
Dr. Vivek Joshi, Secretary, DFS, had recently chaired a meeting to review the progress of various Financial Inclusion (FI) Schemes viz. PMJDY, PMJJBY, PMSBY, APY, PMMY, SUPI, PMSVANidhi, & PMVishwakarma with the heads of Public Sector Banks along with senior officials of SIDBI & Mudra.
In meeting, DFS Secretary praised public sector banks and requested them to achieve all the targets of financial inclusion.

Dr. Vivek Joshi Chairs Meeting to Review Progress of Financial Inclusion Schemes
Dr. Vivek Joshi, Secretary of the Department of Financial Services (DFS) under the Ministry of Finance, chaired a meeting to review the progress of various Financial Inclusion (FI) Schemes. The meeting was attended by the heads of Public Sector Banks, as well as senior officials from the Small Industries Development Bank of India (SIDBI) and the Micro Units Development and Refinance Agency (MUDRA).
The Financial Inclusion Schemes that were reviewed during the meeting include:
- Pradhan Mantri Jan Dhan Yojana (PMJDY)
- Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
- Pradhan Mantri Suraksha Bima Yojana (PMSBY)
- Atal Pension Yojana (APY)
- Pradhan Mantri Mudra Yojana (PMMY)
- Stand Up India (SUPI)
- Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi (PMSVANidhi)
- Pradhan Mantri Vishwakarma Vandana Yojana (PMVishwakarma).
During the meeting, the progress made by banks and financial institutions under these schemes was reviewed. The aim of these schemes is to promote financial inclusion and provide social security to various sections of society, including individuals from low-income backgrounds, street vendors, and small businesses.
Very good initiative of Modi Government to increase income of educated unemployed youth and providing banking services at the door step of lower income group. Rather than PSB all Gramin Banks and State Co-Operative Banks may be advised to start this social Banking on war footing to strengthen rural economy. Hope PMO may take up this at appropriate level.
It’s a good attempt.
But,
First develop, improve and refine our rural protected drinking water systems.
Secondly,
Honestly, implement with a firm & determined effort to fine tune the plans and projects of tank irrigation, lift irrigation, minor irrigation and major irrigation.
Review shall be meaningful then only.
But in reality many times we have to do pmsby, pmjby and apy without even consent of customer by just taking his signature on these forms along with account opening form or kyc form. Customers do not want to take these.