Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    Sectoral Deployment of Bank Credit – November 2012
    Adoption of ISO 20022 messaging standard in Next Generation RTGS (NG-RTGS) system
    Revision in existing investment limits in plant and machinery/equipment for lending to Micro Enterprises in the 40:20 proportion
    Sources of Variation in Foreign Exchange Reserves in India during April-September 2012
    Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards
    RBI re-aligns Implementation Date for Basel III Capital regulations with Financial Year - Shifts from January 1, 2013 to April 1, 2013
    Third Quarter Review of Monetary Policy 2012-2013 on January 29, 2013
    Several Key Decisions Taken by Ministry of Housing & Poverty Alleviation During 2012 for Improvement of Infrastructure & Basic Services to Poor
    Technology enabled transformation in the Financial Sector
    Indicative Quantum of Market Borrowings by State Governments for the Quarter January- March 2013
    Year End Review for the Department of Communications & Information Technology
    Auction of Government of India Dated Securities
    Government of India announce the sale of three dated securities for Rs.12,000 crore on December 28, 2012
    RBI Working Paper Series 18/2012: Hike in Interest Rate affects Aggregate demand the Most
    Review of NBFC Regulatory Framework – Recommendations of the Working Group on Issues and Concerns in the NBFC Sector – Entry Point Norms, Principa...
    Passage of the new Companies Bill by Lok Sabha and introduction of the Competition Commission of India (Amendment) Bill 2012 in the Parliament are the...
    364-day Treasury Bills auction: Rs. 5,000 crore under regular auction
    The issue of Uniform interest Rate on Savings Bank Account
    Inter-Ministerial Group on Multi-Level Marketing Companies
    Cartelization in Steel Sector
❯❯
MaximizeMaximizeMaximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

    +

    Are you sure you want to delete "My most important" ?

    NOTE:

    News
    Showing Results for :
    Reset Filters
    Results Found:
    Show All SummariesHide All Summaries
    December 31, 2012
    Show AI Summary
    Bank credit growth shows strong agriculture and NBFC lending, while industry and services credit exhibit relative deceleration.
    Non food bank credit rose 17.6 per cent y o y in November 2012, noting a differing fortnight count for the comparison year; agriculture credit increased 24.4 per cent, industry credit grew 17.7 per cent with broad deceleration across sub sectors except specified ones, services credit rose 15.3 per cent, NBFC lending grew 30.3 per cent, and personal loans increased 16.3 per cent. Data derive from monthly returns of 47 selected scheduled commercial banks and are published in the central bank's statistical handbook.
    December 31, 2012
    Show AI Summary
    NG-RTGS ISO 20022 adoption requires RTGS participants to implement ISO 20022 message formats by March 31, 2013.
    Adoption of the ISO 20022 messaging standard is mandated for NG RTGS; participants must implement the ISO 20022 Business Application Header and specified message types (e.g., pacs.008, pacs.009, camt.054, pacs.004, pacs.002) with the prescribed field conventions, validation rules and mapping to legacy RTGS/NEFT functions, and confirm commencement of implementation actions as instructed.
    December 31, 2012
    Show AI Summary
    Priority sector lending sub targets revised: micro enterprise investment bands adjusted and banks must implement new allocation bands immediately.
    Revision of priority sector sub targets adjusts the 40:20 proportion within MSE lending by reclassifying micro enterprise investment bands: the lower band investment ceilings for micro manufacturing and micro services are raised and the upper band boundaries correspondingly adjusted, while the overall micro enterprise ceiling under the MSMED Act remains unchanged. Banks must implement the revised sub targets immediately and issue instructions to branches for meticulous compliance.
    December 31, 2012
    Show AI Summary
    Foreign exchange reserve variation: capital inflows offset current account deficit, producing minimal accretion to reserves.
    Sources of variation in foreign exchange reserves for April-September 2012 show a small net accretion: a current account deficit was largely offset by net capital account inflows-notably foreign investment (FDI and portfolio), banking capital including NRI deposits, and short term trade credit-resulting in a marginal increase in reserves on a BoP basis, while modest valuation gains from exchange rate movements contributed slightly to the aggregate change.
    December 29, 2012
    Show AI Summary
    Enhanced AML/CFT due diligence required for transactions with FATF identified high risk jurisdictions to mitigate cross border ML/TF risks.
    NBFCs/RNBCs are advised to consider the FATF public statement identifying jurisdictions with strategic AML/CFT deficiencies or subject to calls for counter measures and to apply enhanced scrutiny and proportionate risk mitigation in business relationships and transactions with those jurisdictions; this guidance does not preclude legitimate trade. The FATF highlights deficiencies including criminalisation of terrorist financing, suspicious transaction reporting, FIU functionality, frameworks to identify and freeze terrorist assets, supervisory regimes, customer due diligence, and international cooperation, and monitors progress under agreed action plans, reserving escalation where insufficient progress is made.
    December 29, 2012
    Show AI Summary
    Basel III implementation alignment: start date shifted to April to match the financial year and monitor global roll out.
    The Reserve Bank of India moved the Basel III implementation start date from January 1, 2013 to April 1, 2013 to align with the Indian financial year while maintaining the phased transition leading to full implementation by March 31, 2018; the Bank will monitor international progress as some jurisdictions have finalised rules and others remain at draft stage under a global transitional timetable spanning 2013-2019.
    December 28, 2012
    Show AI Summary
    Monetary policy review announced to guide banking-sector discussions and set central bank policy signals to major commercial banks.
    The Governor will deliver the Third Quarter Review of Monetary Policy 2012-13 to chief executives of major scheduled commercial banks in a meeting at the Reserve Bank's central office in Mumbai, constituting a formal policy communication and consultation with the banking sector.
    December 28, 2012
    Show AI Summary
    Credit guarantee for low income housing expands access to housing loans through government backed guarantees and regulatory reforms announced.
    A Credit Risk Guarantee Fund Trust was established to guarantee urban housing loans for EWS and LIG beneficiaries without third party collateral, covering specified eligible lenders and operating as a demand driven scheme across urban areas. Income eligibility ceilings for EWS and LIG were revised upwards to broaden access. Complementary measures include extension and strengthened monitoring of urban renewal missions, funding for PMUs/PIUs, third party inspection frameworks, online project tracking, land reservation policies for EWS/LIG, pilot slum titling projects, and a proposed Real Estate Regulatory Authority and Tribunal framework.
    December 28, 2012
    Show AI Summary
    Technology driven banking transformation: prioritise IT-business alignment, data integrity and cyber security for customer centric services.
    The address frames technology as central to banking transformation, stressing customer centric product and channel innovation, scalable ICT for financial inclusion, and the need for robust data integrity and automated reporting such as the Automated Data Flow initiative. It highlights rising cyber security threats and the imperative for governance, vendor due diligence, enforceable SLAs, and organisational culture for security. Recommendations focus on IT-business alignment, structured IT governance, analytics for real time insights, cautious cloud adoption, application security prioritisation, mobile channel management, technology based KYC and interoperability among banks.
    December 28, 2012
    Show AI Summary
    Indicative state market borrowings announced; issuance via SDL auctions calibrated and subject to statutory approval.
    Indicative market borrowings by State Governments and the Union Territory of Puducherry for January-March 2013 are to be raised through State Development Loan auctions generally on alternate Tuesdays; RBI will conduct auctions in a calibrated manner and distribute borrowings evenly, while actual amounts will be intimated two to three days before each auction and depend on State requirements, statutory approval under Article 293(3) and market conditions.
    December 26, 2012
    Show AI Summary
    National Telecom Policy reforms prioritize affordable nationwide broadband and domestic manufacturing, shaping procurement and spectrum allocation.
    The National Telecom Policy 2012 prioritises affordable, reliable and secure nationwide telecom and broadband services, promotes indigenous telecom equipment manufacturing with R&D support and procurement preference for domestically produced items with security implications, and guides balancing consumer, provider and revenue interests. Complementary measures include spectrum auctions, implementation of the National Optical Fiber Network via Centre State partnerships, USOF funded rural connectivity schemes, and sectoral policies for electronics manufacturing, IT workforce development, cybersecurity frameworks, and infrastructure and service modernization including Department of Posts reforms.
    December 25, 2012
    Show AI Summary
    Government securities auction rules: electronic E-Kuber bidding, non-competitive quota at weighted average allotment, and ready forward eligibility.
    Announcement of auctions for three Central Government dated securities to be conducted by the Reserve Bank of India using uniform price methods; bids must be submitted electronically via E-Kuber within prescribed windows, with non-competitive allotment capped at five percent allotted at the weighted average auction rate. Multiple competitive bids are permitted subject to an aggregate cap equal to the notified amount, and the RBI may accept or reject bids at its discretion. Successful bidders will receive credit to SGL accounts or stock certificates; interest paid half-yearly and issues qualify for ready forward and when-issued trading.
    December 24, 2012
    Show AI Summary
    Government securities issuance: auctions with uniform pricing, non competitive allotment, primary dealer underwriting and bank SLR eligibility.
    The Government announced issuance of three dated Government securities via uniform price auctions on the specified auction date, combining competitive and non competitive bids submitted electronically on the Reserve Bank's E Kuber system with up to five percent reserved for eligible non competitive bidders. Auction results and payment dates are set; the stocks qualify for the ready forward facility and for when issued trading under RBI guidelines. Primary Dealer underwriting will follow the Revised Scheme including ACU submissions on E Kuber. The new long term stock is eligible as bank investment for Statutory Liquidity Ratio under Section 24 of the Banking Regulation Act, 1949.
    December 24, 2012
    Show AI Summary
    Interest rate transmission reduces aggregate demand, hitting investment and imports hardest while consumption and government spending are less affected.
    Using a structural VAR for 2000Q1-2011Q1, the paper finds that interest rate hikes significantly reduce aggregate demand, with largest impacts on investment and imports; private consumption and exports respond less, government consumption shows negligible cumulative effect; interest rate transmission predominates over exchange rate effects, though exchange rate matters for investment and imports.
    December 24, 2012
    Show AI Summary
    Principal Business Criteria: NBFCs must meet revised asset and income thresholds or obtain RBI registration
    NBFCs are reclassified into Exempted and Registered categories; all deposit-taking companies must be registered and fall under RBI regulation. New non-deposit NBFCs must meet minimum capitalization and asset-size entry norms and satisfy a redefined Principal Business Criteria requiring substantially higher proportions of financial assets and financial income. Large financial entities meeting alternate thresholds must also register. Groups with multiple NBFCs will have assets aggregated for systemic threshold assessment, and captive NBFCs are subject to higher Tier I capital requirements with phased compliance.
    December 22, 2012
    Show AI Summary
    Companies Bill 2012 modernises corporate law, strengthening governance, reporting, tribunal adjudication and director duties.
    The Companies Bill, 2012 consolidates and modernises company law by revising incorporation rules, governance and disclosure obligations, director duties and liabilities, audit and financial reporting regimes, procedures for inspections and investigations, remedies for oppression and mismanagement, and by creating a National Company Law Tribunal and Appellate Tribunal to govern corporate adjudication.
    December 22, 2012
    Show AI Summary
    Multiple price auction method for 364 day Treasury Bills with non competitive allocations outside the notified amount.
    The Reserve Bank announced a 364-day Treasury Bill auction using the Multiple Price Auction method, with non-competitive allocations outside the notified amount at the Bank's discretion, subject to General Notification No. F.2 (12)-W & M/97. Competitive bids must be submitted electronically via the E-Kuber system within the prescribed window, non-competitive bids within an earlier window, results announced the same day, and payments scheduled the following day.
    December 21, 2012
    Show AI Summary
    Uniform interest rate on savings accounts challenged after banking deregulation; competition authority declined investigation for lack of information.
    The Competition Commission of India reviewed the persistence of a uniform interest rate on savings bank deposits among public sector banks following the Reserve Bank of India's move to an unregulated regime, and decided not to pursue the matter because it found the available information and material insufficient to justify further action.
    December 21, 2012
    Show AI Summary
    Multi-level marketing regulation: group to draft model rules and guidelines to curb disguised money circulation schemes.
    An inter-ministerial group will draft model rules for Multi-Level Marketing companies and identify schemes prohibited under the Prize Chits and Money Circulation Schemes (Banning) Act, 1978, and will prepare clarificatory guidelines to distinguish genuine direct selling from disguised money circulation schemes.
    December 20, 2012
    Show AI Summary
    Cartelization absence confirmed: steel prices tracked input cost and market fluctuations, with no cartel cases reported.
    The Ministry reports that domestic steel prices varied with market conditions and rising input costs; tables for HR Coil and TMT retail prices and for coking coal and iron ore spot prices from December 2009 to November 2012 are provided, and, based on available information, no case of cartelization in the steel sector has been reported during the last three years.

    News

    Back

    All News

    Showing Results for :
    Reset Filters
      No Records Found

      News

      Back

      All News

      whatsappJoin Channel
      Showing Results for : Reset Filters

      Year End Review for the Department of Communications & Information Technology

      December 26, 2012

      Contents
      Summary
      Note

      Note

      -

      Bookmark

      Print

      Print

      Press Information Bureau

      Government of India

      Ministry of Communications & Information Technology

      26-December-2012 16:46 IST

      YEAR END REVIEW

      The Telecom sector has witnessed exponential growth, especially in the wireless segment, in the last few years. With 937.70 million telephone connections at the end of September 2012, the Indian telecom network is the second largest in the world, only after China. Tele-density, which shows the number of telephones per 100 population in the country, was 77.04% at the end of September 2012.

      The number of internet subscribers increased from 22.39 million (including 13.35 million broadband subscribers) to 23.01 million (including 14.57 million broadband subscribers) during the period from January to June 2012. At the end of September 2012, there were 15.08 million broadband subscribers in the country.

      Telecom has evolved as a basic infrastructure like electricity, roads, water etc. and has also emerged as one of the critical components of economic growth required for overall socio economic development of the country. A study conducted recently has found that, in India, 10% increase in internet subscribers delivers, on an average, 1.08% increase in GDP. In the 10 states which had higher penetration of Internet, the increase in growth was higher at 2.36% on a average, for 10% increase in Internet penetration. In the year 2009-10, these 10 states, referred to as ‘relatively developed States’ had internet penetration rate of 2.76% compared to the set of 9 ‘Developing’ States having average internet penetration rate of only 0.61%. The study has also found that a 10% increase in mobile penetration delivers, on an average, 1.5% increase in GDP.

      National Telecom Policy – 2012 (NTP-2010)

      The government approved National Telecom Policy-2012 (NTP-2012) on 31st May 2012 which addresses the Vision, Strategic direction and the various medium term and long term issues related to telecom sector. The primary objective of NTP-2012 is maximizing public good by making available affordable, reliable and secure telecommunication and broadband services across the entire country. The main thrust of the Policy is on the multiplier effect and transformational impact of such services on the overall economy. It recognizes the role of such services in furthering the national development agenda while enhancing equity and inclusiveness. Availability of affordable and effective communications for the citizens is at the core of the vision and goal of the NTP-2012. NTP-2012 also recognizes the predominant role of the private sector in this field and the consequent policy imperative of ensuring continued viability of service providers in a competitive environment. Pursuant to NTP-2012, these principles would guide decisions needed to strike a balance between the interests of users/consumers, service providers and government revenue.

      Manufacturing of Telecom Equipment

      With the advent of next-generation technologies and operators rolling out 3G and broadband wireless access services, the demand for telecom equipment has increased. In an attempt to capitalize on this opportunity, the government and policymakers are focusing on developing the domestic manufacturing industry.  Despite significant growth of the telecom network and the subscriber base over the last decade, the telecom manufacturing sector has not shown corresponding increase.

      The NTP-2012, inter-alia, has following objectives on promoting Telecom Equipment Manufacturing:

      • · Create a corpus to promote indigenous R&D, IPR creation, entrepreneurship, manufacturing, commercialization and deployment of state-of-the-art telecom products and services during the 12th five year plan period.
      • Promote the ecosystem for design, Research and Development, IPR creation, testing, standardization and manufacturing i.e complete value chain for domestic production of telecommunication equipment to meet Indian telecom sector demand to the extent of 60% and 80% with a minimum value addition of 45% and 65% by the year 2017 and 2020 respectively.
      • · Provide preference to domestically manufactured telecommunication products, in procurement of those telecommunication products, which have security implications for the country and in Government procurement for its own use, consistent with our World Trade Organization (WTO) commitments.

      Auction of Spectrum

      Auction of Spectrum in 1800MHz band that commenced on 12.11.12 has been completed. Five companies participated in auction.

      National Optical Fiber Network (NOFN) project

      • NOFN Project is envisaged as a Centre-State joint effort. State governments are expected to contribute by way of not levying any RoW charges. This requires suitable tri-partite MoU to be signed by GOI, state governments & BBNL.
      • Tri-partite MoU has been signed on 26.10.2012 with 13 states and 3 Union Territories. A total of about 1,40,727 Gram Panchayats will get covered by Optical Fiber Network in these States and UTs.
      • Three Pilot Projects have been completed to cover all Gram Panchayats of Arain Block in Ajmer District (Rajasthan), Panisagar Block in North Tripura District (Tripura), Paravada Block in Vishakhapatanam District (A.P.). As on 15.10.2012, each of the 58 Gram Panchayats in these three Pilot Project Blocks have provided with 100 Mbps bandwidth.
      • Survey work for ‘laying of incremental OFC’ has commenced based on GIS data made available by NIC.

      Universal Service Obligation Fund (USOF)

      Various initiatives have been taken by DoT to cover the uncovered rural and remote areas of the country, with the support from USO fund. The achievements are listed below:

      • 424 Village Public Telephones (VPTs) have been provided during the year 2012 till October 2012. at the end of October 2012, 5.80 lakh (97.76%) villages were covered with VPTs.
      • As on 31.10.2012, 53452 VPTs out of the 62443 i.e. 85.60% VPTs have been provide under VPTs in newly identified uncovered villages as per Census 2001.
      • 14 Mobile Towers and 209 Base Transceiver Stations (BTSs) have been commissioned by Infrastructure Providers and Universal Service Providers respectively under the Shared Mobile Infrastructure Scheme, during the year 2012 till October 2012. Under this scheme, 7310, (99.42%) towers were set up by the end of October 2012.
      • 52,628 wire-line broadband connections and 3,347 kiosks have been set up in rural and remote areas under the scheme, during the year 2012 till October 2012 under the Rural Broadband Scheme for expanding provision of Wireline Broadband Connectivity up to village level.
      • A subsidy of Rs 330.13 crore has been disbursed through USOF during the year 2012 till 31.10.2012, A total fund of Rs 47035.33 crore has been collected under USOF till 31.10.2012. A total of Rs 22438.17 crore of USO fund has been utilized till 31.10.2012 and available potential balance of Rs 24597 crore.

      National Policy on Electronics (NPE) 2012

      Unlike the IT and Telecom Sector, wherein India has already been recognized as a global player, the performance of our electronic hardware manufacturing has lagged on account of specific challenges.

      It is estimated that by the year 2020 our domestic demand for the Electronics products and systems (this includes electronic products, hardware as well as components) would be USD 400 Billion as against domestic production of USD 100 billion only.

      To focus on Electronics System Design & Manufacturing (ESDM) in the country, a separate policy for the sector i.e. the National Electronic Policy (NPE) 2012 was approved for implementation by the Cabinet on 25.10.2012.

      The NPE provides for a comprehensive set of policy initiatives to revive the Electronics System Design and Manufacturing (ESDM) sector in the country, which include, broadly:

      Electronics Manufacturing Clusters (EMC) Scheme

      Modified Special Incentive Package (M-SIPS) Scheme

      Setting up Semiconductor Wafer Fabrication Units

      Preference to Domestically Manufactured Electronic Goods (Preferential Market Access)

      Scheme for mandatory registration of identified Electronic Products for meeting specified safety standards

      Human Resource Development initiatives in ESDM

      National Policy on Information Technology (NPIT) - 2012

      The National Policy on Information Technology 2012 was approved on 14th September 2012. The policy aims to leverage Information & Communication Technology (ICT) to address the country’s economic and developmental challenges. The policy inter alia envisages creation of additional 10 million employments by 2020.

      Under this Policy the objectives for HR Development include:

      • Creation of a pool of 10 million additional skilled manpower in ICT.

      Make at least one in every household e-literate.

      Enable access of content and ICT applications to foster inclusive development.

      Leverage ICT for expanding the workforce and enabling life-long learning.

      Produce 3000 PhDs annually in specialized areas by 2020.

      National Policy on Skill Development

      Government of India had announced a National Policy on Skill Development, which has set a target of skilling 500 million people by 2022 and a target of training 10 million persons in IECT sector has been assigned to this Department.

      In the year 2011-12, about 2.25 lakh persons were trained by NIELIT and CDAC. The PM’s National Council on Skill development has set a target of skilling 4.4 lakh persons for 2012-13. As of July 2012, a total of 1,25,792 candidates have been trained/undergoing training at NIELIT and CDAC.

      Development of North-Eastern Region

      The Cabinet approved on 12th April 2012 the implementation of Deity’s scheme for development of NER by enhancing training and education capacity in the information, electronics and communication technology (IECT) area through the National Institute of Electronics and Information Technology (NIELIT) (formerly DOEACC Society). The total budget outlay for the project is Rs 388.68 crores spread over a period of five years.

      NIELIT has also initiated projects for setting up Regional Institutes for e-Learning and Information Technolgy (RIELIT) at Kohima (Nagaland), Agartala (Tripura): and NIELIT Centres at Shillong (Meghalaya), Gangtok (Sikkim) and Itanagar (Arunachal Pradesh).

      Social Media and Citizen Engagement Framework

      The advent of internet and social media has brought in paradigm change in which citizens engage with each other as well as with government.

      In order to help government organizations engage more fruitfully with the various social media platforms, Citizen Engagement Framework and Social Media Framework has been created and notified on 8th September 2012.

      Information Technology Investment Regions (ITIRs)

      Government of India has accorded in-principle approval for setting up of three Information Technology Investment Regions (ITIRs) in the States of Karnataka, Andhra Pradesh and Odisha.

      Setting up of National Internet Registry (NIR)

      Indian Registry for Internet Names and Numbers (IRINN) under National Internet Exchange of India (NIXI) was recognized as the National Internet Registry during March, 2012 by Asia Pacific Network Information Centre (APNIC).

      National Supercomputing Mission

      High Performance Computing (HPC), also known as Supercomputing, plays an important role in both scientific advancement and economic competitiveness of a nation because it is a powerful tool for accelerating a nation’s R&D programs by increasing the productivity of scientists and researchers. It enables them to produce scientific and industrial solutions faster, less expensively, and with higher quality than traditional theory and experimentation alone.

      The national mission on supercomputing proposes to take an application centric approach for future HPC activities in the nation.

      Parallely, an initiative to upgrade the computing power of the current PARAM Yuva system installed at C-DAC, Pune from 54 Teraflop to 500 Teraflop has been undertaken.

      Major on-going Plan scheme/programmes of the Department

      E-Governance: Of the 31 Mission Mode Projects (MMPs), 24 have been approved by the Government of India. 22 MMPs have gone live and are delivering services electronically.

      State Data Centre (SDCs):  As on date 17 SDCs have been made operational and SDCs in 3 states are under implementation.

      Common Service Centers (CSCs): The CSCs are ICT enabled kiosks with broadband connectivity to provide various government, private and social services at the doorstep of the citizen. As on date, more than of 98,055 CSCs have been made operational in thirty five States/UTs.

      E-District: The Department has approved 16 Pilot e-District projects covering 41 districts. Pilot project has been launched/gone live in all the 41 districts across the country. The scheme for National Roll Out of e-District Mission Mode Project (MMP) was approved by the Cabinet Committee for Infrastructure on 20th April 2011.

      Mobile Governance: Deity has developed and notified the Framework for Mobile Governance in February 2012.

      Cyber Security

      • Indian Computer Emergency Response Team (CERT-In) has been operational as a national agency for cyber security incident response.

      National Crisis Management Plan for countering cyber attacks and cyber terrorism has been prepared and is being updated annually.

      To enable comprehensive cyber security policy compliance, the govt has mandated implementation of security policy within govt in accordance with the Information Security Management System (ISMS) Standard ISO 27001. In addition, Computer security guidelines have been issued for compliance within Govt. A Common Criteria based IT product security testing facility has been set up at Kolkata.

      During the Year 2012, Cyber Regulation Advisory Committee has been reconstituted and notified under Section 88 of Information Technology (Amendment) Act 2008. The first meeting of the re-constituted committee was held on 29th November 2012.

      National Knowledge Network

      • 915 links to Institutions have been commissioned and made operational. This includes 266 links to institutions under NMEICT, which have been migrated to NKN.

      61 virtual classrooms have been setup.

      Research & Development

      Cloud Computing

      Recognizing the potential of cloud computing, in areas such as e-governance, education, etc, CDAC has completed Cloud Stack – named Meghdoot using open source softwares. The Meghdoot Cloud stack has been deployed in the State Data Centre, Chennai as a Proof of Concept, along with some State Government Applications.

      IT Applications by National Informatics Centre (NIC)

      Amongst the important initiatives by NIC during the year were:-

      Open Government Platform (OGPL): The National Data Sharing and Accessibility Policy (NDSAP) has been notified by the Government. NIC has developed a technology solution for establishing an Open Data Portal for Government Departments. It will facilitate access and use of Government data by citizen to foster innovation and promote transparency.

      Central Public Procurement Portal (CPP):  NIC has developed a portal to provide a single point access to the information on tenders published by various Ministries/Departments, Public Sector Undertakings and Statutory Bodies. CPP is expected to bring in greater transparency in tendering process and gradually move towards adoption of electronic procurement solution for their procurement needs on a continuing basis.

      Co-operative Core Banking Solution (CCBS): NIC has launched a Co-Operative Core Banking Solution (CCBS) for Co-Operative banks. It is being offered as ‘Application As a Service’ and is hosted at National Data Centre of NIC. It will enable co-operative banks to go for core banking solution at affordable cost and in a faster manner.

      Department of Posts

      Contributing to the financial inclusion of the rural people:

      (A) Wage disbursal under Mahatma Gandhi National Employment Guarantee Act (MGNREGA): Extensive rural postal network of the country is actively engaged in disbursal of wages of MGNREGA with high levels of efficiency. During the year 2012-13 the Post Offices disbursed about Rs 9,133 crore by October, 2012 through about 5.53 crore savings accounts of MGNREGA workers standing in the Post Offices. Thus, the Department of Posts significantly contributed towards the success of this unique social security arrangement of unprecedented scale.

      (B) Financial Inclusion of Below Poverty Line (BPL Household: Department of Posts leveraged its network and outreach to financially include BPL households by targeting them for opening their savings accounts in the Post Offices and thus providing them with access to savings services. During the Year 2012-13 more than 1.53 crore households were financially included through this initiative by October, 2012.

      Introduction of e-enabled services

      (A) 24,969 Departmental post offices have been computerized as on date

      (B) India Post has introduced Remotely Managed Franking System in place of existing electronic Franking Machines. Around 5681 RMFS machines have been licensed and activated as on date.

      (C) e-Post office Portal was commissioned during 2011. During the current year PLI premia payment has also been added apart from sale of philatelic material.

      International Remittance services

      Recognizing the spurt in the volumes of international remittances into India in the recent years and the notable contribution of remittance inflows to the country’s economy, the Department of Posts has taken a project to revamp its international money order services. Currently, DoP provides electronic money remittance services on two platforms, viz. the IFS (developed by the Universal Postal Union) and Eurogiro. The following action has been completed in this regard:

      Setting up an International Remittances Unit (IRU) at CEPT, Mysore.

      Starting the inward international money order transactions from France on 22 November, 2012.  

      Expansion of Clientele Base of Postal Life Insurance(PLI)

      In order to provide insurance coverage to persons of various organizations which were earlier out of purview of PLI schemes and to scale up business revenues employees of following organizations have also been brought under PLI scheme w.e.f. 18.10.2012:

      (i) Joint ventures having Govt/PSU stake

      (ii) Credit Co-operative Societies registered under Co-operative Societies Act

      (iii)  Scheduled Commercial Banks

      (iv)  Deemed Universities and Educational Institutions accredited by recognized bodies i.e. AICTE, MCI, NAAC etc.

      “Sampoorna Jeevan Bima Gram” and “Sampoona Bima Sangathan”

      For better insurance coverage of eligible population, a targeted approach to cover villagers under RPLI and organizations under PLI has been started from November 2012 as under:-

      (i)  to identify and cover minimum 75% of employees of 20 organizations up to 31.10.2012 and 30 organisations/units up to 31.10.2012 as “Sampoorna Jeevan Bima Sangthan/Unit” under Postal Life Insurance;

      (ii)  To identify and cover 1000 villages up to 31.10.2012 and 2000 villages up to 31.03.2013, as “Sampoorna Jeevan Bima Gram” wherein at least one member of each house hold is to be enrolled under Rural Postal Life Insurance.

      Financial Services

      The Department successfully completed the vendor selection for its Financial System Integration project. The vendor selected was M/s Infosys who will be involved with the Core Banking solution and setting up of ATMs for the Department. The project has started on 28th September 2012.

      UIDAI Aadhar letters:

      Department of Posts is working as Register with UIDAI for providing Aadhar enrolments through Post Offices for phase-II operations also. A total of 80,84, 181 successful enrolments have been completed.

      ePost:

      New and enhanced version of ePost software has been launched on 12th December 2012. The enhanced version will have facility of sending multilingual messages apart from sending PDF files as attachment. During the year 2012 (upto Nov 2012), 13.64 lakh messages have been sent and Rs 104.50 lakhs earned as revenue.

      Sale of Gold Coins:

      Under retail post, India Post sells 24 carat gold coins of the denomination of 0.5 g, 1g, 5g, 8g, 10g, 20g and 50g through selected Post Offices. During the year 2012 (upto Nov 2012), 708 kg of gold coins were sold  and Rs 10.99 crores earned as revenue.

      Project Management Unit

      The Government has approved the IT Modernization Project of the Department of Posts for computerization of all the non-computerized post offices, Mail Offices, Administrative and other offices, establishment of required IT infrastructure, development of required software applications. IT modernization Project – India Post will enable Department to enhance and provide value additions to Mail, Savings Bank and Insurance, customer service while providing a platform to launch new initiatives and provide new rural services.

      Money remittance through Mobile phone service:

      An agreement has been signed with BSNL for providing money remittance through mobile phones. This is joint endeavor of Department of Posts & BSNL. BSNL has been provided with the requirements of DOP for development of the software. This service specially tailored for those who have a need to remit money regularly up to a sum of Rs 10,000. Under the Scheme, a remitter can go to any Post Office in the Circle enabled for the Mobile Money Transfer Service and remit an amount from Rs 1000/- to Rs 10,000/- to be paid to another mobile subscriber at the designated Post Office. The Slabs for money transfer is as follows:

      Slabs

      Charges of Remittance

      Rs 1000 to 1500

      Rs 40

      Rs 1501 to 5000

      Rs 70

      Rs 5001 to 10,000

      Rs 100

      The service initially has been launched on 15th November 2012 in four Circles viz. Kerala, Bihar, Delhi and Punjab and this service is provided in 18 selected Post Offices in each Circle.

      *****

      MV/RK

      Topics

      ActsIncome Tax