Rural-PLI BONUS RATE UPTO 2011

Type of Policy :- EA   

                                                           

 S. No          Type of Policy           Financial Year                                 Bonus       Year   Bonus_10*

                                          From                 To                                    Rate      

1                   EA                 01-APR-1995        31-MAR-1996              60.00     1996         60.00

2                   EA                 01-APR-1996       31-MAR-1997               50.00     1997         50.00

3                   EA                 01-APR-1997       31-MAR-1998               50.00     1998         50.00

4                   EA                 01-APR-1998       31-MAR-1999               50.00     1999         50.00

5                   EA                 01-APR-1999       31-MAR-2000               50.00     2000         50.00

6                   EA                 01-APR-2000       31-MAR-2001               50.00     2001         50.00

7                   EA                 01-APR-2001       31-MAR-2002               50.00     2002         50.00

8                   EA                 01-APR-2002       31-MAR-2003               50.00     2003         50.00

9                   EA                 01-APR-2003       31-MAR-2004               52.00     2004         55.00

10                 EA                 01-APR-2004       31-MAR-2005               55.00     2005         55.00

11                 EA                 01-APR-2005       31-MAR-2006               55.00     2006         55.00

12                 EA                 01-APR-2006       31-MAR-2007               55.00     2007         55.00

13                 EA                 01-APR-2007       31-MAR-2008               55.00     2008         55.00

14                 EA                 01-APR-2008       31-MAR-2009               55.00     2009         55.00

15                 EA                 01-APR-2009       31-MAR-2010               55.00     2010         55.00

16                 EA                 01-APR-2010       31-MAR-2011               55.00     2011         55.00

* Bonus Rate for Policies running over 10 years.

  

PLI BONUS RATE UPTO 2011

Type of Policy :- EA                                                        

  S. No       Type of Policy            Financial Year          Bonus Rate     Year      Bonus_20*

                                  From                 To

    1              EA          01-APR-2009       31-MAR-2010       70.00       2010         70.00

    2              EA          01-APR-2010       31-MAR-2011       70.00       2011         70.00

    3              EA          01-APR-1967       31-MAR-1968       22.00       1968         22.00

    4              EA          01-APR-1968       31-MAR-1969       22.00       1969         22.00

    5              EA          01-APR-1969       31-MAR-1970       24.00       1970         24.00

    6              EA          01-APR-1970       31-MAR-1971       24.00       1971         24.00

    7              EA          01-APR-1971       31-MAR-1972       24.00       1972         24.00

    8              EA          01-APR-1972       31-MAR-1973       25.00       1973         25.00

    9              EA          01-APR-1973       31-MAR-1974       25.00       1974         25.00

   10              EA          01-APR-1974       31-MAR-1975       25.00       1975         25.00

   11              EA          01-APR-1975       31-MAR-1976       31.00       1976         31.00

   12              EA          01-APR-1976       31-MAR-1977       31.00       1977         31.00

   13              EA          01-APR-1977       31-MAR-1978       31.00       1978         31.00

   14              EA          01-APR-1978       31-MAR-1979       35.00       1979         35.00

   15              EA          01-APR-1979       31-MAR-1980       35.00       1980         35.00

   16              EA          01-APR-1980       31-MAR-1981       35.00       1981         35.00

   17              EA          01-APR-1981       31-MAR-1982       42.00       1982         42.00

   18              EA          01-APR-1982       31-MAR-1983       42.00       1983         42.00

   19              EA          01-APR-1983       31-MAR-1984       47.00       1984         47.00

   20              EA          01-APR-1984       31-MAR-1985       47.00       1985         47.00

   21              EA          01-APR-1985       31-MAR-1986       54.00       1986         54.00

   22              EA          01-APR-1986       31-MAR-1987       60.00       1987         60.00

   23              EA          01-APR-1987       31-MAR-1988       63.00       1988         63.00

   24              EA          01-APR-1988       31-MAR-1989       65.00       1989         65.00

   25              EA          01-APR-1989       31-MAR-1990       67.00       1990         67.00

   26              EA          01-APR-1990       31-MAR-1991       70.00       1991         70.00

   27              EA          01-APR-1991       31-MAR-1992       72.00       1992         72.00

   28              EA          01-APR-1992       31-MAR-1993       70.00       1993         70.00

   29              EA          01-APR-1994       31-MAR-1995       76.00       1995         76.00

   30              EA          01-APR-1995       31-MAR-1996       76.00       1996         76.00

   31              EA          01-APR-1996       31-MAR-1997       76.00       1997         76.00

   32              EA          01-APR-1997       31-MAR-1998       76.00       1998         76.00

   33              EA          01-APR-1998       31-MAR-1999       77.00       1999         77.00

   34              EA          01-APR-1999       31-MAR-2000       77.00       2000         77.00

   35              EA          01-APR-2000        31-MAR-2001      77.00       2001         77.00

   36              EA          01-APR-2001       31-MAR-2002       77.00       2002         77.00

   37              EA          01-APR-2002       31-MAR-2003       70.00       2003         70.00

   38              EA          01-APR-2003       31-MAR-2004       70.00       2004         70.00

   39              EA          01-APR-2004       31-MAR-2005       70.00       2005         70.00

   40              EA          01-APR-2005       31-MAR-2006       70.00       2006         70.00

   41              EA          01-APR-2006       31-MAR-2007       70.00       2007         70.00

   42              EA          01-APR-2007       31-MAR-2008       70.00       2008         70.00

   43              EA          01-APR-2008       31-MAR-2009       70.00       2009         70.00

   44              EA          01-APR-1993       31-MAR-1994       70.00       1994         70.00

* Bonus Rate for Policies running over 20 years.

Govt Plans to separate India Post's functions

The government is planning to separate the functions of policy making, regulations and operations of the over 150 year-old Department of Post (DoP).

Sources in Ministry of Communications and IT said Kapil Sibal has asked for setting up a body to oversee the unbundling of DoP's functions.
An independent body named Postal Development Board (PDB) will be responsible for the overall development and governance of the postal sector, they added. The PDB will also draw a road-map for unbundling of postal department functions.

"The idea is to develop Indian postal sector as a full-fledged market, bring in more service providers to enhance employment and contribution to nation's GDP," a senior ministry official said.

A recent review meeting of the entire sector, chaired by Sibal, found that in some European countries' the sector contributes between 0.6-0.9 per cent of their GDP.

However, the contribution of the estimated Rs 15,000-crore Indian Postal sector is much lower. Private players have been demanding unbundling of the department's functions for a level-playing field and growth of the sector.
At present, DoP -- which has around 5 lakh employees -- is the sole body responsible for policy making, regulations and providing postal service.
The over 100-year old Indian Post Office Act, which governs the sector, bars any individual or entity from delivering letter for commercial purpose.
The business of private courier companies is built around delivering documents, parcels and others items which do not fall under the category of 'letter'.

Sibal has asked DoP to create a framework to support small and medium postal operators and new models to encourage entrepreneurship in the sector.

The minister has also instructed DoP to constitute a Postal Advisory Board (PAB) which should have representation from government, industry players, academics and other stakeholders.

The role of PAB will be to provide inputs to PDB on policy matters. PDB will be set up under Secretary (Posts) and will include Secretaries of Department of Economic Affairs, Department of Electronics and Information Technology, Department of Commerce and two members from Postal Services Board.

SOURCES- DECAN HERALD NEWS