Assam makes bank accounts mandatory for students up to Class 12 in govt schools – Times of India

Assam makes bank accounts mandatory for students up to Class 12 in govt schools - Times of India
GUWAHATI: Bank accounts will now be mandatory for all kids up to Class XII learning in authorities or provincialized academic establishments in Assam.

Ahead of the 2021 meeting polls, the Assam authorities goes forward with the coverage of giving a direct profit switch (DBT) to students from Class 1-12. The Axom Sarba Siksha Abhiyan Mission workplace has requested all district schooling authorities to provoke the method instantly.

“Bank account is to be opened for students from Class-I to XII of all categories of schools, including students of Special Training Centres, residential schools, KGBVs, model schools etc. It will be a massive exercise for the state. The whole exercise is to be completed by November 30, 2020,” learn a modern letter despatched from mission director of Samagraa Siksha, Assam, B Kalyan Chakravarthy.

For all students, the bank accounts can be opened with zero stability. For students beneath 10 years, will probably be joint accounts operated by guardians. However, these above 10 can function their accounts on their very own.

Inspectors of schools and district elementary schooling officers, together with the district mission coordinator and district challenge coordinators of all districts of the state, have been directed to provoke obligatory motion.

Sources in the state schooling division advised TOI that the state authorities would possibly come up with some bulletins to present monetary advantages to students. However, the current modality says the choice is aimed toward inculcating the behavior of financial savings amongst faculty kids from a young age.

“Training of children on management of financial skills and inculcate good financial habits on savings can make a great impact on their financial future.This habit can be created through opening of bank accounts and it may be a great tool for managing their personal finances in their future. In view of the importance of having a bank account number by each child, it has been planned to open bank account for all children of elementary and secondary schools (except private schools),” the modality for opening bank accounts acknowledged.

A supply from the schooling division mentioned the coverage of bank account for each faculty kids will assist in stopping authorities advantages to “ghost students” which has been a significant concern so far as pilferage in allotments, together with that of mid-day meal, is anxious. Over three lakh “ghost children” have been recognized by the state schooling division in authorities-run schools of Assam through the 2018-19 educational session.

Early this yr, chief minister Sarbananda Sonowal was knowledgeable in a gathering by the schooling division officers that greater than 3.12 lakh “ghost students” in the state have been recognized who have been registered through the regime of the earlier state authorities regime. From now, solely certification of the involved head trainer or principal of the varsity is to be thought of as a doc for opening bank accounts. “Aadhaar number will be linked with the bank account of students as soon as Aadhaar is generated,” learn the letter.

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