Wednesday, 30 December 2015

WISH YOU HAPPY NEW YEAR to all members of FNPO Family, friends and Viewers

Image result for new year greetings 2016     Image result for new year greetings 2016

Circle conference of National Union of Postman & MTS at Karimnagar

The Circle conference of NUPE PM&MTS is going to be held at Karimnagar from 3.1.2016 to 5.1.2016 under the presidentship of Sri RAJABABU, Postman Akkayyapalem. Our all India leaders Sri D.Theyagarajan SG FNPO, Sri D.Kishanrao GS NAPE Gr-c and Sri TN Rahate GS NUPE PM&MTS will attend the meeting and address the conference. Hence all are requested to participate more in number and make the conference a grand success. 

Joint bi-ennial conference of Machilipatnam Division

Joint bi-ennial conference of  NAPE Gr-c,, NUPE PM&MTS and NUGDS were held at O/o MPDO Machilipatnam on 20.12.2015 under the presidentship of Smt Padmavathi. Sri Vasireddy Sivaji CS NUPE PIII, Sri M.Tirumalarao ACS NUPE PIII and Sri Ch.Lakshminarayana NUGDS CS were attended the meeting and addressed the gathering on 7th CPC, CBS, other local problems. Lastly Smt Padmavathi, Sri MVLN Prasad and Sri Sivaprasad were elected as President, Secretary and Treasurer for NAPE PIII union respectively. The circle union congratulates the newly elected body. 

Shri Ravi Shankar Prasad Inaugurates Good Governance Week Celebrations

23 New Products Launched

Payment Bank to Begin from March 2017

A week-long celebration of Good Governance Week was organized by Department of Electronics and Information Technology starting from 25th December 2015. A National event on Good Governance was inaugurated on 28th December 2015 by Shri Ravi Shankar Prasad, the Hon’ble Minister of Communications & Information Technology (MoCIT) in India Habitat Centre at New Delhi. This event involved active participation from Department of Electronics and Information Technology (DeitY), Department of Telecommunications (DoT) and Department of Posts (DoP) and their agencies.

Speaking on the occasion, Shri Ravi Shankar Prasad reiterated the commitment of the Government towards the successful implementation of ‘Digital India’ which would help to transform India into a truly digitally empowered society and knowledge economy in the 21st century. He said the government is aiming at empowering people of India through digitalization. Millions of citizens have already joined in this initiative and invited others to do so. He said e-services should reach more people at the earliest and sought cooperation from State Governments, industry and acadmecia in the early achievement of this objective.

Sh. Ravi Shankar Prasad also announced that India Post would be launching Payment Banking by March 2017. He said after the successful turn around of BSNL, new initiatives have been taken for improving performance of MTNL. He also announced launch of free incoming all over the Country by MTNL from New Year.

The event saw the launch / inauguration of new 23 products / eServices.
The key launches are as follows:

Department of Telecommunications
·         Inauguration of Wi-Fi hotspots at Har ki Pauri, Haridwar and Dargah Sharif, Ajmer.
·         Announcement of Pan India Free Incoming Roaming Facility for MTNL Customers.

Department of Posts
·         Launch of Post-Terminals (Rural ICT - RICT) – handing over Post Terminals to rural Post Masters.

Department of Electronics and Information Technology
·         Launch of National Centre of Geo-Informatics
·         Launch of e-Payment Portal
·         Launch of Olabs for Schools
·         Launch of Information Security Education and Awareness (ISEA) Phase-II
·         All India BPO Promotion Scheme
·         North East Business Process Outsourcing Promotion Scheme
·         Transfer of Technology for “ICT Centre on Tactile Graphics” at IIT Delhi
·         Announcement of Setting up of NIC Data Centre at Bhubaneswar
* The detail on each of 23 new products / eservices is available at the Digital India Portal (

The awards for best performing States/Districts during the Digital India Week event (1st July – 7th July, 2015) were given to:
a.       State level – Chhattisgarh, Himachal Pradesh and Meghalaya.
b.      District level – 77 Districts across 29 States/UTs.


Govt. considering gratuity for NPS subscribers

Central Govt. is considering payment of gratuity for employees who joined Central Govt. service after 31.12.2003 and covered under National Pension System (Popularly known as New Pension Scheme). Till now they are not covered under the existing gratuity scheme. Only in exceptional cases like death in service, retirement on invalidation etc., provisional gratuity is being paid vide order dated 05.05.2009 as an additional benefit.
Minister of State for Finance, Mr Jayant Sinha informed in parliament that Govt. is considering the benefit of gratuity to extend for the NPS subscribers too. 
  Click here to view  the order

Saturday, 26 December 2015

Joint 24th Circle Conference of National Union of Postal Employees, Group-c and NUGDS

It is proposed, to conduct 24th Circle conference of National Union of postal employees Group-c at "AKHILA BARATHA BAKTHA MARKANDEYA PADMA SALEEYA ANNASATRAM, Tirupathi" from 14.2.2016 to 16.2.2016.
 It is also proposed to conduct  circle conference of National union of Grammena Dak Sewaks, AP Circle from 14.2.2016 to 15.2.2016 in the same venue.

" All Divisional and Branch Secretaries are requested to book traveling tickets in advance".

Rural post offices will soon get digitally connected

NEW DELHI: The communications and IT ministry is set to a launch a slew of schemes on December 28 that will seek to digitally connect rural post offices across the country and enable core banking facilities at 12,000 other post offices.

The ministry will also announce a programme to set up over 1,000 ATMs in three months for the convenience of post office savings bank customers.

Communications and IT minister Ravi Shankar Prasad will launch the schemes to mark the 'Good Governance Day'.

The ambitious project to digitise all transactions made by postmen in rural India will include equipping branch postmasters with solar powered, biometric hand-held devices.

It will be launched at three pilot circles in Uttar Pradesh, Bihar and Rajasthan. A senior government official told ET that the Good Governance Day will hence be a critical date for the government to measure its success in digitising governance and for setting new digitisation goals. The official said the government's attempt to mark the day on December 25 last year had become controversial and it was thus decided to shift it to December 28. "By March 2017, 1.30 lakh hand-held devices will be made available across rural branch offices. This instrument will revolutionise lives of people across villages," the official said.

Booking and delivery of Speed Post, registered mail, money orders, sale of stamps and postal stationary will be done through these devices and paper receipts will be generated instantaneously, the official said. "All financial transactions shall also be reconciled immediately and cash on delivery amount collected in the village will be immediately credited to the account of e-commerce company," the official said.

These devices will also facilitate biometric authentication of social security beneficiaries at the time of pay-out, "reducing leakage in the scheme", the official said.

The postal department has clocked revenue of Rs 980 crore in 2015 through cash on delivery and the figure is likely to cross Rs 1,500 crore by the end of the current financial year, the official said. The postal department has also set up 57 integrated state-ofthe-art parcel centres for booking, processing and delivery of ecommerce parcels.

The official said the postal department has this year offered more than 57,000 policies under the PM Suraksha Bima Yojana, PM Jeevan Jyoti Yojana and Atal Pension Yojana to post office savings bank account holders.


Admission of children of GDS in Central Schools

Seventh Pay Commission: Delay salary hikes, five states tell Centre

At least five fiscally-stressed states have asked the Centre to go slow on implementation of the Seventh Pay Commission’s recommendations, seeking extra time to be able to absorb similar pay hikes, government officials said.

States usually follow the Central Pay Commission’s recommendations, and, with some modifications, announce roughly similar salary hikes for state government employees.

“There are several states who have approached the Prime Minister’s Office, Cabinet Secretary and Niti Aayog, seeking more time in implementation of the Seventh Pay Commission’s report,” said a government official familiar with the matter.

The five states are West Bengal, Tamil Nadu, Punjab, Uttar Pradesh and Odisha. The suggested delay will give the states more time to equip themselves with resources to meet higher salary bills.

The Seventh Pay Commission, headed by Justice A K Mathur, submitted its report to the government last month, recommending 23.55 per cent overall hike in pay, allowances and pensions of government employees with effect from January 1, 2016. This means the Centre’s salary bill will increase by Rs 1,02,100 crore in 2016-17.

“Punjab’s finances are under stress and the burden of the Pay Commission’s recommendations will certainly have an impact… Our officials have informally taken up the matter with the Centre,” confirmed Punjab Finance Minister P S Dhindsa.

“Normally they (states) adopt the Centre’s recommendations. This is the normal procedure, but it certainly depends upon their (states’) financial health. Some of the states have not even implemented the Sixth Pay Commission’s recommendation,” Justice Mathur told The Indian Express.

“Some of the states may have suggested (delayed implementation) to the government, but I don’t think the Government of India is in a bad position,” he said.

When contacted, Odisha’s Additional Chief Secretary (Finance Department), R Balakrishnan said: “At this stage, we don’t want to comment on it.”

Despite repeated calls and emails, West Bengal Finance Minister Amit Mitra’s office did not comment on the report. In September, the West Bengal government set up its Pay Commission to suggest a salary revision plan. The state commission is expected to follow on the Seventh Pay Commission’s recommendations.

Uttar Pradesh Chief Secretary Alok Ranjan said the state was yet to assess the fiscal implication of the Seventh Pay Commission’s recommendations. The Indian Express could not reach the Tamil Nadu government.

While salary revisions are due in these five states, the states which follow a different wage revision cycle, such as Andhra Pradesh, will not be impacted by the Seventh Pay Commission’s report.

Andhra Pradesh Principal Secretary, Dr P V Ramesh, said the state had revised salaries with effect from April 1, 2015, and the next revision is due only in 2019. “We follow a five-year pay revision cycle, which is not linked with the central cycle. The Seventh Pay Commission, therefore, will not have an impact on us,” he said.

Meanwhile, the Union finance ministry has set up an implementation cell for processing and implementing accepted recommendations of the Seventh Pay Commission.

Source :

Impact Of 7th Pay Commission Only 25K Crore And Not 100K Crore

There are various reports in the media about the impact of the 7th PayCommission recommendations on the common man and the government resources at large, the reports suggest that amount of ₹one lakh crores of public money has been spent for implementation of the 7th Pay Commission recommendations for 35 lakhs central Government employees, Perhaps the strongest criticism of Pay Commission awards is that they play havoc with government finances and also state government demand support to implement the 7th Pay Commission recommendations. At the aggregate level, these concerns are somewhat exaggerated and which is totally wrong.

Let us examine the 7th Pay Commission report vide para no 3.65 and 3.66 and the website of Government of India Ministry of Finance Department of Expenditure Pay Research Unit for Brochure on Pay and Allowances of Central Government Civilian Employees visit website

The 7th Pay Commission report para number 3.65 and 3.66

3.65 The total expenditure on pay and allowances for civil personnel of Central Government in the recent years is brought out in Table 9.

Table 9: Expenditure on Pay and Allowances
As a percent of GDP1.041.421.661.381.331.30
The Commission has obtained details of expenditure from each Ministry/Department for up to FY 2012-13. Of the total expenditure on pay and allowances of Rs.1,29,599 crore for the financial year 2012-13.

3.66 The expenditure per capita on pay and allowances for Civil Central Government personnel for FY 2012-13 was Rs.3.92 lakh per annum i.e Rs.32666/- per month.

Add 35% DA for the period 1/4/2013 to 1/1/2016 average salary of Civil Central Government personnel as on 1/1/2016 at 125% DA which works around Rs.37500/- per month (Rs.4.50 lakhs per annum ) without 7th CPC recommendations . i.e., Rs.1.57,000 crores.

Add average 16% wage increase due to 7th Pay Commission which works out to Rs 43500/- per month (₹5.22 lakhs per annum) with 7th Pay Commission implementation .

Total Expenditure for 35 lakhs for Civil Central Government personnel for FY 2016-17 is around Rs.1,83,000 crores In respect of pensions expenditure for 55 lakhs pensioners amount is around Rs.81,000/ crores as on 1/1/2016. which is against the revenue receipts of Rs.19 lakh crores. The percentage of revenue receipt and wages is just around 13% of the total revenue is spent on the wages and pension for the Central Government personnel. In fact it is just at 1.3% of the GDP.

This clearly shows that that the increase in impact for the government of India finances is just additional Rs.25,000/- crores not additional Rs.1,00,000/- crores as per the media reports.

The 7th Pay Commission recommendations’ impact need not give jitters to the government because the rise in government wages will amount to only 0.4 per cent of GDP.

One more aspect is that technically, the recommendations of a Central Pay Commission are only for Central Government employees and States are not bound to follow suit. Indeed, up to the 1980s, States constituted their own Pay Commissions and prescribed their own pay scales, based upon their fiscal capacity.
Let us not be carried over by the media or press reports, hence we should educate each and every employee for struggle and so that a decent wage hike is achieved.

Merry Christmas

Wednesday, 23 December 2015

Bonus calculation ceiling revised from April 2014 – Arrears of bonus likely!

LS passes Bonus Bill; benefits to accrue from April 2014

The Lok Sabha on Tuesday passed a bill allowing doubling of wage ceiling for calculating bonus to Rs 7,000 per month for factory workers with establishments with 20 or more workers, with the benefits being applicable retrospectively from April 2014.

The Payment of Bonus (Amendment) Bill, 2015, was passed by a voice vote, with some members objecting to the raising of eligibility limit for payment of bonus from a salary of Rs 10,000 per month to Rs 21,000.

Replying to a debate on the legislation, Labour Minister Bandaru Dattatreya said the Government has ensured that the interest of workers are protected and there is no infringement on their justifys.

“Because of Bihar Elections this bill got delayed… The Prime Minister spoke to me and asked why should the benefits of this Act should accrue to workers from 2015. It should be made available from the April 2014,” he said while moving an official amendment to the Bill.

The official amendment provides that the benefits of the Act would be deemed to have come into force on April 1, 2014, instead of April 1, 2015.

Dattatreya said the Ministry has held 21 tripartite meetings with all central trade unions while arriving at a decision.

The Bill provides for enhancing monthly bonus calculation ceiling to Rs 7,000 per month from the existing Rs 3,500.

It also seeks to enhance the eligibility limit for payment of bonus from Rs 10,000 per month to Rs 21,000 per month.

“The Government’s paramount intention is to safeguard the interest of workers… There is no infringement of workers’ justifys and whatever the government does will be in the interest of workers,” Dattatreya said.

After the bill was passed, Deputy Speaker M Thambidurai, who was in the Chair, said the government should be congratulated for bringing the measure as also for effecting the benefits retrospectively.

Source: DDI News

The Lok Sabha has approved amendments to the Payment of Bonus Act that seeks to make more workers eligible for bonus by raising the monthly pay eligibility limit of employees to Rs 21,000 from Rs 10,000.

Monday, 21 December 2015

Scheme for engagement of a dependent of deceased GDS on compassionate grounds - Review of existing point based system of assessing indigence

Click here to view Postal Directorate letter no 17-17/2010-GDS dated 17.12.2015 on the above subject matter.
It is a good order for GDS members and more than 90% cases can get compassionate appointment.  Minimum points cealing  redused from 51  to  36.   

Scheme for engagement of a dependent of deceased casual labourer engaged on or before 01.09.1993 on compassionate grounds to Gramin Dak Sevak Post

Scheme for engagement of a dependent of deceased casual labourer engaged on or before 01.09.1993 on compassionate grounds to Gramin Dak Sevak Post

Click Here

Strengthening establishment of Single Handed Branch Post Offices

CLICK HERE to view original order///  according to this all single handed BPM will get additional GDS agent for delivery/Conveyance by redeploying surplus posts in the circle/other circle...

Grant-in-aid for the provision of amenities or recreational or welfare facilities to the staff of the Central Govt.- regarding

Thursday, 17 December 2015

Dopt Minister Clarifies on Retirement Age 58 or 33 Years of Service

     In Lok Sabha today(16.12.2015), the Dopt Minister Shri Jitendra Singh said that there is no proposal to reduce the retirement age to 58 years of age or 33 years of service for Central Government employees.

In a written reply for the question regarding the retirement age of Central Government employees in Parliament today (16.12.2015), the concerend Minster of State for Personnel Jitendra Singh said that the there is no such proposal to reduce the retirement age with the connection of 33 years of service.

Special Campaign under Swachh Bharat Mission from 18th to 27th December, 2015

No. 18-41/2014-Bldg
Government of India
Ministry of Communications and Information Technology
Department of Posts
(Estates Division)
Dated: 17th December, 2015

            All Heads of Circles

Sub:     Special Campaign under Swachh Bharat Mission from 18th to 27th December, 2015.

Respected Sir/ Madam,
As you are aware, Government attaches great importance to the need for improving cleanliness including in the Government offices. Under Swachh Bharat Mission, Circles and field units have been undertaking Action Plan for furthering the cause of cleanliness. Futher, special focus needs to be given to the regular cleaning and proper upkeep of office premises, review and weeding of records and disposal of obsolete and unused items as well as repair, paining and sprucing of the street letter box and Post Office signage etc.  Digitization of records and documents would also ensure tidy workspaces.

             Now Government of India had decided to observe a Special Campaign in all Ministries/Departments from 18th to 27th December, 2015.  Accordingly, a day to day Action Plan for the said Special Campaign is enclosed compliance.

            The undersigned is directed to request you to forward Action Taken Report (attached) from time to time as mentioned therein as per the enclosed format including through email( You are also requested to forward some good photographs of before and after action taken for uploading in social media and website.      
Yours faithfully,

 (K.R. Sharma)

 Director(E & MM)

Bureaucratic reshuffle in 7th Central Pay Commission's implementation cell

Senior IAS officer R K Chaturvedi has been appointed as Joint Secretary in seventh Central Pay Commission's implementation cell as part of mid-level bureaucratic reshuffle effected today by the government. 

As many as five new Joint Secretaries, three non-IAS officers, have been appointed to different Central government ministries. 

Chaturvedi, a 1987 batch IAS officer of Madhya Pradesh cadre, has been appointed to the post under Department of Expenditure. He is presently working as Resident Commissioner in Madhya Pradesh Bhawan here. 

Chaturvedi will hold the charge for five years, an order issued by Department of Personnel and Training said. 

IPS officer Praveen Vashista has been appointed as Joint Secretary in Home Ministry. The order of Vashista, a 1991 batch IPS officer of Bihar cadre, regarding his appointment as JS in Mines Ministry has been cancelled, it said. 

Subhash Chandra, a 1988 batch Indian Forest Service officer, will be new JS in the Mines Ministry. 

Meera Swarup, an Indian Audit and Account Service officer, has been appointed JS and Financial Adviser in Department of Expenditure. 

Senior IAS officer Deepti Umashankar, Joint Secretary in Cabinet Secretariat, has been moved to a newly created JS-level post within the same office, the order said without mentioning the further details of the post.

Difference between national pension system (NPS) and Atal pension Yojana (APY)

Recently Central Government launched one more pension scheme called Atal Pension Yojana. The differences between existing National Pension System  (NPS) and Atal Pension Yojana (APY) are as follows.


1) Age of joining–

The age for joining the National Pension System  (NPS) is 18-60 years. Whereas for Atal Pension Yojana (APY) the age eligibility is 18-40 years.

2) Who can join?

All Indian citizens can join NPS (whether they are resident or non-resident). Whereas for APY only Resident Indians are allowed to join.

3) Pension Slabs–

In case of NPS, there is no such standard pension slab. However, in APY the pension slabs are fixed like Rs 1,000/-, 2,000/-, 3,000/-, 4,000 and 5,000/- per month.

4) Types of Accounts–

In case of NPS, you have two types of accounts. One is Tier I and Tier II. Whereas, in case of APY there is no such differentiation.

5) Minimum and Maximum Contributions–

In case of NPS

For Tier I

You must contribute a minimum of Rs. 6,000 per annum. The minimum of Rs. 500 per contribution is required. In addition, you must contribute minimum 4 contributions per year. There is no maximum limit.

For Tier II

You have to contribute the minimum of Rs. 1,000 contribution at a time of account opening.

Subsequently, you have to contribute a minimum of Rs. 250 per subsequent contributions. Minimum Balance of Rs. 2,000 be maintained at the end of Financial Year (April-March). There is no maximum limit.

In case of APY

In case of APY, the minimum and range depends on the age. For example, the minimum monthly contribution for 18 years of age person is Rs.42 to get Rs.1,000 monthly pension. At the same time, the minimum monthly contribution for 40 years age person is Rs.291.

There is no upper limit of investment set for both NPS Tier I and Tier II Account. However, in case of APY, the maximum limit for 18 years of age is 210 to get a monthly pension of Rs.5, 000. At the same time, the maximum monthly contribution for 40 years of age person is Rs.1, 454.

6) Premature Withdrawal–

For NPS–

Tier I
  • You can withdraw at age 60, 40% of accumulated amount be used to buy annuities from an IRDA approved insurance company, A phased withdrawal is also allowed, but the lump sum balance should be withdrawn before the age of 70 years.
  • To exit before 60 years age, only 20% of the lump sum to be cash withdrawal, 80% to be used to buy annuities from an IRDA approved insurance company.
  • On death before the age of 60, the nominee receives a lump sum.
Tier II

There is no restriction and you can withdraw it at any point of time.
For APY–
  • Once you attain the age of 60 years, then you have no option but to utilize 100% of the accumulated amount for a pension. No partial withdrawal is permitted.
  • You cannot withdraw in APY. Withdrawal is available only in case death or terminal diseases.
7) Choice of investment–

In case of NPS, you have primarily two choices. One is Auto Choice where the asset allocation among equity, Corporate Bonds, and Government Bonds are adjusted automatically based on age of a subscriber. Another is Active Choice, where you select your asset allocation (subject to the maximum of 50% in equity). In addition, you have a freedom to choose fund managers to manage your money.

In case of APY, there are no such options.

8) Tax Benefit–

While Investing–
The tax benefit in NPS will be available only in case of Tier I account, but not for Tier II account.

Employer contribution to the NPS on behalf of an employee will get a deduction from his income (i.e. employer’s income) an amount equivalent to the amount contributed or 10% of BASIC SALARY + DA of the employee, whichever is less. (Section 36 (1) (iv a) of the Income Tax Act 1961).

Employer’s contribution to NPS on behalf of the employee is treated as perquisite in the hands of the employees. However, it is deductible u/s 80CCD (2) of the IT Act, 1961 to the extent of 10% of basic salary. This deduction is over and above the limit of Rs.1.5 lac u/s 80 CCD (1). This will lessen the tax burden of the employee to the extent of amount deductible u/s80CCD (2) of the IT Act, 1961.
Contribution by an individual employee is eligible for a deduction from Income under Section 80CCD (1) of the IT Act 1961 up to Rs 1.5 Lakhs. However, investments under Section 80C Section 80CCC and 80CCD(1) should not exceed Rs.1.5 lakhs per assessment year to claim the deduction.

An additional tax benefit of Rs.50,000/- under section 80CCD (1B) per year (applicable from FY 2015-16/AY 2016-17) for NPS investments.

There are no such tax benefits of investing in APY.
While receiving pension–

Both NPS and APY pension is treated as taxable income under the head of a salary.

9) Where to open an Account?

In case of NPS, you have to open the account by visiting the nearest Point of Presence (POP) branch to open the account. This account could also be opened online through CAMS online, India Post etc.

In case of APY, you have to approach the bank/Post Office where your savings bank account is held.

10) Nomination facility-

In case of NPS, the nomination is not mandatory. However, you can nominate a maximum of 3 members. The total sum sharing of all these nominees must be equal to 100%.
In case of APY, the nomination is mandatory. You have to provide nominee details while opening the account.

11) How much return you can expect?

In case of NPS, returns are not guaranteed. It depends on the performance of the fund. Whereas, in case of APY, returns not disclosed. But set the fixed monthly pension.

12) Government contribution–

In case of NPS, the Central Government and State Government employee’s contribution are fixed at 10% of the Basic and Dearness Allowance (DA) per month which is matched by an employer contribution of the same amount. For the rest of the people, there is no Government contribution.
In APY, the Government will also contribute 50% of the total contribution or Rs. 1,000/- per annum, whichever is lower, to the eligible APY account holders who join the scheme during the period 1st June, 2015 to 31st December, 2015. The Government contribution will be for 5 years from FY 2015-16 to 2019-20. This contribution to APY will not be applicable to those members who are-
  • Income Tax Payers.
  • Employees’ Provident Fund & Miscellaneous Provision Act, 1952.
  • The Coal Mines Provident Fund and Miscellaneous Provision Act, 1948.
  • Assam Tea PlantationProvident Fund and Miscellaneous Provision, 1955.
  • Seamens’ Provident Fund Act, 1966.
  • Jammu Kashmir Employees’ Provident Fund & Miscellaneous Provision Act, 1961.
  • Any other statutory social security scheme.
13) Who manages?

NPS is managed by PFRDA. The APY scheme is administered by the PFRDA/Government.
14) Permanent Account Number–
In case of NPS, you will get the unique Permanent Retirement Number (PRAN). By quoting this PRAN, you can operate NPS sitting across India. There is no such facility in APY.

15) How many accounts, one can open?

For both NPS and APY an individual can open only ONE account.

Courtesy :