10 YEAR NSC- NOTIFICATION ISSUED

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Monthly Meeting with Divisional Head

Monthly Meeting for the month of November 2011 with Divisional Head is scheduled on 22.11.2011. Following members from staff side will attend the meeting :
1.Sh.Dharam Pal Singh, Divisional Secretary NAPE Group 'C' Jalandhar Dn.
2.Sh.Chandan Kalra, P.A Jalandhar City HO
3.Sh.Saurabh Mittal, O.A Jalandhar Division
The following items has been laid down to be discussed in the meeting.
1.Supply of Copy of D.O.W of Jalandhar Cantt HO
2.MACP cases pending in r/o many employees of Jalandhar Dn.
3.Status of items pending since long time.
4.Extension of Working hours of P&T Dispensary Jalandhar and it should work in two shifts i.e Morning and Evening.
The minutes of the meeting will be posted after the meeting.

ASPs PROMOTIONS TO PS GR- B

Following ASPs of Punjab Postal Circle have been elevated to PS Group "B" on  the basis of recently held DPC. 

Sl.No	Name of Officer S/Sh.	DOB	CASTE	CIRCLE Allottted	BATCH
1	SMT SHASHI BALA	26.11.56	OC	Haryana	1987
2.	K. PAUL DUTTA	16.11.56	OC	Haryana	1987
3	INDERJIT SHARMA	17.01.59	OC	Haryana	1987
4	DILBAGH SINGH SURI	01.04.60	OC	Haryana	1988
5	GURDEV SINGH	24.08.60	OC	Haryana	1988
6	BALJINDER SINGH	18.10.55	OC	Haryana	1988
7	MOHINDR SINGH	05.04.53	OC	PUNJAB	1988
8	AMARJIT SINGH	16.05.60	OC	Haryana	1988
9	M.L.GULATI	08.12.52	OC	PUNJAB	1988
10	UJJAGAR SINGH	10.07.58	OC	Uttarakhand	1988
11	DEV RAJ RATARA	14.04.54	OC	Haryana	1988
12	R.KUMAR JOSHI	30.06.57	OC	J&K	1988
13	R. DASS KALIA	01.01.53	OC	PUNJAB	1988
14 15	PARKASH SINGH MOHINDER PAL	08.04.60 13.02.53	SC SC	J&K PUNJAB	1989 1989

IP/ASP Association Punjab wishes all the officers a success in their life. 

Small saving schemes to earn you higher returns

HT Correspondent, Hindustan Times
New Delhi, November 11, 2011

In times of high prices, here's something to cheer small savers.


The government on Friday increased interest rates on a range of popular post office saving schemes, a move that will not only make these instruments more rewarding for millions of small investors who depend on 

them, but also make more cash available to a government running low on funds this year.

While middle class Indians rely on small investment options offered at post offices for social security, the government depends on this pool of money, also called the National Small Savings Fund (NSSF), to part finance its budget.

While post office savings accounts (POSA) will fetch 4% annually, up from 3.5%, the monthly income scheme (MIS) and the public provident fund (PPF) will earn an interest of 8.2% and 8.6% respectively, up from the present 8%.

But don't invest just yet - the new rates will be effective from December 1, 2011.

The government, however, decided to discontinue the Kisan Vikas Patra (KVP) and lowered the maturity period for MIS and national savings certificate (NSC) to five years from the existing six years.

It also introduced a new instrument - the 10-year-maturity NSC - offering 8.7%.

The annual investment ceiling in PPF savings has been increased to Rs 1 lakh from the present limit of Rs 70,000, but made loans against PPF costlier, doubling the interest to 2% a year.

The postal department runs small savings schemes that are a major source of borrowings by the government.

These had been losing sheen with the attractive interest rates on offer on bank deposits.

The government had constituted a committee on July 8, 2010, headed by Shyamala Gopinath, then deputy governor of the Reserve Bank of India, for a comprehensive review of government-administered small savings.

"The terms of reference of the committee included review of the existing parameters for the small saving schemes in operation and recommend mechanisms to make them more flexible and market linked," a late evening government notification said
.

NAPE Group'C' Jalandhar Division wishes all of you a very Happy Gurupurab

Ms. Manjula Prasher is new Secretary, Posts

Ms. Manjula Prasher, an IPoS (1976) has taken over the charge of the Secretary (Posts)/ Chairperson, PSB/ DG (Posts), Department of Posts, Dak Bhawan, New Delhi-110001 wef 01.11.2011F.N.