The long pending approval for the India Post Payment Bank (IPPB) by the government has been issued on 1st June 2016, as announced by the Communications Minister, Ravi Shankar Prasad. It will be the largest bank in the world in terms of reach with 1.54 lakh Post Offices and 650 Payment Bank Branches, he stated.

‘A Payment Bank can hold a maximum balance of Rs. one lakh per customer, can issue ATM/Debit Cards, but not Credit Cards. It can offer payment and remittance services,deal in simple financial products like mutual fund units and insurance products but can not take lending services.’

It is to be noted here that Department of Posts were denied ‘Payment Bank’ service, while private companies were allowed to do so. This was great injustice. At least at this stage, government has been compelled to approve the application of the Department of Posts  for starting Payment Bank service.

SPECIAL AADHAAR ENROLMENT DRIVE FOR PENSIONERS, FROM MAY 30 TO JUNE 10, 2016. (PIB)

Press Information Bureau

Government of India

Ministry of Communications & Information Technology

01-June-2016 16:27 IST

Special Aadhaar Enrolment drive for Pensioners, from May 30 to June 10, 2016

            Pensioners will also get opportunity to seed data for digital life certificate

            The Unique Identification Authority of India (UIDAI) has launched a special enrolment drive for pensioners who are yet to enroll for Aadhaar. The drive is being conducted to enable Pensioners avail the convenience of Jeevan Pramaan, an initiative of Department of Pensions and Pensioners’ Welfare, Government of India.

            Every year, pensioners need to provide a life certificate to an authorized pension disbursing agency such as a Bank, Post office etc., for receipt of pension. To get a life certificate the pensioner is required to either personally present oneself before the Pension Disbursing Agency or have the Life Certificate issued by the department/authority where they served earlier and have it delivered to the disbursing agency. This entails considerable hardship to the senior Citizens.

            Jeevan Pramaan, a digital life certificate which utilises the Aadhaar identity platform, addresses this very problem by digitizing the whole process of securing a life certificate. A pensioner just needs to biometrically authenticate at the nearest centre. After successful authentication, the digital life certificate is stored in a Life Certificate Repository, which can be accessed by the Pension Disbursing Authority.

            To facilitate pensioners to avail the facility of Jeevan Pramaan, which is based on Aadhaar Identity platform, UIDAI and Department of Pensions and Pensioners’ Welfare have taken initiative to carry out special enrolment drive for Pensioners through banks which are Registrars for enrolment for Aadhaar as well as Pension Disbursing Authorities. 

The enrolment drive and the Aadhaar seeding camp is being run from May 30 to June 10, 2016. 

            “We hold special enrolment drives to help people who are yet to enrol for Aadhaar. This particular exercise has been initiated to make sure pensioners get an Aadhaar number if they still don’t have one and seed the Aadhaar details of pensioners so that they can get a Jeevan Pramaan,” said Director General & Mission Director of UIDAI, Dr. Ajay Bhushan Pandey. 

            So far over 15.41 Lakh pensioners have already registered for the Aadhaar-enabled Jeevan Pramaan service.

Hundreds of BSNL employees have retired on superannuation on 31st May 2016. AIBDPA conveys its Best Wishes to these retirees for a very happy retired life with good health. They have served the nation and BSNL for their entire period of service.

AIBDPA also welcomes them to join  AIBDPA, the mighty organisation, which is fighting for the benefit of the retired employees/pensioners of BSNL and DOT.

Many of the employees retired on 31st May 2016 have joined the AIBDPA on the day itself

It is informed by CMD BSNL that out of Rs.8,000 crore or so, BSNL has got an amount of Rs.6,000 crore as refund of Income Tax. This was pending for some time. BSNL is trying to get the balance also as per the information received from CMD BSNL