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1. Delhi sanitation workers call off strike 2. A red carpet welcome and Gujarati culture and cuisine await Xi during his six-hour visit to the state.3. Remittances to Kerala are growing ever since Keralites started migrating to the Gulf region 4. A giant meteorite that wiped out dinosaurs along with evergreen flowering plants 66 million years ago gave rise to deciduous plants 5. Ten million people in the US survive on less than $2 a day
Fifteen suspects detained, main accused identified in the Bulandshahr gangrape case.
1.5 cr new bank accounts

Prime Minister Narendra Modi Thursday launched the Pradhan Mantri Jan Dhan Yojana, a flagship project of the union government. Around 15 million bank accounts were opened in a day. Here are some of the highlights of the scheme:

- About 15 million accident insurance policies done on a single day and same number of bank accounts opened.

- Programme held at around 77,000 locations with the participation of chief ministers, union ministers and bank officials.

- Target to cover 7.5 crore households with at least one account will be achieved by Jan 26, 2015.

- Universal access to banking facilities for all households through a bank branch or a fixed point business correspondent called "Bank Mitra".

- Coverage of all households with at least one basic banking account with RuPay debit card having inbuilt accident insurance cover of Rs.1 lakh.

- Additional Rs.30,000 life assurance cover for those opening bank accounts before Jan 26, 2015.

- An overdraft facility of up to Rs.5,000 after satisfactory operation for six months.

- Full range of banking services would be possible through ordinary mobile phones.

- Financial literacy to be imparted up to village level.

- Expansion of Direct Benefit Transfer under various government schemes.

- The second phase of rollout will involve providing micro-insurance to people.

- Unorganised sector pension schemes like 'Swavalamban' will be provided through business correspondents in the second phase.

- The programme is in mission mode with Finance Minister Arun Jaitley as the head.

- Households being targeted instead of only being villages targeted earlier.

- Platform has been built by the National Payment Corporation of India that connects all banks and all telephone networks in the country.


 

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