Govt employees to take oath for saving girl child on Aug 9.

   All government employees will contribute in the efforts to check discriminatory sex selection and violence against women. For this purpose, all the employees of the central and state governments as well as local bodies will take a pledge on August 9.

   According to state government officials, the government employees will also take an oath to promote birth of girls, give them affection, bring them up and make them empower citizens of the country.

State Government Employees Group Insurance Scheme, 1987 - Table of Benefits under Savings Fund for the year of cessation of membership 2011-2012.

Government of West Bengal
Finance Department
Audit Branch

No. : 10286-F(J)

Kolkata, the 14th November, 2011.

Subject: State Government Employees Group Insurance Scheme, 1987 - Table of Benefits under Savings Fund for the year of cessation of membership 2011-2012.

   In continuation of this department's Memo No. 10324-F(J), dated 01.11.2010 the undersigned is directed to say that a new table of benefits showing accumulations in the savings fund under the above mentioned scheme corresponding to a unit subscription of Rs. 10/ - (Rs. Ten) only per month has been drawn up for the period from 01.11.2011 to 31.10.2012 in matching with the table of benefits of the Central Government Employees Group Insurance Scheme, 1980 circulated under GOI's OM No. 7(1)/EV/2010, dated 31.01.2011. A copy of the said table is enclosed as ready reckoner. The figures have been worked out on the basis of interest @ 12% p.a. (compounded quarterly) for the period from 01.11.1987 to 31.10.2001, 11% p.a. (compounded quarterly) from 01.11.2001 to 31.10.2002, 9.5% p.a. (compounded quarterly) from 01.11.2002 to 31.10.2003, 9.0% p.a. (compounded quarterly) from 01.11.2003 to 31.10.2004 and 8.0% p.a. (compounded quarterly) w.e.f. 01.11.2004 onwards. The mortality rate continues to remain unchanged.

UNDERSTANDING YOUR CIBIL TRANSUNION SCORE.

What is the CIBIL TransUnion Score?

   The CIBIL TransUnion Score is a 3 digit numeric summary of your credit history.  The Score is derived by using the details found in the “Accounts” and “Enquiries” sections on your Credit Information Report (CIR) and ranges from 300 to 900.  The closer your Score is to 900, the more favourably your loan application will be viewed by a credit institution.  The Score plays a critical role in the loan approval process.

What does my Score mean?

   An individual’s Credit Score provides a credit institution with an indication of the ”probability of default” of the individual based on their credit history.  What this means in simple English is that the Score tells a credit institution how likely you are to pay back a loan (should the credit institution choose to sanction your loan) based on your past pattern of credit usage and loan repayment behaviour.  The closer you are to 900, the more confidence the credit institution will have in your ability to repay the loan and hence, the better the chances of your application getting approved.