E magazine competition success review
E magazine competition success review Published this article page no 72 Every village to have access to a formal financial service provider within a reasonable distance of 5 KM radius. The customers may be on boarded through an easy and hasslefree digital process. Extending the digital financial infrastructure to cooperative banks and other specialized banks as well as other nonbank entities such as fair price shops common service centres etc. to promote efficiency and transparency in the services offered to customers. Providing Basic Bouquet of Financial Services Every adult who is willing and eligible needs to be provided with a basic bouquet of financial services that include a Basic Savings Bank Deposit Account credit a micro life and nonlife insurance product a pension product and a suitable investment product. It can be achieved through designing and developing customized financial products by banks and ensuring efficient delivery of the same through leveraging of Fintech and Banking Correspondents networks. Access to Livelihood and Skill Development The new entrant to the financial system be given the relevant information about the ongoing Government livelihood programmes thus helping them to augment their skills and engage in meaningful economic activity and improve income generation. Convergence of objectives of various employment generation and skill development programmes like National Rural Livelihoods Mission (NRLM) National Urban Livelihoods Mission (NULM) Pradhan Mantri Kaushal Vikas Yojana (PMKVY) and other state level programmes through an integrated approach. Financial Literacy and Education E magazine competition success review buy.

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