PUNJAB NATIONAL BANK PARTICIPATES IN INNOVATIVE SANITATION FINANCING ..
PUNJAB NATIONAL BANK PARTICIPATES IN INNOVATIVE SANITATION FINANCING FORUM ORGANISED BY MINISTRY OF DRINKING WATER
New Delhi: The Forum was inaugurated by Shri. Birender Singh, Hon’ble Union Minister, Ministry of Drinking Water & Sanitation in the presence of Mr. Gary White, Founder, Water.org , Mr. Saraswati Prasad, Additional Secretary, Ministry of Drinking Water and Sanitation, Mr. Amarjeet Sinha, Additional Secretary, Ministry of Drinking Water and Sanitation ,Mr. 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 that Recent 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.
Photo Caption:
Dr. Rakesh Gupta, General Manager,PNB participating as Panelist in “Innovative Sanitation Financing Forum” an event organized by the Ministry of Drinking Water & Sanitation in collaboration with World Bank ,UNICEF and Water.org at Vigyan Bhavan,New Delhi