Almost 90 percent families in the State have bank accounts and the rest, mostly migrants, would be covered within a month, Chief Minister Manohar Parrikar said here.

He was talking to reporters after launching `Pradhan Mantri Jan Dhan Yojana' here.

Prime Minister Narendra Modi launched the mega scheme in New Delhi and it was simultaneously rolled-out at multiple places by 20 Chief Ministers and several Union Ministers.

The yojana will cover 7.5 crore people by January 26, 2015, who will be provided zero-balance bank account with RuPay debit card, life insurance cover of Rs 30,000 in addition to accidental insurance cover of Rs 1 lakh.     

Benefits of social welfare schemes have been linked to the bank accounts of beneficiaries, he said.

"Beneficiaries of State's social welfare schemes get money directly into their accounts," Parrikar said.

He said almost 30-35 per cent of the existing bank accounts were opened during the current BJP-led Government's tenure, which began in 2012.

The Chief Minister said a total of 9,524 families, out of the 30,000 unbanked families in Goa, were covered under the Jan Dhan scheme.

"Financial inclusion is very important aspects of development. We are aiming at 100 per cent coverage. Those outside the banking system are mostly migrants. Many of them are not eligible for Government schemes as they are don't have bank accounts," he explained.

Parrikar said his Government has already initiated steps to curb borrowings from unorganised sector.     

"Farmers will be given krishi cards by December 1 which will entitle them for getting bank loans. The farmers would be followed by milk producers and fishermen, who will get similar cards which will act as Government guarantee to banks in case they want to obtain loan," he added.

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