PM Modi commends bank staff for successful rolling out of Jan-Dhan Yojana

Prime Minister Narendra Modi on Tuesday commended all bank staff for ensuring that the rolling out of the Pradhan Mantri Jan-Dhan Yojana was concluded smoothly.

Expressing his delight via an email, Prime Minister Modi noted that more than five crore bank accounts had opened since the scheme was launched in August. had urged you to ensure that no one is left behind without a bank account. I always had faith in the ability of our system to rise to any challenge and with your unflinching dedication, sense of purpose and hard work, your results have far exceeded expectations," the Prime Minister said.

However, Prime Minister Modi also said that despite the excellent start, the pace would henceforth grow only more relentless and difficult.

"As we move ahead from here, the journey is bound to become more difficult and achievements harder to come by. Reaching the last few who do not have bank accounts is going to be progressively more difficult. We must not slacken our efforts in ensuring full coverage," he said.

"This is also the time to reflect and make mid-course corrections as required. A lot of effort will be required in promoting financial literacy amongst the new account holders. New accounts also need to be kept alive and properly utilized. Aadhaar numbers will need to be seeded in bank accounts. Facilities like e-KYC must be gainfully utilized. Bank branches and Bank Mitras will have to play a more proactive role so that every account holder is reached by a banking agent regularly," the Prime Minister added

Prime Minister Modi launched the Pradhan Mantri Jan-Dhan Yojana on August 28, stating that the scheme will be the first step for many towards being a part of the economy.