Press Information Bureau
Government of India
Ministry of Communications & Information Technology
10-June-2016 14:41 IST
India Post launches logo and tagline design contest for IPPB on MyGov
The Department of Posts on 10.6.16 launched a logo and tagline design
contest for the soon to be set up India Post Payments Bank on the MyGov
website. The Cabinet has on 1st June 2016, given its nod to the setting
up of the IPPB under the Department of Posts to further financial
inclusion in the country.
Department of Post wants to connect with and involve the people of India
in designing the DNA of the India Post Payments Bank. One of the
guiding principles of the India Post Payments Bank would be cocreating
value propositions and products with its customers and other
stakeholders. The present contest is the first step towards this ongoing
engagement. It has also initiated a nationwide survey to understand the
needs of different segments of customers.
Reward: The contest is open to all Indian citizens, institutions,
agencies and entities for a period of one month, until 9th July 2016.
The best entry will be awarded Rs 50,000/. A panel of eminent designers/
experts will help shortlist 20 best entries which will thereafter be
put up for voting on the MyGov platform for the final selection of the
winner.
About the India Post Payments Bank
The India Post Payments Bank will offer digitally enabled payments,
banking and remittance services of all kinds between entities and
individuals and also provide access to insurance, mutual funds, pension
and credit products in partnership with third party financial service
providers and Banks. It is poised to emerge as the main vehicle of
financial inclusion in the country by bringing the physical reach of
1.55 lakh post offices and a modern payments platform powered by
ubiquitous information and communication technologies together to create
a national payments architecture that can be accessed by all users like
never before. The stakeholders of the India Post Payments Bank within
the Government and outside are looking at this new entity as a catalyst
to social and financial inclusion. The roll out of the IPPB is to be
completed by September 2017.
Source : PIB
