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‘30 crore families got Jan-Dhan A/Cs in 3 yrs’

DNMUM396622 | 9/14/2017 | Author : DNA Money Correspondent | WC :357 | Business & Economy



New Delhi: About 30 crore families have got bank accounts since the launch of the Pradhan Mantri Jan-Dhan Yojana (PMJDY) three years ago, said Finance Minister Arun Jaitley on Wednesday. “About 42 per cent of households were unbanked before the scheme was launched,” he added.
PMJDY aims to give every household access to banking facilities. Over three years, the number of zero-balance accounts has reduced from 77 per cent to 20 per cent and even these would become operational once the direct benefit transfer is expanded, he said.
The minister was speaking at a conclave on financial inclusion organised by United Nations on Wednesday.
He also said that the Aadhaar law will pass the test of constitutionality as it has ad
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