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Friday, July 11, 2014

Lok Sabha News on Dept. of Posts

Revenue generation of Postal Services is increasing every year


GOVERNMENT OF INDIA
MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY
LOK SABHA
UNSTARRED QUESTION NO 3
ANSWERED ON 07.07.2014
REVENUE GENERATION OF POSTAL SERVICES

3 . Shri ANIRUDHAN SAMPATH
PARAYAMPARANBIL KUTTAPPAN BIJU

Will the Minister of COMMUNICATIONS AND INFORMATION TECHNOLOGY be pleased to state:-

(a) whether the revenue generation of postal services has been declining continuously and the targets for each coming year are brought down by the Government;

(b) if so, the revenue generated and the expenditure incurred by the Department of Posts during the last three years and the current year;

(c) the reasons for the decline in market share, if any, and the losses incurred by India Posts; and

(d) the corrective steps taken by the Government in this regard?

ANSWER

THE MINISTER OF COMMUNICATIONS AND INFORMATION TECHNOLOGY & LAW AND JUSTICE (SHRI RAVI SHANKAR PRASAD)

(a) No Madam. The Revenue generation of Postal Services is increasing every year, and the targets for each coming year are raised by the Government as given below:-

(Rs. in crore)
Year
Revenue Target
Revenue Achievement
2011-12
7522.02
7899.40
2012-13
8762.75
 9366.50
2013-14
9787.52
10720.94
   
(b) to (d) Does not arise in view of (a) above. 

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