India, Feb. 1 -- The Government of India issued the following news release:
Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman said, while presenting the Budget 2025-26 in the Parliament today, that India Post with 1.5 lakh rural post offices, complemented by the India Post Payment Bank and a vast network of 2.4 lakh Dak Sevaks, will be repositioned to act as a catalyst for the rural economy.
Finance Minister also proposed that the expanded range of services of India Post will include:
1) rural community hub co-location;
2) institutional account services;
3) DBT, cash out and EMI pick-up;
4) credit services to micro enterprises;
5) insurance; and
6) assisted digital services.
Smt Sitharaman further added th...