Vedavaag Systems Ltd establishing Common Services Centers (CSC) scheme is one of the mission mode projects under the Digital India Programme. CSCs are the access points for delivery of essential public utility services, social welfare schemes, healthcare, financial, education and agriculture services, apart from host of B2C services to citizens in rural and remote areas of the country. It is a pan-India network catering to regional, geographic, linguistic and cultural diversity of the country, thus enabling the Government’s mandate of a socially, financially and digitally inclusive society. • G2C • Busine ss to Citizen • Financial Inclusion • Education • ;Agriculture • Health Services • Digitize India • DigiPay Kiosk Banking • VEDAVAAG was selected State Bank of India as Business correspondent to implement the KIOSK business. • Appointed nearly 1000 Customer service points in Bihar and 200 in Jharkhand. • Started SBI BC business in Uttarakhand and planning to start in UP, Delhi, Punjab, Haryana and Rajasthan. • VEDAVAAG is doing KIOSK business on behalf of State Bank of Patiala in Himachal Pradesh, Punjab, Haryana and Rajasthan and appointed 250 Customer service points. • Also Vedavaag is doing BC business with Purvanchal Grameen bank in Uttar Pradesh. Current Status • Customer base of around 10 lakhs • Deposit base of 100 c
Announcement in Budget 2018 which will going to ramp up growth of Vedavaag Systems india Ltd by march 2018 expect huge orders from banks and government 2018 budget announced 1) National health protection scheme to cover 50 crore poor and vulnerable families. By providing them up to Rs 5 lakh per family per year for secondary and tertiary care hospitalisation 2) Announced Rs 600 crore for nutritional support of Tuberculosis patients in India 3) Announced to provided Rs 10,000 crore in 2018-19 for creation and augmentation of this telecom infrastructure," Jaitley said in his budget speech while referring to work done under government`s Bharat Net project. The Bharat Net project aims to connect 2.5 lakh gram panchayats 4) Announced Rs 500 will be provided to each TB patient undergoing treatment 5) Announced Free gas connections will be given to poor women.
Re: Vedavaag Systems Ltd VEDAVAAG
by niranjana hande on Feb 19, 2018 11:05 AM
From March 2018 it is expected to ramp up vedavaag systems ltd revenue and profit almost double from here YOY
