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Tuesday, November 22, 2016

Disbursement of salary for Central Government Employees in Cash - NC JCM Staff Side

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NC JCM Staff Side Requested the Govt to Pay salary in Cash for November and December 2016

In a Letter to The Prime Minister, the NC JCM Staff Side has Requested the Govt to Pay Salary in Cash to all central Staffs for the Months of November and December 2016 . The content of the letter is given below

Disbursement Of salary for Central Govt. Employees – November and December 2016

Salary payment of Central Government employees (including Industrial Workers) normally made through Bank- Transfer since 1.4.2012. The recent decision Of the Govt. to invalidate the Rs.1000 and Rs.500 currency notes and restrictions on ATM withdrawals made the bank functioning in the country in to an extraordinary situation.

As the employees would require cash for meeting out various expenses in the first week of every month, the present general restrictions might cause certain insurmountable difficulties apart from being in the long queue before banks. To overcome the situation the NCJCM Staff Side requested the Govt to issue necessary Orders to disburse the salary for November and December 2016 in cash (lower denominations) which para 3 or Ministry of Finance Department of Expenditure No. F.No.I (i) 2011/TA/365 dated 1.8.2016 provides for in this matter.

Cash withdrawal for purpose of celebration of wedding – Application Form

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Cash withdrawal for purpose of celebration of wedding – Application Form

Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Cash withdrawal for purpose of celebration of wedding

RBI/2016-17/145
DCM (Plg) No.1320/10.27.00/2016-17
November 21, 2016
The Chairman / Managing Director/Chief Executive Officer,
Public Sector Banks / Private Sector Banks/ Private Sector Banks/ Foreign Banks
Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks

Dear Sir,
Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Cash withdrawal for purpose of celebration of wedding

Please refer to our Circular No. DCM (Plg) No.1226/10.27.00/2016-17 dated November 08, 2016 on the captioned subject.

2. With a view to enable members of the public to perform and celebrate weddings of their wards it has been decided to allow higher limits of cash withdrawals from their bank deposit accounts to meet wedding related expenses. Yet, banks should encourage families to incur wedding expenses through non-cash means viz. cheques /drafts, credit/debit cards, prepaid cards, mobile transfers, internet banking channels, NEFT/RTGS, etc. Therefore, members of the public should be advised, while granting cash withdrawals, to use cash to meet expenses which have to be met only through cash mode. Cash withdrawals shall be subject to the following conditions:

i. A maximum of ₹ 250000/- is allowed to be withdrawn from the bank deposit accounts till December 30, 2016 out of the balances at credit in the account as at close of business on November 08, 2016.

ii. Withdrawals are permitted only from accounts which are fully KYC compliant.

iii. The amounts can be withdrawn only if the date of marriage is on or before December 30, 2016.

iv. Withdrawals can be made by either of the parents or the person getting married. (Only one of them will be permitted to withdraw).

v. Since the amount proposed to be withdrawn is meant to be used for cash disbursements, it has to be established that the persons for whom the payment is proposed to be made do not have a bank account.

vi. The application for withdrawal shall be accompanied by following documents:

a. An application as per Annex

b. Evidence of the wedding, including the invitation card, copies of receipts for advance payments already made, such as Marriage hall booking, advance payments to caterers, etc.

c. A detailed list of persons to whom the cash withdrawn is proposed to be paid, together with a declaration from such persons that they do not have a bank account. The list should indicate the purpose for which the proposed payments are being made

3. Banks shall keep a proper record of the evidence and produce them for verification by the authorities in case of need. The scheme will be reviewed based on authenticity/ bona fide use thereof.

Yours faithfully,
(P Vijaya Kumar)
Chief General Manager

Encl: As above

Authority: www.rbi.org.in

RBI Circular - Customer-wise and denomination-wise record in respect of SBNs exchanged by walk-in and regular customers

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Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Fraudulent Practices

RBI/2016-17/147
DCM (Plg) No.1341/10.27.00/2016-17
November 22, 2016
The Chairman / Managing Director/Chief Executive Officer,
Public Sector Banks / Private Sector Banks / Foreign Banks / Regional Rural Banks /
Urban Co-operative Banks / State Co-operative Banks

Dear Sir,
Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Fraudulent Practices

It has been brought to our notice that at certain places, few bank branch officials, in connivance with some miscreants, are indulging in fraudulent practices while exchanging SBNs in cash / accepting SBN deposits into account.

2. Banks are, therefore, advised to ensure that such fraudulent practices are stopped forthwith through enhanced vigilance and take stern action against officials involved in such activities.

3. Banks should ensure strict compliance with the instructions issued with regard to exchange of SBNs as also deposit of such notes into the accounts of their customers. Towards the same, the bank branches are required to maintain proper record of the following;
(i) Denomination-wise details of Specified Bank Notes and aggregate value of non-SBN note deposited in the account of each deposit or loan customer from November 09, 2016 onwards. 
(ii) Customer-wise and denomination-wise record in respect of SBNs exchanged by walk-in and regular customers.
Banks should also be in readiness to provide these details at short notice.

4. Please acknowledge receipt.

Yours faithfully,
(P Vijaya Kumar)
Chief General Manager

Authority: www.rbi.org.in

Deposit of old demonetized notes of 500 and 1000 in Small Savings Scheme - Finmin Order 22.11.2016

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Deposit of old demonetized notes of Rs. 500 and Rs. 1000 in Small Savings Scheme - Finmin Order 22.11.2016

F.No.1/042016-NS
Ministry of Finance
Department of Economic Affairs
(Budget Divisional)
North Block, New Delhi
Dated 22nd November 2016
To
1. The Chief General Manager
Reserve Bank of India
Department of Government & Bank Accounts
Central Office, Byculla Office Accounts
4th floor, Opposite Mumbai Central Railway Station
Byculla, Mumbai - 400008

2. The Deputy Director General (FS)
Department of Posts
Dak Bhawan, Sansad Marg, New Delhi

3. The Joint Director & HOD
National Savings Institute
ICCW Building
4, Deen Dayal Upadhyay Marg
New Delhi-110003

Subject: Deposit of old demonetized notes of 500 and 1000 in Small Savings Scheme

Sir,
I am directed to state that Ministry of Finance has received references from Banks whether currency notes of Rs.500 and Rs.1000, discontinued w.e.f.9.11.2016, can be deposited in accounts opened under small savings schemes. The matter was examined in this Ministry and it has been decided that subscribers of Small Savings Scheme may not be allowed to deposit old currency note of Rs.500 and Rs.1000, in Small Savings Schemes.

2. This may be compiled strictly.

3. This has the approval of Secretary (Economic Affaris).

Yours faithfully,
sd/-
(Padam Singh)
Regional Director(Sr.)

Authority: www.finmin.nic.in 

ESIC Approves the Enhancement of Wage Ceiling from Present Rs. 15,000 per Month to Rs. 21,000

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ESIC Approves the Enhancement of Wage Ceiling from Present Rs. 15,000 per Month to Rs. 21,000 

Press Information Bureau 
Government of India
Ministry of Labour & Employment

21-November-2016 16:52 IST

ESIC Approves the Enhancement of Wage Ceiling from Present Rs. 15,000 per Month to Rs. 21,000 

The Employees State Insurance Corporation(ESIC) has approved the enhancement of wage ceiling from present Rs. 15,000 per month to Rs. 21,000/-. The draft Rules calling for objections has been published in Gazette of India on 06.10.2016. This enhancement of wage ceiling shall bring more employees under ESIC coverage. In addition, the decision has also been taken to ensure coverage of the Scheme in all districts of the Country. 

The ESIC in its meeting dated 07/08/2015 has decided to bear the expenses on super specialty treatment over and above the expenditure of state government. 

The ESIC in its 166th Corporation meetings held on 07.08.2015 has decided to consider eligibility of pre existing diseases i.e. for malignancy & dialysis as prospective w.e.f. 30.08.2016. 

Further, ESIC has revised eligibility for Super Specialty including the children of Insured Persons with congenital diseases & genetic disorders. 

This information was given by Shri Bandaru Dattatreya, the Minister of State (IC) for Labour and Employment, in reply to a question in Lok Sabha today. 

Source: PIB News

Constitution of team of officers for field visits regarding cancellation of high denomenation bank notes - DoPT Orders

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Constitution of team of officers for field visits regarding cancellation of high denomenation bank notes

F.No.18/7/2016-EO(MM I)
Government of India
Department of Personnel & Training

North Block, New Delhi
Dated, the 18th November, 2016

OFFICE MEMORANDUM

Subject: Cancellation of legal tender of high denomination bank notes of Rs. 500 and Rs. 1000 – Constitution of team of officers of the Government of India for visiting states and reporting about the status of implementation of the decision.

The undersigned is directed to refer to the above mentioned subject and to say that the following officers are hereby deputed to undertake field visits in various states (as listed below) for making on the spot assessment of the situation and to provide feedback thereon:

S.No
State
Additional Secretary/Joint Secretary
Director/Deputy Secretary
1.
Uttar Pradesh
(i)                  Shri D.S. Mishra, AS, M/o Urban Development
(ii)                Shri Arun Singhal, JS, D/o Health & Family Welfare
(i)                  Shri Jayachandran K.S., DS, D/o Justice

2.
Bihar
(i)                  Shri Ravi Kant, AS, M/o Defence
(ii)                Shri Sandeep Pondrik, JS, M/o Petroleum & Natural Gas
(i)                  Ms. Palka Sahni, DS, D/o Industrial Policy & Promotion
3.
Madhya Pradesh
(i)                  Shri Alok Shrivastava, AS, M/o Shipping
(ii)                Shri Anil Kumar Jain, Advisor, NITI Aayog
(i)                  Shri Diwakar Nath Misra, Director,
M/o Petroleum & Natural Gas
4.
Karnataka
(i)                  Shri Sameer Kumar Biswas, JS, D/o Chemicals & Petrochemicals
(ii)                Rajesh Aggarwal, JS, M/o Tribal Affairs
(i)                  Shri Ajay Yadav, DS, D/o Commerce
5.
Maharashtra
(i)                  Shri Sameer Kumar Biswas, JS, D/o Chemicals & Petrochemicals
(ii)                Rajesh Aggarwal, JS, M/o Tribal Affairs
(i)                  Ms. Vijayalakshmi Bidar, RD,3
SSC, D/o Personnel &                            Training
                    
6.
West Bengal
(i)                  Shri Raghavendra Singh, AS, D/o Agriculture, Cooperation & Farmers Welfare
(ii)                Shri Vivek Bhardwaj, JS, M/o Coal

(i)                  Ms. Debjani Chakrabarti,
Director,
M/o Road Transport & Highways

7.
Himachal Pradesh
(i)                  Shri Sanjeev Gupta, AS D/o Industrial Policy & Promotion
(ii)                Shri Subhashish Panda, JS, D/o Food & Public Distribution
(i)                  Shri Sameer Verma, Director
D/o Rural Development
8.
Odisha
(i)                  Shri Ashok M.R.Dalawai, AS, D/o Agriculture, Cooperation & Farmers Welfare
(ii)                Shri Suresh Kumar Vashist, JS, D/o Food & Public Distribution
(i)                  Shri Saurabh Jain, Director, M/o Urban Development
9.
Tamil Nadu
(i)                  Shri T.Jacob, AS, D/o Personnel & Training
(ii)                Shri Praveen Kumar, JS, D/o Higher Education
(i)                  Ms. M. Janaki, Ds, M/o Urban Development


10.
Andhra Pradesh
(i)                  Shri A.P. Sawhney, AS, M/o Petroleum & Natural Gas.
(ii)                Shri Atul Chaturvedi, JS, D/o Industrial Policy & Promotion
Shri Tapish Chandra Nuatiyal, DS
D/o Rural Development
11.
Punjab
(i)                  Shri Arun Goel, AS, M/o Labour & Employment
(ii)                Ms. Ravneet Kaur, JS D/o Industrial Policy & Promotion
(i)                  Ms. Mandeep Kaur, DS, D/o Revenue
12.
Telangana
(i)                  Shri R. Subrahmanyam, AS, D/o Higher Education
(i)                  Ms. Anamika Singh, DS, D/o School Education & Literacy
13.
Kerala
(i)                  Shri Ajay Kumar, AS, M/o Electronics & Information Technology
(i)                  Shri C. Paulrasu, ED, Tea Board, D/o Commerce
14.
Uttarakhand
(i)                  Shri R.K. Sudhanshu, JS, M/o Electronics & Information Technolgy
(i)                  Ms. Samyukta Samaddar, Director, D/o Heavy Industry
(ii)                Shri Vikramjit Singh, DS M/o Power
15.
J&K
(i)                  Shri Suresh Kumar, AS, M/o Coal
(ii)                Shri Manoj Kumar Dwivedi,JS, D/o Commerce

(i)                  Shri S.Rakesh Kumar, DS, D/o Rural Development
16.
Gujarat
(i)                  Shri Guruprasad Mohapatra, Chairman, AAI, M/o civil Aviation
(ii)                Shri R.P. Gupta, JS, M/o Coal
(i)                  Shri Nipun Vinayak, Director,
M/o Driniking Water & Sanitation
17.
Haryana
(i)                  Shri Rajiv Arora, JS, M/o Labour & Employment
(i)                  Shri Priyank Bharati, Director
M/o Road Transport & Highways
18.
Chattishgarh
(i)                  Shri Manoj Kumar Pingua, JS, M/o Tribal Affairs
(i)                  Shri Anand Singh, Director, M/o Urban Development
19.
Jharkhand
(i)                  Ms. Alka Tiwari, Advisor, NITI Aayog
(i)                  Shri Devesh Deval, DS, D/o Health & Family Welfare
20.
Goa
(i)                  Shri Santosh Vaidya, JS, M/o New & Renewable Energy
(i)                  Shri Sorabh Babu, Director, D/o Atomic Energy
21.
Assam
(i)                  Shri Alok Kumar, AS, NITI Aayog
(i)                  Shri Abhishek Chandra, DS, M/o Shipping
22.
Mizoram
(i)                  Jalaj Shrivastava, AS, D/o Agriculture, Cooperation & Farmers Welfare

23.
Arunachal Pradesh
(i)                  Shri M.M. Kutty, AS, M/o Environment, Forest & Climate Change

24.
Tripura
(i)                  Shri Alok Kumar, JS, M/o Home Affairs

25.
Meghalaya
(ii)                Shri Sumeet Jerath, AS, M/o External Affairs

26.
Manipur
(i)                  Shri Barun Mitra, JS, M/o Shipping

27.
Sikkim
(i)                  Shri Arun Kumar Yadav, JS, M/o Statistics & Programme Implementation


2. Department of Economic Affairs will decide the dates/duration of the field visits as well as the terms of reference for the same.

3. The officers may kindly be directed to contact Shri Ajay Tyagi, Additional Secretary, Department of Economic Affairs for further details regarding the visits.

(Jagannath Srinivasan)
Director (MM)

Authority: http://persmin.gov.in/DOPT_WhatIsNew.asp


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