The Government is on the move to bifurcate the philately business from India Post by forming a separate company for doing business in philately. Government has indicated that it will be a 100% government owned limited company.
It is clear that this move by the government is to privatise India Post part by part. First, the profitable portion of the business should be bifurcated and then privatised for the benefit of the corporates and big business. The revenue from this segment has been increasing every year and in 2015-16 it has been Rs. 39.88 crore increased from the Rs. 32.85 crore of 2014-15.