"The government has taken a major initiative for financial inclusion. This will bring about a sea change... this will be a game-changer for common people, more people coming into the banking sector and becoming partners in the financial services is a welcome step," he told reporters, after launching the scheme here.
"It (such a scheme) was long overdue. But at least today because of the initiative taken by the Prime Minister it is happening. People are happy. The feedback we are getting from various states is overwhelming," he added.