New Delhi: Prime Minister Narendra Modi on Saturday said
some 70 crore people untouched by any form of financial inclusion on Saturday
had bank accounts, thanks to the scheme he announced exactly a year ago.
Addressing the nation on India`s 69th Independence Day, the
prime minister said these bank accounts have also fetched deposits of Rs.20,000
crore, even though the Jan Dhan scheme calls for zero balance banks so that the
poor are not deprived of access to the baking system.
"For the poor, the doors of banks were closed. I said
this has to change. We wanted to strengthen financial inclusion," the
prime minister said. "Bank accounts are essential for integrating the poor
into the financial system. That`s what we have done."
As regards the deposits of Rs.20,000 crore in these bank
accounts, the prime minister said: "If this richness of the poor was not
there, such a feat would no have been possible."
Modi said no person wants to remain poor and those who live
in poverty want to move away to achieved a better quality of life. "That
is why, all our programmes must be for the poor."
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