India Post Launches eCommerce Portal & Internet Banking

Minister of State for Communications Shri Manoj Sinha today launched the e-Commerce Portal of the Department of Posts. The India Post portal aims to provide an e-Market place to sellers especially to rural artisans, self-help groups, women entrepreneurs, State and Central PSUs and Autonomous Bodies to sell their products to buyers across the country.

The small and local sellers, who have been left behind in e-commerce space will now, by leveraging the vast physical and lT network of DoP, be able to maximize their reach and retailing power. The buyers can access the products of their choice displayed by sellers on the India Post portal and place online orders by making digital payments. The products will be shipped through Speed Post.

Shri Sinha also launched the internet banking facility for Post Office Savings Bank (POSB) customers which are under Core Banking Solution (CBS). Now, around 17 Crore POSB accounts will be intra-operable and customers can also transfer funds online to RD and PPF accounts of Post Offices. This facility will help customers to do their transactions without physically visiting post offices.

With the objective of bringing philately to the mainstream of the education system and incentivizing it, in 2017, India Posts had launched a scholarship program for school children called Deen Dayal SPARSH (i.e Scholarship for Promotion of Aptitude & Research in Stamps as a Hobby).

The Scheme has caught the imagination of children across the country as is evident from nearly 4 times increase in the number of their participation from 20,652 children in 2017-18 to 74,555 children in 2018-19. Out of these, 920 students have been selected for the award of Scholarship of Rs. 6000/- per annum. 40 scholarships are being awarded by each circle to 10 students each from classes Vl, Vll, Vlll & lX under this Yojana. Shri Sinha presented the scholarships to the selected children from Delhi Circle and interacted with the selected children from Tamil Nadu, Bihar and Andhra Pradesh Postal Circles through Video Conference.

Source: Teleanalysis

Image Courtesy:Jagaran