You are here: Home People Speak Historic opportunity to end poverty: Jayant Sinha
Historic opportunity to end poverty: Jayant Sinha

Sep 01, 2015

Jayant Sinha, India’s Minister of State for Finance, laid out the vision and goal of the government to achieve financial inclusion in India.

Jayant Sinha

New Delhi: Speaking at the CII Summit on Financial Inclusion held on the first anniversary of the launch of the Pradhan Mantri Jan Dhan Yojana, Jayant Sinha, Minister of State for Finance laid out the vision and goal of the current Government to achieve financial inclusion in India.

He said “I think we have a historic opportunity to work together using open platforms to genuinely end poverty & deprivation in India”. He attributed this vision to the strong and decisive leadership of the Prime Minister Narendra Modi and the rapid development of technology that has and will continue to help in achieving this goal.

Speaking on one of the signature programmes of the Government, Sinha stated that the Government wants to take the benefits of financial inclusion to the last mile. In other words, the effort would be towards achieving ‘Antyodya’. Three broad themes outlined in his speech were the vision behind financial inclusion, the approach followed by the Government and ground realities of achieving holistic financial inclusion in India.

Re-iterating Prime Minister’s vision of Minimum Government and Maximum Governance, he noted that the effort would be to achieve universal social security through JAM (Jan Dhan Yojana, Aadhar and Mobile) trinity.

Addressing the gathering he also spoke on the various principles like co-operative federalism and pro-market approach adopted by the Government to make financial inclusion possible. He added that simple products, universal KYC system and citizen centric view is of high priority for the Government to make the social security schemes more accessible and make the system more transparent.

Enlisting the ground realities, he stated that providing simple products with security, creating financial awareness amongst the populace and strengthening of the distribution network are necessary.

Most Read
Most Shared
You May Like
search

blank.gif

blank.gif

blank.gif

Jobs at OneWorld

research-coordinator.png

rolling-internships.png

blank.gif

blank.gif

blank.gif

blank.gif

telangana-sdg.jpg

blank.gif

amity-3rd-mission-2030-2.png

Global Goals 2030
 
OneWorld South Asia Group of Websites