GDS Circle Welfare Fund Scheme 2024 (GDSCWF) : A Comprehensive Overview. Download GDS Circle Welfare Fund Scheme 2024 (GDSCWF) in PDF
Introduction
The Circle Welfare Fund for Gramin Dak Sevaks (CWFGDS) has been established to ensure the welfare of Gramin Dak Sevaks (GDS) managing India's rural postal network. This initiative, revised as per the recommendations of the Kamlesh Chandra Committee, introduces new provisions and updates to enhance the welfare support available to these essential workers.
Scheme Overview
Name and Control
The CWFGDS will be administered by the Chief Postmaster General (CPMG), with the operational control delegated to Regional Postmaster Generals (PMG). This decentralization aims to streamline decision-making and improve the efficiency of fund utilization.
Objectives
With over 267,000 GDS working across 139,891 Branch Post Offices as of March 31, 2024, the CWFGDS aims to provide essential support and welfare assistance to this crucial workforce.
Scope
The scheme is mandatory for all regularly engaged GDS, excluding substitutes and provisional workers.
Subscription Details
Monthly Contribution
Each GDS will contribute a uniform monthly fee of Rs. 40, amounting to an annual subscription of Rs. 480, which will be collected in a lump sum every April. New GDS will have their contributions adjusted based on their starting month.
Implementation Timeline
The CWFGDS will come into effect from July 1, 2024, with the first subscription recovery planned for April 2025.
Fund Management and Recovery
The recovery of subscriptions will be managed by the Accounts Branch of the Head Post Office, ensuring that funds are collected and remitted to the Treasurer of the Managing Committee efficiently.
Application for Financial Assistance
GDS can apply for financial assistance through a prescribed form. The process is designed to prioritize applications on a first-come, first-served basis. Key procedures include:
- Immediate reporting of member deaths for assistance claims.
- Verification and recommendation of applications by divisional heads.
- Quarterly review meetings to decide on assistance requests.
Administration of the Scheme
The CWFGDS will be managed by a committee comprising various officials, ensuring that decisions regarding grants and assistance are made judiciously.
Eligibility Criteria
All GDS engaged per the established departmental procedures are eligible for benefits under the CWFGDS.
Financial Assistance Components
The CWFGDS comprises three main components:
Financial Grants: Support for various needs, including funeral expenses, medical emergencies, and educational scholarships for GDS children.
Low-Interest Loans: GDS can avail loans at a 5% interest rate for specific purposes such as housing improvements and necessary equipment purchases.
Retirement Benefits: A one-time payment will be granted to GDS who have not claimed any assistance during their service.
Financial Grant Details
Financial assistance is available for:
- Funeral expenses (Rs. 5,500)
- Major medical operations (Rs. 22,000)
- Assistance for families of deceased GDS (up to Rs. 165,000 for death in duty-related circumstances)
Annual Grants and Contributions
In addition to GDS contributions, the Central Postal Welfare Fund will provide annual contributions based on the number of active GDS. For the 2024-25 financial year, this contribution will be Rs. 175 per GDS.
Audit and Oversight
Annual audits will ensure transparency and accountability in fund management, with reports submitted to the Directorate.
Conclusion
The Circle Welfare Fund for Gramin Dak Sevaks represents a significant step forward in ensuring the welfare and support of GDS personnel across India. With structured financial assistance, low-interest loans, and a focus on healthcare and education, this initiative aims to enhance the quality of life for those serving in rural postal services, reflecting a commitment to their well-being and security.
