Millennium Post

Rs 5k cr project to computerise 1.55 lakh post offices

A Rs 4,909-crore project for computerisation and networking of 1.55 lakh post offices across the country is being implemented by the government, the Lok Sabha was informed on Wednesday.

Telecom Minister Ravi Shankar Prasad said the project involves providing a central server-enabled integrated, modular and scalable solution for all operations of the Department of Posts.

These include provision of Core Banking and Insurance Solutions in all departmental post offices and provision of 1,000 ATMs. "As on February 22, 2016, 17,057 post offices are utilising Core Banking Solution. Core Insurance Solution is rolled out in 805 head post offices and the corresponding sub offices. 510 ATMs have been installed," he said during Question Hour. Prasad said multiple safeguards have been built into the system to ensure stable internet connectivity for the post offices. Most of the post offices have been provided with two Network Service Providers. 
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