“Just as GST created one tax, one market, one India, the PMJDY and the JAM revolution can link all Indians into one common financial, economic, and digital space. No Indian will be outside the mainstream,” Jaitley wrote.
CBDT also said that average deposit per Jan Dhan account at Rs 13,113 during Nov 8-Dec 2 is not alarming.
Following the currency scrap, the total balance in these accounts had crossed Rs 65,000 crore to Rs 66,636 crore.
Like the Republic Day march: left-right, jan-dhan, left-right…The name has a nice ring to it.
No BJP-ruled state comes in the list of top five states, barring Maharashtra, where the party just came to power.
As per RBI estimates, up to March 2013, 3.95 million basic banking accounts availed overdraft facility of Rs 155 crore.
IDBI Bank said it opened 3.62 lakh basic bank accounts as against the target of 2 lakh under the scheme.