Source: This post is based on the article “7 years of PM Jan Dhan Yojana” published in the PIB on 28th August 2021. Relevance: To Understand PMJDY Recently, PM Jan Dhan Yojana (PM-JDY) has completed its 7 successful years of implementation. What is PMJDY? It is National Mission for Financial Inclusion to ensure access to… Continue reading 7 years of PM Jan Dhan Yojana
Tag: Pradhan Mantri Jan dhan Yojana
Pradhan Mantri Jan-Dhan Yojana(PMJDY) completes six years
News: Pradhan Mantri Jan-Dhan Yojana (PMJDY) – National Mission for Financial Inclusion has completed six years of successful implementation. Facts: Pradhan Mantri Jan-Dhan Yojana(PMJDY): It was launched in 2014 to ensure universal access to financial services namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner through the use of technology.… Continue reading Pradhan Mantri Jan-Dhan Yojana(PMJDY) completes six years
Public sector banks’ long-term strategy on Jan Dhan begins to pay off
According to the government data,the total balance in the bank accounts under Pradhan Mantri Jan Dhan Yojana(PMJDY) scheme has almost reached a total of ₹1-lakh crore. The Jan Dhan accounts opened are mostly in public sector banks which makes up 72.5% of the total number of Jan Dhan accounts and 89.5% of total deposits.The bulk… Continue reading Public sector banks’ long-term strategy on Jan Dhan begins to pay off
