current affairs for the month of june and july useful for central govt.exams

http://www.currentaffairs4examz.com/p/blog-page_24.htm

NOTIFICATIONN FOR THE POSTS OF OFFICE SUBORDINATES AND OFFICE PROCESS SERVERS JOBS IN KADAPA COURTS

http://ecourts.gov.in/kadapa/notifications-posts-process-server-and-office-subordinate-attend లింక్ ను మీరు చూదండి 

Awe-inspiring: From Waiter to an IAS Officer

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Inspired by the spider, the Scottish king Robert the Bruce told his men, 'If you don't succeed the first time, try, try and try again'

K Jayaganesh's story is similar. He failed the civil service examination six times but never lost heart. The seventh time -- his last chance -- he passed with a rank of 156 and has been selected for the Indian Administrative Service.


Jayaganesh's story is inspiring not because he did not lose heart but also because he comes from a very poor background in a village in Tamil Nadu, and though he studied to be an engineer, he worked at odd jobs, even as a waiter for a short while, to realise his dream of becoming an IAS officer.


Read on for Jayaganesh's inspiring achievement, in his own words:


Childhood in a remote village


I was born and brought up in a small village called Vinavamangalam in Vellore district. My father Krishnan, who had studied up to the tenth standard, worked as a supervisor in a leather factory. My mother was a housewife. I am the eldest in the family and have two sisters and a brother. I studied up to the 8th standard in the village school and completed my schooling in a nearby town.


I was quite good at studies and always stood first. Coming from a poor family, I had only one ambition in life -- to get a job as fast as I could and help my father in running the family. My father got Rs 4,500 as salary and he had to take care of the education of four children and run the family, which you know is very difficult.


So, after my 10th standard, I joined a polytechnic college because I was told I would get a job the moment I passed out from there. When I passed out with 91 per cent, there was a chance for me to get entry to a government engineering college on merit. So I decided to join the Thanthai Periyar Government Engineering College to study mechanical engineering. My father supported my desire to study further.


Even while doing engineering, my ambition was still to get a job. If you look at my background, you will understand why I didn't have any big ambitions. Most of my friends in the village had studied only up to the 10th standard, and many did not even complete school. They worked as auto drivers or coolies or masons. I was the only one among my friends who went to college.


I understood the importance of education because of my parents. My father was the only one in his family to have completed school, so he knew the value of education. My parents saw to it that we children studied well.


In search of a job


Four days after I completed my engineering in 2000, I went to Bangalore in search of a job and I one without much difficulty. My salary was Rs 2,500 at a company that reconditioned tools.


It was in Bangalore that I started thinking about my village and my friends. I wondered sadly why none of them studied and worked in good companies. Because they had no education, they always remained poor. There was not enough money to buy even proper food. There was no opportunity there; the only place they could work was the tannery in the nearby town. If they didn't get work at the tannery, they worked as auto drivers or coolies. In short, there was no one in my village to guide the young generation.


I thought would I be able to help my villagers in any way?


Getting interested in the civil service examination


Till then, I had not even heard of something called the civil services examination. It was only after I went to Bangalore and saw the world that I was exposed to many things. I came to know that a collector in a small place could do a lot. At that moment, I decided that I wanted to be an IAS officer.


I resigned and went home to prepare for the examination. I never thought resigning was risky because I had the confidence and knew I would do well.


My father also supported me wholeheartedly. He had just got a bonus of Rs 6,500 and he gave me that money to buy study material. I sat in my village and studied from the notes I received by post from Chennai.


Failed attempts


In my first two attempts, I could not even clear the preliminary examination. I had no idea how to prepare for the exam, what subjects to opt for and how to study. There was nobody to guide me.


I had taken mechanical engineering as my main subject. That's when I met Uma Surya in Vellore. He was also preparing for the examination. He told me that if I took sociology as an option, it would be easy.


Even with sociology as the main subject, I failed in the third attempt. But I was not disappointed. I knew why I was failing. I didn't have proper guidance. I started reading newspapers only after I started preparing for the examination! So you can imagine from what kind of background I came from.


To Chennai for coaching


When I came to know about the government coaching centre (external link) in Chennai, I wrote the entrance examination and was selected. We were given accommodation and training.


Because I got tips from those who passed out, I passed the preliminary in my fourth attempt. We were given free accommodation and food only till we wrote the main examination. After that, we had to move out. I didn't want to go back to the village but staying in Chennai also was expensive.


I tried to get a job as an engineer but my efforts turned futile. I then decided to look for a part time job so that I would have time to study.


Working as a waiter in Chennai


I got a job as a billing clerk for computer billing in the canteen at Sathyam Cinemas. I also worked as the server during the interval. It never bothered me that I, a mechanical engineer, preparing for the civil services, had to work as a server. I had only one aim -- to stay on in Chennai to pass the examination.


Attending the interview in Delhi


After I got the job at the Sathyam Cinemas, I was called for the interview. As counselling was my hobby, a lot of questions were asked about counselling. I was not very fluent in English but I managed to convey whatever I wanted to. Perhaps I did not articulate well. I failed in the interview.


Preliminary again, the 5th time


Once again, I started from the beginning. Surprisingly, I failed in the preliminary itself. On analysis, I felt I did not concentrate on studies as I was working at Sathyam Cinemas.


I quit the job and joined a private firm to teach sociology to those preparing for the UPSC examinations. While I learnt the other subjects there, I taught sociology. Many friends of mine in Chennai helped me both financially and otherwise while I prepared for the examination.


Sixth attempt


I passed both the preliminary and the main in the sixth attempt but failed at the interview stage.


While preparing for the interview, I had written an examination to be an officer with the Intelligence Bureau and I was selected. I was in a dilemma whether to accept the job. I felt if I joined the IB, once again, my preparation to be an IAS officer would get affected. So, I decided not to join and started preparing for one last time.


Last attempt


I had to give the last preliminary just a few days after the previous interview. I was confused and scared. Finally, I decided to take the last chance and write the examination. Like I had hoped, I passed both the preliminary and the main.


The interview was in April, 2008 at Delhi. I was asked about Tamil Nadu, Kamaraj, Periyar, Tamil as a classical language, the link between politics and Tamil cinema etc. I was upset since I did not wish the interviewers at the start and they did not respond when I said thanks at the end. Both the incidents went on playing in my mind. I just prayed to God and walked back.


The day the results were out


I was extremely tense that day. I would know whether my dreams would be realised or not. I used to tell God, please let me pass if you feel I am worthy of it.


I went to a playground and sat there meditating for a while. Then, I started thinking what I should do if I passed and what I should do if I didn't.


I had only one dream for the last seven years and that was to be an IAS officer.


156th rank


Finally when the results came, I couldn't believe myself. I had secured the 156th rank out of more than 700 selected candidates. It's a top rank and I am sure to get into the IAS.


I felt like I had a won a war that had been going on for many years. I felt free and relieved.


The first thing I did was call my friends in Chennai and then my parents to convey the good news.


Warm welcome in the village


The reception I got in my village was unbelievable. All my friends, and the entire village, were waiting for me when I alighted from the bus. They garlanded me, burst crackers, played music and took me around the village on their shoulders. The entire village came to my house to wish me. That was when I saw unity among my villagers. It was a defining moment for me


What I want to do


I worked really hard without losing faith in myself to realise my dream. My real work starts now. I want to try hard to eradicate poverty and spread the message of education to all people. Education is the best tool to eradicate poverty. I want Tamil Nadu also to be a literate state like Kerala.


Just take my example. I could come out of a poor background to this level only because of education. I didn't get any guidance when I was young. So I want to give proper guidance to the youth in the villages. They have the ability to go up but there is nobody to guide them. I want to be a guiding force to such youngsters. As I come from that background, I understand them best.


Reservations


I strongly feel that reservations are needed to uplift the section of society that is at the bottom. Unless you lift them up, they can't come up. As they had been at the bottom for thousands of years, they are not equipped to compete with the higher sections of society.


Now that I am going to be an IAS officer, I will move to the creamy layer in reservations. My children would be from a background that is totally different from what mine was. If I continue taking the benefits of reservation, I would be doing injustice to society. So, I will not take the benefits again.
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Increase in PRF amount

The amount of A.P.Posal Relief Fund amount which is paid to the deceased postal employees (Departmental and GDS) is increased from Rs.25,000- to Rs.30,000- w.e.f 01.08.2015 and accordingly subscription amount per month is also increased from Rs.25- to Rs.30- recoverable from the pay of the month of August'2015.  If any GDS or Departmental staff has not yet joined the scheme, the may submit application to DO.
Click Here to view the circular and application.

Revision of FMC to Postman and Remuneration to other staff

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D.G. Posts No. 10-7/2001-PE-II dated 14^th August, 2015.

 I am directed to refer to Directorate letters of even number dated 04.09.2002, 20.01.2003 and 24.11.2010 on the above mentioned subject.

2.           The Department has revived a number of references from the staff Associations requesting for upward revision of Fixed Monetary Compensation (FMC) admissible to Postman Staff. A Committee of Senior Officers  was constituted for looking into the issue and the  report of the Committee has been examined  carefully in consultation with Integrated  Finance  Wing  and the Competent Authority has ordered enhancement of the  Fixed Monetary  Compensation (FMC) admissible  to Postmen staff. The details are as under:

S.L. No.	Item	Existing Rate	Revised Rate
(a)	When one Postman performs duty of an absentee Postman by combination of duties.	Rs.50 per day	Rs. 94 per day
(b)	When two Postmen perform duty of an absentee Postman by sharing the beat.	Rs.24 per day	Rs.47 per  day

3.           The Competent  Authority  has also ordered fixation / revision of Holiday/Sunday Monetary  Compensation payable to Postmen  Staff and other  Departmental Staff brought on duty on 2^nd consecutive Holiday if three consecutive  holidays occur or duty performed on Sunday as shown under:

Cadre	Item	Existing Rate	Revised	Remarks
Postmen/Sorting Postmen	When duty performed on Holiday/Sunday	Rs.85	Rs.282/- per day for full day duty.	Nil
MTS	When duty performed on Holiday/Sunday	Rs.60	Rs.29/-per hour, subject to maximum of 3 hours	If duty performed above 3 hours, the employee is eligible to claim for 3 hours pay only.
Postal Assistant	When duty performed on Holiday/Sunday	Rs.85	Rs.41/-per hour, subject to maximum of 3 hours
Supervisor	When duty performed on Holiday/Sunday	Rs.85	Rs.47/-per hour, subject to maximum of 3 hours

4.           All other conditions for payment of Fixed Monetary Compensation (FMC) issued vide OM No. 10-23/87-PE-I dated 21.12.1993 and delivery of Unregistered letters on Holidays issued  under 9-25/92-C1 dated 10.09.92 will remain unchanged.

 5.          The expenditure on account of revision has to be met from the allocated funds of the units under the prescribed Head of Account.

  6.         These orders will take effect from the date of issue.

7.           This issues in consultation with the Integrated Finance Wing vide their diary number 118/FA/2015/CS dated 14.08.2015.

                                                                                                                              Sd/-

(Maj)S.N.Dave)

Assistant Director General (Estt.)

Payment bank license to DOP

RBI today decided to grant "in-principle" approval to 11 applicants, including DoP, National Securities Depository Ltd and RIL, to set up payments banks.

 The payments bank license will enable the Department of Post (DoP) to offer banking services to the masses through its vast network of 1,54,000 post offices, of which 1,30,000 are in rural areas. As per RBI guidelines, payments banks would offer a limited range of products such as demand deposits and remittances. They will not be allowed to undertake lending activities and will initially be restricted to holding a maximum balance of   Rs.1 lakh per individual customer. They will be allowed to issue ATM or debit cards as also other prepaid payment instruments, but not credit ca

Pressure on Public sector Banks from India Post, on approval of Payments Bank licence

The RBI approval for setting up payment banks will pave the way for financial inclusion through a combination of branches and digital platforms.

What will be the impact on universal banks?

The impact on private sector banks will be minimal because they have already made strong investments in technology. Also some of the private sector banks like Kotak Mahindra Bank Ltd, Yes Bank Ltd and ICICI Bank Ltd have tied up with some of the companies that have got approval for setting up payment banks and hence will not be affected much. Large public sector banks have also tied up with or will very probably tie up with entities that have received payment bank approval. That is why RBI governor Raghuram Rajan, in an interaction with State Bank of India chairperson Arundhati Bhattacharya on Thursday, made light of the threat to big banks from payment banks, and said instead they could act like feeder banks and make the larger banks more competitive.

But there could be an impact on small and medium public sector banks as incremental deposit growth and market share will see some impact from payment banks, especially in the rural and semi-urban areas. Remember, public sector banks are also seeing their current and savings account (Casa) deposit share slowing and have a huge pile of bad debts, which is affecting their profitability and ability to

There could also be pressure on public sector banks’ deposit franchise from India Post, which has received payment bank approval. India Post’s reach, with 139,000 post offices, significantly exceeds the number of bank branches at around 44,700 in rural areas. Since payment banks are allowed to take deposits up to Rs.1 lakh, public sector banks could lose out on customers who might open savings accounts with the post office.

Post offices have long been trusted for long-term deposits and by offering Casa deposits, they could potentially cannibalize public sector banks’ Casa share in rural markets, which makes up around 90-95% of the Casa deposits, according to a Nomura Global Markets Research note dated 19 August.

India is far from being the only country where technology armed with financial apps is challenging traditional banks. In China, mobile apps have mushroomed and have started threatening the backward and inefficient traditional banks, so much so that many customers have switched directly from cash transactions to banking through mobile apps.

Moreover, mid and small public sector banks could also lose out from business correspondents (BCs). Payment banks are permitted to collect deposits through branches or BCs. FINO PayTech Ltd is one of the largest BCs to get a payment bank licence. With an established rural network, it will create strong competition for public sector banks in rural areas.

Payment banks could also start offering competitive deposit rates of as high as 6-7% to lure customers, compared with the average 4% savings deposit rates of traditional public sector banks, according to Ambit Capital Pvt. Ltd in a note dated 20 August. This could weigh on the deposit franchise of public sector banks in the long run.

Besides the threat to deposits, competition for state-owned banks will intensify as payment banks, which are backed by digital platforms, adequate capital, zero legacy issues, and low-cost innovative and convenient services, will compete heavily for liabilities in rural and semi-urban areas. There could be a loss of market share in payment transactions and government transfers too, said CLSA in a report dated 20 August.

In fact, competition from here on is only going to get tougher. RBI is going to announce small finance banks soon and is currently evaluating around 70 applications. That means, in the longer term, some of the smaller public sector banks may remain under pressure, particularly those that are strapped for cash and cannot participate fully once a full-fledged recovery happens.

Book for MTS exam

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