When there is no transaction in an account for two consecutive years or more, then that account becomes inoperative or dormant.
The future of many families has been secured due to Pradhan Mantri Jan Dhan Yojana. Pradhan Mantri Jan Dhan, an attempt was made to connect every poor person in the country with the banking system. So far, about 42.83 crore Jan Dhan accounts have been opened, with a balance of about Rs 1.43 lakh crore. Also Read: Big news for PNB customers, interest on savings account will be reduced from September 1, Know details
Under this scheme, 14 percent i.e. 5.82 crore accounts are inoperative or dormant. Of these, the number of dormant accounts of women is about 2.02 crore. That is, no transaction is taking place in these accounts.
When does the account become inoperative?
It is to be known that according to the rules of Reserve Bank of India, when there is no transaction in an account for two consecutive years or more, then that account becomes inoperative. That is, these 5.82 crore Jan Dhan accounts are such, in which there has been no transaction for at least 2 years. Also Read: Bihar Ration Card: Now there is no hassle in getting a ration card, apply sitting at home, know its benefits
Why is it a matter of concern?
This is a matter of concern because money is sent to these accounts under all the welfare schemes of the government and rural employment guarantee. Account being inoperative means that money can come in your account under this, but you will not be able to withdraw that money. In such a situation, you will have to activate it again for the transaction. Also read: New pensioners can also get a chance to take old pension, know what is the condition for this
Prime Minister Narendra Modi had said about the Jan Dhan Yojana that the initiative has been a ‘change bringer’ and has proved to be the foundation of steps taken to eradicate poverty. After the Bharatiya Janata Party came to power in 2014, this was the first major scheme of the government under which bank accounts of crores of people, especially the poor, were opened. This initiative was a change-maker, proved to be the foundation of many poverty alleviation initiatives and benefitted crores of people.
At the same time, Finance Minister Nirmala Sitharaman said about this scheme that, ‘Jan Dhan Yojana has been the cornerstone of the people-centric economic initiatives of the Modi government. Be it direct benefit transfer, COVID-19 financial assistance, wage hike under PM-Kisan, MGNREGA or life and health insurance cover, the first step was to provide bank accounts to all adults, which PMJDY has almost accomplished. have taken.’
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