1. Do you think NICT should take up PBI offer? Answer: Yes. Because of the following reasons:
Large organisation- PBI
India Post had always been a vehicle for inclusive growth
Financial benefits to over 22 million people under the NREGA project – project – a a social service scheme.
Fit into the business model of NICT
Sustainable social intervention
Regular employment and pay for the CSC VLEs.
Empowerment Empowerment of the rural population through financial inclusion.
Probable outcomes: Harnessing scale economies, monopoly over technology in core banking services If the offer is rejected, then NICT will loss revenue and PBI may create substitute mechanisms which may be adopted by SBI and BOI.
Content and process of building core competencies: Risk taking
Core analytic framework: Decision making pasture Competency and capabilities based scale economies:
Accept
Reject
Disadv.
Corruption and inefficiency
Substitute mechanism
Adv.
Growth, rural employment
Stability
Infrastructure Infrastructure and work culture
Serendipity vs planning based success:Growth if success else may result into failure
Scope economies based diversification strategies: Inclusive growth all over India
2. What are ramifications with respect to SBI & BOI if it takes up PBI offer? Answer:
Inefficiencies and corruptions in NICT
PBI might unduly dictate terms against its current clientele like SBI, BoI etc
PBI workload might constrain NICT’s flexibility to offer a diverse service portfolio affecting its ecosystem and reputation
