« Indian Manufacturers Introduce Hydrogen and Hybrid Vehicles | Main | China Internet users hit 111 million in 2005 »
January 17, 2006
India to introduce electronic stamps
Amid shortage of stamp paper, Indian government is planning a nation-wide intorduction of e-stamp facilities in the country. The Indian postal service will allow certain financial institutions including banks to produce electronic stamps.
A concept paper on e-stamping has been prepared by the Stock Holding Corporation of India. Payments —in the case of e-stamping — can be done through banks or credit cards. The proof of payment can be attached to the document. Details are still being worked out, even as many states have indicated their willingness to adopt e-stamping.
Posted by admin at January 17, 2006 05:43 AM