India’s Drive to Return ₹78,000 Crore Unclaimed Funds to Citizens
A national initiative is underway to return over ₹78,000 crore of unclaimed bank deposits and other financial assets to their rightful owners through district camps and citizen-centric reforms, reinforcing public trust and transparency.
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New Delhi: Today, a staggering ₹78,000 crore belonging to our citizens is lying unclaimed in banks across the country. We do not know who this money belongs to — it is simply lying unused. Insurance companies hold another ₹14,000 crore, mutual funds have ₹3,000 crore, and ₹9,000 crore remains unclaimed in dividends.
All this money belongs to the poor and middle-class families of India. Our government is working to trace the rightful owners of this money because we want it to reach those to whom it truly belongs.
To identify the owners, special camps have already been organised in nearly 500 districts across the country, through which thousands of crores of rupees have already been returned to the people.
Friends, this is not just about returning assets. This is about trust — about our commitment to continuously uphold the trust of the people. The trust of our citizens is our biggest strength.
Had we still been stuck in a mindset of colonial bureaucracy, such citizen-centric initiatives would never have been launched. But today’s gover