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Finance Ministry Calls High-Level Meeting With Bank Heads To Review Financial Inclusion Schemes
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Moneycontrol•05-10-2026, 22:25
Finance Ministry Calls High-Level Meeting With Bank Heads To Review Financial Inclusion Schemes
- •The Finance Ministry has scheduled a high-level meeting with bank heads on Tuesday to review the progress of major financial inclusion schemes.
- •Financial Services Secretary Sanjay Lohiya will chair the meeting to evaluate flagship initiatives like Pradhan Mantri Jan Dhan Yojana and Jan Suraksha.
- •Discussions will also focus on the PM Mudra Yojana, which provides collateral-free loans to micro and small enterprises to boost entrepreneurship and job creation.
- •Other key programs on the agenda include the StandUp India Scheme, PMJJBY, PMSBY, and the PM SVANidhi micro-credit facility for street vendors.
Key Questions Answered
The Finance Ministry called a meeting with bank heads to review the progress of various financial inclusion schemes, including flagship initiatives like Pradhan Mantri Jan Dhan Yojana and Jan Suraksha.
Launched in April 2015, the Pradhan Mantri Mudra Yojana aims to provide collateral-free loans to micro and small enterprises to support entrepreneurship, job creation, and unfunded businesses.
The PMSBY offers an insurance cover of Rs 2 lakh for accidental death or total permanent disability, and Rs 1 lakh for partial permanent disability, for eligible individuals aged 18 to 70 with bank or post office accounts.
