Volume : IV, Issue : XII, December - 2014

Pradhan Mantri Jan Dhan Yojana: National Mission on Financial Inclusion.

Dr. G. H. Barhate, Ms V. R. Jagtap

Abstract :

One of the biggest developments by the NDA government is first social welfare Scheme i.e. “Pradhan Mantri Jan Dhan Yojana (PMJDY)”. It is a scheme for comprehensive financial inclusion launched by the Prime Minister of India, Mr. Narendra Modi on 28 August 2014.He had announced this scheme on his first Independence Day speech on 15 August 2014.This scheme is based on “Sab ka sath sab ka vikas” i.e. inclusive growth. The main objective of this scheme is to ensure universal access to banking facilities with at least one basic bank account for every household. It was reported that total of 7 Crore (70 million) bank accounts have been opened with deposits totaling more than 5000 crore Rupees (approx 1 billion USD) as of November 6, 2014.This research study includes fnancial inclusion, mission, strategy of the scheme etc. It also includes issues related to success of scheme.

Keywords :

Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr.G.H.Barhate,Ms V.R.Jagtap Pradhan Mantri Jan Dhan Yojana: National Mission on Financial Inclusion Indian Journal of Applied Research, Vol.4, Issue : 12 December 2014

Number of Downloads : 1619

References :