The Economic Times-- Press News
Postal Services beat revenue target third year in a
row
· ·
NEW DELHI: 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 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 Arrowagainst
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.
