AT THE LOKSABHA ,UNSTARRED QUESTION NO 3 ANSWERED ON 07.07.2014,REGARDING REVENUE GENERATION OF POSTAL SERVICES

LOK SABHA UNSTARRED QUESTION NO 3 ANSWERED ON   07.07.2014 ON REVENUE GENERATION OF POSTAL SERVICES 3 . Shri ANIRUDHAN SAMPATH PARAYAMPARANBIL KUTTAPPAN BIJU Will the Minister ofCOMMUNICATIONS                                                         AND INFORMATION TECHNOLOGY be pleased to state:- (a) whether the revenue generation of postal services has been declining continuously and the targets for each coming year are brought down by the Government; (b) if so, the revenue generated and the expenditure incurred by the Department of Posts during the last three years and the current year; (c) the reasons for the decline in market share, if any, and the losses incurred by India Posts; and (d) the corrective steps taken by the Government in this regard? ANSWER THE MINISTER OF COMMUNICATIONS AND INFORMATION TECHNOLOGY & LAW AND JUSTICE (SHRI RAVI SHANKAR PRASAD) (a) No Madam. The Revenue generation of Postal Services is increasing every year, and the targets for each coming year are raised by the Government as given below:- (Rs. in crore) Year Revenue Target Revenue Achievement 2011-12 7522.02 7899.40 2012-13 8762.75 9366.50 2013-14 9787.52 10720.94 (b) to (d) Does not arise in view of (a) above.

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