Postal dept incurs loss of Rs 7/postcard and Rs 4.93/inland letter

New Delhi, Aug 5 (KNN) Department of Posts incurred a loss of Rs 7.03 per post card and Rs 4.93 on every inland letter in 2013-14, Parliament was informed today.

"Losses are being incurred on every post card and inland letter. As per the cost allocated for the year 2013-14, loss on post card and inland letter was Rs 7.03 and Rs 4.93, respectively," Minister of Communications and Information Technology Ravi Shankar Prasad said in a written reply to the Lok Sabha.

The minister said that traffic of inland letters and letters has also increased after two years of decline.

In 2011-12 and 2012-13, there was a 3.3 per cent and 5.2 per cent fall in traffic of inland letters, while the same grew 1.1 per cent to Rs 87.45 crore in 2013-14.

Similarly, for letters, the traffic declined 6.3 per cent in 2011-12 and 2.7 per cent in 2012-13. The traffic grew 3.1 per cent to Rs 208.72 crore in 2013-14.

Speed post traffic grew 14.8 per cent in 2011-12, fell 17.8 per cent in 2012-13 and came back to growth in 2013-14 with 7.8 per cent rise in traffic to Rs 39.87 crore. (KNN Bureau)