Press Trust of
India | New Delhi Aug 04, 2014
The government
today said it is considering a proposal to amend the Indian Post Office Act,
making postal authorities responsible for non-delivery or loss in transit of
articles for consumers.
"The
proposal to amend the Indian Post Office Act, 1898, is under consideration
which includes the examination of the scope of making postal authorities
responsible for non-delivery or loss in transit of the articles of
consumers," Minister of Communications and IT Ravi Shankar Prasad said in
a written reply to Lok Sabha.
On a query if
Indian Post is losing its share to the operations of private courier companies,
the Minister said the share of both the traffic and revenue of Speed Post have
been increasing over the years.
"Study on
Speed Post conducted through the Indian Market Research Bureau International,
reveals that the share of Department of Posts in the overall courier market has
increased from the range of 15.1 per cent to 18.3 per cent in the year
2010-2011, 16.7 per cent to 19.8 per cent in year 2011-12 and 17.4 per cent to
20.2 per cent in year 2012-13," he added.
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