The project is divided into two parts two years for implementation and five years of maintenance.
"We will sign agreement with TCS on Monday for computerising counter
operations under core system integration of India Post. Around Rs. 1,400
crore has been earmarked for the project," Department of Post Secretary
P Gopinath told PTI.
The government has approved R. 4,909 crore for phase II of modernisation
of post offices under which the department is gearing up for providing
real time core banking services as well.
The Indian IT companies, which earn major part of their revenues from
foreign markets especially the US and Europe, are betting big on the
domestic government projects.
TCS had also bagged the mission mode e-governance project and Passport
Seva Project from the MEA in October, 2008.Infosys has bagged a
700-crore project that would help India Post transform its banking and
insurance operations cross 1,50,000 post offices in the country. -ndtv
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