The latest news from India post bill 2023.

India Post office amend bill of 2023 is released

The Post Office Bill 2023 has been introduced to amend the 125-year-old Indian Post Office Act. Focusing entirely on the shift from mail delivery to service delivery, this bill is concise, containing only 17 clauses and a vision of the transformation of post offices into banking service providers.

In the past nine years, there has been a significant revival of the postal institutions, marked by several key developments:

• Between 2014 and 2023 - 5,000 new post offices have been opened and 5,746 post offices are currently in the process of opening
• 1,60,000 post offices have been connected through core banking and digital banking services
• 434 Dak Ghar Passport Seva Kendra have been established, processing nearly 1.25 crore applications
• 13,500 Dak Ghar Aadhaar Seva Kendra have been opened
• Over 3 crore Sukanya Samriddhi accounts have been opened, with deposits exceeding ₹1.41 lakh crore
• More than 3.5 crore accounts, specifically for women, have been opened in The India Post Payment Bank (IPPB)
• 867 Dak Ghar Niryat Kendra have been opened.

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