Bhopal, Aug 17 (IANS): More than Rs 1 lakh crore have been deposited in over 36 crore bank accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY), reveals an RTI.
Chandrashekhar Gaur, a social worker from Neemuch district of Madhya Pradesh, filed the RTI seeking the details of the PMJDY from the Ministry of Finance.
The reply to his RTI application revealed that till July 17, 2019, around 36.25 crore accounts were opened under the scheme in which Rs 1,00,831 crore have been deposited.
The RTI also revealed that five years after the launch of the scheme, there were 4.99 crore or 14 per cent accounts which still have zero balance in them.
PMJDY is financial inclusion programme of the Central Government, which is applicable to 20 to 65 years age group, that aims to expand and make affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions.
The scheme is primarily aimed at the poorer sections who are unable to have access to the banking system. Under the programme, the accounts are opened at zero balance and they do not become dormant even if deposits are not made into it.
The scheme was launched by Prime Minister Narendra Modi on August 15, 2014. It has also entered the Guinness World Records for most bank accounts.
Comment on this article
Anonymous, Mangalore
Sat, Aug 17 2019Idea of opening new accounts doesn't require super brain. Our of 36 crore accounts 10 to 20% may be active. More number of SB accounts are not indicative of progress of banks in any way....
Real credit fir opening of more accounts in banks should go to great leader of down trodden Sri B Janardhana Poojary who facilitated people if all class to open accounts in banks way back in 1984 during late Rajeev Gandhi regime...Unfortunately there was no much tum tuming in public domain in these matters in those days .Hats off to Sri Janardhana Poojary.
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El En Tea, Mumbai
Sat, Aug 17 2019Why no servey figured out on PM Jivan Bhima Yojna.
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Vincent Rodrigues, Katapadi/Bangaluru
Sat, Aug 17 2019These accounts will hold water when they grow and active too.
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ad, mangaluru
Sat, Aug 17 2019What is the pint in having bank accounts when there is no money to deposit.Additional cost to banks to maintain dormant accounts. poor Ideas.
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Krishna, Udupi
Sat, Aug 17 2019Dear AD,
from when you started understanding what you want?
1 Lakh crore deposited in 36 crore accoubnt means average 2800 Rs in 36 crore account.
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ad, mangaluru
Sat, Aug 17 2019----there were 4.99 crore or 14 per cent accounts which still have zero balance in them."
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Sudhakar, Kallianpur
Sat, Aug 17 2019Ad,
Yes, there were.. not now....
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Dr.S.Kamath, Mumbai
Sat, Aug 17 2019I think you dont understand how banking works
Now with Modi Govt about 75 Crores of benificiaries exist for AADHAR linked DBTL .All schemes like Gas Subsidy ,Mnrega ,Pension all are routed through Bank accounts
So naturally bank account will not be dormant at all
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