Postal Services in the
country has beaten its revenue target three years in a row, exceeding
the target by 9.5 per cent in fiscal 2013-14, Parliament was informed
today. The government had set a revenue target of Rs 7,522.02 crore for
the Postal Services in 2011-12, while the Department registered revenue
of Rs 7,899.40 crore. "The revenue generation of Postal Services is
increasing every year and the targets for each coming year are raised by
the Government," Minister of Communications and IT
Postal Services in the
country has beaten its revenue target three years in a row, exceeding
the target by 9.5 per cent in fiscal 2013-14, Parliament was informed
today.
The
government had set a revenue target of Rs 7,522.02 crore for the Postal
Services in 2011-12, while the Department registered revenue of Rs
7,899.40 crore.
"The revenue generation
of Postal Services is increasing every year and the targets for each
coming year are raised by the Government," Minister of Communications
and IT Ravi Shankar Prasad today said in a written reply to the Lok
Sabha.
In the year 2012-13, the revenue stood at Rs 9,366.50 crore against a target of Rs 8,762.75 crore, he added.
In 2013-14, the revenue stood at Rs 10,720.94 crore as against the target of Rs 9,787.52 crore, he said.
Responding to a separate
query, the Minister said 1,735 post offices were modernised under
Project Arrow against the target of 1,759 post offices during the 11th
Plan.
"During the 12th Plan,
2,500 post offices are proposed to be modernised under Project Arrow
with an outlay of Rs 284 crore," Prasad said.
During the first two
years of the 12th Plan, 880 post offices have been modernised and so
far, 2,615 post offices have been modernised under the 11th and 12th
Plan, he added.
Source : Business Standard
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