Pradhan Mantri Jan Dhan Yojana

 

pradhan mantri jan dhan yojna

 

 

Why needed —

• According to 2011 census only 59% of house hold have account in bank in the country
• In which 50% of account not operated because they are account like MNREGA
• Indian is a country of villages but unfortunately out of 6 lakh only 46000 village have bank branch
• Most of villagers are depends on money lender like shroff ,mahajan etc
• They charged heavy interest an exploit the countrymen

Silent feature –
• Operated by- Department of financial services
• Launched date – 28 August 2014 in Vigyan Bhawan Delhi
• Target -Open bank accounts for 7.5 crore families in one year
• Achieved- 11.76 cr account opened by 10 january 2015 lolz Modi effect
• Motto- “मेरा खाता भाग्य विधाता”

Scheme –

• Its new step to promote financial inclusion before it lots of steps took by the previous government like nationalization of bank ,Regional Rural banks, cooperative banks, Banking correspondence agent, Swabhiman, Swavlamban, Microfinance, No-frills account, 25% rural branch rule, Bharatiya Mahila Bank etc
• Prime Minister Narendra Modi opened a record 1.5 crore bank accounts across the country to mark the launch of the Pradhan Mantri Jan Dhan Yojana (PMJDY) aimed at financial inclusion of all Indians.

Objective –

• The scheme aims to ensure that every household has at least two bank accounts.
• Each of the bank accounts which are opening comes with a RuPay debit card.
• Rs.1 lakh accident insurance cover and an additional Rs. 30,000 life insurance cover.
• Overdraft facility of Rs.5000 after six months
• These benefits will apply to all accounts opened before January 26, 2015.
• The initial target of the PMJDY was to open bank accounts for 7.5 crore families within a year.