DAY-NRLM

  • Recently, as part of AzadikaAmritMahotsav, a total of 152 Centre for Financial Literacy & Service Delivery (SAKSHAM Centres) across 77 districts of 13 states were launched.
  • The centres were launched under DeendayalAntyodayaYojana – National Rural Livelihoods Mission (DAY-NRLM) of the Ministry of Rural Development.

Important points:

  • Centre for Financial Literacy & Service Delivery (CFL&SD) would act as a one stop solution/single window system for basic financial needs of Self-Help Groups (SHGs) households in rural areas.
  • To provide financial literacy & facilitate delivery of financial services (savings, credit, insurance, pensions etc.) to SHG members and rural poor.
  • SHG network, largely at the level of the Cluster Level Federations (CLFs), with the help of trained Community Resource Persons (CRPs).
  • A mobile & web-based application called “SAKSHAM” has also been developed.
  • It will be used by the community resource person of the Centre to know the penetration of various financial services for each SHG & village, identify major gaps and accordingly provide training and deliver the required financial services.

SOURCE: THE HINDU,THE ECONOMIC TIMES,MINT

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