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Don’t miss the latest developments in business and finance.
India economy to reach $7 trillion mark in next seven years: CEA Nageswaran
Nageswaran added that the economy will be $3.5 trillion by the end of the current fiscal, FY23
Only 8.2% of 463 million Jan Dhan accounts are zero balance: RBI report
81.2% were operative as of August 2022, up from 76% in 2017
PMJDY accounts hit 462.5 mn in eight yrs, deposits reach Rs 1.73 trillion
However, there was a decline in operative accounts as a percentage of the total, from 85.6% in August 2021 to 81.2% in August 2022
Jan Dhan scheme completes six years, benefits over 40 crore people
Financial Inclusion is a national priority of the government as it is an enabler for inclusive growth, the finance ministry statement said
Is greed good?
A more caring India would provide for Universal Basic Income
Women Jan Dhan account holders to receive 2nd installment from Mon: FinMin
The transfer has been staggered over a period of five days to avoid rush at the bank branches
600 Jan Dhan accounts under Income Tax dept's lens in Bihar, Jharkhand
Total Rs 42.4 crore undisclosed income has been unearthed so far in the two states
Demonetisation: Inflows in Jan Dhan accounts fall after public warning
Following the Income Tax Department's warning on not allowing misuse of Jan Dhan accounts for laundering black money post-demonetisation, inflows into such accounts have come down significantly, the government has said.
Taxmen find Rs 1.64 cr undisclosed income in Jan Dhan accounts
Till Nov 23, Rs 21,000 crore has been parked in such accounts following demonetisation
Govt manipulating zero-balance Jan Dhan account figures: Congress
Congress said that the Modi government has forced banks to open crores of accounts under the Jan Dhan Yojana, which remain unutilised
Why Jan-Dhan Yojana is gaining currency in Uttar Pradesh & West Bengal
The two states account for 24% of total accounts opened under financial inclusion scheme