PNB Participates in Innovative Sanitation Financing Forum Organised by Ministry of Drinking Water

Sarkaritel
By Sarkaritel February 18, 2016 10:00

PNB Participates in Innovative Sanitation Financing Forum Organised by Ministry of Drinking Water


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The Forum was inaugurated by Shri. Birender Singh, Hon’ble Union Minister, Ministry of Drinking Water & Sanitationin the presence of Gary White, Founder, Water.org , Saraswati Prasad, Additional Secretary, Ministry of Drinking Water and Sanitation, Mr. Amarjeet Sinha, Additional Secretary, Ministry of Drinking Water and Sanitation, Dibyendu Sarkar, Secretary &  Commissioner, Swachh  Bharat Mission, West Bengal .

Dr. Rakesh Gupta, General Manager said that access to safe water supply and sanitation are basic human needs and rights. Inequities in drinking water & sanitation availability are a reflection of unequal development within the country. The idea of not having a toilet is perhaps as outlandish to many as the idea of not having a bank account or not being insured or not having any arrangements at all for old age.

He further added thatRecent RBI policy changes “Bank loans up to a limit of 5 crore per borrower for building social infrastructure as part of priority sector lending” have paved the path of water & sanitation credit expansion by Banks and Bank is keen to workout products involving Micro Financial Institutions/Self-Help Groups (SHGs)/ Joint Liability Groups (JLGs) to have a very positive effect on the funding into the sector. Dr. Rakesh Gupta stressed the need to work together, build innovative partnerships and share knowledge.

The Forum was attended by Representatives from Ministry of Drinking Water & Sanitation, Ministry of Rural Development, State Governments, World Bank /RBI/NABARD/PSBs, Diplomats, Senior Government Officials, Policy Makers, Industry, Research & Academic Institutions, Extension Agencies, Financial Institutions and other stake-holders in Drinking Water & Sanitation sector in India and abroad.

Sarkaritel
By Sarkaritel February 18, 2016 10:00