‘'Five Star Villages scheme’

  • Category
    Science & Technology
  • Published
    22nd Sep, 2020

The department of Posts/ Postal department of India has recently launched 'Five Star Villages scheme' which ensures 100% rural coverage of postal schemes.

Context

The department of Posts/ Postal department of India has recently launched 'Five Star Villages scheme' which ensures 100% rural coverage of postal schemes.

About

  • The scheme seeks to bridge the gaps in public awareness and reach of postal products and services, especially in interior villages.
  • The main aim of this scheme is to ensure universal coverage of flagship postal schemes in rural areas of the country.
  • All postal products and services will be made available and marketed and publicized at village level, under the scheme.
  • Branch offices will function as one-stop shop to cater all post office – related needs of villagers.

Coverage

  • Two rural districts / regions of each region have been identified under this scheme.
    • Akola and Washim in Nagpur region, Parbhani and Hingoli in Aurangabad region, Solapur and Pandharpur in Pune region, Kolhapur and Sangli in Goa region and Malegaon and Palghar in Navi Mumbai region are included.
  • A total of 50 villages in each district will be covered during the current financial year 2020-2021.

Schemes covered

  • The schemes covered under the Five Star scheme include:
    • Savings Bank accounts, Recurrent Deposit Accounts, NSC / KVP certificates,
    • Sukanya Samridhi Accounts/ PPF Accounts,
    • Funded Post Office Savings Account linked India Post Payments Bank Accounts,
    • Postal Life Insurance Policy/Rural Postal Life Insurance Policy and
    • Pradhan Mantri Suraksha Bima Yojana Account / Pradhan Mantri Jeevan Jyoti Bima Yojana Account.
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