Revenue of postal services rises
Revenue of Indian postal services has increased to Rs 4431.85 crore in 2004-05 from Rs 3297 crore in 2000-01. The volumes of ordinary mail has been reduced due to advent of technology (emails and cheaper telephone calls), however the Indian post has registered an increase in revenues on back of higher traffic of business post. Speed post, the courier service of Indian Postal Department, has seen a 16.08 per cent rise in traffic and 18.7 per cent increase in revenue while business post saw a 29.5 per cent increase in revenue. On the other hand, the volume of traditional unregistered post has fallen. A new scheme for speed post service called ‘One India One Rate’ has been launched. Priced at Rs 25 for mail up to 50 grams to any destination in the country, it is intended to tap inter-state document services and benefit the customers.
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