Employment News Weekly Updates: Job Highlights (16 JUNE 2012 - 22 JUNE 2012)

Job Highlights (16 June - 22 June 2012)

1. Railway Recruitment Boards invite applications for 12042 post of Technicians. Last Date: 16.07.2012.

2. Canara Bank requires 2000 Probationary Clerks. Closing Date for online Registration : 01.07.2012.

3. Corporation Bank requires 1550 Single Window Operators (Clerks). Last Date for one Registration: 26.06.2012.

4. United Bank of India needs 751 Single Window Operators ‘A’ (In Clerical Cadre). Last Date for online Registration : 22.06.2012.

5. Footwear Design & Development Institute, Noda invites applications for 105 non-academic posts. Last Date : 30 days after publication.

6. Ordnance Factory, Dehu Road, Pune requires 82 Boiler, Attendant, Fitter, Machinist, Turner, Examiner etc. Last Date: 21 days after publication.

7. Public Service Commission, Uttar Pradesh invites applications for 79 various posts. Last Date: 16.07.2012.

8. Indian Navy invites online applications from unmarried Male candidates for enrolment as Sailors for Artificer Apprentice (AA)-133 Batch. Last Date: 06.07.2012.

8. Indian Institute of Technology, Kanpur requires 7 Deputy Registrars Medical Officers ad Assistant Physical Education Officer. Last Date: 06.07.2012.

Source: Employment News

Rate of interest on Loans and Advances sanctioned by the State Government - Interest rates for the year 2012-2013 – Orders - Issued.

GOVERNMENT OF TAMIL NADU
                    2012

FINANCE (LOANS AND ADVANCES CELL) DEPARTMENT
G.O.No. 203, Dated 8th June 2012
(Vaikasi 26, Thiruvalluvar Aandu 2043)

INTEREST – Rate of interest on Loans and Advances sanctioned by the State Government - Interest rates for the year 2012-2013 – Orders - Issued.

READ - the following paper:

G.O. Ms. No.131, Finance (Loans and Advances Cell) Department, dated 5-5-2011.

ORDER:

Government direct that the rate of interest on various kinds of loans and advances by the State Government during the year 2012-13 shall be as shown below:-

Sl. No.

 

Class of Loan / Advance

Percent per annum for the year 2012-2013

1.

 

Loans to State owned Industrial / Commercial Undertakings / Corporations, etc. including Financial Corporations and all other Local Bodies and Municipal Corporations:

 
  (a) Plan Schemes for development purposes 

10.50

  (b) Other Schemes

11.50

  (c) For capital formation and development purposes

11.00

  (d) For Working Capital Support

13.50

  (e)

For Ways & Means advances, advances including loans to cover cash deficits

13.00

  (f)

For Ways & Means advance to Tamil Nadu Civil Supplies Corporation Limited for Public Distribution System

10.00

Sl. No.

 

Class of Loan / Advance

Percent per annum for the year 2012-2013

2.

 

Loans to Co-operative Institutions and Co-operative Banks like Land Development Bank

10.00

3.

  Loans to Government Servants   
  (i) House Building Advance:  
    (a) For loans upto Rs.50,000/- 

5.50

    (b) For loans from Rs.50,001/- to 1,50,000/-

7.00

    (c) For loans from Rs.1,50,001/- to 5,00,000/-

9.00

    (d)  Above Rs.5,00,000/-

10.00

  (ii) Conveyance Advance:  
    (a) For purchase of Motor car

11.50

    (b) For purchase of Motor Cycle / Scooter

9.00

    (c) For purchase of Bi-cycle

5.50

  (iii) Other Personal Loans to Government Servants:  
    (a) For purchase of Computer

10.00

    (b) Others

10.00

4.

  Other items:  
   

Loans which are not covered in any specific category mentioned above

12.50

5.

 

Value of seized stock under Essential Commodities Act, 1955

9.15

6.

  Penal Interest

2.50

   2. The above rates will be applicable for all loans and advances being sanctioned during the year 2012-2013 and will have validity till the next revision is done. 

   3.  The rates of interest are general and will not apply to cases where reduced rates of interest have been sanctioned specially by the Government or where loans have been sanctioned by the Government free of interest.  The Government may also sanction Ways and Means advances at special rates of interest taking into account, the cost of borrowing of the Government.

   4.  The mobilization advances to Contractors for World Bank assisted Projects wherein the standard bidding documents provide for  exemption from paying of interest are however exempted from payment of interest.
 
   5.  The penal interest on all overdue instalments of principal and interest will be at 2.50 per cent more than the normal rates of interest per annum.  

   6.  Except in the case of loans to Government Servants, interest in all cases unless specifically indicated otherwise should be paid every Calendar quarter on the outstanding balance.

   7.  Even at the stage of sanction of loan, in the sanction order, the period of repayment, rate of interest and schedule of repayment with dates shall be indicated.  In case, it is a permanent loan, a specific mention of this fact should be made in the sanction order itself.

(BY ORDER OF THE GOVERNOR)

       K. SHANMUGAM
PRINCIPAL SECRETARY TO GOVERNMENT

Source:http://www.tn.gov.in/gosdb/gorders/finance/fin_e_203_2012.pdf

Fixation of pay on the date of promotion - Clarification reg.

Bharat Sanchar Nigam Ltd
(A Government of India Enterprise)
Corporate Office
Bharat Sanchar Bhawan
Janpath New Delhi-110 001
(PAT Section)

No. 1-15/2012.PAT(BSNL)

Dated 05.06.2012.

To,
The Chief General Manager
BSNL
Tamil Nadu Telecom Circle
Chennai.

Sub:- Fixation of pay on the date of promotion - Clarification reg.

Sir,
   I am directed to refer to your letter No TAC/SPL.CELL/II. PRC CLARIFICATION/ 2010 dated 21.01.2012 on the subject cited above and to say that method of fixation of Pay on Promotion in respect of Executives is regulated as per para 5 of BSNL office Order No 1-50/2008.PAT(BSNL) dated 05.03.2009.

   2. However, method of fixation of pay on promotion in respect of Non-Executives is regulated as per para of 3 3 of BSNL office order No l-l6/2010-PAT-(BSNL) dated 07.05.2010. The extract of the para is re-produced below:-

   3. The method of fixation of pay on promotion in respect of Executive & Non-Executives are different and therefore fixation of pay may be made as provided in the orders issued by this office.

Yours faithfully,

sd/-
(Sheo Shankar Prasad)
Assistant General Manager (Pers.V)

Source:http://bsnleuchq.com/fixation%20promotion.pdf