The District Committee for Meaningful Financial Inclusion has entrusted Kudumbasree to carry out a survey in three villages of Ernakulam district about details of bank accounts among households.
The Lead District Manager, Mr A.R.Jayaprakash, said that the volunteers of Kudumbasree will be visiting 7-lakh households in the villages of Vengoor West, Eramalloor and Kadamakkudy to find out the holding of bank accounts and whether banking schemes are being properlyused.
The survey will enquire about an operating bank account for every family where regular credits and withdrawals are taking place; availing credit facilities from the banks wherever required; getting micro insurance facility; availing other kinds of banking services such as remittance facilities etc.
The survey will begin in Vengoor on Monday and he requested the villagers to cooperate with the survey by sharing the required information.
100% financial inclusion
According to Mr Jayaprakash, Ernakulam was one among the first districts that declared 100 per cent financial inclusion. But in the revised conditions, though the district has a very strong network of bank branches, three of the aforesaid villages were identified as having no branches of any commercial banks. Under the process of financial inclusion, the responsibilities to take care of the villages were entrusted to Federal Bank, State Bank of Travancore and Union Bank of India respectively, he said.
The RBI Governor, Dr D.Subbarao, during his recent interaction with villagers in Vengoor, had observed that the level of financial inclusion in the district is satisfactory and advised that it should go for “meaningful financial inclusion” now.
As a first step towards this, a baseline survey will be conducted by Kudumbasree, Mr Jayaprakash added.
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