GOVERNMENT OF INDIA MINISTRY OF COMMUNICATIONS DEPARTMENT OF POSTS LOK SABHA UNSTARRED QUESTION NO TO BE ANSWERED ON 8 TH AUGUST, 2018

Similar documents
List of Tables. Table Title Page No.

IDBI Bank Ltd. Financial Inclusion : Achievements

24 th Year of Publication. A monthly publication from South Indian Bank. To kindle interest in economic affairs... To empower the student community...

CCC MODEL PAPER INFOMAX COMPUTER ACADEMY

GOVERNMENT OF INDIA MINISTRY OF RURAL DEVELOPMENT DEPARTMENT OF RURAL DEVELOPMENT LOK SABHA STARRED QUESTION NO. 280 TO BE ANSWERED ON

A Premier Public Sector Bank

FINANCIAL INCLUSION AND SOCIAL CHANGES

Press Release

ROLE OF GOVERNMENT IN FINANCIAL INCLUSION

PRADHAN MANTRI J AN-DHAN YOJANA (PMJDY) - Frequently Asked Questions (FAQs)

Rural Road Connectivity in India

VAKRANGEE LTD Upgrade

STOCK IDEA- VAKRANGEE LTD. Buy 19/09/16 Stock Price: Rs.227

OPERATIONAL GUIDELINES. Pradhan Mantri KIsan SAmman Nidhi (PM-KISAN)

Press Release

Postal Financial Services. India Post

Performance highlights for the Quarter ended 30 th June 2016 Performance highlights of the Bank -June 16 [Q1] over June 15 [Q1]:

SARATHI BANKING ACADEMY

Gram Swaraj Abhiyan 2018 (14 th April to 5 th May 18)

Resource Gap Analysis of National Social Assistance Programme

BUDGET MCQ PART- I. Q.1 How much amount of Agricultural Credit to farmers has been proposed in the Union Budget ?

IOPS COUNTRY PROFILE: INDIA INDIA: COUNTRY PENSION DESIGN

Delivering Financial Inclusion Services to Rural Citizens through the Common Service Centers. An Evaluation of State Implementation Models

Pradhan Mantri Awaas Yojana - Gramin (PMAY-G) Ministry of Rural Development Government of India

Government Schemes. Pehal- A Max Life CSR initiative

DEPOSIT INSURANCE AND CREDIT GUARANTEE CORPORATION (Established by an Act of Parliament)

SECTOR ASSESSMENT (SUMMARY): CHHATTISGARH ROAD SECTOR. 1. Sector Performance, Problems, and Opportunities

FINANCIAL INCLUSION - INDIAN EXPERIENCE

Grievance Redressal Policy

SECTOR-WISE HIGHLIGHTS OF UNION BUDGET,

GOVERNMENT OF INDIA MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION

Direct Benefit Transfer Readiness Index NCAER, November2016

RURAL INSURANCE-GOVERNMENT INITIATIVES

PROGRESS OF FINANCIAL INCLUSION THROUGH FIPs OF SCHEDULED COMMERCIAL BANKS

Rexjournal ISSN Renewable Research Journal. A Study of Sukanya Samrudhi Yojana in the Post office of Thane District

CURRENT AFFAIRS MARCH BANKING

Highlights of Union Budget

Financial Inclusion & Postal Banking The India Story

PRADHAN MANTRI JAN DHAN YOJANA

Farmers and rural population

NRI Sampark. A Quarterly Newsletter for esteemed NRI clients by IDBI Bank Vol. 8, April June 2015

Efficacy of Andhra Pragathi Grameena Bank (APGB) in Andhra Pradesh: A Conventional Analysis

Role of Financial Inclusion in the Development of Economic Growth: A Review. Garima Jindal 1, Mohini 2

Study Report on. Impact of Pradhan Mantri Jan DhanYojana (PMJDY)

Role of Banks in Financial Inclusion

MINUTES OF 4 th MEETING OF STEERING COMMITTEE TO SLBC (PUNJAB) FOR

The Bank that begins with. Financial Results Q-3 / FY

United Bank of India Lead Bank Division Head Office: Kolkata

Overview of KPIs. Mission Indradhanush. Ministry of Health and Family Welfare. Scheme Description :

PRADHAN MANTRI JAN-DHAN YOJANA (PMJDY) - Frequently Asked Questions (FAQs)

Frequently Asked Questions (FAQs) on Pradhan Mantri Jan Dhan Yojana (PMJDY)

FINANCIAL INCLUSION USING PRADHAN MANTRI JAN-DHAN YOJANA A CONCEPTUAL STUDY

MAHATMA GANDHI PRAVASI SURAKSHA YOJANA

SECTOR ASSESSMENT (SUMMARY): ROAD TRANSPORT (NON-URBAN)

PRADHAN MANTRI JAN-DHAN YOJANA (PMJDY) Frequently Asked Questions (FAQs)

F.No.6/41/2012-FI( Vol.III) Government of India Ministry of Finance Department of Financial Services

Keywords: PMJDY, Pradhan Mantri, scheme, Mehsana, central government, PMJDY, Awareness. I. INTRODUCTION

Social Justice & Empowerment Department, Gujarat

Banking Current Affairs April Part II

Financial Results Q2 & H1 FY November 06, 2015

Recent Government Scheme related to Personal Finance

A STUDY ON EVALUATION OF THE PERFORMANCE OF FINANCIAL INCLUSION PLANS (FIP) OF BANKS, IN INDIA FOR THE PERIOD ( )

Financial Results Q1 FY July 28, 2015

A STUDY ON ROLE OF PAYMENT BANKS IN INDIA FINANCIAL INCLUSION

Budget Analysis CMA Ashok B Nawal

1,07,758 cr GoI allocations for Ministry of Rural Development (MoRD) in FY

CURRENT AFFAIRS LABOUR REFORMS A. MANGTANI INSIGHT IAS ACADEMY WITH. India's Best Institute for Civil Services Prep.

Modi govt boosts Middle Class, Farmers, Workers' Josh!

Responsive & Responsible PSBs Banking Reforms Roadmap for a New India

COMMON SERVICE CENTRES

Financial Inclusion & Draft Guidelines

PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA

Highlights of Union Budget 2018

RBI/ /205 DCM (Plg) No.2170 / / December 31, 2016

Visit us at Gosarkari.com

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015

A monthly publication from South Indian Bank. To kindle interest in economic affairs... To empower the student community...

Banking Development in U.T. of Puducherry

PRESS INFORMATION BUREAU GOVERNMENT OF INDIA *** BUDGET SUMMARY WITH MAJOR HIGHLIGHTS OF THE INTERIM BUDGET

GOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE DEPARTMENT OF AGRICULTURE, COOPERATION AND FARMERS WELFARE

Report on Orientation Workshop on Atal Pension Yojana Lucknow, Raibareily & Rampur Uttar Pradesh

Rajya Sabha Today in Rajya Sabha Business Questions Debates Members Committees Procedures Secretariat Downloads Events Im New Recruitment

Summary of Projects & Achievements: 48 Months of Narendra Modi Government (Important) (Part - 9) (Download PDF)

Shri Vishnu Engineering College for Women (Autonomous): Bhimavaram. Department of Management Studies UNION BUDGET 2018 ANALYSIS

Medium-term Expenditure Framework Statement laid before Parliament as required under the Fiscal Responsibility and Budget Management Act, 2003

Service Charges - (Updates up to 01/07/2017) : Rates in INR (I) SAVING DEPOSIT ACCOUNT A)OPENING & MAINTENANCE OF MINIMUM BALANCE IN THE ACCOUNT

A Case Study: Micro Financial Institutions (MFI) - Loan Maintenance

UNITED BANK OF INDIA FINANCIAL RESULTS FY

Salient points of the. Union Financial. Budget Contents. Foreword. 2 Fiscal and economic review. 3 Key policy announcements

Segment -1 (Background)

Analyst Presentation

PMJDY : A CONCEPTUAL ANALYSIS AND INCLUSIVE FINANCING Dr. Vinit Kumar*, Dolly Singh**

Study-IQ education, All rights reserved

Financial Inclusion Initiatives in India

Financial Performance of the bank for the year

N I C. e-treasury. A Robust, Integrated, Scalable e-gov DSS.

THE UNORGANISED WORKERS SOCIAL SECURITY BILL, 2008

Press Release

Post and Telecommunications

Pradhan Mantri KISAN SAmman Nidhi (PM KISAN)

Transcription:

GOVERNMENT OF INDIA MINISTRY OF COMMUNICATIONS DEPARTMENT OF POSTS LOK SABHA UNSTARRED QUESTION NO. 3642 TO BE ANSWERED ON 8 TH AUGUST, 2018 POSTAL SERVICES 3642. DR. RAMESH POKHRIYAL NISHANK : Will the Minister of COMMUNICATIONS be pleased to state: (a) the services provided/being provided by the Department of Posts in the country during the last three years along with the revenue earned/being earned therefrom, service-wise and year-wise; (b) whether there has been a decline in the use of various postal services during the said period and if so, the details thereof and the reasons therefor; (c) whether the Government proposes to take any steps to increase the usage of postal services in the country and if so, the details thereof; and (d) the details of new postal services, if any, introduced/being introduced by the Government during the said period? ANSWER THE MINISTER OF STATE (IC) OF THE MINISTRY OF COMMUNICATIONS & MINISTER OF STATE IN THE MINISTRY OF RAILWAYS (SHRI MANOJ SINHA) (a) The services provided/being provided by the Department of Posts in the country during the last three years along with the revenue earned/being earned therefrom, are annexed as Annexure-A. (b) The Department of Posts offers various services for the usage of customers. While most of the services have shown an increasing trend during the period, there are also some services which have shown a decline. The increasing and decreasing trend of services varies with requirement of the customers and also has seasonal fluctuations. Department of Posts is closely monitoring the traffic of various postal services and is adjusting to the needs of the customers by adding value to the existing postal services as well as by introducing new services. (c) The following steps have been taken by the Government to increase the usage of Postal services in the country:- (i) IT Modernization Project is being undertaken to improve the services and efficiency of Department of Posts with a total outlay of Rs 4909 crore. The Project involves computerization and Modernization and networking of ~ 1, 55,000 Post Offices in the country, including ~ 1, 30,000 Branch Post Offices in rural areas run by the Gramin Dak Sevaks. 1

The project involves providing Central Server based integrated, modular and scalable solution for all the operations of Department of Posts including Mails, Human Resource, Banking, Insurance and Finance & Accounts. It also involves creation of IT Infrastructure like Data Centre, Disaster Recovery Centre, setting up of a Wide Area Network (WAN) and providing solar powered and portable handheld computing devices (Micro ATM compliant) to all the Branch Post Offices. (ii) Core Banking Solution (CBS) has been implemented in Post Office Savings Bank. This has resulted in enabling anywhere banking, i.e. a Post Office Savings Bank (POSB) Customer can transact with their account from any CBS Post Office in India, irrespective of where his/her account stands. ATMs have been installed and made interoperable, i.e. a POSB customer can use his/her ATM card in ATM of any Bank in addition to Postal ATMs. Bank Customers can also use their ATM cards at PO ATMs. (iii) IPPB: With the objective of furthering financial Inclusion, India Post Payments Bank (IPPB) is being set up with 100% Government of India (GOI) equity, under Department of Posts (DoP), Ministry of Communications. The roll out will include 650 IPPB branches co-located at District Headquarters Post office along with all the access points (Post Offices) as linkages. The India Post Payments Bank (IPPB) has launched its two branches in Raipur (Chhattisgarh) and Ranchi (Jharkhand) with 6 access points on 30/01/2017. IPPB would focus on providing basic financial services such as all kinds of payments; including social security payments, person to person remittances (both domestic and cross-border), current and savings accounts up to a balance of Rs 1 lac, distribution of insurance, mutual funds, pension products and selling of third party products especially in rural areas and among the underserved segments of the society. IPPB will also provide doorstep banking to its customers. (iv) All the PLI/RPLI operations have been automated under the Financial Services integrations (FSI) Project 2012. The business processes developed for the new PLI Software in the FSI project involve all processing work to be done at Central Processing Centers (CPCs) with provision for online approval by the competent authority without any physical movement of files beyond CPCs. Facility of web portal and mobile portal Convenient Premium Payment Options Customer Care Anytime anywhere policy procurement Sampoorna Bima Gram Yojana Under Sampoorna Bima Gram Yojana, at least one village (having a minimum of 100 households) has been identified in each of the revenue districts of the country, where in endeavour will be made to cover all households of that identified village with a minimum of 1 Rural Postal Life Insurance (RPLI) policy each. Saansad Adarsh Grams (SAGs) adopted by Members of Parliament have also been brought under the ambit of Sampoorna Bima Gram Yojana, where in all households of the villages adopted by Members of Parliament under Saansad Adarsh Gram Yajana will be covered by a minimum of 1 RPLI policy each. 2

(v) For improving the Mail Operations, the following steps have been taken: Computerization, infrastructure and site upgradation of sorting and mail processing offices has been carried out. End to end tracking facility is provided for accountable articles viz. Speed Post, Registered Post, Parcels etc. Dedicated point to point road transport for fast & secure transmission of Speed Post, Parcels and e-commerce articles has been introduced. Department vehicle have been equipped with Geo Positioning System (GPS) for monitoring on real time basis. Nodal Mechanized delivery Centers for delivery of parcels and Speed Post have been established. Quality Monitoring Cells have been established in the circle to monitor mail performance. A separate Parcel Directorate has been established in the Department of Posts to holistically manage the sales & marketing activities and operations of the parcel business. The facility of Short Messaging Service (SMS) alerts is also being utilized for giving the delivery status of an article. Cash - on - Delivery facility especially for e-commerce companies has been provided as a value addition to the Speed Post. National Account facility has been introduced under Speed Post for contractual customers. Outsourced Postal Agents scheme has been introduced with a view to extend door pick-up and delivery of various kinds of articles. Android based mobiles have been provided to postmen for delivery through postman mobile app to capture delivery in real time. (vi) (vii) Aadhar Enrolment and Updation- Department of Posts has been mandated to leverage its vast network by providing Aadhaar Enrolment and Updation facilities through Post Offices across the country. 13, 277 Aadhaar Centres have been opened across the country as on date. This will bring the convenience to the residents in generating new Aadhaar and updating their Aadhaar cards in case of any change/mis-match besides improving footfall in post offices and thus generating revenue for the department. Post office Passport Seva Kendras (POPSKs)-Department of Posts (DoP) and Ministry of External Affairs (MEA) have mutually agreed for leveraging the network of Post Offices as Passport Seva Kendras for benefit of citizens. The objective of this partnership is to extend passport related services on a larger scale and to ensure wider area coverage. As of now 215 POPSKs (Post office Passport Seva Kendras) have been opened in coordination with Ministry of External Affairs. (viii) Soverign Gold Bond- Department is actively engaged in the premier scheme Sale of Sovereign Gold Bond (SGB) introduced in 2015-16 by the Government of India, Ministry of Finance, and operated through RBI. The objective of the scheme is to popularize Paper Gold among masses and to reach out the small investors at the grass root level. (d) The details of new postal services introduced/being introduced by the Government during the said period are as follows:- 3

(i) International Tracked Packet Service w.e.f 09.10.2017 (Presently for 12 countries) (ii) Cool EMS Service (one way service from Japan to India) w.e.f. 31.03.2018. Presently the service is available in Delhi. (iii) Aadhar Enrolment and Updation- Department of Posts has been mandated to leverage its vast network by providing Aadhaar Enrolment and Updation facilities (iv) through Post Offices across the country. Post office Passport Seva Kendras (POPSKs)-Department of Posts (DoP) and Ministry of External Affairs (MEA) have mutually agreed for leveraging the network of Post Offices as Passport Seva Kendras for benefit of citizens. (v) Sovereign Gold Bond Department is actively engaged in the premier scheme Sale of Sovereign Gold Bond (SGB) introduced in 2015-16 by the Government of India, Ministry of Finance, and operated through RBI. (vi) India Post Payment Bank -With the objective of furthering financial Inclusion, India Post Payments Bank (IPPB) has been set up with 100% Government of India (GOI) equity, under Department of Posts (DoP), Ministry of Communications. (vii) Sukanya Samridhi Yojana has been introduced on 22.01.2015 ** (viii) Pradhan Mantri Suraksha BimaYojna has been introduced on 07.09.2015** (ix) Pradhan Mantri Jeevan Jyoti BimaYojna has been introduced on 07.09.2015** (x) Atal Pension Yojana has been introduced on 01.12.2015** ** These services are being undertaken on behalf of the Ministry of Finance. 4

Annexure-A DETAILS OF REVENUE EARNED BY DEPARTMENT OF POSTS In crore The Services being provided by Department of Posts Financial Year 2015-16 Financial Year 2016-17 Financial Year 2017-18 up to SY-I Speed Post 1605.77 1785.25 1846.62 Business Post 735.93 752.52 730.72 Express Parcel 58.77 64.18 53.92 Business Parcel 90.22 94.80 85.81 Bill Mail Service 99.04 77.15 56.07 Electronic Post 2.90 1.63 4.78 Postage through Franking Machines and Pre Postage 830.66 777.34 857.87 Sale of Stamps 441.74 470.78 366.77 Commemorative stamps 33.25 43.30 61.96 My stamps 2.83 5.33 6.21 Philatelic Ancillaries 2.91 13.54 38.19 Postage- Other schemes * 9.04 8.50 46.21 Money Order & Indian Postal Orders 464.84 284.62 228.11 Retail Post 76.87 67.68 108.59 Logistic Post 15.52 16.31 15.41 Electronic Bill collection 30.79 26.34 22.88 Railway ticket booking 3.38 2.54 2.25 Mahatma Gandhi National Rural Employment Scheme 425.28 48.00 156.9 Other activities ** 446.96 152.57 223.98 Net Receipts/Payments to other Postal Administration (Other Countries) -220.78-267.22-192.03 Savings Banks & Cash Certificates Remuneration *** 7783.87 7085.84 8102.3 Total 12939.79 11511.00 12823.54 Postal Life Insurance (PLI) Remuneration **** 354.76 394.25 439.04 Rural Postal Life Insurance (RPLI) Remuneration **** 264.9 270.13 277.02 *Postage-Other schemes includes Greeting Post, Direct Post, National Bill Mail, Fate rate Parcel, Over Night Parcel, e VPP, e-commerce Product and International Mails. **Other activities includes retail activities such as Sale of forms, Examination/ Recruitment Fee, Cable TV Registration Fee, Fee from ATM interoperable, Other recoveries from APS, Sale of old records etc. ***Savings Accounts, Recurring Deposit (RD), Time Deposit (TD), Monthly Income Scheme (MIS), Public Provident Fund (PPF), National Savings Certificate (NSC), Kisan Vikas Patra (KVP), Senior Citizens Savings Scheme (SCSS), Sukanya Samriddhi Accounts. 5

****PLI and RPLI remuneration are accounted as Recoveries ( i.e. reduction of Expenditure) In addition to the above, some other services like (i) Social Security Schemes like Indira Gandhi National Old Age Pension Scheme (IGNOAPS), Indira Gandhi National Widow Pension Scheme (IGNWPS), Indira Gandhi National Disability Pension Scheme (IGNDPS), Indira Gandhi Matritva Sahyog Yojana (IGMSY), and International Mails Services like Letter, Express Mail Service (EMS) Speed Post, Air Parcel, International Tracked Packets are also provided by Department of Posts. ***************** 6