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Finance Ministry Meeting : Good news! Finance Ministry gave this order to banks to increase the income of farmers

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Finance Ministry Meeting : Good news! Finance Ministry gave this order to banks to increase the income of farmers

PMJJBY: Senior officials from the Department of Animal Husbandry, Department of Fisheries, Ministry of Housing and Urban Affairs and Ministry of Agriculture and Farmers Welfare also participated in the review meeting.

Finance Ministry Review Meeting: Financial Services Secretary Vivek Joshi held a meeting with heads of Public Sector Banks (PSUs) and financial institutions on Thursday. During the meeting, Joshi urged them to promote various financial inclusion schemes like Jan Suraksha and Mudra Yojana. Senior officials of the Department of Animal Husbandry, Department of Fisheries, Ministry of Housing and Urban Affairs and Ministry of Agriculture and Farmers Welfare also participated in the review meeting.

A three-month campaign was also launched

The finance ministry said in a statement that Joshi called upon public sector banks to achieve the targets allocated under various schemes for financial inclusion in a listed manner. The ministry has also launched a three-month campaign to meet the target of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY).

Banks were advised to leverage their banking correspondent network to reach out and engage potential beneficiaries, according to the statement . The Financial Services Secretary also requested the banks to conduct awareness campaigns about these schemes in regional or local languages. Let us tell you that continuous efforts are being made by the government to double the income of the farmers.

In view of this, orders have been given by the Finance Ministry to the banks to provide economic facilities to the farmers.

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