Prime Minister Narendra Modi has launched financial inclusion initiative in Varanasi.
“A total of 101 e-rickshaws, 501 pedal rickshaws, and push-carts are being given as part of this initiative. The beneficiaries will also get bank accounts and RuPay cards under the Pradhan Mantri Jan Dhan Yojana (PMJDY),” the Prime Minister’s Office (PMO) said in an official release.
The initiative has been synergised through various financial institutions including SIDBI, IDBI Bank, UCO Bank and the American India Foundation.
“This initiative would bring about a change in the fortunes of the people of Varanasi,” Modi said.
Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/