Thursday, 9 April 2015

MESSAGE FROM HON'BLE RAVI SHANKAR PRASAD, COMMUNICATION AND INFORMATION TECHNOLOGY MINISTER



 
      Sukanya Samriddhi Yojana ( SSA ) scheme was launch by the honble Prime Minister of India Shri Narendra Modi on 22nd January 2015. In a short span of just over 2 months the Post Offices across the country have opened 27,72,309 Sukanya Samriddhi Yojana accounts upto 31st March 2015.

Tuesday, 7 April 2015

Monday, 6 April 2015

Saturday, 4 April 2015

Thursday, 2 April 2015

Cabinet may approve 6% DA

The Union Cabinet approval for the 6% rise in the Dearness Allowance for the Central Government employees is expected to be announced .
It is a well-known fact that every six months, the Central Government increases the Dearness allowance for its employees during the months of January and July. The increased amount is calculated on the price index (CPI IW BY 2001=100) of essential commodities. Rise in the Dearness allowance is being calculated on the basis of the changes in the prices of the essential commodities during the periods between January and June and the period between July and December.

Government Announces Interest Rates for Various Small Savings Schemes; Rates to Come Into Force with Effect from 01-04-2015

         
 It was decided by the Government of India that interest rates on Small savings Schemes will be linked to yields on government securities of comparable maturity. In pursuance of that decision, the Government has decided to revise the rates applicable on various small savings schemes as given in the table below.

     Scheme
Rate of interest
w.e.f.01.04.2014
Rate of Interest
w.e.f. 01.04.2015


 Savings Deposit
4.0
4.0
 1 Year Time Deposit
8.4
8.4
 2 Year Time Deposit
8.4
8.4
 3 Year Time Deposit
8.4
8.4
 5 Year Time Deposit
8.5
8.5
 5 Year Recurring Deposit
8.4
8.4
 5 Year SCSS
9.2
9.3
 5 Year MIS
8.4
8.4
 5 Year NSC
8.5
8.5
 10 Year NSC
8.8
8.8
 PPF
8.7
8.7
Kisan Vikas Patra
8.7
8.7
Sukanya Samriddhi Account Scheme
9.1
9.2

The above rates will be effective from  1.4.2015.