Thursday, 28 August 2014

PM Narendra Modi launches project to provide bank account to all

NEW DELHI: Prime Minister Narendra Modi on Thursday launched his pet project Pradhan Mantri Jan-Dhan Yojana, a mega financial inclusion plan under which everyone will be provided with a bank account.

"Jan Dhan Yojna will go a long way in eradicating poverty and is a big step towards women's empowerment", Modi said inaugurating the scheme.

"The poor of the nation will get strength to fight poverty with this scheme", Modi said, adding, "It will go a long way in bridging the divide between the rich and the poor."

"To eradicate poverty, we must end financial untouchability," Prime Minister said.

As an incentive people opening accounts under the scheme till January 26 will get Rs 30,000 life insurance besides accidental insurance of up to Rs 1 lakh.

Highlighting the importance of the project, Modi said, "Even after 68 years of independence, 68 per cent of population is not connected with banking." Modi,Bank account,Jan Dhan Yojna



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