PRADHAN MANTRI JAN DHAN YOJNA (PMJDY) As many as 20 lakh people have joined the modified Pradhan Mantri Jan Dhan Yojna ( PMJDY ), taking the total number of account holders in the flagship financial inclusion programme to 32.61 crore as on September 5, according to finance ministry data. The government earlier this month relaunched   PMJDY   as an open-ended scheme with higher insurance cover and double the overdraft (OD) facility. The Union Cabinet decided to continue the scheme beyond the four-year period ended August 14 with an aim to take the formal banking system from “ every household to every adult “. During the August 15-September 5 period, the total deposits in 32.61   PMJDY   accounts witnessed an increase of Rs 1,266.43 crore. The balance in   PMJDY   accounts was Rs 82,490.98 crore as on September 5. Under the revamped scheme, accidental insurance cover for new RuPay card holders has been raised from Rs 1 lakh to Rs 2 lakh for new ...