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With eye on 2019 polls, Modi govt allows CSCs to offer banking services

Highlighting the importance of CSCs in the NDA government's scheme of things, Modi is set to address the VLEs on June 15 to deliberate on Digital India

villagers, accounts, micro-finance
premium

Kiran Rathee New Delhi
As the government looks to tap rural voters in the general elections next year, it has announced that all common service centres (CSCs) in the country will act as banking correspondents. Going forward, it may also open extension branches of banks at the CSCs.

CSCs, which work under the public private partnership (PPP) model, are one of the mission mode projects under the Digital India programme. There are about 290,000 CSCs across the country. Village-level entrepreneurs (VLEs) run the centres to provide essential public utility services, social welfare schemes, healthcare, financial, education and agriculture services, apart from host of B2C