Assam government makes bank accounts compulsory for students up to class 12 – Latest Breaking News

Guwahati: Bank accounts will now be compulsory for all children up to class XII studying in government or provincial educational institutions in Assam.

Before the 2021 assembly elections, the Assam government is moving forward on the policy of giving Direct Benefit Transfer (DBT) to students from classes 1-12. Exom Sarba Shiksha Abhiyan Mission office has asked all district education officers to start the process immediately.

“Bank accounts are to be opened for students from classes I to XII of all categories of schools including students from special training centers, residential schools, KGBV, model schools etc. This will be a large-scale exercise for the state. The entire exercise is to be completed by November 30, 2020, “read a latest letter sent by Mission Director of Samagra Shiksha, Assam, B. Kalyan Chakraborty.

For all students, bank accounts will be opened with zero balance. For students under 10, these will be joint accounts operated by parents. However, people above 10 can operate their accounts on their own.

Inspectors of Schools and District Elementary Education Officers, District Mission Coordinators and District Project Coordinators of all districts of the state, are directed to initiate necessary action.

Sources in the state education department told TOI that the state government may come up with some announcements to provide financial benefits to the students. However, the current modalities say that this decision is aimed at increasing the savings habit among school children from a tender age.

“Training children on the management of financial skills and incorporating good financial habits on savings can have a great impact on their financial future. This habit can be formed through the opening of bank accounts and it helps in managing their personal finances. Can be a great tool for the future. Given the importance of having a bank account number by each child, it is planned to open a bank account for all children in primary and secondary schools (except private schools), “Bank Method of opening accounts.

A source in the education department said that the bank account policy for each school child would help curb government benefits to “ghost students”, which is a major concern as far as pilgrimage in allocation, including mid-day meals , Is related. More than three lakh “ghost children” have been identified by the state education department in the government schools of Assam during the 2018-19 academic session.

Earlier this year, Chief Minister Sarbananda Sonowal was told in a meeting by education department officials that more than 3.12 lakh “ghost students” have been identified in the state, who were registered during the previous state government rule. From now on, only the certification of the concerned head teacher or school principal is considered a document for opening a bank account. “As soon as the Aadhaar number is generated, it will be linked with the bank account of the students,” read the letter.

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