Secretary Vivek Joshi Reviews Financial Inclusion Schemes in New Delhi
Vivek Joshi, Secretary at the Department of Financial Services (DFS), chaired a review meeting in New Delhi to discuss the progress and performance of various financial inclusion schemes. The meeting included senior executives from private sector banks.
Key Schemes Reviewed
During the meeting, Joshi reviewed the progress of several schemes:
- Pradhan Mantri Jan Dhan Yojana (PMJDY)
- Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
- Pradhan Mantri Suraksha Bima Yojana (PMSBY)
- Atal Pension Yojana (APY)
- Pradhan Mantri Mudra Yojana (PMMY)
- Stand Up India
- PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi)
- PM Vishwakarma
He also reviewed the opening of new bank branches and the deployment of Banking Correspondents (BCs) in unbanked villages.
Emphasis on Financial Inclusion
Joshi noted the progress in expanding social security and deepening financial inclusion through these schemes. He urged private banks to increase their participation and focus on serving marginalized sections of society. A detailed presentation on the Jan Samarth portal was also made, highlighting its role in improving customer experience and assisting banks in acquiring customers.
Importance of Financial Literacy
Joshi emphasized the importance of financial inclusion programs in providing basic financial services to the last mile. He also asked banks to organize financial literacy camps to raise awareness about various financial inclusion schemes.