Friday, July 11, 2025
spot_img

More banks should be set up: Cong MLA

Date:

Share post:

spot_imgspot_img

SHILLONG: Congress MLA Himalaya Shangpliang observed that the demand for banks has increased since demonetisation. He said the consideration to open more banks should be made.
While speaking during the question Hour, he said setting up of banks in Pongkung, Dangar and Lawbah will provide banking facilities to the people of the area.
In the written reply, Chief Minister Conrad Sangma said bank branches have already been set up in the areas and said UCO bank has a branch in Dangar (Balat) and Meghalaya Rural Bank has a branch in Pongkung and Lawbah.
Conrad maintained that banking infrastructure has been a major concern. He informed that he sat in the State Level Bankers’ Committee (SLBC) meeting and assured to take up the matter in SLBC as it is upto the banking sector to decide.
Congress MLA George Lyngdoh said 75 per cent of the state is unbanked and banks are mostly found in places where economic activities are higher and urge the CM to look into improving the banking sector.
Sangma said initiative by the Central government has been taken such as the Indian Postal Payment Service besides assuring to explore options.

spot_imgspot_img

Related articles

22 Maoists, including eight females, surrender in Chhattisgarh

Raipur, July 11: In a significant development in Chhattisgarh's Narayanpur district, 22 Maoists laid down their arms on...

BJP looting land, forest, water: Rahul Gandhi at ‘save Constitution’ rally in Odisha

Bhubaneswar, July 11: Congress leader Rahul Gandhi on Friday targeted the BJP, alleging that the ruling party has...

Centre plans Rs 1,345 crore subsidy scheme to boost production of Rare Earth magnets

New Delhi, July 11: The Indian government has drawn up a scheme to offer subsidies to the tune...

We missed no targets in Pak, not even a glass pane broken in India: NSA Doval on Op Sindoor

New Delhi, July 11: National Security Advisor (NSA) Ajit Doval on Friday addressed the convocation ceremony at IIT...