The union government's Pradhan Mantri Jan Dhan Yojana (PMJDY) will be a "game-changer" in the country, union Law Minister Ravi Shankar Prasad said while launching the mega financial inclusion scheme here Thursday.
Prasad, who is also the minister for communications, information and technology, urged employees in the departments of telecom, posts and law to help at least one person open a bank account under the PMJDY and make it a success.
Tamil Nadu Governor K. Rosaiah said the synergy between the state administration and banking community will converge while serving those not yet reached.
State Finance Minister O. Panneerselvam said Tamil Nadu has been disbursing the proceeds of social benefits like old age pension through bank accounts.
Passbooks and debit cards were distributed among the account holders.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app