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Enhance coverage of scheduled castes in all schemes: FM Nirmala Sitharaman

The FM was chairing the performance review of PSBs on credit and other welfare schemes for scheduled castes

Union Finance Minister Nirmala Sitharaman
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Union Finance Minister Nirmala Sitharaman

Nikesh Singh
Finance Minister Nirmala Sitharaman on Tuesday advised public sector banks (PSBs) to enhance the coverage of scheduled castes (SCs) in all schemes. She also called for looking into their needs for capacity building and entrepreneurship development.

She also asked banks to fill the remaining vacancies in a time-bound manner.

“There are improvements required to be carried out in all the schemes like the Credit Enhancement Guarantee Scheme for Scheduled Castes (CEGSSC) and Venture Capital Fund (VCF), among others. It may be taken up by the Department of Financial Services (DFS) after discussion with agencies like the Dalit Indian Chamber of