Finance Secretary praised Govt Banks for achievement in Financial Inclusion

Dr. Vivek Joshi, Secretary, DFS, had recently chaired a meeting to review the progress of various Financial Inclusion (FI) Schemes viz. PMJDY, PMJJBY, PMSBY, APY, PMMY, SUPI, PMSVANidhi, & PMVishwakarma with the heads of Public Sector Banks along with senior officials of SIDBI & Mudra.

In meeting, DFS Secretary praised public sector banks and requested them to achieve all the targets of financial inclusion.

Dr. Vivek Joshi Chairs Meeting to Review Progress of Financial Inclusion Schemes

Dr. Vivek Joshi, Secretary of the Department of Financial Services (DFS) under the Ministry of Finance, chaired a meeting to review the progress of various Financial Inclusion (FI) Schemes. The meeting was attended by the heads of Public Sector Banks, as well as senior officials from the Small Industries Development Bank of India (SIDBI) and the Micro Units Development and Refinance Agency (MUDRA)

The Financial Inclusion Schemes that were reviewed during the meeting include:

1. Pradhan Mantri Jan Dhan Yojana (PMJDY)
2. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
3. Pradhan Mantri Suraksha Bima Yojana (PMSBY)
4. Atal Pension Yojana (APY)
5. Pradhan Mantri Mudra Yojana (PMMY)
6. Stand Up India (SUPI)
7. Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi (PMSVANidhi)
8. Pradhan Mantri Vishwakarma Vandana Yojana (PMVishwakarma).

During the meeting, the progress made by banks and financial institutions under these schemes was reviewed. The aim of these schemes is to promote financial inclusion and provide social security to various sections of society, including individuals from low-income backgrounds, street vendors, and small businesses.