Dear Comrades,
Postal Directorate issued orders vide Memo No.6-18/2010-PE-II dated 07/05/2010 regarding revision of FG Bond value and its periodicity of GDS Employees.According to fresh orders for GDS BPMS the FG Bond value increased from Rs.10000/- to Rs.25000/- for other catogories of GDS it is from Rs.5000/- to Rs.10000/-. And the periodicity is for 5 years after expiry of current FG Bond period.All these orders have been issued in connection with implementation of one man committee headed by Sri R.S.Nataraja Murthy recommendations.
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we have to pay any amount to postal department for fgbond.why this fg bond useful to postal employees.
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