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Union Budget
Nirmala Sitharaman shares Union Budget. Photo Courtesy: PIB

Union Budget 2025: Nirmala Sitharaman feels India Post will act as a catalyst for rural economy

| @indiablooms | Feb 01, 2025, at 05:00 pm

Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, while presenting the Budget 2025-26 in the Parliament on Saturday, said that India Post with 1.5 lakh rural post offices will be repositioned to act as a catalyst for the rural economy.

The Finance Minister also proposed that the expanded range of services of India Post will include:

rural community hub co-location;

institutional account services;

DBT, cash out and EMI pick-up;

credit services to micro enterprises;

insurance; and

assisted digital services.

Sitharaman further added that India Post will also be transformed as a large public logistics organization.

This will meet the rising needs of Viswakarmas, new entrepreneurs, women, self-help groups, MSMEs, and large business organizations.

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