Government ensured Rs 1 lakh crore loans, says Amit Shah

BJP president Amit Shah on Sunday said the Narendra Modi government has ensured that more than Rs 1 lakh crore in loans is disbursed to micro units and enterprises in just one financial year, terming it a big “success” in providing self employment to people. He also said that the Modi government’s initiative Mudra Bank has encouraged self employment in the country.

Addressing a gathering after distributing small loans to poor and landless people at an event here, he rued that around 60 crore people did not have bank accounts six decades after independence.

“60 crore people are without bank accounts. They had no connect with the economy. The BJP government under Narendra Modi came out with Jan Dhan scheme and made a successful attempt of opening 20 crore accounts and helped them connect with the economy.

The government did not stop there. Those families who got connected through this, their security was also taken care of and a Rs 2-lakh accident insurance was given to them with Rs 12 per annum,” Mr Shah said.

Mr Shah said if every poor person has to be connected with the development of the country, then he has to be helped in becoming self employed so as to contribute in the development of the country.

He said that the concept of micro finance is being taken forward through “Chaupal”, or gathering of stakeholders organised by Swadeshi Jagran Foundation. Mr Shah said that by making it compulsory for every nationalised bank branch to give loan to at least one dalit, the government has also given opportunity to dalit entrepreneurs and this has generated a positive impact in the community.