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Showing posts from June, 2007

Faulty entry in NSS

The question of who is to be blamed for errors and miscalculations of interests and subsequent faulty closing balances on National Savings Scheme (NSS) deposits haunts M S Ramachari, an elderly resident of J Block, Anna Nagar.Ramachari, who retired from a reputed private firm, had opened two NSS accounts, ANE-20453 and ANE-20454 when the scheme was first introduced, at Anna Nagar East post office. One account was in his wife's name and the other in his name. These accounts were maintained and controlled by Park Town HPO. But, his NSS passbook, which was supposed to be neat (without additions and deletions) in terms of interest entries, looks like a revalued mathematics answer- sheet. The 'revaluation' had begun in 2001, well after computerisation in Postal Departments, and still continues on his passbook. For the last seven years, since the problem began, he had paid many visits to Park Town HPO near Ripon Buildings to get the figures corrected. During his visit every yea...