Over 1.25 lakh post offices run by India Post are in the process of getting ATMs and micro ATMs, according to All India Radio. The move has been effected to make it possible to withdraw money for people living in far-off areas, the government said in the Lok Sabha on Friday.
While speaking in the Parliament, Minister of State for Finance, Jayant Sinha said that the concept of 'bank mitra', people hired temporarily at branches that has inadequate staff in rural areas, will also help make things easier.
Sinha was also questioned about the number of vacancies in public sector banks during the Question Hour at the Parliament on Friday. He said that the government was in the process of filling the backlog vacancies, saying that they had already added over 60,000 people against 38,000 people who retired.
India Post, in a bid to moderise and move to parcel shipments as against letter or document traffic, had tied up with e-commerce companies like Snapdeal, Amazon, Paytm, and Yepme, which led to a huge surge in its shipments compared to a dismal 2% decline in parcel revenues last year.
The postal department has 1,54,882 post offices, of which 1,39,182 are in rural areas. The department employes
The postal department has 1,54,882 post offices, of which 1,39,182 are in rural areas. The department employs around 4,60,000 personnel and handles close to six billion mail pieces in a year.
