Schemes would be effective for achieving target of financial inclusion : Virbhadra Singh
INVC NEWS Shimla, Chief Minister Shri Virbhadra Singh today simultaneously launched Pradhanmantri Suraksha Bima Yojna, Pradhanmantri Jeevan Joyti Yojna and Atal Pension Yojna in the State as Prime Minister Sh. Narendar Modi launched these schemes from Calcutta today for 115 cities of the Country. Shri J.P Nadda, Union Health Minister was also present on the occasion. While speaking on the occasion the Chief Minister said that these schemes would be effective for achieving target of financial inclusion. He said that effective measures had been adopted for financial inclusion by effective implementation of Jan Dhan Yojna last year. He said that about 8.50 lakh new bank accounts were opened in the State, which had ensured at least one bank account of each household. He said that earlier there were no banks in rural areas and maximum financial institutions or banks were being run by industrial houses. “It was due to the efforts of late Prime Minister Smt. Indira Gandhi that banks were Nationalised and today we all were fortunate enough for having banking facilities penetrating in the rural areas of the country”, he said. Development is a continuous process and since India got independence and Himachal was formed due to the strenuous and combined efforts of great Indian Congress leaders as ShriJawahar Lal Nehru, Sardar Patel and Smt. Indira Gandhi that the India started progressing and today launching of such ambitious financial schemes had given a push to the Indian economy by financial inclusion of the people in 115 cities of the Country and Himachal was one of the State which has launched it today. Chief Minister said that under the schemes besides insurance to the workers in unorganized sectors, pension would also be provided to them so that they could lead a respectable life. He reiterated that similar contributory pension scheme was launched by the Government of India under the name ‘Swablamban Scheme’ in the year 2010. He said that the State government had announced implementation of this scheme in the Budget for the current financial year so as to cover MNREGA, agriculture and Horticulture workers, people working in shops and other un-organised sectors. He said that Aanganwari and Mid-day Meal workers would also avail the benefits of this scheme. He said that the State government would make a contribution of Rs 1000 per annum for next three years in the account of workers contributing at-least Rs 1000 per annum. “Our State has a strong network of banking with over 80 percent bank branches in rural and far flung areas” said the Chief Minister adding that 1.40 crore Bank accounts had been opened by the people of the State in different banks. Shri Virbhadra Singh said that special emphasis was being laid on ensuring financial literacy upto village level so as to benefit maximum number of people from financial and banking services. He appealed to the people to derive maximum benefits from various financial services being implemented for their socio-economic upliftment. He also urged various departments and institutions for ensuring effective implementation of these schemes in the larger interest of the State. Union Health Minister Shri JP Nadda while speaking on the occasion said that economic progress was a continuous process though sometimes, it keeps fluctuating due to ups and downs in marketing strategies and few external factors but it was a matter of pride that Indian economy was capable enough to bear such shocks. He said that there were 14.5 crore account holders in January. He said that from villages, households were tapped and today targets were pushed up due to the banking strategies and concentration on unorganized sector. He said that as per data, the financial inclusion was 8.64 crore in rural areas, 5.84 crores in urban areas. He said that there was a need to bring economic revolution and for achieving the very purpose we have to motivate the people and make them economically strengthened. He said that it was for the first time that on accidental death insurance of rupees two lakh would be provided on premium of Rs one per month under Suraksha Bima Yojna, thereby leading to economic independence of the people of the State. Under Pradhan Mantri Jeevan Jyoti Yojna also a sum of Rs two lakh would be provided in case of natural death on the premium of Rs 330 per annum, besides, the spouse of the person who dies and beyond that, his son/ daughter would be paid the amount insured. Both the Chief Minister and Union Health Minister distributed passbooks and necessary certificates to the beneficiaries. Shri Charan Singh Executive Director, UCO Bank, welcomed the Chief Minister and Union Health Minister on the occasion and said that so far 6.85 lakh people had been enrolled under the Insurance schemes. He said that UCO bank had started online registration facility from today itself Member of Parliament Shri Virendar Kashyap, MLAs Shri Suresh Bhardwaj and Shri Anirudh Singh, Chairman, HP State Co-operative Bank, Shri Harsh Mahajan, Regional Director Reserve Bank of India, Shri I.S.. Negi, Chief Secretary, Shri P.Mitra, Additional Chief Secretary, Shri V.C.Pharka, DGM, UCO Bank, Shri AK Sinha, General Manager UCO Bank Shri V.K.Shrivastva, were also present on the occasion amongst others.