25 Tuesday Aug 2015
10 Friday Jul 2015
The long pending demand of the Department of Posts for Bank Licence may be granted. As per Communications Minister Ravi Shankar Prasad, the Reserve Bank is expected to grant Bank Licence to Department of Posts by September this year. ” This will enable the network of 1,54,000 Post Offices in the country to provide banking service”.
This is good news!
06 Monday Apr 2015
The government has been stating that Department of Posts is in loss. True. But how can it be in profit, when the government is charging the services far below the cost?
A Postal Card by the time it is delivered is costing Rs. 7.53 while it is charged only Rs. 0.50 incurring a loss of more than Rs.7.00 In the same way an Inland Cover costing Rs. 7.48 is sold for Rs. 2.50 causing a loss of about Rs. 5.00.
The Department has to implement the decisions of the government providing services below cost and later the government itself states that the DoP is in loss.
It is almost the same thing with BSNL also. And BSNL is charged with loss. Sufficient support should be given by the government in such cases.
14 Wednesday Aug 2013
PIN means Postal Index Number. PIN is used to identify the exact location of the Post Office to which address a letter is posted or is sent from. This helps the Postman to deliver the mail to the correct address.
There are nine PIN zones in India, including eight regional zones and one functional zone (for the Indian Army). The first digit of the PIN code indicates the region. The second digit indicates the sub-region, and the third digit indicates the sorting district within the region. The final three digits are assigned to individual post offices.
The PIN code system was started on 15th August 1972. The Department of Posts are very strict that all mails should clearly mention the PIN code so that the same can be delivered to the correct address with out delay.
30 Sunday Jun 2013
Though postcards were experimented in 1840 and later introduced as a cheap communication, it reached in British India in 1879 only. It is recorded that the postcard was introduced on 1st July 1879. The price was 1/4 anna ( 1/64 part of a rupee). This was largely used by the common people due to its cheapness. Even after about 134 years, the price has not increased much. At present the price is only 50 paise ( 1/2 Rupee). The interesting fact is that the Department of Posts is losing almost Rs. 1.50 for each card posted, including the cost of the card, taking it from the post-box, conveying it to the destination Post office and also delivering it to the addressee. Now the Department of Posts have started advertisement on the cards to reduce the loss.
28 Friday Jun 2013
The Department of Posts have applied to the Reserve bank of India for licence to start full-fledged banking services. The proposal is to start 50 branches in the first year to be increased to 150 branches in five years. Communications Minister Kapil Sibal stated that this proposal will bring banking to the door step of the ordinary man. However, the proposal will have to be approved by the Cabinet.
We feel that the proposal is helpful both to the department of posts as also to the common people. With glorious service of more than one and half century, if the proposal is accepted, the Postal Department will be entering a vast arena which will strengthen it.