What is Core Banking Project?
India
Post has a vision to be one of the leaders in providing banking and
money remittance services to the citizens of the country with a focus on
the rural population
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How it is different from the existing Sanchay Post?
Sanchay
Post is a LAN (Local Area Network) based application. CBS on the
other hand is a centralized application with browser based interface.
There is no need for servers at the post office level for running CBS.
CBS will have the following features which are not available in
Sanchay Post: real-time 24x7 processing capability, centralized
database, availability of alternate channels, capture of KYC (Know
Your Customer) details, adequate audit & inspection features
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What are the alternate service channels planned along with CBS ?
ATM Banking
Internet Banking
Phone Banking (IVR)/ Banking through call centre
Mobile Banking
SMS Banking - tracking and alerts
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What is Rural ICT project? How is this integrated with core banking?
The
Rural ICT solution will computerise the rural Post Offices and
provide integrated and affordable electronic services at the Branch post
office level. In the Rural ICT project, the vendor will be
responsible for development of core application platform; development
of MGNREGS application and expansion of already existing electronic
Money Order (eMO) application for RICT Hardware Devices; development
of a central MGNREGS database; Integration with overall India Post
2012 solution architecture and other core applications such as Mail
Operations, Core Banking Solution, Postal Life Insurance and solution
deployment of the complete Rural ICT solution to approximately 1.30
lakh branch post offices
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What are the objectives of CBS project?
To increase the number of customers from existing 20 crore to 35 crore by 2012
To
provide multiple delivery channels like internet, mobile banking,
ATMs, thereby bringing access to financial services to the doorsteps of
the customers
To enable faster money remittances and fund transfers and increase volumes to capture a 50% market share by 2014
To
become the one stop solution for financial inclusion &
microfinance initiatives of government, public/private sector banks
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Can Post Office customer transfer money to other bank account; say SBI?
Yes, the same can be done. CBS will have interface with NEFT- National Electronic Fund Transfer System run by RBI which will facilitate transfer of money from POSB accounts to other bank accounts |
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Does the project have any linkage with Project Arrow?
Yes.
Project Arrow has linkage with CBS project. Project Arrow monitors
data entry and signature scan activities which are part of pre
implementation activities of the CBS project.
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What are Circle Processing centres?
Circle
Processing Centres (CPCs) which would act as centralized processing
units for a circle and handle some of the non customer interfacing
tasks centrally. Each circle will have a Circle Processing Centre
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What is double entry accounting system? Will CBS have double entry accounting system?
Yes,
CBS will have double entry accounting system. A double-entry
bookkeeping system is a set of rules for recording financial information
in a financial accounting system in which every transaction or event
changes at least two different nominal ledger accounts. The above said
accounting logic will be inbuilt in the CBS software.
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What are the linkages between CBS and other projects?
The
entire scope of India Post 2012 project is organized under 8 RFPs, in
a multi-tower model with vertically integrated towers, in order to
expedite the rollout of priority solutions and allow specialized and
full service providers to participate in the procurement process. The
vendors selected would need to work together to ensure smoothness in
building and rolling out the solutions. The key linkages between CBS
vendor and other vendors in the India Post 2012 project are network,
data centre facility, helpdesk, call centre etc.
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Whether all the schemes have to be migrated to CBS?
Yes,
all existing schemes will be migrated to CBS. This is needed due to
the fact that firstly Sanchay Post will be phased out and secondly due
to interface with the new POS ( which will replace Meghdoot software)
integrating all the applications of the post office.
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What is the role of SI as far as Sanchay Post is concerned?
SI
shall maintain, operate and support this application during the
period of its availability. SI shall do the necessary enhancement of the
Sanchay Post software during the time of ownership as may be required
for successful running in the identified Post Offices.
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Who will run the call centre for banking? How the staff will resolve issues while implementing CBS?
There
will be an internal helpdesk to resolve the issues faced by the
internal staff of DoP in relation to the products and solution/
applications implemented as part of India Post 2012 Project. A call
centre will be available for the DoP customers. Both (internal
helpdesk and call center) will be managed by the core system
integrator as part of its scope of work.
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What are the facilities the customer can get through core banking?
The
customer will get the benefit of anytime, anywhere banking by access
to multiple alternate channels like ATM, internet banking, phone
banking, mobile banking etc.
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What are the online facilities planned under internet banking for CBS?
The
key online facilities that will be provided to the CBS internet
banking users are: opening of TD/NSC/KVP/RD, change of contact details,
cheque book request, apply for and report loss of debit/ATM card, view
mini statement of past few transactions, bill payments etc.
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What are the interfaces planned for CBS?
Internal
and external interfaces are planned for CBS. Internal interfaces will
be developed with insurance module, mail system, ATM switch, Sanchay
Post, Enterprise Content Management System etc. External interfaces
will be developed with EFT/NEFT, ECS, RTGS, Cheque Truncation System,
National Financial Switch, payment services provider etc.
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Tuesday, November 1, 2011
Core Banking Project
Postal Staff College India is now “Rafi Ahmed Kidwai National Postal Academy (RAKNPA)”
No.2-04/2009-Trg.
Government of India
Ministry of Communications & IT
Department of Posts, (Training Division)
Dak Bhawan, Sansad Marg,
New Delhi – 110001
Dated : 31.10.2011
1. All Heads of Circles,
2. Additional Director General APS, West Block-III, RK Puram, New Delhi-110066
3. Chief General Manager, Business Development Directorate, New Delhi-110001
4. Chief General Manager, Postal Life Insurance, New Delhi-110 021
Subject: Renaming of the Postal Staff College India.
A proposal for change in the name of the Postal Staff College India (PSCI)
was placed before the Postal Services Board. The Board, in its sixth
meeting held on 21.09.2011, after detailed discussion, has agreed that
in order to reflect the true character of the institution and its future
aspiration, PSCI needs to be upgraded as a National Academy. The Board
has, accordingly recommended that PSCI be renamed after Shri Rafi
Ahmed Kidwal, the first Communication Minister of Independent India, a
freedom fighter and one of the foremost nation builders of the post
independence era as “Rafi Ahmed Kidwai National Postal Academy (RAKNPA)”. The recommended actions of the Board have been approved by the Competent Authority.
2. It
is, therefore, hereby notified for information of all concerned that
the Postal Staff College India, C.G.O. Complex Ghazibad 201 002, and
will hereafter be known as Rafi Ahmed Kidwai National Postal Academy (RAKNPA), C.G.O. Complex, Ghaziabad – 201 002.
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.
Friday, October 28, 2011
Administrative control over Speed Post Centres/Sorting Hubs
Copy of D.G.Posts letter No. 6-5/2011-D Dated 20-10-2011
The matter relating to the administrative control over Speed Post Centres/Sorting Hubs falling under existing Postal or RMS division was raised by the staff side and was under consideration of this Directorate.
It has been decided that the issues of administrative control over Speed Post Centres/Sorting hubs in terms of placing under the administrative jurisdiction of Senior Superintendent/Superintendent of a Postal or RMS Division of a Postal or RMs Division maybe decided by the CPMG concerned taking into account local needs, administrative convenience and effective monitoring.
Monday, October 24, 2011
Friday, October 21, 2011
the judgement-Grade Pay case OA No.381/2010
The judgment in our Grade Pay case OA No.381/2010 has been published and is available on the CAT website with the following link
In the judgement, the Hon'ble CAT has categorically stated in the second last para No.33 that
".....the case has been considered and the Tribunal is of the considered view that there is no justification in denying the Inspector (Posts) the higher Grade Pay of Rs 4600 when the same is admissible to Inspectors of other Departments with whom parity has been established by the very Sixth Pay Commission vide its report at para 7.6.14 extracted above........"
Extract of some paras of the judgement are reproduced below:
Para 26. From the perusal of the Recommendations of the Pay Commissions it could be easily discerned that the Pay Commissions have suggested certain measures relating to introduction of element of direct recruitment which was conspicuously absent earlier and without which comparison with the Inspectors in other Departments/Ministries could not be made. Once direct recruitment has been introduced, it was to the full satisfaction of the Pay Commission, which had in fact commented, "The Commission is recommending the merger of pre-revised pay scales of Rs 5500 - 9000 and Rs 6500 - 10500 which will automatically bring Inspector (Posts) on par with Assistants in CSS/Inspectors and analogous Posts in CBDT and CBEC."
The import of this observation of the Pay Commission is that the Pay Commission was very much interested to ensure pay parity of Inspector (Post) with Assistants of CSS and Inspectors and analogous posts in CBDT and CBEC. This recommendation of the Pay Commission is in tune with the observations of the Apex Court in the case of State of West Bengal v. West Bengal Minimum Wages Inspectors Association, (2010) 5 SCC 225 wherein it has been stated as under:-
"23. It is now well settled that parity cannot be claimed merely on the basis that earlier the subject post and the reference category posts were carrying the same scale of pay. In fact, one of the functions of the Pay Commission is to identify the posts which deserve a higher scale of pay than what was earlier being enjoyed with reference to their duties and responsibilities, and extend such higher scale to those categories of posts."
Para 27. When the question of pay scale parity is examined, as stated by the Apex court, the Court has to make analysis in respect of factors like the source and mode of recruitment/appointment, qualifications, the nature of work, the value thereof, responsibilities, reliability, experience, confidentiality, functional need, etc. Viewed from this point, first as to the mode of recruitment. As stated earlier, it was at the recommendations of the Fourth Pay Commission, element of Direct Recruitment had been introduced and in fact there has been common examination in respect of inspectors in various departments, including Inspector (Posts). In fact, the statistics furnished by the applicants vide Annexure A-14 which has been rightly highlighted by the Senior Counsel at the time of hearing, would reflect that the cut off marks in respect of Inspector (Posts) is more than the cut of marks of Inspector (Central Excise). Thus, this requirement is fully met with.
Para 30. This Tribunal need not have to labour more to arrive at the finding that the functional responsibilities of the Inspector (Posts) are certainly onerous and evidently, it is on the basis of adequate justification that the successive Pay Commissions have appreciated the need to revise the pay scale of Inspector (Posts).
Para 31. The decision of the Ministry of Finance does not appear to have taken into account the clear recommendation of the Sixth Pay Commission nor for that matter the full justifications given by the Department of Posts.
Para 32. Thus, when the Pay Commission opined that by virtue of merger of the pays scales of Rs 5500 - 9000 and Rs 6500 - 10500, the same would "automatically bring Inspector (Posts) on par with Assistants in CSS/Inspectors and analogous posts in CBDT and CBEC, what it meant was that from hence, Inspector (Posts) would sail in the same boat as his counterparts in the Income Tax Department or Central Excise or Customs Department or for that matter the Assistants in the CSS. "The difference in the grade pay is not one created by the Pay Commission but the same is due to the fact that as late as in 2009, it is the Government of India which had raised the grade pay of the pay scale 6500 - 10500 that existed as on 01-01-2006 vide order dated 13-11-2009, whereby posts which were in the pre-revised scale of Rs 6,500 - 10,500 as on 01-01-2006 and which were granted the normal replacement pay structure of grade pay of Rs 4,200/- in the pay band PB 2 will be granted grade pay of Rs 4600 in the pay band PB 2 corresponding to the pre-revised pay scale of Rs 7450-11500 w/e/f/ 01-01-2006. And, if a post already existed in the pre-revised scale of Rs 7450-11500, the posts being upgraded from the scale of Rs 6500 - 10500 should be merged with the post in the scale of Rs 7450 - 11500/-. In fact had the above enhancement in the grade pay been recommended by the Pay Commission, it would not have omitted to consider such an increase in the grade pay of Inspector (Posts) as well.
Para 33: Thus, within the parameters prescribed by the Apex Court in respect of the powers of the Tribunal in dealing with the fixation of Pay scale the case has been considered and the Tribunal is of the considered view that there is no justification in denying the Inspector (Posts) the higher Grade Pay of Rs 4600 when the same is admissible to Inspectors of other Departments with whom parity has been established by the very Sixth Pay Commission vide its report at para 7.6.14 extracted above. The Department of Post also equally recommends the same and as such, at appropriate level, the Ministry of Finance has to have a re-look in the matter dispassionately and keeping in view the aforesaid discussion. The ASPOs, as a result can be granted a grade pay of Rs.4800/- and the Superintendents grade pay of Rs.5400, as in the case of Superintendents of Central Excise & Customs.
Para 34. In view of the above, the OA is allowed to the extent that keeping in tune with the observations of the Sixth Pay Commission, coupled with the strong recommendations of the Department of Post and also in the light of our discussion as above, first respondent, i.e. the Ministry of Finance shall have a re-look in the matter at the level of Secretary and consider the case of the Inspector (Posts) for upgradation of their grade pay at par with that of the Inspector of income tax, of CBDT and CBEC. This will make the grade pay of Inspector (Posts) at par with that of the promotional post of Assistant Superintendents of Post Offices, it is expedient to consider and upward revision of the grade pay of ASPs as well. All the necessary details and statistics as required by the Ministry of Finance shall be made available by the second Respondent i.e. the Director General of Posts. It is expected that within a reasonable time, the respondents shall arrive at a judicious decision and implement the same.
Wednesday, October 19, 2011
IP Grade Pay case allowed by the Tribunal
More details will be informed on receipt of copy of judgement.
Monday, August 29, 2011
Incentive Structure For Procurement of RPLI Business w.e.f.01.10.2009
(a) 10% of First Year premium towards the RPLI policies procured by them w.e.f.01.10.2009
(b) 10% of total incentive paid to GDS to SDI/ASP- in First Year only.
(c) 2.5% of renewal premium income collected by them in respect of those policies procured on or after 01.10.2009
Additional Commission of 1.5% of premium shall be paid to the Group Leaders/ Entrustees for collecting premium towards 1000 or more such RPLI policies procured on or after 01.10.2009
Source :Directorate of PLI(26-02/2009-LI Dated: 18.09.2009)
Friday, July 15, 2011
Friday, June 24, 2011
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