India, Oct. 13 -- The Union ministry of tribal affairs (MoTA) has launched a financial literacy initiative to improve access to formal banking services and concessional credit among Particularly Vulnerable Tribal Groups (PVTGs) across four states, officials said on Monday.

The initiative, called the PVTG Vitta Samriddha Gram (PVTG V-SamGra), has been launched in collaboration with the National Scheduled Tribes Finance and Development Corporation (NSTFDC).

According to the officials, it was rolled out in Madhya Pradesh on September 27. Its first phase aims to cover around 200 selected PVTG villages in Madhya Pradesh, Odisha, Maharashtra and Chhattisgarh by March 2027, with approximately 50 villages in each state.

Ranjana Chopra, the MoT...