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Home CITY & TOWNS

DDC finalises action plan for implementation of financial inclusion campaign in Srinagar

KI News by KI News
February 15, 2020
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DDC finalises action plan for implementation of financial inclusion campaign in Srinagar
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SRINAGAR, FEBRUARY 14: To finalise the action plan for implementation of the financial inclusion outreach programme of the government, a special district level review committee meeting was held here Friday.

The meeting held under the chairmanship of District Development Commissioner Srinagar Dr Shahid Iqbal Choudhary discussed the plans for coverage of all farmers identified under the Pradhan Mantri Kisan Samman Nidhi or PM-KISAN scheme in the district under the Kisan Credit Card or KCC scheme.

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It is informed that Rural Development, Agriculture and Horticulture departments will reach out to PM-KISAN beneficiaries in the district – which add up to total of 11,475 beneficiaries – and ensure that all eligible beneficiaries are covered under the KCC scheme.

It was said that a mechanism has been set up at Lead Bank Srinagar to monitor tracking progress of enrolments under the KCC scheme in the district. Giving details it was informed that currently there are 3157 KCCs active in the district.

It was informed that special camps will be organised at various places for reopening of KCC accounts in the district.

The meeting also discussed plans for enrolments under the Pradhan Mantri Suraksha Bima Yojna or PM-SBY and Prandhan Mantri Jeevan Jyoti Bima Yojna or PM-JJBY.

It was informed that total targets set under these schemes in the district include 9936 under PM-SBY and 9720 under PM-JJBY adding that each business unit of a bank has been assigned targets of 46 enrolments under the former and 45 enrolments under the latter.

It was said that the Lead Bank and FLCCs will hold 50 awareness camps across the district as part of enrolment efforts under these schemes adding that all business units of all banks will also hold similar awareness camps.

It was also informed that the Rural Development Department in coordination with concerned Sarpanchs and banking correspondents will source applications for registration under these schemes.

The meeting also reviewed enrolments under the Atal Pension Yojna or APY scheme in the district. It was informed that total enrolments targeted under it include 10,800 adding that each business unit of a back has been assigned a target of 50 enrolments.

The DDC while speaking on the occasion highlighted the benefits of government’s financial inclusion outreach programme launched recently and emphasised the importance of achieving hundred percent enrolments under all these scheme.

Dr Shahid directed all the concerned agencies and departments to coordinate and ensure full coverage of beneficiaries within the stipulated deadlines.

The meeting also discussed other relevant areas including extension of banking services to all unbanked areas and opening of new banking outlets in the district. It was informed that efforts are already underway in this regard.

Officers from all departments and financial institutions of the district attended the meeting. Joint Director Planning and Lead Bank Manager were also present.

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Kashmir Images is an English language daily newspaper published from Srinagar (J&K), India. The newspaper is one of the largest circulated English dailies of Kashmir and its hard copies reach every nook and corner of Kashmir Valley besides Jammu and Ladakh region.

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