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Over 26 cr Jan Dhan accounts opened: President

New Delhi, Jan 31: Emphasising that the fincial inclusion was the key to poverty alleviation, President Prab Mukherjee on Tuesday said that an unprecedented number of over 26 crore Jan Dhan accounts have been opened for people who did not have a bank account. “Fincial inclusion is key to poverty alleviation. An unprecedented 26 crore plus Jan Dhan accounts have been opened for the unbanked,” Mukherjee said while addressing a joint session of both houses of parliament ahead of the Budget Session. “Close to 13 crore poor have been covered under various social security schemes,” he added.

To take the banking system to the doorstep of the poor and the unbanked, the Indian Postal Payments Bank has been started, the President said. He further added that over Rs two lakh crore has been provided through 5.6 crore loans sanctioned under Pradhan Mantri Mudra Yoja. (IANS)

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Ankur Kalita