Union Minister for Parliamentary Affairs, Coal and Mines Prahlad Joshi has said that with more people adapting digital transactions, a saving of 1.75 lakh crore had been possible and the menace of middlemen had also been checked.
The country had performed over 20 lakh crore digital transactions, which was 60% more than the digital transaction of China. He said that with the introduction of Jan Dhan accounts, 45 crore zero balance new bank accounts were opened and in these zero balance accounts, there were deposits to the tune of 1.65 lakh crore in the last seven years.