Citizens' Issues
CCEA nod for Rs4,909 crore plan to modernise post offices

Under this plan, all post offices will be connected through a computer network to provide facilities similar to core banking system, besides efficient delivery of services, disbursal of government subsidies and seamless access of its services

New Delhi: The Indian government has cleared a proposal to modernise 1.55 lakh post offices across the country over the next two years at a cost of over Rs4,900 crore, reports PTI.

 

"The Cabinet Committee on Economic Affairs (CCEA) approved the proposal of Rs4,909 crore towards IT modernisation project of the Department of Posts, covering 1.55 lakhs post offices," official statement said.

 

Under this plan, all post offices will be connected through a computer network. This will enable the Department to provide facilities similar to core banking system, besides efficient delivery of services, disbursal of government subsidies and seamless access of its services.

 

The statement said that the IT modernisation project is expected to "provide access (to services of the department) by multiple channels to customers, for example, post office counters, kiosks, internet, mobiles ATMs, etc".

 

In this phase, DoP will provide 30,000 netbooks and 1 lakh handheld devices to its officials and postmen for delivery of services, like subsidies and immediate updation of records, at doorsteps.

 

"IT modernisation project has been structured into eight segments ...such as data centre, network, computers and peripherals, software applications which will cover all the product and services of the Department of Posts, and change management which will help in effective transformation into IT mode," the statement said.

 

Earlier on 2010, government had earlier approved Rs1,877 crore for IT modernisation project which had been spent and the Department required additional funds for expansion of the project across country.

User

Nordic countries ask Facebook to stop ads

Norwegian consumer agency like its counterparts in the Nordic region, wants to put an end to the unsolicited advertisements that appear on users' news feeds on Facebook

Oslo: Facebook should stop unsolicited advertising to users in Nordic countries or face legal action, the Norwegian consumer agency said, reports PTI.

 

The agency, like its counterparts in the Nordic region, wants to put an end to the unsolicited advertisements that appear on users' news feeds.

 

It has sent a letter to the European Commission to determine whether Facebook is in line with the EU's directive on privacy and electronic communication -- and possibly to make amendments to rules drawn up before Facebook was founded.

 

"It is prohibited to send electronic advertisements to consumers who haven't given their consent, either by email or SMS," consumer mediator Gry Nergaard told AFP.

 

"We think that some of the advertising that Facebook calls 'sponsored stories' is beginning to look like unsolicited electronic messages," she said.

 

Depending on the response from European authorities and Facebook, Norwegian officials may undertake legal action to put an end to the practice.

 

"Sponsored stories" are advertisements that show up on a Facebook user's page informing him or her that one of his contacts, or "friends", whose name and or photo may also appear, "likes" a product, giving the false impression that the product or company is being endorsed by the friend.

 

"It has evolved even further," Nergaard said. "Now you can receive an advertisement without the mention that your friend 'liked' it," she said.

 

Facebook, which is hugely popular worldwide but is struggling to generate advertising revenue, claims it is abiding by European and Norwegian laws.

 

Its spokesman in northern Europe, Jan Fredriksson, said users could choose to block this type of advertising in their settings.

 

But Nergaard said it was not enough to provide an "opt out" option, the key issue was that Facebook did not have users' prior consent.

 

The European Commission was to examine the issue in the near future, she said.

 

Facebook in June settled a $10 million lawsuit from users in the US who claimed their names, images and other information were improperly used in "sponsored stories".

User

ICICI Lombard rolls out overseas travel insurance plan

ICICI Lombard's new travel insurance covers a host of other risks like political ones, catastrophic evacuation, emergency financial assistance, and home insurance cover besides medical insurance

Mumbai: Private sector general insurer ICICI Lombard has launched 'International Travel Insurance Plan' which provides overseas medical insurance, reports PTI.

 

"We have launched this product keeping in view that number of international travellers from India is increasing. Apart from medical insurance, this policy covers a host of other risks like political ones, catastrophic evacuation, emergency financial assistance, and home insurance cover," its vice-president for underwriting and claims Amit Bhandari said.

 

He also said the company has tied up with US-based healthcare provider United Health Care (UHC) to take care of bill settlement directly, along with cashless hospitalisation across a wide network of hospitals.

 

Total premium collected in travel insurance segment in the country stood at only Rs400 crore in the last fiscal.

 

ICICI Lombard is the largest private sector insurer which had a gross written premium (GWP) of Rs5,358 crore last fiscal.

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)