Rs 714 cr deposited in Jan Dhan accounts in Odisha post demonetization

Bhubaneswar: In the post demonetization period since November 9, 2016 till January 25, 2017, as much as Rs 714 cr has been deposited in Jan Dhan accounts in Odisha.

As per data furnished by Union Finance minister, Arun Jaitley in Parliament, since the launch of Jan Dhan accounts in August 26, 2017, Rs 1960 crore was deposited in Jan Dhan accounts in Odisha. However, the figure shot up to Rs 2,675 crore following demonetization.

On the other hand, as per the data by State Level Bankers’ Committee (SLBC), there were 1.13 crore Jan Dhan accounts till September 30, 2016. In the period following demonetization, the total number of Jan Dhan accounts have gone up to 1.21 crore.

“Till now there is no data on the segregation as to how much amount of money has been deposited in which accounts. The account-wise data can be collected from the bank,” said chairman of SLBC, Anil Kumar.

Such an increase in deposits in Jan Dhan accounts is being seen by the ruling BJD in State as a failure of demonetization in unearthing and curbing black money.

Also Read: Congress blasts Modi govt over demonetisation

“In Odisha over Rs 700 cr has been deposited and same is the pattern in other states across the country. This clearly proves that the BJP has failed in controlling black money,” said BJD spokesperson, Sashibhusan Behera.

Countering BJD’s claim, Odisha BJP’s general secretary Prithviraj Harichandan said, “It is a process of curbing black money and we have definitely succeeded. If someone has to criticize it from a political viewpoint then we have nothing to do with it.”