Jan Dhan accounts crossed Rs 80,000 crore mark

     Written by : SMTV24x7 | Sun, Apr 22, 2018, 01:54 PM

Jan Dhan accounts crossed Rs 80,000 crore mark

New Delhi, April 22: Total deposits in Jan Dhan accounts crossed Rs 80,000 crore mark with more people joining the flagship financial inclusion programme, according to official data.

Among many services of the NDA government to lower class Indian citizens would also be Pradhan Mantri Jan-Dhan Yojana. The account was launched with an aim to enable all households, urban and rural to gain easy and universal access to financial services.

The deposits, which have been steadily rising since March 2017, were at Rs 80,545.70 crore on April 11, 2018, said a finance ministry data.

Pradhan Mantri Jan-Dhan Yojana (PMJDY) accounts had come into focus during the demonetisation period when the deposits witnessed a meteoric rise.

The latest report of the World Bank titled Global Findex Report, 2017 released last week cited the success of the Jan Dhan Yojana.

India's financial inclusion efforts have won recognition from the World Bank as their data indicate that 55 per cent of new bank accounts opened are from India, Financial Services Secretary Rajiv Kumar had said.