Postal RADAR

The Indian population is greying. According to the latest UNFPA report, the percentage of Indians above 60 years is projected to rise to 55% by 2050. The demographics also indicate an increasing longevity owing to betterment in medical facilities. While this is good news, it also means that tomorrow’s retirees will have a longer retirement and must, therefore, accumulate a bigger corpus. Retirement planning involves disciplined saving, vigilant investment to build a sufficient retirement corpus and its judicious drawdown in the postretirement phase. The National Pension System (NPS), launched by the Pension Fund Regulatory & Development Authority, takes all these concerns into account. It is a sophisticated innovation based on the world’s best practices in the pension sector. While saving for a long-term goal such as retirement, the cost matters a lot. Over 35-40 years, the charges can shave off a significant amount from the corpus. The NPS charges fund management fees of 0.0102% f...

STUDY MATERIALS FOR IPO EXAM CLICK HERE TO VIEW Thank to Paida Sanjay Warrant Officer, Army Postal Service (Inspector Posts- Gujarat Circle) Mob 9436298021 Owner:  http://systempost. blogspot.in

First in India in Governance • President of the Indian National Congress— Womesh Chandra Bannerjee, 1885 • President of the Indian National Congress of independent India— Acharya Kripalani, till Nov 1947 • President— Rajendra Prasad (1950–1962) • First Woman President— Pratibha Patil (2007–2012) • The first Chief Election Commissioner — Sukumar Sen • Industries and Supplies Minister— Shyama Prasad Mukherjee • The first person to resign from the Central Cabinet— Shyama Prasad Mukherjee • Vice-President— Sarvepalli Radhakrishnan • Prime Minister— Jawaharlal Nehru (1947–1964). India held its first constitutional elections in 1952 after which he was re-elected. • Deputy Prime Minister— Vallabhbhai Patel (1947–1950) • Law Minister of India— B. R. Ambedkar • Leader of Opposition— A. K. Gopalan • Prime Minister to be voted out of office— Indira Gandhi (1977), when the Indian National Congress lost to the Janata Party • Non-Congress government— Janata Party, with Morarji Desai as the Prime Min...

List of Indian Railway Ministers 1947 (Nov.) John Mathai (not formally designated the Minister for Railways) presents the first Railway budget for independent India 1948-1952 N Gopalaswamy Ayyangar; worked on consolidating the various railways into the zonal railways 1952-1956 Lal Bahadur Shastri; resigned in 1956 taking responsibility for three fatal railway accidents 1956-1962 Jagjivan Ram 1962 Sardar Swaran Singh 1967?? Kengal Hanumanthaiah (Note: Some sources suggest he was Railway Minister later, in 1971). Ram Sew Singh is also mentioned in some sources as a railway minister in 1966-1968, he may not have been a Cabinet minister for railways. 1968 Cheppudira Muthana Poonacha 1969 Govinda Menon Panampilly 1970-1971 Gulzari Lal Nanda Note: Kengal Hanumanthaiah may have been the Railway Minister briefly in 1971. 1972-1973 Tonse Ananth Pai 1973-1975 Lalit Narayan Mishra; killed by a bomb blast 2-Jan-1975, at the opening of a railway line in Samastipur. 1975-1977 Kamlapati Tripathi (aga...

Govt rejects  demand for higher Fixed Medical Allowance to Central Govt Pensioners: Appeal for revision of fixed medical allowance for the Central Govt. Pensioners: No.4/4/2013-P&PW (D) GOVERNMENT OF INDIA MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES & PENSIONS (DEPARTMENT OF PENSION & PENSIONERS’ WELFARE) 3rd Floor, Lok Nayak Bhawan New Delhi-110 003. Dated the 8th July, 2013 To Shri Harchandan Singh, Secretary  General , 32, Phase-6, Mohali-160055. Sub:- Appeal for revision of fixed medical allowance for the Central Govt. Pensioners. Sir, Please refer to your letter dated 23/6/13 on the above mentioned subject. Comments item concerning this Desk is as under: 2. The Govt. had on the recommendation of the 5th Central Pay Commission sanctioned Fixed Medical Allowance (FMA) @ Rs.100 p.m. as in the year 1997. After 6th Central Pay Commission this amount ...

(October 31, 1875 - December 15, 1950) Sardar Vallabhbhai Patel  the  iron-man of India  was born on 31st October, 1875, in a small village in Nadiad. His father  Jhaverbhai Patel  was a simple farmer and mother Laad Bai was a simple lady. From his childhood itself, Patel was a very hard-working individual. He used to help his father in farming and studied in a school at  N. K. High school, Petlad . He passed his high-school examination in 1896. Throughout school he was a very wise and intelligent student. Inspite of poor financial conditions his father decided to send him to college but Vallabhbhai refused. Around three years he stayed at home, worked hard and prepared for the District Leader's examination, hence passing with very good percentage. Sardar Vallabhbhai Patel  is a historical figure who moves you to tears. Mostly these are tears of joy, for he achieved a thrilling Indian unity. Yet some are tears of pity, for the Sardar suffered and ...

Diwali the festival of lights brings fun and togetherness. For children fireworks new clothes and sweets make this festival the most eagerly awaited of the year. Unfortunately injuries from fireworks spoil the fun for many families – and though Diwali is a holiday for most of us fire departments and hospitals around the country are on constant alert to tackle the various mishaps.Each year brings a fresh crop of cases involving loss of eyesight and serious burns and injuries caused by fireworks. Most of these cases involve children.Freak accidents invariably occur when kids are allowed to play with fireworks unattended. The most common reason is wrong handling of fireworks.Parents need to take some precautions to avoid such tragedies. For instance it is extremely important to know the difference between a legal consumer firework and a dangerous explosive device. The latter can cause serious injury or even death. Both parents and their children need to stay away from anything that is n...

No. AB-14017/32/2012-Estt. (RR)  Government of India  Ministry of Personnel, PG & Pensions  Department of Personnel & Training  New Delhi  Dated the 31st October, 2013  OFFICE MEMORANDUM  Subject: Model Recruitment Rules for the various posts of Accounts Cadre-reg.  The Model RRs for the posts of Junior Accounts Officer/Accountant and Accounts officer of Accounts Cadre issued by this Department have been reviewed in the light of 6th CPC recommendations.  2.  The designation with pay scale for various posts of Accounts Cadre shall be as below:- Sr. No. Designation Pay Scale  1. Junior Accounts Officer/Accountant  PB-2, GP-Rs. 4200 2. Accounts Officer (i) PB-2, GP-Rs. 4600  (ii) PB-2, GP-Rs. 4800  Accordingly, the revised Model Recruitment Rules for the same are enclosed as Annexure to this Office Memorandum.  2.  Ministries/Departments may review th...

1.      What is Insurance Repository? “Insurance Repository” means a company formed and registered under the Companies Act, 1956 (1 of 1956) and which has been granted a certificate of registration by Insurance Regulatory and Development Authority (IRDA) for maintaining data of insurance policies in Electronic form on behalf of insurers. The Insurance Repositories provide the ease of holding  Insurance policies issued in an electronic form. 2.      What is the objective of an Insurance Repository? The objective of creating an insurance repository is to provide policyholders a facility to keep insurance policies in electronic form and to undertake changes, modifications and revisions in the insurance policy with speed and accuracy. In addition, the repository acts as a single stop for several policy service requirements. The Insurance repository system also brings about efficiency and transparency in the issuance and maintenance of insurance p...