Rs 22,000 crore mobilised under Jan Dhan Yojana: Government

NEW DELHI: Government today said Rs 22,000 crore have been deposited in over 17.5 crore bank accounts within a year of the launch of the Pradhan Mantri Jan Dhan Yojana, the largest financial inclusion scheme in the world.

"At present, more than 17.5 crore bank accounts have been opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY). More than Rs 22,000 crore have been deposited by the people in their bank accounts opened under the PMJDY," the Finance Ministry said.

Prime Minister Narendra Modi had launched this ambitious scheme of financial inclusion on August 28, 2014.

The Finance Ministry in series of tweets said the target of opening one account per household was achieved by January 26, 2015, barring few areas of Jammu & Kashmir and left wing extremism affected districts.

"PMJDY, the biggest financial inclusion initiative of the world launched by Prime Minister Narendra Modi on August 28, 2014, completed its first year today," the Ministry said.

Listing milestone achieved under the PMJDY, the Finance Ministry in a statement said that Aadhaar has been seeded in 41.82 per cent account opened under PMJDY.

"More than 10 lakhs accounts have been found eligible for overdraft facility. Out of these, overdraft facility has been availed by 1,64,962 account holders," the Ministry said.

The Ministry further said 847 claims of life cover of Rs 30,000 and 389 claims of accident insurance cover of Rs 1 lakh have been successfully paid.

More than Rs 4,273 crore has been routed through Jan Dhan accounts towards payment of wages under MNREGA till June 2015.

Further, the government has transferred subsidy of more than Rs 17,446 crore through Jan Dhan accounts from November 2014 to July 31, 2015.

As on August 22, 2015, 8.17 crore beneficiaries have been enrolled under the Pradhan Mantri Suraksha Bima Yojana and 2.76 crore have been enrolled under Pradhan Mantri Jeevan Jyoti Bima Yojana, the Finance Ministry said.

About 6.83 lakh account holders have been enrolled under Atal Pension Yojana, it added.