Professional Documents
Culture Documents
Agriculture
In her speech, Sitharaman announced that the post offices in the country
will now be brought under the coverage of core banking. This should
help rural citizens who prefer using the services of the post office.
“In 2022, 100 percent of 1.5 lakh post offices will come on the core
banking system enabling financial inclusion and access to accounts
through 11 net banking, mobile banking, ATMs, and also provide online
transfer of funds between post office accounts and bank accounts. This
will promote financial inclusion and will be a big boost for farmers.
Budget 2022 focuses on financial inclusion
the government seeks to lay optical fibers in every village across the
country by 2025.