List of Allowances & Advances increased by 25% due to DA touched to 100% with effect from 1.1.2014.

List of Allowances & Advances increased by 25% due to DA touched to 100% with effect from 1.1.2014.

Written By Admin on May 9, 2014 | Friday, May 09, 2014

List of Allowances & Advances increased by 25% due to DA touched to 100% with effect from 1.1.2014.

List of all allowances and advances enhanced by 25% from the existing level from 1st January 2014 in order to enter the Dearness allowance into 100%. Already in January 2011, followed the 6th CPC recommendations, all the allowances and advances had been enhanced by 25% due to Dearness allowance crossed 50% mark. This is second time to get the allowances at revised rates.

The complete list of allowances and advances to eligible for Central Government employees including Railway employees are compiled by NFIR and the same we reproduced for your ready reference as under..

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No.	Name of the Allowances	6th CPC Revised Rates from 1.9.2008	25% Increased from 1.1.2011 (DA Crossed 50%)	25% Increased from 1.1.2014 (DA Crossed 100%)
1.	Children Education Allowance	Rs.1000	Rs.1500	Rs.1800
2.	Hostel Subsidy Allowance	Rs.3000	Rs.3750	Rs.4500
3.	Child Care Allowance (for disabled)	Rs.1000	Rs.1250	Rs.1500
4.	Washing Allowance	Rs.60	Rs.75	Rs.90
5.	Travelling Allowance	Rs.210 340 400 460 520	Rs.263 425 500 575 650	Rs.316 510 600 690 780
6.	National Holiday Allowance	Rs.170 212 280	Rs.213 265 350	Rs.256 318 420
7.	Breakdown Allowance	Rs.80 120 160 200	Rs.100 150 200 250	Rs.120 180 240 300
8.	Special Allowance for Engg.Gateman	Rs.300	Rs.375	Rs.450
9.	Conveyance Allowance	Rs.370 480 640 750 850 1120 1680 2070 2430 3000	Rs.463 600 800 938 1063 1400 2100 2525 3038 3750	Rs.556 720 960 1126 1276 1680 2520 2980 3646 4500
10.	Cycle Maintenance Allowance	Rs.60	Rs.75	Rs.90
11.	Night Patrolling Allowance	Rs.6	Rs.8	Rs. 12
12.	Road Mileage Allowance	Rs.8 16	Rs.10 20	Rs.12 24
13.	Tribal Area Allowance (Composite HCA)	Rs.240	Rs.300	Rs.360
14.	Hill Area Allowance	Rs.480 600	Rs.600 750	Rs.720 900
15.	Bad Climate Allowance	Rs.400 240	Rs.500 300	Rs.600 360
16.	Nursing Uniform Allowance	Rs.6,000	Rs.7,500	Rs.9,000
17.	Nursing Allowance	Rs.3,200	Rs.4,000	Rs.4,800
18.	Washing Allowance(Nursing Staff)	Rs.300	Rs.375	Rs.450
19.	Hospital Care Allowance	Rs.1,400	Rs.1,750	Rs.2,100
20.	Patient Care Allowance	Rs.1,390	Rs.1,738	Rs.2,086
21.	Project Allowance Construction Survey	Rs.1,500 1000	Rs.1,875 1250	Rs2,250 1500
22.	Compensatory Allowance Construction	Rs.1500 1000	Rs.1875 1250	Rs2250 1500
23.	Composite Transfer Grant CTG	Rs.18 9 4.60	Rs.22.50 11.25 5.75	Rs. 27.00 13.50 6.90
24.	Uniform, Kit Maintenance, W.Allowance	Rs.14000 300 60	Rs.17500 375 75	Rs.21000 450 90
25.	PG Allowance & Annual Allowance	Rs.1000 600	Rs.1250 750	Rs.1500 900
26.	Health & Malaria Inspectors(Additional duty)	Rs.400	Rs.500	Rs.600
27.	Commercial Staff in charge of flag stations	Rs.80	Rs.100	Rs.120
28.	Teachers Library i.ATP-Primary School ii.Middle School iii.High/Hr.Sec.School	Rs.200 300 400	Rs.250 375 500	Rs.300 450 600
29.	Announcers ECRCs/Comml.clerks/TCs	Rs.120	Rs.150	Rs.180
30.	Train Supdt./TS	Rs.600	Rs.750	Rs.900
31.	Steward (Dy.TS) (Rajdhani Exp.)	Rs.240	Rs.300	Rs.360
32.	CTIs/TTEs Flying Squad	Rs.200	Rs.250	Rs.300
33.	Cook/Cook mate	Rs.80	Rs.100	Rs.120
34.	Senior Scale JA Gr.SA Grade (Hindi Officers)	Rs.400 600 1200	Rs.500 750 1500	Rs.600 900 1800

No.	Name of the Advances	6th CPC Revised Rates from 1.9.2008	25% Increased from 1.1.2011 (DA Crossed 50%)	25% Increased from 1.1.2014 (DA Crossed 100%)
1.	Natural Calamity Advance	Rs.5,000	Rs.6,250	Rs.7,500
2.	Festival Advance	Rs.3,000	Rs.3,750	Rs.4,500
3.	Warm Clothing Advance	Rs.3,000	Rs.3,750	Rs.4,500
4.	Bicycle Advance	Rs.3,000	Rs.3,750	Rs.4,500
5.	Food Advance	Rs.3,000	Rs.3,750	Rs.4,500

Source : http://90paisa.blogspot.in/

CBS - PRE MIGRATION ACTIVITIES

CBS - PRE MIGRATION ACTIVITIES

Written By Admin on May 9, 2014 | Friday, May 09, 2014

CORE BANKING SOLUTION

(PRE MIGRATION ACTIVITIES)

Core Banking Solution (CBS) is a network of post offices, which enables customers to operate their accounts and avail account related services from any post office. It replaces the existing sanchay post. The difference between sanchay and CBS is very simple. Sanchay Post is a LAN (Local Area Network) based application. CBS on the other hand is a centralized application with internet base.

CBS will make the job stress free as there will not be any possibility of data manipulation at any stage. There will be master data for each customer with a unique customer id. This will also link one account with all other accounts.

In the first phase, the core banking solution with finacle software will be implemented in all Head Post offices. All savings data ie SB, RD, NSC, KVP, MIS, TD, PPF along with all discontinued schemes, should be updated in sanchay post or in the tool supplied by the department.

As the modification is very difficult and risky job in finacle, all postmasters should see that the information should be fed with accuracy. The following are some important tasks to be completed immediately before migration to make the CBS success.

CERTIFICATES

Segregate all live applications from the binder and file the same in separate binders (say 200 or 300 for each) and allot serial no to the all binders.

Handover the binders to the infoysis vendors one by one.

Check the feeding cent percent and put a remark CHECKED on the binder.

Settle all discrepancies, if any, on the end of the day itself with top most priority as it is almost all impossible after migration.

A register with binderwise and with the columns date, type, binder no, appln from-to, total no of applns, no of applns completed, no of applns due in the binder, remarks should also be maintained daily.

DATABASE ANALYZER

Install and run latest DB Analyzer ie DBA+ and settle all discrepancies immediately.

Install and run latest DET and settle all discrepancies immediately.

A register with columns date, type, nature of discrepancy, total No, settled today, balance due, remarks.

PASSBOOKS VERIFICATION

Call for all SB passbooks ie SB/RD/TD/PPF etc through SB 46 notices and verify the same with the PB Vfn Tool.

Settle all discrepancies immediately by checking with original vouchers.

Verify all closed TD accounts, which may likely be shown as live in sanchay module.

A register with columns date, type, total no of passbooks existing, passbooks reced for vfn, verified, balance, remarks.

MISCELLANEOUS

Clear all minus balances immediately and maintain a register with columns date, OB, raised today, total, cleared today, balance, remarks.

Clear all SBCO Objections immediately and maintain a register with columns date, OB, raised today, total, cleared today, balance, remarks.

Complete labeling of all silent accounts immediately.

Open savings accounts to each MPKBY and SAS agents and upload the same with sanchay module.

Verify SB-63 and SB-85 registers and see that the same may be updated

Tips for managers: How to inspire your team members

Tips for managers: How to inspire your team members

Written By Admin on May 9, 2014 | Friday, May 09, 2014

At a time when an increasingly impatient generation is joining the workforce, and the rest are grappling with a gloomy economic outlook, a manager's job has gone far beyond just getting the job done, to inspiring his team to commit, and innovate on a daily basis. Shreya Roy speaks to experts to find about ways to inspire your team.

State the Purpose and Let your Team in on the Vision

A team can't function in void, without understanding what they are working towards. Paint the big picture for your team, and show them where their efforts are headed. "An inspiring leader is one who understands how to mobilise people towards a shared goal," says Shilpa Vaid, senior vicepresident and head- HR, Bharti AXA General Insurance.

Be Authentic and Show Courage

With changing times, team members are not likely to respect a know-it-all. Managers today are also dealing with a generation that is more inquisitive, unafraid to ask tough questions. "Having humility, accepting what you can and can't do, is necessary to inspire people around you. The current generation needs to see the real you," says Vaid.

Recognise and Encourage

The new workforce has been raised in an environment where parents and schools spend more time in recognising their efforts. "When you walk down to your team members, recognise them for the good work they have done, and do it till it comes naturally to you," says Mark Driscoll, Human Capital leader, PwC India.

Be Empathetic and Respect Individual Differences

Understand that not everyone is motivated by the same things. As a leader, it is your responsibility to understand what works for each of your team members. "Don't be surprised if what works for you does not work for everyone else, and have patience for those who may not be driven by the same ambition as yours," says Vaid.

Walk the Talk

A good leader not only shows the way, but also goes the way. Nothing inspires a team more than seeing an energetic leader who is down in the trenches, performing with the standards that he expects from his team. "Do what you say, and walk the talk," says Driscoll.

Source : The Economic Times

10 year olds can open and operate bank account alone: RBI

10 year olds can open and operate bank account alone: RBI

Written By Admin on May 7, 2014 | Wednesday, May 07, 2014

MUMBAI: Children older than 10 years will no longer need the help of their parents or guardians to open and operate a savings bank account. To boost financial inclusion, the Reserve Bank of India (RBI) on Tuesday said that banks were at liberty to allow minors above 10 years to independently open and operate savings bank accounts. As of now, banks allow minors to operate bank accounts only along with a parent or a guardian. All children and teenagers below the age of 18 are considered minors under current rules.

RBI also allowed banks to offer additional facilities like internet banking, ATM, debit card and chequebook to a minor. However, the central bank said that such facilities should be within the overall norms that banks will not allow a minor's account to be overdrawn and that these accounts should always remain in credit.

However, RBI has given the leeway to banks to fix the minimum age at which they will allow minors to operate savings bank accounts independently. Banks can also fix a maximum limit on money such minors can have at their disposal through such account. Banks can also decide on what kind of documents will be needed to open accounts by minors, a notification from RBI said.

In a separate notification, the RBI said banks cannot slap charges on customers for not maintaining the minimum balance in inoperative savings and current accounts — in which no transactions have been made for two years. The central bank had announced this change in its April 1 monetary police and was made effective on Tuesday.

In its last policy meeting document, the RBI had also said that banks should not take undue advantage of customer difficulty or inattention relating to banking services. "Instead of levying penal charges for non-maintenance of minimum balance in ordinary savings bank accounts, banks should limit services available on such accounts to those available to Basic Savings Bank Deposit Accounts and restore the services when the balances improve to the minimum required level," the policy document had said.

In recent times, there have been cases where due to penal charges in inoperative accounts, customers had negative balances. And when they went to close such accounts, they were asked to pay up. The latest RBI circular will avoid such situations

How to handle tricky situations at workplace

How to handle tricky situations at workplace

Written By Admin on May 6, 2014 | Tuesday, May 06, 2014

By Devashish Chakravarty

It isn't possible to have a happy and positive environment at work all the time. You are bound to run into altercations and tricky situations that can impact your work or even derail your career. Though the causes may not always be under your control, you can choose your reaction and swing the outcome in your favour. Here are a few such situations and the ways you can deal with them.

You have not been promoted, but love your work

Was it a company-wide promotion freeze or performance issues? Should you leave or stay for an increment and promotion next year? If you have a back-up offer in a similar, exciting role with a potential raise, it is a good time to explore it. If you don't, speak to your manager to understand performance or relationship challenges that held you back, and create a time-bound action plan to get to your goal quickly.

Don't compare yourself with others or lose sight of what matters more to you—job satisfaction and security, or career progression. The opposite of this situation is if you hate your work, but have got a raise. Leverage this to find a similar position in a profile you enjoy or create challenges in your present role.

You get a promotion and your friends now report to you

Your professional commitments will often conflict with personal equations when you have to pull up a friend for missing a deadline or ask him to work over the weekend to complete a project. You and your friends will find it challenging to separate the professional from the personal on a daily basis. The overlapping actions and reactions will either hamper work outcomes or damage the relationship.

Take the professional approach to protect your career. Have an honest chat with your ex-colleagues and discuss mutual expectations and concerns. Be clear that the workplace equation cannot remain the same and reach a rational agreement. Deliver on your promises and expect the same in return. Also explore options in your firm that will let you work with a different set of team members.

You have blundered at work

You have caused a major goof-up, which can affect you, your team or the firm. Your only focus should be maintaining your credibility as a professional. So, first take steps to communicate the issue to all stakeholders before they hear it from another source.

Choose a face-to-face meeting over written communication. Take complete ownership of the issue, explain what happened, discuss the solution and deadline you have created to resolve the issue, and measures you will take to prevent a recurrence. Be contrite, apologise, recommit to resolving all concerns and communicate it by the planned deadline. Finally, take action and fulfil your commitment.

You have had a public spat with your boss

Did your boss scream at you? Shouting back or standing your ground is usually a bad idea. Stay calm and exit the situation to minimise further damage. When tempers have cooled, return and share your concerns about the tone, words or presence of others. Be respectful, discuss the event and not your boss's personality, and focus on what would work better in the future. If this is a recurring situation, consider escalating it or speaking to the HR.

Did you scream at your boss in public? When you have got a rational grip on yourself, go back to apologise sincerely and commit to rebuilding the relationship. Respect his choice to take action against you. If your firm hauls you up, explain the circumstances leading to the breakdown and main maintain your sincerity in apologising and working towards undoing the damage. If the situation is serious and you are at fault, start exploring options outside the firm.

You've broken up with a colleague

The first step is to not speak about it or badmouth your ex to your boss and co-workers. Ignore all gossip and conversation on the matter and people will soon lose interest. If your boss takes up the issue and expresses concern about your ability to work together, make work your prime focus. Be at your polite and professional best while dealing with the person you broke up with.

If interacting civilly becomes difficult, seek out projects or teams that will help you avoid confrontations. Leaving the job should be your last resort and only if you perceive that your career will be compromised by continuing. Finally, remember that despite the convenience and temptation, an office romance is usually a bad idea and hinders your professional growth.

Others got the credit for your work

If it is your co-worker, discuss it with him. For minor issues and genuine intent, seek a solution for the future and drop the matter. For major issues or where the co-worker is malicious, escalate the matter in a professional tone and with adequate evidence. If your boss gets credit for your work, decide if it is an issue with you. Typically, the leader gets credit for the team's output with the understanding that the contributors will be acknowledged.

If this does not happen, meet him personally and express your surprise at being left out. Reiterate your support for his goals while sharing his expectations. If the issue is not resolved, crosscheck your evidence and speak to your mentor or HR to discuss options. In future, document your contributions and ideas on e-mail or share them in public to help get credit for your work.

You are the subject of a vicious rumour

The best response to negative gossip is to ignore it and be silent instead of reacting defensively. All gossip eventually dies down. However, this is a bad idea if the rumour is malicious and can harm your career. If you can identify the source, seek a direct, but non-threatening, conversation and seek an explanation. Be open to dealing with misunderstandings or real or perceived grievances.

If the person apologises or with draws his statement, suggest a solution that will curb the rumour. If the person refuses to engage, escalate the matter. Speak to your boss if you cannot identify the source of rumour. Employers prefer to actively stamp out false gossip that destroys individual or team morale.

The writer is Director, Executive Search, at QuezX.com

CBS - Finacle Training Materials

CBS - Finacle Training Materials

Written By Admin on May 6, 2014 | Tuesday, May 06, 2014

1. Final CPC Process Flow - Updated
2. Agent Portal
3. Cash Payment
4. Cash Receipt
5. Cheque Book Issue
6. Customer Information File
7. Migration Process PPT
8. Finacle Menu Option

How to Embed Hyperlinks in Word 2010

How to Embed Hyperlinks in Word 2010

Written By Admin on May 5, 2014 | Monday, May 05, 2014

You may already know how easy it is to copy and paste an URL (Uniform Resource Locator) into Word documents.

The link appears in blue (the default) and can be activated using the key combination shortcut Ctrl + Enter.

But did you know that you can embed hyperlinks in your Word document? Embedding the link will allow the text in your document to flow naturally and will avoid the disruption caused by those long and unreadable URLs.

Follow the steps below to embed a hyperlink in your document:

1. Highlight the word or phrase that you would like to turn into a link.
2. Click on the Insert tab on your Ribbon.
3. In the Links group, select Hyperlink or simply highlight your text and click Ctrl + K which will open the Insert Hyperlink Dialog box.

4. In the Text to Display area you will see the text you highlighted.
5. At the bottom in the Address area, you will paste the URL.

That certainly looks better than a whole long URL doesn’t it