Panchayats to be connected with VSAT for banking services


Bhubaneswar: All the remote unbanked villages of the state not having access to Internet will be connected through VSAT (Very Small Aperture Terminal) to provide banking service. In a meeting presided over by the Chief Secretary Aditya Prasad Padhi here at Secretariat on Tuesday, the  state government has decided to expedite the process of providing banking to all the rural areas of the state .

Principal Secretary Tuhin Kant Pandey said that Banking Correspondents (BCs) will be appointed in about 1000 unbanked Gram Panchayats (GPs) of 107 blocks. The process for recruitment of BCs would be made through ‘Odisha Livelihood Mission’ which is likely to begin within two days. The government has will be recruiting Bank Mitras and the Self Help Group (SHG) members as BC. Initially, 1000 BCs would be recruited for 1000 GPs, subsequently in the next six months 6000 BCs would be recruited in 6000 GPs.

Moreover, speaking about the scarcity of the new currency notes, the state government has planned to adopt the digital payment mode to minimize the problem. For the same, people under the guidance of the district collector would be trained for such usage. After conducting discussion with the banks and as per their suggestion, a ‘Corporate Business Correspondent’ model was also prepared.

Among others, General Post Office Director, state level representatives of Bank Union Committee, NABARD and State Bank of India were also present at the meeting.

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