More

    Finance Ministry Holds Meet on Financial Inclusion with Private Sector Banks

    GovernanceE-governanceFinance Ministry Holds Meet on Financial Inclusion with Private...
    - Advertisment -

    Finance Ministry Holds Meet on Financial Inclusion with Private Sector Banks

    Dr. Vivek Joshi emphasised the importance of financial inclusion programmes in providing basic financial services in reaching the last mile and also exhorted banks to organise financial literacy camps so that awareness about various financial inclusion schemes.

    Dr. Vivek Joshi, Secretary, Department of Financial Services (DFS), Ministry of Finance, chaired a review meeting on the progress and performance of Financial Inclusion Schemes, including PM SVANidhi, PM Vishwakarma and Jan Samarth Portal with senior executives of Private Sector Banks, in New Delhi today.  

    During the meeting, Dr. Joshi reviewed the progress under various Financial Inclusion schemes including Pradhan Mantri Jan Dhan Yojana (PMJDY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana (APY), Pradhan Mantri Mudra Yojana (PMMY), Stand Up India, PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi), PM Vishwakarma, etc. He also reviewed the progress of opening of brick and mortar branches of banks and deployment of Banking Correspondents (BCs) in unbanked villages.

    The DFS secretary underlined the significant progress made in expanding social security and deepening financial inclusion in the country through various flagship schemes of the Government. He discussed in detail the progress made by private banks for deepening of Financial Inclusion and urged them to increase their participation in financial inclusion schemes.

    He exhorted private banks to give more thrust on serving the marginalised sections of the society and fulfilling their banking needs. A detailed presentation on features of Jan Samarth portal was also made, in which Dr. Joshi highlighted the importance of Jan Samarth portal that presents information of credit-linked schemes of the government on a single platform. The platform improves customer experience and assist banks in acquisition of customers.

    - Advertisement -

    During the meeting, Dr. Joshi emphasised the importance of financial inclusion programmes in providing basic financial services in reaching the last mile and also exhorted banks to organise financial literacy camps so that awareness about various financial inclusion schemes, including Jan Suraksha schemes may be spread across various sections of society.

    - Advertisement -

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest news

    World-Class Education Key to Making India a Developed Nation by 2047: NITI Aayog

    The report is based on extensive discussions with state government officials from over 20 states and union territories, vice-chancellors and senior academics from 50 SPUs, and chairpersons of several state higher education councils.

    Google’s Willingness to Develop AI for Weapons Raises Concerns: Human Rights Watch

    Google’s revised Artificial Intelligence (AI) policy signals a worrying shift in the company’s stance on the development of AI for military applications, Human Rights Watch (HRW) has warned.

    In the Lok Sabha: Government Committed to Addressing Climate Change, Says Minister

    The Ministry of Environment, Forest & Climate Change (MoEFCC) has launched several schemes targeting pollution control, afforestation, biodiversity conservation, and sustainable resource management.

    Closing in on an End to Plastic Pollution

    We need to think innovatively regarding chemicals of concern, taking inspiration from existing agreements that protect us from harmful chemicals.
    - Advertisement -

    WFP, FAO Warn of the Severity of the Climate Crisis and Food Insecurity

    Global temperatures are likely to reach 2°C by 2045. It is estimated that this will trigger a rise in sea levels by several meters, the melting of polar caps, and irreversible damage to critical ecosystems around the world.

    The Challenge of the “Carbon Aristocracy”

    According to Oxfam, the world’s richest 1 per cent are responsible for 15 per cent of global emissions. This class is mostly made up of millionaires, who now total nearly 60 million globally and are projected to grow in number to over 65 million by 2028

    Must read

    World-Class Education Key to Making India a Developed Nation by 2047: NITI Aayog

    The report is based on extensive discussions with state government officials from over 20 states and union territories, vice-chancellors and senior academics from 50 SPUs, and chairpersons of several state higher education councils.

    Google’s Willingness to Develop AI for Weapons Raises Concerns: Human Rights Watch

    Google’s revised Artificial Intelligence (AI) policy signals a worrying shift in the company’s stance on the development of AI for military applications, Human Rights Watch (HRW) has warned.
    - Advertisement -

    More from the sectionRELATED
    Recommended to you