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Scindia meets FM Sitharaman to discuss India Post's path to profitability

Business Standard LogoBusiness Standard17h ago

Scindia meets FM Sitharaman to discuss India Post's path to profitability - Business Standard

Quick Summary:

During the meeting with the finance minister, Scindia presented a new development plan for India Post and said the department is working on rationalising costs and aiming to make most processes digital.

Communications Minister Jyotiraditya Scindia has met Finance Minister Nirmala Sitharam to discuss India Post's path to profitability, an official release said on Saturday.

Scindia, along with officials from the Department of Posts, presented their capital expenditure demands to the finance minister to make it a profit centre by 2029.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-28 @ 16:08:03 (17 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24711438

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 85 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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