Over 20 companies to support Jan Dhan Yojana

Posted on 28th Jan 2015 06:03 pm by mohit kumar

New Delhi, Jan 28 (IANS) Over 20 Indian, US and other international private sector organisations will partner USAID in supporting the central government's Jan Dhan Yojana programme, a statement said Wednesday.

According to the US Agency for International Development (USAID), the initiative is part of President Barack Obama's pledge to back India's initiative to provide its citizens with access to financial services and lay the foundation for a world-leading, inclusive digital economy.

"With support from the World Economic Forum, these partners, in consultation with the government of India, will join in establishing a public-private partnership to expand the ability of Indian consumers and businesses," the statement said.

The initial partners represent six categories of organisations -- fast moving consumer goods companies, banks, payment networks, mobile network operators, e-commerce, and leading civil society organisations including Axis Bank, Bharti Airtel, Coca-Cola, ITC Limited, MasterCard, SnapDeal among others.

"USAID looks forward to working with each to make financial inclusion a long-lasting and sustainable reality in India," it said.

Under the Jan Dhan initiative, over 110 million new households have received bank accounts, which entitle them to debit cards and other financial tools needed to participate in the formal economy.

"These efforts have caught the attention of the world and showcase India's global leadership in building an inclusive economy," said the statement.

Other news

Professional services cost high, needs revamp: Rosaiah

Chennai, Feb 25 (IANS) Pointing to the high cost of services, Tamil Nadu Governor K. Rosaiah We

Mahua Moitra: The Ethics Committee asked for information about Mahua Moitra's login and location from the IT Ministry, know why

The Ethics Committee of Parliament (Lok Sabha Ethics Committee) has sought information about the

Night Curfew In Noida: After Delhi, now the night curfew will be implemented in Ghaziabad and Noida-Greater Noida from tonight.

Noida [Mohammad Bilal]. After Delhi, night curfew has also been announced in Ghaziabad and Noida-

Delhi HC's scathing comment on Corona: Government completely failed; This is not an ordinary struggle, war and no one thought that the attack would be like this

Issues such as corona infection, lack of oxygen, and beds were also heard in the Delhi High Court

Corona: Has anything changed in India from lockdown to vaccine

Corona: Has anything changed in India from lockdown to vaccine

 

India's Pri

Ajmer Dargah: Hearing in court today on the issue of having a Shiva temple in the dargah, the petitioner expressed fear of danger

The court is to hear the case on Friday on the claim of a temple in Rajasthan's Ajmer Dargah. Vis

Now Facebook will also take money for Blue Tick: Zuckerberg will launch the service this week, starting with Australia and New Zealand

After Twitter, now Facebook and Instagram will also charge money for blue tick verification. Meta

Bengal Chunav: Election Commission strict on BJP leaders after Mamata, warns Suvendu, seeks response on Dilip Ghosh's statement

Kolkata The Election Commission has asked West Bengal BJP President Dilip Ghosh to clarify his st

GT vs RR: First Riyan Parag and now Sanju Samson, Rajasthan Royals repeated the same mistake; BCCI punished the entire team

Many cases of slow overrate are coming to the fore in IPL 2025. In the latest case, Rajasthan Roy

Forced Conversion took Place in Bengal, Claims Trinamool; VHP denies

Kolkata, Jan 28 (IANS) West Bengal's ruling Trinamool Congress Wednesday claimed that over 100