Electronic System Design and Manufacturing Sector – M-SIPS, National Policy on Electronics, etc.

India Post strikes it rich with cash-on-delivery payments

  1. News: India Post is expecting cash transactions under cash-on-delivery model of payment to be about Rs 1,500 crore for FY 2015-16
  2. Reason: It has taken major initiatives to strengthen its position for the e-commerce business requirements
  3. Fact: The Department of Posts, with its network of nearly 1.55 lakh post offices, is the largest postal network in the world
  1. News: India Post is expecting cash transactions under cash-on-delivery model of payment to be about Rs 1,500 crore for FY 2015-16
  2. Reason: It has taken major initiatives to strengthen its position for the e-commerce business requirements
  3. Fact: The Department of Posts, with its network of nearly 1.55 lakh post offices, is the largest postal network in the world
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