Inoperative and matured accounts in post-offices
There is huge unclaimed money lying deposited in post-offices with even many account-holders and depositors died without having informed their legal heirs. There are always chances of frauds (like in banks) that some mischievous persons in connivance with certain postal-employees may try to grab such unknown deposits. Department of Posts should send letters by registered post in name of such account-holders and depositors not having operated their accounts and claimed for maturity-amounts of deposits in last say three years giving them a reasonable period of say three months to either renew their accounts or deposits. Otherwise all such unclaimed money may be frozen in some fixed account, which may be allowed to be withdrawn only after careful verification. Details of all such accounts the...