Thousands of products from e-commerce companies such as Amazon, Snapdeal, Flipkart, HomeShop18, Shopclues, Naptol and Yepme are reaching the remotest corners of India everyday, owing to their last-mile partnership with India Post, the government-operated postal network. On its part, India Post transacted business worth Rs 500 crore in cash-on-delivery alone for e-commerce players in 2014-15. Its revenue from this business rose from Rs 20 crore in 2012-13 to Rs 100 crore in 2013-14. But that’s just one side of the story.
Sovereign Gold Bonds(SGBs) will be available for sale at all the Head Post offices in the country between 05.11.2015 to 20.11.2015 and issue price for Tranche has been fixed as Rs 2684/- per gram of gold.Bonds will be issued on 26.11.2015 for applications received for investment in this period for SGBs.
Click here to view the Operational instructions and procedure communicated vide Postal Directorate letter no 36-36/2015-BD & MD dated 04.11.2015.
It was informed by General Secretary, All India association of Inspectors and Asst Supdt Posts that the copy of the Judgement dated 10.10.2015 of Hon'ble CAT Bench, Ernakulam in OA No. 289/2013 on IP grade Pay issue has been submitted to 7th CPC for consideration of Grade Pay of Rs 4600/- to Inspector Posts cadre on par with the Inspectors of Central Board of Direct Taxes (CBDT), Central Board of Excise and Customs (CBEC) and Assistant in the Central Secretariat Service (CSS).
Copy of the General Secretary, All India association of Inspectors and Asst Supdt Posts is reproduced below.
Emerging as a leading distribution channel for the e-commerce sector, India Post collected over Rs 800 crore through cash-on-delivery (CoD) facility and is looking to further strengthen its position in the segment by starting a pilot service for same-day delivery.
Postal Directorate, vide its OM dated 18.08.2015, has prescribed some parameters to be followed for creation of Biller IDs under ePayment for collection of various bills,fees etc.
Presently Biller IDs for the organizations entering into tie-up with the postal Department is created irrespective of any fixed criteria for providing business.
Keeping in view of the low business provided by certain Billers, certain criteria/parameters have now been prescribed according to the level of the Billers so as to get effective outcome from the business.
The parameters are as follows :
