New Delhi, June 8 -- Union Finance Minister Nirmala Sitharaman on Monday stated that the creation of over 58 crore Jan Dhan accounts has successfully integrated millions of citizens into the mainstream banking system.

The Jan Dhan initiative guarantees that welfare payouts, affordable insurance, and retirement pensions are delivered seamlessly without any leakages, according to a post on X from the minister's office.

"Garib Kalyan is Hon'ble PM Shri @narendramodi's guarantee of dignity, opportunity and empowerment for every Indian," she said.

The finance minister noted that India has emerged as a global leader in combating poverty and economic vulnerability.

Inaugurated on 28 August 2014, the Pradhan Mantri Jan Dhan Yojana (PMJDY) sta...