DEPARTMENT OF POSTS - 4 YEARS ACHIEVEMENT

DEPARTMENT OF POSTS - 4 YEARS ACHIEVEMENT

📮 Average annual Speed Post revenue more than doubled – from Rs. 788 crores between 2006-14 to Rs. 1682 crores between 2014-18.

📮 Revenue of Rs. 415 crores from the eCommerce business in 2017-18, with a growth of more than 20% over the previous financial year.

📮 Established a separate Parcel Directorate, in order to focus on this growing business segment.

📮 Geared up to launch the India Post Payments Bank (IPPB), with 650 branches co-located in District HQ Post Offices, offering a 360-degree financial services suite across multiple channels – to benefit the unbanked and under-banked.

📮 995 DoP ATMs are now inter-operable with other Banks; since December 2016, 1.85 crore transactions have been carried out on these ATMs.

📮 More than 1.18 crore Sukanya Samriddhi accounts opened in Post Offices across the country, of a total of 1.30 crore accounts across  all banks.

📮 Aadhar Enrolment & Updation Centres have been made functional in 13,150+ Post Offices across the country in just 7 months; more than 7 lakh enrolments and updates have already been completed in these centres.

📮 213 Post Office Passport Seva Kendras (POPSKs) started across the country in collaboration with the Ministry of External Affairs – to provide passport services to citizens within 50 KMs of their place of residence; more than ten lakh passport appointments have already been processed in these POPSKs

📮 Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI) – insurance products from the DoP, with the unique feature of ‘low premium, high bonus’; renewed drive to extend the benefits of these products to promote financial inclusion in the country.

📮 Benefits of Postal Life Insurance (PLI) are no longer limited to Government and Semi-Government employees; this facility is now also available to professionals (teachers, lawyers, engineers, doctors, CAs) and employees of listed companies of NSE and BSE.

📮 Under Sampoorna Bima Gram Yojana, at least one person insured from each household in 1,244 villages nation-wide; 10,000 villages targeted by March 2019.

📮 The PLI and RPLI business is now being carved into an independent SBU within DoP, to leverage the potential of insuring the uninsured.

📮 A philately scholarship scheme called Deen Dayal SPARSH (Scholarship for Promotion of Aptitude & Research in Stamps as a Hobby) Yojana was introduced in November, 2017 to promote Philately among children; under the scheme, 920 scholarships will be given every year to school-children who demonstrate interest in philately.

📮 An average 56% increase in the wages and allowances of GDSs, benefitting more than 2.60 lakh GDSs and their families.

📮 Technology investments in the Department more than doubled – from Rs. 434 crores between 2010-14 to more than Rs. 1,000 crores between 2014-18.

📮 More than 62,000 SIM based handheld devices are in use by Gramin Dak Sewaks in Branch Post Offices, to ensure financial inclusion of the unbanked rural population by making available financial and postal services on a digital platform; target to extend this coverage to all 1.30 lakh Branch Post Offices in the country by end-2018.

📮 More than 3 crore transactions have been carried out through these devices so far, amounting to Rs. 3,800 crores.

📮 Postman mobile application has been introduced to update the delivery information of accountable mail, including cash on delivery, on a real time basis.

📮 Post Payments Bank (IPPB) launched & All the 1.55 lakh Post Offices in the country will be linked to the IPPB system by December 31, 2018. 

#Department_Of_Posts