Besides, in order to meet the remittance requirements of migrants, banks should identify major inter-state migration corridors in the country and explore partnership with NGOs in different sets of origin-destination pairs. Adopt a functional cluster based approach  The challenge is to convert poverty into prosperity for the people, while at the same time, implementing it as a viable business opportunity for banks.
For that purpose, we must adopt a functional cluster based approach, well suited to the specific needs of different segments like Household workers, Construction workers, Weavers, Hawkers, Rickshaw pullers, Auto Drivers, etc.