Assets and Debts Returns

Working weekends? PM Narendra Modi may ask ministers & bureaucrats to work 6 days a week

Prime Minister Narendra Modi is likely to move towards a six-day work week model for all ministries and the bureaucracy, reported ET Now. According to ET Now, Modi may ask ministers and bureaucrats to work on Saturdays too. 

According to ET Now, the Prime Minister is also likely to hold review sessions with ministries as and when the need arises. Meanwhile, after brainstorming with his key ministers, Narendra Modi will meet top bureaucrats of economic ministries to chalkout action plan for his government for next 100 days. 

Modi, who last week enunciated a 10-point framework for good governance with sectors like education, health, water, energy and road besides reforms in infrastructure and environment accorded top priority, has asked ministries to prepare 100-day action plans. 

Secretaries of various departments have been clubbed into batches. All secretaries in the finance ministry are in Batch-A while top bureaucrats in power, petroleum, coal, renewable energy and mines in Batch-B. 

Infrastructure departments like road, shipping, railways and civil aviation are in Batch-C and secretaries for departments related to food have been clubbed in another batch. 

Besides clearing pending issues and decisions, the BJP government wants to accelerate economic growth by completing infrastructure projects in time-bound manner, exploiting natural resources as well as increasing investment.

Source:- The Economic Times

Postal department plans core banking platform, ATMs at POs

Postal department plans core banking platform, ATMs at POs

New Delhi: The Department of Posts (DoP) is planning to introduce core banking solution (CBS) platform, including setting up of ATMs at select post offices across metro and non-metro cities in the country, minister of state for communications and IT Sachin Pilot today said.

“It is planned to introduce CBS platform in all departmental post offices, which includes providing of ATMs in selected post offices in metro as well as non-metro cities across the country," Pilot said in a written reply to Lok Sabha.

At present, there is no proposal to introduce ATMs in the rural areas, he added.

Pilot said the selection of vendor for introduction of CBS, including ATMs, is under progress and DoP has decided to engage a consultant to prepare a detailed project report on post bank.

“The finance ministry has given approval in principle for introduction of CBS platform in small savings schemes but not yet responded on the post banks,” Pilot said.

The government proposes to convert over 1.5 lakh post offices across the nation into full fledged banks, reaching out to the masses in the rural areas with modern banking facilities