No BPM post should be combined with MD/MC work

No BPM post should be combined with MD/MC work ; The MD/MC posts should be filled up on redeployment of surplus/ skeleton posts- DoP issued orders

Parivartan: IT Project News Letter from Department

REPORT ON PAY COMMISSION RECOMMENDATIONS TO BE SUBMITTED BY JUNE

New Delhi: The Empowered Committee of Secretaries, headed by Cabinet Secretary P K Sinha on the Seventh Pay Commission’s recommendations is expected to submit its report by June, official sources said.

Cabinet Secretary P K Sinha (pictured) is head the Empowered Committee of Secretaries (CoS) for processing the report of the Seventh Central Pay Commission.

The Seventh Pay Commission took 21 months to finalize the report and now the secretaries committee will take the next four to five months to review it.

The Empowered Committee of Secretaries, who will screening the Seventh Pay Commission’s recommendations to send their review to increase in basic pay for all government employees in the region of 18-20% instead of 16%, which was recommended by the Pay Commission.

Finance Ministry officials said the lower grade salaries might see a slight increase due to the commission’s recommendations in this segment is the lowest in 70 years.

“If the increase was high, it would cast a huge impact on the budget outlay. So, the increase should be little,” said an official.

There is no change will be made in highest salary while the lowest salary will be Rs 20,000 instead of the proposed Rs 18,000, said an official.

The Pay Commission also recommended for abolition of allowances and advances like risk allowance, small family allowance, festival advance, motor cycle advance.

The advantages and disadvantages of the matter will also be discussed in the review meeting.

The first meeting of Empowered Committee of Secretaries to review the commission’s report is scheduled tomorrow.

“After the first meeting, the Empowered Committee will seek suggestions from all the stakeholders for drafting of their report on the Seventh Pay Commission recommendations to address the concerns of central government employees in an effective manner,” the official said.

Accordingly, there is a high possibility that a number of points made in the report may be amended or struck off by the empowered committee for convincing every section of central government employees.

So, the Empowered Committee will need more time to convince every stakeholder before its final nod.

TST

COMMON ISSUES IN FINACLE DISCUSSED IN CIRCLE LEVEL CBS WORKSHOP AT RAJASTHAN CO

Issues encountered in changing of SOL ID of an employee. This is being done at CEPT through CPC (CBS). It is not feasible as changes can’t be implemented in limited time period.

The MIS Server URL for generating previous day LOT work is too slow and become becomes unresponsive frequently. This adversary affects LOT generation work at offices and SBCO. SI Report is not generated in MIS Server.

Only interim solution for generating Sukanya Samridhi Yojna LOT till now. No proper solution as yet in LOT generation command.

No proper solution as yet for entering cheque number while opening TD, MIS, and SCSS accounts. Only an interim command is available for showing the cheques as used up in Finacle after opening account. Otherwise the cheque is displayed as unused.

No command as yet to generate a single consolidated LOT for all scheme types of Accounts opened or closed for any given period for an office. In HACSP command each scheme type needs to enter separately to get a report which is a very time consuming task.

When a TD type account is transferred to another SOL, the interest remains in the previous SOL.

Frequent difference between counter wise and consolidated LOT of MIS and SCSS accounts encountered in many offices.

There is an issue with RD SI when there is less than require balance is SB account. In such cases Finacle will execute SI for the next month if the customer deposit require amount but will not execute SI for previous defaulting month manually Finacle will not display and charge default fee. Ticket no. IN90069 is raised for HMT SO 30500303 for this issue in March 2015 but no solution available yet. Shastri nagar SO 30500119 also facing this issue.

When the RD to be just discontinued in deposit in BO on last day of the month and So takes it on next day after changing value date, it shows RD account is discontinued.

RD Loan Repayment account is not shown in LOT

MIS bonus is not reduces from Teller cash with HCASHPND

How will find the maturity value of RD with Loan account of BO at account office.

Income Tax report (>200000) for all product is not available in HFINRPT.

Wrong PAN No. is accepted at the time of withdrawal above Rs.50000/-

Length of ID card as driving License shorts in CIF Creation. It accepts only 12 digit without special character.

Accounts linked with particular BO under any SO/HO, there is no such type of report in Finacle also with balance check with DLT during 100% BO Verification.

To find out Live/New accounts standing at any of SOL or Set for any dates, no such report available in Finacle.

If RD Loan account wrongly closed, system not except another opening of Loan Account.

At present no command to find out which user executes HISCOD.

In MEOPS available at CPC, updation menu is not activated. For updating any screen shoot or comments for CBS Tickets.Also no any menu provided to reopen to auto closed ticket.

Also no filtered menu to findout sorted in the description/solution/need user input/pending closure.

CBS Ticket in MEOPS has been automatically closed after 15 days without providing solution or update.

During updating cash loading transaction in HXFER, ATM Value date not highlighted.

At present CPC performing Holiday EOD whereas there has been closed holiday in Circle.

Difference in LOT and consolidation report of all schemes.

Partly Posted Stage should not be created during any transaction.

Name of account holder print in short form on the first page of Passbook.

Multiple accounts are being opened at the time of error in Finacle as “Could not get response from server.”

Some accounts not get closed in bulk discharge of particular reg. no. and also not closed one by one in CSCCAAC.

There is no menu to search any CIF/Account through Regd No. and vice versa.

During transaction in CTM/CPWTM, system not shown ledger balance and except withdrawal even balance is zero. In this case transaction is moved into partly posted stage. We have to use HACLI separately to check balance before making such transaction.

Photo signature not visible during transaction of HTM in case of MIS/SCSS/TD interest.

Signature photo should be colored and displayed in different angle view.

CPC system admin user id created separately to run EOD commands at CPC only. AT present system admin is linked with particular SOL working at CPC. Sometimes any SA of any HO has erroneously run EOD command in Circle Set resulting EOD held up and stop counter work.

Circle Set should be activated only for CPC SA user ID.

Photo signature uploading issue.For joint account photo signature not uploaded for secondary holder. No maker checker concept in this process. 

In SCSS LOT, interest is showing double and double amount is added in total amount and also for transfer account case.

In MIS account closure cases, value and interest transfer to repayment account (SB) but PMI and Bonus transfer to Postmaster Cheque account which is diverse. All beneficial amount should be credited into one account whether SB or Postmaster but it is divided into two accounts.`

START UP INDIA - BEGINNING OF CAPITALIST REGIME

EDITORIAL POSTAL CRUSADER FEBRUARY-2016

On 16th January, i.e. in the beginning of New Year our Hon`ble Prime-Minister has launched an ambitious Scheme “Start up India” which was announced by him in his speech to the Nation as Prime-Minister from the Wall of Historical Red Fort , New Delhi on 15th August 2015. The concept behind this is to create a congenial atmosphere and ease by relaxing all norms, rules and regulations to set up industries by the Industrialists so that the economy of the country may grow and more job opportunities may be created to the educated unemployed youth of the country.

During his speech Prime-Minister stated that in the last 70 years Governments of India have done a lot but now enough is enough and the all types of business works should be stopped by the Government and it should be handed over to the entrepreneurs “Start up India” programme, the Prime-Minister has declared that for 3 years there will be no restrictions on entrepreneurs who establish Industries in this programme. They will be given Income Tax exemption for 3 years. If anybody establishes any business under this scheme after selling his moveable and immoveable properties. No Capital gain Tax will be levied on him. Besides this such Industrialists will also be given exemption from Labour Laws and environmental laws. Ten thousand crores rupees fund will be allotted for this scheme within 4 years. Government will provide more fund for innovation based programme. At 7(Seven) institutions research parks will be established.

What does it mean in the context of working class? Earlier also Prime-Minister has declared that labour Inspector will not go to visit any industry to see the working conditions of labourers as it causes exploitation of Industrialists. Capitalists. Now the full exemption will be given from labour laws means a free hand to the capitalists to exploit labour like anything. The workers will not be given conducive atmosphere to work and even minimum wage will also not be given to them. They will adopt hire and fire policy. As the amendment has been done in Apprenticeship Act, so for two years they will take work from the workers as apprentice merely giving some stipend. Not only this they will take the work beyond 8 hours and no social security and Job Security will be given. So this type of provisions and open declaration by the Prime-Minister will give free had to Capitalists to exploit the workers to maximum extent.

Giving exemption from Income Tax and Capital gain Tax will benefit the industrialists to maximize their profit and the burden of such exemptions will come on the shoulders of common Tax Payer. To provide Rs. Ten thousand crores fund within 4 years to the entrepreneurs is also a question mark? From where this money will come? This will also be given from the money collected through taxes from the common man. Besides this exemption from environmental laws will also worsen the position as they will exploit the natural resources like anything.

So all beneficial schemes to the industrialists/capitalists and nothing to the working class of India..The workers are still deprived of minimum wage. Our Government is crying that after implementation of 7th CPC Rs.One Lac crores burden will come while in other side the top class industrialists are given benefit of waiver of NPA of Banks worth Rs. One lac twenty five thousand crores. Besides this within 5 years Rs. Twenty five lac crores exemption has been given to the corporates in various Taxes.

The range of income tax exemption to the salaried class employees is not being increased, so whatever is gained as DA as compensation to neutralize the price rise of market is snatched by the government in the form of Income Tax.

For seeking modification in 7th CPC the entirety of Central Government Employees is struggling.

We as worker should analyse and understand the policies of Government of India who is intensifying the neo-liberal economic reforms in various ways like Start up India.

So it is crystal clear that Start up India Programme is beginning of Capitalists Regime which is going to give more opportunities to the Capitalists to exploit the Working Class in various forms.

61% INDIANS AGED 45-PLUS WANT TO RETIRE IN NEXT 5 YEARS: SURVEY

MUMBAI: HSBC's latest edition of The Future of Retirement Healthy New Beginnings study found that 61 per cent of the working population in India aged 45+ want to retire in the next 5 years. 

Around 14 per cent of them believe they will be unable to do so. Of those unable to retire, 71 per cent said that they cannot retire as they would struggle financially. The findings of this study bring out an urgent need for Indians to begin saving early and planning well for their retirement. 

The study found that of the 45+ working population who would like to retire but are unable to due to financial constraints, 53 per cent say this is due to not having saved enough, 42 per cent say it is because they have dependants who rely on their income and 17 per cent cannot retire as they have a lot of debt. 

HSBC's report also reveals that in India, 43 per cent would like to retire in the next five years to spend more time with their family. Others want to travel and pursue other interests (34 per cent) or pursue another career or voluntary work (20 per cent). However, 59 per cent cited work related pressures and issues as the reason for wanting to retire. 

"People worldwide are recognising that retirement can be an opportunity for reinvention and new beginnings. Yet financial barriers are preventing many people from retiring when they would like to - or, in some cases, at all. Almost one in five people fear that they will never be able to retire fully, so the need for sound financial planning is stronger than ever," said S. Ramakrishnan, Head of Retail Banking and Wealth Management, HSBC India. 

"People should consider these aspirations when planning for retirement and ensure they are making sufficient financial provisions for this new chapter in life. Even small amounts saved today can lay the groundwork for a comfortable retirement tomorrow, placing retirement dreams squarely within reach," he added in the statement. 

The survey also stated that more than 18,000 people across 17 countries worldwide, HSBC found that the desire to retire among 45+ pre-retirees is strongest in Argentina (78 per cent), France (77 per cent), China (75 per cent) and the UK (75 per cent). Of those aged 45+ who would like to stop working and are unable to do so, 81 per cent say this is because they would struggle financially. 

The study added that financial pressures are so great that 18 per cent of pre-retirees worldwide predict that they will never be able to retire fully. This is almost twice the proportion that said the same in 2015, when 10 per cent of pre-retirees expected never to be able to afford to fully retire.

OVER PAYMENT OF TRANSPORT ALLOWANCE - AUDIT INSTRUCTIONS

File No : F.No.L7-4/2015-PAP Dated : 05.01.2016