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BJP hails PM Modi's Jan Dhan Yojana

Lucknow/ Bhopal/ Mumbai, Aug 29 (ANI): BJP leaders and cabinet ministers hailed the initiative of Prime Minister Narendra Modi to launch a scheme to ensure that the majority of households in his country of nearly 1.3 billion people have a bank account within months. If successful, the Jan Dhan Yojana could help mend strained state finances by better targeting billions of dollars in welfare spending as well as relieving poverty in a country where about 40 percent of the population has no access to banking. Madhya Pradesh Chief Minister Shivraj Singh Chouhan praised the initiative saying through this scheme people would be able to save their money judiciously. Under the scheme, the government will give account holders a debit card and accident insurance cover of up to 100,000 rupees. Good customers would also be eligible for an overdraft facility of up to 5,000 Indian rupees after six months. Foreign Minister Sushma Swaraj said this could help break a link between poor public services and corruption. Home Minister Rajnath Singh said this would make people financially independent. Meanwhile, Power Minister Piyush Goyal said through this scheme the poor people will be able to participate in the economic development of the country. Aug 29, 2014
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Pradhan Mantri Jan Dhan Yojana would fight poverty in the country: Modi

New Delhi, Aug 28 (ANI): Prime Minister Narendra Modi, while launching the ambitious 'Pradhanmantri Jan Dhan Yojana, said that the scheme will fight poverty in the country. He added that the scheme would help India to get rid of 'financial untouchability'. The Pradhan Mantri Jan Dhan Yojana is an ambitious scheme, under which the government would provide every household with a bank account and an insurance cover. Under the banking scheme, account holders would get a debit card and accident insurance cover of up to 100,000 rupees ($1,654). They would also get an overdraft facility of up to 5,000 Indian rupees. The first phase of the mission, starting this month, would end in August next year. The second phase will start from 2015 till 2018, covering aspects such as micro insurance and pension schemes like 'Swavalamban'. Aug 28, 2014
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PM Narendra Modi launches 'Pradhanmantri Jan Dhan Yojana'

New Delhi, Aug 28 (ANI): Prime Minister Narendra Modi on Thursday launched the 'Pradhanmantri Jan Dhan Yojana. The Pradhan Mantri Jan Dhan Yojana is an ambitious scheme, under which the government would provide every household with a bank account and an insurance cover. Under the banking scheme, account holders would get a debit card and accident insurance cover of up to 100,000 rupees ($1,654). They would also get an overdraft facility of up to 5,000 Indian rupees. The first phase of the mission, starting this month, would end in August next year. The second phase will start from 2015 till 2018, covering aspects such as micro insurance and pension schemes like 'Swavalamban'. Aug 28, 2014
need-to-get-rid-of-financial-untouchability-to-save-economy-modi

Need to get rid of 'financial untouchability' to save economy: Modi

New Delhi, Aug 28 (ANI): Prime Minister Narendra Modi, while launching the ambitious 'Pradhanmantri Jan Dhan Yojana', said that the scheme will help India get rid of 'financial untouchability'. The Pradhan Mantri Jan Dhan Yojana is an ambitious scheme, under which the government would provide every household with a bank account and an insurance cover. Under the banking scheme, account holders would get a debit card and accident insurance cover of up to 100,000 rupees ($1,654). They would also get an overdraft facility of up to 5,000 Indian rupees. The first phase of the mission, starting this month, would end in August next year. The second phase will start from 2015 till 2018, covering aspects such as micro insurance and pension schemes like 'Swavalamban'. Aug 28, 2014
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It's an UPA scheme: Congress on Jan Dhan Yojna's launch today

New Delhi, Aug 28 (ANI): Prime Minister Narendra Modi will formally launch the 'Pradhan Mantri Jan Dhan Yojana ' across the nation on Thursday, under which the government would provide every household with a bank account and an insurance cover. The scheme, to be launched across the country simultaneously, will benefit every household. Each account holder will be provided with a 'RuPay' debit card and Rs 1 lakh accident cover. Meanwhile, reacting over this the Congress said that it is UPA government’s scheme which the Modi government is implementing. Aug 28, 2014
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PM Modi to launch 'Jan Dhan Yojna' today

New Delhi, Aug 28 (ANI): Prime Minister Narendra Modi will formally launch the 'Pradhan Mantri Jan Dhan Yojana ' across the nation on Thursday, under which the government would provide every household with a bank account and an insurance cover. The scheme, to be launched across the country simultaneously, will benefit every household. Each account holder will be provided with a 'RuPay' debit card and Rs 1 lakh accident cover. Hailing the ambitious project, BJP leader Nalin Kohli said that Jan Dhan Yojna is an important step towards financial inclusion. Government believes in action and will deliver the promises it made. Telecommunications and IT Minister Ravi Shankar Prasad said that the government is committed to the welfare of people, the whole idea is to put India on the path of growth and progress. Aug 28, 2014
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