Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;With nearly 60% of the country&amp;rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual management summit Ahvan, the institute has decided to unveil a programme called Samanvay, where IIMI students will help underprivileged people in and around the campus open bank accounts and get insurance cover. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&amp;ldquo;There&amp;rsquo;s a clear need for financial services as about 90% of the population here is unbanked,&amp;rdquo; said Ravi Chandran, director, IIMI. &amp;ldquo;The project will commence from September with the unveiling of the annual summit.&amp;rdquo; The institute has involved its faculty to oversee the project. It believes that such initiatives will make students socially sensitive. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;IIMI is in talks with Bank of Baroda, State Bank of India, Union Bank of India and Canara Bank for opening accounts. &amp;ldquo;The accounts will have zero or a minimum balance requirement for those who don&amp;rsquo;t have access to banking,&amp;rdquo; said Amitava Bandyopadhyay, the programme&amp;rsquo;s convener and a second-year student at IIMI. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Given the work profile and lifestyle of the people, the institute has also decided to help them get insured, like personal accident policy for construction workers and health insurance for housewives. &amp;ldquo;National Insurance Company has shown interest, and it has insurance products that suit our target group,&amp;rdquo; says Amitava. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Seven hundred students from both the batches will contribute at least `100 towards the insurance premium and logistical expenditure of about `10,000. &amp;ldquo;We will pay the premium for the first year only. The idea is to create awareness and let people experience the benefits of risk management,&amp;rdquo; said Biswadip Paul, a second year student. The students will organise a series of workshops on risk management with the beneficiaries to make the programme sustainable. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;It was found that lack of information and documentation (like address proof), and not poverty, was the main reason for not having a bank account. So, the IIMI students are trying to organise employment certificates or domicile documents from the sarpanch to be used in lieu of address proof. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Each student contributor will be mapped one-to-one with the beneficiary. &amp;ldquo;It will give a sense of ownership in the initiative and encourage participants to take up more such causes in future,&amp;rdquo; said Amitava. &lt;/font&gt;
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With nearly 60% of the country&amp;rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual...&#039;
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                <strong>Financial inclusion: IIM Indore brings banking to poor by Dibyajyoti Chatterjee</strong></h1>
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                <p align="justify"><font ></font></p><p align="justify"><br /><font >With nearly 60% of the country&rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual management summit Ahvan, the institute has decided to unveil a programme called Samanvay, where IIMI students will help underprivileged people in and around the campus open bank accounts and get insurance cover. </font></p><p align="justify"><font >&ldquo;There&rsquo;s a clear need for financial services as about 90% of the population here is unbanked,&rdquo; said Ravi Chandran, director, IIMI. &ldquo;The project will commence from September with the unveiling of the annual summit.&rdquo; The institute has involved its faculty to oversee the project. It believes that such initiatives will make students socially sensitive. </font></p><p align="justify"><font >IIMI is in talks with Bank of Baroda, State Bank of India, Union Bank of India and Canara Bank for opening accounts. &ldquo;The accounts will have zero or a minimum balance requirement for those who don&rsquo;t have access to banking,&rdquo; said Amitava Bandyopadhyay, the programme&rsquo;s convener and a second-year student at IIMI. </font></p><p align="justify"><font >Given the work profile and lifestyle of the people, the institute has also decided to help them get insured, like personal accident policy for construction workers and health insurance for housewives. &ldquo;National Insurance Company has shown interest, and it has insurance products that suit our target group,&rdquo; says Amitava. </font></p><p align="justify"><font >Seven hundred students from both the batches will contribute at least `100 towards the insurance premium and logistical expenditure of about `10,000. &ldquo;We will pay the premium for the first year only. The idea is to create awareness and let people experience the benefits of risk management,&rdquo; said Biswadip Paul, a second year student. The students will organise a series of workshops on risk management with the beneficiaries to make the programme sustainable. </font></p><p align="justify"><font >It was found that lack of information and documentation (like address proof), and not poverty, was the main reason for not having a bank account. So, the IIMI students are trying to organise employment certificates or domicile documents from the sarpanch to be used in lieu of address proof. </font></p><p align="justify"><font >Each student contributor will be mapped one-to-one with the beneficiary. &ldquo;It will give a sense of ownership in the initiative and encourage participants to take up more such causes in future,&rdquo; said Amitava. </font></p><p align="justify"><font >Through Samanvay, the institute hopes to reach out to about 150-200 people who work inside the campus as daily-wage labourers or security guards. But the main aim is to take the project outside the IIMI campus to nearby villages. </font></p><p align="justify"><font >&ldquo;We are going to nearby villages like Janpavkuti, Bharpuwa, Bhagpura and Ambara with an approximate total population of 2,500,&rdquo; adds Biswadip.</font></p><p align="justify"><font ></font></p>               </font>
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;With nearly 60% of the country&amp;rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual management summit Ahvan, the institute has decided to unveil a programme called Samanvay, where IIMI students will help underprivileged people in and around the campus open bank accounts and get insurance cover. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;IIMI is in talks with Bank of Baroda, State Bank of India, Union Bank of India and Canara Bank for opening accounts. &amp;ldquo;The accounts will have zero or a minimum balance requirement for those who don&amp;rsquo;t have access to banking,&amp;rdquo; said Amitava Bandyopadhyay, the programme&amp;rsquo;s convener and a second-year student at IIMI. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Given the work profile and lifestyle of the people, the institute has also decided to help them get insured, like personal accident policy for construction workers and health insurance for housewives. &amp;ldquo;National Insurance Company has shown interest, and it has insurance products that suit our target group,&amp;rdquo; says Amitava. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Seven hundred students from both the batches will contribute at least `100 towards the insurance premium and logistical expenditure of about `10,000. &amp;ldquo;We will pay the premium for the first year only. The idea is to create awareness and let people experience the benefits of risk management,&amp;rdquo; said Biswadip Paul, a second year student. The students will organise a series of workshops on risk management with the beneficiaries to make the programme sustainable. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;It was found that lack of information and documentation (like address proof), and not poverty, was the main reason for not having a bank account. So, the IIMI students are trying to organise employment certificates or domicile documents from the sarpanch to be used in lieu of address proof. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;With nearly 60% of the country&amp;rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual management summit Ahvan, the institute has decided to unveil a programme called Samanvay, where IIMI students will help underprivileged people in and around the campus open bank accounts and get insurance cover. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Each student contributor will be mapped one-to-one with the beneficiary. &amp;ldquo;It will give a sense of ownership in the initiative and encourage participants to take up more such causes in future,&amp;rdquo; said Amitava. &lt;/font&gt;
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With nearly 60% of the country&amp;rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual...&#039;
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With nearly 60% of the country&rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual..."/>
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                <strong>Financial inclusion: IIM Indore brings banking to poor by Dibyajyoti Chatterjee</strong></h1>
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                <p align="justify"><font ></font></p><p align="justify"><br /><font >With nearly 60% of the country&rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual management summit Ahvan, the institute has decided to unveil a programme called Samanvay, where IIMI students will help underprivileged people in and around the campus open bank accounts and get insurance cover. </font></p><p align="justify"><font >&ldquo;There&rsquo;s a clear need for financial services as about 90% of the population here is unbanked,&rdquo; said Ravi Chandran, director, IIMI. &ldquo;The project will commence from September with the unveiling of the annual summit.&rdquo; The institute has involved its faculty to oversee the project. It believes that such initiatives will make students socially sensitive. </font></p><p align="justify"><font >IIMI is in talks with Bank of Baroda, State Bank of India, Union Bank of India and Canara Bank for opening accounts. &ldquo;The accounts will have zero or a minimum balance requirement for those who don&rsquo;t have access to banking,&rdquo; said Amitava Bandyopadhyay, the programme&rsquo;s convener and a second-year student at IIMI. </font></p><p align="justify"><font >Given the work profile and lifestyle of the people, the institute has also decided to help them get insured, like personal accident policy for construction workers and health insurance for housewives. &ldquo;National Insurance Company has shown interest, and it has insurance products that suit our target group,&rdquo; says Amitava. </font></p><p align="justify"><font >Seven hundred students from both the batches will contribute at least `100 towards the insurance premium and logistical expenditure of about `10,000. &ldquo;We will pay the premium for the first year only. The idea is to create awareness and let people experience the benefits of risk management,&rdquo; said Biswadip Paul, a second year student. The students will organise a series of workshops on risk management with the beneficiaries to make the programme sustainable. </font></p><p align="justify"><font >It was found that lack of information and documentation (like address proof), and not poverty, was the main reason for not having a bank account. So, the IIMI students are trying to organise employment certificates or domicile documents from the sarpanch to be used in lieu of address proof. </font></p><p align="justify"><font >Each student contributor will be mapped one-to-one with the beneficiary. &ldquo;It will give a sense of ownership in the initiative and encourage participants to take up more such causes in future,&rdquo; said Amitava. </font></p><p align="justify"><font >Through Samanvay, the institute hopes to reach out to about 150-200 people who work inside the campus as daily-wage labourers or security guards. But the main aim is to take the project outside the IIMI campus to nearby villages. </font></p><p align="justify"><font >&ldquo;We are going to nearby villages like Janpavkuti, Bharpuwa, Bhagpura and Ambara with an approximate total population of 2,500,&rdquo; adds Biswadip.</font></p><p align="justify"><font ></font></p>               </font>
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;With nearly 60% of the country&amp;rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual management summit Ahvan, the institute has decided to unveil a programme called Samanvay, where IIMI students will help underprivileged people in and around the campus open bank accounts and get insurance cover. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&amp;ldquo;There&amp;rsquo;s a clear need for financial services as about 90% of the population here is unbanked,&amp;rdquo; said Ravi Chandran, director, IIMI. &amp;ldquo;The project will commence from September with the unveiling of the annual summit.&amp;rdquo; The institute has involved its faculty to oversee the project. It believes that such initiatives will make students socially sensitive. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;IIMI is in talks with Bank of Baroda, State Bank of India, Union Bank of India and Canara Bank for opening accounts. &amp;ldquo;The accounts will have zero or a minimum balance requirement for those who don&amp;rsquo;t have access to banking,&amp;rdquo; said Amitava Bandyopadhyay, the programme&amp;rsquo;s convener and a second-year student at IIMI. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Given the work profile and lifestyle of the people, the institute has also decided to help them get insured, like personal accident policy for construction workers and health insurance for housewives. &amp;ldquo;National Insurance Company has shown interest, and it has insurance products that suit our target group,&amp;rdquo; says Amitava. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Seven hundred students from both the batches will contribute at least `100 towards the insurance premium and logistical expenditure of about `10,000. &amp;ldquo;We will pay the premium for the first year only. The idea is to create awareness and let people experience the benefits of risk management,&amp;rdquo; said Biswadip Paul, a second year student. The students will organise a series of workshops on risk management with the beneficiaries to make the programme sustainable. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;It was found that lack of information and documentation (like address proof), and not poverty, was the main reason for not having a bank account. So, the IIMI students are trying to organise employment certificates or domicile documents from the sarpanch to be used in lieu of address proof. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Each student contributor will be mapped one-to-one with the beneficiary. &amp;ldquo;It will give a sense of ownership in the initiative and encourage participants to take up more such causes in future,&amp;rdquo; said Amitava. &lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Through Samanvay, the institute hopes to reach out to about 150-200 people who work inside the campus as daily-wage labourers or security guards. But the main aim is to take the project outside the IIMI campus to nearby villages. &lt;/font&gt;
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With nearly 60% of the country&amp;rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual...&#039;,
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With nearly 60% of the country&rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual..."/>
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                <strong>Financial inclusion: IIM Indore brings banking to poor by Dibyajyoti Chatterjee</strong></h1>
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                <p align="justify"><font ></font></p><p align="justify"><br /><font >With nearly 60% of the country&rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual management summit Ahvan, the institute has decided to unveil a programme called Samanvay, where IIMI students will help underprivileged people in and around the campus open bank accounts and get insurance cover. </font></p><p align="justify"><font >&ldquo;There&rsquo;s a clear need for financial services as about 90% of the population here is unbanked,&rdquo; said Ravi Chandran, director, IIMI. &ldquo;The project will commence from September with the unveiling of the annual summit.&rdquo; The institute has involved its faculty to oversee the project. It believes that such initiatives will make students socially sensitive. </font></p><p align="justify"><font >IIMI is in talks with Bank of Baroda, State Bank of India, Union Bank of India and Canara Bank for opening accounts. &ldquo;The accounts will have zero or a minimum balance requirement for those who don&rsquo;t have access to banking,&rdquo; said Amitava Bandyopadhyay, the programme&rsquo;s convener and a second-year student at IIMI. </font></p><p align="justify"><font >Given the work profile and lifestyle of the people, the institute has also decided to help them get insured, like personal accident policy for construction workers and health insurance for housewives. &ldquo;National Insurance Company has shown interest, and it has insurance products that suit our target group,&rdquo; says Amitava. </font></p><p align="justify"><font >Seven hundred students from both the batches will contribute at least `100 towards the insurance premium and logistical expenditure of about `10,000. &ldquo;We will pay the premium for the first year only. The idea is to create awareness and let people experience the benefits of risk management,&rdquo; said Biswadip Paul, a second year student. The students will organise a series of workshops on risk management with the beneficiaries to make the programme sustainable. </font></p><p align="justify"><font >It was found that lack of information and documentation (like address proof), and not poverty, was the main reason for not having a bank account. So, the IIMI students are trying to organise employment certificates or domicile documents from the sarpanch to be used in lieu of address proof. </font></p><p align="justify"><font >Each student contributor will be mapped one-to-one with the beneficiary. &ldquo;It will give a sense of ownership in the initiative and encourage participants to take up more such causes in future,&rdquo; said Amitava. </font></p><p align="justify"><font >Through Samanvay, the institute hopes to reach out to about 150-200 people who work inside the campus as daily-wage labourers or security guards. But the main aim is to take the project outside the IIMI campus to nearby villages. </font></p><p align="justify"><font >&ldquo;We are going to nearby villages like Janpavkuti, Bharpuwa, Bhagpura and Ambara with an approximate total population of 2,500,&rdquo; adds Biswadip.</font></p><p align="justify"><font ></font></p>               </font>
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<font face="arial,helvetica,sans-serif" size="3">With nearly 60% of the country&rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual management summit Ahvan, the institute has decided to unveil a programme called Samanvay, where IIMI students will help underprivileged people in and around the campus open bank accounts and get insurance cover. </font>
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<font face="arial,helvetica,sans-serif" size="3">&ldquo;There&rsquo;s a clear need for financial services as about 90% of the population here is unbanked,&rdquo; said Ravi Chandran, director, IIMI. &ldquo;The project will commence from September with the unveiling of the annual summit.&rdquo; The institute has involved its faculty to oversee the project. It believes that such initiatives will make students socially sensitive. </font>
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<font face="arial,helvetica,sans-serif" size="3">Seven hundred students from both the batches will contribute at least `100 towards the insurance premium and logistical expenditure of about `10,000. &ldquo;We will pay the premium for the first year only. The idea is to create awareness and let people experience the benefits of risk management,&rdquo; said Biswadip Paul, a second year student. The students will organise a series of workshops on risk management with the beneficiaries to make the programme sustainable. </font>
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<font face="arial,helvetica,sans-serif" size="3">With nearly 60% of the country&rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual management summit Ahvan, the institute has decided to unveil a programme called Samanvay, where IIMI students will help underprivileged people in and around the campus open bank accounts and get insurance cover. </font>
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<font face="arial,helvetica,sans-serif" size="3">&ldquo;There&rsquo;s a clear need for financial services as about 90% of the population here is unbanked,&rdquo; said Ravi Chandran, director, IIMI. &ldquo;The project will commence from September with the unveiling of the annual summit.&rdquo; The institute has involved its faculty to oversee the project. It believes that such initiatives will make students socially sensitive. </font>
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<font face="arial,helvetica,sans-serif" size="3">IIMI is in talks with Bank of Baroda, State Bank of India, Union Bank of India and Canara Bank for opening accounts. &ldquo;The accounts will have zero or a minimum balance requirement for those who don&rsquo;t have access to banking,&rdquo; said Amitava Bandyopadhyay, the programme&rsquo;s convener and a second-year student at IIMI. </font>
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<font face="arial,helvetica,sans-serif" size="3">Given the work profile and lifestyle of the people, the institute has also decided to help them get insured, like personal accident policy for construction workers and health insurance for housewives. &ldquo;National Insurance Company has shown interest, and it has insurance products that suit our target group,&rdquo; says Amitava. </font>
</p>
<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">Seven hundred students from both the batches will contribute at least `100 towards the insurance premium and logistical expenditure of about `10,000. &ldquo;We will pay the premium for the first year only. The idea is to create awareness and let people experience the benefits of risk management,&rdquo; said Biswadip Paul, a second year student. The students will organise a series of workshops on risk management with the beneficiaries to make the programme sustainable. </font>
</p>
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<font face="arial,helvetica,sans-serif" size="3">It was found that lack of information and documentation (like address proof), and not poverty, was the main reason for not having a bank account. So, the IIMI students are trying to organise employment certificates or domicile documents from the sarpanch to be used in lieu of address proof. </font>
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<font face="arial,helvetica,sans-serif" size="3">Each student contributor will be mapped one-to-one with the beneficiary. &ldquo;It will give a sense of ownership in the initiative and encourage participants to take up more such causes in future,&rdquo; said Amitava. </font>
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With nearly 60% of the country&rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual...'
$disp = '<p align="justify"><font ></font></p><p align="justify"><br /><font >With nearly 60% of the country&rsquo;s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual management summit Ahvan, the institute has decided to unveil a programme called Samanvay, where IIMI students will help underprivileged people in and around the campus open bank accounts and get insurance cover. </font></p><p align="justify"><font >&ldquo;There&rsquo;s a clear need for financial services as about 90% of the population here is unbanked,&rdquo; said Ravi Chandran, director, IIMI. &ldquo;The project will commence from September with the unveiling of the annual summit.&rdquo; The institute has involved its faculty to oversee the project. It believes that such initiatives will make students socially sensitive. </font></p><p align="justify"><font >IIMI is in talks with Bank of Baroda, State Bank of India, Union Bank of India and Canara Bank for opening accounts. &ldquo;The accounts will have zero or a minimum balance requirement for those who don&rsquo;t have access to banking,&rdquo; said Amitava Bandyopadhyay, the programme&rsquo;s convener and a second-year student at IIMI. </font></p><p align="justify"><font >Given the work profile and lifestyle of the people, the institute has also decided to help them get insured, like personal accident policy for construction workers and health insurance for housewives. &ldquo;National Insurance Company has shown interest, and it has insurance products that suit our target group,&rdquo; says Amitava. </font></p><p align="justify"><font >Seven hundred students from both the batches will contribute at least `100 towards the insurance premium and logistical expenditure of about `10,000. &ldquo;We will pay the premium for the first year only. The idea is to create awareness and let people experience the benefits of risk management,&rdquo; said Biswadip Paul, a second year student. The students will organise a series of workshops on risk management with the beneficiaries to make the programme sustainable. </font></p><p align="justify"><font >It was found that lack of information and documentation (like address proof), and not poverty, was the main reason for not having a bank account. So, the IIMI students are trying to organise employment certificates or domicile documents from the sarpanch to be used in lieu of address proof. </font></p><p align="justify"><font >Each student contributor will be mapped one-to-one with the beneficiary. &ldquo;It will give a sense of ownership in the initiative and encourage participants to take up more such causes in future,&rdquo; said Amitava. </font></p><p align="justify"><font >Through Samanvay, the institute hopes to reach out to about 150-200 people who work inside the campus as daily-wage labourers or security guards. But the main aim is to take the project outside the IIMI campus to nearby villages. </font></p><p align="justify"><font >&ldquo;We are going to nearby villages like Janpavkuti, Bharpuwa, Bhagpura and Ambara with an approximate total population of 2,500,&rdquo; adds Biswadip.</font></p><p align="justify"><font ></font></p>'
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Financial inclusion: IIM Indore brings banking to poor by Dibyajyoti Chatterjee

With nearly 60% of the country’s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual management summit Ahvan, the institute has decided to unveil a programme called Samanvay, where IIMI students will help underprivileged people in and around the campus open bank accounts and get insurance cover. “There’s a clear need for financial services as about 90% of the population here is unbanked,” said Ravi Chandran, director, IIMI. “The project will commence from September with the unveiling of the annual summit.” The institute has involved its faculty to oversee the project. It believes that such initiatives will make students socially sensitive. IIMI is in talks with Bank of Baroda, State Bank of India, Union Bank of India and Canara Bank for opening accounts. “The accounts will have zero or a minimum balance requirement for those who don’t have access to banking,” said Amitava Bandyopadhyay, the programme’s convener and a second-year student at IIMI. Given the work profile and lifestyle of the people, the institute has also decided to help them get insured, like personal accident policy for construction workers and health insurance for housewives. “National Insurance Company has shown interest, and it has insurance products that suit our target group,” says Amitava. Seven hundred students from both the batches will contribute at least `100 towards the insurance premium and logistical expenditure of about `10,000. “We will pay the premium for the first year only. The idea is to create awareness and let people experience the benefits of risk management,” said Biswadip Paul, a second year student. The students will organise a series of workshops on risk management with the beneficiaries to make the programme sustainable. It was found that lack of information and documentation (like address proof), and not poverty, was the main reason for not having a bank account. So, the IIMI students are trying to organise employment certificates or domicile documents from the sarpanch to be used in lieu of address proof. Each student contributor will be mapped one-to-one with the beneficiary. “It will give a sense of ownership in the initiative and encourage participants to take up more such causes in future,” said Amitava. Through Samanvay, the institute hopes to reach out to about 150-200 people who work inside the campus as daily-wage labourers or security guards. But the main aim is to take the project outside the IIMI campus to nearby villages. “We are going to nearby villages like Janpavkuti, Bharpuwa, Bhagpura and Ambara with an approximate total population of 2,500,” adds Biswadip.