Photo: Indian Prime Minister Naranda Modi presenting to girl Sukanya Samriddhi Account passbook.
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NEW DEHLI, 24 April 2015 – During the financial year 2014-15, WSBI member National Savings Institute, Ministry of Finance, took several new initiatives to popularize savings among the masses and facilitating participation of so far non-banked people to open an account in any of the savings accounts being offered by the Government of India. National Savings Institute, Ministry of Finance, Government of India launched two new financial products – one for small investors and another for girl children. This was in addition to the Hon’ble Prime Minister’s Jan Dhan Yojana, under which a savings account with multiple benefits, for every household has been targeted. Below is a set of initiatives taken in this direction.