AP (India) Govt. plans ATM projects for villagers

AP (India) Govt. plans ATM projects for villagers

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Soon, villagers of remote areas in Andhra Pradesh (AP), India, will have the convenience of biometric based smart card and enjoy the facility of 'anytime money' in their villages.

The Andhra Pradesh Government is implementing a pilot project in three mandals in Warangal district in collaboration with Reserve Bank of India and several other banks. These biometric smart cards will allow them to go to their nearest mandal headquarter and withdraw the cash they receive under various social security schemes. Business correspondents, appointed by banks will manage these ATMs or bank outposts. The government intends to reach at least 30 lakh households this year. The government has allocated INR2,880 million for 19 National Rural Employment Guarantee Scheme (NREGS) districts.

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