Guinness book of World Records recognises achievements made under PMJDY: FM
Highlighting the achievements made under Pradhan Mantri Jan Dhan Yojana (PMJDY), the biggest financial inclusion initiative in the world, the Finance Minister said that against the original target of opening bank accounts for 7.5 crore uncovered households in the country by Jan 26, banks have already opened 11.50 Crore accounts as on Jan 17 after conducting survey of 21.02 Crore households in the country.
Jaitely said that Guinness Book of World Records has also recognized the achievements made under Pradhan Mantri Jan Dhan Yojana (PMJDY) and has given certificate stating that the 'Most bank accounts opened in one week as part of the Financial Inclusion Campaign is 18,096,130 and was achieved by the Department of Financial Services, Government of India from 23rd to 29th August, 2014'.
He said that the coverage of 99.74% of the surveyed households has been achieved.
Jaitely further said that the survey was conducted in about 2.27 Lakh Sub Service Areas (SSAs) in rural areas and wards in urban areas in a record time of 4 months.
He said that out of the accounts opened, 60% are in rural areas and 40% are in urban areas. Share of female account holders is about 51%, the Minister added.
The Finance Minister Shri Jaitely further said that Rupay cards have been issued to more than 10 crore beneficiaries who will get a benefit of personal accidental insurance of Rs. 1.00 Lac under the Yojana.
Jaitley said that the PMJDY is a game changer for the economy as it has provided the platform for Direct Benefits Transfer (DBT) which, in turn, will help in plugging leakages in subsidies and thereby provide savings to the exchequer.
Earlier the Pradhan Mantri Jan Dhan Yojana (PMJDY), the biggest financial inclusion initiative in the world, was announced by Prime Minister Narendra Modi on Aug 15 last year from the ramparts of the Red Fort and launched by him on Aug 28 across the country.
While launching the Yojana, the Prime Minister had described the occasion as a festival to celebrate the liberation of the poor from a vicious cycle.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
