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The Department of Posts has been focussing on e-commerce sector to increase its revenue receipts.
NEW DELHI: Leveraging its parcel business network, India Post on Tuesday
announced the soft launch of its e-commerce portal. "IndiaPostOffice
has launched e-commerce portal and I am glad that today I have received
first parcel by this e-commerce portal," Communications Minister Manoj
Sinha said in a tweet.
While details of the e-commerce service that will be provided through
India Post could not be ascertained, an official source that the
Department of Posts has done only soft launch and full fledge operations
of the service will start around or after mid-December.
The Department of Posts has been focussing on e-commerce sector to
increase its revenue receipts. The Department facilitates has collected
and remitted more than Rs 2,700 crore under cash-on-delivery till
January 2018 since its introduction in December 2013.
The ongoing e-commerce business segment resulted in increase of 13 per
cent revenue of India Post in the 2017-18 and total revenue the
department earned under Speed Post till January 2018 was Rs 1,502.60
crore.