Tag: Jan Dhan accounts
11 Results
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40 crore bank accounts opened under PMJDY
As per the latest figures shared by Department of Financial Service, there are 40.05 crore beneficiaries of this scheme and deposits in Jan Dhan bank accounts are in excess of Rs 1.30 lakh crore.
August 4, 2020 -
Better subsidy targeting via technology saved $10 bn: PM Modi
Prime Minister Narendra Modi on Thursday said the direct transfer of government benefits using technology, bank accounts and biometric identifier Aadhaar has helped save $10 billion in subsidies. Addressing the Global Conference on Cyber Space here, he said technology breaks barriers and has led to efficient service delivery, governance and improved access to education …
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November 23, 2017 -
One crore Jan Dhan A/Cs frozen last year
Nearly one crore accounts under the Pradhan Mantri Jan Dhan Yojna (PMJDY) were frozen in the last year due to lack of any transactions, according to Central government data. It is also noted that out of 28.02 crore Jan Dhan accounts, only 1.8 crore operational ones have deposits of more than Rs.5,000. State Bank of …
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March 28, 2017 -
Demonetisation fallout: Jan Dhan deposits rise over 50%
Deposits in Jan Dhan accounts have grown by more than 50 per cent since the demonetisation announcement on November 8, an official statement said on Sunday. "As on December 21, deposits worth Rs.71,557.90 crore had been mobilsed under the Pradhan Mantri Jan Dhan Yojana (PMJDY)" and that this scheme for financial inclusion had succeeded in …
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January 1, 2017 -
Demonetisation: Inflows in Jan Dhan accounts fall after warning
Following the Income Tax Department's warning on not allowing misuse of Jan Dhan accounts for laundering black money post-demonetisation, inflows into such accounts have come down significantly, the government has said. In a release late on Wednesday, the Union Finance Ministry said there has been a continuous fall in deposits in last couple of weeks, …
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December 8, 2016 -
Crackdown on benami properties next
After examining Jan Dhan accounts for misuse, Income Tax (I-T) sleuths may next turn to those who have invested in benami properties. The I-T department is collecting data on the high value property transactions, government sources said. Under the new Benami Property Act which has come into effect from November 1, a transaction is called …
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December 6, 2016 -
Will find way to let poor retain Jan Dhan deposits: PM
Prime Minister Narendra Modi on Saturday said he “will find a way” to jail the rich who had after demonetisation stashed their ill-gotten wealth in Jan Dhan bank accounts of the poor, and let the poor retain their money. Defending his decision to demonetise old Rs.500 and 1,000 notes, Modi acknowledged the inconvenience caused to …
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December 3, 2016 -
RBI limits withdrawal from Jan Dhan accounts
To check the misuse of Jan Dhan accounts by black money hoarders, Reserve Bank has restricted the withdrawal from such accounts to Rs.10,000 per month. “With a view to protect the innocent farmers and rural account holders of PMJDY from activities of money launders and legal consequences under the Benami Property Transaction & Money Laundering …
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November 30, 2016 -
Jan dhan accounts flush with cash in Odisha
The hitherto dormant Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts in nationalised banks have now sprung to life and are flush with cash in several parts of Odisha, thanks to demonetisation drive. The post offices are also witnessing sudden upsurge of deposits of scrapped notes with inoperative accounts being made operational by account holders in …
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November 27, 2016 -
Jan Dhan account deposits rise to over Rs.64k crore
Aggregate deposits in Jan Dhan accounts have increased to Rs.64,252.15 crore as on the eighth day after the announcement of demonetisation of high-value currency, Parliament was informed on Friday. “As on November 16, 25.58 crore accounts with aggregate deposits of Rs.64,252.15 crore have been opened under Pradhan Mantri Jan Dhan Yojana (PMJDY) across the country,” …
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November 25, 2016 -
Rs.21k crore put in Jan Dhan accounts
The money has come in after November 8 when Prime Minister Narendra Modi declared 500 and 1,000 rupee notes would no more be legal tender.
November 23, 2016