POST OFFICE SMALL SAVINGS SCHEMES
UNDER HEAVY ATTACK
GDS MEMBERSHIP VERIFICATION PROCESS STOPPED.
IMPLEMENTATION OF GDS COMMITTEE REPORT DELAYED FOR ONE YEAR, STILL PENDING WITH FINANCE MINISTRY.
HOLD PROTEST DEMONSTRATIONS AT ALL CENTRES AND IN FRONT OF ALL OFFICES ON 23.10.2017.
FEDERAL SECRETARIAT WILL MEET AND DECLARE FURTHER COURSE OF ACTION.
Government has unleashed a sudden and most damaging attack on Post office Small Savings Schemes. Notifications are already issued permitting all Nationalised Banks and three Private Banks ( ICICI Bank , AXIS Bank and HDFC Bank) to accept deposits for all Small Savings Schemes viz ; Recurring Deposit (RD) , Time Deposits (TD) , Monthly Income Scheme (MIS) Senior Citizen Savings Scheme (SCSS) , Sukanya Samridhi Account (SSA) , Kisan Vikas Patra (KVP) and National Savings Certificate (NSC VIII issue) with effect from 10th October 2017.
This is a great blow to the Post office Small Savings Schemes and will be a threat to the job security of Postal Employees and also MPKBY /SAS Agents. About 40% of the Revenue and about 50% of the workload of Post office depends on the Post office Small Savings Schemes. Outsourcing of POSSS work to Banks will result in steady fall in Revenue and Workload of Postal Department.
GDS Committee Report , though submitted to Govt on 24th November 2016 , is still pending with Finance Ministry for approval. GDS Membership verification process has been suddenly stopped by the Government.
Overall situation in Postal Department is worsening day by day and resentment of the Employees is mounting.
NFPE CHQ views the above situation with grave concern and calls upon the entirety of Postal and RMS employees including GDS and Casual labourers to conduct mass protest demonstrations at all Centres and in front of all offices on 23rdOCTOBER 2017.
Urgent meeting of NFPE Federal Secretariat to be held shortly will announce further course of action.