New Delhi, Feb 06: NITI Aayog and MSC signed a Statement of Intent (SoI) to continue the ongoing collaboration and work towards enhancing the status of financial inclusion in 27 districts under the “Transformation of Aspirational Districts Programme (TADP)”.

Mr. Rakesh Ranjan, Advisor in the NITI Aayog, signed the SoI with Mr. Manoj Sharma, the Director of MSC, in the presence of Mr. Amitabh Kant, the CEO of NITI Aayog.

MSC, funded by the Bill & Melinda Gates Foundation, has been providing technical assistance to enhance financial inclusion in 27 aspirational districts across eight states of India since July, 2018. Under this project, MSC works closely with policymakers, the district administration, and various banks. Together, we intend to enhance the adoption of banking products, develop channel innovation strategies, enhance the efficiency and effectiveness of financial inclusion initiatives of the government, and support evidence-based policymaking.

As a part of TADP, the central government, state governments, and the district administration work together to rapidly improve the performance of these districts. The key areas for improvement are health and nutrition, education, agriculture and water resources, financial inclusion and skill development, and basic infrastructure.

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