The Reserve Bank of India (RBI) has no information on irregularities, if any, in its Samagra Gramin Vikas Yojna being implemented in 115 villages across the country, as per its reply to an RTI query by rights activist Radhakanta Tripathy. The main purpose of the scheme is financial inclusion, financial literacy, maximising relationships, extending community outreach and reiterate to the banks and other financial service providers and local authorities of the significance and seriousness that the RBI attaches to provision of financial services and financial education, the RBI has said. It said that visits by its top management have been undertaken in 2009 as an initiative for rural development in the platinum jubilee celebrations of the RBI. Replying to a query as to whether performance appraisal had been carried out annually on the development of the villages adopted so far, the RBI said that the performance of these villages is monitored with a quarterly report.............
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