Thursday, 16 August 2018

India Post Payments Bank launch by PM Modi on Aug 21 to be a grand affair

The IPPB, which has already been delayed by several months, is currently running pilot services in Raipur and Ranchi
IPPB, India Post Payments Bank
The launch of the much-delayed India Post Payments Bank (IPPB) promises to be a grand affair. Prime Minister Narendra Modi will do the honours in Delhi’s Talkatora stadium along with Communications Minister Manoj Sinha on August 21. Simultaneous launches are also being planned across all the 650 districts of the country and a schedule for the same is being drawn up.
The importance of the launch can be gauged from how ministers have been asked to inform the Prime Minister’s Office and take prior permission before leaving the country on August 21. In case a minister wishes to leave the country, separate arrangements need to be made, sources clarified.

India Post Payments Bank

The launch in the districts will be done by the local Member of Parliament (MP) or minister and in those constituencies where the Bharatiya Janata Party (BJP) MPs are not present, a strong BJP leader will do the needful.
Electronics and Information Technology Minister Ravi Shankar Prasad is going to Kolkata for the unveiling. Sources said he is interested in Patna since the local BJP MP Shatrughan Sinha has not evinced any interest. Bihar Deputy Chief Minister Sushil Modi is likely to conduct the programme in Patna.
Prasad was set to leave for Argentina on the, morning of August 21. Instead he will leave on the night of August 21 from Kolkata.
The stadium in Delhi is set to host over 1,500 people, including postal employees, members of the direct benefit transfer mission, banks, etc. This is purported to be one of the biggest launches in the country.
Read Story : BS

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