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Assam, banks tie up for NREGA scheme

The Assam government has tied up with banks for issuance of biometric cards to beneficiaries under the National Rural Employment Guarantee Act (NREGA).

, ET Bureau|
Dec 01, 2009, 10.36 PM IST
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GUWAHATI: The Assam government has tied up with banks for issuance of biometric cards to beneficiaries under the National Rural Employment Guarantee Act (NREGA).

Assam panchayat and rural development minister Chandan Brahma said on Tuesday, "We have tied up State Bank of India (SBI), Axis Bank and Assam Gramin Vikash Bank for rolling out the biometric card. The banks will than appoint business correspondents."

Andhra Pradesh has already adopted this system, he added. There are around 34 lakh job card holders in Assam. We have also decided to increase the daily wages from Rs 80 to Rs 100. The new wage will be implemented from Wednesday onwards, he said.

The state government claimed NREGA scheme has been successful in the state. Mr Brahma informed that in 2009-10 around Rs 1361 crore was received from the Centre. In 2008-09, the state received Rs 950 crore.

Recently, the Assam government agreed to provide 2% transaction cost for disbursal of NREGA fund to beneficiaries. The money of transaction cost will go to banking correspondents.
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