Revenue from Postal Department During the Current Financial Year
GOVERNMENT OF INDIA
MINISTRY OF COMMUNICATIONS
DEPARTMENT OF POSTS
UNSTARRED QUESTION NO. 603
TO BE ANSWERED ON 5TH FEBRUARY, 2020
REVENUES FROM POSTAL SERVICES
603. SHRI DHANUSH M. KUMAR:
SHRI SELVAM G.:
DR. HEENA GAVIT:
Will the Minister of COMMUNICATIONS be pleased to state:
(a) the target set by the Government for generation of revenue from postal service during the current financial year;
(b) the quantum of income generated by the Government from various postal services during each of the last three years and the current year, postal service-wise;
(c) whether the revenue generation of postal services has been declining every year and the targets for each coming year are brought down by the Government and if so, the details thereof and the reasons therefor;
(d) the revenue generated and the expenditure incurred by the Postal Department during each of the last three years and the current year;
(e) the reasons for the decline, if any, in the market share of postal services and the losses incurred by India Posts during the same period; and
(f) the corrective steps taken by the Government in this regard?
ANSWER: MINISTER OF STATE FOR COMMUNICATIONS, HUMAN RESOURCE DEVELOPMENT AND ELECTRONICS & INFORMATION TECHNOLOGY (SHRI SANJAY DHOTRE)
(a) The revenue target was fixed for Rs. 8800 crore for Postal Operations and Rs. 10403.29 crore for Savings Bank & Cash Certificates remuneration (Agency Services) during the current financial year.
(b) The revenue earned from various Postal Services during last three years and current financial year is furnished in the Annexure-‘A’.
(c) No, Sir.
(d) The Revenue and Expenditure of Department Of Posts during the last three years and current year are detailed as below;
(Rs. in Crores)
|2018-19||2019-20 (upto Dec. 19)|
(e) & (f) Revenue earned by the Department has been increasing during the last three years. Further, various citizen centric services viz. Aadhaar Enrolment and Updation facility, Post Office Passport Seva Kendras and Railway Passenger Reservation System have been introduced in Post Offices which has not only enhanced the social relevance of the Department but also led to increase in revenue. In order to increase the market share of Parcels, Parcel Processing infrastructures has been strengthened by setting-up of Standard Parcel Hubs, Nodal Delivery Centres, Introduction of Road Transport Network etc.
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