COMMON SENSE SIMPLIFIED: BANKING ON WOMEN

COMMON SENSE SIMPLIFIED: BANKING ON WOMEN:

The All Women Bank will start off with six unspecified branches across the country. It should well be set up in the rural and backward hinterland rather than in the metropolises. The former’s need for the project far exceeds the latter! There are far more illiterate women in the rural belt than in their urban counterpart. According to the 2011 Census, the rural female literacy stands at 58.75 per cent compared to urban female literacy rate of 79.92 per cent. On top of it, generically rural women are less independent than urban women along with lower employment rate. Therefore, the government should shed its  stereotype metro-first attitude towards anything that catches media hype and set up the units in the areas where status of women are at its lowest ebb.

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