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Postal dept may exploit real estate commercially: Jyotiraditya Scindia

The Department of Posts is planning to commercially develop its prime real estate holdings to boost revenue. Communications Minister Jyotiraditya Scindia stated that the initiative aims to transform the 1.6 lakh post office network into a profit center. The department is currently assessing its properties, verifying title papers, and identifying potential development sites before engaging a developer.