Govt sets up mission to oversee implementation of Jan Dhan

Govt sets up mission to oversee implementation of Jan Dhan

FP Archives November 19, 2014, 22:21:06 IST

The eight-member mission includes Telecom Minister Ravi Shankar Prasad, Rural Development Minister Chaudhary Birender Singh and Reserve Bank of India Governor Raghuram Rajan, sources said.

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Govt sets up mission to oversee implementation of Jan Dhan

New Delhi: The government has set up a mission under the chairmanship of Finance Minister Arun Jaitley to oversee the implementation of the Pradhan Mantri Jan Dhan Yojna (PMJDY).

The eight-member mission includes Telecom Minister Ravi Shankar Prasad, Rural Development Minister Chaudhary Birender Singh and Reserve Bank of India Governor Raghuram Rajan, sources said.

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Finance Minister Arun Jaitley. Image courtesy PIB

Other top officials in the mission include financial services secretary Hasmukh Adhia, telecom secretary Rakesh Garg, rural development secretary LC Goyal and Indian Banks Association chairman TM Bhasin, the sources said.

“The mission has been set up to give direction and guidance to the PMJDY and oversee its implementation. The Cabinet has also been apprised of this,” the sources said.

According to the data provided by Department of Financial Services, as on 7 November 2014 a total of 7.1 crore bank accounts have been opened under PMJDY.

Launched on 28 August this year, Jan Dhan Yojna is a national mission for financial inclusion to ensure access to financial services, namely, banking and savings and deposit accounts, remittance, credit, insurance, pension in an affordable manner.

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