NEW DELHI: Finance Minister Arun Jaitley on Wednesday said, more than India’s 30 crore families have got bank accounts under the Jan Dhan Yojana since 2014 the launch of India’s biggest bank account opening drive.
At least 42 percent of families had not the bank account before the launching Jan Dhan Yojana, which goverment targets to provide every families access to banking facilities by offering them zero-balance accounts across all commercial banks.
Finance Minister said the number of zero-balance accounts has reduced from 77 percent to 20 percent and even these would become operational once the direct benefit transfer is expanded.
In September 2014, three months after the scheme was launched, 76.81 percent accounts had zero balance. The number of zero-balance accounts has now come down to 20 percent of the total, he said.
Nowadays, 99.99 percent of families have one account. So, all families which have got account through this scheme,they thanks to Jan Dhan Yojana.
Jaitley said biometric identification number Aadhaar was an evolving idea under the previous UPA regime and it did not have legislative backing.