25 Crore Accounts Opened Under Jan Dhan Scheme, and Still Counting
The central government has already managed to open 25 crore bank accounts under the Jan Dhan Scheme. Jan Dhan is supposed to help in linking each household with a bank account, as envisaged by Arun Jaitley, the union Finance Minister.
Except in some remote and inaccessible areas, people now have the opportunity to be connected with banks and even have their own net-banking facilities.
The provision for financing entrepreneurship and small traders among weaker sections of the society has been increased to around Rs. 1,80,000 crore in the current fiscal, from that of Rs. 1,20,000 crores, as seen in the last year’s budget.