INDIA POSTS BIG LEAP IN MODERNIZATION

India Post 2012 Project
DoP invited the bids for the selection of Core System Integrator

What is India Post 2012 Project?
The IT modernisation project, India Post 2012, intends to achieve the following:
I. Wider reach to the Indian populace through more customer interaction channels
II. Better customer service
III. Growth through new lines of business
IV. IT enablement of business processes and support functions
What are the Objectives to be achieved?
Business Priorities of Department of Posts are:
1)Mail Operations 2) Logistics Post 3) e-Commerce 4) Postal Banking Operation
5) Postal Life Insurance 6) Rural Business 7) Finance & Accounts 8) Human Resources
What it says about the Postal Accounts & Finance?
Finance & Accounts: The Postal Accounts & Finance (PAF) function forms the backbone of the
DoP’s products and services. As the DoP plans for the future, it would be important to tread the
path of sustained cost management and devising effective tools for intelligent business
decisions. Some of the objectives are:
a. To move from cash based accounting to accrual based accounting in specific areas of
operations within the DoP
b. To streamline the processes by eliminating duplication of data entry at different levels
c. To bring efficiencies in Inventory management and Procurement with real time validations
against approved budgets
Vision of India Post 2012
India Post 2012 aims at transforming the DoP into a “Technology Enabled, Self Reliant Market
Leader”. This translates into 5 initiatives covering increased market share and revenues, new
products and services, improved service delivery, motivated workforce and rural development.
India Post 2012 intends to build a core set of integrated applications covering key functions such as Mail Operations, Financial Services, Postal Insurance, Finance and HR. India Post 2012 also intends to transform the front and back end of the DoP operations. This re-engineering and improvement of operations and systems is expected to significantly improve service levels and transparency.
What the ‘Proposed Solution Blueprint’ says about Finance and Accounts?
Finance and accounts provide a single view of the financial performance of the DoP and plans to
maintain the accounting records under both accrual and cash system and information on costs and
tariffs. This includes tracking and reporting on budget approvals and fund utilization as per
Government of India guidelines. Finance and accounts also manage the procure-to-pay cycle for
goods and services purchased by DoP including inventory management, budgeting and
procurement, efficient vendor management for payables and receivables to ensure favourable
liquidity position for the department.

Confederation Of Central Government Employees

Circular No.21/2010 10th November, 2010

Dear Comrade,

Please refer to our Circular letter no. 20/2010 dated 30th October 2010 wherein we had conveyed the decisions of the last Secretariat Meeting held at New Delhi. As per the said decision we are to meeting in the National Council at Mumbai. The Mumbai State Committee has informed us that they have made arrangements for the National Council at the following venue:

D G F A F L I, Ministry of Labour Central Labour Institute Chunabhatti Road, Sion, Mumbai – 400 022, Near Sion Railway Station at Central Line

The meeting will be held on 1st December 2010 from 10.00 am. As per the provisions of the Constitution the members who are entitled to attend the National Council Meeting are as under:

(a) Office bearers and National Executive Committee members;

(b) The Chief Executives (General Secretary or Secretary General as the case may be) of all affiliated Associations/Unions (in the case of NFPE, the Chief executives of all its affiliates Unions/Associations. Viz Postal 3, Postal 4, RMS 3, RMS 4 and Postal Administrative and Accounts Associations/Unions)

The agenda for discussion in the meeting will be sent separately alongwith the Notice. All National Council members are requested to kindly make it convenient to reach Mumbai on 30/11/2010 and shall be able to leave on 02/12/2010. The members who need accommodation at Mumbai are requested to contact Com. R.P. Singh, Secretary, Mumbai State Committee at the following telephone numbers:

Mobile No. 09969080996 Tel (Office) : 022-24370448

The Mumbai State Committee will issue very shortly a detailed letter indicating the arrangements for stay, etc and other details. Kindly ensure that the passage for onward and return journey is reserved immediately.
With Greetings
Yours fraternally,

(K.K.N.KUTTY)

Secretary General

INSURANCE POLICIES TO BE AVAILABLE AT POST OFFICES

Post offices can now distribute insurance products with IRDA, allowing each circle of the Department of Post (DOP) to act as a corporate agent of insurers. "Each Circle of India post should be treated a separate unit in order to grant independent corporate agent licence with various insurers," insurance regulator IRDA said while granting permission to postal circles to distribute insurance products. It, however, said that in the case of metropolitan areas, head of Circle may approach IRDA for prior approval of further division in the circle as separate units to obtain licence to act as corporate agent in view of the large population. The DOP has divided the whole country into 22 postal circles for providing postal services. The Insurance Regulatory and Development Authority (IRDA) allowed each circle to tie up with two non-life insurance companies, two life insurance companies, one agricultural insurance company and one stand alone Health Insurance Company for this purpose. Corporate agents act as insurance agent for insurers and procure business on behalf of the insurance companies through its executives. The sector watchdog had last month sought views from insurers for granting corporate agency licence to the DoP to promote financial inclusion. An expert committee on 'Harnessing the India Post Network for Financial Inclusion' had earlier recommended that the low cost platform of India Post be used for strategic partners like microfinance institutions (MFIs), mutual funds and insurance companies.
It also suggested expanding the role of Post Office Savings Bank as an agent of Ministry of Finance to play a larger and direct role in financial inclusion. However, IRDA has disallowed the head office of India Post to engage in the distribution of the insurance products.
In its individual capacity the Head/Corporate Office of India Post shall not obtain license to act as Corporate Agent of any insurance company. The Head /Corporate Office of India Posts shall not engage in the distribution of insurance products of any insurance company registered with IRDA in any other capacity," it added.
Press Trust of India / New Delhi October 17, 2010, 14:12 IST

ATTENTION DELEGATES AIC AIPSBCOEA AND AIPCWEA

VENUE OF THE AIC "SUNDARAYYA VIGNANA KENDRAM BAGHALINGAMPALLI, HYDERABAD-500 044" (DELEGATE FEE RS. 300/-) AIC OF AIPSBCOEA WILL BE HELD ON 11.12.2010 AND AIPCWEA WILL BE HELD ON 12.12.2010.

DEPARTMENT CONSTITUTED A CADRE RESTRUCTURING COMMITTEE IN POSTAL ACCOUNTS.