Indian Politics

Finance Ministry Directs Bankers to Record SC Scheme Benefits for Monitoring

Hindustan Times2h
THE BRIEF
1

The Union Ministry of Finance directed State Level Bankers Committees to record all benefits distributed under government schemes for Scheduled Caste individuals.

2

The directive follows observations from the National Commission for Scheduled Castes regarding insufficient data to monitor welfare aid distribution.

3

The financial inclusion data collection aims to evaluate bank performance and support government empowerment claims ahead of state assembly elections.