Union Budget 2016: Terming the Pradhan Mantri Jan Dhan Yojana (PMJDY) as “the world’s most successful” financial inclusion programme, President Pranab Mukherjee t said Rs 32,000 crore worth of deposits have been mobilised from over 21 crore account holders under the scheme.
In his address to the joint sitting of Parliament, Pranab Mukherjee highlighted various social security schemes of the government and the steps taken by it to improve functioning of state-owned banks. He also said the “concerted efforts” to tackle the menace of black money. stashed abroad have started yielding results. The government, the President said, has placed great emphasis on food security, Housing for All and subsidies so that they reach those who need them the most.
Source: http://www.financialexpress.com/article/budget-2016/union-budget-2016-jan-dhan-has-21-crore-accts-mobilised-rs-32000-crore-deposits-says-pranab-mukherjee/215466/ via NMApp
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