TIRUCHIRAPALLI: In a bid to augment its revenue, the postal department would soon venture into life insurance space, IT and Telecom Minister A Raja said. Addressing a function at Perambalur, 45 kms from here, Raja has said the life insurance policies would be introduced at post offices across the country. Also, loans sanctioned by NABARD would be distributed to women's self help groups through post offices. This would help effective implementation of the scheme in rural areas, he said. Raja said all the 1.60 lakh post offices across the country would be computerised in a phased manner. In the first phase, Rs 40 crore has been sanctioned and under this phase and one region would be computerised in every circle of the department. At a function to mark the upgradation of a sub-post office into Head Post Office at Perambalur, Raja said a full- fledged complex would be constructed for the post office at an outlay of Rs two crore. A new building would also come up at Thuraiyur Head Post Office in Tiruchirappalli district at a cost of Rs 1 crore.
Source: Times News Network
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