Union Finance Minister Nirmala Sitharaman pointed out that 67% of the accounts are in rural and semi-urban areas and 56% are held by women, reflecting the scheme’s reach among disadvantaged groups.
Elaborating on the benefits of Pradhanmantri Jan Dhan Yojana, which completed its 10 years, Prime Minister Narendra Modi said on Wednesday that for him, this was not just a policy, but an endeavour to build an India where each has access to the formal banking apparatus.
The state boasts of the highest number of women beneficiaries of the scheme.
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.
The achievement comes just ahead of the sixth anniversary of PMJDY launch.
Implementation would require strong interstate support and hotlines between states to resolve issues quickly. Interstate support could ensure that the demand of each host state is known in advance to the source state and it could divert outflow of migrant workers accordingly.
From today onwards, all banks have started remitting first monthly installment of Rs 500.
The Parliament will meet for the Budget session from today till February 13 with the interim budget to be presented on February 1.
PM Modi became the first world leader to address the festival which was launched in 2016 and is in its third edition.
The State Bank of India said it is looking at revising minimum balance amount and penalty charges in the wake…
