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Jan Dhan accounts surpass 50 cr, deposits cross Rs 2 trillion
The Business Guardian
|August 28, 2023
India's India's ambitious Jan Dhan Yojana scheme has achieved a significant milestone, with over 50 crore (500 million) bank accounts opened in the past nine years and the total deposits having crossed Rs 2 lakh crore, according to the Finance Ministry.
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Launched on August 28, 2014, the Pradhan Mantri Jan Dhan Yojana (PMJDY) is a financial inclusion program aimed at providing access to financial services like banking, remittances, credit, insurance, and pensions to the underprivileged sections of society. Initially, the scheme had a target to provide universal banking access to all households in the country, but it has now been modified to cover all adults in
This story is from the August 28, 2023 edition of The Business Guardian.
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