India Post to spend Rs 100 cr for modernisation

Postal Dept to spend Rs 100 cr to modernise 727 Post Offices

New Delhi, Jan 20 The Department of Post today said it is planning to spend Rs 100 crore to modernise and upgrade 727 post offices across the country by 2011.
"We plan to modernise about 727 post offices across the country under Project Arrow. We have sent a proposal to the Finance Ministry seeking Rs 100 crore for funding the project," Minister of State for Communications and IT Sachin Pilot told reporters here.

Expenditure on computer hardware and other peripherals and new counters, and improving the"look and feel"of the post offices would be made from these funds, he added.

Project Arrow is the flagship project of the Postal Department under which it plans to modernise the post offices across the country.

So far, nearly 1,000 post offices had been modernised entailing an investment of Rs 152 crore.

Talking about the positive impact of the project, Pilot said the post offices under the ambit of the project had seen a 23 per cent jump in its revenue for the third quarter ended December 2009.

source-PTI