Showing posts with label FACTS. Show all posts
Showing posts with label FACTS. Show all posts

Monday, July 30, 2012

Post office to launch mobile remittance scheme

Postal Department is launching an instant money remittance scheme, mobile remittance scheme, in tie-up with the BSNL infrastructure by next month, Chief Postmaster General (Kerala Circle) Sobha Koshy said today.

In the first phase the scheme will be implemented in selected states like Kerala, Bihar, New Delhi and Punjab, Koshy told reporters after releasing a special postal cover in connection with the ruby jubilee celebrations of Kottayam Press Club.

In Kerala the scheme will be implemented in selected 30 post offices in Idukki, Aluva and Pathanamthitta. As per the scheme a person can send money through the post office which will send a message to the other post office about the amount to be given to the other person, she said.

Koshy said the process of computerising the entire postal network in the country, numbering 1,55,000 post offices, was going on. In Kerala out of 1507 post offices, except 29 post offices rest are computerised.

The department is also planning to implement a range of products including e-post facility instead of letter, electronic money order scheme by which upto Rs 5000 will be sent with a small message, M O Videsh and pick-up service.

Tuesday, October 11, 2011

Quick Facts

Quick Facts India's foreign exchange (Forex) reserves rose by US$ 266 million to US$ 316.763 billion in the week ended September 16, 2011, according to the Reserve Bank of India's (RBI) 'Weekly Statistical Supplement'.
Quick Facts Net direct tax collection upto September 15, 2011, in 2011-12 grew by 6.7 per cent at Rs 1,27,858 crore (US$ 26.75 billion) as against Rs 1,19,849 crore (US$ 25.07 billion) collected from April 1 to September 15 in 2010.
Quick Facts Private equity (PE) and venture capital (VC) investments grew by 29 per cent to US$ 648 million (around Rs 2,916 crore) in the period January-September 2011 as compared to US$ 500 million (around Rs 2,250 crore) in the same period last year.
Quick Facts The index for eight core sector industries—crude oil, petroleum refinery products, coal, electricity, cement, steel, fertilizers and natural gas—rose 7.8 per cent in July 2011 compared to 5.7 per cent in July last year.
Quick Facts Exports of spices during April-July 2011 increased 22 per cent in rupee terms and 26 per cent in dollar terms, with total receipts in the period at Rs 2,613.50 crore (US$ 585.46 million), compared to Rs 2,135 crore (US$ 464.92 million) during the same period last year.
Quick Facts The wind energy sector has attracted foreign direct investment (FDI) worth Rs 1,510 crore (US$ 328.87 million) over the past three years. In the renewable energy sector, wind energy has emerged as the fastest growing category, according to Dr Farooq Abdullah, Union Minister for New and Renewable Energy.
Quick Facts The monthly net investment by mutual fund (MF) houses in August 2011 has hit a 38-month high, at Rs 2,524 crore (US$ 547.18 million), according to the statistics from the Securities and Exchange Board of India (SEBI).
Quick Facts Small Industries Development Bank of India (SIDBI) has announced its plans to disburse Rs 1,000 crore (US$ 209.36 million) to microfinance companies in 2011.