Friday, September 30, 2011

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of August, 2011 increased by 1 point and stood at 194 (one hundred & ninety four) .

During August, 2011, the index recorded maximum increase of 9 points in Amritsar centre, 8 points each in Bhilwara and Chindwara centres, 6 points in Kolkata centre, 5 points in Jharia centre, 4 points in 6 centres, 3 points in 7 centres, 2 points in 16 centres and 1 point in 16 centres. The index decreased by 3 points each in Giridih, Quilon and Kodarma centres, 2 points in Rajkot centre, 1 point in 9 centres while in the remaining 15 centres the index remained stationary.


The maximum increase of 9 points in Amritsar centre is mainly on account of increase in the prices of Rice, Wheat Atta, Fresh Milk, Onion, Vegetable & Fruit items, Tea (Readymade), Kerosene Oil, Electricity Charges, Medicine (Allopathic), etc. The increase of 8 points each in Bhilwara and Chindwara centres is due to increase in the prices of Wheat, Gram Dal, Groundnut Oil, Soyabeen Oil, Milk, Onion, Vegetable & Fruit items, Tea (Readymade), Bidi, Firewood, Toilet Soap, etc. The increase of 6 points in Kolkata centre is due to increase in the prices of Rice, Wheat Atta, Fish Fresh, Onion, Vegetable & Fruit items, Soft Coke, etc. The increase of 5 points in Jharia centre is due to increase in the prices of Rice, Mustard Oil, Fish Fresh, Onion, Vegetable & Fruit items, Electricity Charges, Soft Coke etc. The decrease of 3 points each in Giridih, Quilon and Kodarma centres is the outcome of decrease in the prices of Rice,Wheat Atta, Masur Dal, Turmeric Powder, Fish Fresh, Fire Wood, Soft Coke, etc. The decrease of 2 points in Rajkot centre is due to decrease in the prices of Arhar Dal, Vegetable and Fruit items, etc.

The indices in respect of the six major centres are as follows :

Ahmedabad      191
Delhi                 178
Bangalore         194
Kolkata            192
Chennai            172
Mumbai            195

The All-India (General) point to point rate of inflation for the month of August, 2011 is 8.99% as compared to 8.43% in July, 2011. Inflation based on Food Index is 7.33% in August, 2011 as compared to 6.25% in July, 2011.

The CPI-IW for September, 2011 will be released on the last working day of the next month, i.e. 31st October, 2011.

Wednesday, September 21, 2011

Revision of Special Allowance and Cash Handling Allowance as a result of enhancement of DA w.e.f. 1.1.2011


Thursday, September 15, 2011

Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to pensioners


The Union Cabinet today approved release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to pensioners as due from 01.07.2011 at the rate of  7% over the existing rate of 51 %

The total financial implications on account of both Dearness Allowance and Dearness Relief would be Rs.7228.76 crore per annum and Rs.4819.22 crore in the current financial year.

Tuesday, September 13, 2011

Admissibility of commission to SAS Agents & Procedure to be followed during voucher checking by SBCO staff-a clarification regarding.


SB ORDER NO. 17/2011



No.116-01/2007-SB
Government of India
Ministry of Communications & IT
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001, Dated: 09.09.2011


To


All Heads of Circles/Regions
Addl. Director General, APS, New Delhi.


Subject:- Admissibility of commission to SAS Agents.


Sir / Madam,


        The undersigned is directed to say that there are lot of audit paras raised by teams of DG P&T Audit in many circles regarding irregular commission paid to SAS agents where the investment was made exceeding the limit of Rs.50,000/- by cash at a time. One Draft Audit Para relating to Delhi and NE Circles has become CAG Para.

       As per agency rules, prior to issue of SB Order No.3/2011 dated 11.3.2011, limit for acceptance of cash at a time from SAS agents was Rs.50,000/- which has now been reduced to Rs.10,000/-. In 2004, Regional Director, National Savings Institute, New Delhi vide letter no.Misc/2004 dated 3.11.2001 had intimated the Delhi Circle that agents are not entitled for commission cash deposits of more than Rs. 50,000/- at a time. CAG Para was also referred to Min. of Finance (DEA) which opined that commission if paid in such cases is irregular and recovery of commission paid cannot be waived.

       It is therefore requested that where any SAS agent deposited cash more than Rs.50,000/- at a time in any post office and commission was paid to him, the commission paid has to be recovered from the concerned agent if his agency is active and action should be taken against the officials responsible for accepting cash deposits exceeding the prescribed limit. Where the agent is inactive but his agency is not lapsed, his appointing authority may be asked to recover the amount from his security deposit. In case the agency of agent is expired and not further renewed or agent has already expired, such cases may be referred to this office.

      In future, it may be ensured that no cash more than the prescribed limit of Rs.10,000/- at a time should be accepted from the SAS agents as no commission is payable on such irregular deposits.

      It is requested that necessary action may be taken immediately to circulate this letter to field units and any violation of these orders by postal staff should be viewed seriously.

      This issues with the approval of DDG(FS).


Yours faithfully,

(Kawal Jit Singh)
Assistant Director (SB)


Copy to:-


1. DDG(FS)/DDG(VIG)/JS&FA/DDG(PAF/DDG(RB)/DDG (Estt.)
2. Director (Tech) O/o Pr. CPMG T..N Circle.
3. Director (FS)/Director (CBS), Dak Bhawan.
4. Director of Audit (P&T), Delhi.
5. All Directors/Dy. Directors of Accounts, Postal
6. Director, Postal Staff College, Ghaziabad.
7. All Directors, Postal Training Centres.
8. Director PTC Mysore for uploading the SB order on India Post Web Site.
9. A.D (Tech), SDC Chennai O/o CPMG T.N.Circle, Chennai.
10. AD /Inspection/PF/Vigilance
11. All Accounts Officers ICO(SB)
12. All recognized unions.
13. MOF(DEA), NS-II, North Block, New Delhi
14. Director, NSI, CGO Complex,’A’Wing, 4th Floor, Seminary Hills, Nagpur-440006
15. PS to Member (T)
16. PPS to Secretary Posts.




SB ORDER NO. 18/2011


No.116-01/2011-SB(AO)
Government of India
Ministry of Communications & IT
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001, Dated: 13.09.2011

To


All Heads of Circles/Regions
Addl. Director General, APS, New Delhi.

Subject:- Procedure to be followed during voucher checking by SBCO staff-a clarification regarding.


Sir / Madam,


The undersigned is directed to say that procedure of checking of vouchers of deposits/new accounts opened/withdrawals/closures of accounts etc. under various schemes have been laid down in the Postal Manual of Savings Bank Control, Pairing and Internal Check Organization. The work of SBCO is to ensure that all relevant rules/procedure and orders issued from time to time are followed by the operative staff in the post offices.

It has been brought to the notice of this office that some of the officials working in the SBCO are of the view that Rule and Procedures laid down in various POSB Manuals are not meant for SBCO. It is clarified that though it is duty of the operative staff in post offices to follow the laid down rules and procedures in various POSB Manuals and SB Orders issued from time to time, SBCO staff is also equally responsible to ensure that operative staff is following the rules/procedure and orders issued from time to time scrupulously and in case of any violation found during voucher checking, an objection has to be raised as per laid down procedure in the Manual of SB Control, Pairing and Internal Check Organization.

It is requested that necessary action may be taken immediately to circulate this clarification to the field units particularly SBCO staff.

This issues with the approval of DDG(FS).


Yours faithfully,

(Kawal Jit Singh)
Assistant Director (SB)

Copy to:-


1. DDG(FS)/DDG(VIG)/JS&FA/DDG(PAF/DDG(RB)/DDG (Estt.)
2. Director (Tech) O/o Pr. CPMG T..N Circle.
3. Director (FS)/Director (CBS), Dak Bhawan.
4. Director of Audit (P&T), Delhi.
5. All Directors/Dy. Directors of Accounts, Postal
6. Director, Postal Staff College, Ghaziabad.
7. All Directors, Postal Training Centres.
8. Director PTC Mysore for uploading the SB order on India Post Web Site.
9. A.D (Tech), SDC Chennai O/o CPMG T.N.Circle, Chennai.
10. AD /Inspection/PF/Vigilance
11. All Accounts Officers ICO(SB)
12. All recognized unions.
13. MOF(DEA), NS-II, North Block, New Delhi
14. Director, NSI, CGO Complex,’A’Wing, 4th Floor, Seminary Hills, Nagpur-440006
15. PS to Member (T)
16. PPS to Secretary Posts.