Insta
Demonetisation: Inflows In Jan Dhan Accounts Fall After Public Warning
Swarajya Staff
Dec 08, 2016, 11:27 AM | Updated 11:27 AM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Following the Income Tax Department's warning on not allowing misuse of Jan Dhan accounts for laundering black money post-demonetisation, inflows into such accounts have come down significantly, the government has said. In a release late on Wednesday, the Union Finance Ministry said there has been a continuous fall in deposits in last couple of weeks, after an initial surge in deposits after the demonetisation of high-value currency.
Total amount deposited during 8-15 November was Rs 20,206 crore, while during 16-22 November, people deposited Rs 11,347 crore in such accounts. This further fell to Rs 4,867 crore during 23-30 November. Total daily deposit in Jan Dhan accounts was Rs 410 crore on 1 December and Rs 389 crore on 2 December. The average per account deposit in Jan Dhan accounts is Rs 13,113 for this entire period from 8 November to 2 December.
"The Income Tax Department has identified the local clusters and bank branches where the inflow of Jan Dhan deposits have been more than normal, in order to investigate money deposits in Jan Dhan accounts which belonged to somebody else," the statement added.
With inputs from IANS.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.