Originally posted by : Brajendra Sharma | ||
SIR IN 1996-1997 CAROR RS KISAN VIKAS PATRA WAS STOLEN FROM BALIA SAHATWAR, A PERSON AFTER FILLING THESE KISAN VIKAS PATRA WITH ALL FORMALITY HE WAS TAKING MONEY FROM POST OFFICES THIS WAS ALL INDIA CASE, RS 7,00,000 LACS PAYMENT WERE MADE TO HIM FROM BINDKI POST OFFICE,ON BEHALF OF POST MASTER BINDKI MY MADE PAYMENT, SO THE SHARE OF 375000 IS ASKING POST OFFICE FROM US AS PER MY KNOWLEDGE.ONLY FOR THAT DAY MY FATHER WAS APPOINTED ON THAT SEAT BY POST MASTER BINDKI BEACUSE HIS COLLEGUE WAS ON LEAVE. |
@ G.L.N. Prasad,
Of course Kissan Vikas Patra Scheme was one of the most defective and insecure schemes of the Post office in the absence of making provision for any prescribed application and maintaining.specimen signatures of the purchaser. The same could be encashed by any person, may be thieves or fakers, on presentation of the Patras at any of the Post Office throughout India. The most basic and dreadful fault of the top Postal Administration by keeping the scheme insecure, the fraud of shrewed public men could not have been attributed to the postal officials.
The schem was of Bearer” nature i.e. anyone could walk in the post office to buy and encash it. No stringent rules about PAN cards, ID proofs, KYC norms was prescribed with the scheme.
Even in 2011, the comittee headed by Shyamala Gopinath top brass of the Postal Department expressed their fear that KVP could be used for money laundering, therefore must be stopped. The Government had to agree on that.
The scheme had to be discontinued by the department in 2011 due to India wide frauds, mostly by publicmen.
But till then the fraud had put the Postal Department to a great loss India-wide.
The scheme was relaunched in 2014, but with stringent norms, like the purchaser was required to produce PAN Card for purchase worth 50K and above, while purchaser of Patras worth the value of 10 Lakhs and above were required to disclose the source of their income also.
Mr. G.L.N. Prasad may like to enlighten the members of his views, if any type of his doubt still remains even to the slightest extent.