India Post to open forex counters in select metros
Post offices in metros are set for a major change with the Government deciding to introduce new facilities like forex counters, cargo services, access to instant money order and other revenue generating services.
“We have got the license from the RBI to start the foreign exchange business in some post offices in selected metros. We are finalizing the deal which would be operational soon,” S Samant, Chief General Manager, Business Development, Department of Post (DoP), told PTI.
The department is acquiring an Air India flight to operate a dedicated cargo service carrying parcels, mails and couriers to north eastern states which will swift the delivery of mails in the region, Samant said.
The cargo flight would take off from Kolkata every morning and return in the evening after delivering the services at Agratala and Imphal, he said.
The Postal department recently signed and MoU with the Railways to sell train tickets in some of the post offices. Besides, it has undertaken the task of verifying pre-paid mobile subscribers in some areas, Samant said
