Telangana achieves 100% coverage of PMJDY

Tags: Government Schemes State News

The state of Telangana achieved 100 percent household coverage of banking services through the Pradhan Mantri Jan Dhan Yojana (PMJDY).

An Overview of the News

• According to the Social Security Administration survey, the state achieved 100 percent coverage of 135 welfare schemes and programs in 20 departments.

• Telangana has more than 1 crore 11 lakh Jan Dhan bank account holders with a total balance of over Rs 3 thousand crore.

• Around 61 lakh people in rural areas have opened Jan Dhan accounts, while in urban areas around 50 lakh people have zero balance accounts.

• Over 84 lakh Jan Dhan account holders in Telangana actively use RuPay cards, which provide additional benefits like credit facilities.

About Telangana

• It is a state located in south-central India on the high Deccan Plateau.

• It is the eleventh largest state of India by area.

• Telangana was carved out of the northwestern part of Andhra Pradesh on 2 June 2014 and became the newly formed state of Telangana with Hyderabad as the capital.

• Telangana is bordered by Maharashtra to the north, Chhattisgarh to the northeast, Karnataka to the west, and Andhra Pradesh to the east and south.

• As of 2019, the state of Telangana is divided into 33 districts.

Governor - Tamilisai Soundararajan

Chief Minister - K Chandrasekhar Rao

Council - (40 seats)

Legislative Assembly - (119 seats)

Rajya Sabha - 7 seats

Lok Sabha - 17 seats