Monday, 29 August 2016
Date : 29.8.2016
MEMORANDUM SUBMITTED TO THE MINISTRY OF LAW AND JUSTICE
BY
NATIONAL UNION OF GRAMEEN DAK SEVAKS
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MEMORANDUM SUBMITTED TO THE MINISTRY OF LAW AND JUSTICE
BY
NATIONAL UNION OF GRAMEEN DAK SEVAKS
CLICK HERE TO VIEW 1st FILE
CLICK HERE TO VIEW CHAPTER
Bharat Bandh on Sept. 2: Unions refuse to call off strike
Date : 29.8.2016
Bharat Bandh on Sept. 2: Unions refuse to call off strike
1. Central trade unions have given a Bharat Bandh protest call on September 2 in support of their 12-point charter of demands that include a minimum wage of Rs. 18,000 per month in the unorganised sector, a stop to what the unions call "mass-scale privatisation of permanent and perennial works" and the "onslaught on basic rights of the workers through the so-called labour law reforms" and compulsory registration of trade unions within a period of 45 days from the date of submitting application and immediate rectification of International Labour Organisation (ILO) conventions C-87 and C-98.
2. Union Labour minister Bandaru Dattatreya had on Friday urged the central trade unions (CTUs) to reconsider their decision to go onstrike. The trade unions rejected the request on Saturday saying the government had failed to address their demands.
3. Replying to Dattatreya's letter, All India Trade Unions Congress (AITUC) and the Centre of Indian Trade Unions (CITU) said the status report on the demands is "almost the same as that you circulated exactly one year ago, in the joint meeting with the CTUs held on August 26-27, on the eve of the general strike in 2015".
4. Power and Coal minister Piyush Goyal and Dattatreya on Saturday held meetings with senior labour ministry officials over the proposed countrywide strike. Goyal and Dattatreya are part of the five-member ministers' panel on labour issues, which is chaired by Finance minister Arun Jaitley, to talk to the CTUs over the 12-point charter of demands.
5. The panel had recently held two rounds of discussions with RSS-affiliate Bhartiya Mazdoor Sangh (BMS), which has been criticised by other unions for holding such "exclusive discussions".
6. Last year, too, when the unions had called for a strike on September 2, the BMS had opted out of it after the government had given assurances to consider nine of the 12 demands. This year, too, the BMS is holding back on its decision to join the strike, anticipating a positive response from the government.
7. The ministerial panel last met all the unions on 26-27 August 2015. The unions had requested Dattatreya in July this year to hold a meeting with them again to consider the demands, but no such meeting was convened.
8. CITU general secretary Tapan Sen has told PTI that there is no question of withdrawing the strike call. Indian National Trade Union Congress (INTUC) vice president Ashok Singh, too, said that the decision to go ahead with strike stands. The AITUC has said, "AITUC along with other CTUs finds it difficult to accept your (government's) request for reconsideration of call of protest strike on September 2, 2016. The decision to go on strike stands."
9. West Bengal Chief Minister Mamata Banerjee has opposed the strike call and has warned of strict action against those indulging in arson and violence.
10. "We will not allow any bandh in the state on September 2. We will keep everything open. Vehicles will ply and shops will open. If vehicles and shops are damaged (by bandh supporters), we will take strong action. We will also give compensation... If they want, they can go to Delhi and stage dharna to register their protest," Mamata has said.
Source :OneIndia News
Sunday, 28 August 2016
Government may relax ‘creamy layer’ norms for OBC reservation
Date :28.8.2016
Government may relax ‘creamy layer’ norms for OBC reservation
The Mandal Commission was established in India in 1979 by the Janata Party government under Prime Minister Morarji Desai with a mandate to "identify the socially or educationally backward.
As per Mandal Comission report, in 1980 OBCs constituted 52 per cent of India’s population.The panel’s report was based on the 1931 census.
Almost 27 per cent of seats in government jobs and educational institutions are reserved for OBCs provided the annual income of the family is up to Rs 6 lakh and those who earn above that are referred to as the ‘creamy layer’ and are not eligible for reservation.
The National Comission for Backward Classes (NCBC) Member Ashok Saini told media that the panel had recommended more than doubling the income ceiling to Rs 15 lakh.
“Even two decades after reservation (was introduced), out of 27 per allocated quota, it has been seen that only 12-15 per get utilised. As per our analysis, the major reason behind this is the ceiling on annual income,” Saini said.
Now the Social& Justice Ministry is working on a proposal to raise the annual income ceiling of OBCs to Rs 8 lakh, according to official sources.
With a large number of vacancies in government jobs meant for Other Backward Classes (OBCs) remaining unfilled for want of candidates, the government is mulling relaxing the ‘creamy layer’ criterion by raising the income ceiling to Rs 8 lakh annually.
Raising the ceiling would result in a larger pool of candidates eligible for government jobs and seats in educational institutions.
The National Sample Survey Organisation had in 2006 pegged the OBC population at 41 per cent.
C/S NOTE:
We appreciate the Ministry for providing the Social Justice to the OBC.
Why can't
the Ministry interfere in the GDS case even after submission of a detailed Memorandum on behalf of NUGDS.
Government may relax ‘creamy layer’ norms for OBC reservation
The Mandal Commission was established in India in 1979 by the Janata Party government under Prime Minister Morarji Desai with a mandate to "identify the socially or educationally backward.
As per Mandal Comission report, in 1980 OBCs constituted 52 per cent of India’s population.The panel’s report was based on the 1931 census.
Almost 27 per cent of seats in government jobs and educational institutions are reserved for OBCs provided the annual income of the family is up to Rs 6 lakh and those who earn above that are referred to as the ‘creamy layer’ and are not eligible for reservation.
The National Comission for Backward Classes (NCBC) Member Ashok Saini told media that the panel had recommended more than doubling the income ceiling to Rs 15 lakh.
“Even two decades after reservation (was introduced), out of 27 per allocated quota, it has been seen that only 12-15 per get utilised. As per our analysis, the major reason behind this is the ceiling on annual income,” Saini said.
Now the Social& Justice Ministry is working on a proposal to raise the annual income ceiling of OBCs to Rs 8 lakh, according to official sources.
With a large number of vacancies in government jobs meant for Other Backward Classes (OBCs) remaining unfilled for want of candidates, the government is mulling relaxing the ‘creamy layer’ criterion by raising the income ceiling to Rs 8 lakh annually.
Raising the ceiling would result in a larger pool of candidates eligible for government jobs and seats in educational institutions.
The National Sample Survey Organisation had in 2006 pegged the OBC population at 41 per cent.
C/S NOTE:
We appreciate the Ministry for providing the Social Justice to the OBC.
Why can't
the Ministry interfere in the GDS case even after submission of a detailed Memorandum on behalf of NUGDS.
Right To Information (RTI) Act 2005
Date : 28.8.2016
Right To Information (RTI) Act 2005
It enacted by Parliament in the Fifty-sixth Year of the Republic of India as follows:—
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Saturday, 27 August 2016
51 post offices in TS, AP to be payments bank branches
Date : 28.8.2016
51 post offices in TS, AP to be payments bank branches
Hyderabad: A total of 51 Post Offices (POs) in Telangana State and Andhra Pradesh have been identified for functioning as payments bank branches, providing a slew of services, including distribution of financial products. These offices - 34 in Andhra Pradesh and 17 in Telangana - will operate as branches of India Post Payments Bank (IPPB).
IPPB came into existence after it received certificate of incorporation from the Registrar of Companies, setting the stage for the new bank to start operations in 2017. Similarly, 17 POs have been identified for IPPB branches in Telangana. Of these, Hyderabad GPO will be operational as IPPB branch by March 2017 and remaining 16 by September 2017, Rai said.
The benefits of IPPB include doorstep banking through postmen and Grameen Dak Sewaks, distribution of third party financial products like loans, insurance, pension products, mutual funds, international and domestic remittances, payment of utility bills, municipal dues, fees, government payments, taxes, DBT and MNREGA disbursements, among others.
"IPPB will drive the benefits of financial inclusion by bringing a host of financial products to suit the needs of different strata of society with special focus on the marginalised sections rural areas," Rai added.
Centre will meet Trade Unions to iron out differences over Increasing Proportion of the EPF to be Invested in the Stock Market.
Date : 28.8.2016
Labour ministry officials, led by Minister Bandaru Dattatreya, will meet trade unions in the second week of September to iron out differences over increasing proportion of the Employees’ Provident Fund (EPF) to be invested in the stock market.
Centre will meet Trade Unions to iron out differences over Increasing Proportion of the EPF to be Invested in the Stock Market.
EPF- Centre will meet Trade Unions to iron out differences – The government is firm on increasing the proportion of investment from provident fund corpus in equity markets via ETF.
The government is firm on increasing the proportion of investment from provident fund corpus in equity markets via the exchange traded fund (ETF) route to 10 per cent, from the current 5 per cent.
A senior labour ministry official said, “It is almost certain that the quantum of investment will go higher. The finance ministry has already allowed Employees’ Provident Fund Organisation (EPFO) to invest up to 15 per cent. Even without the approval of trade unions, it can be taken forward.” According to the official, the impending strike on September 2 was stopping the government from making any announcement over Increasing Proportion of the EPF to be Invested in the Stock Market, hence it wants to consult the trade unions unions before taking the decision.
According to a report prepared by the Financial Investment and Audit Committee (FIAC) of EPFO, the current allocation of 5 per cent of incremental flows to equity may not be adequate for meaningful contribution to the overall portfolio return of EPFO. “Equity currently constitutes less than 1 per cent of EPFO’s total corpus, compared with the global average of 30 per cent. At current allocation of 5 per cent, it may take around 15 years for equity investment to become 5 per cent of EPFO’s total corpus,” the report said.
The expert group recommended the allocation to equity can be made 10 per cent in the current financial year. The committee even said going forward, an allocation of over 10 per cent to equity may be considered based on experience and market conditions.
In the last financial year, the EPFO entered the stock market for the first time following a suggestion by the finance ministry.
EPFO had started investing up to 5 per cent of its investible deposits in ETFs in August last year. So far, the body has invested Rs 7,468 crore in two ETFs till July-end and has attained a return of 7.45 per cent. Of the total amount, 75 per cent is being investment in the Nifty and the remaining 25 per cent in the BSE.
Earlier, in an interview, Dattatreya had hinted the government might invest a higher proportion of EPF money in ETF. “Naturally, it will go higher. We have called portfolio managers and stock analysts and seen their presentations,” he had said.
Source: BS
Friday, 26 August 2016
Date : 27.8.2016
Centre Plans to Shut Seven PSU at ONE GO –The government is set to seek formal Cabinet approval for shutting down seven state-owned companies.

The government is set to seek formal Cabinet approval for shutting down seven state-owned companies, with their respective line ministries apparently agreed. This would be the first time that approvals for closing so many public sector undertakings (PSU) is being sought in one go
.
Centre Plans to Shut Seven PSU at ONE GO –The government is set to seek formal Cabinet approval for shutting down seven state-owned companies.
These PSU are part of the larger list of 74-loss making state-owned units. Among them are likely to be Bird Jute and Exports, Hindustan Papers, Hindustan Photo Films, Tyre Corporation and Richardson & Cruddas.
However, a biggest surprise here is, Hindustan papers, Tamil Nadu state owned Tamil Nadu Papers Limited (TNPL) is running under huge profit and it is expanding its ongoing projects. Experts feel it is all based on the management, and most of the PSUs incur loss because of poor management.
The NITI Aayog had earlier given a list of eight PSU for closure to the government and the ministry of disinvestment, after deciding these were unfit for revival. However, top sources said that in one case, the line ministry did not agree to the procedure and hinted at possible revival, due to which it has left out for now.
The remaining seven have been incurring heavy losses for at least three years. The line ministries will now prepare a detailed plan for its closure.
“Some of these companies have been discussed for quite some time. Instead of seeking separate approvals through a cabinet note for each, it has been decided to send a number of names for approvals in one go,” said a senior official. “The line ministries agree that these companies cannot be revived and need to be shut down.”
The detailed plan will include identification of assets to be liquidated and the compensation for employees. The Aayog had made two lists of sick PSUs, one comprising those that could be closed down and the other of those where the government could divest its stake.
It is also in the process of preparing a list of PSUs for strategic sale or privatisation. Finance Minister Arun Jaitley in his Budget 2016-17 speech had said the Aayog would identify such PSUs.
The government aims to collect Rs 56,500 crore through disinvestment in PSUs this financial year. Of this, Rs 36,000 crore is estimated to come from minority stake sale in PSUs and the remaining Rs 20,500 crore from strategic sale in both profitable and loss-making companies.
In 2015-16, the government was able to meet less than half of the disinvestment estimate, at Rs 25,312 crore against the target of Rs 69,500 crore. None of that came from strategic sale, for which it had targeted Rs 28,500 crore. It had raised Rs 32,620 crore in 2014-15 by selling stake, mostly minority stake in public companies, of Rs 24,262 crore in 2013-14 and Rs 25,890 crore in 2012-13.
Source: BS
Date : 26.8.2016
UPI allows you to transfer money without knowing the bank account. Here’ how...
On Thursday, the RBI approved the Unified Payment System (UPI), a common platform which links your bank account number to a virtual payment address, effectively making money transfer as easy as an SMS.(AFP)
Send money up to Rs 1 lakh to any bank account through your mobile without entering debit/credit card details, netbanking/wallet password or even knowing the receiver’s account number. This is not magic, it is called Unified Payment System.
Launched by retail payment platform National Payments Corporation of India (NPCI) - backed by the RBI, the UPI app user need not remember the 15-digit bank account number or the 11-digit IFSC code (used to identify bank branches).
Instead of account details, the receiver can merely share a virtual address, which can be your name, or your phone number and the sender can transfer money. For example, if your name is abc, the your virtual address could be abc@axisbank or abc@icicibank; if your phone number is 1234567890, then your virtual address could be 1234567890@axisbank or 1234567890@icicibank and so on.
On Thursday, the RBI approved the Unified Payment System (UPI), a common platform which links your bank account number to a virtual payment address, effectively making money transfer as easy as an SMS.
From next week, almost 21 banks will be ready with the UPI mobile app that will allow to link and access multiple bank accounts through a single address.
Built on the IMPS (Immediate Payment Service) platform, the transaction limit for UPI is set at Rs 1 lakh per transaction and for IMPS it is Rs 2 lakh.
After the RBI’s final approval, NPCI had decided that only the banks with 1000 pilot customers, 5000 transactions and success rate of around 80% would be permitted to go live.
List of Banks going live with UPI:
• Andhra Bank, Axis Bank, Bank of Maharashtra, Bhartiya Mahila Bank, Canara Bank, Catholic Syrian Bank, DCB Bank, Federal Bank, ICICI Bank, TJSB Sahakari Bank, Oriental Bank of Commerce, Karnataka Bank, UCO Bank, Union Bank of India, United Bank of India, Punjab National Bank, South Indian Bank, Vijaya Bank and Yes Bank.
Issuers:
• IDBI Bank and RBL Bank are on-boarded as issuers. It enables their customers to download any UPI enabled Apps mentioned above and link their account
Date : 26.8.2016
We can’t bring Ram Rajya: Supreme Court
“We want to do various things but we cannot do. Our capacity to do things is limited. This is a problem,” the bench said.
The Supreme Court Friday said it cannot order establishment of ‘Ram Rajya’ in the country and that it had “limited capacity” to change things. “Do you think with our directions, everything will be done? Do you (petitioner) think we will pass an order that there will be no corruption in the country and all corruption will go? Should we pass an order that there will be ‘Ram Rajya’ in the country? It cannot be like this,” said a bench led by Chief Justice of India T S Thakur.
“We want to do various things but we cannot do. Our capacity to do things is limited. This is a problem,” the bench, also comprising Justices A M Khanwilkar and D Y Chandrachud, said while hearing a PIL on the problem of encroachments on roads and footpaths across the country.
The apex court’s observation came when petitioner NGO Voice of India complained of inaction by the authorities to prevent hawkers and roadside vendors from encroaching public space. “If this court does not take any action or pass any direction, then who will?” NGO’s chairman Dhanesh Kumar submitted before the bench while adding he could not go to each and every high court with this plea.
“But we cannot go by an assumption that everything in the country is wrong…you can educate the people about this,” responded the bench, while adjourning the matter for February next year.
We can’t bring Ram Rajya: Supreme Court
We can’t bring Ram Rajya: Supreme Court
“We want to do various things but we cannot do. Our capacity to do things is limited. This is a problem,” the bench said.
The Supreme Court Friday said it cannot order establishment of ‘Ram Rajya’ in the country and that it had “limited capacity” to change things. “Do you think with our directions, everything will be done? Do you (petitioner) think we will pass an order that there will be no corruption in the country and all corruption will go? Should we pass an order that there will be ‘Ram Rajya’ in the country? It cannot be like this,” said a bench led by Chief Justice of India T S Thakur.
“We want to do various things but we cannot do. Our capacity to do things is limited. This is a problem,” the bench, also comprising Justices A M Khanwilkar and D Y Chandrachud, said while hearing a PIL on the problem of encroachments on roads and footpaths across the country.
The apex court’s observation came when petitioner NGO Voice of India complained of inaction by the authorities to prevent hawkers and roadside vendors from encroaching public space. “If this court does not take any action or pass any direction, then who will?” NGO’s chairman Dhanesh Kumar submitted before the bench while adding he could not go to each and every high court with this plea.
“But we cannot go by an assumption that everything in the country is wrong…you can educate the people about this,” responded the bench, while adjourning the matter for February next year.
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