Rs 65,000 crore in 30 crore Jan Dhan accounts: Modi

Image
IANS New Delhi
Last Updated : Aug 27 2017 | 1:02 PM IST

Prime Minister Narendra Modi on Sunday said 30 crore families have been linked to Pradhan Mantri Jan Dhan Yojana in the last three years and Rs 65,000 crore deposited in their accounts.

Addressing his "Mann Ki Baat" radio programme, he said the Jan Dhan Yojana would complete three years on August 28.

"We have connected 30 crore new families to it, opened new accounts. This number is more than the population of several countries," Modi said.

He said the poor had become part of the mainstream of national economy, and the poor were saving money and feeling the security that comes with it.

"If money stays in hand, there is a desire sometimes to overspend it. Today, there is an atmosphere of restraint. The poor man too feel that money saved will come for the use of his children or in some other good venture."

He said the RuPay card had enhanced the sense of dignity of the poor.

"The poor have deposited Rs 65,000 crore in the banks. This is their saving and a source of strength for their future."

Modi also referred to the poor benefiting from the insurance schemes -- Pradhan Mantri Jeevan Jyoti Yojana and Pradhan Mantri Suraksha Bima Yojana.

The Prime Minister said millions of youths had got loans under the Mudra Yojana which had helped them stand on their feet and created employment opportunities.

--IANS

ps/py/mr

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Aug 27 2017 | 12:52 PM IST

Next Story