Jan Dhan Yojana: Every fourth account inoperative, Uttar Pradesh tops list; nearly 6 crore have zero balance
Jan Dhan Yojana: Every fourth account under the Pradhan Mantri Jan Dhan Yojana (PMJDY) is inoperative, while nearly 5.72 crore accounts had zero balance, as per data given by the Finance Ministry in an RTI reply, PTI reported.
Launched as part of the National Mission for Financial Inclusion in August 2014, the Pradhan Mantri Jan Dhan Yojana aims to ensure comprehensive financial inclusion of all households in the country. It provides universal access to banking facilities with at least one basic bank account for every household, financial literacy, and social security cover.
Over 59 crore combined balance in Jan Dhan accounts
The Finance Ministry’s Department of Financial Services (DFS) in its response to a Right to Information application by activist Chandra Shekhar Gaur said:
No data on these parameters
According to the response, the government said it does not centrally maintain information on the following:
