The President Estate, which houses the President of India and his staff in the national capital, will be converted into a financially inclusive township. A campaign has been launched by the Rashtrapati Bhavan administration to achieve bringing all the 5,000 residents and contractual workers within the financial inclusion programme by mid December.

The campaign has five components. All the residents will get Aadhar Number. The unbanked people will open saving bank account under ‘Pradhan Mantri Jan Dhan Yojana.’ All the new and existing bank account holders will get ‘RuPay’ debit card from United Bank of India. People, working in unorganised sector, will be enrolled under special pension scheme ‘Swavalamban.’

Finally, there will be a financial literacy programme and creation of a financial literacy hub at the Dr. Rajendra Prasad Sarvodaya Vidyalaya within Rashtrapati Bhavan for the students, their families as well as all residents of the President’s Estate.

According to a statement issued by the Rashtrapati Bhavan, this project is intended to establish a model of convergence in government programmes and services to ensure that benefits of various schemes accrue to all residents of the President’s Estate. “Special attention will be given to senior citizens, women, and special children,” it said while adding that efforts will be made to ensure that contractual workers working in the President’s Estate obtain all possible benefits that are due to them.

Steps will also be taken in future to provide residents of the President’s Estate benefits under the Rashtriya Swasthya Bima Yojana (RSBY) and pension benefits to young widows, and disabled.

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