India, Aug. 30 -- It was only after revelation through RTI application that Department of Posts discontinued postal-orders in outdated denominations like Rs 1, 2, 5 and 7 because of extremely low sale-figure and high handling cost. According to an RTI response, handling cost of a postal-order was Rs 37.45 to Department of Posts alone in the year 2011-12. Handling cost for clearing-operation of banks is even extra. It is highly illogical that public-exchequer may bear such extra-ordinary loss in handling postal-orders in denominations like Rs 10 and 20. Rather it is time that higher denominations like of Rs 100, 200 and 500 may be added to avoid purchase of demand-drafts in submitting various types of fees.
Government-fees below Rs 50 may e...