Vital milestone, says PM Modi on Jan Dhan accounts crossing 50-crore mark

About 56% of the accounts belonging to women. Representational file image.

About 56% of the accounts belonging to ladies. Representational file picture.
| Picture Credit score: PTI

Prime Minister Narendra Modi on August 19 lauded the feat of the variety of Jan Dhan accounts crossing the 50-crore mark as a big milestone.

It’s heartening to see that greater than half of those accounts belong to ladies, Mr. Modi posted on X.

The Union Finance Ministry mentioned on Friday that the overall variety of Jan Dhan accounts within the nation has crossed the 50-crore mark, with 56% of them belonging to ladies.

About 67% of those accounts have been opened in rural and semi-urban areas, the Ministry mentioned in a press release.

Terming it a big milestone, Modi mentioned, “It’s heartening to see that greater than half of those accounts belong to our Nari Shakti. With 67% of accounts opened in rural and semi-urban areas, we’re additionally making certain that the advantages of monetary inclusion attain each nook of our nation.” The overall deposits within the Jan Dhan accounts are above ₹2.03 lakh crore whereas round 34 crore RuPay playing cards have been issued with these accounts freed from price, the Finance Ministry mentioned.

The Modi authorities launched an enormous nationwide train in 2014 to open Jan Dhan financial institution accounts to spice up monetary inclusion with the intention of constructing a number of monetary providers, together with direct profit transfers, accessible to the poor.

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