After successful completion of 100 days newly formed Government, Indian Prime Minister Mr.Narendra Modi Launched Jan Dhan Yojna in New Delhi, aimed to eradicate the financial untouchability on poor by providing bank accounts.
On the inaugural day , 1.5 crore bank accounts were opened made a record in the bank industry and in the world. Modi Stated that this system will covers 7.5 crore beneficiary by January 26,2015.
With this Jan Dhan Yojna, a Beneficiary can get a zero balance account with RuPay debit card, Rs 30,000 insurance cover and Rs 1 Lakh accidental cover.And also beneficiary can overdraft up to Rs 5,000.
On this Occasion Modi stated that ” This will be a record breaking event by opening 1.5 Crore bank accounts. Mahatma Gandhi worked for Social untouchability and if we want to eradicate the poverty .Then we should free from Financial untouchability ” .