Trade & Commerce Archives - iStampGallery https://istamp-gallery.escalierssolution.com/category/trade-commerce/ Buy postage stamps online Sat, 10 Jan 2026 15:58:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://istamp-gallery.escalierssolution.com/wp-content/uploads/2023/05/logo_isg1.png Trade & Commerce Archives - iStampGallery https://istamp-gallery.escalierssolution.com/category/trade-commerce/ 32 32 New Mangalore Port https://istamp-gallery.escalierssolution.com/new-mangalore-port/ https://istamp-gallery.escalierssolution.com/new-mangalore-port/#respond Wed, 15 Oct 2025 15:18:31 +0000 https://istamp-gallery.escalierssolution.com/?p=40408 A commemorative postage stamp on the 50th Anniversary of New Mangalore Port Authority (NMPA), known as Gateway of Karnataka : Issued by India Issued on Oct 15, 2025 Issued for : India Post proudly commemorates the New Mangalore Port Authority’s remarkable 50-year journey with a special commemorative stamp. This philatelic tribute honours NMPA’s pivotal role in driving trade, […]

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A commemorative postage stamp on the 50th Anniversary of New Mangalore Port Authority (NMPA), known as Gateway of Karnataka :

NMPA : Gateway of KarnatakaIssued by India

Issued on Oct 15, 2025

Issued for : India Post proudly commemorates the New Mangalore Port Authority’s remarkable 50-year journey with a special commemorative stamp. This philatelic tribute honours NMPA’s pivotal role in driving trade, logistics, and economic growth, while also highlighting its commitment to sustainability and cutting-edge technology. More than just a stamp, it stands as a symbol of India’s maritime strength, infrastructure progress, and global connectivity.

Credits :
Stamp/FDC/Brochure/Cancellation Cachet : Ms. Nenu Gupta

Type : Stamp, Mint Condition

Colour : Multi Colour

Denomination : 500 Paise

Stamps Printed : 303550

Printing Process : Wet Offset

Printer : Security Printing Press, Hyderabad

About : 

  • New Mangalore Port, also known as the Gateway of Karnataka, is the only Major Port of Karnataka. The Old Port (Bunder) in Mangalore, situated at the confluence of the Gurupura and Netravati rivers, faced limitations in accommodating the growing demands of sea trade. Consequently, the need for a new port arose. Post-independence under the visionary leadership of Late U. Srinivas Mallya, former MP of the region, the New Mangalore Port was conceived. The Mangalore Harbour Project was established in 1962, with construction beginning in 1968. The port was officially inaugurated on January 11, 1975.
  • Over the years, the Port has grown from handling less than a lakh tonne of traffic in 1974-75 to more than 45.71 MMT handled during FY 2023-24. The major commodities handled through the Port include POL products, coffee, iron ore pellets, cement, coal, fertiliser, edible oil, liquid chemicals and containerised cargo. The Port provides all necessary facilities for handling the cargo of mega industries in the hinterland, such as MRPL, KIOCL, TOTAL GAS, MCF, HPCL, IOC, and UPCL.
  • As part of Maritime India Vision (MIV) 2030 and Maritime Amrit Kaal Vision (MAKV) 2047, NMPA has envisaged development projects such as deepening of the channel to 18 metres, development of an LNG terminal, additional storage sheds, and an outer harbour. New Mangalore Port Authority currently has an installed capacity of 105 MMT and is in the process of expanding it through projects such as the additional deep draft general cargo berth (Berth No. 17) and the refurbishment of Berth No. 9.
  • NMPA is an ISO 9001, 14001, 45001 & ISPS-compliant, 100% solar-powered, clean, green, lean port run entirely on solar energy. It is also the recipient of the Greentech Environment Award in the gold category in the Port sector for seven consecutive years.
  • NMPA has been at the forefront of adopting the latest port operation technologies, including RFID-based entry/exit, e-documentation, e-kart ticketing systems, robotic firefighting systems, and automated weighbridges. These initiatives have contributed to operational efficiencies such as the lowest Turnaround Time (TRT) for break bulk vessels and container vessel TRT, surpassing the World Bank benchmark.
  • In 2024-25, NMPA was adjudged the second-best container handling port in the <0.5 M TEU category by the Ministry of Ports, Shipping and Waterways, a testament to its operational excellence. The Port is also a popular destination for cruise tourists.
  • NMPA reaffirms its commitment to fostering global trade, enhancing logistics efficiency, and driving economic growth for the region and the nation. Strategically positioned with world-class infrastructure and progressive policies, NMPA continues to expand its capabilities in container, bulk, and liquid cargo handling, ensuring seamless logistics and global connectivity.
  • NMPA celebrates 50 years of service to the nation in 2025. Various projects and programmes are being planned to mark this occasion, including the inauguration of a multi-speciality hospital on a PPP mode, new gates, four-lane roads, and the release of a commemorative stamp, commemorative coin, coffee table book, and exhibition.
  • Text : Based on information received from the proponent.

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Shyama Prasad Mukherjee 2025 https://istamp-gallery.escalierssolution.com/shyama-prasad-mukherjee-2025/ https://istamp-gallery.escalierssolution.com/shyama-prasad-mukherjee-2025/#respond Wed, 09 Jul 2025 17:19:09 +0000 https://istamp-gallery.escalierssolution.com/?p=39520 A commemorative postage stamp on the 125th Birth Anniversary of Syama Prasad Mukherjee, founder of Bharatiya Jana Sangh : Issued by India Issued on Jul 9, 2025 Issued for : The Department of Posts is proud to release a commemorative postage stamp on 125th Birth Anniversary of Syama Prasad Mookerjee, a visionary leader, educationist, and nationalist whose ideals […]

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A commemorative postage stamp on the 125th Birth Anniversary of Syama Prasad Mukherjee, founder of Bharatiya Jana Sangh :

Dr. Shyama Prasad MookerjeeIssued by India

Issued on Jul 9, 2025

Issued for : The Department of Posts is proud to release a commemorative postage stamp on 125th Birth Anniversary of Syama Prasad Mookerjee, a visionary leader, educationist, and nationalist whose ideals continue to guide and influence India’s journey. This stamp is a tribute to his lasting contributions to India’s political and educational landscape, his commitment to national unity, and his belief in inclusive development rooted in Indian values.

Credits :
Stamp/FDC/Brochure/Cancellation Cachet : Smt. Nenu Gupta

Type : Stamp, Mint Condition

Colour : Multi Colour

Denomination : 500 Paise

Stamps Printed : 202800

Printing Process : Wet Offset

Printer : Security Printing Press, Hyderabad

Name : Shyama Prasad Mukherjee

Born on 6 Jul, 1901 at Kolkata, West Bengal, India

Died on 23 Jun, 1953 at Srinagar, Jammu and Kashmir, India

About : 

  • Syama Prasad Mookerjee was born on 6 July 1901 in Calcutta (now Kolkata) into a distinguished Bengali family. His father, Sir Ashutosh Mookerjee, was a renowned educationist and the Vice-Chancellor of the University of Calcutta. Syama Prasad Mookerjee was academically gifted and completed his education at the prestigious Presidency College, Calcutta. He studied law at the University of Calcutta and, in 1926, joined Lincoln’s Inn in London, becoming a member of the English Bar in 1927.
  • As a young student, Syama Prasad Mookerjee was inspired by the growing freedom movement led by leaders like Mahatma Gandhi, which motivated him to dedicate himself to India’s independence. In the 1920s, he joined the Indian National Congress and became an active member of its youth wing. However, his vision for India, especially regarding the role of princely states and the structure of the Indian Union, was distinct. From 1943 to 1946, he served as the President of the All India Hindu Mahasabha. Syama Prasad Mookerjee was elected to the Constituent Assembly from West Bengal. He actively participated in debates on minority rights, regional languages, and other key issues.
  • On 21 October 1951, Syama Prasad Mookerjee founded the Bharatiya Jana Sangh in Delhi. He strongly opposed the special status granted to Jammu and Kashmir under Article 370 and advocated its abrogation. During a visit to Jammu in August 1952, addressing a massive gathering, he famously said, “I will either get you the Indian Constitution or sacrifice my life for it.” His slogan “One Nation, One Constitution,” reflected his belief in equal rights for all Indian citizens, regardless of their state. Syama Prasad Mookerjee maintained a strong connection with South India through his contributions to the fields of education, industry, and linguistic inclusivity. He served as the Vice-Chancellor of the University of Calcutta from 1934 to 1938 and was a member of the Council of the Indian Institute of Science (IISc), Bengaluru, in 1935. As an educationist, he emphasised the importance of learning one’s mother tongue while appreciating other languages. He advocated for the inclusion of regional languages like Tamil and Telugu in university curricula.
  • As a Minister for Industry and Supply, he worked to support small-scale industries, including taking concrete steps to aid handmade matchstick producers in Tamil Nadu – such as tax relief and ensuring access to raw materials and transport. He also encouraged the Madras Government to organise these workers into cooperatives for long-term sustainability. These interventions highlight his commitment to inclusive national development and his engagement with concerns of the southern states. Integral Humanism, later shaped by Pandit Deendayal Upadhyaya, advocated a development model based on India’s cultural and civilisational values – balancing material progress with spiritual and cultural well-being. While the term became popular after Syama Prasad Mookerjee’s time, his ideas and speeches reflected this philosophy. He consistently emphasised that India’s progress should not blindly imitate the West but be rooted in its own cultural and moral foundations. Speaking at the 1936 convocation of Nagpur University, he stated:Generally speaking, an Indian university must regard itself as one of the living organs of national reconstruction. It must discover the best means of blending together both the spiritual and the material aspects of life.
  • Antyodaya, or the upliftment of the last person in society, was central to the social vision of leaders like Mahatma Gandhi and later Pandit Deendayal Upadhyaya. While Syama Prasad Mookerjee did not use the term directly, his political and educational work emphasised justice, equality, and inclusion, particularly for the underprivileged. At the 1940 convocation of Agra University, he clearly articulated this thought:Political and social justice requires, not the disintegration of a country and destruction or humiliation of a class which shows initiative, intelligence and drive, but equality of opportunity for all, genuine freedom for self-fulfilment, in which all men irrespective of caste or creed may share.Syama Prasad Mookerjee’s luminous journey came to an untimely end on 23 June 1953, marking a solemn moment in India’s history.
  • Text : Referenced from content provided by Proponent.

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International Year of Cooperatives https://istamp-gallery.escalierssolution.com/international-year-of-cooperatives/ https://istamp-gallery.escalierssolution.com/international-year-of-cooperatives/#respond Mon, 25 Nov 2024 18:44:27 +0000 https://istamp-gallery.escalierssolution.com/?p=38552 A commemorative postage stamp on the ICA (International Cooperative Alliance) General Assembly and Global Conference, New Delhi, organized by IFFCO (Indian Farmers Fertiliser Cooperative) : Issued by India Issued on Nov 25, 2024 Design : The stamp symbolizes the global impact of the cooperative movement, highlighting its values of mutual benefit, shared ownership, and community resilience. […]

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A commemorative postage stamp on the ICA (International Cooperative Alliance) General Assembly and Global Conference, New Delhi, organized by IFFCO (Indian Farmers Fertiliser Cooperative) :

UN International Year of Cooperatives 2025Issued by India

Issued on Nov 25, 2024

Design : The stamp symbolizes the global impact of the cooperative movement, highlighting its values of mutual benefit, shared ownership, and community resilience. The stamp serves as a tribute to the cooperative model’s enduring contribution to building more equitable and sustainable societies worldwide, marking a significant milestone in the history of international cooperation and India’s leadership in the global cooperative sector.

Credits :
Stamp
/FDC/Brochure/
Cancellation Cachet : Mr. Sankha Samanta

Type : Stamp, Mint Condition

Colour : Multi Colour

Denomination : 500 Paise

Stamps Printed : 302800

Printing Process : Wet Offset

Printer : Security Printing Press, Hyderabad

About : 

  • IFFCO, a proactive member of the International Cooperative Alliance (ICA), is proud to host the ICA General Assembly and Global Conference in New Delhi, India, from November 25-29, 2024. This landmark event holds great historical significance as it marks the first time in 130 years that the ICA General Assembly will be held in India. The conference will bring together over 1,500 distinguished guests from approximately 100 countries at the International Exhibition-cum-Convention Centre (IECC), also known as Bharat Mandapam, at Pragati Maidan in New Delhi. The official inauguration on November 25, 2024, will be under the esteemed patronage of the Hon’ble Prime Minister and Hon’ble Minister of Home and Cooperation, with the event concluding on November 29, 2024, with the ICA General Assembly. Several high-profile dignitaries, including government officials, global leaders, and members of the ICA, will participate, reflecting the international importance of the cooperative movement.
  • The conference will feature a diverse range of activities, including speeches and panel discussions from leaders of international and Indian cooperatives, workshops focusing on youth involvement in cooperatives, and an exhibition showcasing products from Indian and international cooperatives in a unique “Haat” setup reflecting the theme of Indian villages. To ensure environmental sustainability, the event will be carbon neutral and paperless wherever possible, with an ambitious initiative to plant 10,000 Peepal trees to offset the event’s carbon footprint.
  • The event will also mark the official launch of the UN International Year of Cooperatives 2025 (UN-IYC 2025), a global initiative that will highlight the significant role cooperatives play in sustainable development, social inclusion, and economic growth. This year-long celebration will emphasize how cooperatives contribute to building more equitable economies, promoting democratic participation, and addressing global challenges like poverty and climate change. By showcasing the cooperative model, UN-IYC 2025 will inspire governments, civil society, and the global community to work together towards a more inclusive and sustainable future.
  • A key highlight of the event will be the launch of a commemorative postage stamp dedicated to the UN International Year of Cooperatives 2025. This stamp will symbolize the enduring impact of cooperatives on global development and their role in shaping societies worldwide. The design of the stamp incorporates symbols of both tradition and modernity, featuring a drone to represent cutting-edge agricultural technologies, traditional farming imagery to honor the roots of the cooperative movement. The stamp will serve as a lasting tribute to the cooperative movement and its contributions to global prosperity.
  • The launch of this commemorative stamp, supported by the Ministry of Cooperation, underscores the importance of cooperatives in India’s socio-economic framework. The Ministry’s involvement highlights its critical role in promoting cooperative societies and supporting their growth at the national and international levels. The stamp will also reflect India’s leadership in the global cooperative movement and its commitment to advancing sustainable development through cooperative principles.
  • This momentous occasion will leave a lasting legacy for future generations and will further elevate the cooperative movement’s profile worldwide. Through the ICA General Assembly and the commemorative stamp launch, IFFCO, ICA, and the Government of India aim to inspire cooperative leaders and members globally to continue advancing cooperative principles of unity, cooperation, and shared progress.
  • Text : Referenced from content provided by the proponent.

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All India Railwaymen’s Federation https://istamp-gallery.escalierssolution.com/all-india-railwaymens-federation/ https://istamp-gallery.escalierssolution.com/all-india-railwaymens-federation/#respond Tue, 27 Feb 2024 17:51:33 +0000 https://istamp-gallery.escalierssolution.com/?p=38375 A commemorative postage stamp on Centenary Year of All India Railwaymen’s Federation (AIRF), the largest Trade Union of Indian Railways : Issued by India Issued on Feb 27, 2024 Issued for : AIRF is completing 100 years of its formation on 24.04.2024, and its General Council has decided to celebrate the Centenary Year in a befitting manner at […]

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A commemorative postage stamp on Centenary Year of All India Railwaymen’s Federation (AIRF), the largest Trade Union of Indian Railways :

AIRFIssued by India

Issued on Feb 27, 2024

Issued for : AIRF is completing 100 years of its formation on 24.04.2024, and its General Council has decided to celebrate the Centenary Year in a befitting manner at New Delhi. The Department of Posts is delighted to issue a Commemorative Postage Stamp on Centenary Year All India Railwaymen’s Federation.

Credits :
Stamp
/FDC/Brochure/
Cancellation Cachet : Smt. Nenu Gupta

Type : Stamp, Mint Condition

Colour : Multi Colour

Denomination : 500 Paise

Stamps Printed : 304100

Printing Process : Wet Offset

Printer : Security Printing Press, Hyderabad

About : 

  • Soon after the evolution of the Trade Union Movement in the world, several small unions started coming up in the Indian Railways during the British Regime. The basic reason behind formation of such unions was serious racial discrimination being meted out to the Indian Railway Workers by the Britishers in respect of pay-scales and other service conditions as Indian Workers were being granted lower pay-scales than the pay scales for the Europeans and Anglo-Indians for doing the same work.
  • It was, therefore, felt necessary by the National leaders that, a National Trade Union Centre needs to be established to coordinate with different Railway Unions in the Indian Railways, which was in different shape during the British Era. Consequent upon this, the process of formation of an All India Body of the Railwaymen started from the year 1922, and finally “All India Railwaymen’s Federation” was established on 24.04.1924 as a National Centre of the Railway Unions functioning in different Railways in India.
  • Railways being a strategic industry, it was very important for the freedom struggle to involve the Railwaymen in the agitations against the British Imperialism. Owing to several agitations and struggles by the Indian Railwaymen under the umbrella of AIRF, Railway Board started negotiations with AIRF from the year 1928, and half-yearly meetings were held between AIRF and Railway Board, which was then headed by the Chief Commissioner of Railways. As a result of these negotiations, there had been several achievements to the credit of AIRF and its affiliated unions to improve service conditions of the Railwaymen.
  • During the Second World War, the inflation highly eroded real wages of the workers, as such AIRF agitated this issue, and consequently Dearness Allowance was introduced and paid to the employees for the first time.
  • AIRF was bitterly opposed to racial discrimination by the Britishers and opposed the lower pay-scales being granted to the Indian Workers than the pay-scales of the Europeans and Anglo-Indians for doing the same job. It was the outcome of AIRF’s strong agitations and opposition that the First Pay Commission was formed by the British Government in the year 1946, which submitted its report in May 1947 and removed the said discrimination between the pay-scales of the Indian Workers and Anglo-Indians.
  • AIRF was led by various Veteran National Leaders, like Late Shri Rai Sahib Chandrika Prasad as President AIRF (from 17.02.1925 to 18.12.1928), Late Shri Mukund Lal Sarkar as General Secretary AIRF (from 16.02.1925 to 25.11.1927), Late Shri V.V. Giri as General Secretary AIRF (from 26.11.1927 to 04.07.1937) and also as President AIRF (from 25.11.1944 to 05.05.1946), Lok Nayak Jayaprakash Narain as President AIRF (from 07.06.1947 to 27.06.1953), Late Shri Priya Gupta as General Secretary AIRF (from 23.08.1968 to 29.05.1975) and also as President AIRF (from 07.07.1976 to 12.08.1979), Late Shri George Fernandes as President AIRF (from 20.10.1973 to 06.07.1976), Late Shri J.P. Chaubey as General Secretary AIRF (from 30.05.1975 to 03.09.2008), Late Shri Umraomal Purohit as President AIRF (from 31.08.1980 to 27.02.2014). Until 1947 AIRF was able to unify the entire Railway Trade Union Movement into one union on each Railway and one Federation for whole of the Indian Railways. It was after 1947 that the Congress Party floated its own Central Trade Union – Indian National Trade Union Congress and formed its Federation in the Indian Railways in the name of National Federation of Indian Railwaymen in the year 1948.
  • During post-Independence era also, AIRF, being the largest organization of the Indian Railways, continued its sustained struggle for socio-economic upliftment of the Railwaymen by way of improvement in the Wages, Perks Allowance and Promotional Prospects etc., thereby improving service conditions of various categories of workers.
  • AIRF has spearheaded three National Strikes of 1960, 1968 and 1974 (earlier two strikes – 1960 and 1968 of the Central Government Employees, and 1974 of the Railwaymen). Fortunately, all the three strikes were supported by the Great Statesman – Late Shri Atal Bihari Bajpayee. 1974 strike, headed by Shri George Fernandes, brought down the mighty Government of that time. So, AIRF has a history of struggles.
  • The First Railway Workers Classification Tribunal was formed by the Ministry of Railways in the year 1979, that paved the way for upgradation of various categories of Technical Staff in Indian Railways from Unskilled to Semi-Skilled and Semi-Skilled to Skilled Workers. Subsequently, Cadre Restructuring Committees were formed in the years 1984, 1993, 2003 and 2013. These Cadre Restructuring Committees resulted in improvement in promotional avenues for almost all the categories of the Railwaymen, and AIRF has all along been a Member of these Cadre Restructuring Committees.
  • For improvement in Minimum Wage and Pay-Scales and also to secure Minimum Wage, as per 15th ILO Convention, Successive Pay Commissions were also formed by the Government, on the demand of AIRF, in the years 1946, 1957, 1970, 1983, 1994, 2006 and 2016.
  • Text : Referenced from content provided by Proponent.

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Indian Origin Tamils in Sri Lanka https://istamp-gallery.escalierssolution.com/indian-origin-tamils-in-sri-lanka/ https://istamp-gallery.escalierssolution.com/indian-origin-tamils-in-sri-lanka/#respond Sat, 30 Dec 2023 06:52:45 +0000 https://istamp-gallery.escalierssolution.com/?p=38311 A commemorative postage stamp on the 200 years of Indian Origin Tamils (IOT) in Sri Lanka : Issued by India Issued on Dec 30, 2023 Issued for : Department of Posts is proud to issue a Commemorative Postage Stamp on 200 Years of Indian Origin Tamils in Sri Lanka, recognising the hardships faced by the Indian Origin Tamils […]

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A commemorative postage stamp on the 200 years of Indian Origin Tamils (IOT) in Sri Lanka :

Indian Tamils of Sri LankaIssued by India

Issued on Dec 30, 2023

Issued for : Department of Posts is proud to issue a Commemorative Postage Stamp on 200 Years of Indian Origin Tamils in Sri Lanka, recognising the hardships faced by the Indian Origin Tamils and valuing their contribution to the economic development of Sri Lanka.

Credits :
Stamp/
FDC/Brochure/
Cancellation Cachet : Smt Nenu Gupta

Type : Stamp, Mint Condition

Colour : Multi Colour

Denomination : 500 Paise

Stamps Printed : 301850

Printing Process : Wet Offset

Printer : Security Printing Press, Hyderabad

About : 

  • Indian Origin Tamils (IOT) of Sri Lanka are Tamil people of Indian origin, also known as Malayaga Tamilar, who predominantly descend from workers sent from Tamil Nadu to Sri Lanka in the 19th & 20th centuries to work in coffee, tea and rubber plantations. They are instrumental in the development of the plantation sector. These Tamil-speaking people mostly live in the central highlands, also known as the Malayagam or Hill country.
  • The first group of Indian Origin Tamils (IOT) arrived in Sri Lanka, then called Ceylon, in 1823 as labourers to work in coffee and then tea, rubber, and cocoa plantations in the hilly regions of Sri Lanka. Later in the 1900s, substantial numbers of Tamils from India also came to settle in Ceylon as financial entrepreneurs and grocers. They were the trading community of IOT, which was not part of the plantation economy and who had come to Ceylon since then. After the British takeover of the administration of Sri Lanka (then known as Ceylon) in the early 19th Century, they involved themselves in various activities, including economic enterprises such as plantation and agriculture.
  • The Indian Origin Tamils were put through immense hardship during the British rule in India and Sri Lanka. During the 1830s, Indian Origin Tamils working in coffee estates were not provided with wages. Instead, they were asked to trade coffee beans gathered by them for commodities from shops. Only after 100 years of immigration to Sri Lanka did the Indian Origin Tamils’ hardships become known to the international community.
  • The Indian Tamils in Sri Lanka were enumerated as a separate ethnic group for the first time in the census of 1911 when the people of this community became the second-largest ethnic group in Sri Lanka. The government considered them a separate group and named them “Indian Tamils” in the official census from that year onwards. For various administrative and political purposes, the government officially identified the community as “Indian Tamils”.
  • In the 1940s, the trade union movement had galvanised the plantation workers into a militant working class. They joined hands with the Lanka Sama Samaja (or Socialist) Party (LSSP), which carried the message of a working-class struggle for liberation from exploitation by mostly British plantation companies. The Ceylon Citizenship Act of 1948 made the IOT community stateless.
  • As they had no means of electing anyone to the Parliament, they ceased to be a concern to the Sri Lankan Parliament. The plantation workers were thus forgotten from 1948 to 1964. They were unable to profit from any progressive legislation. The housing, health and education of the plantation workers were neglected.
  • A Satyagraha campaign was launched to protest the deprivation of representation by the Indian Tamil leaders in 1952 by the CWC led by Soumyamoorthy Thondaman, Abdul Aziz, G.K. Motha, and P. Perisundaram, K. Rasalingham, C.R. Motha, Kottampalli Govindan Sellappa Nayar, Vaithiyalingham Palanisami Pillai and many others participated in this struggle. It occurred at the Galle Face Green, in front of Ceylon’s parliament.
  • After making the IOT community stateless, Citizenship rights granted according to eligibility criteria set out in a few enactments enabled Indian Tamils to become part of the country’s permanent population. This was a long process. There was much political manoeuvring by the Indian Tamil leaders and the regimes in power at various times to solve problems. Also, the process imposed on the Indian-origin Tamils a price which they paid through heavy sacrifices and financial hardships. After two generations or more of Indian Tamils after the Independence of Sri Lanka, the final batch of the 300,000 stateless IOT population was granted citizenship in 2003 by a Bill proposed to the Sri Lankan Parliament by Arumugam Thondaman. The IOTs suffered the agony of being a stateless community. Accordingly, the Indian Tamil population in Sri Lanka experienced different issues and trends during the last two hundred years of their stay.
  • The current political regime in India followed a proactive approach to address the issue of IOT. Prime Minister Narendra Modi visited central Sri Lanka in May 2017, where Indian Origin Tamils were settled and inaugurated various projects completed with the aid of the Government of India. This includes the completion of 4,000 concrete houses for the Indian Origin Tamils and the announcement of 10,000 new houses.
  • During the visit of Sri Lankan President Ranil Wickremesinghe to India on 21st July 2023, Prime Minister Narendra Modi announced the implementation of various projects worth Rs 75 crore for Indian-origin Tamil citizens of Sri Lanka while celebrating the 75th anniversary of diplomatic relations with Sri Lanka and also completion of 200 years of the arrival of Tamil community of Indian origin in Sri Lanka.
  • On the 2nd of November 2023, Union Finance Minister Smt. Nirmala Sitharaman participated and graced the ‘NAAM 200’ organised by the government of Sri Lanka.
  • Text : Referenced from content provided by proponent.

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Ghorashal Polash Urea Fertilizer Factory https://istamp-gallery.escalierssolution.com/ghorashal-polash-urea-fertilizer-factory/ https://istamp-gallery.escalierssolution.com/ghorashal-polash-urea-fertilizer-factory/#respond Sun, 12 Nov 2023 13:06:25 +0000 https://istamp-gallery.escalierssolution.com/?p=38655 A commemorative postage stamp on the Inauguration of the Ghorasal Polash Urea Fertilizer Public Limited Company, largest fertilizer factory in Bangladesh by Honorable Prime Minister Sheikh Hasina at Polash Upazila, Narsingdi : Issued by Bangladesh Issued on Nov 12, 2023 Issued for : To mark the event Bangladesh Post has issued a Commemorative Stamp of Tk. […]

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A commemorative postage stamp on the Inauguration of the Ghorasal Polash Urea Fertilizer Public Limited Company, largest fertilizer factory in Bangladesh by Honorable Prime Minister Sheikh Hasina at Polash Upazila, Narsingdi :

Polash Urea Fertilizer Factory Limited (PUFFL)Issued by Bangladesh

Issued on Nov 12, 2023

Issued for : To mark the event Bangladesh Post has issued a Commemorative Stamp of Tk. 10 (ten), a First Day Cover of tk. 10 (ten), a Data Card of Tk. 5 (five) and a Special Canceller.

Designer (Stamp & FDC) : Mr. Boni Adam

Designer (Canceller) : Mr. Sumato Kumar

Type : StampMint Condition

No. of Stamp : 0(One) Piece

Color : Multicolor

Denomination of Stamp : Tk. 10/- (Ten)

Size of Stamp : 32 mm x 48 mm

Perforation of Stamp : 12.5

Qnt of Stamps : 1,00,000 (One Lac) pcs

Process of Printing : Offset

Printer : The Security Printing Corporation (Bangladesh) Ltd., Gazipur-1703

About : 

  • In order to meet the national demand of Urea to guarantee that farmers to have access fertilizer at reasonable prices to ensure food security focus was given to the abnormal increase in gas consumption per ton of Urea production, downtime, and maintenance frequency in the Urea Fertilizer factories located in Polash Upazila of Narsingdi District as the factories became very old. In light of the Honorable Prime Minister’s visit on 24 August 2014 to the Ministry of Industries she said, “Priority should be given to the delivery of gas to both public and commercial companies, particularly those that produce fertilizer. In order to replace the current, outdated refinery, BCIC must build a new refinery using energy-efficient technology. In the Polash and Ghorashal fertilizer industries, new machineries should be installed in place of outdated equipment in an effort to swiftly boost productivity”.
  • The Ministry of Industries set up the “Ghorashal Polash Urea Fertilizer Project” in accordance with the aforementioned directives. Subsequently, in order to carry out the project, it was last modified on April 11, 2015, utilizing the Bidder Financing method. The Committee on Economic affairs of the Cabinet granted permission M/S MITSUBISHI Heavy Industries Limited (MHI), Japan and China National Chemical Engineering No. 7 Construction Co. Ltd. (Cc7).
  • As a government priority project and for obtaining international commercial loans on July 11, 2019, the foreign commercial loan proposal for the Ghorashal Polash Urea Fertilizer Project, which was filed by M/S MHI, Japan, and CC7, the China Consortium, were authorized at the Standing Committee on Non-Concessional Loan meeting under the program. Commercial loans are offered by the following banks:
    • Japan Bank for International Cooperation (JBIC)
    • Hongkong and Shanghai Banking Corporation Limited (HSBC)
    • Bank of Tokyo-Mitsubishi UFJ Ltd. (MUFG)
  • It is to be noted that loans offered by HSBC and MUFG banks are protected by Nippon Export and Import Insurance (NEXI) and the Multilateral Investment Guarantee Agency (MIGA).
  • Polash Urea Fertilizer Factory Limited (PUFFL), situated in Polash Upazila of Narsingdi District, was established on 09/10/2018 with the goal of producing granular Urea that is energy-efficient and has a capacity of 2800 mt tons per day (9 lakh 24 thousand mt tons per annum) as part of the GPUFP project that was approved in the ECNEC meeting. Following the conclusion of all relevant official procedures on October 24, 2018 contract was signed between M/S MHI, Japan, and CC7, China Consortium, the project’s general contractor. This project makes use of machinery and parts produced in highly developed nations like Germany, Italy, and Japan. This project has made use of cutting-edge technology from the current, well-known process licensor. This will enable the plant to run continuously and produce more Urea while consuming comparatively less natural gas. Furthermore, this factory has a control room from which all of the plants are supervised. Consequently, compared to other factories, it will be easier to operate.
  • This factory is environmentally friendly. A Green Fertilizer Factory defines what it is. By collecting and utilizing the carbon-dioxide gas released by the primary reformer, it will be feasible to enhance the production of Urea by 10%. The project makes use of a double-layer full-integrity ammonia storage tank. In addition, a top-notch ETP, or waste water treatment plant, ensures that liquid waste complies with environmental regulations before being dumped into the river. In accordance with MIGA’s guidelines, different businesses (municipalities, registered vendors, etc.) also separate and dispose of solid waste at specified locations.
  • After the implementation of project per day 2800 mt tons of granular Urea will be produced. With cutting-edge machinery that can produce granular Urea that is environmentally friendly and energy-efficient, this plant is anticipated to be crucial in addressing the nation’s Urea shortage and rising demand. The project will establish Bangladesh’s largest granular Urea plant, saving a significant amount of foreign exchange, decreasing reliance on fertilizer imports, boosting agricultural self-sufficiency, and generating employment opportunities. The country’s economy will benefit greatly from this factory in terms of trade and commerce, agricultural economy, and agricultural production.

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Mahindra Group https://istamp-gallery.escalierssolution.com/mahindra-group/ https://istamp-gallery.escalierssolution.com/mahindra-group/#respond Wed, 01 Dec 2021 12:30:44 +0000 https://istamp-gallery.escalierssolution.com/?p=33234 A commemorative postage stamp on 75 Years of The Mahindra Group: Issued by India Issued on Dec 1, 2021 Issued for : Department of Posts is pleased to issue a Commemorative Postage Stamp on 75 Years of Mahindra Group. Credits : Stamps/FDC/Brochure/Cancellation Cachet : Ms. Nenu Gupta Type : Stamp, Mint Condition Colour : Multi Colour Denomination : 1200 Paise Stamps Printed […]

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A commemorative postage stamp on 75 Years of The Mahindra Group:

Mahindra & Mahindra Ltd. : Flagship Company of Mahindra Group (Anand Mahindra)Traffic Light in Indian StampCorporate Identity for Mahindra GroupIssued by India

Issued on Dec 1, 2021

Issued for : Department of Posts is pleased to issue a Commemorative Postage Stamp on 75 Years of Mahindra Group.

Credits :
Stamps/FDC/Brochure/Cancellation Cachet : Ms. Nenu Gupta

Type : Stamp, Mint Condition

Colour : Multi Colour

Denomination : 1200 Paise

Stamps Printed : 302600

Printing Process : Wet Offset

Printer : Security Printing Press, Hyderabad

About : 

  • From its modest beginnings in 1945 as a steel trading firm, the Mahindra Group today is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
  • In 1945, when its founders placed a newspaper advertisement, they spoke about the principles under which the company was set up. The advertisement did not talk about setting up a business only for profits but that it was there to do good for the community, to create an environment where diversity was valued, it spoke about a work environment that people would enjoy and ultimately contribute towards helping others. That has been in the group’s DNA since then.
  • ESG is a key ally and enabler in helping the group measure, manage, accelerate, and amplify the outcomes of living its purpose. Social business is not just about giving back to the community, but it is doing so while growing and creating value. The group believes that the more economic value they create, the more social value it can create.
  • From manufacturing the iconic Willys Jeeps that were ideal for navigating India’s rural terrain and its unpaved rural roads way back in the 1940s or the foresight to set up a tractor division to align with India’s growing agrarian needs, or for that matter its foray into the IT to become one of the key torch bearers in the sector, the Mahindra Group has steadily grown to become one of India’s largest business houses with an unwavering focus on nation building.
  • The Group today comprises of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company by volume. It also enjoys a strong presence in defense, renewable energy, agribusiness, logistics and real estate development. In 2020, Mahindra & Mahindra was ranked 17th among the 100 Most Sustainably Managed Companies in the world according to a ranking by The Wall Street Journal.
  • The Mahindra Group is driven by its purpose – Rise – that believes in challenging conventional thinking and innovatively using resources to drive positive change in the lives of stakeholders and communities across the world. Whether it is serving the needs of customers or helping to build the communities that it is a part of or nurturing the planet. The Group is firm believer in the tenet that ‘doing good makes good business sense’ and this is evident across businesses.
  • From the Farm Equipment sector’s mission of driving rural prosperity to the Financial Services sector’s mission that strives for greater financial inclusivity – the Mahindra Group sees doing business and doing good as two sides of the same coin. To this end, the Group has also considerably embraced and committed to CSR initiatives that positively impacts communities and lives including girl child education, skill development, sustainability and healthcare.
  • The group’s flagship program Nanhi Kali – focussed on educating the girl child – has impacted the lives of over 470,000 girls by providing access to adaptive learning software, school supplies, feminine hygiene materials and creating community sensitization on importance of girl-child education. They run 6,000+ after-school academic support centers in 9 states. The group aspires to increase its impact through the program to 100,000 ‘Nanhi Kalis’ annually.
  • Another of the group’s CSR programs is on Skill development & Livelihood generation – Mahindra Pride School (MPS). The program focusses on skilling women & men through Mahindra Pride School and empowering women farmers through Project Prerna. The program has enabled 500,000+ youth’s livelihoods through the 9 MPS schools set up across India.
  • Mahindra Hariyali is the Group’s tree plantation program through which the Group has planted 19 million trees, of which over 12 million trees have been planted in Andhra Pradesh’s Araku valley. By strategically planting 19 varieties of trees, the Mahindra Project Hariyali has been able to impact livelihoods of more than 25000 tribal marginalized farmer families in Araku and provide them with nutritional & economic security. It has also brought benefits of biodiversity to the degraded land. The project is designed for the trees to be owned and nurtured by the tribal farmers, which has resulted in an impressive survival rate of over 93%. While the group has been planting 1 million trees every year for the past 14 years, they are now gearing ourselves to plant 5 million trees every year by 2026.
  • During the pandemic the Group took a series of steps to support communities. These included using engineering capabilities to manufacture PPE kits, aerosol boxes, face masks, shields, and sanitizers – all needed to help local officials and health care workers to combat the pandemic. Recognizing that there is a huge segment of the most vulnerable within our ecosystem, they set up a Covid-19 Relief Fund. They included providing meals, transport, food packets, rations and even tractors for harvesting. The Group worked closely with governments and local authorities to provide oxygen concentrators, set up oxygen plants, enable last mile delivery of oxygen and build isolation centers.
  • Mahindra now reaches a momentous milestone of 75 years in its glorious journey of contributing to the nation’s progress and growth with a clear focus on ESG. To celebrate this significant landmark, a commemorative stamp has been conceived – with a design that attempts to capture the scale and diversity of the Group, its journey, and the myriad ways in which it has touched the lives of people and helping them Rise. The design is inspired by miniature paintings and art and uses a modern graphical style to illustrate the various facets of the Group. A closer look at the stamp reveals the various business and life centric activities of the Group. And while the stamp is a celebration of this defining moment in Mahindra’s history, to us it is a reminder of the core values that the Group stands for and that we will continue to build the future upon.
  • Text : Based on information received from the proponent.

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India on International Labour Organization 2020 https://istamp-gallery.escalierssolution.com/india-on-international-labour-organization-2020/ https://istamp-gallery.escalierssolution.com/india-on-international-labour-organization-2020/#respond Wed, 22 Jan 2020 13:33:42 +0000 https://istamp-gallery.escalierssolution.com/?p=33536 A commemorative postage stamp on the 100 Years of International Labour Organisation (ILO), a United Nations agency : Issued by India Issued on Jan 22, 2020 Issued for : Department of Posts is pleased to issue a Commemorative Postage Stamp on the International Labour Organization to mark 100 years of its foundation. Credits : Stamp/FDC/Brochure : Shri Sankha Samanta Cancellation Cachet : Smt. […]

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A commemorative postage stamp on the 100 Years of International Labour Organisation (ILO), a United Nations agency :

Social Justice Decent Work, equal remunerationIssued by India

Issued on Jan 22, 2020

Issued for : Department of Posts is pleased to issue a Commemorative Postage Stamp on the International Labour Organization to mark 100 years of its foundation.

Credits :
Stamp/FDC/Brochure : Shri Sankha Samanta
Cancellation Cachet : Smt. Alka Sharma

Type : Stamp, Mint Condition

Colour : Multi Colour

Denomination : 500 Paise

Stamps Printed : 600000

Printing Process : Wet Offset

Printer : Security Printing Press, Hyderabad

About : 

  • The International Labour Organization (ILO) came into existence in 1919. Over the course of 100 years, the ILO has witnessed significant developments and scaled new heights in their mandate to promote welfare of the workers. The ILO is the only tripartite United Nations Agency that brings together Governments, employers and workers of 187 Member States to set labour standards, develop policies and devise programmes to promote decent work for all women and men and to provide social protection to workers. India is a founder member of the ILO and has a rich legacy of upholding the ILO’s objectives and spirit. India’s well-established Tripartite mechanisms that are at the heart of the ILO’s consultative process (where adequate representation is given to Workers’ / Employers’ and the Government) have resulted in a robust and dynamic system of deliberative process for labour policy formulation.
  • The main aims of the ILO are to promote rights at work, encourage decent employment opportunities, enhance social protection and strengthen dialogue on work-related issues. The ILO achieves its mandate by way of setting up of international labour standards in the form of Conventions and Recommendations. Conventions are international treaties and instruments, which are legally binding obligations on the countries that have ratified them. Therefore, every ratified convention is embedded in the constitutional principles of a country or backed by a supporting legal or policy framework. Recommendations are non-binding and set out guidelines orienting national policies and actions.
  • The three organs of the ILO are:
    • International Labour Conference:General Assembly of the ILO – Meets every year in the month of June.
    • Government Body:Executive Council of the ILO. Meets three times in a year in the months of March, June and November.
    • International Labour Office: – A permanent secretariat.
  • Except for the interruption caused by the Second World War, the International Labour Conference has continued, since its first session in 1919 to meet at least once a year. The Conference, assisted by the Governing Body, adopts biennial programme and budget, adopts International Labour Standards in the form of Conventions and Recommendations and provides a forum for discussing social, economic and labour related issues. India has regularly and actively participated in the Conference through its tripartite delegations. The Conference has so far had 4 Indian Presidents viz. Sir Atul Chatterjee (1927), Shri Jagjivan Ram, Minister for Labour (1950), Dr. Nagendra Singh, President, International Court of Justice (1970) and Shri Ravindra Verma, Minister of Labour and Parliamentary Affairs (1979). There have also been 8 Indian Vice Presidents of the International Labour Conference, 2 from the Government group, 3 from the Employers’ group and 3 from the Workers’ group. Indians have chaired important Committees of the Conference such as Committee on Application of Standards, Selection Committee and Resolutions Committee.
  • The Governing Body of the ILO is the executive wing of the Organization. It is also tripartite in character. Since 1922 India has been holding a non-elective seat on the Governing Body as one of the 10 countries of chief industrial importance. Indian employers’ and workers’ representatives have been elected as Members of the Governing Body from time to time. Four Indians have so far been elected Chairman of the Governing Body. They are: Sir Atul Chatterjee (1932-33), Shri Shamal Dharee Lall, Secretary, Ministry of Labour (1948-49), Shri S. T. Merani, Joint Secretary, Ministry of Labour (1961-62) and Shri B. G. Deshmukh, Secretary, Ministry of Labour (1984-85). The Governing Body of the ILO functions through various Sections and India takes part in the proceedings of all the Sections during the sessions of the Governing Body viz. Institutional Section (INS); Policy Development Section (POL); Legal Issues and International Labour Standards Section (LILS); Programme, Financial and Administrative Section (PFA); High-level Section (HL); and Working Party on the Functioning of the Governing Body and the International Labour Conference (WP/GBC).
  • The International Labour Office, Geneva, provides the Secretariat for all Conferences and other meetings and is responsible for the day-to-day implementation of decisions taken by the Conference, Governing Body etc. Indians have held positions of importance in the International Labour Office.
  • Out of the 190 ILO Conventions, of which, 8 Conventions are considered core conventions, India has ratified 47 Conventions and one protocol which include 6 core or fundamental human rights Conventions. The core ILO Conventions ratified by India are: (i) Forced Labour Convention, 1930 (No. 29), (ii) Abolition of Forced Labour Convention, 1957 (No. 105), (iii) Equal Remuneration Convention, 1951 (No. 100), (iv) Discrimination (Employment & Occupation) Convention, 1958 (No. 111), (v) Minimum Age Convention, 1973 (No. 138) and (vi) Worst Forms of Child Labour Convention, 1999 (No. 182).
  • The ILO has rendered 100 years of sustained service to the cause of humanity by seeking universal peace though social justice. All these years, the ILO has made a lasting impact on the world of work and brought about remarkable improvements in the lives of working women and men. The ILO has completed 100 years of its existence that also marks India’s association with the ILO for 100 years.
  • Text : Based on information received from the proponent.

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Punjab National Bank https://istamp-gallery.escalierssolution.com/punjab-national-bank/ https://istamp-gallery.escalierssolution.com/punjab-national-bank/#respond Fri, 12 Apr 2019 23:12:57 +0000 https://istamp-gallery.escalierssolution.com/?p=25461 A commemorative postage stamp on the 125th Anniversary of the Punjab National Bank (PNB) : Issued by India Issued on Apr 12, 2019 Issued for : Department of Posts is pleased to issue a Commemorative Postage Stamp on the occasion of 125th Foundation Day Celebrations of Punjab National Bank. Credits : Stamps/FDC/Brochure/Cancellation Cachet : Smt. Nenu Gupta Type : Stamp, Mint Condition Colour : Multi […]

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A commemorative postage stamp on the 125th Anniversary of the Punjab National Bank (PNB:

पंजाब नैशनल बैंक (पीएनबी) और लाला लाजपत रायIssued by India

Issued on Apr 12, 2019

Issued for : Department of Posts is pleased to issue a Commemorative Postage Stamp on the occasion of 125th Foundation Day Celebrations of Punjab National Bank.

Credits :
Stamps/FDC/Brochure/Cancellation Cachet : Smt. Nenu Gupta

Type : Stamp, Mint Condition

Colour : Multi Colour

Denomination : 500 Paise

Stamps Printed : 605095

Printing Process : Wet Offset

Printer : Security Printing Press, Hyderabad

About : 

  • Punjab National Bank has traversed a long journey which commenced in 1895 solely with Indian capital indigenous enterprise. Today, PNB is amongst the premier Banks in the country with gross global business of Rs. 11.26 lakh Cr. serving more than 100 million customers as at the end of December 2018. The Bank has a pan India presence and has the largest network of branches amongst nationalized banks with more than 7000 branches.
  • The history of PNB is intertwined with the history of our country. Fired by the spirit of nationalism and founded on the idea that Indians should have national bank of their own, PNB Ltd was the result of the efforts of far-sighted visionaries and patriots, among whom were luminaries like Lala Lajpat Rai, Mr. E C Jessawala, Babu Kali Prasono Roy, Lala Harkishan Lal and Sardar Dyal Singh Majithia. Incorporated under the Act VI of 1882, Indian Companies Act, the Bank commenced operations on April 12, 1895 from Lahore with an authorized total capital of Rs. 2 lac.
  • During this eventful journey, the Bank withstood various financial crises including widespread Bank failures in 1913, the Great Depression, the two World Wars and the trauma of partition in 1947 when the Bank had to close 92 offices (33%) in West Pakistan holding 40% of its deposits and lost 15 of its staff who fell victims to the communal frenzy. Taking all these turmoils and tribulations in its stride, the Bank continued its relentless march to newer milestones successfully navigating through periods of extreme challenges. Subsequently, the Bank registered impressive performance and grew from strength to strength over the years.
  • The success was also an outcome of the pioneering initiatives taken by the Bank. The founding fathers and the successors thought ahead of time and were true visionaries with the foresight to consider issues of quality, autonomy, delegation, discipline, directors’ role, customer service, frauds, bad debts, cost control, staff welfare, public interest, management requirement scheme, outside audit, etc. 120 years ago, decades before they became mandatory. As a result PNB’s history is a “History of Firsts” – first to take measures and initiatives in Audit, Training, Teller System, CBS, People Development, Digitalization, War room for NPA Management, Risk Management etc.
  • The Nationalization of Banks in 1969 unleashed a new chapter in the long history of the Bank. Keeping with the economic ideology of catalysing development and amelioration of poverty by funding various self-employment schemes, PNB expanded its presence rapidly in unbanked areas. The Bank donned the role of a facilitator in providing the vital input of credit and consistently exceeded the national goals in respect of priority sector lending.
  • PNB has thus established itself firmly as one of the premier banking institutions in the country with a long tradition of sound and prudent banking. There has been take-over/merger of 7 banks during different periods in Bank’s history. The first ever merger of a nationalized bank in the banking industry was in 1993, when New Bank of India was merged with PNB.
  • The Bank provides a bouquet of financial services to various customer segments which include Salaried class, students, Self Employed, Farmers, Professionals, Traders, Corporates, Women, MSMEs etc. Besides providing the traditional banking products, the Bank also serves the Non Banking financial needs of its customers like Mutual Funds, Life and Non Life Insurance, Door Step banking Cash Management Depository services, ASBA, Online Trading services, various tax collection, pension disbursement, PPF accounts etc. The Bank also has a wide array digital products for providing customer ease and operational efficiency such as Internet Banking, Mobile Banking, SMS Alerts etc. The Bank is also providing various services through Apps such as PNB One, PNB m-Pass Book, BHIM, UPI PNB Genie, PNB m-Banking, PNB Mobi-Ease, ATM Assist.
  • At PNB, Corporate Social Responsibility (CSR) has always been an integral part of the business strategy of growing responsibility by deepening relationships and engagement with all the stakeholders’ viz. employees, customers, shareholders and the society as a whole. The Bank values its role as one of the leading domestic banks in supporting local and national efforts for making lives better. The Bank has clearly delineated CSR agenda and initiatives have been taken across a broad front including economic, social, health, promotion of sports, training, environmental protection etc. Under the aegis of the PNB Farmers’ Welfare Trust, 12 “Farmers Training Centres” (FTCs) located in rural areas provide free of cost training on agriculture & allied activities. Besides, the Bank has 55 Rural Self Employment Training Institute (RSETIs) and 2 Rural Development Centres that are focusing on training and economic upliftment of participants by ensuring adequate credit for inclusive growth.
  • The Bank’s performance over the years has resulted in the awards and accolades being won by the Bank at various prestigious platforms. In view of its excellent performance, the Bank was awarded Dun & Bradstreet Banking Awards 2017 – Best Public Sector Bank – Government Scheme participation – Pradhan Mantri Mudra Yojana (PMMY). In recognition of adopting new and innovative processes in banking operations, PNB was awarded Special Award for excellent performance in Rupay, NFS ATM Network, CTS, UPI/IMPS & NACH in National Payments Excellence Awards 2017. Further, under PMJDY, PNB was ranked first among all banks by Government of India in deposit mobilization and second in its overall implementation. The Bank has also been ranked as the 2nd Best Public Sector Bank in terms of Total Aadhar Generation and Updates.
  • Recently, the BCG-IBA launched “EASE Reforms Index and EASE Report” which measured the performance of each PSB on 140 objective metrics across 6 themes. PNB was adjudged the Best Performing Public Sector Bank and was conferred with “EASE Reforms Excellency” award 2018, ranking first in the EASE (Enhanced Access & Service Excellence) index. PNB was also declared the best PSB under the themes of Customer Responsiveness, Responsible Banking and Credit off-take and Runner Up Bank under the theme Deepening Financial Inclusion & Digitalization.
  • Going forward, the Bank aims to maintain its position as the premier National Bank of the country by focusing on providing superior banking experience to its customers through continuous innovation and improvement in systems, processes, products and services. The Bank remains committed to maintain the highest levels of ethical standards, professional integrity, corporate governance and regulatory compliance for realisation of its grand vision.
  • Text : Based on information received from the proponent.

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Financial Inclusion in India https://istamp-gallery.escalierssolution.com/financial-inclusion/ https://istamp-gallery.escalierssolution.com/financial-inclusion/#respond Wed, 30 Jan 2019 22:50:20 +0000 https://istamp-gallery.escalierssolution.com/?p=25671 A commemorative postage stamp on the Indian Financial inclusion : Issued by India Issued on Jan 30, 2019 Issued for : Department of Posts is pleased to issue a Commemorative Postage Stamp on Financial Inclusion. Credits : Stamp : Shri Satish Gujral FDC/Brochure : Shri Kamleshwar Singh Cancellation Cachet : Smt. Alka Sharma Type : Stamp, Mint Condition Colour : Multi Colour Denomination : 500 Paise Stamps Printed […]

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A commemorative postage stamp on the Indian Financial inclusion :

Painting by Satish GujralIssued by India

Issued on Jan 30, 2019

Issued for : Department of Posts is pleased to issue a Commemorative Postage Stamp on Financial Inclusion.

Credits :
Stamp : Shri Satish Gujral
FDC/Brochure : Shri Kamleshwar Singh
Cancellation Cachet Smt. Alka Sharma

Type : Stamp, Mint Condition

Colour : Multi Colour

Denomination : 500 Paise

Stamps Printed : 5.0 Lakh

Printing Process : Wet Offset

Printer : Security Printing Press, Hyderabad

About : 

  • Provision of access to financial services to low-income households and small businesses has been a long standing goal of Government of India. The ‘Committee on Comprehensive Financial Services for Small Businesses and Low Income Households’ had observed that on aspects of both Financial Inclusion and Financial Depth, the overall situation was very poor and, on a regional and sectoral basis, very uneven. Financial Inclusion is defined as the spread of financial institutions and financial services across the country while Financial Depth is defined as the percentage of credit to GDP at various levels of the economy. Majority of small businesses have no links with formal financial institutions and close to half of the rural and urban population do not even have a functional bank account. There is high demand for a wide range of financial services by small businesses and low-income households combined with a willingness to pay for them. The challenge is clearly the ability of the formal financial system to mount a strong supply response, which needs to be strengthened considerably. It is in this context that the role of Post Office towards Financial Inclusion needs to be understood.
  • The Post Office Savings Bank (POSB) founded in 1873 to promote thrift and savings, much before commercial banks made their appearance, is the sheet anchor of financial inclusion in India. With a spread across 155,000 Post Offices it has been rendering yeoman service to the nation.
  • On 15 August, 2016 the Prime Minister announced the setting up of India Post Payments Bank (IPPB) during his 70th Independence Day address to the nation from the Red Fort. The subsequent incorporation of the bank, grant of the final license by the Reserve Bank of India and launch of two pilot branches on 30 January, 2017 have brought to fruition the long standing quest of the Post Office to contribute its might to the formal banking sector.
  • IPPB is committed to achieving the objective of financial inclusion in India. The motto of the bank, ‘Aapka Bank Aapke Dwar’ will translate into more than three lakh Postmen and Gramin Dak Sewaks providing assisted banking at door steps in rural, urban and remote areas particularly to those not familiar with technology such as the rural poor and the elderly. The bank is focussing on equipping and enabling small merchants and vendors to accept cashless payments and thereby foster a digital acceptance ecosystem. IPPB is creating infrastructure at the last mile to strengthen and deepen DBT. The association with India Post and the Dakiya infuses trust and confidence amongst users to try out electronic banking, including UPI. IPPB will make banking and payments simple. Using technology, it simplifies opening of accounts in minutes and allows customers to make digital transactions with the help of QR Cards and biometric authentication. The bank also runs financial literacy programmes to teach electronic banking to those not comfortable with information technology based applications including homemakers, farmers and workers. IPPB enables the post office to accept digital payments at counters, offer small savings schemes online (NSC/KVP/PPF) and increase its footprint in the e-commerce world by providing electronic cash on delivery options to its customers at their door step.
  • In perspective, the IPPB is a seminal part of the objective of the Government of India to promote financial inclusion of the weakest and least accessed segments of the country. It is a critical building block of the Government of India’s financial inclusion strategy.
  • Since the nationwide launch of IPPB by the Prime Minister on 1st September, 2018 the bank has expanded its network from 350 branches and 3250 access points to 1,19,640 access points as on 14-01-2019. In the process, the banking network of the country has doubled while the bank network has increased by 2.5 times.
  • Text : Based on the information received from PBI Division, Department of Posts.

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