CM’s financial inclusion progresses

Posted on by iSikkim | Category: Development Development & Environment Local News | 630 views | 1 Comment

Gangtok: Dec. 15, 2010
The Chief Minister’s financial inclusion program initiated in the state of Sikkim is under progress. Further more it has been learnt that the said program is a government of India program and has been implemented across the nation but the state government here in the state has also implemented the same in the state. With regards to prior implementation in the Sikkim, state government had made a tripartite agreement with the Central Bank of India (CBI), SISCO and Integra Microsoft private limited, a company form Bangalore. Integra would provide all the technical support along with software and hardware facility for proper operation in the state. Integra is also carrying out the survey along with house hold survey.

Chief Manager of CBI Mr. YP Saha said that survey and enrolment has been completed and initially on the pilot basis Ranka block has been selected for inclusion and near about 400 smart cards has also been distributed to the house holds at ranka. Speaking about the aim of the project Saha said that it is to provide banking financial services at the door step of the villagers. The state government will be providing Rs.1000/- as incentives to every villager holding the smart card as declared by CM on Independence Day this year. For every house hold not connected with banking facility there is a provision under this smart card under which all the NREGS transactions, old age pensions or any type of Government payments would be processed using it. Along with that insurance services/ accidental benefit can also be availed. 80 candidates have been selected as banking correspondent who will work with hand hold banking devices.



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