64 per cent of vulnerable households lack Jan Dhan A
New Indian ExpressFOLLOW CORONAVIRUS LIVE UPDATES HERE Jan Dhan was one of the measures to alleviate the economic crisis among the vulnerable sections owing to the lockdown - wherein Rs 500 was given to females with Jan Dhan accounts. Furthermore, the study revealed that just half of the rural and a third of the urban poor households received any cash transfers at all under the different cash transfer schemes. While the government had announced the immediate release of Rs 2000 through the PM Kissan Yojana, in March, considering the COVID19 crisis, just 1/4 of the 688 landed farmers received transfers, said the researchers. They also found urban poor were more vulnerable from the crisis compared to their rural counterparts -- they depended highly on informal money lenders as a major source of loans, 8 out of 10 lost their jobs, and 45 days of earnings compensated with a paltry Rs 500 Jan Dhan deposit.