Revision of the benefit of Deposit Linked Insurance coverage from GPF

Revision of the benefit of Deposit Linked Insurance coverage from GPF

Shiva Gopal Mishra
Secretary

National Council (Staff Side)
Joint Consultative Machinery,
13-C, Ferozshah Road,
New Delhi - 110001

No.NC-JCM-2019/Pension (SC)
September 26, 2019
The Secretary,
Government of India,
Department of Pension and Pensioners Welfare,
3rd Floor, Lok Nayak Bhawan,
Khan Market, New Delhi – 110003

Sub: Revision of the benefit of Deposit Linked Insurance coverage from GPF.

Dear Sir,
You are aware that the above subject was discussed as Item No-3 in the Standing Committee meeting of the National Council (JCM) held on 7-3-2019. The extract from the minutes of the above meeting is given below for your kind ready reference

Also read: GPF benefit to the employees who are governed under the NPS scheme recruited on or after 1-1- 2004

‘Item No.3: Revision of the benefit of Deposit Linked Insurance coverage from GPF:

Joint Secretary (Pension) informed that a proposal was sent to Department of Expenditure to consider enhancement of the limit set for Deposit Linked Insurance Scheme 1976 from Rs.60,000 to Rs.6,00,000/- Department of Expenditure requested for clarification and some precedent cases which ave with EPFO. Since, Ministry of Labour and Employment has such similar benefits, wherein the limit of DLIS has been enhanced to 6,00,000/- for depositors in EPF, covered under the scheme, the precedent policy of M/o Labour & Employment along with the proposal has now been sent to Depariment of Expenditure. He further informed that the Department of Expenditure has been reminded to take action expeditiously.’

In spite of the above decision it is regretted to inform you that till date the Government orders on the subject matters has not yet been issued. It is therefore requested that the pending issue may be settled by issuing necessary Government Orders. A copy of the Government orders may please be endorsed to this Office.

Also check: GPF and similar funds Interest Rate - 8% (Eight percent) w.e.f. 1st January, 2019 to 31st March, 2019

Thanking you.

Yours sincerely,

Sd/-
(SHIVA GOPAL MISHRA)
Secretary

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Facilities to Defence Personnel

Facilities to Defence Personnel

Pay and allowances and other benefits / facilities are provided to the Armed Forces Personnel as per Government orders issued from time to time. Apart from pay, the Armed Forces Personnel deployed on borders in tough conditions, are being given certain compensatory allowances i.e. Field Area Allowance, Siachen Allowance, High Altitude Allowance, Island Special Duty Allowance, etc. and special clothing and ration as per extant rules. Improvement of facilities, service conditions, pay and allowances of the Armed Forces personnel is also a continuous process.

Further, provisioning of facilities to soldiers is a command function. It is ensured that all soldiers are provided facilities as per their entitlements. However, if in any case it is found that this is not done, suitable action is taken if any personnel is found to be erring.

This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Shri Gopal Shetty in Lok Sabha today.

PIB

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Indian Government Important Official Websites for Central Government Employees

Indian Government Important Official Websites for Central Government Employees

1. DOPT’S Recent Orders
2. Financial Orders

3. Air Travel Orders

4. Allowances Orders

5. APAR Orders

6. Advances Orders

7. CGEGIS Orders

8. HRA/ HAA Orders

9. Leave Orders

10. LTC Orders

11. MACP Orders

12. Miscellaneous Orders

13. Pay Orders

14. Pension Orders

15. TA Orders

16. Transport Allowance Orders

Source: Central Government News

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Posts of General Managers/Deputy General Managers/Asstt. General Managers in Nationalized Banks – guidelines regarding.

Posts of General Managers/Deputy General Managers/Asstt. General Managers in Nationalized Banks – guidelines regarding.

F.No.2/19/2004-IR

Government of India

Ministry of Finance

Department of Financial Services

Jeevan Deep, Parliament Street,

New Delhi-110001.

Dated the June 14, 2013

To

CEOs of all Nationalized Banks

Subject : Posts of General Managers/Deputy General Managers/Asstt. General Managers in Nationalized Banks – guidelines regarding.

Sir,

In continuation of this Department’s letters No.2/19/2011-IR dated 23.12.2011 and 16.3.2012 on the subject cited above, I am directed to state that after careful consideration, the following parameters have been decided based on the business mix as on 31.3.2013 for determining the posts of GMs :-

(i) The number of GMs in Nationalized Banks will be as under:-

For the Banks with Business	Number of GMs
Up to Rs. 1,50,000 crores	Number of GMs is 12
Beyond Rs 1,50,000 crores and less than Rs 4,00,000 crores	One additional GM for every Rs 18,000 crores
Beyond Rs 4,00,000 crores	One additional GM for every Rs 24,000 crores

(ii) Accordingly, the number of GMs in respective Banks will be as under:

Name of the Bank	Business mix as on 31.03.2013 (Figures in Crores of Rupees)	No. of GMs now proposed
Punjab and Sind Bank	122485	12
Dena Bank	163664	13
Vijaya Bank	167531	13
United Bank of India	170359	13
Bank of Maharashtra	170734	13
Andhra Bank	223934	16
Indian Bank	249136	18
Corporation Bank	285359	20
UCO Bank	305000	21
OBC	306084	21
Allahabad Bank	309678	21
Syndicate Bank	334778	22
Indian Overseas Bank	366501	24
Central Bank of India	402271	26
Union Bank of India	475673	29
Canara Bank	599792	38*
Bank of India	674808	38*
Punjab National Bank	700285	41*
Bank of Baroda	806696	43
TOTAL		442

*These banks may, however, retain the existing number of GMs.

(iii) The ratio of GM/DGM/AGM shall continue to be as before i.e 1:3:9.

(iv) The guidelines shall henceforth, be reviewed based on the business mix as on 31.03.2015 and the ceiling provided in Para (ii) above shall remain effective till next 

review.

2. Banks are advised to take appropriate action in the matter with due approval of the respective Board of Directors.

3. This issues with the approval of Secretary(FS).

Yours faithfully,

sd/-

(Manish Kumar)

Under Secretary to the Government of India

Copy to (i). All Government Nominee Directors (ii) Website of DFS.

Source: www.financialservices.gov.in

[http://financialservices.gov.in/download.asp?rec=265&NotificationType=C]

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