Commemorative Postage stamp on Old Seminary, Kottayam has been released by the Hon’ble President of India Shri Pranab Mukherjee at Rashtrapati Bhawan on 21st April, 2015.

Commemorative Postage stamp on Old Seminary, Kottayam has been released by the Hon’ble President of India Shri Pranab Mukherjee at Rashtrapati Bhawan on 21st April, 2015.

Speaking on the historic occasion, the President Shri Pranab Mukherjee lauded the significant contribution made by Old Seminary in the process of socio-economic development by spreading learning and education.

The foundation of Orthodox Theological Seminary (OTS), known as Old Seminary or Cottayam Syrian College, was laid in February, 1813. The Seminary is run by the Malankara Orthodox Syrian Church, the St. Thomas Christians, commonly known as ‘Malankara Nazranis’.

The structure depicts the rich architectural beauty of the 18th and 19th centuries.According to the Department of Archaeology, Government of Kerala, the Old Seminary Building is approximately 200 years old. It is one of the earliest public institutions in Kerala which has a historical significance in the context of Kerala’s socio cultural history.

Department of Posts is happy to issue a commemorative postage stamp on the occasion of the Bicentenary celebrations of Old Seminary, Kottayam.

Source : http://postagestamps.gov.in/NewsPage.aspx?uid=55

Transfer/Posting Orders of IP/ASPs of Western Region

Source : http://ipaspassociationrajasthan.blogspot.in/

Work-life balance is the highest career aspiration

Only 10% of employees define success at work as high performance, says a global career survey by Right Management, revealing the disconnect between employee aspirations and performance demands of employers.

The survey found that 45% of respondents rank work-life balance as their number one career aspiration, and the top definition of workplace success is enjoyment and happiness.

"People are happy and engaged at work when they are inspired," said Shakun Khanna, country head of Right Management in a release. Understanding employee career motivations and aspirations is key to creating a high performance culture that motivates individuals to do their best work.

"When individuals experience effective career development through ongoing career conversations with their managers, they are more likely to be engaged, motivated and ready to take on new challenges," he added.

The survey also found that the percentage of employees aspiring to achieve work-life balance, is more than double the number of employees that rank being the best at what they do (17%) as their top career aspiration. In Europe, 55% of employees aspire for work-life balance, followed by Asia Pacific (37%) and North America (35%).

Interestingly, millennials (14%) are least likely to aspire to be the best at what they do as compared to baby boomers (22%) and Gen X (17%). Only 3% of employees globally aspire to achieve a prominent position.

Overall, 26% of employees define success in the workplace as enjoyment/happiness, followed by salary (19%), doing the best work (18%), respect and recognition (15%) and high performance (10%). High performance ranks lowest in Europe (8%) and highest in Asia (14%) and with 12% in North America.

The survey also found that leaders need to show respect, with 53% of employees saying respect for their knowledge and experience is their top expectation of leadership.

Others include mutual trust (51%), transparency (37%), learning and development (32%) and a relationship of equals regardless of job title (30%).

Source : http://ipasporissa.blogspot.in/

Provident Fund Interest Rate 8.7% for 2015-16

Government Decides to Fix Interest Rates at 8.7% for General Provident Fund(GPF) and other Similar Funds Including Special Deposit Scheme, 1975(SDS,1975) for Non-Government Provident, Superannuation and Gratuity Funds for the Financial Year 2015-16.


It was decided by the Government to link the interest rates of State PFs (General Provident Fund and other similar funds) including Special Deposit Scheme, 1975 (SDS, 1975) for Non-Government Provident, Superannuation and Gratuity Funds for the FY 2015-16 to Public Provident Fund (PPF) rates. In pursuance of that decision, the Government has decided to fix the rates 8.7% per annum applicable to the following:-

· The General Provident Fund (Central Services).
· The Contributory Provident Fund (India).
· The All India Service Provident Fund.
· The State Railway Provident Fund.
· The General Provident Fund (Defence Services).
· The Indian Ordnance Provident Fund.
· The Indian Ordnance Factories Workmen’s Provident Fund.
· The Indian Naval Dockyard Workmen’s Provident Fund.
· The Defence Services Officers Provident Fund.
· The Armed Forces Personnel Provident Fund.

The rate of interest is applicable to the above funds w.e.f. 1st April, 2015 and until further orders.

Recently, the Government had kept the interest rates for PPF and other Small Savings Schemes intact. However, interest rates for 5 year Senior citizen Saving Scheme and Sukanya Samriddhi Account Scheme have been increased from 9.2 to 9.3% and 9.1 to 9.2% respectively, keeping in view the commitment of the Government towards the welfare of the girl child and the senior citizens.

Source : http://ipaspmhandgoa.blogspot.in/

POSB LATEST INTEREST CALCULATOR REVISED INTEREST 01.04.2015

Features Updated On 15/04/2015:

New Interest rates w.e.f. 01/04/2015 configured for SCSS Account. Maturity amount for old accounts also can be viewed by entering Date of opening in Home page.

KVP (new) option is included in home page of Interest calculator. Discharge value of KVP (old) can be viewed in another link provided in bottom of Calculator table.

SSA Approximate maturity calculation - link is added in the Main page of Calculator (at right bottom of calculator)

"Print Tables/Forms" link is provided in Main calculator page to Print Ready reckoner tables for RD/TD/MIS and Pamphlet, Forms. In "Print Tables/Forms" link, updated pamphlet is provided in PDF format incorporating new KVP, SSA.

Changes have been made in MIS to RD (auto credit option) maturity calculation, so as to see it after 31.03.2015 also.
In RD PMC Calculator available in "view more" link of RD, financial year 2015-16 has been included.

Source : http://postalinspectors.blogspot.in/

Dahod H.O (Gujarat Circle) CBS Go-Live on 20-04-2015

Dahod H.O

Source : http://sapost.blogspot.in/

India Postal Department