Nirmala Sitharaman Chairs Performance Review of Credit and other Welfare Schemes

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired the review of the performance of Public Sector Banks (PSBs) on Credit and other Welfare Schemes for Scheduled Castes with CMDs of the PSBs, here today.

The review meeting was also attended by Shri Vijay Sampla, Chairman, National Commission for Scheduled Castes (NCSCs); and Members NCSCs, Shri Subhash Ramnath Pardhi, and Dr. Anju Bala; Union Minister of State for Finance Dr. Bhagwat Kisanrao Karad; and Shri Sanjay Malhotra, Secretary, Department of Financial Services (DFS), along with senior officials of the DFS and NCSC.

Smt. Sitharaman reviewed the various measures taken by PSBs in giving credit to persons belonging to the Scheduled Caste community and their welfare in terms of reservation, backlog vacancies, functioning of welfare and grievances redressal mechanism, etc.

During the review meeting, the Finance Minister made the following observations:

•Banks to fill the small number of remaining backlog vacancies in a time-bound manner.

•Forward and backward linkages through the convergence of various schemes of different Government departments for SCs while giving them financial assistance

•Banks to enhance the coverage of SCs in all schemes and advised PSBs heads to also look into their needs for capacity building, and entrepreneurship development as SCs constitute about 18% of the total workforce of the banks and FIs,

•Banks to make proper digital records for jobs being outsourced, especially for posts like Safai Karamcharis from 1st October.

•Redressal of all pending grievances pertaining to the SC community may also be taken up in the special drive by DFS from 2nd October.

•Improvements required to be carried out in all the schemes like CEGSSC, VCF, etc may be taken up by DFS after discussion with agencies like the Dalit Indian Chamber of Commerce and Industry (DICCI) that are working with scheduled castes at the grassroots level.

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