SB ORDER NO. 11/2008

SB ORDER NO. 11/2008

No.113-3/2008-SB

Government of India

Ministry of Communications & IT

Department of Posts

Dak Bhawan, Sansad Marg,

New Delhi-110001, Dated: 1.5.2008

To

All Heads of Circles/Regions

Addl. Director General, APS, New Delhi.

Subject:- Updating of POSB Manual Vol-I and II and following of rules and procedure regarding.

Sir / Madam,

The undersigned is directed to say that Min. of Finance has taken a very serious view of large number of irregularities being committed in opening of accounts and issue of NSC/KVP by the postal staff and emphasized that strict instructions should be issued to field units for scrupulously following rules and procedure so that investors may not face inconvenience and Government may not face financial loss.

2. It is being informed that POSB Manual Vol-I and Vol-II have been updated up to

31.12.2006. A new book called POSB Manual Vol-III has also been prepared in which all Acts and Rules relating to POSB and SC have been compiled. All these three books are available in the RTI segment of India Post Web-site.

3. It is requested that since printing of these manuals will take some time because of Hindi Translation, which is still under process, one copy of each manual may be downloaded from the web-site and supplied to each post office for day to day  use. One set of latest books of Sh. A.N.Dureja may also be supplied to each post office. As and when any change in rules or procedure is issued, SB orders are issued by this office.

This may also kindly be ensured that these SB orders are kept year-wise in serial order with APM (counter) as well as APM SO group in all HPOs and with SPM in Sub Post Offices so that staff may be aware of latest changes in rules and procedure.

4. Any irregularity in opening of accounts as well as issue of NSC/KVP may be viewed seriously and strict action may be taken against the operative as well as supervisory staff responsible for the same.

5. This may kindly brought to the notice of all post offices.

6. This issues with the approval of DDG (FS)

Yours faithfully,

(Kawal Jit Singh)

ASP(SB&SC)