Officials monitor implementation of PMJDY

A CORRESPONDENT

SHILLONG, April 11: Prime Minister’s Jan Dhan Yoja (PMJDY) a Fincial Inclusion thrust of the Government of India was launched all across the country on August 26 last year, including Meghalaya.

In order to monitor the level of implementation of PMJDY, an official of the Ministry of Fince Dr Alok Pande, Director (FI) (Department of Fincial Services) visited Meghalaya on April 10 and 11. He inspected the working and activity level of various Customer Service Points (CSPs) and Banking Correspondents (BCs) in Jorabat, Nongpoh, yabunglow in Ri-Bhoi district and 3rd Mile and Cherrapunjee in East Khasi Hills district, besides interacting with the CSP personnel and BCs in order to improve their functiolity and services.

A Mega Fincial Literacy camp was also organized by the State Bank of India (SBI) at Umran Niangbyri, Ri-Bhoi district on April 11 which was attended by a large number of people from the nearby villages.

Dr Alok Pande spoke of the importance of the new initiative of PMJDY and the benefits associated with Fincial Inclusion and Fincial Literacy, especially for the rural people, who are often detached or excluded from the mainstream fincial facilities of Banking, Insurance and Social Security.

The role and importance of CSPs and BCs in delivering the benefits of PMJDY was reiterated in the camp.

Village Umran Niangbyri has been 100 percent covered by State Bank of India Kisan Credit Card (KCC) loans, with loans disbursed to all eligible borrowers of the village, which in itself is a great milestone in Fincial Inclusion.

Besides Dr Alok Pande, senior officials of the State Bank of India, Reserve Bank of India, and the local Dorbar Shnongs also participated in the Fincial Literacy Camp at Umran Niangbyri.