Budget 2018: Govt to extend Modi's flagship PMJDY scheme, double overdraft
BUDGET NEWS : High Minister Narendra Modi's flagship programme, the Pradhan Mantri Jan-Dhan Yojana (PMJDY), which completed three years in August ultimate yr and was credited with the aid of Finance Minister Arun Jaitley for unleashing the "JAM" -- Jan Dhan, Aadhaar, cellular -- revolution, is set to get hold of an extension in budget 2018, that's simply days away. The monetary inclusion scheme could also reportedly see the overdraft quantity sanctioned below it double because the government seems to use it to promote entrepreneurship by using presenting bank loans. A senior authorities official told monetary each day The economic times that in budget 2018, an announcement on PMJDY being extended is anticipated. The unnamed reputable brought that an boom in the overdraft quantity beneath the scheme can also be on the playing cards. pointing out that the government become seeking to "build upon" the scheme, the reliable informed the monetary day ...