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Pradhan Mantri Jan Dhan Yojana launched in J&K
8/28/2014 11:04:30 PM
Early Times Report

Srinagar, Aug 28: J&K Bank, Convenor J&K State Level Bankers' Committee today organised the launching ceremony of Pradhan Mantri Jan Dhan Yojana (PMJDY) in Srinagar and Jammu Launching function was held here at SKICC, while as in Jammu it was held at Government Women's College, Gandhi Nagar. J&K Finance Minister Abdul Rahim Rather was Chief Guest here at Srinagar function while as Minister of State (Independent Charge) for Science and Technology and Earth Sciences and MoS for Prime Minister Office Dr. Jitender Singh was the Guest of Honour at the function.
One and half crore saving accounts were opened across the country as Prime Minister Narendra Modi launched the country-wide campaign of Pradhan Mantri Jan Dhan Yojana (PMJDY) at Vigyan Bhavan in Delhi. Prime Minister's Address to the nation was beamed live into the SKICC auditorium. Earlier, the ceremony began with the lighting of candles by the Chief Guest and Guest of Honour in presence of Chief Secretary M I Khanday and J&K Bank Chairman and CEO Mushtaq Ahmad. Speaking on the occasion, Finance Minister said, "The launch of Pradhan Mantri Jan Dhan Yojna is an important milestone for the financial inclusion programme which has been successfully carried out in the state by the banks." "Led by J&K Bank, banks in the state have successfully accomplished Financial Inclusion Plan Phase-1 by providing 100 percent coverage to all the 795 villages with population above 2000. Even 80 percent of Chairman and CEO Mushtaq Ahmad said, "Financial Inclusion has always remained our high priority for promoting inclusive growth and bringing into the banking fold the people who live their lives outside the formal economy and whose daily struggle is still basic in nature and moves around the quest for survival. Reiterating the bank's commitment to PMJDY, he said, "We will rise to meet the challenge of this comprehensive financial inclusion plan and shall successfully break the perpetual cycle of exclusion and depravity across the state." On the occasion, there was a symbolic distribution of welcome kits among beneficiaries that contained RuPay Debit Card, Passbook and literature on financial awareness.
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