Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Nepal protests
  • Nepal Protests Live
  • Vice-presidential elections
  • iPhone 17
  • IND vs PAK cricket
  • Israel-Hamas war
fp-logo
Bartronics To Implement Rajasthan Financial Inclusion Scheme
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • Business
  • Biztech
  • Bartronics To Implement Rajasthan Financial Inclusion Scheme

Bartronics To Implement Rajasthan Financial Inclusion Scheme

FP Archives • January 31, 2017, 01:44:30 IST
Whatsapp Facebook Twitter

The scheme aims at providing banking access to 50 lakh BPL families through biometric smart cards.

Advertisement
Subscribe Join Us
Add as a preferred source on Google
On
Google
Prefer
Firstpost
Bartronics To Implement Rajasthan Financial Inclusion Scheme

Bartronics India, a provider of end-to-end-solutions based on AIDC technologies, has been chosen to implement the Bhamashah Project, under which Rajasthan Government will provide banking access to nearly 50 lakh below poverty line (BPL) families.

Bartronics India recently signed an agreement with the Government of Rajasthan initiating the first phase of the Bhamashah Project.

“This is one among a series of financial inclusion initiatives announced by the Union Government. It exemplifies that technology can play a crucial role in benefitting the rural and marginalised”, said Sudhir Rao, managing director, Bartronics India.

STORY CONTINUES BELOW THIS AD

The first phase, which kicked off on July 1, will be commissioned within three months and Bartronics will manage the project at least for the next 10 years.

More from Biztech
Future Group - Reliance Retail Deal approved by CCI Future Group - Reliance Retail Deal approved by CCI RBI ban on cryptocurrencies takes effect; prohibition could force investors to tap the black market RBI ban on cryptocurrencies takes effect; prohibition could force investors to tap the black market

The scheme aims to bring banking access to all below poverty line (BPL), small and marginal farmers and identified families of SC/ST in rural areas through biometric identifiable smart cards, providing them with financial relief through a financial inclusion process.

Under the Bhamashah Financial Empowerment Scheme, the Rajasthan Government shall deposit Rs 1,500 into the bank accounts of 50 lakh rural families, belonging to the above specified categories. Besides this, health insurance will be provided for all BPL families in rural areas, in the first stage. During this phase, Bartronics will also operationalise a Data Centre for the project.

The enrolment and personalisation of family information with biometrics shall be taken up simultaneously for the identified families. Bartronics intends using 64k smart cards for the project, which will hold all personal data, biometric information as well as enable banking transactions. Each enrolled family will be assisted in establishing bank accounts.

Besides the above, Bartronics will establish ‘Points of Service’, which will act like mobile banking terminals as per RBI norms. These will enable banking transactions on the opened accounts.

During the transaction phase, Bartronics intends employing over 2,000 persons.

Tags
Rajasthan government Below Poverty Line BPL families
End of Article
Written by FP Archives

see more

Latest News
Find us on YouTube
Subscribe
End of Article

Top Stories

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Who is CP Radhakrishnan, India's next vice-president?

Who is CP Radhakrishnan, India's next vice-president?

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Who is CP Radhakrishnan, India's next vice-president?

Who is CP Radhakrishnan, India's next vice-president?

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV