Question : EXTENSION OF FINANCIAL SERVICES



(a) whether the Government has started the process of extension of financial services through the Department of Posts as reported in the Hindi daily Dainik Jagran dated 16 June, 2005;

(b) if so, the number of financial service centres proposed to be set up in the first phase and the details thereof;

(c) whether such centres are also proposed to be opened in rural areas and the time by which the same are likely to be opened; and

(d) if not, the reasons therefor?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY (DR. SHAKEEL AHMAD)

(a) to (d) The proposal to set up Postal Finance Marts is at present awaiting clearance from Planning Commission. Once the approval is received, the details of the proposal will be worked out and implemented.