New Delhi : The big surge in deposits into Jan Dhan accounts after the demonetisation seems to be stabilising now as just Rs 1,487 crore has been parked in them over 7 days to November 30, as against Rs 8,283 crore in the previous week.
Deposits in the 25.85 crore such accounts totalled Rs 74,321.55 crore at the end of November 30, as per the Finance Ministry data, reports PTI. The overall amount was Rs 72,834.72 crore in 25.68 crore accounts at the end of November 23.
Meanwhile, Prime Minister Narendra Modi has urged Jan Dhan account holders to hold on to the black money deposited by elements seeking to launder ill-gotten wealth. Also, the Central Board of Direct Taxes (CBDT) has urged the account holders not to consent to any kind of misuse of their accounts which would expose them to the dangers of being held responsible for the tax evasion by unscrupulous elements.
After Prime Minister Narendra Modi surprised entire nation with demonetisation of Rs 500 and Rs 1,000 notes on November 8, deposits in Jan Dhan accounts have increased by 28,685 crore. As of November 9, the balance in about 25.5 crore such accounts was Rs 45,636.61 crore. Interestingly, the percentage of zero balance account still remains flat at about 22.85 per cent despite surge in deposits. The Pradhan Mantri Jan Dhan Yojna was launched in August 2014 to increase banking penetration and promote financial inclusion in the country.
