MP Govt Finds 244 Crore in Dormant Accounts, Boosts State Finances

• Madhya Pradesh government discovers 244 crore rupees in 1.28 lakh old, dormant bank accounts.
• These accounts, untracked for a long time, held funds from various schemes and transfers.
• The Finance Department is initiating the process to retrieve these funds from the Reserve Bank of India.
• The amount was held by RBI as unclaimed deposits due to account inactivity.
• Retrieval of these funds will significantly strengthen the state government's financial position.