Stamp Depository functioning well | Daily News


Stamp Depository functioning well

Information and Communication Technology Minister Lakshman Yapa Abeywardane made an inspection tour to the Stamp Depository in Narahenpita yesterday.

Addressing the media after the inspection tour,  State Minister Abeywardane said the Post Master General has taken several measures to maintain the Stamp Depository in a proper manner.

A special system has also been implemented to reduce fraud and corruption.

The State Minister stressed the importance of taking necessary measures to sell old stamps and first day covers currently stored in the depository without being a trouble to the business community currently engaged in this business.

He added that there is a huge demand for old stamps and First Day Covers in Sri Lanka. He further stressed the importance of functioning government institutions as profit making institutions without being a burden to the Treasury.

The Stamp Depository is an institution under the supervision of the Postmaster General. It engages in receiving stamps in bulk and issuing stamps and managing stamps bulk in the store under supervision without any shortage is done by the Postal Department’s Stamps Depository. Insertion on bulk data, networking the information and making inventories are also done at the Stamps depository.

“Around 300 million stamps are printed annually for letters exchanged per year locally and to foreign countries. Out of this, 240 million stamps is allocated for fixed category stamps used daily in post offices and 60 million allocated for memorial category stamps. Printing and distributing of stamps for 653 post offices and 3,410 sub post offices are made by the Philatelic Bureau and its affiliated stamps depository,” sources said.

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