Mumbai, Jan. 8 -- Ministry of Rural Development (MoRD) and the Department of Posts signed a Memorandum of Understanding (MoU) to institutionalize convergence for expanding financial services, logistics, and market access in rural areas. The partnership gives concrete shape to the Union Budget 2025 vision of repositioning India Post as a key driver of rural economic transformation. Under the MoU, Deendayal Antodaya Yojana-National Rural Livelihoods Mission, Ministry of Rural Development, will promote adoption of savings, deposits, insurance, and pension products of India Post among SHG households. The Mission will identify and nurture SHG women as Business Correspondents (BC Sakhis), facilitating their training, certification, and deployme...
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