Jan Dhan Yojna answer to chit fund scams: Akbar

The Centre's Jan Dhan Yojna, which has brought the poor into the banking network, will stop people from going to chit fund companies, BJP national spokesperson M J Akbar said here today.
"Jan Dhan Yojna is the real answer to Saradha and Rose Valley. That is the answer. Why are the poor going to the chit funds? Because they have no other option," Akbar said at an interactive session organised by 'Friends of BJP' here.
He said if the poor are given a bank account, the chit funds will disappear.
"That is the brillance of this scheme," the BJP leader said, adding, as a result the people who support chit funds are against Prime Minister Narendra Modi.

Stating that it was a matter of shame that 400 million people were still below the poverty line in the country, Akbar claimed that growth during UPA's time was in the number of 'jobless'.
Since the Modi government came to power, the manufacturing sector has increased from a negative figure to around five per cent, he said.
On the issue of declassification of files relating to the disappearance of Netaji Subhas Chandra Bose, he said the age of truth on the issue is coming.
"There has been a conspiracy to stop the truth from coming out. Now the age of truth on Netaji is coming. When it comes out, it is going to destroy a lot of reputations of people who have gone and of the people who are still alive," Akbar said.