[Reader-list] Financial Sector Reforms and UIDAI - 175

[Taha Mehmood]

http://pib.nic.in/release/release.asp?relid=51315

 Financial Sector Reforms  and UIDAI

Lok Sabha

The High Level Committee on Financial sector Reforms set up by
Planning Commission has made wide ranging recommendations on a number
of issues including macro-economic framework, broadening access to
finance, levelling the playing field, creating more efficient markets,
a growth-friendly regulatory environment and a robust infrastructure
for credit. There are a total of thirty-five proposals identified by
the Committee. Action has already been taken on some of these
proposals which include freeing banks to set up ATMs anywhere,
providing subsidies/cash transfers to the poor electronically under
certain Government Schemes, liberalising the banking correspondent
model so that a wide range of local agents can extend financial
services and setting up a Unique Identification Authority of India
(UIDAI) for creating unique national ID number for all citizens of the
country.

This information was given by Minister of State for Finance, Shri Namo
Narain Meena in written reply to a question raised in Lok Sabha today.

BSC/BY/GN-286/09