India Set to Become Third Largest Economy In World:
RBI Governor Sanjay Malhotra credits Jan Dhan Yojana and 7.8% GDP growth for India’s upcoming leap to the world’s third-largest economy. Jan Dhan Yojana launched 11 years ago by the Government of India and the RBI, the Jan Dhan Yojana aimed to ensure that every Indian had access to a basic bank account. According to Governor Malhotra, the scheme has successfully opened 55 crore bank accounts, offering a range of financial services including,Savings accounts, Pension schemes, Credit access, Insurance coverage
