Processing of Pension cases mandatorily through Bhavishya, Retiring employees to submit the online application w.e.f 01/01/2017

Processing of Pension cases mandatorily through Bhavishya, Retiring employees to submit the online application w.e.f 01/01/2017: CPAO Instructions

No. 55/14/2014/P&PW(C)Part-1

Government of India

Ministry of Personnel, Public Grievances and Pension

Department of Pension & Pensioners’ Welfare

3rd Floor, Lok Nayak Bhawan,

Khan Market, New Delhi

Dated: 29th November, 2016

OFFICE MEMORANDUM

Sub: Processing of Pension cases mandatorily through Bhavishya (Online Pension Sanction & Payment Tracking System) w.e.f 01/01/2017 - reg.

Department of Pension and Pensioners’ Welfare is responsible for formulation of policy and coordination of matters relating to pension policy and welfare of Central Government pensioners. It has been seen that despite detailed guidelines and instructions to the contrary a large proportion of retiring employees do not get their retirement benefits and the Pension Payment Order(PPO) in time. It is likely that such retired employees find it difficult to get the process completed after retirement. The sanction process starts more than a year before the date of retirement and requires cooperation amongst various agencies. This department has, therefore, launched Bhavishya - an online pension sanction and payment tracking system. The system by keeping track of the progress of each case introduces transparency and accountability. Both the retiring employees as well as administrative authorities can monitor progress at each stage.

2. The system has been running successfully in the main Secretariat of all ministries/departments for the last one year. It has since been extended to cover over 3000 Drawing and Disbursing Officers and Pay and Accounts Offices from various ministries/departments and their attached offices.

3. It has now been decided that all Heads of Offices will henceforth mandatorily process all pension cases only through Bhavishya. In this, where necessary, they will assist the retiring employee to submit the online application form. The Pay and Accounts Offices will process cases generated through Bhavishya through the pension module in COMPACT till the Public Financial Management System(PFMS) is made operational and integrated with Bhavishya.

4. It is to be noted that all authorities will strictly follow the timelines prescribed under the CCS(Pension) Rules and in no case will the pension case be delayed on account of electronic processing through Bhavishya.

5. These instructions take effect from 1st January, 2017.

6. This issues with the approval of competent authority.

(Seema Gupta)

Director

INSTRUCTIONS FOR DOWNLOADING RBI SOVEREIGN GOLD BONDS

Sir / Madam,

RBI Mumbai has given final Certificates of Holding (Bonds) after settlement on 17.11.2016 for successfully accepted applications in eKuber portal for Sovereign Gold Bond Tranche-6.

The Circle wise Final data of Successfully accepted applications in eKuber portal of RBI for Tranche-6 and all previous Tranches is given in 6 Excel files for referring Investor IDs / Names etc. The said data is sent herewith in Google Drive Link as below.

Google Drive Link :

https://drive.google.com/open?id=0B4gPjTeI3DHnbEhoX1RuN0dYTmc

Steps for Downloading/Printing Bonds:

1) Download the Excel files from above Google Drive Link.

2) Find out 'Investor Name' and notedown the 'Investor ID' mentioned against the said Investor from Excel file of a particular tranche.

3) Go to Web URL:http://sgb.mrpost.in ORhttp://120.63.208.120:9010

4) Login with ID: dop Password :india

5) Type the Investor ID and Click on 'Search' button.

6) Bonds in respect of All Tranches for the said Investor will be displayed.

7) Click on download button todownload/Print Bonds.

Note: Investor ID can also be search in Web URL: http://sgb.mrpost.in ORhttp://120.63.208.120:9010 by clicking on "Search Customer" button available on the top besides "Home" button.

The Bonds have been generated only for the applications which are successfully accepted by eKuber portal of RBI as given in Google Drive Link Excel files. Other applications for which Bonds are not generated may be treated as REJECTED.

Due to large file size and download speed constraints, Web URL and Google Drive link is made accessible only onInternet BROADBAND Connection, and available for Download/Print upto 31st December 2016.

It is therefore requested to direct all concerned to download/print the Bonds for All Tranches related to their Offices, within given period and follow the instructions given in Directorate letter No. F. No. 36-36/2015- BD & MD Dated 04.11.2015 for further necessary action please.

With Regards,

Director,

(SGB Cell)

Mumbai GPO-400001.

Instructions regarding the wedding expenses withdrawal in DOP

Instructions regarding the wedding expenses withdrawal in DOP

Instructions to be communicated regarding the wedding expenses withdrawal  are given below for  circulation as directed:

For wedding expenses, the Government has allowed withdrawal limit as Rs.250000-. Patch for the same is being deployed in Finacle.

As per RBI guidelines / DoP rulings, the officials should check all the relevant documents and obtain the declarations from the customer requesting for withdrawal from their POSB account in connection with wedding expenses.

The following conditions are mandatory for withdrawal in respect of wedding expenses:

KYC documents should have been submitted for the account; PAN card should have been updated. These checks are done on the CIF of account holder.

The maximum withdrawal allowed is  Rs.250000 or the closing balance of the account as on 08/11/2016, whichever is lesser and subject to the minimum balance limits applicable on the account. ( Rs.50 for non-cheque accounts and Rs.500 for cheque accounts)

User has to  select / enter the report code as WEDLM against transaction report code field in CTM / HTM menu for such transactions.​​

SBCO is advised to monitor the high value withdrawals at all the POs under their control. Report on such transactions can be generated using HFTR / HFTI menu with the Report Code field filled as WEDLM, on daily basis.

With regards

Giriraj Ponnambalam

Deputy Manager (FSI)

Centre for Excellence in Postal Technology, Chennai 600002

044-28543481, +91 94441 08080

giriraj@indiapost.gov.in​​

Withdrawal of cash per week - RBI Instructions on 25.11.2016

Withdrawal of cash – Weekly limit

RBI/2016-17/158

DCM (Plg) No.1424/10.27.00/2016-16

November 25, 2016

The Chairman / Managing Director/ Chief Executive Officer,

Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural

Banks / Urban Cooperative Banks/ State Cooperative Banks/ District Central Cooperative Banks

Dear Sir,

Withdrawal of cash – Weekly limit

Please refer to our circulars DCM (Plg) Nos. 1272/10.27.00/2016-17 and 1273/10.27.00/2016-17 dated November 13 and November 14, 2016, respectively. 

The banks are, hereby, advised that they may continue to allow their existing customers to withdraw cash from their accounts upto ₹ 24,000/- per week, till further instructions. 

The said limit include withdrawals from ATMs as stipulated in our circular DCM (Plg) No.1304/10.27.00/2016-17 dated November 20, 2016.

2. Please acknowledge receipt.

Yours faithfully,

(Suman Ray)

General Manager

Authority: www.rbi.org.in

No service charge on debit card & smartphone transactions till Dec 31, says government

No service charge on debit card & smartphone transactions till Dec 31, says government

The government has stepped in to ease the demonetisation pain by incentivising e-payments. Today, Economics Affairs Secretary Shaktikanta Das announced a slew of measures to lessen cash purge blow on consumers. Here's what was announced

1) No service charges on use of debit cards till December 31.

2) For RUPAY cards all switching charges and other charges have been waived till December 31.

3) No service charge will be levied on digital financial transactions using smartphones till Dec 31.

4) New vehicles to come with Radio-Frequency Identification devices to ease e-payment of tolls at national highways.

5) Service charge of Railway online ticketing has been waived off till 31st Dec 2016.

6) All government organisations, have been advised to use only digital payment methods to make payment to their employees.

7) Banks told to ensure chain of activities related crop loan sanction & flow of funds etc to be done in smooth manner.

Das also stated that 82,000 ATMs have been re-calibrated so far. Further adding, that it is only a matter of few days by when all the ATMs will be re-calibrated.

Source : The Economic Times

Post Office Savings Accounts are excluded to Deposit of old demonetized notes of Rs. 500 and Rs. 1000 - Finmin Order dtd 23/11/2016

Airtel launches India’s first Payment Bank with massive 7.25% interest on Savings Accounts

Airtel Bank’s services can be accessed by Airtel customers on their mobile phones through the Airtel Money app, through USSD by dialing *400#; or via a simple IVR by dialing 400. (Source: Reuters)

Airtel Payments Bank Limited or Airtel Bank, a subsidiary of Bharti Airtel Limited on Wednesday rolled out a pilot of its banking services in Rajasthan. The pilot is aimed at testing systems and processes ahead of a full scale pan Indian launch. With this, Airtel Bank became the first payments bank in the country to go live. Customers in towns and villages across Rajasthan will now be able to open bank accounts at Airtel retail outlets, which will also act as Airtel banking points and offer a range of basic, convenient banking services. Airtel Bank will commence the pilot with banking points at 10,000 Airtel retail outlets. Airtel Bank plans to expand its merchant network in Rajasthan to 100,000 by the end of the year, giving a big boost to digital payments ecosystem.

Airtel Bank’s services can be accessed by Airtel customers on their mobile phones through the Airtel Money app, through USSD by dialing *400#; or via a simple IVR by dialing 400. Both the USSD & IVR options are available in Hindi and English language and work on simple feature phones as well. Non Airtel customers can access Airtel Bank’s services by dialing 8800688006. Customers can also visit any designated Airtel retail outlet to access services (and not just the outlet where they have opened the account). Airtel Banking points will offer bank account opening services and cash deposit & withdrawal facilities.

1. Digital Banking: Quick and paperless account opening using Aadhaar based e-KYC. This requires no documents at all, only the customer’s Aadhaar number is needed

2. Customer’s Airtel mobile number will be his/her bank account number

3. Interest rate of 7.25 % p.a. on deposits in savings accounts

4. Money transfer to any bank account in India (Free money transfer from Airtel to Airtel numbers within Airtel Bank)

5. Personal Accidental Insurance of Rs 1 Lac with every Savings Account

6. Deposit and withdrawal facility across a network of Airtel retail outlets

Vasundhara Raje, chief minister of Rajasthan, said, “Congratulations to Airtel for making Rajasthan the first state in India to have Airtel Payments Bank. This initiative, perfectly in sync with Hon’ble Prime Minister’s vision for financial inclusion and Digital India, will be a boon to residents in far flung areas who are yet to have access to formal banking. I look forward to Airtel reaching every corner of Rajasthan.”

Shashi Arora, MD & CEO, Airtel Payments Bank, said, “Airtel Payments Bank is fully committed to the Government’s vision of financial inclusion and banking for all. Airtel Payments Bank will play an important role in taking banking services to the last mile in a quick and efficient manner and benefit millions of unbanked citizens of this country. With this pilot, we have taken a big step towards the launch of our banking services and will be testing our operational readiness for full-scale launch across India. We would also like to use feedback from our customers to further improve our processes and look forward to serving them.”

On April 11, 2016, Airtel Bank became the first entity in India to receive a payments bank license from the Reserve Bank of India (RBI).

Source : http://www.financialexpress.com/

Guidelines on treatment of effect of penalties on promotion — Role of Departmental Promotion Committee

Source : http://document.ccis.nic.in/WriteReadData/CircularPortal/D2/D02est/22011_4_2007-Estt.D-21112016.pdf

Relaxation from payment of Service Charge in internet booking of Railway tickets through IRCTC

Press Information Bureau

Government of India

Ministry of Railways

23-November-2016 17:30 IST

Relaxation from payment of Service Charge in internet booking of Railway tickets through IRCTC

Ministry of Railways has decided that in order to help passengers and incentivise the payment through credit/debit/cash cards instead of cash payment for booking of reserved tickets, Service Charge shall not be collected on booking of e-tickets/ i-tickets from 23rd November to 31st December, 2016. Service Charge is Rs. 20 on sleeper/ 2nd Class and Rs. 40 on AC classes for booking through IRCTC.

Hon'ble CAT Ernakulam Bench directed Department to hold examination separately for each vacancy year

PM invites views from the people, on decision taken regarding currency notes of Rs. 500 and Rs. 1000

Press Information Bureau 

Government of India

Prime Minister's Office

22-November-2016 13:33 IST 

PM invites views from the people, on decision taken regarding currency notes of Rs. 500 and Rs. 1000

The Prime Minister, Shri Narendra Modi, has invited views from the people, on the recent decision taken by the Union Government regarding currency notes of Rs. 500 and Rs. 1000. 

People can submit their views through a survey consisting of 10 questions, which is available through the Narendra Modi App. Sharing the link to this survey, the Prime Minister tweeted today that he wants a first-hand view from the people, regarding this decision. 

The ten questions in the Survey are as follows: 

1. Do you think that black money exists in India? a. Yes b. No 

2. Do you think the evil of corruption and black money needs to be fought and eliminated? a. Yes b. No 

3. Overall, what do you think about the Government's moves to tackle black money? 

4. What do you think of the Modi Government's efforts against corruption so far? Scale of 1 to 5 - outstanding, very good, good, ok, useless 

5. What do you think of the Modi Government's move of banning old Rs 500 & Rs 1000 notes? a. Great move in the right direction b. Good move c. Will make no difference 

6. Do you think demonetisation will help in curbing black money, corruption & terrorism? a. It will have an immediate impact b. There will be impact in medium to long term c. Minimal impact d. Don't know 

7. Demonetisation will bring real estate, higher education, healthcare in the common man's reach a. Completely Agree b. Partially Agree c. Can’t say 

8. Did you mind the inconvenience faced in our fight to curb corruption, black money, terrorism and counterfeiting of currency? a. Not at all b. Somewhat, but it was worth it c. Yes 

9. Do you believe some anti-corruption activists are now actually fighting in support of black money, corruption & terrorism? a. Yes b. No 

10. Do you have any suggestions, ideas or insights you would like to share with PM Narendra Modi? 

This survey is in sync with the Prime Minister's vision of participative governance and directly seeking the views of the people of India on key policy and execution matters. 

The Prime Minister has sought answers on very pointed and direct aspects of the decision of 500 and 1000 rupee notes ceasing to be legal tender. He has also sought feedback from the people on how to make the implementation stronger. 

The Prime Minister's core beliefs of direct engagement with people are yet again on full display in the survey.

Declaration of undisclosed Black Money

Press Information Bureau 

Government of India

Ministry of Finance

22-November-2016 17:53 IST 

Declaration of undisclosed Black Money

A total number of 64,275* declarants have made declaration of undisclosed income of Rs.65,250* crore under the Income Declaration Scheme, 2016. (*Provisional). Under the Income Declaration Scheme, 2016 the amount of tax, surcharge and penalty is payable in three instalments. The notified date for payment of first instalment is 30th November, 2016. Hence, the quantum of tax collected as part of the Scheme cannot be quantified at this stage.

Government has taken several measures, by way of policy initiatives and enforcement action, to curb black money. Such measures include –

(i) Constitution of the Special Investigation Team (SIT) on Black Money under Chairmanship and Vice-Chairmanship of two former Judges of Hon’ble Supreme Court.

(ii) Enactment of ‘The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015’ to specifically deal with the issue of black money stashed away abroad. The Act inter alia provides stringent provisions for concealment penalties (equal to three times the amount of tax payable) and contains stringent provision for prosecution.

(iii) Constitution of Multi-Agency Group (MAG) consisting of officers of Central Board of Direct Taxes (CBDT), Reserve Bank of India (RBI), Enforcement Directorate (ED) and Financial Intelligence Unit (FIU) for investigation of recent revelations in Panama paper leaks.

(iv) Proactively engaging with foreign governments with a view to facilitate and enhance the exchange of information under Double Taxation Avoidance Agreements (DTAAs)/Tax Information Exchange Agreements (TIEAs)/ Multilateral Conventions.

(v) Joining the Multilateral Competent Authority Agreement in respect of Automatic Exchange of Information (AEOI) and having information sharing arrangement with USA under its Foreign Account Tax Compliance Act (FATCA).

(vi) Renegotiation of DTAAs with other countries to bring the Article on Exchange of Information to International Standards and expanding India’s treaty network by signing new DTAAs and TIEAs with many jurisdictions to facilitate the exchange of information and to bring transparency.

(vii) Enabling attachment and confiscation of property equivalent in value held within the country where the property/proceeds of crime is taken or held outside the country by amending the Prevention of Money Laundering Act, 2002 through the Finance Act, 2015.

(viii) Enactment of the Benami Transactions (Prohibition) Amendment Act, 2016 to amend the Benami Transactions (Prohibition) Act, 1988 with a view to, inter alia, enable confiscation of Benami property and provide for prosecution. The provisions of the amended Prohibition of Benami Property Transaction Act, 1988 have come into effect from 01.11.2016.

(ix) Initiation of the information technology based ‘Project Insight’ by the Income Tax Department for strengthening the non-intrusive information driven approach for improving tax compliance and effective utilization of available information.

(x) Withdrawal of Rs.500 and Rs.1000 denominations of Bank Notes of the existing series issued by Reserve Bank of India vide Notification No.2652 [S.O.3407(E)] dated 08.11.2016.

(xi) Amendment of Rule 114B of the Income-tax Rules to mandate quoting of PAN, for transactions of sale or purchase of goods or services of any nature above Rs.2 Lakh.

This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Rajya Sabha today.

7th Pay Commission: Weekly work report to decide annual increment

7th Pay Commission: Weekly work report to decide annual increment of Central government employees

New Delhi: The Department of Personnel and Training is going to soon bring out guidelines which will help in tracking performance of Central government employees in more transparent manner.

As per reports, Central government employees will need to give a weekly work report every Friday showing the task accomplished as well as the pending work.

The Seventh Pay Commission has recommended that Central government employees should be offered annual increments only if they meet certain performance criterion. The Pay Commission has also sought upgradation of performance benchmark to “very good” from “good” level and recommended introduction of the Performance Related Pay (PRP) for all categories of central government employees.

On the basis of the weekly report, the performance of central government employees will be assessed whether they meet the performance criteria or not, and graded for annual appraisal. The employees who will fail to meet the performance criteria on the basis or the weekly work report, are likely to be denied annual increment.

The 7th Pay Commission believes grant of Modified Assured Career Progression (MACP), although subject to the employee attaining the laid down threshold of performance, is taken for granted.”

It had siad in the report that "employees who do not meet the laid down performance criterion should not be allowed to earn future annual increments. The Commission is therefore proposing withholding of annual increments in the case of those employees who are not able to meet the benchmark either for MACP or a regular promotion within the first 20 years of their service. This will act as a deterrent for complacent and inefficient employees. However, since this is not a penalty, the norms for penal action in disciplinary cases involving withholding increments will not be applicable in such cases. This will be treated as an efficiency bar,” 

Source: Zee News

Revision in Cash Withdrawal Limit - Current Account holder can withdraw upto ₹ 50000 in Cash

Withdrawal of Legal Tender Character of Specified Bank Notes – Cash Withdrawal Limit

RBI/2016-17/142 DCM (Plg) No.1317/10.27.00/2016-17 November 21, 2016 The Chairman / Managing Director/Chief Executive Officer Public Sector Banks / Private Sector Banks/ Foreign Banks Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks/ District Central Cooperative Banks Dear Sir, Withdrawal of Legal Tender Character of Specified Bank Notes – Cash Withdrawal Limit Please refer to Para (i) – Additional Facilities of our Circular No. DCM (Plg) No.1274/10.27.00/2016-17 dated November 14, 2016 in terms of which current account holders (applicable to Current Accounts which are operational for last three months or more) were allowed to withdraw up to ₹ 50000 in cash, in a week. On a review, it has been decided to extend this facility to Overdraft and Cash Credit accounts also. Accordingly, holders of current / overdraft / cash credit accounts, which are operational for the last three months or more, may now withdraw upto ₹ 50000 in cash, in a week. This enhanced limit for weekly withdrawal is not applicable for personal overdraft accounts. 2. Such withdrawals may be disbursed predominantly in ₹ 2000 denomination bank notes. Yours faithfully, (Suman Ray) General Manager

Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Cash withdrawal for purpose of celebration of wedding

RBI/2016-17/145
DCM (Plg) No.1320/10.27.00/2016-17

November 21, 2016

The Chairman / Managing Director/Chief Executive Officer,
Public Sector Banks / Private Sector Banks/ Private Sector Banks/ Foreign Banks
Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks

Dear Sir,

Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Cash withdrawal for purpose of celebration of wedding

Please refer to our Circular No. DCM (Plg) No.1226/10.27.00/2016-17 dated November 08, 2016 on the captioned subject.

2. With a view to enable members of the public to perform and celebrate weddings of their wards it has been decided to allow higher limits of cash withdrawals from their bank deposit accounts to meet wedding related expenses. Yet, banks should encourage families to incur wedding expenses through non-cash means viz. cheques /drafts, credit/debit cards, prepaid cards, mobile transfers, internet banking channels, NEFT/RTGS, etc. Therefore, members of the public should be advised, while granting cash withdrawals, to use cash to meet expenses which have to be met only through cash mode. Cash withdrawals shall be subject to the following conditions:

i. A maximum of ₹ 250000/- is allowed to be withdrawn from the bank deposit accounts till December 30, 2016 out of the balances at credit in the account as at close of business on November 08, 2016.

ii. Withdrawals are permitted only from accounts which are fully KYC compliant.

iii. The amounts can be withdrawn only if the date of marriage is on or before December 30, 2016.

iv. Withdrawals can be made by either of the parents or the person getting married. (Only one of them will be permitted to withdraw).

v. Since the amount proposed to be withdrawn is meant to be used for cash disbursements, it has to be established that the persons for whom the payment is proposed to be made do not have a bank account.

vi. The application for withdrawal shall be accompanied by following documents:

1. An application as per Annex
2. Evidence of the wedding, including the invitation card, copies of receipts for advance payments already made, such as Marriage hall booking, advance payments to caterers, etc.
3. A detailed list of persons to whom the cash withdrawn is proposed to be paid, together with a declaration from such persons that they do not have a bank account. The list should indicate the purpose for which the proposed payments are being made

3. Banks shall keep a proper record of the evidence and produce them for verification by the authorities in case of need. The scheme will be reviewed based on authenticity/ bona fide use thereof.

Yours faithfully,

(P Vijaya Kumar)
Chief General Manager
Encl: As above

AIAPC Punjab Circle writes to Circle Office Chandigarh for grant of leaves to its delegates

आल  इंडिया  एसोसिएशन  ऑफ़  पोस्ट्मास्टर  कैडर, पंजाब सर्कल

All India Association of Postmaster Cadre, Punjab Circle

कैंप: शाहपुर कान्दि टाउनशिप,  Camp at: Shahpur Kandi Township

गुरदासपुर, पंजाब- १४५०२९, Gurdaspur, Punjab-145029

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Mob: +91 9463453176, Ph: 01870263270, Website: aiapcpunjab.blogspot.in, email: aiapcpunjab@gmail.com.

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To

                                                                        The Chief Postmaster General,

                                                                        Punjab Circle,

By Regd.Post                                                   Chandigarh-160017.

No. AIAPC/Punjab/Corr/05/2016-2017                Dated at Shahpur Kandi T/S the 22.11.2016

Sub: -   Regarding grant of leaves to AIAPC Punjab Delegates

Respected Sir,

            With humble respect, it to inform that 3^rd All India Conference of All India Association of Postmaster Cadre is fixed to be held on 7^th & 8^th December-2016 at State Youth Centre, Maulali, Sealdah, Kolkata-700014 (West Bengal). There are six following delegates are elected to attend the said conference from Punjab Circle who will represent from Punjab Circle:-

1.         Shri Narinder Pal Postmaster Grade-I, Shahpur Kandi Township (Gurdaspur Division)

2.         Shri Dalip Kumar Postmaster Grade-I, Jalalabad West (Ferozepur Division

3.         Shri Chaman Lal Postmaster Grade-III, Ludhiana CPO (Ludhiana City Division)

4.         Shri Rajpal Singh Postmaster Grade-I, Raman (Bathinda Division)

5.         Shri Raj Kumar Postmaster Grade-I, Jaito (Faridkot Division)

            All above said delegates have applied for earned leaves w.e.f. 05.12.2016 to 10.12.2016 to their concerned divisional heads.  You are requested to insist the concerned divisional heads to grant the leaves with sufficient staff to said offices.

            Hoping for positive response & favourable action!

 Yours faithfully,

Sd/-

(NARINDER PAL)

CONVENER

AIAPC PUNJAB CIRCLE

Revision in Limits - Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes

Withdrawal Limit for ATM

Recalibrated ATM : ₹2500/day; Others : ₹2000/day

Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Revision in limits

Please refer to Para 1 (ii) of our circular DCM (Plg) No. 1272/10.27.00/2016-17 dated November 13, 2016 in terms of which the daily limit of withdrawal from recalibrated ATMs was increased from ₹ 2000/- to ₹ 2500/- per day while retaining the same at Rs 2000 in case of other ATMs which banks until they are re-calibrated.

2. Recalibration of ATMs is being closely monitored and substantial progress has been made. On a review it has been decided to retain the limits unchanged till further instructions. Banks may continue to dispense ₹ 50 and ₹ 100 bank notes through the non –recalibrated ATMs until they are re-calibrated.

Postal officials visit hospitals in Delhi, help patients exchange notes

With miseries mounting for patients and their attendants following demonetisation, postal department officials have started visiting hospitals across the city to help them exchange old high-value currency notes for new ones. So far, nearly Rs 25 lakhs have been exchanged by them at the hospitals.

“The postal teams are visiting hospital wards offering lower denomination currency notes to patients and their family members as per their needs. Many of them are not able to procure cash from the overcrowded banks and ATMs in the city,” Chief Postmaster General (Delhi circle), L N Sharma said. He said several teams have been formed to visit the hospitals.

The hospitals where the teams are going include Ram Manohar Lohiya (RML), Lady Hardinge, Safdarjung, Guru Teg Bahadur (GTB), Army Research and Referral Hospital, Deen Dayal Upadhyay and Charak Palika hospitals etc.

According to Abhishek Singh, Director, Postal Services (Operations and Headquarters, Delhi circle) the postal staff have exchanged close to Rs 25 lakhs from hospitals till now. The initiative is likely to continue till December 30.

“From Friday onwards, we have also started visiting old age homes and exchange the banned currency notes with the elderly people who are not often in a position to visit banks and post offices,” Singh said.

“Post office has always been a people’s organisation. It caters to the needs of the common man and this was one opportunity where we felt we need to reach out to those who are really in need of money at this time,” he said. The service by the Department of Post has brought cheer among patients and their relatives.

“My husband is admitted to Safdarjung hospital and I was in dire need of cash. I went to a nearby bank twice but there was a long queue and could not exchange or withdraw money. But then these officials from the post office came and exchanged my money. It was of great help,” said 32-year-old Kanika Das.

The government hospitals have been authorised to accept the old currency notes from patients, but the facilities were said to have run out of small change to offer to the patients.

“Also we are finding it difficult to buy food and other essentials from shops and hospital canteens as they are not accepting the old notes. Now because of the postal team we do not have to go and stand in queues,” said Manpreet Khanna.

Source : http://indianexpress.com

Filing of CAT case at Ernakulam and Chennai against PSS Group B exam to be held on 04.12.2016

Two C.A.T. cases are filed against the proposed PSS Group B Exam to be held on 04.12.2016 at CAT, Ernakulam Bench (Cause list shown at left)and CAT, Chennai Bench. Next hearing on 23.11.2016 at Ernakulam bench and the case filed at Madras Bench is said to be come up for admission on 21/11/2016.