Sanction 5000 rupee overdraft to every aadhaar linked Jan Dhan account

5000 rupee loans were promised to jandhan account holders. Banks were using their discretion in sanctioning the loans. A promise is a promise. UPA it could be recalled had promised to give 100 rupees to every person who enrolls for aadhaar. The promise was never kept in view of the precarious fiscal situation then.

Now, After Demonetization banks are full of cash and people are dying of cashless-ness. This situation has arisen because only a few have large amounts of cash. Poor don't even have minimum balance, how will they withdraw money. The government should ready a scheme to give incentive by either letting people avail 5000 rupee loans in their aadhaar linked accounts electronically or let them apply in banks for the promised Overdraft to everyone.
Back of envelop calculations show that this will lead to re-monetisation upto 1.25 lakh crore if every one of the 25 crore jandhan account holder uses the OD facility.