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Swati Luthra

DFS Secretary chairs review meeting with LDMs and SLBC convenors

Department of Financial Services (DFS) Secretary Vivek Joshi with India Infrastructure Finance Company Ltd. (IIFCL) Managing Director PR Jaishankar at the National Summit on 'Infrastructure Development Finance-The Road Ahead', at Silver Oak, India Habitat Centre, Lodhi Road, in New Delhi on Thursday. (ANI Photo) (Sanjay Sharma)

During the meeting, the progress of 112 Aspirational Districts under Targeted Financial Inclusion Intervention Programme (TFIIP) was discussed in detail. “The progress of 10 selected districts under Utkarsh programme was also reviewed," the Ministry of Finance said.

Joshi appreciated the efforts of SLBCs and LDMs in furthering the drive of Financial Inclusion in the country. He also requested LDMs and SLBC convenors to utilize the next six months with renewed vigor and zeal to achieve the set milestones.

“During the review meeting, it was impressed upon the banks to work on further increase credit penetration in these districts and ensure availability of at least one banking outlet within 5 km of all inhabited villages," the ministry added.

Banks were also requested to run financial literacy camps in villages with the help of Panchayati Raj institutions to further improve the performance of financial inclusion schemes. A reward and recognition program for performing districts and SLBCs was also discussed.

The review meeting was also attended by senior officials of NITI Aayog, Panchayati Raj, and DFS.

ABOUT THE AUTHOR

Swati Luthra

Swati Luthra writes on climate change, water, environment and forest issues for Mint. A graduate in Psychology, Swati has been mapping India’s policy initiatives to help meet the pledges made at CoP-26 including achieving net-zero carbon emissions by 2070.
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