Friday, August 29, 2014

Govt's financial inclusion scheme a hit on Day 1

.............In a country where 40 per cent of the population does not have access to banking services, Thursday's programme would mark the beginning of the end of "financial untouchability" and rid the country of poverty, Modi said. He recalled the bank nationalisation of 1969, aimed at extending the reach of the financial system to the doorsteps of the poor. "But I regret to say after 68 years of Independence, not even 68 per cent of the population is covered by the banking system," ......

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