What impact did Jan Dhan Yojana have on India as noted by PM Modi
PM Modi praises the Jan Dhan Yojana on its 10th anniversary.
- Jan Dhan Yojana resulted in financial inclusion by providing banking services to previously unbanked individuals in India.
- PM Modi noted that over 42 crore bank accounts were opened under the scheme, benefitting the poor and marginalized sections of society.
- The Yojana led to increased access to credit, insurance, and other financial products, empowering individuals economically.
- It helped in reducing leakages in subsidy programs by facilitating direct benefit transfers into the bank accounts of beneficiaries.
- PM Modi highlighted how the scheme played a crucial role during the COVID-19 pandemic by ensuring swift disbursal of relief funds to those in need.
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8 months ago