Connect 5L people with BHIM App: Hry CM asks banks

Haryana Chief Minister Manohar Lal on Monday appealed to all the banks to achieve the target of connecting five lakh people of the state with BHIM App for transactions, by Diwali this year.

The Chief Minister while addressing the people in a function organised on the Promotion of Digital Transactions, BHIM App and Disbursal of Loans organized by Finance Department and Lead Banks in Karnal, also urged the people to make their transactions through the BHIM App as this would ease the transactions and would benefit the last person in the queue.

He said that there are 4,800 branches of banks in Haryana which have done transactions to the tune of Rs 2,34,699 crore.

He said that the Prime Minister has promoted economic revolution by getting bank accounts opened under Jan Dhan Yojana, implementing Goods and Services Tax (GST), linking Aadhaar cards to bank accounts and demonetization.

The banking system has vital contribution to the economic revolution. Before the implementation of Jan Dhan Yojana, there were 3.50 crore bank account holders in the country and later, it increased to 31.50 crore account holders, which more than the population of dozens of countries in the world, Manohar Lal.

He also urged the people to help the poor workers in getting loan under Differential Rate of Interest (DRI) loan Scheme, which would provide the benefit of about Rs 2,300 crore to the poor whereas, Rs 23 crore amount has been given under the scheme.

There are about 50,000 Self Help Groups (SHGs) in the state, if one SHG gives employment to 10 persons then through SHGs, about 5 lakh people would get self-employment opportunity, he added.

Speaking on the occasion, Finance Minister, Capt. Abhimanyu said that each branch of banks has been entrusted with the responsibility to add every small shopkeeper or trader to this app, this would change the way of transactions, bring transparency and save time.