Jaitley highlights NDA govt’s financial inclusion achievements

05 April, Noida

Union Finance Minister Arun Jaitley Tuesday highlighted NDA government’s achievements in areas like financial inclusion, extension of insurance coverage, pension benefits to common people and loans to first-time entrepreneurs.

Underscoring the success of the government’s financial inclusion programme, Mr Jaitley said 18 crore bank accounts have been opened under the Pradhan Mantri Jan Dhan Yojana, thereby bringing these unbanked people under the banking system.

That would help them access bank loans and avoid going to moneylenders.The Finance Minister was speaking at the launch of ‘Stand Up India’ scheme of Prime Minister Narendra Modi.

He said insurance cover has been extended to 12.35 crore people during last one year while more persons are joining schemes in large numbers.

Jaitley direct benefits are being transferred to the bank accounts of poor people through Aadhar.Loans worth Rs 1.35 lakh crore have been extended to entrepreneurs from Scheduled Caste, women and members of minority communities through the Mudra scheme during the last financial year against the target of Rs 1.22 lakh crore.U