Mumbai, Oct 11:
The Reserve Bank of India has constituted a Financial Inclusion Advisory Committee (FIAC) to spearhead the efforts towards greater financial inclusion in the country. Deputy Governor K. C. Chakrabarty will chair this high-level committee. Apart from Chakrabarty, the committee will comprise 11 members — Y. H. Malegam, Dipankar Gupta, Ela Ramesh Bhatt, D. K. Mittal, Nachiket Mor, M. S. Sriram, R. S. Sharma, B. Sambamurthy, Rama Vedashree, P. D. K. Rao, and K. R. Kamath. “A need was felt to engage the members from the civil society and non-governmental organisations and others for a sound and purposeful collaboration,” the RBI release said.
satyanarayan.iyer@thehindu.co.in
Keywords: RBI, Financial Inclusion Advisory Committee
Comments:
Just to let you know that Sang sang Chal (www.sangsangchal.org.in) is an
initiative who is contributing towards the great cause of financial
inclusion . Sang sang has more than 1000 members , they are commercial
sex workers , rickshaw pullers , Thellawallah , street vendor etc. Sang
Sang provides them mini daily deposit and loan scheme so that they can
enjoy the benefit of financial inclusion and earn their livelihood . Mr.
Chakraborty has rightly choosen the civil society to play a bigger role
in FI.
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