New Delhi, June 8 -- Over 580 million Jan Dhan accounts have helped bring crores of Indians into the formal banking system, ensuring that welfare benefits, low-cost insurance, and pensions reach beneficiaries directly without leakages, union Finance Minister Nirmala Sitharaman said.
In a post on X, she stated, "Garib Kalyan is Prime Minister Narendra Modi's guarantee of dignity, opportunity and empowerment for every Indian." She also added that India has distinguished itself globally in its fight against poverty and deprivation.
Launched on August 28, 2014, the Pradhan Mantri Jan Dhan Yojana (PMJDY) is among the world's largest financial inclusion initiatives.
As per the government data, 55 per cent of the PMJDY account holders are women...