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6 years of Pradhan Mantri Jan Dhan Yojana: PM Modi hails achievements of game changer scheme

PM - Jan Dhan Yojana

New Delhi: Pradhan Mantri Jan Dhan Yojana (PMJDY), the flagship scheme of Modi government completed 6 years today. The scheme was launched on this day in 2014 to provide banking facilities to everyone across the country.

As per reports, over 40.35 crore bank accounts have been opened under the scheme since its inception and 1.3 lakh crore have been deposited in these accounts. About 8 crore PMJDY account holders are receiving Direct Benefit Transfer from the Government under various schemes.

The key features of this scheme are–Opening of basic saving bank deposit account with relaxed KYC, zero balance, and zero charges.Another being, the issuance of debit cards, with free accident insurance coverage of Rs 2 lakh and micro-insurance, overdraft for consumption, micro-pension, and micro-credit facilities.

PM Modi took to Twitter  to hail the achievements under the scheme as it served the foundation for many poverty alleviation initiatives, benefitting crores of people.

Taking to Twitter, Prime Minister Modi wrote, “Today, six years ago, the Pradhan Mantri Jan Dhan Yojana was launched with an ambitious aim of banking the unbanked. This initiative has been a game-changer, serving as the foundation for many poverty alleviation initiatives, benefitting crores of people. #6YearsOfJanDhanYojana.” The Prime Minister added that the high number of beneficiaries of this scheme are from rural areas and are women.

“Thanks to the Pradhan Mantri Jan Dhan Yojana, the future of several families has become secure. A high proportion of beneficiaries are from rural areas and are women. I also applaud all those who have worked tirelessly to make PM-JDY a success,” he wrote in another tweet.

PM Modi also applauded all those who have worked tirelessly to make Pradhan Mantri Jan Dhan Yojana a success.

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