PM Narendra Modi launches the Jan Dhan Yojana
Prime Minister Narendra Modi has launched his mammoth pet project, the Jan Dhan Yojana or People's Wealth scheme, which promises a bank account for every Indian household. His BJP-led NDA government completed 100 days in office on Tuesday.
Following are the highlights of his speech:- Those who won the prizes most of them are from non-Hindi speaking states and yet they named the scheme in Hindi
- Insurance for 1.5 crore people is a record in itself
- 77000 places holding simultaneous programmes, to take all chief ministers together it is a first for the Government of India
- This is a pleasant and unique experience for the government
- Even after 68 years of independence, 68 per cent of population not connected with banking
- If we want to get rid of poverty we need to end financial untouchability
- Many new branches will be opened, new jobs will be created. To take this scheme forward, new infrastructure will be set up
- Post office infrastructure can be used in the banking sector
- This whole scheme is for the poor - an attempt to rid India of poverty
- In any task once there is a breakthrough, it acquires a momentum of its own... (gadi apne aap chalne lagti hain)
- These people are getting 'RuPay' Cards - shouldn't that have credibility like the visa card does.... When someone goes for dinner, do they not swipe their cards. The poor can also swipe cards and pay for services
- For people who open accounts till January 26, there will be an additional life insurance of Rs 30,000
- Ab mere Gareeb ke paas bhi debit card hoga. It will give them psychological strength.
- When these bank accounts are opened, imagine the difference it will make in the lives of women. They will bless us.
- Financial inclusion is our duty and we are doing our duty
- Saving is in our nature... we don't depend on credit cards
- This will help us fight corruption
- (Narrates how Dena Bank people tried to track him for 20 years to close an account in his village) That was a time when people tried to close accounts, now we're making efforts to open new accounts
- Have emailed seven lakh bank employees to help make Jan Dhan Yojana successful
- Direct money transfer to bank accounts will be a tool to fight against corruption
- Villages of over 2,000 population will have some banking system