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"End financial untouchability for freedom from poverty"
""Vish-chakra se gareebon ki aazadi ka parv" – celebration of liberation of the poor from a poisonous cycle"
"A record unprecedented in economic history – 1.5 crore bank accounts opened in one day"

The Prime Minister, Shri Narendra Modi, today declared the beginning of the end of financial untouchability in India, with the opening of an estimated 1.5 crore bank accounts across the country, in an exercise unprecedented in scale in economic history. 

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Formally launching the Pradhan Mantri Jan Dhan Yojana (PMJDY) at a function broadcast across the nation from Vigyan Bhawan in New Delhi, the Prime Minister described the occasion as a festival to celebrate the liberation of the poor from a poisonous cycle. (Vish-chakra se gareebon ki aazaadi ka parv)
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Expressing satisfaction at a number of records being broken today, the Prime Minister said the nationwide success of the enrolment drive today would give confidence not just to the officials of the Department of Financial Services and banking sectors, but also to officers across the Union Government, that they can successfully achieve the goals that they set for themselves. "Never before would insurance companies have issued 1.5 crore accident insurance policies in a single day. Never before in economic history would 1.5 crore bank accounts have been opened in a single day. Never before has the Government of India organized a programme of such scale – over 77,000 locations – with the participation of so many Chief Ministers, Union Ministers, Government and bank officials." He said the success is an inspiration for achieving new heights. 
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The Prime Minister said that though the initial target of PMJDY was to open bank accounts for 7.5 crore families in one year, he had exhorted the concerned officials to complete the task before the next Republic Day. 

Elaborating the benefits under PMJDY, the Prime Minister said this was not a mere bank account, but had other benefits including an RuPay debit card, Rs 1 lakh accident insurance cover, and an additional Rs. 30,000/- life insurance cover for those opening bank accounts before January 26th, 2015. He said the account performance would be monitored and overdraft facility would be given. The Prime Minister said he had sent 7.25 lakh bank employees, exhorting them to help reach the target of 7.5 crore bank accounts, and bring freedom from financial untouchability.

The Prime Minister referred to the five beneficiary couples who had received account opening kits in today's event at Vigyan Bhawan, and said the ladies appeared to have dressed for a festival. He said they knew that there could be no bigger festival than the opening of a bank account for empowering women. 
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The Prime Minister said when banks were nationalized in 1969, it was done with the objective of bringing people into the economic mainstream. But that objective had not been achieved till date. After 68 years of independence, not even 68% of India's population had access to banking, he added. He said it is easy for the rich to get a loan at low interest rates. But the poor are forced to seek loans from money-lenders at five times the rate charged to the rich. Is it not the responsibility of the banking industry to provide banking access to the poor, the Prime Minister asked. 

The Prime Minister illustrated his point through the example of a mother saving money and being forced to hide it somewhere within the house. He said the bank officials who had opened an account for such a mother, had been blessed today.

He said a breakthrough was required to overcome the vicious cycle of poverty and debt, and that breakthrough had been achieved today. He said there were similarities between the poor getting access to mobile telephones, and getting access to debit cards. They both had the effect of instilling confidence and pride among the poor, he added. 

The Prime Minister referred to the ancient Sanskrit verse: Sukhasya Moolam Dharma, Dharmasya Moolam Artha, Arthasya Moolam Rajyam – which puts the onus on the state to involve people in economic activity. "This Government has accepted this responsibility," the Prime Minister said.

The Prime Minister said Indians had a habit of saving, and thinking about the future of their children. 

The Prime Minister also distributed awards to winners of the Name and Logo contest for this scheme. He observed that those who won prizes were predominantly from non-Hindi speaking states, but had won prizes for coining a name and slogan in Hindi. This is an example of national integration, he said. 
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Speaking on the occasion, the Finance Minister said PMJDY would be taken forward in Mission Mode, and the first target of reaching 7.5 crore unbanked families would be achieved by January 26th, 2015.

The Minister of State for Finance, Smt. Nirmala Sitharaman, said the lady of the house had been given priority in the PMJDY. She said this scheme would touch the lives of everyone in a positive and constructive way.

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Remembering Netaji Subhas Chandra Bose - PM Inaugurates Subhas Chandra Bose Museum at Red Fort
January 23, 2019
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PM Visits Yaad-e-Jallian Museum, Museum on 1857 and Drishyakala Museum in Delhi All 4 Museums named as Kranti Mandir.

Remembering the heroes of freedom struggle, the Prime Minister, Shri Narendra Modi paid floral tributes and inaugurated the Subhas Chandra Bose museum at Red Fort today, to mark his 122nd birth anniversary.  

He visited the Museum on Netaji Subhas Chandra Bose and Indian National Army. PM said, ‘I bow to Netaji Subhas Chandra Bose on his Jayanti. He was a stalwart who committed himself towards ensuring India is free and leads a life of dignity. We are committed to fulfilling his ideals and creating a strong India.’  He also added that History echoes from these walls. In this very building, brave sons of India, Colonel Prem Sahgal, Colonel Gurbaksh Singh Dhillon and Major General Shah Nawaz Khan were put on trial by the colonial rulers. He glanced over the photographs depicting a detailed account of Subhas Chandra Bose and the history of Indian National Army. PM also saw some of the artefacts associated with Netaji and INA such as wooden chair and sword used by Netaji, medals, badges and uniforms of INA. 

The Prime Minister browsed at the photographs, paintings and newspaper clippings depicting the authentic account of Jallianwala Bagh massacre  showcased in the Yaad-e-Jallian Museum. The museum intends to take visitors through the history of Jallianwala Bagh massacre of 1919 and sacrifices made by Indian soldiers during World War-1. 

He also visited the Museum on 1857- India’s first war of Independence and saw the portrayal the historical narrative of 1857 war of independence, showcasing the valour and sacrifices made by Indians during the period. These museums to showcase the sacrifice of our freedom fighters. 

Prime Minister had a look at the Exhibition on Indian Art at the Drishyakala- Museum organized at the same venue. He said ‘To see Gurudev Tagore’s works at Drishyakala is a treat for art lovers. We all know Gurudev Tagore as a prolific writer but he also had a strong link with the world or art. He produced lots of works, featuring multiple themes. Gurudev’s works were also exhibited internationally.’ He also tweeted ‘I would specially urge art lovers to visit Drishyakala, which will take you through the finest aspects of Indian art and culture. Works of eminent Indian artists like Raja Ravi Varma, Gurudev Tagore, Amrita Sher-Gil, Abanindranath Tagore, Nandlal Bose, Gaganendranath Tagore, Sailoz Mookherjea amd Jamini Roy are on display at the exhibition.

PM while inaugurating the museums said that,  it was extremely humbling to inaugurate four museums relating to India's rich history and culture. All four museums have been named as Kranti Mandir. This complex includes Museums on Netaji Subhas Chandra Bose and the Indian National Army, Yaad-e-Jallian Museum (on Jallianwala Bagh and World War 1), Museum on 1857- India’s First War of Independence and Drishyakala Museum on Indian Art, spanning three centuries, with over 450 works of art!

Kranti Mandir is a tribute to the revolutionary zeal and courage of our great freedom fighters. Ahead  of the Republic Day, these will deepen the connect between our glorious history and our youth as well as add to the patriotic fervour among citizens.