Ms. Anshula Kant discussed about the measures as opening of about 2 crore bank accounts on the very first day of PMJDY Yojana scheme. SBI alone open around 55 lakhs bank accounts at the rate of 2lakh accounts per day. Rupay Card, One Lakh insurance on account, 5,000 rupees overdraft after six month existence of account could be one of the reasons that led to the whopping success of PMJDY. The speaker further elaborated about the PMJDY scheme to be better connected with Mobiles as in India there exists about 900 million mobile phones. Overall, PMJDY is a mega project to develop habit of saving among masses in India and bring them within domain of Banking Sector and Financial Services.
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