Recommended Allowance by GDS Pay Committee 2016

As per Nataraja Murti Committee 2007 (GDS Pay Committee 2007), Garmin Dak Sevak are now getting some allowance like Dearness Allowance 142% on basic, Office Maintenance Allowance (OMA) 100/-, Stationary Allowance (SA) 50, Combined Duty Allowance 500/- CCA 25/-, Cycle Maintenance Allowance 10/- etc. but GDS Pay Committee 2016 (Kamalesh Chandra Committee) has recommended more […]

Continue Reading

Recommended Pay by GDS Pay Committee 2016

Gramin Dak Sevak Committee recommended three wages scale, Two Level and 31 Stage for GDS. Here is the simple understanding of this recommendations Recommended Pay by GDS Pay Committee 2016. Recommended Wages Scale :- Assistant Branch Postmaster/Dak Sevak Level 1, 10000-24470 Assistant Branch Postmaster/Dak Sevak Level 2 & Branch Postmaster Level 1, 12000-29380 Branch Postmaster Level 2, 14500-35480 […]

Continue Reading

Sovereign Gold Bond – Frequently Asked Question

Reserve Bank of India has updates the Frequently Asked Question of Sovereign Gold Bond on 13.04.2018. Here is the FAQ which you need to know. 1. What is Sovereign Gold Bond (SGB)? Who is the issuer? SGBs are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay […]

Continue Reading

Postman will Play a Major role in Banking Operation of IPPB

The khaki-clad, now largely forgotten, ‘dakia’ is drafted in as a key player in the scheme of things to drive Prime Minister Narendra Modi’s pet initiatives of Digital India and financial inclusion. Internet illiteracy in rural India where millions still use mobile phones for only voice communication is a major impediment to take Digital India […]

Continue Reading