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Bank accounts opened under Jan Dhan Yojana crosses 40-crore mark

In view of the runaway success of the scheme, the government in 2018 enhanced the accident insurance cover to ₹2 lakh, from ₹1 lakh for new accounts opened after August 28, 2018.

Besides, the overdraft limit facility was also doubled to ₹10,000.

The government also shifted the focus on accounts from “every household” to “every unbanked adult”.

Over 50 per cent of the Jan Dhan account holders are women and the government as part of Pradhan Mantri Garib Kalyan Yojana remited ₹1,500 per account in three equal monthly installments to support the poor during the COVID-19 crisis.

Difficult to predict if India will witness second wave of Covid-19:ICMR DG

“SARS-CoV-2 is a novel virus. There is still a lot we don’t know about it. We have also seen immense variations in the spread of infection and mortality rates in different geographies and across different demographics around the world. So, it is difficult to predict whether or not India will see a second wave of infections. There is also a wide variation in disease distribution in specific states – so one size cannot fit all,” ICMR chief Dr Balram Bhargava said.

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