Post office Franchise scheme | Post Office Franchise Bussines

Post Office Franchise Bussines: Regarding the postal franchise scheme, Assistant Postmaster Rajesh Sharma said that the post office can be our source of income. This requires neither extra capital nor a degree diploma. An eighth grader can also set up a post office as a source of income. According to an estimate a person can earn 50 thousand per month with Post Office Franchise.

Post office Franchise scheme | Post Office Franchise Bussines

There are two types of post office franchises.  You can open a franchise outlet or earn money by becoming an agent. Where the post office does not have its own network, but there is a need for postal service, then the franchise model can be started there. At the same time, agents of India Post roam around and earn with the help of commission on the postal service.  These agents can sell stamps.

What can be offered by a Franchise outlet?

• Sale of stamps and stationery.
• Booking registered articles, speed post articles, money orders.
• Functioning as an agent for Postal Life Insurance (PLI) and providing related after-sales services, including a collection of premiums.
• Retail services like bill/tax/fine collection/payment services of the Department.
• Facilitating the provision of e-governance and citizen-centric services.
• Any other service introduced by the Department in future through its outlets.

How to Become a Franchisee?

Applicants for franchises would need to submit an application in a prescribed format. The selected franchisee will sign a Memorandum of Agreement with the Department. Criteria for selection have been fixed considering the need to select persons with the capacity to manage and market a range of products, along with a sense of the community needs and public aspects of the job, and willingness to accept technological options. In order to apply for the Post Office Franchise, interested candidates can submit their Valid and complete documents with an Application form.

Official PDF

Read In Gujarati

To open a franchise, the divisional head has to enter the application.  A reply will be received within 14 days of receipt of the application.  There is no salary facility in this. Earning with the help of commission based on service

Read More »

STRONG MARKET

Sensex soars 489 points amid strong cues from global markets after US Fed hints at rate cut in near future

• Mumbai: The BSE Sensex rallied 489 points Thursday, driven by gains in banking, healthcare and auto stocks, amid strong cues from the global markets after the US Federal Reserve hinted at a rate cut in the near future.

• After gyrating over 700 points during the day, the BSE gauge settled 488.89 points, or 1.25 percent, higher at 39,601.63. The index hit an intra-day high of 39,638.64 and a low of 38,933.78.

• Similarly, the broader NSE Nifty closed 140.30 points, or 1.20 percent, higher at 11,831.75. During the day, the index touched a high of 11,843.50 and a low of 11,635.05.

• Yes Bank was the biggest gainer in the Sensex pack, rallying 10.94 percent.

• Other gainers included Sun Pharma, IndusInd Bank, L&T, ICICI Bank, Maruti, Bajaj Auto, Tata Motors and ONGC, rallying up to 4.01 percent.

• HUL, HDFC Bank, ITC and NTPC were the only losers in the index, shedding up to 0.26 percent.

• Meanwhile, shares of Jet Airways witnessed a massive rebound, ending 93 percent higher, after tanking nearly 90 percent in the past 13 sessions.

• According to experts, domestic investors took cues from firm global markets that rallied after the US Federal Reserve's policy outcome.

• The US central bank Wednesday left the interest rates unchanged, but indicated it will not hesitate to cut rates to boost the economy amid growing uncertainties.

• Bourses in Shanghai, Hong Kong, Tokyo and Seoul ended significantly higher. Equity markets in Europe too were trading in the green in early deals.

• Hopes of a breakthrough in US-China trade talks too boosted global investor sentiment, traders said.

• On the currency front, the Indian rupee appreciated 11 paise to 69.57 against the US dollar intra-day.

• Brent crude futures, the global oil benchmark, rose 2.67 percent to $63.47 per barrel amid a flare up in geopolitical tensions in the Middle East.

Read More »

Top 10 Businessmen of INDIA

Mukesh Dhirubhai Ambani

Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian businessman, the chairman, managing director, and largest shareholder of Reliance Industries Limited (RIL), a Fortune Global 500 company and India's most valuable company by its market value. According to Forbes magazine, he is the richest man in Asiaand the 13th richest person in the world as of March 2019.


Azim Hashim Premji

Azim Hashim Premji (born 24 July 1945) is an Indian business tycoon, investor, and philanthropist, who is the chairman of Wipro Limited. He is informally known as the Czar of the Indian IT Industry. He was responsible for guiding Wipro through four decades of diversification and growth to finally emerge as one of the global leaders in the software industry. In 2010, he was voted among the 20 most powerful men in the world by Asiaweek. He has twice been listed among the 100 most influential people by TIME Magazine, once in 2004 and more recently in 2011.


Lakshmi Niwas Mittal 

Lakshmi Niwas Mittal (About this soundpronunciation (help·info); born 15 June 1950) is an Indian steel magnate, based in the United Kingdom. He is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. Mittal owns 38% of ArcelorMittal and holds an 11% stake in Queens Park Rangers F.C..


Kumar Mangalam Birla

Kumar Mangalam Birla (born 14 June 1967) is an Indian billionaire industrialist, and the chairman of the Aditya Birla Group, one of the largest conglomerates in India. He is also the chancellor of the Birla Institute of Technology & Science, and the chairman of the Indian Institute of Technology Delhi and Indian Institute of Management Ahmedabad.


Dilip Shanghvi 

Dilip Shanghvi (born 1 October 1955) is an Indian billionaire businessman and one of the country's richest people. He founded Sun Pharmaceuticals. The Government of India awarded him the civilian honour of the Padma Shri in 2016. India Today magazine ranked him #8th in India's most powerful people of 2017 list.


Gautam Shantilal Adani 

Gautam Shantilal Adani (born 24 June 1962) is an Indian billionaire industrialist who is the chairman and founder of the Adani Group -- an Ahmedabad-based multinational conglomerate involved in port development and operations in India. Adani is the president of the Adani Foundation, which is primarily led by his wife, Priti Adani.


Cyrus S. Poonawalla

Cyrus S. Poonawalla is an Indian businessman, the chairman of Poonawalla Group, which includes Serum Institute of India, the Indian biotech company that manufactures paediatric vaccines. He is not related to Tehseen Poonawalla and Shehzad Poonawalla.


Uday Kotak

Uday Kotak (born 15 March 1959) is an Indian billionaire banker, and the executive vice chairman and managing director of Kotak Mahindra Bank.

In early 1980s, while India was still a closed economy and economic growth was muted, Kotak decided to start out on his own, refusing a lucrative job option from a multinational. Over the next few years, he diversified his business into various areas of financial services, establishing a prominent presence in bills discounting, stockbroking, investment banking, car finance, life insurance and mutual funds. On 22 March 2003, Kotak Mahindra Finance Ltd. became the first company in India’s corporate history to receive a banking license from Reserve Bank of India.


Sunil Bharti Mittal 

Sunil Bharti Mittal (born 23 October 1957) is an Indian billionaire entrepreneur, philanthropist and the founder and chair of Bharti Enterprises, which has diversified interests in telecom, insurance, real estate, education, malls, hospitality, agri and food besides other ventures. Bharti Airtel, the group's flagship company is one of the world's largest and India's second largest telecom company with operations in 16 countries across Asia and Africa with a customer base of over 390 million. Bharti Airtel clocked revenues of over US$14.75 billion in FY2016. He is listed as the 8th Richest person in India by Forbes with a Net worth of $8.3 Billion.


Anil Dhirubhai Ambani

Anil Dhirubhai Ambani (born 4 June 1959) is an Indian businessman. He is the chairman of Reliance Group (also known as Reliance ADA Group), which was created in July 2006 following a demerger from Reliance Industries Limited. He leads a number of stock listed corporations including Reliance Capital, Reliance Infrastructure,Reliance Power and Reliance Communications. As of February 2019, Ambani's net worth was $1.7 billion. According to Forbes magazine, in 2006, he was the 6th richest person in the World.

Read More »

The government will give 10,000 rupees each month to the people who open the account in the Jandhan Yojna, fill the form today itself

The government will give 10,000 rupees each month to the people who open the account in the Jandhan Yojna, fill the form today itself

New Delhi: If you are waiting for 15 lakhs from the Modi Government, then this news is for you.

The Modi government will give you 15 lakhs each, not 10 thousand rupees per month. That too under the Atal Pension Scheme. Yes, if you want to take advantage of this facility then fill the APY form today. Money will come to your current account.

The Government is considering a proposal to increase the pension limit to 10,000 rupees per month under the Atal Pension Scheme (APY). Its current slab is Rs 5,000 per month. This information was given by Joint Secretary Madesh Kumar Mishra in the Financial Services Department here at a conference organized by the PFRDA here. He said that there is a need to increase the pension value under the API. Mishra gave different information on the occasion of the program that we have seen the proposal to increase the pension value to Rs. 10,000 (sent by PFRDA). We are actively considering this.

The Modi government will give you 15 lakhs each, not 10 thousand rupees per month. That too under the Atal Pension Scheme. Yes, if you want to take advantage of this facility then fill the APY form today. Money will come to your current account.

The Government is considering a proposal to increase the pension limit to 10,000 rupees per month under the Atal Pension Scheme (APY). Its current slab is Rs 5,000 per month. This information was given by Joint Secretary Madesh Kumar Mishra in the Financial Services Department here at a conference organized by the PFRDA here. He said that there is a need to increase the pension value under the API. Mishra gave different information on the occasion of the program that we have seen the proposal to increase the pension value to Rs. 10,000 (sent by PFRDA). We are actively considering this.

CLICK HERE TO READ NEWS IN  HINDI

Read More »