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Jan Dhan account opening target will be met by December-end: Finance Ministry

New Delhi: Finance Ministry exuded confidence that the target of opening 7.5 crore bank accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) would be met by December-end."One thing I would like to say that

PTI [ Updated: October 16, 2014 7:38 IST ]
jan dhan account opening target will be met by december end
jan dhan account opening target will be met by december end finance ministry

New Delhi: Finance Ministry exuded confidence that the target of opening 7.5 crore bank accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) would be met by December-end.

"One thing I would like to say that because of the banks' efforts today. We have been able to reach to these many people. We are very hopeful that by December-end we will achieve this target. Lagataar koshish ho rahi hai (continous efforts are being made)," Minister of State for Finance Nirmala Sitharaman told reporters here.

While launching the PMJDY, Prime Minister Narendra Modi had exhorted the concerned officials to complete the task of opening 7.5 crore accounts before the next Republic Day, which falls on January 26.

As on October 7, 5.52 crore accounts were opened and a deposit of Rs 4268 crore have been mobilised under PMJDY so far.

When pointed out that many people were facing problems in getting forms for opening accounts and banks were not cooperating, Sitharaman said the matter would be taken up with the Banking Secretary.

She added banks have been given instructions to help people in opening accounts.

PMJDY is national mission for financial inclusion to ensure access to financial services, like banking/ savings and deposit accounts, remittance, credit, insurance and pension in an affordable manner.

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