transfer ( dbt ) scheme. state - level bankers ’ committee ( slbc ) convenor banks were advised to co - ordinate with the government functionaries for implementation of aadhaarenabled payments. banks have to expedite the process of opening bank accounts in camp mode and seeding of accounts with aadhaar numbers. the status of the rollout of aadhaarenabled payments is a regular agenda item for discussion in slbc meetings as part of financial inclusion / electronic benefit transfer ( ebt ) implementation. the dbt was rolled out in 43 districts in the first phase from january 1, 2013, and has been extended to 78 districts from july 1, 2013. eventually, all districts in the country will be covered. 12. high - level financial inclusion advisory committee moving towards universal financial inclusion has been a national commitment as well as a policy priority for the reserve bank. in order to spearhead efforts towards greater financial inclusion, the reserve bank has constituted a financial inclusion advisory committee ( fiac ) chaired by a deputy governor. the fiac has a few directors from the central board of the reserve bank, experts drawn from ngos and civil society representatives as members. the expertise and experience of the members will be leveraged : to develop viable and sustainable banking service delivery models that provide accessible and affordable financial services ; to develop products and processes for rural as well as urban consumers who are currently outside the banking network ; and to create an appropriate regulatory framework to ensure that financial inclusion and financial stability move together. financial literacy : 13. building financial capability through financial literacy is a key component of financial inclusion. it means providing financial education so that individuals can identify and use appropriate financial products and services in order to build and preserve their assets over time. it should make people better informed, better educated and more confident, able to take greater responsibility for their financial affairs and able to play a more active role in the market for financial services. 14. 718 flcs have been set up as at the end of march 2013. a total of 2. 2 million people have been educated through indoor education to walk - in persons and through outdoor activities such as awareness camps / choupals, goshtis, seminars and lectures in a one - year period, from april 2012 to march 2013. it has advised all flcs and rural branches of scheduled commercial banks to conduct a minimum of one outdoor financial literacy camp every month. national strategy for financial education ( nsfe ) : 15. the

nsfe has been prepared under the aegis of a technical group of the financial stability development council ( fsdc ). the nsfe will be implemented in a timeframe of five years and aims to establish initial contact with 500 million adults and educate them on key savings, protection and investment - related products so that they are empowered to take prudent financial decisions. it also seeks to create awareness about consumer protection and the grievance redressal mechanisms available in the country. under the nsfe, a national centre for financial education ( ncfe ) is proposed to be set up as an institutional mechanism to co - ordinate the efforts of all financial sector regulators. the ncfe will launch a common website on financial education for the country. bis central bankers ’ speeches now to flag some issues : 16. the world bank ( 2012 ) findex survey on, ” measuring financial inclusion indicators ” world bank policy research working paper # 6025 states thatin india only 35 % of adults had access to a formal bank account, only 2 % of adults use a formal account to receive remittances from relatives and 4 % use an account to receive government payments. these are 2011 figures and further ground has been covered but the challenges still remain. 17. financial inclusion plan – summary progress of all banks including rrbs sr particulars year ended mar 10 year ended mar 11 year ended mar 12 year ended march 13 banking outlets in villages - branches banking outlets in villages - bcs banking outlets in villages - other modes banking outlets in villages - total urban locations covered through bcs basic savings bank deposit a / c - branches ( no. in millions ) 60. 19 73. 13 81. 20 100. 80 basic savings bank deposit a / c - branches ( amt. in billions ) basic savings bank deposit a / c - bcs ( no. in millions ) basic savings bank deposit a / c - bcs ( amt. in billions ) 44. 33 13. 27 10. 69 57. 89 31. 63 18. 23 109. 87 57. 30 10. 54 164. 69 81. 27 18. 22 od facility availed in bsbda's ( no. in millions ) od facility availed in bsbda's ( amt. in billions ) kccs - ( no. in millions ) 0. 18 0. 10 24. 31 0. 61 0. 26 27. 11 2. 71 1. 08 30. 24 3