Consumer Issues
Personalised debit cards for India Post
Cash management and payments solutions company CMS Info Systems has signed a deal with the Department of Post (DoP) to personalize over 15 million debit cards for India Post savings account holders, it was announced on Wednesday.
 
"The deal, valued at Rs.30 crore, is estimated to be completed in the next three years," an official statement said.
 
At present, the DoP covers a base of around 100 million account holders in India and is in the midst of a phased deployment of ATMs across the country to better service its customers.
 
To facilitate production of personalized debit cards that can be used at these ATMs, DoP has selected CMS Info Systems to supply Rupay-enabled cards.
 
"Our latest deal with DoP will power issuance of personalized cards to complement their ATM deployment plans over a three-year period," said Mokam Singh Matta, head of card business, CMS Info Systems.
 
The personalized debit cards for DoP will be issued on the National Payments Corporation of India (NPCI) platform and their usage would initially only be on ATMs installed at DoP branches, as a closed loop environment. The cards can later be used on other ATMs with Rupay affiliation, it added.

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Maggi noodles safe in Goa: FDA
Maggi noodles are safe for consumption in Goa, a senior Food and Drugs Administration (FDA) official said on Wednesday.
 
FDA deputy director Jyoti Sardesai told reporters in Panaji that tests conducted on Maggi products, both at the local production unit and retail stores, showed that monosodium glutamate (MSG) and lead levels were within accepted limits. 
 
"Both MSG (monosodium glutamate) and lead levels were within limits when we conducted the tests," she said.
 
She said that following the nationwide controversy over consumption of Maggi noodles, the department had conducted a series of tests, which did not show violation of food laws.
 
She also said that Maggi noodle samples were drawn from the Nestle manufacturing unit at Bicholim sub-district in North Goa as well as from five randomly chosen retail stores for the tests.
 

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India needs umbrella for social security schemes: Official
India needs to have an umbrella for social security schemes to check duplication of benefits for some beneficiaries while a section of people is left out of it, an official in the central labour and employment ministry said.
 
"Even today we do not have a social security umbrella. There are a lot of social security programmes run by the state government as well as the Centre but all of these are under different schemes," the official said.
 
Additional central provident fund commissioner for West Bengal, North-East and Jharkhand under the central labour and employment ministry, V. Vijaya Kumar, was speaking to the media here on the sidelines of an event organised by the Indian Chamber of Commerce.
 
Kumar said while the central and state governments come up with social security schemes, there is a duplication in this process as a section of people enjoy benefits from both the state as well as the Centre while another section of people is deprived of it.
 
"An umbrella will remove duplication of schemes," he said.
 
Kumar said while foreign countries have an umbrella for the employee benefit programmes, it is absent in India.
 
"During our first deliberations with the US over social security negotiations, the first question they (US) asked was over the presence of an universal social security," he said.
 
The official said social security schemes for the unorganised sector are on the top of the agenda of the Centre and sources of funds have already been identified to roll out such schemes.
 
According to the labour ministry official, the central government is also spending alike the states on the social sector and an umbrella will ensure smoother and efficient implementation of the schemes.
 
"Comparing the budgets of states and the centre, we (the Centre) are also spending an equal amount if not more for social security", he said.

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