Applauded by the Guinness Book of World Records to transform a nation fully banked within a short span of time, Jan Dhan Yojna made its entry to the record book. Within a time period of 5 months, it provides pedestal for one of the ambitious plans of Govt of India.
On Tuesday, Indian finance minister Arun Jaitley told the reporters that the large part of India in these present days is combined in the combination of banking system. The PMJDY (Pradhan Mantri Jan-Dhan Yojna) was came out by the current Prime Minister of India, Narendra Modi in the month of August 2014 that which was identified for registering the most bank accounts which were about 1.8 crore just in a week as a part of financial inclusion campaign.
Jan Dhan Yojna in Guinness World Records
It stages the path for the central government’s plan to be motivated and determined plan to convey the yearly funding of about Rs 51,029 crore straight to the bank accounts of about 15.45 crore that will be proficient in the coming year, noting the system out comings. Already, the Indian government made the straight transfer of profits for many programmes.
This also includes the MGNREGS (Mahatma Gandhi National Rural Employment Guarantee Scheme) in about 300 districts to cover about 4.3 crore profits with the fund of Rs 15K crore per year in the form of many pensions and the scholarship schemes. The financial services secretary, Hasmukh Adhia said, “Full rollout will take total beneficiaries under MGNREGS up to 10 crore with Rs 33K crore funds flow annually.”
Distant from transfers sum of Rs 51,029 crore in many welfare schemes and rural jobs programme, cooking gas subsidies are also being conveyed to 15.34 present customers. This is piece of the plan to connect it with bank accounts in an adapted straight profit transfer for LPG from January 1. The government has expended about Rs 6,688.98 crore to 8.03 crore LPG customers up to January 14 and the form could go up to Rs 25K to Rs 30K crore annually.
The government has came out with 34 welfare schemes on the direct benefits transfer (DBT) way with around 9.90 crore receivers, even the biased connecting of profits in the rural jobs scheme. The number of accounts opened in PMJDY got up at 11.5 crore as of January 17 after a survey of 21.02 crore households. After entire bank accounts were opened, about 3.23 crore deposits will have the worth of about Rs 9,188 crore.