Page 6 - NIS English September 2020 16-30
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News Briefs





           INDIA POST PAYMENTS BANK,  A BOON FOR POOR


                                             holders has reached over
                                             2  crore.  During  COVID-19
                                             pandemic, the bank is  working
                                             as a lifeline for the people
                                             in the Rural areas. During
                                                                              The  Scheme|  Anyone  from
                                                                              the rural area can avail
                                                                              the  bank  facility  from  the
                                                                              local  post  office  through
             ndia  Post  Payments  Bank’s  lockdown, Rs 1,500 crore was       Aadhaar card. One can call
           Iambitious scheme ‘Aapka  disbursed to around 85 lakh              the  postman  by  sending  a
            Bank  Aapke  Dwar’,  which  beneficiaries. Due to this bank,      phone message.  India Post
            was  launched  on  September  Rs 760 crore were paid through      Payments  Bank  is  available
            1,  2018,  has  become  a  boon  75 lakh Money Orders and  Rs     in more than 1.36 lakh post
            for  the  poor  living  in  rural  1,100  crore  were  distributed   offices across the country. n

            areas.  The number of account  through DBT.    n


        1.22 CR  KCC SANCTIONED; Rs 1.5 LAKH CR                PORTABLE HOSPITAL

        CREDIT PROVIDED UNDER ECLGS                            mediCAB IN TWO HOURS

         n an effort to buffer the agricultural sector from
        Ithe  shock  of  COVID-19,  a  special  saturation
        drive is underway to provide concessional credit
                            to farmers through Kisan
                            Credit Card (KCC). As on
                            August  17,  2020,  1.22 crore
                            KCCs  have  been  sanctioned
                            with credit limit of Rs 1.02
                            lakh  crore.  This  will  go  a        orona pandemic has set many examples
                            long way in reviving the rural     Cof  how  crises  can  be  turned  into
                            economy and accelerating the       opportunities; a portable hospital mediCAB is
                            agricultural growth.  Providing    one such example. This microstructure can
                            credit  to  different  sectors,    be  set  up in  two hours  at any  geographical
                            especially MSMEs, under the        location  of  the  country  that  can  withstand
                            100%  Emergency  Credit  Line      any weather and situation. Sree Chitra Tirunal
                            Guarantee  Scheme  (ECLGS).        Institute for Medical Sciences and Technology,
                            Banks from Public & Private        Thiruvananthapuram  and  IIT  Madras  have
                            Sectors   have    sanctioned       jointly developed this to fight against Corona.
        loans worth over Rs 1.5 lakh crore as on August        A 30-bedded mediCAB hospital in Chengalpattu
        18, 2020, of which more than Rs 1 lakh crore have      in Chennai and 12-bedded in Wayanad in Kerala

        already been disbursed.    n                           are already functional.   n

        4  New India Samachar
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