Rev receipts for Dept of Posts up 25% to Rs 11,733 cr in FY15

Revenue receipts of the Department of Posts increased to Rs 11,733.13 crore in 2014-15, up 25 per cent from the end of March 2013, Parliament was informed today.
The receipts stood at Rs 9,366.50 crore in the financial year 2012-13.
"Owing to the Department's consistent focus on quality improvement and increasing use of technology, the revenue receipts have steadily grown from Rs 9,366.50 crore in 2012-13 to Rs 11,733.13 crore in 2014-15," Minister of Communications and Information Technology Ravi Shankar Prasad said in a written reply to the Lok Sabha.
Speed post, which is the flagship express mail product of the department, has also shown increase in revenue from Rs 1,261.50 crore to Rs 1,473.39 crore in the same period, he added.

DoP handles more than 600 crore mail prices every year.
"Parcel revenue has increased 37 per cent from 2013-14 to 2014-15, owing to the infrastructure improvement for parcel handling and delivery as well as focus on quality of service delivery," he added.

In response to a separate query, Prasad said so far, 2,940 post offices have been modernised under Project Arrow.
"The Department has put in place a Programme Management Governance Structure, which plays a key role in monitoring the IT Modernisation project approved by the government," he said.
Prasad said the governance structure is four-tiered with an apex inter-ministerial steering committee to review, monitor and guide the progress of the project.