Naveen, Jual launch PMJDY in Odisha;5 lakh A/Cs opened on Day1

Odisha Chief Minister Naveen Patnaik and Union Tribal Affairs Minister Jual Oram today launched the Pradhan Mantri Jan Dhan Yojana (PMJDY) here, with opening of over five lakh bank accounts.
"Pradhan Mantri Jan Dhan Yojana is broadly based on the principle of equity and inclusive growth with the object of ensuring mainstream financial services like access to banking facilities, credit and insurance cover to the poor and disadvantaged section," Patnaik said.
Stating that achieving universal financial inclusion is a global objective and has several dimensions like increasing economic activity and employment opportunities for the marginalised sections of the society, Patnaik said it would have a multiplier effect on the economy.

"Bringing under bank cover, the 'unbanked' population is one of the most formidable challenges and a pre-requisite to reach out to the poor and needy population by making available various public services through banking channel," he said.
S K Nandi, circle head-cum-convener SLBC (State Level Banking Committee) UCO Bank, said on the first day around 5,20,129 lakh accounts were opened in the state.
Patnaik pointed out that the state government has taken a significant step towards financial inclusion through expansion of banking facility in the state.
"We have planned for opening brick and mortar branches in all unbanked Gram Panchayats of the state by different public and private sector banks as well as Regional Rural Banks (RRBs) by March 31, 2019," he said.