Summary
The program will help young people learn how to save money, get a bank account, and start small businesses.
Banks will also make it easier to find information online about school fees, job training, and starting a shop.
Key Points
4 points1
Launch date: October 2, 2026.
2
Target age: 16 years and older.
3
Banks will visit schools and colleges.
4
A special website or app will give easy money tips.
New Words to Learn
16 wordsPublic Sector Banks
Big banks owned by the government that help people with money.
Public Financial Institutions
Government‑run groups that lend money for big projects.
Department of Financial Services
The part of the government that looks after banks and money matters.
financial sector
All the places that help people save, borrow, and move money.
priority sector lending
Giving loans to important groups like farmers or small businesses.
agriculture
Farming of crops and raising animals for food.
horticulture
Growing fruits, vegetables, and flowers.
value chain
All the steps from making a product to selling it.
Farmer Producer Organisations
Groups of farmers who work together to sell their crops.
digital onboarding
Signing up for a service using a phone or computer.
cross‑selling
Suggesting other useful products when you buy one thing.
integration
Connecting two different systems so they work together.
Unified Payments Interface
India’s system that lets people pay using phones.
RuPay
India’s own bank card that works like a credit or debit card.
financial inclusion
Making sure everyone can use banks and other money services.
Viksit Bharat
A plan for India to become a fully developed country by 2047.
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