The Union Finance Minister ShriPranab Mukherjee has
proposed to extend the ‘Swabhimaan’ campaign to habitations with
population of more than 1000 in North Eastern and hilly States and to
other habitations which have crossed population of 2,000 as per Census
2011.
Announcing this during his Budget speech the Finance Minister Shri
Mukherjee informed that out of 73,000 identified habitations that were
to be covered by March 2012, about 70,000 habitations have been covered
so far under the ‘Swabhimaan’ campaign. As a next step, Ultra Small
Branches are being set up at these habitations, where Business
Correspondents would deal with cash transactions.
In 2010-11, ‘Swabhimaan’ campaign was launched to extend Banking
facilities through Business Correspondents to habitations having
populations in excess of 2000.