Demonetisation: Huge surge in Jan Dhan account deposits, Rs 21,000 crore mobilised; maximum from Bengal

Mamata Banerjee-ruled West Bengal leads the pack of states which has seen the highest deposits so far followed by Karnataka.

By: PTI | New Delhi | Updated: November 24, 2016 5:40 pm
Jan dhan, Demonetisation, Jan Dhan accounts, Demonetisation jan dhan, Jan Dhan news, jan dhan deposits, demonetisation, banks, jan dhan, jan dhan yojna, On November 8, Prime Minister Narendra Modi in a surprise move announced demonetisation of 500 and 1,000 rupee notes and since then, long queues before banks and post offices are seen to deposit or exchange these currencies. (Source: Express photo by Dilip Kagda)

Jan Dhan Accounts have seen a huge surge in deposits, with Rs 21,000 crore being parked in such accounts following demonetisation announced earlier this month. In the last 13 days, banks have been flooded with deposits in Jan Dhan accounts that have touched Rs 21,000 crore, sources said. On November 8, Prime Minister Narendra Modi in a surprise move announced demonetisation of 500 and 1,000 rupee notes and since then, long queues before banks and post offices are seen to deposit or exchange these currencies.

WATCH VIDEO: Over 30 Times Surge In Jan Dhan Deposits: Find Out How

Mamata Banerjee-ruled West Bengal leads the pack of states which has seen the highest deposits so far followed by Karnataka. Following the currency withdrawal, the total balance has reached Rs 66,636 crore. As of November 9, the total balance was Rs 45,636.61 crore.

With a view to increasing banking penetration and promoting financial inclusion and with the main objective of covering all households with at least one bank account per household across the country, Pradhan Mantri Jan Dhan Yojna (PMJDY) was launched on August 28, 2014. Such accounts have a deposit limit of Rs 50,000.

Earlier, Finance Minister Arun Jaitley had said the government is looking into sudden ‘popping up’ of money into zero-balance Jan Dhan accounts. “We are getting some complaints that suddenly monies have popped up in the Jan Dhan accounts, so there is a misuse and that is why the rationing in initial days takes place,” he had said.

WATCH VIDEO: Mamata Banerjee Compares Centre’s Demonetisation Move To Hitler’s Rule

He had cautioned that the departments concerned will act if anything improper is found in the deposits.

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First Published on: November 23, 2016 6:34 pm
  1. H
    Haru Mandal
    Nov 23, 2016 at 3:05 pm
    I don't see any huge surge or sign of CORRUPTION money here. May be IE can explain with a simple arithmetic. 66000 Crore in 25.5 crore Accounts from 45000 Crore???lt;br/gt;I also don't see WB (or the poor in WB) are topping in corruption? I only see that poor there are a bit better off then poor in elsewhere. If one can interpret that way.
    Reply
    1. P
      pawan
      Nov 23, 2016 at 2:01 pm
      Amazing...spite of this misuse knowledge what is the good governance going to do about it. Colossial failure in implementation and planning for a such good move is now hallmark of this governance. Bound to happen when you have inept leadership along with corrupt inept babus.
      Reply
      1. M
        MyTake
        Nov 23, 2016 at 8:01 pm
        Mamata's Bengal will turn this into jana Dhan Ki Booth! Well done Mamata!
        Reply
        1. M
          MyTake
          Nov 23, 2016 at 6:04 pm
          Means illegal money going into Jan Dhan account. Good enough reason another demonitisation down the track! May be after one year!lt;br/gt;Plus Enquiry should be made where the fund coming from even though it could be below 2.5 Lakhs!
          Reply
          1. A
            A
            Nov 23, 2016 at 1:40 pm
            Both are non NDA ruling states....shame on those who are using these poor for their own benefits...and politician supporting such move....
            Reply
            1. V
              Vishy
              Nov 23, 2016 at 2:05 pm
              It's amply clear that mamata banerjee and Rahul baba's appointee Siddaramiah are frustrated and mentally stressed out at losing so much black money.lt;br/gt;lt;br/gt;They were the ones opposing this move and now you see why !!lt;br/gt;lt;br/gt;Yet all these congress and sickular bhakts will blindy support these pieces of junk
              Reply
              1. A
                Amrita
                Nov 23, 2016 at 3:59 pm
                On a visit to the nearby subzi mandi was informed tht there is a slowdown in purchases made. The situation is gradually improving. I heard an individual express concern over the scrutiny of Jan Dhan accounts vis a vis other accounts. An understanding of the context of such scrutiny needs to percolate to the ordinary man and woman on the street. I fear tht misinformation of various kinds is being spread by some individuals and political Parties.
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                1. A
                  A
                  Nov 23, 2016 at 6:03 pm
                  Erleir our father's generation used to say " What Bengslis do today will be done by the rest if India tomorrow' Our generation has to say " Bengali's lead in hiding their I'll gotten money over the rest of India.Good progress indeed
                  Reply
                  1. S
                    S Srinivasan
                    Nov 23, 2016 at 4:18 pm
                    The sudden increase in these accounts should be scrutinised and the source oflt;br/gt;funds to be ascertained.If found wrong,such amounts to be placed under FDlt;br/gt;for 10/15 years in the name of the beneficiary and nominated in the name of lt;br/gt;spouse/children.Withdrawl or preclosure of such deposits should not be donelt;br/gt;without the knowledge of the Centre. Sarada scam money and the looted moneylt;br/gt;by the Congress goons at Karnataka must be the reason for this sudden spurtlt;br/gt;there.
                    Reply
                    1. S
                      SK
                      Nov 25, 2016 at 11:01 pm
                      Can Mamta explain from where this much money came which is being deposited in jan dhan yogna accounts. She is a street thug who knows how to mislead people.
                      Reply
                      1. D
                        Deshu
                        Nov 23, 2016 at 1:28 pm
                        Is mamata banerjee getting exposed as the most corrupted CM in India. ?
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                        1. S
                          Santanu Mukherjee
                          Nov 24, 2016 at 7:14 am
                          Now it is clear why West Bengal CM Miss.M.Banerjee is leading against the demonetization step taken by Central Government.She has proved that a major share of black money is present in West Bengal of which largest share is with her party Netas.lt;br/gt;Hat's off for the decision taken by honorable P.M.
                          Reply
                          1. S
                            sb
                            Nov 23, 2016 at 2:35 pm
                            Goes onto show our BENGAL is a very very corrupt place,,lt;br/gt;lt;br/gt;From Docs, to lawyers...they just rob the people !!lt;br/gt;lt;br/gt;We have a Givt. which buys poor, runs on bribe money and muscle power and extortions
                            Reply
                            1. B
                              bhakt
                              Nov 23, 2016 at 4:30 pm
                              PM stated that the the secret work towards demonetisation was on for the last 10 months which means, if not Dr. Raghuram Rajan surely Mr Urjit Patel would be in the know. This means, Urjit Patel was selected 10 months back for the post of RBI Governor which was also kept secret. A big year for Indian governmental secrets.
                              Reply
                              1. C
                                Confusedbhakth
                                Nov 23, 2016 at 1:44 pm
                                That is Rs 1000 per account on average
                                Reply
                                1. B
                                  BASTIMAL SURANA
                                  Nov 26, 2016 at 5:20 am
                                  "AIN" FOR PEOPLES OF WEST BENGAL and KARNATAKA RULED BY "JEHADI" MAMATA BIBI and "PAPPU" ITALIAN HI
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                                  1. B
                                    Bodan
                                    Nov 25, 2016 at 5:46 am
                                    Mamata's shrill protest knowing well that the demon decision cannot be rolled back, is to stop the Modi Govt from interfering in her conversion process of black to white through JanDhan account. Their cadres are very active now and under IT scanner.
                                    Reply
                                    1. P
                                      Pawar RS
                                      Nov 23, 2016 at 7:12 pm
                                      Mamta's loot of Sharada and Narada has made into these accounts and that's the reason she's sweating all over. A Kaamwali what more can one expect ?
                                      Reply
                                      1. R
                                        Rakesh Pandit
                                        Nov 25, 2016 at 3:02 pm
                                        Mamta, the new political joker, is trying very hard to protect her minority votebank, against National interest. Saradha scam has to be checked in depth now.
                                        Reply
                                        1. R
                                          Rakesh Pandit
                                          Nov 23, 2016 at 4:31 pm
                                          Highest Jandhan bank acvounts filled up at West Bengal!!! No wonder this joker mamta banerji is screeching like a mad goat!!
                                          Reply
                                          1. A
                                            Arun
                                            Nov 23, 2016 at 1:45 pm
                                            It is in the interest of country and unearthing Black Moneys. all accounts holders of Jan Dhan Yojana must be investigated by CBI. Everyone knows which Party is behind them.Few days back Mohammed Salim, CPM MP has told public that Mamata wanted help from CPM to save her party leaders from Saradha Chit Fund scam black moneys.That is why Mamata Banerjee rushed to Delhi second Time. Shame ! How Arvind Kejriwal joins her.
                                            Reply
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