FM Nirmala Sitharaman reviews progress of major financial inclusion schemes

FM Nirmala Sitharaman reviews progress of major financial inclusion schemes

Union Finance Minister Nirmala Sitharaman has chaired a high-level meeting to review the implementation and progress of the government’s financial inclusion schemes on Tuesday, May 13.

The meeting focused on a range of initiatives, including Pradhan Mantri Jan Dhan Yojana (PMJDY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Atal Pension Yojana (APY), Pradhan Mantri Mudra Yojana (PMMY), Stand-Up India (SUPI), PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi), PM Vishwakarma, PM Surya Ghar Yojana, Kisan Credit Card (KCC), PM Vidyalakshmi Scheme, and the Credit Guarantee Scheme for Micro and Small Enterprises (CGTMSE).

During the meeting, Sitharaman underscored the need to further strengthen financial inclusion by ensuring the schemes effectively reach the broader population.

The FM also highlighted the importance of improving the customer experience across the country’s banking and financial services ecosystem.

“The Finance Minister emphasised the need to strengthen financial inclusion initiatives by bringing the masses within their ambit and stressed the importance of enhancing customer experience across banking services,” the Ministry of Finance said.

According to the ministry, during the meeting Secretary and the senior officers also presented.

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