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Jyotiraditya Scindia and FM Sitharaman discuss plans to transform India Post into profitable logistics company

Truthprevail by Truthprevail
December 28, 2024
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Jyotiraditya Scindia and FM Sitharaman discuss plans to transform India Post into profitable logistics company

Union Minister Jyotiraditya Scindia on Saturday held a meeting with Finance Minister Nirmala Sitharaman in New Delhi to discuss India Post's path to profitability.

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New Delhi [India], December 28 : Union Minister Jyotiraditya Scindia on Saturday held a meeting with Finance Minister Nirmala Sitharaman in New Delhi to discuss India Post’s path to profitability.

Scindia and his team at the Department of Posts presented their capital expenditure demands to the finance minister to make the department a profit centre by 2029, according to a press note.

In the meeting, Minister Scindia presented a new development plan for India Post. He shared that the department is working on rationalising costs and aiming to make maximum processes digital.

He reiterated that his aim is to make the department a profit-making logistics company with a focus on customer satisfaction.

He also talked about how the ongoing Business Process Re-engineering (BPR) exercise will benefit a lot from the investment from the Finance Ministry.

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