Financial Inclusion – Preparation of Block-wise Financial Inclusion Plan for each district during 2011-12

District-wise road maps to include action plan together with monitoring mechanism are to be prepared to achieve total financial inclusion in villages having population of 2000 and above by 2012. It has also been decided to have block-wise financial inclusion plan to be implemented by all banks operating in the block which should include among others, plan for financial literacy, opening of outlets including BC outlets, issue of KCC/GCC/SCC to all eligible borrowers, identification of BCs/BFs, etc.
The district financial inclusion plan is to be prepared by DDM in conjunction with banks and LDM and has to be the consolidation of all block level financial inclusion plan. At the time of preparing block-wise financial inclusion plan the FIP already prepared by the banks is to be taken into consideration. This will help in monitoring the financial inclusion in the block at appropriate forum.

(NB. FID / 2495 / FI – 01 / 2010 – 11 dated 21 January 2011. Circular No. 14 / FID - 03 / 2011)

National Horticulture Board (NHB), Ministry of Agriculture, GoI, has, with effect from 1 May 2010, issued revised guidelines in terms of which the scheme will be implemented directly by NHB and NABARD will not be involved in the sanction or release of subsidy. However, the cold storage projects, where bank loan was sanctioned prior to 1 May 2010 would continue to be considered by NABARD, provided subsidy is claimed under NHB category. Further, in cases, where advance subsidy was already released through NABARD (under NHB category and where bank loan was sanctioned prior to 1 May 2010) would also be considered for final subsidy release through NABARD. Detailed guidelines of the revised scheme and procedure of implementation are available at NHB website, www.nhb.gov.in.

(Ref. No.NB.ICD/ 2571 / CS-4/2010-11 dated  13 January 2011.Circular No. 04 / ICD- 01 / 2011)

The Advisory Board for FIF and FITF has decided to support RRBs for ICT solution in all villages having population of 2000 and above in their command areas. The support will cover the cost of smart cards and POS devices (including the cost of personalization) for ICT solution. The extent of support is available in North-Eastern region and Hilly regions @ 100% and remaining regions @ 80% 
2. Process for availing grant assistance has been simplified and a format for seeking support in this regard has been devised. The grant assistance will be provided subject to certain technical specifications being adhered to.

(Ref. No.NB.FID / 2368 / FI - 01 / 2010 -11 dated  18 January 2011. Circular No 07/FID.01 /2011)