Venkaiah Naidu, Minister of Urban Development of India said over 7 crore individuals have got a new bank account opened under the new scheme launched by central government.
In just 7 weeks of launching the scheme, nearly 6,99,00,000 individuals have opened a new bank account. This has really happy to know. This population mainly includes people from villages which further bring a note of positivity and happiness, he added.
Venkaiah Naidu also pointed that over 58 per cent individuals never had a bank account before the launch of this scheme. Most of these 58 per cent are from villages hailing from poor backgrounds.
More importantly, when the ministers of central government stated that it would require at least five years for the entire population of the country to own a bank account, our Prime Minister wanted this target to be met in just one ye