Minister distributes smart cards to 62 villagers

Bank cards to help villagers save money

PTI | November 29, 2010



Union Minister of State for Finance, S S Palanimanickam, today expressed the hope that introduction of smart card system would help people in remote places in the district to save money.

He was speaking at a function here in which the IOB bio-metric 'Smart Cards' for people living in villages was launched and housing loans to the tune of rs 25 lakh to 125 beneficiaries were disbursed.

He said in India only 38 to 40 per cent population had accounts with the banks and nearly 95 per cent in Kerala State had their accounts with banks. It was due to the people of the state who had settled down abroad and been sending money to their families in Kerala, the minister said.

The IOB had given smart cards to people living in 62 villages in the district. The bank had implemented the card system in 58 villages and in short time it would introduce it in the remaining four villages,he said.

Earlier the minister distributed the smart cards to 62 villagers and also distributed the cheques for the 'Kalaignar Housing Scheme.'


 

Comments

 

Other News

Railways imposed ₹5.13 crore fine for food quality and hygiene violations

Indian Railways serve about 58 crore meals every year on an average. About only 0.0008% food quality related complaints are received on average. Based on complaints during the last three years, appropriate penal actions have been taken by IRCTC. Such actions include imposition of fines amounting to ₹5.13

STHAVAR: Why every Indian built asset needs a permanent digital identity

India has built digital systems for identity, payments, taxation, documents, logistics and public services. State governments, ministries, infrastructure agencies and urban local bodies have also created portals for land records, building permissions, project monitoring, property taxation and municipal s

Saksham Skill census identifies 22,000 job-ready candidates in one Mumbai ward

A first-of-its-kind AI-enabled skill census conducted in Mumbai`s H-West Ward has identified a potential livelihood pipeline of nearly 22,000 candidates, generated over 32,000 provisional job matches while revealing that 71.2 per cent of surveyed homemakers are willing to join the workforce, according to

GI tags: Scaling traditional wealth into global brands

Geographical Indication (GI) tags have emerged as a powerful tool for protecting India`s cultural heritage, while creating economic opportunities for local communities. By linking products to their place of origin, GI tags preserve traditional knowledge, prevent misuse, and enhance consumer trust. They h

BMC: 207 officials in ACB net, 112 still on duty, 68 retire before justice catches up

There are significant delays in the handling of corruption cases involving officials of the Brihanmumbai Municipal Corporation (BMC), a Right to Information (RTI) response obtained by rights activist Jeetendra Ghadge has revealed. As of 30 April 2026, 207 BMC officials face Anti-Corruption Bureau (A

The transformation trap: Why efficiency is not innovation

Every company is transforming, or so it claims.   There was a time when the word ‘transformation’ carried weight. It signified bold strategic shifts, reinvention of business models, and breakthrough technologies that fundamentally changed how organizations created

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter