HomeCentral Government SchemesPSBs Branches under Saansad Adarsh Gram Yojana

PSBs Branches under Saansad Adarsh Gram Yojana

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PSBs Branches under Saansad Adarsh Gram Yojana

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
LOK SABHA
UNSTARRED QUESTION NO: 3014
ANSWERED ON: 05.01.2018

PSBs Branches under Saansad Adarsh Gram Yojana

AJAY (TENI) MISRA
Will the Minister of

FINANCE be pleased to state:-

(a) whether there is a mandatory provision for opening the Public Sector Banks (PSBs) branches under the Saansad Adarsh Gram Yojana, if so the details thereof;

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(b) whether any notification has been issued/proposed to be issued by the Government in this regard, if so, the details thereof; and

(c) whether the Government is formulating any plan to bring other banking facilities under the Saansad Adarsh Gram Yojana, if so, the details thereof and if not, the reasons therefor?

ANSWER
The Minister of State in the Ministry of Finance

(a) to (c) In view of importance of providing banking services under the Saansad Adarsh Gram Yojana, Department of Financial Services, Ministry of Finance has advised the Public Sector Banks and Private Sector Banks vide communication dated 12.12.2014.

Banks have been advised to ensure banking services are provided in each Saansad Adarsh Gram. These services may be provided through a branch or, in case any selected village is not found to be a viable location for branch opening, through a fixed point online inter-operable Business Correspondent or Kiosk.

Banks have also been asked to closely monitor implementation of Pradhan Mantri Jan-Dhan Yojana (PMJDY) in Saansad Adarsh Gram and further to ensure allocation of targets to link branch of Saansad Adarsh Gram on various parameters, like every adult having a bank account, issuance of RuPay Card, saturation of Kisan Credit Card (KCC) in the village, encouraging Self Help Group (SHG) and Joint Liability Group (JLG) movement and Kisan Club and monitoring thereof.

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