The Finance Ministry has informed Rajya Sabha that over _______ crore Jan Dhan (PMJDY) accounts are inoperative.
VerifiedAnswer: 5.82 crore
Explanation:
The Finance Ministry recently shared important data in the Rajya Sabha regarding the status of Jan Dhan accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY). According to the official statement, over 5.82 crore Jan Dhan accounts have become inoperative across the country.
An account is typically classified as inoperative when there are no transactions (deposits or withdrawals) for a continuous period, usually 12 months or more. This classification doesn't mean the account is closed permanently, but it requires reactivation procedures to become functional again.
The PMJDY, launched in August 2014, aimed to provide financial inclusion to every household in India. The scheme has been successful in opening millions of bank accounts for previously unbanked populations. However, the figure of 5.82 crore inoperative accounts highlights challenges in maintaining active usage of these accounts among beneficiaries.
This data is significant for understanding the effectiveness of financial inclusion initiatives and helps policymakers identify areas where additional support or awareness programs might be needed to encourage regular banking habits among Jan Dhan account holders.
