Nagaland Assembly Speaker launches Jan Dhan scheme in state

Image
Press Trust of India Kohima
Last Updated : Aug 28 2014 | 8:25 PM IST
Nagaland Assembly Speaker Chotisuh Sazo today launched the Jan Dhan Yojana in the state and said Direct Benefit Transfer under many other government schemes could be successfully implemented only if there was universal coverage of bank accounts along with Aadhaar numbers.
Sazo launched the scheme at a formal programme organised by SBI Kohima.
He laid emphasis on the need for the state government to work fast if Nagaland was to take maximum advantage of central schemes.
The Speaker highlighted the need to provide Aadhaar numbers to every citizen in the state to fully utilise the Pradhan Mantri Jan Dhan Yojna (PMJDY).
Stating that the objective of the scheme could be achieved fully without proper connectivity in rural areas, the Speaker asked BSNL and other telecom service providers to become more active and be involved in providing better services to all parts of Nagaland.
SBI, Corporate Centre, General Manager, G C Pandey said around 150 camps were being simultaneously organised across the state commemorating the launch of the programme.
The scheme will cover 7.5 crore people nationwide by January 26, 2015, who will be provided zero-balance bank account with RuPay debit card, life insurance cover of Rs 30,000 in addition to accidental insurance cover of Rs 1 lakh.
Later the account holders will be provided an overdraft facility of up to Rs 5,000.
*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 28 2014 | 8:25 PM IST

Next Story