“State Government is providing
400-500 sq feet built up space in Rajiv Gandhi Seva Kendra of uncovered
GPs for opening of bank branches free of rent for five years. In IAP districts
expenditure up to Rs.1,40,000 as capital cost has been allowed for the purpose.
The banks have been requested to expedite steps to set up new branches and
opening savings accounts of rural households. Different departments have also
been asked to provide list of the beneficiaries of various schemes for
facilitating Direct Benefit Transfer,” Behera added.
Panchayat Raj Department has
already prepared a database of all families – District-wise, Block-wise, GP-wise
and Village-wise – showing the age of the individuals. The database can be
shared with banks and government departments. So far,
3666 branches of different banks have already been opened in Odisha and 1953 GPs
have branches within their respective limits.
It has been targeted to open
new branches in 2045 GPs by 31st March, 2015. The Chairman of U. Co. Bank, who
is also the Convener of State level Bank Coordination Committee, made a
presentation on objectives and approaches of financial inclusion.
Bishnu Pada Sethi, Secretary
Cooperation, said that Central cooperative banks have decided to accept PACS as
the bank Correspondents. PACS are being computerized for the purpose. The Chief
Secretary has asked him to complete computerization of the branches by 31st
December so that they can start delivering services as bank correspondents. The
Chief Secretary has also asked BSNL authorities to expedite the process of
broadband connectivity up to panchyat level in a time bound manner.
It is expected that Financial
Inclusion, once achieved, is going to realise the goal of universal access to
banking facilities, basic bank accounts with over draft facilities and financial