Sukma: Banking services have returned to Jagargunda, a naxal-hit village in Chhattisgarh’s Sukma district, bringing hope and economic opportunities to local residents after years of disruption. The Indian Overseas Bank has reopened its branch, allowing villagers direct access to government schemes and financial services for the first time in decades.
Government Support and Bank Reopening
Chhattisgarh Chief Minister Vishnu Deo Sai confirmed the bank’s reopening and highlighted its importance.
“Jagargunda was famous for its tamarind market, and the bank there was blown up by Naxalites. Now, a bank has been re-established here. About 600 people have already opened accounts, gaining access to banking facilities without traveling long distances,” CM Sai said.
Bank Assistant Manager Shankar Mundari explained the government’s role in the initiative.
“There is no other bank within a 50-kilometre radius. Some villages are very remote, so we organise camps to open accounts. Jan Dhan accounts are being opened free of cost, and we are also spreading awareness. Students’ accounts are being opened along with parents’ accounts,” he said.
Read also: Chhattisgarh Records ₹7.83 Lakh Crore Investment Since Nov 2024, CM Sai Highlights Inclusive Growth
Impact on Villagers
Jagargunda Sarpanch Nitya Kosma recalled the challenges villagers faced two decades ago, when the village had the highest Naxal influence in the district.
“Earlier, there was no education, no hospital, no ration shop. People lived a difficult, unsettled life,” Kosma said.
Local resident Roshni Kashyap shared her relief.
“People had to walk 60 to 70 kilometres to access banking services. The opening of the bank has made a big difference. Residents are now able to receive benefits directly from the government,” she said.
Reviving the Economy and Local Markets
Jagargunda, once Asia’s famous tamarind market, had lost its economic vibrancy due to Naxal violence. The reopening of the bank is seen as a key step toward restoring trade, commerce, and overall development in the area.
Bastar Range IG Sundarraj P noted,
“Continuous anti-Naxal operations combined with developmental work are priorities. Restoring banking services in Jagargunda helps create a positive environment for trade, education, healthcare, and employment opportunities, especially for the youth.”
A Symbol of Change
The reopening of the bank is more than a financial milestone—it symbolizes Jagargunda’s transformation from a village crippled by Naxal violence to a community reclaiming its economic and social growth. Residents no longer need to travel long distances for banking services, and access to government schemes has become easier than ever.
