Eurogiro facility in Postal Department
The 'Eurogiro' facility for direct remittance of money worldwide through post offices would be launched in Chennai by October this year, Union IT Minister A Raja said here today.
Preliminary works have been completed and it would be launched in October after testing of the software, he said."Eurogiro will enable people in India send money to their relatives in any part of the world in just one hour", he said, after launching three dedicated India Post Freighter aircraft.Eurogiro is a global network of banks and financial institutions.Raja also said the Department has approved a proposal to set up new automatic mail processing centres at Delhi and Kolkata at a cost of Rs 65 crore. Similar centres at Chennai and Mumbai would soon get state-of-the-art machines, he said.These machines would also be installed at 10 other major cities, Raja said.
(Agencies)
Preliminary works have been completed and it would be launched in October after testing of the software, he said."Eurogiro will enable people in India send money to their relatives in any part of the world in just one hour", he said, after launching three dedicated India Post Freighter aircraft.Eurogiro is a global network of banks and financial institutions.Raja also said the Department has approved a proposal to set up new automatic mail processing centres at Delhi and Kolkata at a cost of Rs 65 crore. Similar centres at Chennai and Mumbai would soon get state-of-the-art machines, he said.These machines would also be installed at 10 other major cities, Raja said.
(Agencies)
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