Finance Minister Nirmala Sitharam said that India Post will be transformed into large public logistic organisation with 1.5 lakh rural post offices to become catalyst for rural economy.
Sitharaman on Saturday made history as she presented a record eighth consecutive budget, which comes in the backdrop of slowdown in economy and demand for tax cuts for middle class.
This will take Sitharaman closer to the record of 10 budgets that were presented by former Prime Minister Morarji Desai over different time periods.
Desai has presented a total of 6 budgets during his tenure as finance minister from 1959 to 1964, and 4 budgets between 1967 and 1969.
With inputs from agencies
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Budget 2025: World’s biggest postal network India Post to turn into ‘public logistics organisation’