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The acting Finance Minister Shri.Pranab Mukherjee while presenting the interim budget in Parliament on 16.2.09 said that the department of Posts will get Rs.620 crore to carry out allround development and repositioning through technology induction and entreprenerial mangement and added that the government plans to make post offices the hub of financial services and as a move in that direction it plans to set up 100 financial marts and 500 franchise outlets. "The aim is to effectively utilise network and reach for providing value added services through linkages with various agencies, organisations, especially for delivery of social security scheme," the minister said.
He said 5,000 Post Offices are targdted for computerisation and networking. Also, 100 more branch offices, along with 50 sub post offices, would be opened in 2009-10.
The north eastern region is also poised to get a boost as out of the Rs.620 crore total outlay, Rs.62 crore would go to the region, he said.
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