Lok Sabha Question No. 2430 (UNSTARRED), answered on 2022-03-16
Subject: Core Banking System
Ministry: COMMUNICATIONS
Asked by: Kripanath Mallah, C. Lalrosanga

## GOVERNMENT OF INDIA MINISTRY OF COMMUNICATIONS DEPARTMENT OF POSTS

## LOK SABHA UNSTARRED QUESTION NO. 2430 TO BE ANSWERED ON 16 TH  MARCH, 2022

## CORE BANKING SYSTEM

## 2430.   SHRI KRIPANATH MALLAH: SHRI C. LALROSANGA:

Will the Minister of COMMUNICATIONS be pleased to state:

- (a) whether the Government has planned to bring post offices under the core banking system across the country and if so, the details thereof including Assam;
- (b) the details of the funds estimated therefor;
- (c) the details of the targets set and the time by which it is likely to be made operational;
- (d) whether it is true that 1.5 lakhs post offices will come under core banking system enabling financial inclusion and access to accounts through net banking, mobile banking, ATM etc. and if so, the details thereof;
- (e) the details of the number of such post offices to be modernised in the North East Region (NER), State-wise break-up; and
- (f) whether it will help the  rural  and  remote  areas  of  NER  specially  in  difficult  terrain  of Mizoram, Arunachal Pradesh and Sikkim, and if so, the details thereof?

## ANSWER

## MINISTER OF STATE FOR COMMUNICATIONS (SHRI DEVUSINH CHAUHAN)

(a) to (d) Yes Sir, the Government has planned to bring all the post offices under the core banking system across  the  country.  Out  of  a  total  of  1,58,526  post  offices  across  the  country 1,52,514 post offices have already been brought under the core banking system. In Assam, 3,905 post offices out of 4,011 post offices have been brought under core banking system.

An amount of Rs. 703.58 Crore has been earmarked under the IT Modernization Project 1.0 Plan Scheme of the Department for core banking solution and core insurance solution.

The  Department  is  working  to  bring  all  post  offices  under  core  banking  system  by 31.12.2022.

(e) The number of post offices to be modernized on core banking system in the North East Region is as follows.

| State             |   Number of post offices to be modernized on core banking system |
|-------------------|------------------------------------------------------------------|
| Assam             |                                                              106 |
| Arunachal Pradesh |                                                              139 |
| Manipur           |                                                              249 |
| Meghalaya         |                                                              250 |
| Mizoram           |                                                               64 |
| Nagaland          |                                                              120 |
| Sikkim            |                                                               13 |
| Tripura           |                                                                5 |

(f) Yes Sir. It will definitely help the people living in rural and remote areas of North East as they can avail all the facilities such as net banking, mobile banking, ATM and interoperable post office accounts facilities etc.

**** ****