GOVT CONSIDERING UNIQUE NUMBER FOR ALL PF
ACCOUNT HOLDERS
The Government is
considering a proposal to give unique numbers to all provident fund account
holders with life-time validity, a Regional PF commissioner said today.
Regional PF Commissioner-I, Bangalore, Kamma Narayana said the Employees'
Provident Fund Organisation headquarters has recently sought feedback on the
proposal from PF commissioners in the country.
"The proposal is
under consideration," he told reporters on the sidelines of an interactive
session hosted by the Bangalore Chamber of Industry and Commerce (BCIC) here.
The proposal, if
implemented, would see an employee will have the same unique number despite
changing jobs and having new employers.
"All through his
life, that will be the permanent account number for him," Narayana said. Asked
if he expected the proposal to be implemented from the current financial year,
he said "hopefully" but added that it's only at the proposal stage
now.
Source : The Financial Express, Sept
11, 2012
SOON, THE POSTMAN WILL
KNOCK, TABLET IN HAND
Very soon, your friendly
neighbourhood postman will bring along a tablet computer when he knocks at your
door, to carry out all transactions related to delivery of cash, banking
activities and a few more.
Infosys’ Vice-President and
Head for India Business Raghu Cavale told Business Line that India Post is in
talks with the IT major to source hardware and software for the next phase of
its computerisation. This project will involve sourcing of low-cost 7-inch and
10-inch tablets and the development of apps for them. Infosys will also develop
intellectual property (IP) out of its Bangalore office for these apps.
While the tablets will be
used by the postman to enter data such as digital signatures and a delivery
challan, the apps will be used by India Post to update its backend database in
real time, helping it cut down on errors and fraud. India Post covers about 200
million customers across India and offers small savings schemes, postal life
insurance, rural postal life insurance, pension payments and wage
disbursements.
The postal department is
looking at these solutions as a part of its modernisation drive and to increase
operational effectiveness.
Growth forecast
On its part, Infosys sees
its India business growing to about $1 billion in the next four years. It
recently bagged a key IT outsourcing and consulting deal with India Post and
another deal from the Income-Tax Department for its electronic TDS division.
At present, the India
operations of Infosys contribute 2 per cent of its $7-billion revenues but the
software major considers India one of its key emerging markets. This importance
can be gauged from the fact that Infosys’ India business is one of the four
verticals within Infosys that reports to the board directly.
The India Post project,
which Infosys bagged recently, is worth Rs 700 crore. This project is aimed at
spreading financial services across 1.5 lakh post offices in the country. As
part of the project, Infosys will also install 1,000 ATMs for India Post to
increase the effectiveness of its delivery channel.
The Hindu Business Line, Sept 12, 2012
'DAKIYA'
BACK IN 'KHAKI'
Once the ubiquitous postman, whose uniform was changed from
'khaki' to blue to give him a corporate look, has been longing to go back to
his original dress code. In fact, after the switch from 'khaki' uniform with a
matching 'Netaji' cap, postmen feel that they had lost their 'friendly' image
and wish to regain the image a 'dakiya' (popular name in Hindi for postman)
through the 'khaki.'
There are 3,129 postmen in Madhya Pradesh who would now don
back the khaki with the new India Post red logo. The team includes 119 women
who would be supplied with khaki sarees replacing the existing blue ones. For
men, the reverted khaki uniform, however, would not have the old Netaji cap.
It was in 2004 when the Union government changed the
uniform of postmen from khaki to sky-blue shirts and deep-blue trousers. For
women, the sky-blue sarees has a dark-blue border. The department of post
personnel had been long demanding reverting the dress code.
"The blue uniform had not only nudged us out of
market, but even made us look strangers," said president of postal
employees association Prahlad Jaiswal, who has been spear-heading the fight to
win back the almost lost-craze for the postman. "A crucial meeting on
'khaki uniform' with senior officials of the Madhya Pradesh circle will be held
on September 13 at Bhopal, and we have been asking the Union government to
reconsider our demand of going back to khaki," he said.
"The change from khaki to blue aimed to give a
corporate touch from the drab-sounding and dull-looking khaki. However, no one
realized that the change in uniform will make the postmen invisible," said
the secretary of the association, Raju Yadav.
"The khaki uniform had given us the look of a
government employee and made us look something different from run of the mill.
Look at the uniform of forest officials and policemen, they are still the same
and make them stand out from the rest of security agencies and other uniforms
worn by the government employees," said Yadav.
"The decision to
return back to khaki has already been taken," said a senior official of
the postal department preferring anonymity. "It is a matter of time when
postmen would be distributed the khaki uniform," he said.
Source : The Times of India, Sept 12, 2012
FIVE FOREIGN CONSULTANTS IN RACE FOR ‘POST BANK
OF INDIA’ PROJECT
The Department of Posts has
issued request for proposals (RFP) to five top notch foreign consultancy firms
for the proposed Post Bank of India project.
The five short-listed firms
are Accenture Services, Boston Consulting Group, Ernst & Young, KPMG
Advisory Services and McKinsey & Co.
The Department of Posts
(DoP) is looking to set up a bank — Post Bank of India (PBI) — to provide
banking services with special focus on rural areas.
Besides providing a
platform for financial inclusion, the Post Bank of India will provide means of
additional revenue generation for the DoP.
The consultancy firms
chosen, out of the five short-listed ones, will as part of the assignment focus
on Detailed Project Report (DPR) on creation of PBI, financial viability of
PBI, proposed organisational structure of PBI in the light of RBI regulations,
and relationship between PBI and Post Office Savings Bank.
Source :
http://www.thehindubusinessline.com
No comments:
Post a Comment