While emphasizing the importance of horticulture-based industries in generating employment in Kashmir valley, the Chief Secretary asked banks to prioritize sanctioning of cases under PM Formalization of Micro Food Processing Enterprises Scheme based on 'One District One Product' model. The Chief Secretary also reviewed the financial inclusion initiatives as well as steps taken to improve financial literacy among rural masses in respect of various schemes for financial assistance including PM Jan Dhan Yojna, Rupay Debit Cards, PM Suraksha Beema Yojna, PM Jeevan Jyoti Beema Yojana, and Atal Pension Yojana, in addition to numerous self-employment generation schemes. Regarding opening of new bank touch points in rural and far-flung areas of Jammu and Kashmir, it was informed that J&K bank has expedited the process of installing VSAT at several locations in these areas for internet connectivity so as to provide banking facilities there.