Budget 2025: India Post to be turned into large logistic body with 1.5 lakh rural post offices

Budget 2025: India Post will be transformed into a large public logistics organisation, finance minister Nirmala Sitharaman said presenting Budget 2025 Saturday.

“India Post, with 1.5 lakh rural post offices, and complemented by India Post payment bank and a vast network of 2.4 lakh dak sevaks, will be repositioned to act as a catalyst for the rural economy,” the FM said.

A few years ago, India Post had been digitised to provide banking services to the poor in rural regions and boost financial inclusion.


She also announced the government's plan to set up a urea plant with a 12.7 lakh tonne capacity in Assam.

Further, the finance minister announced the enhancement of investment and turnover limit.

With quality products, she said, MSMEs (micro, small and medium enterprises) are responsible for 45 per cent of our exports.

Presenting the 14th consecutive Budget under the Narendra Modi-led government since 2014, the finance minister said the government will enhance credit guarantee cover for MSMEs to improve credit access.

On the rural economy, Sitharaman said the Centre will provide support to the National Cooperative Development Corporation for lending operations.