Deposits in accounts opened under the government's flagship financial inclusion programme -- Pradhan Mantri Jan Dhan Yojana (PMJDY) -- have crossed the Rs 30,000 crore mark.
There is growing concern over the lack of clarity within the government, and outside, over the implementation of mega-schemes announced by PM Narendra Modi. The PMO appears to be failing to provide a clear direction.
Government today said Rs 22,000 crore have been deposited in over 17.5 crore bank accounts within a year of the launch of the Pradhan Mantri Jan Dhan Yojana, the largest financial inclusion scheme in the world.
The schemes to be launched by Narendra Modi are expected to address the issue of very low coverage of life or accident insurance and old age income in the country.
The schemes to be launched by Narendra Modi, are aimed at providing affordable universal access to essential social security protection in a convenient manner linked the bank account of a subscriber.