Nageswaran added that the economy will be $3.5 trillion by the end of the current fiscal, FY23
81.2% were operative as of August 2022, up from 76% in 2017
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
Financial Inclusion is a national priority of the government as it is an enabler for inclusive growth, the finance ministry statement said
A more caring India would provide for Universal Basic Income
The transfer has been staggered over a period of five days to avoid rush at the bank branches
Total Rs 42.4 crore undisclosed income has been unearthed so far in the two states
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.
Till Nov 23, Rs 21,000 crore has been parked in such accounts following demonetisation
Congress said that the Modi government has forced banks to open crores of accounts under the Jan Dhan Yojana, which remain unutilised
The two states account for 24% of total accounts opened under financial inclusion scheme