Prime Minister's Jan Dhan Yojana (PMJDY) is National Mission for Financial Inclusion to ensure access to financial services, namely Banking Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner. This financial inclusion campaign was launched by the Prime Minister Narendra Modi on 28 August 2014. He had announced this scheme on his first Independence Day speech on 15 August 2014.
To solve the problem of low banking access – only 53% of all Indians have a bank account – the Narendra Modi government in August ordered banks to open zero-balance accounts for every citizen. To overcome the related problem of dormancy – many of the new accounts had no money in them, and reflected no transactions – the government attached these new accounts to insurance schemes. It also offered an overdraft facility, similar to a credit card facility, of Rs 5,000 or 50% of turnover, whichever was lower, through a RuPay debit card.
Since its launch in September last year, the share of non-operative or zero balance accounts has slid to 36 per cent from 77 per cent earlier. About 19 crore accounts have been opened with about Rs 27,000 crore balance; it was a meagre Rs 4.27 lakh in 5.37 crore bank accounts more than a year ago, show government data.
Prime Minister Narendra Modi has earned global accolades for such a governmental flagship programme. With rising transactions, the use of indigenous RuPay card and Aadhar-based identification numbers too are deeply entrenched in the system
Sukanya Samriddhi Yojana
Modi launched twin programmes of "Beti bachao, beti padhao" and "Sukanya Samriddhi account" in a bid to encourage birth and education of girls and tackle the abysmally low child sex ratio of 918 girls for 1000 boys.
Ref:
- https://en.wikipedia.org/wiki/Pradhan_Mantri_Jan_Dhan_Yojana
- http://articles.economictimes.indiatimes.com/2015-11-19/news/68412372_1_crore-bank-jan-dhan-yojana-zero-balance-accounts
- http://timesofindia.indiatimes.com/india/PM-Modi-launches-Beti-Bachao-Beti-Padhao-campaign-says-female-foeticide-is-a-sign-of-mental-illness/articleshow/45985741.cms
- https://en.wikipedia.org/wiki/Sukanya_Samriddhi_Account
This blog is intended to list all major projects initiated by or supported by NDA Govt and PM Modi. Information is collated from government websites and several publically available information on news sites and blogs. Please use comment section or contact form below to notify any updates or corrections. Thank You.
very nice scheme, i have just enrolled in this scheme for my daughter. Now looking for Best Life Insurance Term Plan in india, do you have any recommendation for term plan?
ReplyDeleteहमारा देश विश्व मे एक प्रगतिशील ओर विकासित देश है, इस देश की प्रगति मे अगर महिलाओ का साथ मिल जाए तो हमारा देश विश्व मे सबसे आगे होगा। हर विकसित देश मे महिलाओ का योगदान पुरुष के बराबर होता है। अगर देश की प्रगति करनी है तो महिलाओ को आगे लाना होगा। स्त्री वर्ग के साथ हो रहे अन्याय के सामने अपनी आवाज को बुलंद करना होगा। SUKANYA SAMRIDDHI YOJANA
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