MINISTER OF STATE FOR COMMUNICATIONS
(SHRI DEVUSINH CHAUHAN)
(a) The income generated by the Government from various postal services during each of the last three years and the current year is given in Annexure.
(b) Yes Sir, India Post is increasingly earning revenues from non-traditional sectors like e-commerce and Payments Bank . Parcel business of the Department is consistently rising and in the last FY, Rs 500 crore was earned through parcel business, which are majorly e-commerce items. As regards Payments Bank, the revenues of the Bank increased from Rs 213 crore in 2020-21 to Rs. 461 crore in 2021-22.
(c) The revenue earned by the Department of Posts from various value added services /non-traditional sectors during the above period are as under
Services 2019-20 2020-21 2021-22
Value added services/ Non- traditional revenue as a percentage of total revenue 16.47% 15.08% 16.22%
(d) Revenue of Department of Posts declined only in the year 2020-21 owing to Covid lockdown. Since then the revenues are consistently on increase.
(e) In order to generate additional revenue, Department regularly reviews its offerings and takes appropriate action including introduction of new products and services to offer value additions to make them more customer and business centric. The Department in tie- up with Government organizations is providing various citizen centric services viz. Aadhaar Enrolment and updation facilities, Post Office Passport Seva Kendra, Passenger Reservation facilities, Digital Life Certificates etc.
(f) Yes Sir,
(g) The details are furnished below:
(In crore Rupees )
Year 2017-18 2018-19 2019-20 2020-21
Revenue Deficit 12416 13977 14813 17695
Department is taking various steps, as described at (e) above to increase the revenue of the Department. Additionally, Department is also controlling its expenditure and leveraging technology to decrease the revenue deficit.
Download PDF Files