India Post offers Express Parcel and Business Parcel services

India’s Department of Post (DoP) has launched two new parcel services namely ‘Express Parcel’ and ‘Business Parcel’. India Post aims to generate revenue of Rs 100 crore from these services.

  1. Express Parcel: It is an air mail service for retail and bulk customers under which parcel will be shipped through airlines. India Post has fixed service charge for Express Parcels in the range of Rs.30 (local service) to Rs.80 (for delivery in other state) for items weighing up to Rs.500 gram. It will charge Rs. 8 to Rs.20 for additional 500 gram up to 5 kg and Rs.10 to Rs.22 for every additional 500 gm thereafter. This service will be initially available between 20 identified cities—Agra, Bangalore, Bhubaneshwar, Chennai, Delhi NCR, Patna, Guwahati, Hyderabad, Indore, Jaipur, Jammu, Kolkata, Lucknow, Ludhiana, Mumbai, Pune, Parwanoo, Shillong, Surat and Thiruvananthapuram.
  2. Business Parcel: It is a contractual service, designed to suit requirement of business customers for an economical and reliable distribution solution. It will provide an economical distribution solution to its customers using surface transmission modes. Customers will have to pay in the range of Rs.45 to Rs.115 for items weighing up to 2 kg, Rs.12 to Rs.30 for additional 1 kg up to 5 kg and Rs.14 to Rs.32 thereafter for every 1 kg. This service will have nationwide coverage.

Parcels booked under both the services will be delivered at most in 72 hours.

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Categories: Business & Economy Current Affairs 2017India Current Affairs 2017

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