Prime Minister Narendra Modi’s ambitious initiative financial inclusion scheme Pradhan Mantri Jan Dhan Yojna (PMJDY) has made its way into the Guinness World Records for opening the highest number of bank accounts in the least time.
According to Financial Services Secretary, 11.5 crore new bank accounts have been under Jan Dhan Yojana so far.
Launched by PM Modi on August 28, 2014, the government had given banks the deadline of January 26, 2015 to open 10 crore accounts.
However, banks had achieved the target set by the government a month before the January 26 deadline.
99.74 per cent households in the country have been covered by Jan Dhan Yojana, the Finance Secretary said.
According to reports, 11.43 crore accounts were opened by banks across the country as of January 16. Of this, 8.24 crore accounts had zero balance.
Public sector banks alone opened 9.06 crore accounts, followed by regional rural banks which opened about 2 crore accounts. 13 private sector banks together open just 36 lakh accounts.