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| Outreach activities of RBI reach Aghar Jitto | | Financial Inclusion Programme: Issuing of Smart Cards organized | |
Early Times Report
Jammu, September 29: As part of financial inclusion and awareness drive the Reserve Bank of India, Jammu office has organized an outreach programme at village Aghar Jitto, district Reasi on September 29.
The programme was presided over by Arnab Roy, regional director for Jammu & Kashmir.
Speaking on the occasion, Roy stated the Platinum Jubilee Year (2009-10) of RBI was celebrated in different ways but the most enduring part was the outreach programmes at far flung villages, mostly unbanked, in the country and in which the top management of the RBI participated to reach out to the common man.
The outreach programme which started in the Platinum Jubilee Year was being continued with an aim to deepen the penetration of financial inclusion and expand the coverage of financial services to all sections and all regions of the country in a meaningful way, particularly to those at the bottom of the economic pyramid and for achieving inclusive growth.
Roy stated that Aghar Jitto village was one of the 3 model villages chosen by RBI for outreach activities in the state for 100 % financial inclusion during 2010-11 by using Information Communication Technology (ICT) for issuance of smart cards through the Banking Correspondent (BC) model.
The main aim was to achieve the objective of financial inclusion and proving doorstep banking services to the rural poor, small and marginal farmers, people of small means, women, etc. He further explained to the gathering that the biometric smart cards are very safe and have inbuilt security features for secured transactions and the card holders would get receipt for each transaction.
On the occasion Roy and other dignitaries also distributed smart cards issued by J & K Bank and witnessed the activation / transactions through smart cards not only for the common villagers but also for the NREGA beneficiaries. He also interacted with some of them while distributing smart cards and clarified their doubts.
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