Indian Post The Focus Of International Symposium

A two day international symposium will start here on November 12 to discuss Postal System reforms for harnessing its reach and utilising it as front-end for the financial sector to benefit India’s population, numbering over 1 billion.

The seminar, jointly organised by the World Bank, India Post and Invest India Economic Foundation (IIEF), would dwell on many roles that the Indian postal system could adopt in areas including payment systems, E-governance, E-commerce, financial sector and information dissemination.

‘India-Post 2010’ seminar, to be inaugurated by Minister of State for Communications and IT Sanjay Paswan, would have participation from leading national and international experts, apart from government departments, regulators, private sector, academic and research institutes.

IIEF Director Gautam Bhardwaj said there was an enormous task of reengineering the postal system in order to perform the new functions, involving a transformation of human resources, process design, IT systems and governance.

“India Post can play a key role in rural penetration and expansion of financial markets, while providing easy access to modern savings instruments and micro-credit to the population in semi-urban and rural India,” he told PTI.

Key speakers likely to be present World Bank Vice President (South Asia) Mieko Nishimizu; Senior Financial Economist in WB Simon Bell; Chief Economic Advisor Ashok Lahiri; Reserve Bank Deputy Governor Rakesh Mohan; KPMG India Managing Director Atul Pradhan; FICCI Director General Amit Mitra; ICICI Bank Executive Director Chanda Kochchar and Secretary of Department of Posts S C Dutta.

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