Indian
Prime Minister Narendra Modi has launched a plan to provide a bank account for
every household, in a landmark initiative to help the poor.
Nearly
40% of Indians have little access to financial services and are often at the
mercy of moneylenders who charge extortionate interest.
Mr
Modi has told state and private banks to support the plan.
Correspondents
say taking banking to the poor, who may have no identity papers, will be a
challenge.
Reports
say Mr Modi's government aims to provide bank accounts to
