No direction given to banks to deactivate PM Jan Dhan Yojana accounts: DFS
The Department of Financial Services (DFS) has said that it has not ordered banks to close inactive PM Jan Dhan Yojana accounts after a few reports claimed that such accounts would be shut.
A three-month campaign starting from July 1 has been launched by DFS all over the country to deepen the adoption of Jan Dhan Yojana accounts, Jeevan Jyoti Bima Yojana, Atal Pension Yojana, and other welfare schemes. Banks will also carry out re- KYC of all due accounts during the campaign, the Ministry of Finance said in a statement.
DFS constantly monitors the number of inoperative PMJDY accounts and has advised Banks to contact respective account holders to make their accounts operative. The total number of PMJDY accounts have seen a continuous increasing trend and no incidents of mass closure of inactive PMJDY accounts has come to the knowledge of the department, the statement said.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
4 hours ago
- Hindustan Times
PM Modi concludes UK visit after signing historic FTA, headed to Maldives
Prime Minister Narendra Modi concluded his two-day official visit to the UK on Thursday after a full-fledged review of the entire gamut of issues in the bilateral relationship and signing off a historic bilateral Free Trade Agreement (FTA). United Kingdom, Jul 24 (ANI): Prime Minister Narendra Modi emplanes for the second leg of his tour- Maldives, on Thursday. (@MEAIndia X/ANI Photo) (@MEAIndia) Modi was hosted by his UK counterpart, Keir Starmer, at Chequers – the official country residence of the British Prime Minister – for an intense session of talks that also covered regional and global issues of mutual interest. 'Concluding a very important UK visit. The outcomes of this visit will benefit our future generations and contribute to shared growth and prosperity. Gratitude to the PM Keir Starmer, the UK government and people for their warmth,' Modi said in a statement on social media. He leaves for the Maldives for the second leg of his two-nation tour, soon after an audience with King Charles III at his Sandringham Estate in Norfolk, eastern England. He presented the British monarch with a Sonoma dove tree, or handkerchief tree to be planted at the royal estate in the Autumn as part of his environmental initiative 'Ek Ped Maa Ke Naam'. 'The leaders celebrated the landmark UK-India Free Trade Agreement, which was signed today and will see growth in every part of the country – delivering on the government's Plan for Change,' 10 Downing Street said in a readout of the prime ministerial engagement at Chequers. 'The leaders also discussed the importance of the UK-India Comprehensive Strategic Partnership, which will see closer collaboration on trade, defence, security, technology and education – underscored by the close and historic relationship between the two countries,' the statement said. 'The leaders also discussed the Air India plane crash last month, and said their sympathies are with all the families and loved ones of the victims. The Prime Minister said the UK will continue to support all those affected by the tragedy,' it added. Modi has extended an invitation to Starmer to visit India, which the Ministry of External Affairs (MEA) said has been accepted and officials will now be working out the details. Downing Street noted that both leaders 'looked forward to seeing one another soon'.
&w=3840&q=100)
First Post
5 hours ago
- First Post
PM Modi concludes UK visit with historic FTA, departs for Maldives for second leg of foreign trip
Prime Minister Narendra Modi departed for Maldives after concluding his two-day official visit to the UK on Thursday after signing off a historic bilateral Free Trade Agreement. read more Prime Minister Narendra Modi on Wednesday departed for Malé (Maldives) for a two-day state visit, the second leg of his ongoing foreign tour after concluding his two-day official visit to the UK on Thursday after signing off a historic bilateral Free Trade Agreement. This will be Modi's third visit to the island nation and the first by any head of state or government since President Mohamed Muizzu took office. The visit comes at the invitation of President Muizzu and is expected to reaffirm bilateral ties. STORY CONTINUES BELOW THIS AD #WATCH | London, UK: PM Narendra Modi emplanes for Malé, Maldives for the second leg of his visit. He will undertake a State Visit to Maldives from July 25–26 at the invitation of Maldivian President Mohamed Muizzu. This will be his third visit to the island nation and the… — ANI (@ANI) July 24, 2025 Modi was hosted by his UK counterpart, Keir Starmer, at Chequers – the official country residence of the British Prime Minister – for an intense session of talks that also covered regional and global issues of mutual interest. 'Concluding a very important UK visit. The outcomes of this visit will benefit our future generations and contribute to shared growth and prosperity. Gratitude to the PM Keir Starmer, the UK government and people for their warmth,' Modi said in a statement on social media. He leaves for the Maldives for the second leg of his two-nation tour, soon after an audience with King Charles III at his Sandringham Estate in Norfolk, eastern England. He presented the British monarch with a Sonoma dove tree, or handkerchief tree to be planted at the royal estate in the Autumn as part of his environmental initiative 'Ek Ped Maa Ke Naam'. STORY CONTINUES BELOW THIS AD 'The leaders celebrated the landmark UK-India Free Trade Agreement, which was signed today and will see growth in every part of the country – delivering on the government's Plan for Change,' 10 Downing Street said in a readout of the prime ministerial engagement at Chequers. 'The leaders also discussed the importance of the UK-India Comprehensive Strategic Partnership, which will see closer collaboration on trade, defence, security, technology and education – underscored by the close and historic relationship between the two countries,' the statement said. 'The leaders also discussed the Air India plane crash last month, and said their sympathies are with all the families and loved ones of the victims. The Prime Minister said the UK will continue to support all those affected by the tragedy,' it added. Modi has extended an invitation to Starmer to visit India, which the Ministry of External Affairs (MEA) said has been accepted and officials will now be working out the details. STORY CONTINUES BELOW THIS AD Downing Street noted that both leaders 'looked forward to seeing one another soon'. With inputs from agencies
Indian Express
8 hours ago
- Indian Express
Lost in translation: PM Modi says ‘don't bother' as translator struggles at presser with UK's Starmer
Prime Minister Narendra Modi and his British counterpart Keir Starmer shared a light-hearted moment when a translator appeared to struggle while translating a sentence from English to Hindi during the signing of the landmark free trade agreement (FTA) on Thursday in the UK. The incident happened when both the leaders were addressing the press, a translator began hesitating mid-sentence while translating Starmer's remarks about the 'historic' trade deal. 'Sorry…' she said, fumbling for words, speaking hesitantly about the trade deal benefitting consumers in the UK. Noticing her discomfort, PM Modi quickly stepped in: 'Don't bother… we can use English words in between. Don't worry about it.' The translator thanked him, clearly relieved. 'Sorry, His Excellency… I've lost the speech,' she added. Both leaders smiled and offered comfort. 'Yeah… no problem,' Modi said, while Starmer offered to repeat himself. 'I think we understand each other well,' he added with a grin. #WATCH | 'Don't bother, we can use English words in between. Don't worry about it,' says PM Narendra Modi candidly as translations for questions and answers were made at their press statement and the journalists' questions that followed. 'I think we understand each other well,'… — ANI (@ANI) July 24, 2025 The trade deal, signed in London, is the UK's biggest post-Brexit agreement and one of India's most significant in recent years. It will remove British tariffs on 95 per cent of Indian farm and food items — such as turmeric, pepper, cardamom, mango pulp and pickles — boosting profits for Indian farmers and helping both countries' manufacturing and tech sectors. Lauding the trade deal, PM Modi said in a post on X: 'A new chapter begins today in the India-UK economic partnership! The signing of the Comprehensive Economic and Trade Agreement (CETA) reflects our shared commitment to enhancing trade, driving inclusive growth and creating opportunities for farmers, women, youth, MSMEs, and professionals.' Starmer also wrote, 'A landmark deal with India means jobs, investment and growth here in the UK. It creates thousands of British jobs, unlocks new opportunities for businesses and puts money in the pockets of working people. That's our Plan for Change in action.'
