New Delhi: Deposits in Jan Dhan accounts have grown by more than 50 percent since the demonetisation announcement on November 8, an official statement said yesterday.
"As on December 21, deposits worth Rs71,557.90 crore had been mobilsed under the Pradhan Mantri Jan Dhan Yojana (PMJDY)" and that this scheme for financial inclusion had succeeded in opening over 26 crore accounts, said a Finance Ministry statement.
The Income Tax Department has earlier reported that total deposits amounted to Rs45,637 crore on November 9, the day from which Rs1000 and Rs500 notes ceased to be legal tender, in a move designed by the government to eliminate black money, counterfeit currency and terror financing.
As on the eighth day after the announcement, aggregate deposits in Jan Dhan accounts had increased to Rs64,252.15 crore, Parliament was told during the recent winter session.
The government had, on November 18, warned account holders on not allowing misuse of Jan Dhan accounts for laundering black money post-demonetisation and in its wake, inflows into such accounts had come down significantly, the government has said. In a release early in December, the Finance Ministry said there has been a continuous fall in deposits, after an initial surge post November 8.
