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Rules, Rights & Rites -115 Significant financial milestone for the Department of Posts, noting a historic surge in revenue and infrastructure expansion

 Rules, Rights & Rites -115

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Significant financial milestone for the Department of Posts, noting a historic surge in revenue and infrastructure expansion. 

The Department of Posts recorded a historic 16% growth in revenue during the last financial year.
The total revenue reached ₹13,500 crore, reflecting the successful implementation of modernization and diversification strategies.
This surge is primarily attributed to a substantial increase in the Parcel and E-commerce segment, which grew by approximately 25%.
India Post continues to manage the world's largest postal network with over 1.6 lakh post offices.
The India Post Payments Bank (IPPB) has crossed the milestone of 8 crore customers, significantly aiding financial inclusion in rural areas.
The department has successfully integrated over 1.5 lakh post offices into a single electronic network, enabling real-time banking and insurance services.
The launch of Dak Ghar Niryat Kendras (DNK) has simplified the export process for small-scale commercial exporters and MSMEs across the country.
Post offices have expanded their role as "Front Offices" for the government, facilitating Passport Seva and Aadhaar enrollment/updates on a large scale.
The Minister emphasized that these results demonstrate the department's commitment to the Antyodaya philosophy—ensuring services reach the last person in the most remote areas.

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