A national workshop on Madhya Pradesh’s financial inclusion model will be held in New Delhi on Friday where UNDP’s Evaluation Report on Madhya Pradesh’s financial inclusion model will be released in the presence of finance experts.
Through the model, benefits of various government schemes to weaker sections are being transferred directly in their bank accounts through ultra small banks. Madhya Pradesh’s financial inclusion model ‘Samriddhi’ for providing benefits and banking facility through ultra small banks in remove rural areas has been hailed throughout the country.
Discussions will be held on the success of Madhya Pradesh’s financial inclusion model at the workshop to be held in the conference hall of India International Centre, New Delhi. It will be inaugurated by Union Finance Secretary Sumit Bose, Madhya Pradesh Chief Secretary Anthony de Sa and United Nations’ Dehi-based Resident Coordinator and UNDP’s Resident Representative lise Grande by lighting a lamp.
This will be followed by technical session to be presided over by Central Bank of India’s Chairman-cum-Managing Director Rajiv Rishi. Bank of India’s Chairperson-cum-Managing Director VR Aiyyer and Reserve Bank of India’s Executive Director Deepali Pant will also be on the stage. On the occasion, Director, Samagra Social Security Mission, Madhya Pradesh Sanket Bhondve will give a presentation on Samagra campaign launched to reach out benefits of various beneficiary-oriented schemes directly to beneficiaries.
Commissioner MNREGA Ravindra Pastor will highlight features of electronic fund management system (e-FMS) launched to bring about transparency in MNREGA implementation and good governance. The second technical session of the workshop will be chaired by UNDP’s representatives lise Grande. IFMR’s representative Bindu Anantha will also be on the stage. On the occasion, UNDP’s representative will highlight salient features of the report on Madhya Pradesh’s financial inclusion model. Senior Research and Policy Manager of Harvard Kennedy School Charity Troyer Moore will express her views on financial inclusion.