Monday, September 30, 2013
Wednesday, September 25, 2013
7th CENTRAL PAY COMMISSION
ANNOUNCED BY THE GOVERNMENT
Central Government today announced the constitution of the 7th CPC. Confederation of Central Government Employees and workers alongwith NFPE has been demanding appointment of 7th CPC right from 2011 onwards. We have conducted continuous agitational programmes including Parliament March and also one day nationwide strike on 12th December 2012. After 12th December Strike we have decided to go for indefinite strike and strike ballot is also announced. We congratulate the entire Central Government employees who rallied behind Confederation. Confederation is the only organization which has conducted serious agitation demanding constitution of 7th CPC.
Government has not yet announced the Chairman, Committee members etc of the 7th CPC and also terms of reference. Further our demand for merger of DA, giving effect from 01.01.2011, inclusion of three lakhs Gramin Dak Sevaks under the purview of 7th CPC, granting DA merger to GDS and settlement of other demands in the 15 points Charter of Demands are also pending. Before announcing the terms of reference of 7th CPC. If Government is not ready to accept our above demands, Confederation National Executive will meet shortly and shall decide for further course of action.
ANNOUNCEMENT OF 7TH CPC IS ONE STEP FORWARD AND IT IS THE VICTORY OF THE WORKERS WHO FOUGHT FOR IT.
Friday, September 20, 2013
Friday 20 September 2013
CONFEDERATION CIRCULAR NO. 7/2013 DATED - 20.09.2013
CIRCULAR NO. 7/2013 DATED – 20.09.2013
DATES CHANGED TO 11, 12 & 13 NOVEMBER 2013
MAKE CAMPAIGN PROGRAMME BY CHQ LEADERS A GRAND SUCCESS
The available members of the Confederation National Secretariat met at New Delhi on 19.9.2013 to review the preparation made for the strike Ballot campaign, which is, scheduled to be organised on 25th, 26th and 27th September, 2013. The meeting took note of the fact that certain states and some organisations have not yet initiated steps to conduct the programme with full participation of the members. It was also reported at the meeting that some of the affiliates have practical problem in adhering to the dates and the house was of the unanimous opinion that the date might be deferred. Accordingly the dates for strike ballot have now been shifted to 11th, 12th and 13th November, 2013 (Monday, Tuesday and Wednesday) and the Confederation National Secretariat members will undertake intensive campaign programmes to mobilise the rank and file of the membership. The names of Comrades who are deployed to various States are indicated in the list enclosed. The State Secretaries and the affiliated organisations are requested to get in touch with the concerned Secretariat members to fix up the dates. The National Secretariat will meet at Mumbai on 15th November, 2013 to review the strike ballot campaign programme and chalk out future course of action.
AUSTERITY DRIVE OF THE GOVERNMENT
BAN ON CREATION AND FILLING UP OF POSTS
CONDUCT MASS DEMONSTRATION ON 25.09.2013
The Government on recognition of the serious economic crisis that engulfed the Indian economy has decided to abide by the IMF prescription of imposing austerity measures. They have now imposed a total ban on recruitment, Creation of Posts and abolition of the posts which lie vacant for more than a year and such other anti-people measures. We should react to this wanton attack immediately and the Secretariat has decided to call uypon all the affiliates and State Committees to organise a massive demonstration on 25th September, 2013. At all work places and at all important centres.
CONFEDERATION NATIONAL SECRETARIAT MEMBERS DEPLOYED FOR CAMPAIGN PROGRAMME
Territorial area to be covered
Name of CHQ Office Bearers
K. K. N. Kutty,
C. P. Sobhana
Karnataka & Goa
M. S. Raja
B. Krishna Gaud
K. K. N. Kutty
K. P. Rajagopal
I. S. Dabas,
K. P. Rajagopal
I. S. Dabas
Ashok Kr. Kanojia,
K. K. N.Kutty
S. K. Vyas,
R. N. Parashar,
K. P. Rajagopal
K. K. N. Kutty
K. K. N. Kutty,
Meghalaya & Tripura
K. P. Rajagopal
Haryana & NCR (Gurgaon, Faridabad, Gaziabad, Noida, Meerut etc.)
A. K. Kanojia
I. S. Dabas
K. K. N Kutty
S. K. Vyas
Posted by NFPE
Sunday, September 8, 2013
POST BANK OF INDIA :-
It seems that the Post Bank of India (PBI) may become a reality in the near future. For the last more than fifteen years we have been told about the Post Bank and even the Parliamentary standing committee on Communications & IT has repeatedly demanded the Government for commencing Post bank. Several attempts have been made, but the Finance Ministry always took a negative stand, for one reason or the other. Majority of the bank managements including nationalized banks have been opposing the entry of the Postal department into commercial banking. The reason is obvious. They foresee a potential threat to their existence once Post Bank enters into their field and during the course of time the Post Bank may become one of the biggest Bank.
Post Bank of India will be an independent entity, separate from the current operations of small savings schemes being carried out by the Department of Posts on behalf of Ministry of Finance. Department has accordingly submitted an application to the Reserve Bank of India (RBI) on 28.06.2013 seeking banking license subject to necessary cabinet approval. RBI has said that new banks will have to set up at least three branches in villages with a population of less than 10000, for each branch they establish in other areas. Although Post Bank does not intend to open a bank in every Post office, the plan is to meet the financial inclusion goal through these Post offices. India Post had 1,54,822 Post offices across the country as on 31.03.2013, the largest for any department in the world, and close to 90% of them – 1,39,086 – are in rural India. This is more than four times the number of rural branches run by India’s Banks put together. According to plan prepared by Ernst & Young, India Post will become Post Bank of India’s banking correspondent. PBI will use Post office infrastructure but very frugally. Carefully done PBI can be a game – changer in rural areas.
India post is among 26 applicants that sought banking licenses from RBI. India Post has to develop the standards to meet RBI guidelines. In its guidelines for new banking licenses announced on 22nd February 2013, RBI required applicants to prove their eligibility on several fronts – from promoter holding to past experience to business plans. The minimum capital required by the applicants for license is Rs. 500 crores and foreign share holding in the new banks is capped at 49% for the first five years. The new banks have to be set up under a non-operative Financial Holding company (NOFHC). They also have to maintain minimum capital adequacy ratio – the ratio of risk weighed assets, a measure of financial strength of the bank – of 19 % for the first three years. New banks also need to list their shares within three years of starting operations.
The main argument put forward by those opposing the Post Bank is that Postal department has no experience when it comes to giving credit (loans). Department has only been taking deposits till now. Sanctioning and disbursing of credit needs an entirely different aptitude. India Post has no specialized experience in the business. It is reported that unlike many believe, the Post Bank of India will be a completely new entity with no legacies of a government department and very little to do with its parent department, except using some of its network. It will have an independent Board. Separate recruitment has been planned to have specialised banking staff. Of course, the Post Bank will be a subsidiary organisation of India Post, which need to be registered as a public sector Bank and Government equity in this new entity could be diluted. Whatever reforms and regulations Government implements in Nationalised Banking sector will be fully applicable to Post Bank of India also.
There are many talented and qualified Postal employees who want to switch over to the Post bank and to work as employees under the Post Bank. The reports that separate recruitment will be made for the Post Bank has cast shadow upon their hope to work in the Post Bank. NFPE demands that the existing Postal employees who want to switch over to the Post Bank shall be given chance to exercise option and if need be a trade test to assess their capability can also be conducted before selection. Selected officials can be imparted with intensive training in commercial banking business. In any case 100% open market direct recruitment is an injustice to those talented Postal employees who may not be able to apply for open recruitment due to age factor etc. we urge upon the Postal Board and Finance Ministry to give due consideration to this aspect, before the new Bank is rolled out.