Thursday, February 11, 2016

India Post to invest Rs 322 crore to augment parcel capacity.

  NEW DELHI: In a bid to strengthen its position in the e-commerce market, India Post has proposed to invest Rs 322 crore till 2019-20 to augment parcel handling capacity through which it projects to earn a revenue of Rs 1,608 crore. 

An official in the Department of Post told PTI that with the current pace of growth in e-commerce segment, India Post would be handling 40 lakh parcels per month in the near future and the capacity needs to be augmented accordingly. 

"The Department is proposing to invest Rs 322 crore in the period from 2015-2016 to 2019-20 to augment and develop parcel handling capacities," the official said. He said India Post centres would be equipped with modern handling devices, conveyor belt and security systems to ensure faster and safe processing. He added volumetric measurement system will also be introduced to ensure revenue based on volume of the consignment having lesser weight but occupying larger space in trans-shipment.  "With the proposed investments, the revenue projections from e-commerce in all segments is Rs 1,608 crore in five years," he said. 




  In order to cater to the parcel business, the department proposes to set up automated mail processing centres at Mumbai, Chennai, Bengaluru and Hyderabad with mixed mail sorter and parcel sorter at each location. The official further said the department is implementing a global positioning system (GPS) in its departmental mail motor vehicles in all the major centres. The IT modernisation project for India Post is under implementation which would result in electronically connected urban and rural network.  "It would allow increased consistency and reliability in mail, parcels and logistics delivery system in line with global standards," he said.  The department has also initiated a project for parcel network optimisation for developing a comprehensive business and marketing plan based on current trends in the e-commerce market. 

  In e-commerce space, India Post is serving more than 400 small- and medium-level customers spread all across the country including all major players like Amazon, Flipkart, Myntra, Snapdeal, Paytm, Shopclues, Yepme, Naaptol, Telebrands and Homeshop18, among others. 

courtesy:-http://economictimes.indiatimes.com

Saturday, January 30, 2016

FMenu Update 29.01.2016 By Srfix






Improved GUI 

  • All Menus are listed in Category wise 
  • Easy way to Copy with One Click. 
  • Help Windows is available to know how to use. 
  • SOL ID configuration for Office Accounts. 
  • Enlarged view of Help. 
  • BO Transactions Help 
  • Link to Finacle MIS
Please check and send your feedback to srputtur@gmail.com

Wednesday, January 27, 2016

DNS Flushing technique to boost up DOP Finacle speed

What does DNS flushing do?

Whenever you type a URL on the adress bar it fetches the corresponding IP address to communicate with web server (it might be any kind of server). When you repeatedly use a same URL its just a waste of network resource to fetch corresponding IP address every time because IP don't change too often. 

So your computer stores the combinations of domain name and its IP in local cache to avoid fetching from Domain name System(DNS) every time you use same domain name(URL). 
It also holds another crucial info called "Timeout" which says about the valid time for the IP and domain name combination, when this time times out your computer re-fetches the combination from DNS and stores in local cache again. 
DNS flushing is the mechanism where the user can manually make all the entries in the cache invalid, so your computer re-fetches new combinations by now on whenever it needs and stores in local 
Enough theory, let us do some practical 
  • First click Windows+R keys in your key board.(Ref the image given below) 
Type the following command and press Enter: 
ipconfig /flushdns 
If the command was successful, you will see the following message: 
Now start a new session in Finacle and see the magic.It will be faster than previous session. This technique is useful in afternoon when the Finacle shows sluggish behavior.

Courtesy:dopfinacle.blospot.in

Thursday, January 7, 2016

India Post Bank to open doors in March 2017 with Infosys Finacle.

   India Post Bank has been given the go-ahead to start processing payments in 2017 following a number of lengthily delays.
The post office’s financial services are seen as a viable provider for India’s rural population, of which a majority do not have access to banking.
230 million Indians, however, do hold savings accounts with the Post Office, which has 139,144 locations across rural areas of the country.
Ravi Shankar Prasad, union minister for communications and IT, announced that a March 2017 start date had been fixed for the banking arm to begin processing. He also noted Deutsche Bank and the World Bank had expressed interest in partnerships.

Waiting times

India Post has been waiting a long time for the green light to set up its own bank. It originally planned to start offering services in March 2014 as part of an enterprise-wide transformation fuelled by Infosys’ Finacle core system.
Finacle was selected by the company following a process that began in 2010 and was charged with turning post offices across India into ‘mini banks’ catering to an average of 7,000 customers each.
The project, which cost around $125.3 million, had an initial completion date of July 2014.

Stumbling blocks

India Post encountered a number of stumbling blocks, however, most notably when the country’s finance ministry opposed the banking services plan in February 2014, claiming the company did not have the necessary expertise to become a bank proper.
Ageing data – with some tables up to 100 years old – and a worry about Post Bank customers and tellers being confused with the modern Finacle system were among other pressing concerns.
The Reserve Bank of India has since brought about the reversal of the finance ministry’s decision and come out in favour of the plans.

Pilot plans

India Post has already run a number of pilot projects in Assam, Uttar, Pradesh and Maharashtra to test the capabilities of its new system.
With 41% of India’s population not using banking services, it is hoped that the 2017 go-live will encourage financial inclusion across the country.

IndiaPost serves notice to Birla MF over radio ad.

MUMBAI: The Department of Posts served a notice this week to Aditya Birla Group and Big FM Radio Channel over a radio advertisement for Birla Sun Life Mutual Funds. The department has demanded an apology and wants the advertisement - which it claims disparages 'registered post' and 'speed post' services - to be taken off air.


The Hindi radio ad in question begins with a boss asking an employee to urgently send a mail. The employee responds by asking whether he should choose 'registered post' or 'speed post'. The voice on the radio goes on to describe the services as 'sust' (lethargic) methods which do not help in reaching your destination in time. It then goads listeners to choose mutual funds which are effective investment tools. Although the intention of the advertisement appears to be aimed at comparing electronic mail with physical mail, it does not expressly say so. Also, the description of 'registered post' and 'speed post' as lethargic has rankled the department.


According to sources, The department is upset because it feels that the ad perpetuates a misconception about 'registered post' and 'speed post' services, which have been audited by the CAG and certified to be superior to private courier services. When queried about the notice, P N Ranjit Kumar, postmaster general (Mumbai), said, "Department of Posts will not take kindly to attempts to malign its products and we will do whatever is required to protect the value of its brands."


The advertisement comes at a time when IndiaPost is seeking to revise its profile as an efficient logistics and financial services provider. The department is one of the recipients of an in-principle approval for a payments bank licence. Incidentally, the Aditya Birla Group has also received an in-principle approval for a payments bank from the Reserve Bank of India.

Saturday, November 21, 2015

Highlights of the 7th CPC for Department of Posts Employees :

Postal Services Board :

The Commission has examined the demand for granting apex level to the members of the PSB and is of the view that adequate functional justification for the same does not exist. ( Para 11.8.11)


The Commission however is no t in favour of creating an additional post of member to discharge the financial function and is of the view that the portfolios of the six members can be so re-arranged that the need to create a new post of Member is obviated. ( Para 11.8.12)
IPS (Group – A):
In so far as Director, National Postal Academy is concerned, the view taken is that functional justification from upgrading the post to Apex level does not exist. As far as the rest of the demands for upgradation / creation of posts are concerned, these are administrative matters, which may be taken up with the concerned departments in the government. ( Para 11.8.15)
Postmaster Cadre :
The Commission recommends that while 25 percent of the posts of Senior Post Master may continue to be filled up from Post Master Gr.III through seniority based promotions, eligible officers from the Post Masters’ cadre (Postmaster Gr.II and Postmaster Gr.III) may also be permitted to appear for LDCE along with Inspector (Posts) for the balance 75 percent of the Senior Postmasters’ posts ( Para 11.8.18)
Inspector Cadre :
The Commission, therefore, recommends that Inspector (Posts) who are presently in the GP 4200 should be upgraded to GP 4600. With this upgradation, Inspector (Posts) shall come to lie in an identical grade pay as that of their promotion post of Assistant Superintendent of Posts (ASPOs). A higher grade would thus need to be extended to ASPOs. Accordingly, the Commission recommends that the promotional post of ASPOs be placed in the next higher GP 4800 and further, the post of Superintendent (Posts), which is presently in the GP 4800, be moved up to GP 5400 (PB-2). ( Para 11.8.21)
Postal Assistants / Sorting Assistants / LSG / HSG-II / HSG-I:


The Commission is of the view that there is no justification for enhancement of minimum educational qualifications for Direct Recruits for Postal Assistants/Sorting Assistants from Class XII to Graduation and the entry grade pay from GP 2400 to GP 2800. No justification for upgrading LSG, HSG-II & HSG-I (Para 11.8.23 & 11.8.24)
P A ( SBCO) :


The Commission is therefore of the view that no upgradation is warranted. As regards grant of cash handling allowance, the Commission is of the view that with the spread of banking and internet based payments coming into vogue there is no merit in granting an allowance for handling cash. ( Para 11.8.27).
Postman :
The Commission has noted the entry level qualifications prescribed (Class X or ITI for MTS) as also the work content, and is of the view that there is no justification for further raising the entry grade pay of Postman. ( Para 11.8.29)
Mail Guard :
As no modification in the grade pay of Postman is recommended, the Mail Guard shall also be placed in same pay level. ( Para 11.8.33)
Multi Tasking Staff :


No upgrade is considered necessary for either MTS-domestic or MTS-foreign posts. ( Para 11.8.37)
Binders :


There is no justification for raising the entry grade pay as sought. ( Para 11.8.39)
Artisans :
The Commission is of the view that no anomaly exists in the present pay structure of these posts. The cadre of artisans in the Department of Posts shall accordingly be extended only the corresponding replacement level of pay. ( Para 11.8.43)
Translation Officer :


The Commission, therefore, suggests that a comparative study of the job profiles be carried out by the department to arrive at the precise job content and a view taken thereafter. ( Para 11.8.45)
Technical Supervisors :
No upgrade is recommended. (11.8.47)
Gramin Dak Sewaks:


The Commission has carefully considered the demand and noted the following:
a. GDS are Extra-Departmental Agents recruited by Department of Posts to serve in rural areas.
b. As per the RRs, the minimum educational qualification for recruitment to this post is Class X.
c. GDS are required to beon duty only for 4-5 hours a day under the terms and conditions of their service.
d. The GDS are remunerated with Time Related Continuity Allowance (TRCA) on the pattern of pay scales for regular government employees, plus DA on pro-rata basis.
e. A GDS must have other means of income independent of his remuneration as a GDS, to sustain himself and his
Government of India has so far held that the GDS is outside the Civil Service of the Union and shall not claim to be at par with the Central Government employees. The Supreme Court judgment also states that GDS are only holders of civil posts but not civilian employees.
The Commission endorses this view and therefore has no recommendation with regard to GDS. ( Para 11.8.49 & 11.8.50)
Separate Cadre for S As / M Es :
System Administrators and Marketing Executives have demanded creation of separate cadres with higher pay scales. Presently incumbents of these posts are drawn from the cadre of Postal Assistants/Sorting Assistant Cadre.
The V and the VI CPC have also dealt with this issue and have not recommended separation of cadres. The Commission also does not see any rationale for creating separate cadres. (Para 11.8.51 & 11.8.52)







































Easy steps to Calculate your 7th Pay Commission New Pay Scale.

Know Easy steps to Calculate your 7th Pay Commission New Pay Scale

7th Pay commission simplified the calculation for arriving revised Pay through new 7th CPC Pay Metrix

We here illustrate the method through easy 6 Steps to calculate our 7th CPC New Pay and Allowances to know your self
Lat us Assume you are drawing Grade Pay Rs.4200 and Pay in the Band Pay Rs.12110
To calculate your Basic Pay and Allowance follow the steps given below.
Step-I
Calculate your sixth CPC basic Pay 
                  ( Grade Pay + Band Pay)   = 4200+12110= 16310
Step-II   
Multiply the above figure with 7th CPC Fitment Formula 2.57
16310 x 2.57 = 41916.70 . ( Paisa to be rounded off to the nearest Rupee)
                           The Ans is = Rs.41917
Step-III
Match this Answer with Matrix Table ( Given Below) Figures assigned in Grade Pay column Rs.4200
7th CPC new PayScale
7th cpc new pay matrix
There is no matching figure we arrived above in this matrix, so the closest higher figure assigned in the Grade Pay column can be chosen ie is Rs. 42300
So , Rs 42300 is your New 7th CPC Basic Pay
Step-IV
Identify your HRA [ See : 7th Pay commission recommendation on HRA]
HRA has been revised as 24%, 16% and 8% for 30% , 20% and 10% respectively
So if you are in 30% HRA Bracket, your HRA in 7th CPC is 24% vis versa.
Let us assume now you are in 30% HRA bracket, your revised HRA is 24%
Find the 24% of the Basic Pay  =   42300 x 24/100 = 10152
 Your HRA is Rs.10152
Step-V
Identify your TPTA (Transport Allowance)
7th CPC Recommends Transport Allowance for three Category of Employees for Two Types of Places
If you are living in A1 and A classified cities (See the List of 19 cities classified as A1 and A cities) you will be entitled to get higher TPTA rates
7th cpc TPTA Transport Allowance
And since your Grade Pay is 4200 you fall in Second category
ie Grade Pay 2000 to 4800 – Rs 3600+DA
Your TPTA is Rs. 3600/- (DA is Nil as on 1.1.2016)
Step-VI
(Sine DA will be Zero from 1.1.2016 So no need to calculate the DA to calculate 7th Pay and Allowances from 1.1.2016)
Add all the figures 
New Basic Pay + HRA+TPTA = 42300+10152+3600 = 56052

 Your revised 7th CPC Grass pay as on 1.1.2016  =  Rs.56052



courtesy: http://www.gservants.com

Tuesday, November 17, 2015

PLI RPLI Service tax Revised from 15.11.2015.Calculator and Table

PLI RPLI Service Tax Revised from 15.11.2015 vide PLI Directorate Letter No. 19-9/2013-LI dated 13.11.2015. Service Tax for PLI/RPLI First year premia is 3.62 % and Service Tax for PLI/RPLI Renewal Premia is 1.82 % wef. 15.11.2015.


Revised PLI/RPLI Service Tax Calculator wef 15.11.2015 and PLI/RPLI Service Tax Ready Reckoner Table wef 15.11.2015 developed are attached herewith. 


PLI Service Tax Calculator wef.15.11.2015 : DOWNLOAD
 

PLI Service Tax Ready Reckoner Table wef. 15.11.2015 (Word File) : DOWNLOAD
​​


Thanks to
Shri. Manu V R
​Postmaster Grade-I
Muvattupuzha Market PO - 686673
Aluva Division​​, Kerala​
​Mob: ​9496114743
​email: manu86vktm@gmail.com​

Friday, November 13, 2015

India Post invites entries to design stamp on ‘Vibrant India’ theme.

Entries should be in original design; computer prints not allowed
The Department of Posts has decided to invite entries from citizens to design a postal stamp on the theme ‘Vibrant India’ to be launched on Republic Day in New Delhi.
“As per the directions of the Prime Minister, it has been decided to organise a ‘Republic Day 2016 – Stamp Design Competition’ at the national level. The entries with regard to the above competition will be received and judged by the Department of Posts headquarters at Delhi,” a statement issued by the office of the Chief Postmaster General of Maharashtra and Goa circle said.
“The theme of the said contest is, ‘Vibrant India’ and the contest will be open to all citizens of India up to November 30. The rules to participate have been posted on India Posts’ website,” it said.
Cash prizes
There will be cash prize of ₹10,000, ₹6,000 and ₹4,000 for the top three winning entries that would be unveiled on Republic Day (January 26).
While stipulating the rules for taking part in the contest, the department has said that the entries should be in original design and it could be in ink, water colour, oil colour or any other medium.
But computer printed entries or printouts will not be entertained. However, participants would be free to use drawing paper, art paper or any other type of white paper of A4 size, it added.
It has also stipulated that the design of the entry should be on A4 size paper and visually appealing and it should be reached at ADG (Philately), Dak Bhawan, Parliament Street, New Delhi before November 30.
(This article was published on November 12, 2015  http://www.thehindubusinessline.com)

Monday, October 26, 2015

‘Payments bank, a historic opportunity for India Post’.

“Trust me ladies and gentlemen, India Post will soon be a force to reckon with. Until now we (India Post) were seen as a slumbering giant. Not anymore. We have woken up. This time we are not going to give it up, as payments bank presents a historic opportunity for India Post.”
So said MS Ramanujan, Member (Banking & HRD), Department of Posts, at the 3rd Financial Inclusion symposium organised by dun & bradstreet, exuding confidence about India Post regaining its spot under the sun.
“It’s very exciting for us as the payments industry is going to be like skating on thin ice. We don’t know who will fall by the wayside, when there will be a bloodbath, and what kind of pricing/revenue models will emerge,” he said, adding that this will be a game of high volumes and wafer-thin margins.
India Post is among the 11 successful applicants that recently got in-principle nod for a payments bank licence from the Reserve Bank of India.
The new entity will be registered as a company and will be called ‘India Post Payments Bank’. It will have an initial capital of ₹300 crore, much more than the minimum of ₹100 crore stipulated by the RBI.
“We will soon approach the Cabinet for approval,” Ramanujan told BusinessLine here.
Types of payments

The bank will undertake the following types of payments: P2P (people to people) — involving, say, remittances; C2G (citizen to government) — taxes, duties, levies, and so forth; C2B (customer to bank) — e-commerce-related payments, among others; and G2C (government to citizen) — such as direct benefits transfer payments.
One thing is certain — India Post will fully leverage the existing postal network (technology, personnel, etc) for its payments bank foray. However, the bank will have a separate logo.
As on date, nearly 7,000 full-services branches of the postal department are under core banking solution (CBS). By March-end 2016, all the 25,000 full-services branches of India Post will be under CBS, Ramanujan said.

(Courtesy:hindubusinessline. This article was published on October 15, 2015) 

India Post shortlists 6 consultants for payments bank foray


The country’s largest postal service provider, India Post, is expected to float a request for proposal this week to select a consultant for its Postal Bank that is expected to be formed by December.
India Post has shortlisted six consultants, including EY, KPMG and McKinsey, from which it will select one firm to take care of consultancy work for the payments bank foray, a senior government official toldBusinessLine. “The firms were shortlisted on October 15. The name of the one selected will go to the Public Investment Board (PIB) for approval. Then the PIB will make recommendations to the Cabinet,” a government official said.
The official said the whole project will go for Cabinet approval in November (early next month). Once that approval comes through, the company (Postal Bank) is expected to be registered as a public company in December. India Post is among the 11 successful applicants that recently got in-principle nod for payments bank licence from the Reserve Bank of India. The new registered company will be called India Post Payments Bank and will have an initial capital of ₹300 crore, higher than the minimum ₹100 crore stipulated by the RBI. The company will be based on a revenue-share model.
Once the company is set up, India Post will fully leverage the existing postal network (technology, personnel, etc) for its payments bank foray with a separate logo. The bank will undertake the following types of payments: P2P (people to people) — involving, say, remittances; C2G (citizen to government) — taxes, duties, levies, and so forth; C2B (customer to bank) — e-commerce-related payments, among others; and G2C (government to citizen) — such as direct benefits transfer payments.
(Courtesy:hindu business line. This article was published on October 20, 2015)

Tuesday, September 15, 2015

India Post readies a new arm to run payments bank

      India Post aims to set up a 100% subsidiary company by this year end to operate a payments bank.
Payments banks are institutions that will offer most of the banking services except loans and credit card products to retail customers. The Reserve Bank of India last month granted licence for payments banks to 11 applicants, including the department of posts.
Communications minister Ravi Shankar Prasad on Monday held a review meeting with officials of the department of posts and asked them to prepare a draft note for the Cabinet to set up the new company.
Setting up a subsidiary is mandatory as India Post is a lender to the government, and hence cannot lend money to others. The minister’s active involvement reflects the government’s keenness to give the department a headstart on firms such as Paytm, which will join the fray in March 2016. India Post plans to launch payment bank services by 2016-17.
Last December, a task force on leveraging the post office network had suggested setting up of three subsidiaries under the postal department and the communication ministry for extending services in banking, insurance and e-commerce.
Prasad told the officials that as banking and financial services are not available in most of the over 600,000 villages, India Posts’ payment bank would help in financial inclusion of the rural poor. He also hoped over 500,000 new jobs would be created over three to five years, with special focus on rural and tribal women.

courtesy:Hindustan times.

Friday, July 24, 2015

COMPLETE EXAM PAPER PATTERN OR SYLLABUS FOR POSTAL/SORTING ASSISTANT EXAM-2015.

Name Of Vacancies:     1. Postal Assistant (PA)       2.Sorting Assistant (SA)

General Intelligence: 

It would include questions of both verbal and non-verbal type. The test will include questions on Semantic Analogy, Symbolic operations, Date of Exam Part Subject Maximu m Marks Total Duration /Timing Total Duration/Timing for Visually Handicapped/Cerebra l Palsy candidates including compensatory time. 01.11.2015 15.11.2015 & 22.11.2015 (Sundays) I General Intelligence (50 questions) 50 2 Hours 10.00 A.M. to 12.00 Noon or 2:00 PM to 4:00 PM 2 Hours 40 Minute 10.00 A.M. to 12.40 Noon or 2:00 PM to 4:40 PM II English Language (Basic Knowledge) ( 50 questions ) 50 III Quantitative Aptitude (Basic Arithmetic Skill) (50 questions) 50 IV General Awareness (50 questions) 50 11 Symbolic/Number Analogy, Trends, Figural Analogy, Space Orientation ,Semantic Classification, Venn Diagrams, Symbolic/Number Classification, Drawing inferences ,Figural Classification ,Punched hole/pattern-folding & unfolding , Semantic Series, Figural Pattern – folding and completion, Number Series, Embedded figures, Figural Series, Critical Thinking, Problem Solving, Emotional Intelligence, Word Building, Social Intelligence, Coding and de-coding, Other sub-topics, if any Numerical operations. 

English Language: 
Spot the Error, Fill in the Blanks, Synonyms/Homonyms, Antonyms, Spellings/ Detecting Mis-spelt words, Idioms & Phrases, One word substitution, Improvement of Sentences, Active/Passive Voice of Verbs, Conversion into Direct/Indirect narration, Shuffling of Sentence parts, Shuffling of Sentences in a passage, Cloze Passage, Comprehension Passage. 

Quantitative Aptitude: 
Arithmetic: Number Systems: Computation of Whole Number, Decimal and Fractions, Relationship betweennumbers Fundamental arithmetical operations: Percentages, Ratio and Proportion, Square roots, Averages, Interest (Simple and Compound), Profit and Loss, Discount, Partnership Business, Mixture and Allegation, Time and distance, Time and work. Algebra: Basic algebraic identities of School Algebra and Elementary surds (simple problems) and Graphs of Linear Equations. Geometry: Familiarity with elementary geometric figures and facts: Triangle and its various kinds of centres, Congruence and similarity of triangles, Circle and its chords, tangents, angles subtended by chords of a circle, common tangents to two or more circles. Mensuration: Triangle, Quadrilaterals, Regular Polygons, Circle, Right Prism, Right Circular Cone, Right Circular Cylinder, Sphere, Hemispheres, Rectangular Parallelepiped, Regular Right Pyramid with triangular or square Base Trigonometry: Trigonometry, Trigonometric ratios, Complementary angles, Height and distances (simple problems only) Standard Identities like sin20 + Cos20=1 etc., Statistical Charts : Use of Tables and Graphs: Histogram, Frequency polygon, Bar- diagram, Pie-chart 

General Awareness: 
Questions are designed to test the candidate’s general awareness of the environment around him and itsapplication to society. Questions are also designed to test knowledge of current events and of such matters of everyday observation and experience in their scientific aspect as may be expected of an educated person. The test will also include questions relating to India and its neighbouring countries especially pertaining to History, Culture, Geography, Economic Scene, General policy and scientific research. For VH candidates of 40% and above visual disability and opting for SCRIBES there will be no component of Maps/Graphs/Diagrams/Statistical Data in the General Intelligence & Reasoning / Quantitative Aptitude


Courtesy:sapost.