Prime Minister Narendra Modi launched ''Jan Dhan Yojana'' Thursday Aug 28,2014

 

Prime Minister Narendra Modi on Thursday  Aug 28,2014  launched his government's mega scheme 'Jan Dhan Yojana ', declaring that it was aimed at eradicating financial untouchability by providing Bank Accounts to the poor.
 
On the inaugural day, a record 1.5 crore bank accounts were opened across the country, the largest such exercise on a single day possibly anywhere in the world.
 
Unveiling the scheme within 100 days of forming the new government, Modi said it will cover 7.5 crore people by January 26, 2015, who will be provided zero-balance bank account with RuPay debit card, life insurance cover of Rs 30,000 in addition to accidental insurance cover of Rs 1 lakh.

 
Later the account holders will be provided an overdraft facility of up to Rs 5,000.

The scheme was simultaneously launched at multiple places by 20 Chief Ministers, several Union Ministers, including Information Minister Prakash Javadekar at Pune, Law Minister Ravi Shankar Prasad at Chennai, External Affairs Minister Sushma Swaraj at Bhopal, Home Minister Rajnath Singh at Lucknow and HRD Minister Smriti Irani at Surat.
There were in all 600 programmes and 77,852 camps were organised on the opening day to open Bank Accounts