Finance Minister Piyush Goyal, while presenting the interim Budget on Friday, said that nearly 34 crore Jan Dhan accounts were opened during Prime Minister Narendra Modi's regime.
Finance Minister Piyush Goyal, while presenting the interim Budget on Friday, said that nearly 34 crore Jan Dhan accounts were opened during Prime Minister Narendra Modi's regime.
With a view to cover all households with at least one bank account across the country, Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched in August, 2014.
Under the scheme, the government has allowed people to open bank accounts with no penalty on zero balance.
PMJDY was Modi government’s first flagship scheme to make banking sector reach every nook and corner of the country.
As of January 23, 2019, there were 20.14 crore and 13.89 crore beneficiaries of the scheme in rural and urban India respectively, with a total deposit of Rs 88,566.92 crore. Of these, 18.06 crore are total women beneficiaries.
The Budget dossier mentioned certain modifications to the scheme:
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