“Jan-Dhan-Yojna helps in the rural development.” Do you agree with this statement? Explain.

From 2014, a scheme called  Pradhan Mantri Jan-Dhan Yojana is available in which people in India are encouraged to open bank accounts. It is targeted towards the rural and urban indian population. Yes, it helps in rural development as this aims to help such persons and make sure they can get affordable financial products like bank accounts, remittances, credit services, pensions and insurance.