New Delhi, June 8 -- Over 580 million Jan Dhan accounts have brought crores of Indians into the formal banking system, and the Jan Dhan scheme has ensured that benefits under welfare schemes, low-cost insurance and pensions reach without leakages, said union Finance Minister Nirmala Sitharaman.
In a social media post on X, Sitharaman said, "Garib Kalyan is Hon'ble PM Shri @narendramodi's guarantee of dignity, opportunity and empowerment for every Indian." India has stood out globally in its fight against poverty and deprivation, she added.
The Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched on August 28, 2014, and is one of the world's largest financial inclusion initiatives.
As per the government data, 55 per cent of the PMJDY accou...