INDIA POST'S MODERN REVENUE

OVER THE PAST two-three years, India Post has been increasing revenues from non-traditional sectors such as e- commerce or value- added services. The share of these non-traditional sectors in total revenues earned by the Department of Posts jumped from nearly 24 per cent in 2015/16 to around 27 per cent in the last fiscal—the share stood at 29.13 per cent in 2016/17. In the first two months of fiscal 2019, it managed a share of 17.13 per cent. The express and business parcel segment earned revenue of 17.3 crore during April- May 2018. To date the India Post Payments Bank has not contributed to any revenue for the Department of Posts.