Secretary, Department of Posts                      - Member
3)      Joint Secretary (Law), M/o Law and Justice  - Member
4)      Dy. Managing Director of S.B.I                        - Member
5)      Executive Director, Punjab National Bank     - Member
6)      Joint Secretary (Budget), DEA                         - Member
7)      Joint Director,                                                   - Member Secretary

National Savings Institute                 
The Terms of Reference (TOR) of the Committee would be: 

·         Based on defined scope, by Reserve Bank of India, estimation of amount lying unclaimed under various scheme's (Small Savings and other Savings Schemes of banks) with Post Offices/ Public Sector Banks;

·         Procedure for bringing such unclaimed deposits to a common pool to be suggested by the Committee. Changes, if any, required to be made in the legal framework may be suggested. Committee to also suggest if such a pool should be placed within Government account or outside it.

·         Committee to recommend how this unclaimed amount can be used to protect and further financial interests of the senior citizens.


            The Committee will submit its Report by 31st December 2014.
POSTAL EXAM : UPDATE AS ON SEPTEMBER 03, 2014 
Schedule of Paper II (Computer Skill Test) for the following Postal Circles is as follows:
Postal Circles
Exam Date
Exam Time
Jharkhand (20)            
17 to 18 September 2014
09:00AM onwards in Batches of 1.5 hr each. Please check your Admit Card for timings
Punjab (27)             
17 to 18 September 2014
09:00AM onwards in Batches of 1.5 hr each. Please check your Admit Card for timings

Postal Circles
Exam Date
Exam Time
Rajasthan (28)            
16 to 24 September 2014
09:00AM onwards in Batches of 1.5 hr each. Please check your Admit Card for timings

Postal Circles
Exam Date
Exam Time
Gujrat (16)            
13 to 19 September 2014
08:00AM onwards in Batches of 2.0 hr each. Please check your Admit Card for timings

Postal Circles
Exam Date
Exam Time
Chhattisgarh (14)            
9 to 11 September 2014
09:00AM onwards in Batches of 2.0 hr each. Please check your Admit Card for timings

          Candidates for the above mentioned Postal Circles may check their status for Paper I by Logging into the website. Candidates, shortlisted to appear in the Paper II, may download the Admit Cards

          Please keep visiting the website for exam schedules for other Postal Circles & updates.

ACTION TAKEN REPORT ON THE MINUTES OF THE 24TH MEETING OF STANDING COMMITTEE OF VOLUNTARY AGENCIES (SCOVA).(Click the link below for details)

Wednesday, September 3, 2014

INCLUSION OF GDS UNDER the purview of 7 CPC as demanded by NFPE endorsed by NC (JCM) now referred by CABINET SECRETARIAT to Dept. of Posts

Prime Minister's National Relief Fund (PMNRF)- DoPT CIRCULAR

President releases a set of eight Commemorative Postage Stamps on Indian Musicians




The President of India, Shri Pranab Mukherjee released a set of eight Commemorative Postage Stamps on Indian Musicians at a function held at Rashtrapati Bhavan today (September 3, 2014). 

The set of stamps brought out by the Department of Posts feature luminaries in the field of classical Indian music namely Pandit Ravi Shankar, Pandit Bhimsen Joshi, Ms. D.K. Pattammal, Pandit Mallikarjun Mansur, Ms. Gangubai Hangal, Pandit Kumar Gandharva, Ustad Vilayat Khan and Ustad Ali Akbar Khan. 

Speaking on the occasion, the President stated that as we pay tribute to eight of the greatest music maestros of contemporary India, we celebrate their life and work and their matchless legacy. These eight maestros are, without a doubt, among the tallest luminaries in the history of world music. They have not only achieved personal perfection but have made extraordinary contributions, in their respective fields, to the development and evolution of the schools of music in which their talents were nurtured and honed. Their contribution and its enrichment of our cultural heritage cannot be quantified or estimated. It is infinite in its resonance and their names will be mentioned with great reverence. Their music will be cherished by the young and old, for many decades to come. 


Source : PIB 

The Lokpal and Lokayuktas Act, 2013 - Submission of Declaration of Assets and Liabilities by the public servants for each year and placing the same in public domain on the websites of the Ministries/ Departments.

CLICK HERE TO VIEW Dte ORDER

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