Friday, October 31, 2014
EXPENDITURE MANAGEMENT - ECONOMY MEASURES AND RATIONALISATION OF EXPENDITURE. CLICK HERE to view the MOF OM
Member (Operations) has launched a special service to the customers of twin cities of Hyderabad and Secunderabad on 29th October-2014. Customers serving from 7 post offices namely, Hyderabad GPO, Humayunnagar, Himayathnagar, Saroornagar, Malakpet, Malkajgiri, and Himmatnagar post offices will be provided same day delivery of parcel service to the customers .
THE RISING FORCE OF POSTAL BANKING IN THE RETAIL BANKING MARKET
The Minister for Communications & IT and Law and Justice Shri Ravi Shankar Prasad has said that a group constituted by the Prime Minister consisting of the Secretary of the Postal department is looking into making of a financial institution for Postal savings. He was inaugurating the Postal Savings Banks Forum being organised by World Savings and Retail Banking Institute (WSBI), the National Savings Organisation of the Finance Ministry and the Department of Posts in New Delhi today. He said the present government wants to promote financial inclusion and the Jhan Dhan Yojana is a big effort in this direction. Another programme of the government of ‘Digital India’, which is steered by his ministry, also aims at digital inclusion and digital empowerment of rural poor.
Shri Prasad informed delegates from various countries that Post Office Savings Bank is one of the oldest and largest savings institution in the country and it also has the largest outreach in rural India, and more so, in backward and remote areas. The minister expressed happiness that the major asset of the postal institution, that is its connectivity on the ground is sought to be used for promoting e commerce in the country.
Secretary, Department of Posts Shrimati Kavary Banerjee, in her key note address informed that the Department’s network of thousand post offices significantly out-numbers the combined number of branches of all commercial banks taken together. The post office savings schemes hold a total of 312 million accounts, which is more than the number of accounts held by any commercial bank. More importantly, the social sector disbursements done through the post offices have succeeded in bringing a total of about 80 million previously unbanked individuals into the fold of formal financial institutions in the last five years. All these have led to a change in the perception about the Post Office among the public as also within the organization. Consequently India Post is now perceived as a potential key facilitator of financial inclusion in the country, having a role in promoting the country’s socio-economic development, she added.
The theme of this year’s Postal Savings Banks Forum will be "The rising force of postal banking in the retail banking market".
Thursday, October 30, 2014
THURSDAY, OCTOBER 30, 2014
NATIONAL FEDERATION OF POSTAL EMPLOYEES
1st Floor North Avenue Post Office Building, New Delhi-110 001
PF-o1(C)/NFPE Dated: 30thOctober, 2014
NOTICE
It is hereby notified that the Federal Secretariat Meeting of NFPE will be held at NFPE Office, 1st Floor North Avenue Post Office Building, New Delhi-110 001 on 10th November, 2014 at 3PM.
All General Secretaries of NFPE & NFPE Office Bearers available at HQ are requested to attend the meeting in time:
The following will be the agenda:
AGENDA
1. Postal JCA Charter of demands – Agitational programme- Review and further course of action.
2. Dec-4th -2014- PJCA –Parliament March –Review,
3. Any other item with the permission of Chair,
(R.N. Parashar)
Secretary General
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