PROTEST & DEMONSTRATION DAY
Post Office Small Savings Schemes helps to support the Social Security objectives at the same time, helping as a tool of resource mobilization for the Govt. and who also provides slightly high interest rate for these schemes compared to the average interest in other financial instruments (other than Post offices).
So, it is crystal clear that present Central Govt. is proceeding against the common people by sudden attack on household savings in India by pushing aside the Post offices and released notification permitting all Nationalized Banks and I.C.I.C.I. Bank, Axis Bank, HDFC Bank (Private Sector) to accept the deposits for NSC, KVP, RD, MIS, SCSS, SSA and Time deposit w.e.f. 10.10.2017.
It is a great attack on job security of Postal Employees and intention to stop the new recruitment in future. The NFPE has taken a right step by endorsing Protest Day on 23.10.17. The AIPSBCOEA being a Constituent of NFPE will participate in mass protest demonstration at all Head Post Offices in the entire Country with full enthusiasm on 23.10.2017.
Happy Dhanteras & Deepawali to all.
General SecretaryThe Circular issued by Secretary General NFPE Com. R.N. Parashar is as under :-
POST OFFICE SMALL SAVINGS SCHEMES
UNDER HEAVY ATTACK
GDS MEMBERSHIP VERIFICATION PROCESS STOPPED.
IMPLEMENTATION OF GDS COMMITTEE REPORT DELAYED FOR ONE YEAR, STILL PENDING WITH FINANCE MINISTRY.
HOLD PROTEST DEMONSTRATIONS AT ALL CENTRES AND IN FRONT OF ALL OFFICES ON 23.10.2017.
FEDERAL SECRETARIAT WILL MEET AND DECLARE FURTHER COURSE OF ACTION.
Government has unleashed a sudden and most damaging attack on Post office Small Savings Schemes. Notifications are already issued permitting all Nationalised Banks and three Private Banks ( ICICI Bank , AXIS Bank and HDFC Bank) to accept deposits for all Small Savings Schemes viz ; Recurring Deposit (RD) , Time Deposits (TD) , Monthly Income Scheme (MIS) Senior Citizen Savings Scheme (SCSS) , Sukanya Samridhi Account (SSA) , Kisan Vikas Patra (KVP) and National Savings Certificate (NSC VIII issue) with effect from 10th October 2017.
This is a great blow to the Post office Small Savings Schemes and will be a threat to the job security of Postal Employees and also MPKBY /SAS Agents. About 40% of the Revenue and about 50% of the workload of Post office depends on the Post office Small Savings Schemes. Outsourcing of POSSS work to Banks will result in steady fall in Revenue and Workload of Postal Department.
GDS Committee Report , though submitted to Govt on 24th November 2016 , is still pending with Finance Ministry for approval. GDS Membership verification process has been suddenly stopped by the Government.
Overall situation in Postal Department is worsening day by day and resentment of the Employees is mounting.
NFPE CHQ views the above situation with grave concern and calls upon the entirety of Postal and RMS employees including GDS and Casual labourers to conduct mass protest demonstrations at all Centres and in front of all offices on 23rdOCTOBER 2017.
Urgent meeting of NFPE Federal Secretariat to be held shortly will announce further course of action.