Union Finance Minister Nirmala Sitharaman on Tuesday inaugurated the Centre’s credit outreach programme by distributing loans worth ₹1,348 crore to 61,730 beneficiaries at Jai Prakash University’s Rajendra Stadium in Bihar’s Chhapra. The credit outreach programme is an initiative of the Ministry of Finance under which banks have been asked to reach out to every district of the country to provide loans to eligible individuals.
On this occasion, Ms. Sitharaman said that the country is now becoming economically prosperous, referring to India’s fifth global position in terms of economy. She added that the Narendra Modi government is making all efforts to bring it to the first position globally.
She also addressed the beneficiaries gathered at the stadium stressing that through the schemes, unemployed youth and women of the village would become economically prosperous.
