Marking the sixth anniversary of the ‘Jan Dhan’ scheme, Prime Minister Narendra Modi said on Friday that the initiative has been a “game-changer” and served because the foundation for several poverty alleviation initiatives.
After he led the BJP to power in 2014, this was one among his government’s first major projects under which bank accounts of crores of individuals , mostly poor, were opened.
“Today, six years ago, the Pradhan Mantri Jan Dhan Yojana was launched with an ambitious aim of banking the unbanked. This initiative has been a game-changer, serving because the foundation for several poverty alleviation initiatives, benefitting crores of individuals ,” the prime minister tweeted.
“Thanks to the Pradhan Mantri Jan Dhan Yojana, the longer term of several families has become secure. A high proportion of beneficiaries are from rural areas and are women. I also applaud all those that have worked tirelessly to form PM-JDY a hit . #6Years Of JanDhan Yojana,” he added.
The graphics shared by him showed that quite 40 crore bank accounts are opened thus far with quite 63 per cent of the beneficiaries belonging to rural areas. Over 55 per cent of them are women.
The government has said that it’s been ready to directly transfer welfare benefits to the needy thanks to the scheme.