LIE: In four years, Modi has opened an account for every Indian

Modi Lies / Tuesday, November 27th, 2018

Mr. Modi is referring to the Jan Dhan Yojana. As of July 2017, 18 public sector banks and their 16 regional rural subsidiaries held 1.05 crore Jan Dhan accounts with deposits of Re 1. As of July 2018, there are approx. 6 crore banks accounts which are inactive. Between 30th November and 28th December 2016, approximately 45 lakh such accounts were closed across five banks.

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