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Home > Uncategorized > Jan Dhan accounts hit 43 crore in 7 years, deposits 1.46 lakh crore | India Information

Jan Dhan accounts hit 43 crore in 7 years, deposits 1.46 lakh crore | India Information

NEW DELHI: The Centre on Saturday mentioned it had communicated to banks in regards to the plan to make sure protection of Jan Dhan account holders underneath numerous micro insurance coverage schemes whereas PM Narendra Modi mentioned the federal government’s monetary inclusion initiative had remodeled the nation’s growth trajectory and helped deepen transparency.
A finance ministry assertion mentioned eligible Jan Dhan account holders will probably be sought to be lined underneath PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana) and PMSBY (Pradhan Mantri Suraksha Bima Yojana) and banks have already been knowledgeable about this plan. It additionally mentioned there are in depth plans to advertise digital funds, together with RuPay debit card utilization, amongst these account holders by creating acceptance infrastructure.
Enhancing entry of PMJDY account holders to micro-credit and micro funding can be being deliberate, the assertion mentioned, whereas referring to future plans for the Jan Dhan account holders.

The PM lauded those that had labored to make the Jan Dhan scheme a hit, saying their efforts have ensured that folks lead a greater high quality of life. “On Saturday we mark seven years of #PMJanDhan, an initiative that has ceaselessly remodeled India’s growth trajectory. It has ensured monetary inclusion and a lifetime of dignity in addition to empowerment for numerous Indians. Jan Dhan Yojana has additionally helped additional transparency,” he tweeted.

There was a pointy enhance in Jan Dhan accounts for the reason that scheme was began. As on August 18, the variety of complete PMJDY accounts had been 43 crore and 55.5% (23.9 crore) Jan Dhan account holders are ladies and 66.7% (28.7 crore) are in rural and semi-urban areas.
“The journey of PMJDY led interventions undertaken over 7 years has in impact, produced each transformational in addition to directional change thereby making the rising monetary inclusion ecosystem able to delivering monetary companies to the final particular person of the society-the poorest of the poor,” finance minister Nirmala Sitharaman mentioned.
Whole deposit balances underneath PMJDY accounts stand at Rs 1,46,230 crore and so they have elevated about 6.3 occasions and a couple of.4 occasions (August 2021/ August 2015), as per a finance ministry assertion.

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