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Small Savings Schemes interest rates from July to September 2021

Small Savings Schemes interest rates from July to September 2021

F.No.1/4/2019-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

North Block, New Delhi
Dated: 30.06.2021

Office Memorandum

Subject: Revision of interest rates for Small Savings Schemes – reg.

The rate of interest on various Small Savings Schemes for the second quarter of financial year 2021-22 starting from 1st July, 2021 and ending on 30th September, 2021 shall remain unchanged from the current rates applicable for the first quarter (1st April, 2021 to 30th June, 2021) for FY 2021-22.

2. This has the approval of the competent authority.

(Rajesh Panwar)
Deputy Director (NS)

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Small Savings Schemes Interest Rates from April 2021 – June 2021

Government withdraws Small Savings Schemes Interest Rates from April 2021 – June 2021 Order


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KVS Admission 2021 : Class 1 second list to release today

KVS Admission 2021: Class 1 second list to release today, here’s how to check

Kendriya Vidyalaya Sangathan (KVS) has released the second selection list for class 1 admission today. Those who have applied for class 1 admission in the Kendriya Vidyalayas can check the second list on the official websites of the school. KVS had released the first list on June 23.

How to check KVS 2nd list result for class 1 admission?

Parents can follow the step-by-step instructions given below to check and download the KVS 2nd list for class 1 admission.

1. Go to the official website of the KVS admission portal — kvsonlineadmission.kvs.gov.in
2. On the homepage click on the link which reads “Login”
3. It will direct to a new page
4. You need to enter login code, date of birth of the child, mobile number of parent and click on the login
5. KVS 2nd list result for class 1 admission will be displayed on the screen
6. Download and take a printout of the same for future reference

Kendriya Vidyalaya Class 1 admission: Important dates

Declaration of provisional selection and waitlist of registered candidates. :

  • 1st list released on June 23
  • 2nd list released on June 30
  • 3rd list to be released on July 5

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AICPIN for the month of May 2021

AICPIN for the month of May 2021

Consumer Price Index for Industrial Workers (2016=100) – May, 2021

Key Points

  • All-India Consumer Price Index for Industrial Workers (2016=100) for May, 2021 increased to 120.6 points compared to 120.1 points for April 2021.
  • The increase observed in index is mainly due to Food & Fuel items like Rice, Arhar Dal, Masur Dal, Fish Fresh, Goat Meat, Eggs-Hen, Edible Oil, Apple, Banana, Jamun, Papaya, Potato, Tomato, Brinjal, Cabbage, French Bean, Garlic, Onion, Sugar White, Tea-leaf, Cooking Gas, Kerosene Oil, Petrol, etc. which experienced an increase in prices.
  • Inflation for May, 2021 went up to 5.24 per cent compared to 5.14 per cent of previous month. Similarly, Food inflation also increased to 5.26 per cent from 4.78 per cent in the previous month.

The All-India CPI-IW for May, 2021 increased by 0.5 points and stood at 120.6 (one hundred twenty and point six). On 1-month percentage change, it increased by 0.42 per cent with respect to previous month compared to an increase of 0.30 per cent recorded between corresponding months a year ago.


Also Check

DA Calculation Sheet

DA Calculator from July 2021


The maximum upward pressure in current index came from Food & Beverages group contributing 0.35 percentage points to the total change. At item level, Rice, Arhar Dal, Masur Dal, Fish Fresh, Goat Meat, Eggs-Hen, Edible Oil, Apple, Banana, Jamun, Papaya, Potato, Tomato, Brinjal, Cabbage, French Bean, Garlic, Onion, Sugar White, Tea-leaf, Cooking Gas, Kerosene Oil, Mobile Telephone Charges, Petrol, etc. are responsible for the rise in index. However, this increase was mostly checked by Leechi, Mango, Water Melon, Bitter Gourd, Lady’s Finger, Lemon, Parwal, Torai, Tamarind, etc. putting downward pressure on the index.

At centre level, Coonoor recorded maximum increase of 4.1 points followed by Udham Singh Nagar with 3.6 points. Among others, 4 centres observed an increase between 2 to 2.9 points, 18 centres between 1 to 1.9 points and 41 centres between 0.1 to 0.9 points. On the contrary, Bhilwara recorded a maximum decrease of 1.2 points followed by Amritsar with 1 point. Among others, 17 centres observed a decline between 0.1 to 0.9 points. Rest of 4 centres remained stationary.

Year-on-year inflation for the month stood at 5.24 per cent compared to 5.14 per cent for the previous month and 5.10 per cent during the corresponding month an year before. Similarly, Food inflation stood at 5.26 per cent against 4.78 per cent of the previous month and 5.88 per cent during the corresponding month an year ago.

Y-o-Y Inflation based on CPI-IW (Food and General)

aicpin may 2021

All-India Group-wise CPI-IW for April and May, 2021

Sr. No. Groups Apr, 2021 May, 2021
I Food & Beverages 119.1 120.0
II Pan, Supari, Tobacco & Intoxicants 137.3 137.8
III Clothing & Footwear 119.0 119.0
IV Housing 115.2 115.2
V Fuel & Light 148.7 148.9
VI Miscellaneous 118.3 118.6
General Index 120.1 120.6

 

CPI-IW: Groups Indices

aicpin may 2021

The next issue of CPI-IW for the month of June, 2021 will be released on Friday 30th July, 2021. The same will also be available on the office website www.labourbureaunew.gov.in.

While releasing the index, Minister of Labour & Employment Shri Santosh Gangwar said that the rise in index will result into increased wages of working Class population by way of increase in dearness allowance payable to them.

Shri Gangwar also said that Increase in wages will provide respite to working class families who have witnessed many hardships during the Lockdown period due to COVID. Shri DPS Negi Director General, Labour Bureau said that the rise in Index during May, 2021 is in line with all other price indices compiled and released by different agencies in the country and Marginal increase in annual inflation has, however, been observed during the month due to increase in prices of Food and Fuel items which is also in line with other price indices.

The Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The index is compiled for 88 centres and All-India and is released on the last working day of succeeding month.

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Revision of PBG rates for MoA with Empanelled Hospitals – DESW Order

Procedure for empanelment of Hospitals and Diagnostic Centres under ECHS – Revision of PBG rates for MoA with Empanelled Hospitals

No. 22D(05)/2019-D(WE/Res-I)
Government of India
Ministry of Defence
D/o Ex-Servicemen Welfare
D(WE/Res-I)

Room No. 221, B-Wing, Sena Bhawan,
New Delhi, Dated 16 June, 2021

To,

The Chief of Army Staff
The Chief of Navy Staff
The Chief of Air Staff

Subject :- Procedure for empanelment of Hospitals and Diagnostic Centres under ECHS – Revision of PBG rates for MoA with Empanelled Hospitals – reg.

Sir,

With reference CO, ECHS Note No. B/49771/AG/ECHS/Emp/Gen dated 02.11.2020 and in Supersession of Govt. of India, Ministry of Defence, Department of Ex-Servicemen Welfare Note of even number dated 17.08.2020, I am directed to convey the sanction of the Competent Authority to amend para 35 of the MoA between ECHS and Private Hospitals, recommended for empanelment with ECHS with revised Performance Bank Guarantee (PBG) rates, which is as follows:

Also ReadCGHS Rates for 21 Treatment procedures/ Investigations in continuation of 2014 CGHS rates

a) CGHS covered cities/ area, the PBG rates would be the same as in the CGHS.

b) Non-CGHS covered cities/ area/ other cities /Nepal, the following graded PBG system would be followed:

(i) Hospitals – 02 Lakhs
(ii) Eye /Dental / Physio Centers, Diagnostic / Imaging Labs – 0.5 Lakhs

(PBG for Charitable Hospitals/ Organizations would be 50% of above amount)

2. This issues with the approval of Hon’ble RM after concurrence of MoD(Fin/Pen) vide their ID No. 32(16)/2019/Fin/Pen dated 11.03.2021.

Yours faithfully,

(Dr. P P Sharma)
OSD (WE&IC)

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7th Pay Commission Concordance Tables for JCOS/ORs of Army and Airmen of Air Force – DESW Order 10.06.2021

7th Pay Commission Concordance Tables for JCOS/ORs of Army and Airmen of Air Force – DESW Order 10.06.2021

F.No, PC-17(1)/2016/D(P/P)
Government of India
Ministry of Defence
Department of Ex-Servicemen Welfare
D(Pension/Policy)

Room No.222, ‘B’ Wing,
Sena Bhawan, New Delhi-110011.
Dated: 10th June, 2021

To
The Chief of the Army Staff
The Chief of the Naval Staff
The Chief of the Air Staff

Subject : Issue of Concordance tables for revision of pension of pre-2016 pensioners/family pensioners under first formulation in implementation of Govt. decision on the recommendations of 7th CPC-regarding.

Sir,

The undersigned is directed to convey that Concordance Tables for fixation of notional pay for Armed Forces personnel who retired/died during the 4th 5th and 6th Pay Commission periods (including 3rd Pay Commission for sailors only) were issued vide this Ministry letter No. 17(01)/2017(02)/D(Pension/Policy) dated 17.10.2018. Para 2 of ibid letter mentioned that Concordance Tables for JCO/ORs who discharged/died in service prior to 1.1.1986 were under preparation.

2. In compliance to above, Concordance Tables for fixation of notional pay as on 01.01.2016 for JCOS/ORs of Army and Airmen of Air Force, who retired/died in various ranks after implementation of 3 CPC (01.01.1973), are enclosed herewith for further necessary action.

3. Due care has been taken in preparation of these Concordance Tables. However, in case of any inconsistency in the Concordance Tables vis-a-vis the relevant rules/instruction, the notional pay and pension/family pension of pre-1.1.2016 pensioners/family pensioners may be fixed in accordance with the rules/instructions applicable for fixation of pay in the intervening pay commission periods.

4. This issues with concurrence of Ministry of Defence (Finance/Pension) vide. their UO Note No. Part File (1) to 30(01)/2016/Fin/Pen dated 24.05.2021.

5. Hindi version will follow.

Encl: as above.

Yours faithfully,

(Ashok Kumar)
Under Secretary to the Govt. of India

Click here for Concordance Tables and to download PDF copy here

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Cabinet approves MoU signed between India and Republic of The Gambia on Refurbishing Personnel Administration and Governance Reforms

Cabinet approves Memorandum of Understanding signed between India and Republic of The Gambia on Refurbishing Personnel Administration and Governance Reforms

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the signing of the Memorandum of Understanding (MoU) between Department of Administrative Reforms and Public Grievances, Ministry of Personnel, Public Grievances and Pensions, Government of India and the Public Service Commission, Office of the President, Republic of The Gambia on Refurbishing Personnel Administration and Governance Reforms.

Impact:

The MoU will help in understanding the personnel administration of both the countries and enable in improving the system of governance through replicating, adapting and innovating some of the best practices and processes.

Financial implications:

Each country will be responsible for its expenditure in connection with the implementation of this MoU. Actual amount of expenditure will depend on the activities that may be undertaken under the MoU.

Details:

The areas of cooperation under this MoU would include, but shall not
be limited to:

a) Improving Performance Management System in Government.

b) Implementation of contributory Pension Scheme

c) E-recruitment in Government

The main objective of the MoU is to strengthen and promote bilateral cooperation between the two countries in Personnel Administration and Governance Reforms, as this will facilitate a dialogue between Indian Government agencies and the agencies of the Republic of the Gambia. More so, Gambia is keen to engage with India to promote cooperation in areas such as Improving Performance Management System in Government, Implementation of contributory Pension Scheme and, e-Recruitment in Government.

The MoU with the Republic of the Gambia will provide a legal framework to the cooperation between the two countries in Refurbishing Personnel Administration and Governance Reforms so as to improve upon the existing system of governance by learning, sharing and exchanging administrative experiences in the area of Personnel Administration and Governance Reforms and instill a greater sense of responsiveness, accountability and transparency.

Background:

Government of India has taken up a goal of quantum shift in delivery of Government Services across the country and also aims to further Government’s efforts at revamping of Personnel Administration and Governance Reforms which is relevant in the context of the goal of ‘Minimum Government with Maximum Governance’.

PCDA Circular 216 : Transfer of Pension Account in respect of Armed Forces / Defence Civilian pensioners from India to Nepal and vice versa

PCDA Circular 216 : Transfer of Pension Account in respect of Armed Forces / Defence Civilian pensioners from India to Nepal and vice versa

OFFICE OF THE PR. CONTROLLER OF DEFENCE ACCOUNTS (PENSIONS)
DRAUPADI GHAT, ALLAHABAD – 211 014,

(Through website)

Circular No.216

AT/Tech/30/ Vol‐XX

Dated:21.06.2021

To
1. Military and Air Attaché, Indian Embassy Kathmandu, Nepal.
2. The Chief Accountant, RBI Deptt. of Govt. Bank Accounts, Central office C‐7, Second Floor, Bandre‐ Kurla Complex, P B No. 8143, Bandre East Mumbai‐400051
3. The Director of Treasuries of all states
4. The Manger CPPC of Public Sector Banks including IDBI
5. The CDA (PD) Meerut
6. The CDA‐Chennai
7. The Nodal Officers (ICICI/ AXIS/HDFC Bank)
8. The Pay & Accounts Officers
9. The DPDO
10. The Post Master Kathua

Sub: Transfer of Pension Account in respect of Armed Forces/Defence Civilian pensioners from India to Nepal and vice versa.

Ref: Defence Pension Payment Instruction (DPPI)‐2013 and this office Circular No. 206 dated 02.11.2018.

*****

In continuation to this office Circular No.206 dated 02.11.2018, attention of all Pension Disbursing Authorities is invited towards the transfer of pension account from India to Nepal and vice versa in respect of Nepal domiciled pensioners. In this regard, all Pension Disbursing Authorities are well aware of the procedure to be adopted in the transfer of pension account of the pensioners and instructions have also been issued through DPPI‐ 2013 as well as circulars from time to time.

2. Despite the above, various pensioners and Pensioner’s Associations are frequently representing that Pension Disbursing Authorities are not taking prompt action in the transfer of pension account cases. Resulting in pensioners financial hardship. All concerned are well aware that after struck off the name from one Pension Disbursing Authority’s pensioner’s strength, a pensioner can get his pension only after taking the name of another Pension Disbursing Authority’s pensioner’s strength. Therefore, it is the responsibility of all concerned to take immediate action in all such cases, so that pensioners may get their pension from new transferee PDA without delay.

3. Special attention is drawn towards Nepal domiciled pensioners who wish to transfer their pension accounts from India to Nepal or Nepal to India. As per existing procedure, on receipt of application from the pensioners, transferor PDA (existing PDA) is required to forward all original documents to the new PDA routed through PCDA(Pensions). After the necessary check, the documents are required to be forwarded by this office to transferee PDA (New PDA) along with a corrigendum PPO as stipulated in Para‐3 of Circular No. 206 dated 02.11.2018. It has been noticed that cases are being delayed in initiation at PDA’s end, forwarding of LPC‐cum‐Data Sheet from concerned Record Offices/Head of Offices and pensioners are facing financial hardship due to delay in the process.

Keeping in view the problems of Nepal domiciled pensioners, it has been decided to handle such cases through a dedicated ‘Nepal Cell’ (Audit Section)’ of this office. This Cell will monitor centrally the transfer of pension account cases of pensioners who wish to transfer their pension account from India to Nepal and vice versa. ‘ Nepal Cell (Audit Section) of this office will work as the nodal point where all documents related to transfer of pension account from India to Nepal and vice versa will be received from transferor PDA (Existing PDA) and transmitted to transferee PDA (New PDA) under intimation to concerned Record Offices/Head of Offices along with a copy of Corrigendum PPO reflecting details of changed PDA to enable the updation of the database of this office for a future revision of PPOs as well as issuance/dispatch of corrigendum PPOs to be issued at a later stage.

Revised methodology for Transfer of Pension Accounts from India to Nepal & vice versa and action to be taken on the part of pensioner, PDA and this office is as under:

(a)‐ Pensioner shall submit a simple application in duplicate in enclosed Format (Annexure‐A) to the existing Pension Disbursing Authority for transfer of pension account. Original application will be received by the Pension Disbursing Authority and a Duplicate copy of the application will be returned to the pensioner duly acknowledged by the PDA.

(b)‐ Existing Pension Disbursing Authority (Transferor PDA) will complete Annexure‐‘B’ and Form‐I/IMP‐5(A)/D‐II and forward all documents to the OIC ‘Nepal Cell (Audit section)’ of this office.

(c)‐ ‘Nepal Cell (Audit Section)’ of this office will scrutinize the documents and take necessary action for processing of Corrigendum PPO reflecting details of new PDA.

(d)‐ After the generation of Corrigendum PPO, Nepal Cell(Audit Section) of this office will forward all original documents to transferee PDA (New PDA) through Insured Post.

(e)‐ On receipt of all pension documents as mentioned in Annexure‐‘B’ and Corrigendum PPO, transferee PDA (New PDA) will take the name of the pensioner on their pensioner’s strength and commence the payment of pension immediately. Arrears, if any, will be payable from the next date of pension last paid by the transferor PDA.

(f)‐ Simultaneously, Transferee (new) PDA will complete Annexure‐‘C’ and forward the same to Transferor PDA and OIC Audit‐Nepal Cell of this office along with Form‐II/IMP‐ 5/D‐I and Annexure‐‘D’.

(g)‐ In case, transferee PDA is Bank, an Annexure‐‘D’ will be given by the bank to the pensioner in token of their acceptance for payment of pension. On receipt of said Annexure‐‘D’, the pensioner will submit the same to his/her existing Pension Disbursing Authority where he/she has applied for transfer of his/her pension account.

(h)‐ Nepal domiciled pensioners who are desirous to transfer their pension accounts from India to Nepal or Nepal to India may also send a copy of their transfer application to the OIC Audit Nepal Cell, O/o the PCDA (Pensions), Draupadi Ghat, Allahabad‐ 211014 through Registered Post or this office mail ID cda‐albd[at]nic.in to enable this office to expedite their transfer of pension account and issue necessary instruction to the concern Pension Disbursing Authority.

This circular is available on this office website www.pcdapension.nic.in.

Encls: Annexure‐‘A’ to ‘D’

(Abhishek Singh)
Deputy Controller (Pensions)

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Passbook updation / printing option for MTS/GDS in CBS Post Offices – SB Order 13/2021

Passbook updation / printing option for MTS/GDS in CBS Post Offices – SB Order 13/2021

SB Order No. 13/2021

No. FS-13/7/2020-FS
Government of India
Ministry of Communications
Department of Posts
(F.S.Division)

Dak Bhawan New Delhi-110001
Dated: 28.06.2021.

To,
All Head of Circles/Regions,

Sub :– Regarding passbook updation/printing option for MTS/GDS in CBS Post Offices.

Sir/Madam,

References have been received from the circles about opening of separate counter for passbook updation/printing in HOs and busier sub post offices to manage heavy workload in CBS counters.

2. In view of the request of the circles and to facilitate depositors in updating of passbook, competent authority has decided to create a separate role (work class) for MTS/GDS in CBS post offices. This will enable them to access Finacle for updation/ printing of entries in passbooks.

3. The following work class has been created in Finacle for MTS/GDS in CBS Post Offices and below mentioned menu will be accessible by this work class : –

i) User work class for MTS/GDS : 008

Sr. No. Menu Feature
1 HPBP To print entries in passbook
2 HACCBAL To check account details
3 HAFI To check the last print date for the account by giving account number
4 HPR To view the passbook details

 

4. After assessing requirement of opening separate counter in post offices for passbook updation/ printing through MTS/GDS, circles may send details of respective GDS/MTS in ‘User Creation Template” through their CBS CPC to CEPT Chennai. After creation of user IDs of the identified MTS/GDS by CEPT, concerned circle may open separate counter for updation/printing of entries in passbook through passbook printer in HOs/busier sub post offices.

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

Your’s Faithfully,

Sd/-
(Devendra Sharma)
Assistant Director(SB-II)

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Clarification on withdrawal / closure of accounts under National Savings Schemes

Clarification on withdrawal / closure of accounts under National Savings Schemes

SB Order No. 15/2021

File No. 112-03/2019-SB
Government of India
Ministry of Communications
Department of Posts
(F.S. Division)

Dak Bhawan, New Delhi — 110001
Dated: 29.06.2021

To
All Head of Circles / Regions

Subject : Clarification on withdrawal / closure of accounts under National Savings Schemes – Regarding.

***

As per Rule 12 of Govt. Savings Promotion General Rules, 2018 issued vide GSR No. 1003(E) dated 05.10.2018 circulated vide SB Order No. 13/2019 dated 18.12.2019, at the time of payment of maturity proceeds or partial withdrawal or interest, the depositor shall affix his signature or thumb impression in the presence of the authorised officer who shall verify the identity of the person. This implies that signature by the depositor is to be affixed in the presence of the authorized officials of the Post Office doing the transaction, which requires the presence of the depositor and no payment can be made through messenger.

2. Maharashtra Circle vide email dated 22.06.2021 stated that there is no provision in account closure forms (SB-7A & SB-7B) for messenger and requested to issue necessary guidelines.

3. It is accordingly clarified that

i). There is no provision made for messenger in the forms notified by the Ministry of Finance in GSPR 2018 and in various National Savings Schemes 2019.

ii). As per the provisions under Rule 12 of GSPR 2018, no messenger is allowed for any type of payment viz. maturity proceeds, partial withdrawal or interest.

iii). Even though, there is provision for messenger in withdrawal form (SB-7), withdrawals / closure of accounts through SB-7, SB-7A, SB-7B & SB-7C by messenger shall not be allowed.

4. Further, it is intimated that the issue has already been taken up with Ministry of Finance for relaxing this provision in case of exigencies (i.e. illness / Senior Citizen) and decision from nodal ministry is awaited.

5. This may be circulated to all the Post Offices for information and necessary actions.

6. This is issued with the approval of the Competent Authority.

(T C.VIJAYAN)
Asst. Director (SB-I)

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CGDA clarification on ceiling of basic pay for entitlement of payment of Night Duty Allowance

CGDA clarification on ceiling of basic pay for entitlement of payment of Night Duty Allowance

Office of the Controller General of Defence Accounts
Ulan Batar Road, Palam, Delhi Cantt 1100110

File No. : AT/Army-BR/A/Civ/2366/NDA/Vol-I

Dated: 24th Jun 2021

To,

The All Regional PCoDA/CDA,

Subject: Clarification on ceiling of basic pay for entitlement of payment of Night Duty Allowance (NDA)

Ref: IHQ of MoD (N) letter No. CP(P)/3154 dated 30.03.2021.

Consequent upon the decision taken by the Government on the recommendations made by the 7h Central Pay Commission on the subject of Night Duty allowance, the Department of Personnel & Training has issued instructions vide their OM No. A-27016/02/2017-Estt. (AL) dated 13th July 2020 in supersession of DoP&T OM No 12012/4/86-Estt(Allowance) dated 04.10.1989 and No. 15020/2/92-Estt (Allowances) dated 04.04.1994.

2. Para 1(iv) of the DoPT OM dated 13.07.2020 states that the ceiling of basic pay for entitlement of Night Duty Allowance shall be Rs. 43600/- per month.

3. IHQ of MoD has raised a point of doubt whether payment of Night Duty Allowance is entitled only to such of the central government staff whose basic pay is upto Rs 43600/- OR those getting higher basic pay will also be entitled for payment of night duty allowance by restricting the amount to ceiling limit of Rs. 43600/-.

4. In view of above, it is requested to intimate the practice being followed in the offices under your audit jurisdiction in payment of Night Duty Allowance (NDA).

5. A reply in this regard may be furnished to HQrs office by 29.06.2021 positively through e-mail.

(Gita Nair)
Sr. Accounts Officer (Army/BR)

Copy to:

Officer Incharge, Navy/CG/IDS Section (Local) – w.r.t your UO CDGA/Navy/02/P&A/2021 Vol-II dated 09.06.2021

(Gita Nair)
Sr. Accounts Officer (Army/BR)

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