Strategy for Public Health

Strategy for Public Health

The European Commission's current strategy 'Together for Health: A Strategic Approach for the EU 2008-2013' aims to improve citizens' prosperity, solidarity and security by:

• Improving citizens’ health security
• Promoting health to improve prosperity and solidarity
• Producing and distributing health knowledge

Competence for the organisation and delivery of health services and healthcare is largely held by the Member States, although the EU has the responsibility to give added value through launching actions such as those in relation to cross-border health threats and patient mobility, as well as reducing health inequalities and addressing key health determinants.

Health

Health is a high priority for Europeans, who expect to have a long and healthy life, to be protected against illnesses and accidents and to receive appropriate health care. Accurate and detailed statistics on health have a key role for evidence based decisions by national and European authorities and are a major tool for monitoring health policies.

Health statistics include:

• Public health issues such as health status, health problems and health determinants, health care provision and resources, health care expenditures and causes of death
• Health and safety at work issues such as accidents at work and work related health problems

Authorised Dealers

Authorised Dealers

Banks play an important role in all foreign exchange transactions in India. All receipts and payments in foreign exchange are require to be settled in almost all cases through a bank authorised to deal in foreign exchange. Section 6 of FERA requires the bank to obtain a licence from Reserve Bank of India (RBI) to deal in foreign exchange, and such banks are the "authorised dealers" in foreign exchange.

Indian national and persons of Indian origin resident abroad can open bank accounts in India freely, out of funds remitted from abroad in foreign exchange ,or out of funds legitimately due to them in India. RBI has granted general permission to "Authorised Dealers" to open such accounts freely, although in some cases the requests of Non-residents will have to be approved by RBI.

SALIENT FEATURES :

 SALIENT FEATURES :
i) Owner / Lessee of suitable and prominently located sites at all major cities
will be able to participate. Lease of Lessee should be at least for a period
of 3 years.
ii) Suitable space with independent access will be required.
iii) The participant will be procuring ATMs as per specifications approved by
Bank and the other related equipments from the Bank’s approved
vendor(s). The site layout shall be as per layout design provided by bank
to maintain uniformity of the sites.
iv) Participant will bear the cost of the ATM, site preparation, security,
maintenance of ATMs and site etc.
v) To ensure a steady return on investment to the participant and to make the
system profitable to him, initial commitment of three years of usage of the
facility shall be given to the participant. Bank may renew / extend the
contract after 3 years.
vi) Mode of Connectivity to the ATM Switch shall be decided & provided by
Bank; Bank will also bear the cost of connectivity. Participant, however,
shall provide necessary space at his own cost for installation of V-SAT
(wherever required) at the roof top.
vii) Bank will have an exclusive usage right over the infrastructure till the
validity of the arrangement. The agreement will be binding on both the
Bank and the participant for the same period. This will give exclusive
usage of the facility to PNB customers and other member bank
cardholders as per the various ATM sharing arrangements Bank enters
into from time to time.
viii)Bank may consider buying the ATM and site infrastructure from the
participant after three years at a cost not more than depreciated value (at
prices prevailing at that time) of the ATM and ATM site infrastructure. The
depreciation shall be @ 20% per year.
ix) As per the depreciation, the ATM and Site Infrastructure cost will come
down to Re. 1/- after 5 years. In case, the Bank decides to buy the ATM
and site infrastructure after 5 years, then the negotiated value will not be
more than 20&% of the original cost of the same. Rent payable may also
be negotiated at the time of takeover by the Bank.

1.  INTRODUCTION
Punjab National Bank is in the process of creating a large network of ATMs in
partnership with Companies willing to provide prominent space, install ATMs;
take active interest in increasing number of transactions on these ATMs and also
to take care of ATM maintenance besides development, upkeep and security of
the site. The scheme is based on Revenue Sharing Model. The entity deploying
ATMs hereinafter called “Participant” shall get revenue on per transactions basis
as defined in REVENUE clause.