Over 20 companies to support Jan Dhan Yojana
New Delhi, Jan 28: Over 20 Indian, US and other international private sector organisations will partner USAID in supporting the central government's Jan Dhan Yojana programme, a statement said Wednesday.
According to the US Agency for International Development (USAID), the initiative is part of President Barack Obama's pledge to back India's initiative to provide its citizens with access to financial services and lay the foundation for a world-leading, inclusive digital economy.
"With support from the World Economic Forum, these partners, in consultation with the government of India, will join in establishing a public-private partnership to expand the ability of Indian consumers and businesses," the statement said.
The initial partners represent six categories of organisations -- fast moving consumer goods companies, banks, payment networks, mobile network operators, e-commerce, and leading civil society organisations including Axis Bank, Bharti Airtel, Coca-Cola, ITC Limited, MasterCard, SnapDeal among others.