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FinMin's special campaign in seven districts to deepen financial inclusion

Campaign will work to achieve saturation in respect of bank accounts, insurance/pension schemes; distribution of loans to FPOs, SHGs for setting up cold-chain infra, KCC penetration, among other thing

Finance Ministry, Ministry of Finance
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The Reserve Bank of India’s Financial Inclusion Index improved to 56.4 this March, from 53.9 a year ago

Nikesh Singh New Delhi
To further deepen the financial inclusion (FI) framework, the Finance Ministry will organise a special campaign from October 15 to November 26 at the Gram Panchayat (GP) level in seven districts across India.

The districts include Cuttack, Odisha; Aurangabad, Maharashtra; Pune, Maharashtra; Kakinada, AP; Kaushambi, UP; Datia, MP; and Barpeta, Assam. 

The campaign will focus on achieving saturation in respect of bank accounts, insurance/pension schemes for eligible individuals, and distribution of loans to Farmer Produce Organisations (FPOs), SHGs (Self Help Groups) for establishment of Cold-Chain infrastructure.

It will also work on expanding the coverage of MUDRA (Micro Units Development & Refinance Agency Ltd),