Date : 31.8.2017
Application Form for MTS Examination 2016-2017 to be held on 08-10-2017 from GDS : Andhra Pradesh Circle
Thursday, 31 August 2017
Application Form for Postman/Mail Guards Examination2016-2017 to be held on 8.10.2017 from MTS/GDS : Andhra Pradesh Circle
Date : 31.8.2017
Application Form for Postman/Mail Guards Examination2016-2017 to be held on 8.10.2017 from MTS/GDS : Andhra Pradesh Circle
Wednesday, 30 August 2017
Recruitment of Postmen/MailGuards for the year 2016-2017 from GDS and MTS : AndhraPradeshCircle.
Date : 30.8.2017
Recruitment of Postmen/MailGuards for the year 2016-2017 from GDS and MTS : AndhraPradeshCircle.
Holding of Limited Departmental Competitive Examination for filling the posts of Postmen/Mail Guards for the year 2016-2017 from GDS and MTS - Reg.
Recruitment of MTS from GDS : Andhra Pradesh Circle Notification.
Date : 30.8.2017
Recruitment of MTS from GDS : Andhra Pradesh Circle Notification.
Holding of Limited Departmental Competitive Examination for filling the MTS vacancies under 25% quota of vacancies among GDS and for Recruitment of MTS (Sepoy/Packer) for Army Postal Service to the extent of 25% of vacancies for 2016-2017.
Suggestions related to Welfare Schemes : Department of Posts
Date : 30.8.2017
Suggestions related to Welfare Schemes : Department of Posts
Suggestions related to welfare Schemes-Please go throw linked letter No. 1-01/2017-WL & Sp dated 29.08.2017 on the above subject,our colleagues are requested to send suggestions/inputs to our Federation on or before 02.09.2017.
D.Theagarajan
Secretary General
FNPO.
Minutes of the 12 th meeting of Postal Services Staff Welfare Board (PSSWB)held on 22.08.2017
Date : 30.8.2017
Minutes of the 12 th meeting of Postal Services Staff Welfare Board (PSSWB)held on 22.08.2017 under the Chairmanship of Hon'ble Minister of State for Communication (I/C)
Monday, 28 August 2017
National Union Representation to Government of Telangana : Negotiating with the Department of Posts and Central Government of India to amend the Rule 3A(i) of GDS Conduct & Engagement Rules,2011
Date : 28.8.2017
National Union Representation to Government of Telangana : Negotiating with the Department of Posts and Central Government of India to amend the Rule 3A(i) of GDS Conduct & Engagement Rules,2011
National Union Of Gramin Dak Sevaks : Circular
Date : 28.8.2017
National Union Of Gramin Dak Sevaks : Circular
National Union Warm welcome to Smt &Sri D.Kishanrao General Secretary, NAPE group-c, CHQ
Date : 28.8.2017
National Union Warm welcome to Smt &Sri D.Kishanrao General Secretary, NAPE group-c, CHQ
💐💐💐Warm welcome to Smt &Sri D.Kishanrao General Secretary, NAPE group-c, CHQ returning to motherland after participating in Post & Logistic Sectoral Conference from 25-8-17 to 27-8-17 at Koulalamur, Malaysia. 💐💐💐
Sivaji Vasireddy, CH.Laxmi Narayana
CS AP circle & CS AP Circle &
AGS NAPE GC CHQ. President NUGDS , CHQ
Saturday, 26 August 2017
National Union only discussed GDS Status and made a proposal to amend the 5hours condition in the International Conference.
Date : 26.8.2017
National Union only discussed GDS Status and made a proposal to amend the 5hours condition in the International Conference.
NUGDS General Secretary presentation regarding GDS Structure, Salaries, Welfare Schemes in the UNI APRO Post and Logistic Sectoral Conference today in Kaulalampur , Malaysia.
National Union (FNPO) requested UNI APRO that the Sectoral Conference of Post & Logistic will consider our Representation and take all necessary steps for bringing better livelihood for all GDS and his/her family members.
#We _fight for_ #GDS #We _made #proposal for #GDS
#We _only #able _to #solve _the #problems _of #GDS
We committed for removal of Rule 3A(i) of GDS Conduct&Engagement Rules, 2011.
CH.Laxmi Narayana
Circle Secretary AP
President ,NUGDS (CHQ)
Recruitment of meritorious Sports Persons for the year 2015-2016 : Telangana Circle
Date : 26.8.2017
Recruitment of meritorious Sports Persons for the year 2015-2016 : Telangana Circle
Friday, 25 August 2017
Postinfo v1.9 Update - Department Posts Android Mobile Application
Date : 26.8.2017
Postinfo v1.9 Update - Department Posts Android Mobile Application
What's new in version 1.9 ?
1. Interest rates updated.
2. GST updated.
3. PLI/RPLI bonus rates updated.
4. New Online Tracking.
5. New Online Pincode Search.
6. New Online Postage Calculator.
Postinfo, the citizen centric android Mobile application of Department of Posts developed by Centre for Excellence in Postal Technology .The app provides the following facilities
1) Tracking
2) Post office search
3) Postage Calculator
4) Insurance premium calculator
5) Interest calculator
Banks are cutting interest rate on savings account
Date : 26.8.2017
Banks are cutting interest rate on savings account
Knowing Minimum average balancerequirement of your bank savings account is important because ideally you should only keep emergency funds in the savings account and move the rest to liquid debt mutual fund or other investments yielding higher returns.
This has assumed greater importance in the wake of a large number of banks cutting interest rates on savings accounts which means that unused funds lying idle in these will earn even less than before. This move by banks has brought the need to optimise the amount of funds kept in bank savings accounts into sharper focus.
Since October 2011, most banks barring few private banks were offering interest rate of 4 percent in these savings accounts. However, recently, banks have started reducing interest rate on savings account.
The first salvo was fired by none other than the country's largest bank. On 31st July, 2017, State Bank of India slashed its interest rate on savings account deposits by 50 basis points to 3.5 per on balance of Rs 1 crore and below. Subsequently, eleven more banks have reduced the savings bank account interest rate and more could be expected to follow soon.
Here are some of the banks that have reduced rates from the earlier rate of 4 percent for most deposits.
Differentiating features in savings account
According to RBI rules, interest on savings account (for resident rupee accounts) shall be calculated on a daily basis and will be a uniform interest rate on balance up to Rs 1 lakh, irrespective of the amount in the account within this limit. Also, banks may offer differential rates of interest on balance above Rs 1 lakh.
Therefore, a bank may have a specific rate up to Rs 1 lakh, while a different rate for balance between Rs 1 lakh and Rs 50 lakh or Rs 1 crore. Some banks do not differentiate and may have a flat rate up to Rs 50 lakh or Rs 1 crore. Therefore, choose to go with a bank based on the average balance being maintained in your account.
The interest in the savings account of scheduled commercial banks is calculated on daily basis and is credited to the account on quarterly basis. The banks are allowed to credit interest at shorter interval too.
Banks may insist on maintenance of a monthly average balance ( MAB). If the average is not maintained at the end of that period, there could be a penalty. As a savings bank account holder, one needs to keep an eye on the average balance limits as set by the bank. Some banks have a low limit of Rs 1,000 while some may have Rs 5,000.
In addition there could be several other differentiating features like a higher limit for free usage of ATM etc.
As the minimum balance requirement of bank savings account has to be met to avoid penalties therefore one should know how it is calculated in order to ensure that this requirement is met while optimising the amount of funds kept in a savings account.
Monthly Average Balance: Calculation
Here's how to calculate the monthly average balance for bank savings accounts:
Say, a bank asks to maintain Rs 5,000 as monthly average balance.
Let's say how MAB will be calculated for August.
On 1st August, the balance in the account is Rs 4,000
On 12th August, withdrawal of Rs 3,000 take place
On 18th August, deposit of Rs 9,000 takes place
From 1st August to 12th August i.e. 11 days, total balance will be Rs (4000*11) = Rs 44,000
From 12th August to 18th August, total balance will be Rs (1000*6) = Rs 6,000
From 18th August to 31st August, total balance will be Rs (10000*13) = Rs 1.3 lakh
So, total balance comes to Rs 1.8 lakh and the average for 31 days will be Rs 5,806, which is above the required limit and hence no penalty will be levied. For calculating the number of days, it is based on day's closing balance.
Conclusion :
Keeping idle funds in the savings account should be to take care of emergency needs. Most financial planners suggest keeping at least 6 months of household expense as emergency funds. One may keep an amount equal to three months of such needs in savings account and the rest in short term or liquid funds.
In order to reduce their cost of funds, banks have started offering lower interest rate in their savings account. As an account holder, it's time for you to take an equally informed decision to divert funds from savings account to high yield investments to make your liquid money earn more.
Economic Times
Wednesday, 23 August 2017
GDS Pay Commission Report : Latest News : FNPO
Date : 23.8.2017
#GDS #Pay #Commission #Report : #Latest #Position : #FNPO
GDS file is still with MOF, last week Department replied to all the queries raised by the MOF. It is expected that the MOF may clear the file within fifteen days. Other formalities may take ten to twenty days. We expect that GDS commission report will be implemented either in the last week of September or in the First week of October 2017.
D.Theagarajan
Secretary General
FNPO
Andhra Pradesh Circle GDS Results
Date : 23.8.2017
Andhra Pradesh Circle GDS Results
Selected Candidates list now available in appost.in <gdsonline.
National Union Meeting with Sri.S.Niranjan Reddy , Hon'ble Vice Chairman , Telangana State Planning Board.
Date : 23.8.2017
National Union Meeting with Sri.S.Niranjan Reddy , Hon'ble Vice Chairman , Telangana State Planning Board.
Today NUGDS delegation CH.Laxmi Narayana C/S AP Circle , I.Vasantha Rao C/S Telangana , P.Rajendar Reddy President Telangana and K.V.Ramana Dep.C/S Telangana met Sri.S.Niranjan Reddy , Vice Chairman , Planning Commission at Telangana Secretariat and discussed regarding GDS problems in Telangana State and submitted a detailed Memorandum for requesting Provision of Common Man Facilities i.e.Medical , Housing , State Government Pension.
Lakhs of the GDS employees dream and wish brutally buried by GS AIGDS again
Date : 23.8.2017
Lakhs of the GDS employees dream and wish brutally buried by GS AIGDS again
Lakhs of the GDS employees dream and wish brutally buried by GS AIGDS again
AIGDS union has no belief on secretary postal board, DG and Members. They are right from the beginning saying same thing " not to go on strike issue pending with finance minister, at this stage we can't do anything thing". But so-called great leaders went to stroke called of strike on negotiation with PA of communication minister without getting any agreement except loss of 7 days salary of poor GDS. Really it is shameful thing . Lakhs of the GDS employees dream and wish brutally buried by GS AIGDS again............. So let GDS should realise why he given strike ? For the welfare of GDS or for Membership game?
Sivaji Vasireddy
Asst.General Secretary
NAPE Group 'C'.
Tuesday, 22 August 2017
A Big Melo Drama was ended as we expect : Statement by National Union
Date : 22.8.2017
A Big Melo Drama was ended as we expect : Statement by National Union
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