സ്ത്രീകള്‍ എങ്ങിനെ വസ്ത്രം ധരിക്കണം എന്ന് പുരുഷന്‍ നിഷ്ക്കര്‍ഷിക്കുന്നത് ശരിയോ? അല്ലെങ്കില്‍ തിരിച്ചും?

Monday, December 15, 2014

RTP SERVICE COUNTING – SRM AMBALA CANCELLED THE ORDER

RTP SERVICE COUNTING – SRM AMBALA CANCELLED THE ORDER. NO COUNTING OF RTP SERVICE AS REGULAR SERVICE

CLICK HERE FOR DETAILS

Union Ministers and their Constituencies as on 14/12/2014 - PDF Download


Friends.. In the recent Bank Exams it is seen that one question related to Union Ministers and their Constituencies is being asked. Hence in this post we are bringing you the list of important Union Cabinet Ministers, their Portfolios and their constituencies. You can download this post as PDF from the print friendly button below. Hope this help you.
1) Narendra Modi- Prime Minister - (Constituency: Varanasi, Uttar Pradesh)
2) Shri Rajnath Singh -Minister of Home Affairs -(Constituency : Lucknow, Uttar Pradesh)
3) Smt. Sushma Swarajy - Minister of External Affairs, Overseas Indian Affairs - (Constituency: Vidisha , Madhya Pradesh)
4) Shri Arun Jaitley - Minister of Corporate Affairs, Finance -(Gujarat Rajya Sabha)
5) Shri M. Venkaiah Naidu- Minister of Urban Development, Housing and Urban Poverty Alleviation, Parliamentary Affairs - (Karnataka Rajya Sabha)
6) Shri Nitin Gadkari - Minister for Road Transport and Highways, Shipping - (Constituency: Nagpur, Maharashtra)
7) Shri D V Sadananda Gowda - Law & Justice - (Constituency: Bangalore North, Karnataka)
8) Sushri Uma Bharati - Minister for Water Resources, River Development and Ganga Rejuvenation - (Constituency: Jhansi, Uttar Pradesh)
9) Dr. Najma A. Heptulla - Minister of Minority Affairs - (Madhya Pradesh- Rajya Sabha)
10) Shri Ram Vilas Paswan - Minister of Consumer Affairs, Food and Public Distribution - (Constituency: Hajipuri, Bihar)
11) Shri Kalraj Mishra - Minister of Micro, Small and Medium Enterprises- (Constituency: Deoria, Uttar Pradesh)
12) Smt. Maneka Gandhi - Minister of Women and Child Development - (Constituency: Pilibhit , Uttar Pradesh)
13) Shri Ananth Kumar - Minister of Chemicals and Fertilizers- (Constituency : Bangalore South, Karnataka)
14) Shri Ravi Shankar Prasad - Minister of Communications & Information Technology- (Constituency: Bihar - Rajya Sabha)
15) Shri Ashok Gajapathi Raju Pusapati - Minister of Civil Aviation - (Constituency: Vizianagaram , Andhra Pradesh)
16) Smt. Harsimrat Kaur Badal - Minister of Food Processing Industries - (Constituency: Bathinda , Punjab)
17) Shri Anant Gangaram Geete - Minister of Heavy Industries and Public Enterprises - (Constituency: Raigad , Maharashtra)
18) Shri Jual Oram - Minister of Tribal Affairs- (Constituency: Sundargarh, Odisha)
19) Shri Radha Mohan Singh - Minister of Agriculture - (Constituency: Purvi Champaran , Bihar)
20) Shri Thaawar Chand Gehlot - Minister of Social Justice and Empowerment - (Madhya Pradesh, Rajya Sabha)
21) Smt. Smriti Zubin Irani - Minister of Human Resource Development - (Gujarat, Rajya Sabha)
22) Shri. Manohar Parrikar - Minister of Defence - (Uttar Pradesh, Rajya Sabha)
23) Shri Suresh Prabhu - Minister of Railways - (Haryana, Rajya Sabha)
24) Shri Jagat Prakash Nadda - Minister of Health & Family Welfare - (Himachal Pradesh, Rajya Sabha)
25) Shri Narendra Singh Tomar - Minister of Mines, Steel - (Constituency: Gwalior, Madhya Pradesh)

A post office in Kerala which 'delivers' mails to God


Sabarimala (Kerala): It is a unique post office, and one of its main tasks is to deliver letters to God. Located near the famed Hindu temple at the Sabarimala hills, the post office may perhaps be the only one in the country which does not work round the year. It comes alive when the peak pilgrimage season of the Ayyappa shrine begins on the first day of the Malayalam month in November, and the period ends towards the middle of January.

The post office is also open for 10 days during the Vishu season. Functioning six days a week from 8 in the morning to 8 at night, the six employees, led by 23-year-old Sai G Prakash, have a lot to do. Prakash is happy to be here, and says he was a devotee of Lord Ayyappa.

"Our post office mostly gets invitation cards for weddings and shop openings addressed to Lord Ayyappa, obviously to seek divine blessings," Prakash said.

The post office is also open for 10 days during the Vishu season. Functioning six days a week from 8 in the morning to 8 at night, the six employees, led by 23-year-old Sai G Prakash, have a lot to do.
Most such mails come from Tamil Nadu, Karnataka and Andhra Pradesh, he said. But the three letter boxes kept in the temple complex get more than post cards and envelopes. Every morning, the staff find scores of identity cards and wallets too in them.

"We make it a point to mail these cards to the individuals concerned," Prakash said. The employees often spend their own money to do this. "Since this season began, I have posted close to 20 PAN cards to the income tax office."

Police say all this is the work of pickpockets who operate in the temple town -- crowded during the pilgrimage season. The criminals pocket the money from the wallets and dump the cards -- and wallets -- in the post boxes.

Situated in the mountain ranges of the Western Ghats at 914 metres above sea level, the Sabarimala temple is four kilometres uphill from Pamba in Pathanamthitta district, around 100 km from Thiruvananthapuram.

The temple is accessible only on foot from Pamba. During the last pilgrimage season, more than 4.5 million devotees visited the shrine. This season the authorities expect a 10 percent increase.

A feature of the post office is the special pictorial cancellation stamp of the 18 steps that led to the Lord Ayyappa shrine. "Some devotees come and buy covers or cards and write their own address and post them here," said Prakash. "This is their souvenir."

The post office helps pilgrims to post 'appom' and 'aravana' (the temple prasad). It also sells mobile recharge coupons.

Of the six employees, three walk down the hill daily carrying the outgoing mail on their heads. When they walk up, they carry bags of mail -- mostly addressed to Lord Ayyappa. "Overall we enjoy what we do here," said Prakash. "We are very happy we got this posting.

RD Issues in Finacle - FAQ


  RD Issues


(i)  RD Premature Closure when requested within 3 years

Counter PA should be careful while closing RD account. System will THROW EXCEPTION if the RD account is closed within the lock in period and if exception is accepted, it will allow premature closure. Therefore, Counter PA should not accept the EXCEPTION and should not proceed further. If EXCEPTION is accepted, Counter PA will be responsible for closure.

(ii) Death Closure of RD products

During closure of RD once the customer dies, the user will have to update Date of death in CIF after marking as "Deceased" and then invoke the menu CRDCAAC and select death closure as ‘Yes’ and then select whether PSS closure is applicable or not. Date of death will automatically be taken from CIF.

(iii)  Is it possible to waive the default fee for defaulted RD accounts in Finacle?

Solution: No. Finacle will automatically calculate the default fee. It is not possible to waive the default fee.

(iv) Can RD accounts be extended?

Solution: Extension is automatic in Finacle on the day of maturity. On the day of maturity, during EOD, eligible RD accounts where 60 months intallments are deposited will be extended for a further period  of 60 months. If any account is missed, it can also be extended manually using PRDCM menu

 

(v) Can the maturity date deferred

Solution: Customer has the liberty to have maximum of 4 defaults on the day of maturity. Maturity date can be deferred equivalent to the number of defaults using the menu PMDDRD(Maturity Date Deferment for Recurring Deposit). During the deferred period, defaults deposits can be paid without default fee.

(vi) In case if there are cases of default and rebate in account, cheque should be prepared for what amount.

Solution: In case if the monthly deposit is Rs.1000/- and there is a default of Rs.10/- (one month default) and the customer is to pay for 7 monthly deposits to get rebate of Rs.100/-. Total cheque amount should be
Total 7 months deposit – 7 x 1000 – Rs.7000
Default                                                - Rs.10
Rebate                                                - Rs.100
 Total cheque amount                     - 7000+10-100=6910
(vii)  Is it mandatory to open RD Loan account separately for taking half  withdrawal
For Half Withdrawal, RD Loan accounts needs to be opened in Finacle. Corresponding RD account will be collateral for this RD Loan account. RD Loan account number will be the same RD account number but suffixed by “1”.  If RD Loan Principal is outstanding during migration, RD Loan account will be created automatically.
(viii)  Whether RD Loan account number will be created during migration if RD PRINCIPAL IF FULLY PAID and Interest is pending or partially paid
No. RD Loan account will not be created if the RD Loan Principal is fully paid. For RD Loan interest, LIEN will be marked for the corresponding RD account. Before closure, LIEN amount should be collected and LIEN to be removed by invoking the menu HALM.
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(ix) Can the RD account be closed without closing the RD Loan Account?
No. RD accounts cannot be closed without closing the Loan account as this RD is marked as COLLATERAL for the RD Loan accounts.
(x) Can the RD account be transferred without transferring the RD Loan account?
solution -RD Account can be transferred only when loan account is closed.
(xi)  What is the Procedure of RD account closure when RD Loan was taken?
Premature Closure
Invoke the RD Closure menu CRDCAAC from Operator Login. System will automatically deduct the RD Loan amount and interest will be calculated on SB Rate of interest as per rule. Loan interest will not be calculated. RD Loan account balance will become 0 but will not be closed.  Loan account with Zero balance should be remained as it is and not closed. No need to invoke HLAUPAY or HPAYOFF for repaying the Loan amount.
On Maturity
RD Loan amount should be adjusted before closing the RD account. Invoke the menu HPAYOFF (Loan Pay Off Process) to pay the pending principal along with interest. Interest will be calculated at the prescribed rate. Total amount displayed to be collected from the customer. In case of transfer, select the repayment account of customer or office account from where the loan amount is adjusted. Supervisor need to verify the same. Invoke the menu HCAAC to close the RD Loan account and verify the same. Invoke the menu CRDAAC to close the RD Account.
(xii) Can the loan amount be less than 50% of sanctioned amount?
While opening Loan Account invoking menu CAOLARD, 50% of RD balance will be sanctioned. But the operator has the option to modify (reduce) the sanction amount but the amount should be in multiples of Rs.5/- but sanctioned amount cannot be increased. LARDD menu to be invoked to disburse the loan amount.
(xiii) Is it mandatory that RD Loan amount to be accompanied with RD monthly deposit?
No. As per existing rule, RD Loan cannot be made without depositing the monthly deposits. But, in CBS Post Offices, since RD Loan is separate account in Finacle, system will allow you to pay only the RD Loan amount without paying the monthly deposits.
(xiv)  Will system allow Loan / Half withdrawal in extended period?
Yes. As per rule, only one Half withdrawal ie Loan is allowed in the entire life term of RD account ie 60 months if the account satisfies the eligibility conditions.
(xv) Why Default fee is displayed even after paying the current month deposit?
This is common complaint made by Post Offices. In Finacle there is no concept of “PAID FOR THE MONTH OF” like in Sanchay Post. From account open date to current month, number of months will be calculated and if the number of months paid is less than the number of months to be paid, then system will consider it as DEFAULT. In case if there are gaps in between ie intermittent gaps in sanchay post ie for eg - 3 intermittent defaults, Finacle will push all the deposits and last three months will be shown as default even though the current month deposit has been made. Therefore, ask the customer to pay first for the defaulted month.
(xvi) How Default fee is calculated in Finacle?
In Finacle Default fee will be calculated as per the new Default Fee structure as per recently modified rate ie 5 paisa for every 5 rupees and Re.1/- for Rs.100/- deposit instead of Rs.2/-
(xvii) Can the current month deposit be paid without paying the defaulted instalment or without paying the default fee?
No. Current month deposit cannot be paid without paying the defaulted instalment. Default fee also cannot be waived. Only in case of Maturity deferred cases, defaulted instalments can be paid without default fee in the deferred period.
(xviii)  Error “A time stamp error occurred” during RD account closure?
This is happening due to Verification pending for some modification made in the respective account. Verify the account by invoking the menu CRDACM by supervisor and then proceed for closure.
(xix)  Error “Parent record does not exist for the record 0000123456” during bulk posting by invoking the menu HAGTXP.
This happening due to following reason:-
When single cheque is given for multiple RD accounts,
(a) cheque number will be available in first record under the field “CHEQUE NO. FOR RD INSTALMENT” in HAGTXP menu.
(b) For all other accounts linked to this cheque, the cheque number will be available in the field “CHEQUE Remarks”
(c) Ready for Posting flag should not be removed for the record which has “Cheque No. for RD instalment” (a) If this record is removed, balance records will fail with above error.
Solution
The above error occurs when the balance is not zero for the loan account. This means that payoff has not been done for the account. Please complete the payoff process and then close the loan account

(xxi) Error P39 coming in RD loan account payoff done through cash receipt

This error will be thrown in offices migrated in the middle of the month. (ie on or after 2nd)
In case of Loan Disbursement or Loan Repayment, the value date will be automatically changed to 01st of the month as interest is calculated from the 1st of the month for loans. As Cash account of that office will not be available as on 1st (since the office has migrated in the middle of the month) this error is thrown in Supervisor while verification. This error will be thrown only in the month of migration and from 2nd month cash mode can be used for repayment or disbursement.
Workaround to overcome this error
“In case of Loan disbursement – Instead of Cash (even if it is below Rs.20,000) select Transfer and show RD Loan Disbursement office account (Account number ending with 323) and pay by cheque or cash from this office account. ( CTM menu is to be used for this )
In case of Loan repayment – Instead of repaying through cash accept loan repayment through Transfer. Transfer can be from RD Loan Repayment office Account (Account number ending with 323) or SB account of customer (if available) (CTM Menu to be used for this).
(xxii) Why RD SI executing after EOD of 15th?
While configuring standing instructions of SB to RD, option should be selected as (B) i.e.  After change of Date. Otherwise, SI execution will happen after EOD of 15th.

(xxiii) How to execute RD Trial Closure:-

For invoking Trial Closure of RD account, user has to invoke CRDAAC menu. Select, trial closure and go to HPR to see amount to be paid after closure.
Customer should be told about the amount of interest and if he agrees, fill up amount in SB7A and get the signatures of customer on receipt portion. After that, actual closure should be invoked.
In case, SB7A is received from BO alongwith Passbook for sanction, amount of principle and interest should be entered on the Warrant of Payment Side under signatures of APM/SPM and a remark on the top of the SB7A should be written as "Sanction Valid till last working day of the month only". Other procedure as laid down in BO Procedure document should be followed
(xxv) Issue Reported : When the user tried to invoke HAGTXP menu in Modify mode, an error is displayed asInvalid Agent Type and Scheme Code Combination.

Solution : SAS type of Agents do not have access to post RD bulk posting. The Agent Type for that particular Agent ID needs to be modified as either PRS or MPB in HDSAMM menu. Post this modification, user will be able to do posting in HAGTXP menu. Appropriate Agent ID need to be modified as the commission structure differs for both.

Courtesy : bnjho.blogspot.in

Tuesday, December 09, 2014

FILING ASSETS AND LIABILITIES BY PUBLIC SERVANTS ASPER THE SECTION44 OF THE LOKPAL AND LOKAYUKTAS ACTS,2013

FILING ASSETS AND LIABILITIES BY PUBLIC SERVANTS
Press Information Bureau
Government of India
Ministry of Personnel, Public Grievances & Pensions
03-December-2014 13:44 IST
Filing Assets and Liabilities
Section 44 of the Lokpal and Lokayuktas Act, 2013 mandates that every public servant (as defined in the Act, which includes Ministers, Members of Parliament, Government employees, employees of statutory bodies, PSUs, etc.) shall make a declaration of his assets and liabilities as well of his spouse and dependent children in the manner as provided by or under the said Act. In exercise of the powers conferred by sub-section (1) read with clause (k) and clause (l) of sub-section (2) of section 59 of the Lokpal and Lokayuktas Act, 2013 (1 of 2014), read with section 44 and section 45 of the said Act, the Central Government has notified the Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Rules, 2014 in the official Gazette on 14th July, 2014, which, inter alia, contain the forms in which such information/return is required to be filed.
Subsequently, concerns and apprehensions were raised by several Ministries/Departments and other stakeholders, inter alia, about the complexity involved in furnishing the desired details in the forms prescribed under the Rules. Accordingly, the Government of India vide its order dated 28-08-2014, constituted a Committee to simplify the forms and the process in which public servants shall make declaration of assets and liabilities. The said Committee has submitted its First Report on 01-10-2014, recommending simplified formats for declaration of moveable property and for declaration of debts and other liabilities by public servants.
The Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Rules, 2014 have also been amended by a notification dated 8th September, 2014, by which the time limit, for furnishing of such information/return by public servants, has been extended till 31st December, 2014.
This was stated by Minister of State for Personnel, Public Grievances & Pensions Dr. Jitendra Singh in a written reply to Shri Sudheer Gupta & others in the Lok Sabha today.

OBCs in Government Services

OBCS IN GOVERNMENT SERVICES
Press Information Bureau
Government of India
Ministry of Personnel, Public Grievances & Pensions
OBCs in Government Services
As per information received from various Ministries/ Departments till date, the representation of Other Backward Classes (OBCs), as on 01.01.2013, in 69 Central Government Ministries/Departments was 5,23,721 which is 17.74% of 29,52,080 employees.
The reasons for lower representation of Other Backward Classes in services are identified as under-:
(i) Reservation for Other Backward Classes started only from the year 1993.
(ii) Other Backward Classes candidates who were appointed up to 1993, that is before introduction of reservation for the Other Backward Classes, are not included for counting the representation.
(iii) There is generally a time gap between occurrence of vacancies and filling thereof as recruitment is a time consuming process.
(iv) Some reserved posts for Other Backward Classes remain vacant due to non-availability of suitable candidates of reserved category.
(v) Some of the selected Other Backward Classes candidates do not join the service or leave the service after joining because they get better opportunities elsewhere.
Reservation in Central Government jobs for Other Backward Classes, Scheduled Castes and Scheduled Tribes employees is provided at the rate of 27%, 15% and 7.5%, respectively. As per information received till date from 69 Ministries/ Departments, the representation of Other Backward Classes, Scheduled Castes and Scheduled Tribes as on 01.01.2013, was 17.74%, 17.57% and 7.73%, respectively.
Instructions have been issued  in June, 2013 to all concerned to make concerted efforts to fill up the backlog reserved vacancies. A committee was constituted under the Chairmanship of Secretary, Ministry of Social Justice and Empowerment to analyse the reasons for less employability of Scheduled Castes, Scheduled Tribes, Other Backward Classes in Government sector and to suggest remedial measures. Keeping in view the recommendations of the Committee, various time bound measures have been identified and intimated to concerned Ministries/Departments to fill up such backlog vacancies.
This was stated by Minister of State for Personnel, Public Grievances & Pensions Dr. Jitendra Singh in a written reply to Kumari Shobha Karandlaje in the Lok Sabha today.

REVISED DELIVERY NORMS FOR VARIOUS CATEGORIES OF MAIL

REVISED DELIVERY NORMS FOR VARIOUS CATEGORIES OF MAIL (OTHER THAN SPEED POST).
D.G. Post O.M. No. 13-45/2008-D dated 26.11.2014
            Reference is invited to the Directorate O.M.  of even no.  dated 10.12.2013 (and Addendum dated 21.01.2014 and 03.06.2014) , vide which revised delivery norms for Speed Post were communicated . Since then, the revised norms have also been hosted on India Post website in a PDF as well as in the shape of an interactive “MS Excel” tool.
2.         The matter relating to revision of delivery norms for various categories of mail (other than Speed Post) was under consideration at this Directorate, Accordingly, the delivery norms for mail and parcels have been revised as under:
(a)        For Registered (First Class) Mail:
            (i)         Local (within Municipal City Limits): 2 days.
            (ii)        Between Metro cities (Delhi, Mumbai, Chennai, Bangalore, Kolkata and  
                        Hyderabad) : 2 to 3 days.
            (iii)       Same state: 3 to 4 days.
            (iv)       Neighbouring state: 3 to 4 days.
            (v)        Rest of the country (for cities not covered in the category of: same state” and
                       “neighbouring state”) : 5 to 6 days.
(b)       For First Class (Unregistered) Mail:
            i)          Local (within Municipal City Limits): 2 days.
            (ii)        Between Metro cities (Delhi, Mumbai, Chennai, Bangalore, Kolkata and  
                        Hyderabad): 2 to 3 days.
            (iii)       Same state: 3 to 4 days.
            (iv)       Neighbouring state: 3 to 4 days.
            (v)        Rest of the country (for cities not covered in the category of: same state” and
                       “neighbouring state”) : 5 to 6 days.
 (c)       For Express Parcel:
            (i)         For 84 cities: Specific norms on city –to-city basis (being communicated
                       by e-mail)
            (ii)        Local (for cities other than the 84 cities covered under revised norms for city-to-
                       city norms and covering only Municipal limits): 2 days.
            (iii)       Same state (for cities other than the 84 cities and local mail covered under
                        revised norms): 3 to 4 days
            (iv)       Neighbouring state: (for cities other than the 84 cities covered under
                        revised norms): 3 to 4 days
(v)        Rest of the country (for cities other than the 84 cities covered under revised norms and not covered I “same state” and “neighbouring state”): 5 to 6 days.
(d)       For Business Parcel:
            (i)         Local (within Municipal City Limits): 2 to 3 days.
            (ii)        Between Metro cities (Delhi, Mumbai, Chennai, Bangalore, Kolkata and  
                        Hyderabad): 3 to 4 days.
            (iii)       Same state:  4 days.
            (iv)       Neighbouring state: 4 days.
            (v)        Rest of the country (for cities not covered in the category of: same state” and
                       “neighbouring state”) : 5 to 7 days.
(e)        For Second Class Mail:
            (i)         Local (within Municipal City Limits): 3 days.
            (ii)        Between Metro cities (Delhi, Mumbai, Chennai, Bangalore, Kolkata and  
                        Hyderabad): 4 days.
            (iii)       Same state: 4 days.
            (iv)       Neighbouring state: 4 days.
            (v)        Rest of the country (for cities not covered in the category of: same state” and
                       “neighbouring state”) : 5 to 7 days.
3.         The new delivery norms for Express Parcels on a city-to-city basis for 84 cities, which are being communicated by e-mail, are also limited to the local municipal limit of the cities concerned. Further, the new delivery norms for various categories of mail referred to above would be subject to the conditions that:
(i)         They do not apply to the articles booked after the cut off time on a day (normally taken as 3 or 4 pm for booking counters at post offices  or as decided by the Circle concerned) and an extra  day may be added in such cases,
(ii)        The delivery norms do not include Sundays and Holidays.
(iii)       Delay occurring due to curfew, bandh or strike in a particular city may adversely affect delivery norms.
(iv)       Delay occurring due to cancellation of flight/trains/buses/other  means of transport for carriage of mails or off-loading /non-carriage of mail by the carriers due to any reason is beyond the control of the Department, and therefore, he same may adversely affect delivery norms.
4.         Circles may give wide publicity to the new norms among the public and display the norms in the shape of a matrix of prominent/frequently-used destinations at the post office as display of entire matrix perhaps may not be possible.
5.         The new delivery norms would also be hosted on India Pos website in a user-friendly format so that a user could easily find delivery/transit norms. In the interim, a PDF version of the document will be uploaded by CEPT on the Department’s website.
6.         This O.M. supersedes all previous instructions on delivery norms for mail and Parcels (other than Speed Post) issued by this Directorate/Business Development and Marketing Directorate.

Monday, December 08, 2014

Annual Income Limit for Non-Creamy Layer


Press Information Bureau
Government of India
Ministry of Social Justice & Empowerment

04-December-2014 16:42 IST

Annual Income Limit for Non-Creamy Layer
The current annual income limit of creamy layer in OBC reservation is Rs. 6 lakhs per annum with effect from 16.05.2013. The parameter/criteria fixed for revision of said annual income limit of creamy layer is Consumer Price Index.

At present, there is no proposal to hike the annual income limit of creamy layer in OBC reservation.

This information was given by the Minister of State for Social Justice and Empowerment, Shri Krishan Pal Gurjar in a written reply to a question in Rajya Sabha here today.

Thursday, December 04, 2014

India Post collects over Rs 280 crore via Cash-on-Delivery for e-commerce firms


Within a year of joining the e-commerce bandwagon as a distribution channel, government entity India Post has transacted business worth Rs 280 crore in the Cash-on-Delivery (CoD) segment alone for firms like Flipkart, Snapdeal and Amazon.


While the amount of revenue generated for itself could not be ascertained, government officials said India Post is very keen on developing its e-commerce related services as a major revenue model going ahead.
"India Post collected over Rs 280 crore from consumers and gave it to e-commerce firms, since CoD facility was started in December 2013. The department with its huge network can serve as the best agency for not just delivering products, but also collecting money," a government official said.
However, this is a small chunk of the overall market size for e-commerce in India, which runs into billions of dollars already and is growing at a fast pace every year.
CoD has emerged as one of the most sought after services for e-commerce entities and 50-75 per cent of orders are placed with various online retailers with this payment option, while the remaining opt for credit card or bank payments.
In India, customers tend to prefer CoD as the online payment modes are yet to catch up in many parts of the country while many people are not comfortable with advance payments for products purchased online.
India Post's cash handling services like core banking solutions, money transfer and a robust account system can further help e-commerce firms in collecting cash from users in urban as well as rural areas, the official said.
India Post has about 1.55 lakh post offices, making it the world's largest postal network. On an average, a post office serves 21.21 sq km area and about 7,175 people.
Another official said various e-commerce firms have been using India Posts CoD facility since it was introduced. Firms like Flipkart, Snapdeal, Amazon, Shopclues, Naaptol, Telebrands and Homeshop18 are some of them.
India Post has set up booking counters in the premises of some customers like Amazon and Naaptol, while for Snapdeal it is exploring setting up of e-commerce booking kiosks in post office locations.
Communications and IT Minister Ravi Shankar Prasad has also said previously that India Post is best suited to offer delivery services to e-commerce players, given its wide reach across rural, urban and semi-urban areas.
The Minister has directed officials from the Department of Posts to focus on opportunities in e-commerce sector.
India Post is also ramping up its infrastructure to grab a major chunk of the distribution, delivery or logistics, which will touch about $9 billion by 2021. According to market experts, e-commerce business in India was about $6 billion in value in 2012 and is expected to touch $76 billion by 2021 of which distribution, delivery and logistics constitutes around 12 per cent.

Source : The Economic Times

Saturday, November 29, 2014

More Likes for the New Post



THE POSTAL DEPARTMENT HAS BEEN MAKING EFFORTS AT EXPANDING ITS REPERTOIRE OF SERVICES TO BE MORE CUSTOMER-CENTRIC IN CHANGING TIMES.

‘Penta Phones for sale’ says the banner before the district head post-office here, located near the old bus stand. Another of the Postal Department’s efforts at a makeover, the Penta Phone seems to have got off on the right foot. In the last one month, post offices at Sangareddy and Zaheerabad sold about two hundred phones, the stock being cleared within just an hour.

The phones, which can be booked by paying Rs.500, come with a BSNL-to-BSNL talk time offer of Rs.1,999.

That’s not all. Targeting the corporate customer and their needs for fast and end-to-end, reliable transportation across the nation, the department launched ‘Logistic Post’.

Tie-up with Railways


With a tie-up with the railways, and its own strong nationwide network to back it, Logistics Post transports the customer’s goods to the nearest post office. Four routes were launched two months ago, including Hyderabad-Adilabad-Mancherial, Hyderabad-Chennai (via Vijayawada), Hyderabad-Bangalore, and Vijayawada-Visakhapatnam and eight vehicles roped in exclusively for this purpose. The industrial estate at Patancheru in Medak district serves as the Logistics Post Centre.

Another service of the Postal Department is the Book-Now Pay Later (BNPL) scheme, where customers can first avail of the service, and pay their bills later. More than a dozen organisations, including private sector units, have already been using this service.

The Passenger Railway Reservation System (PRRS) was introduced at Sangareddy and Jogipet post offices. However, reservations can only be made during working hours of the department, making it inconvenient for customers.

The E-seva, similar to MeeSeva, introduced by the department provides services to the public at a cost fixed by the government. “Other services being offered by the department include My Stamp – where one can get his or her printed photo on the stamp and use it, Direct Post for distribution of pamphlets, Media Post through which customers can put up advertisements in the department premises, and e-Post which enables a customer to send a scanned copy of a letter to the remotest part of the country where a post office exists,” says Postal Superintendent K. Janardhan Reddy.