Govt makes flagship financial inclusion scheme 'Jan Dhan' open-ended with more incentives, says Arun Jaitley
6 years, 6 months ago

Govt makes flagship financial inclusion scheme 'Jan Dhan' open-ended with more incentives, says Arun Jaitley

Firstpost  

New Delhi: The government on Wednesday decided to make the Pradhan Mantri Jan Dhan Yojana an open-ended scheme and added more incentives to encourage people to open bank accounts. The free accident insurance cover for those opening Jan Dhan accounts after 28 August too has been doubled to Rs 2 lakh. “It has been decided to continue the flagship financial inclusion programme PMJDY with focus on opening account from every household to every adult,” the minister said. Launched in August 2014, the first phase of the PMJDY scheme was focused on opening basic bank accounts and RuPay debit card with inbuilt accident insurance cover of Rs 1 lakh.

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History of this topic

Fin inclusion not just opening accounts, engagement is key: RBI Dy. Gov. Rao
1 month, 1 week ago

Fin inclusion not just opening accounts, engagement is key: RBI Dy. Gov. Rao

New Indian Express  

MUMBAI: There have been some concerns about excessive borrowing in unsecured segment and from derivative euphoria in the capital markets of late, says M Rajeshwar Rao, deputy governor, Reserve Bank of India. “However, true financial inclusion goes beyond merely having a bank account—it requires meaningful engagement with financial services,” he said, adding a bank account should serve as an entry …

Financial inclusion not just opening accounts; engagement key: RBI Deputy Governor Rao
1 month, 1 week ago

Financial inclusion not just opening accounts; engagement key: RBI Deputy Governor Rao

New Indian Express  

MUMBAI: Of late there has been some concerns of excessive borrowing in unsecured segment and from derivative euphoria in the capital markets, Rao said Though as much as 80% of the adult population have bank accounts now, thanks to the Jan Dhan Yojana or no-frills accounts, meaningful use of these accounts remains a challenge, rues Reserve Bank deputy governor M …

FinMin to Review Jan Suraksha, Mudra Yojana Schemes With PSB Heads
Trending News
2 months, 2 weeks ago

FinMin to Review Jan Suraksha, Mudra Yojana Schemes With PSB Heads

Deccan Chronicle  

New Delhi: Union finance ministry is expected to meet heads of public sector banks on Wednesday to review progress of various financial inclusion schemes, including Jan Suraksha and Mudra Yojana. According to sources, the meeting to be chaired by the Secretary would also discuss and review the progress of various financial inclusion schemes including PM SVANidhi Schemes. The finance ministry …

FinMin calls meeting of heads of banks on January 15 to review financial inclusion schemes
2 months, 2 weeks ago

FinMin calls meeting of heads of banks on January 15 to review financial inclusion schemes

Live Mint  

New Delhi: Finance Ministry has called a meeting of heads of Public Sector Banks on Wednesday to review progress of various financial inclusion schemes, including Jan Suraksha and Mudra Yojana. According to sources, the meeting to be chaired by the Secretary would also discuss and review the progress of various financial inclusion schemes including PM SVANidhi Schemes. The Finance ministry …

CII urges Finance Ministry for measures to boost consumption in Union Budget 2025
2 months, 4 weeks ago

CII urges Finance Ministry for measures to boost consumption in Union Budget 2025

Live Mint  

New Delhi, December 29 : With the Union Budget 2025-26 slated for February 1, the Confederation of Indian Industry has demanded a slew of measures from the Finance Ministry, urging that the focus should be on boosting consumption, upping the daily minimum wage, and raising the annual payout under the PM-KISAN scheme, among others. CII demanded that to boost consumption, …

MP CM: Economist Manmohan unaware of zero-balance accounts, but 'chaiwala' knew
3 months, 1 week ago

MP CM: Economist Manmohan unaware of zero-balance accounts, but 'chaiwala' knew

Deccan Chronicle  

Madhya Pradesh Chief Minister Mohan Yadav on Friday took a swipe at former prime minister and renowned economist Dr Manmohan Singh over zero balance bank accounts.Inaugurating the Civil Service Meet-2024 of MP IAS Association, Yadav said Singh, despite his stellar career as RBI governor, Union finance minister and PM as well as possessing multiple educational degrees, was not aware that …

48 crore sign up for ₹2 lakh accident insurance under PMSBY: Finance Ministry
3 months, 1 week ago

48 crore sign up for ₹2 lakh accident insurance under PMSBY: Finance Ministry

Hindustan Times  

The Finance Ministry said on Saturday that about 48 crore people had signed up for accident insurance coverage worth ₹2 lakh via the Pradhan Mantri Suraksha Bima Yojana. With over 54 crore beneficiaries, the Pradhan Mantri Jan Dhan Yojana has emerged as a keystone of financial inclusion, enabling unbanked people all around the country, the Ministry continued. In August of …

Gross bad assets of government banks fell from 14.58% in Mar 2018 to 3.12% in Sep 2024: Finance ministry
3 months, 2 weeks ago

Gross bad assets of government banks fell from 14.58% in Mar 2018 to 3.12% in Sep 2024: Finance ministry

Live Mint  

The government said on Thursday that policy reforms in the financial sector have restored the health of the banking sector, with the gross non-performing asset ratio of public sector banks falling to 3.12% in September 2024 from a peak of 14.58% in March 2018 and 4.97% in March 2015. The marked improvement also saw PSBs record their highest-ever aggregate net …

Over 540 million bank accounts opened under Pradhan Mantri Jan Dhan Yojana: Report
3 months, 2 weeks ago

Over 540 million bank accounts opened under Pradhan Mantri Jan Dhan Yojana: Report

Live Mint  

New Delhi: A total of 540.5 million bank accounts have been opened under the government's flagship financial inclusion scheme Pradhan Mantri Jan Dhan Yojana as of November, according to the Inclusive Finance India Report 2024. Launched on Thursday at the Global Inclusive Finance Summit 2024 in Delhi, organised by ACCESS Development Services, the report noted the accounts have a total …

10 Years Of Jan Dhan: Modi Govt Scheme For Financial Inclusion Is Great. But Where Should It Go Next?
6 months, 3 weeks ago

10 Years Of Jan Dhan: Modi Govt Scheme For Financial Inclusion Is Great. But Where Should It Go Next?

ABP News  

The PM Jan Dhan Yojana just completed 10 years. The facilities available via Jan Dhan accounts also become a benchmark for what is fair and reasonable, compelling the informal financial system to calibrate. The Direct Benefit Transfer has been a strong aspect of the Jan Dhan Yojana, but it is important to realise that no tech or process is really …

Over 9.46 cr Jan Dhan accounts opened in U.P. in last 10 years
6 months, 4 weeks ago

Over 9.46 cr Jan Dhan accounts opened in U.P. in last 10 years

Hindustan Times  

As the Pradhan Mantri Jan Dhan Yojana, an ambitious financial inclusion initiative, completed 10 years on Wednesday, Uttar Pradesh emerged as a leading state with over 9.46 crore Jan Dhan accounts—18% of the more than 53 crore accounts opened across the country during this period. The total deposits in Jan Dhan accounts across the state have reached an impressive ₹ …

PM praises Jan Dhan Yojana on 10th anniversary; Congress says ‘rebranding of initiatives’
7 months ago

PM praises Jan Dhan Yojana on 10th anniversary; Congress says ‘rebranding of initiatives’

Hindustan Times  

Prime Minister Narendra Modi congratulated the beneficiaries of the Pradhan Mantri Jan Dhan Yojana, a scheme aimed at enhancing financial inclusion across India, as it celebrated its 10th anniversary on Wednesday, expressing gratitude to everyone who contributed to the mission’s success. The Jan Dhan Yojana has also assisted other government schemes such as the MUDRA Yojana, Pradhan Mantri Jeevan Jyoti …

10 Years Of Jan Dhan: PM Modi hails success in boosting financial inclusion
7 months ago

10 Years Of Jan Dhan: PM Modi hails success in boosting financial inclusion

The Hindu  

Prime Minister Narendra Modi hailed his government’s programme of financial inclusion, the Pradhan Mantri Jan Dhan Yojana, as it completed 10 years, by penning a long post on LinkedIn on Wednesday. Jan Dhan Yojana has been paramount in boosting financial inclusion and giving dignity to crores of people,… pic.twitter.com/VgC7wMcZE8 — Narendra Modi August 28, 2024 “Access to credit was often …

PM Modi releases first instalment of benefits to one lakh people under tribal welfare scheme
1 year, 2 months ago

PM Modi releases first instalment of benefits to one lakh people under tribal welfare scheme

The Hindu  

Prime Minister Narendra Modi said on January 15 that the country can develop only if benefits of various welfare schemes reach all, asserting that it is his guarantee that everyone, even those in the remotest of areas, will benefit from them. Releasing the first instalment of ₹540 crore to one lakh beneficiaries of a rural housing scheme under the Pradhan …

Pradhan Mantri Jan Dhan Yojana: From benefits to impact; all you need to know
1 year, 5 months ago

Pradhan Mantri Jan Dhan Yojana: From benefits to impact; all you need to know

Live Mint  

In 2014, the Indian government launched the Pradhan Mantri Jan Dhan Yojana to provide financial services to all citizens, regardless of their socio-economic status. Pradhan Mantri Jan Dhan Yojana is a National Mission on Financial Inclusion which has an integrated approach to bring about comprehensive financial inclusion and provide banking services to all households in the country. The scheme ensures …

Jan Dhan will have a transformative impact
1 year, 6 months ago

Jan Dhan will have a transformative impact

Hindustan Times  

In the heart of flourishing democracies worldwide lies the perennial desire for inclusive growth and collective prosperity. The widespread nature of formal banking in India historically catered mainly to the elite, it left a vast majority underrepresented, especially in rural areas where only 54% of households had bank coverage as per the 2011 Census. A mere 35.2% of the population …

Jan Dhan Yojana revolutionised financial inclusion in India, more than 50 cr bank a/cs opened: FM
1 year, 7 months ago

Jan Dhan Yojana revolutionised financial inclusion in India, more than 50 cr bank a/cs opened: FM

The Hindu  

Finance Minister Nirmala Sitharaman on August 28 said Jan Dhan Yojana-led interventions and digital transformation have revolutionised financial inclusion in the country, as more than 50 crore people have been brought into the formal banking system with cumulative deposits surpassing ₹2 lakh crore. On the ninth anniversary of the Pradhan Mantri Jan Dhan Yojana, which is one of the biggest …

‘Significant milestone’, says PM Modi as Jan-Dhan accounts cross 500 million
1 year, 7 months ago

‘Significant milestone’, says PM Modi as Jan-Dhan accounts cross 500 million

Hindustan Times  

Prime Minister Narendra Modi on Saturday said it is a “significant milestone” that the flagship scheme for financial inclusion – Pradhan Mantri Jan-Dhan Yojana – has crossed 500 million, with 56% of bank accounts belonging to women and 67% of those opened in rural and semi-urban areas. Prime Minister Narendra Modi Read here: PM Modi focused on unorganised sector to …

PM Jan-Dhan Yojana adds 500 mn accounts; deposits cross ₹2.03 trillion
1 year, 7 months ago

PM Jan-Dhan Yojana adds 500 mn accounts; deposits cross ₹2.03 trillion

Live Mint  

New Delhi: Pradhan Mantri Jan-Dhan Yojana, the scheme which is responsible for providing basic banking facilities to the underprivileged and further catalysing the government’s mission for financial inclusion, now has in excess of 500 million accounts with deposits crossing ₹2.03 lakh crore. “As per the latest reports submitted by banks the total number of Jan Dhan accounts have crossed 50 …

PM Modi focused on unorganised sector to push growth: Union MoS
1 year, 9 months ago

PM Modi focused on unorganised sector to push growth: Union MoS

Hindustan Times  

Hailing the nine years of prime minister Narendra Modi-led government, Union minister of state for foreign affairs and culture Meenakshi Lekhi said the Modi government’s policies have pushed India on the path of growth. Within four months of coming to power, the prime minister ensured 53 crore more bank accounts were opened, out of which 48 crore were ‘Jan Dhan’ …

PM Narendra Modi Turns 72: A look at flagship schemes rolled out by his government
2 years, 6 months ago

PM Narendra Modi Turns 72: A look at flagship schemes rolled out by his government

Firstpost  

From Make in India to PM Kisan Samman Nidhi, here are five flagship schemes started by the Modi government Since coming to power in 2014, Prime Minister Narendra Modi has launched a number of social welfare programs and initiatives aimed at benefiting the people living in the society. From Swachh Bharat Abhiyan to the Make In India campaign, the PM …

Jan Dhan Accounts Grow Threefold To 46.25 Crore Since Inception; Know Key Benefits
2 years, 6 months ago

Jan Dhan Accounts Grow Threefold To 46.25 Crore Since Inception; Know Key Benefits

News 18  

Financial inclusion scheme Pradhan Mantri Jan Dhan Yojna was launched by Prime Minister Narendra Modi on August 28, 2014. The success of the PMJDY since August 28, 2014 is reflected in terms of opening of over 46 crore bank accounts with deposit balance of Rs 1.74 lakh crore with its expanded coverage to 67 per cent rural or semi-urban areas …

Nirmala Sitharaman says financial inclusion major step towards inclusive growth
2 years, 7 months ago

Nirmala Sitharaman says financial inclusion major step towards inclusive growth

The Hindu  

Financial inclusion is a major step towards inclusive growth which ensures the overall economic development of the marginalised sections of the society, Finance Minister Nirmala Sitharaman said on Sunday. The success of the Pradhan Mantri Jan Dhan Yojana since August 28, 2014 is reflected in terms of opening of over 46 crore bank accounts with deposit balance of ₹1.74 lakh …

Financial inclusion major step towards inclusive growth, says Finance Minister Nirmala Sitharaman
2 years, 7 months ago

Financial inclusion major step towards inclusive growth, says Finance Minister Nirmala Sitharaman

Firstpost  

Sitharaman said the success of the Pradhan Mantri Jan Dhan Yojana since 28 August, 2014 is reflected in terms of opening of over 46 crore bank accounts New Delhi: Financial inclusion is a major step towards inclusive growth which ensures the overall economic development of the marginalised sections of the society, Finance Minister Nirmala Sitharaman said on Sunday. The success …

Modi@8: Eight Flagship Schemes Launched by the Narendra Modi Govt Since 2014
2 years, 10 months ago

Modi@8: Eight Flagship Schemes Launched by the Narendra Modi Govt Since 2014

News 18  

The BJP-led National Democratic Alliance completes eight years in power on May 26, with Prime Minister Narendra Modi saying the tenure has been dedicated to the country’s balanced development, social justice and social security. Ayushman Bharat The Pradhan Mantri Jan Arogya Yojana Ayushman Bharat scheme was launched by Prime Minister Narendra Modi in September 2018 and has been billed as …

PM Jan-Dhan Yojana: Delhi High Court Seeks Centre's Response Over Purported Exclusion Of 'Intended Beneficiaries' From Covid-Relief Packages
2 years, 11 months ago

PM Jan-Dhan Yojana: Delhi High Court Seeks Centre's Response Over Purported Exclusion Of 'Intended Beneficiaries' From Covid-Relief Packages

Live Law  

The Delhi High Court today sought response from the Central government on a public interest litigation, challenging the constitutional validity of the "Relief Package" introduced during March 2020 nation-wide lockdown under the Pradhan Mantri Garib Kalyan Yojana, 2020, inasmuch as the same allegedly excludes a huge chunk of intended beneficiaries. It is his case that crores of intended beneficiaries have …

Zero-Balance Account with ATM Card, Rs 2 Lakh Insurance. Know Which Banks are Offering
3 years, 2 months ago

Zero-Balance Account with ATM Card, Rs 2 Lakh Insurance. Know Which Banks are Offering

News 18  

Pradhan Mantri Jan Dhan Yojana: To facilitate financial inclusion, the government of India has launched the Pradhan Mantri Jan Dhan Yojana in 2014. Here are the benefits that an individual gets when he or she opens a Jan Dhan account under the Pradhan Mantri Jan Dhan Yojana: – The account holder can get to avail an overdraft facility after six …

PM Jan Dhan Yojana: Redefining Financial Inclusion, the Narendra Modi Way
3 years, 2 months ago

PM Jan Dhan Yojana: Redefining Financial Inclusion, the Narendra Modi Way

News 18  

Pradhan Mantri Jan Dhan Yojana was launched on August 28, 2014, with the objective to ensure accessibility to various financial services like availability of basic savings bank account, need-based credit, remittance facility, insurance, micro-credit and pension to the excluded sections, which includes the weaker sections and low-income groups. The Jan Dhan Revolution Coming back to Jan Dhan, more than 44.34 …

SBI Customers can Get up to Rs 2 lakh Free Benefits. Know What You Need to do
3 years, 4 months ago

SBI Customers can Get up to Rs 2 lakh Free Benefits. Know What You Need to do

News 18  

State Bank of India or SBI constantly comes up with new solutions for the benefits of its customers. To avail the scheme, customers either have to open a Pradhan Mantri Jan Dhan Yojana account in the bank or they have to have the account from before. This is aimed to provide various financial services like availability of basic savings bank …

PM Jan Dhan Yojna Accounts Swell to 44 Crore Till Oct This Year
3 years, 4 months ago

PM Jan Dhan Yojna Accounts Swell to 44 Crore Till Oct This Year

News 18  

Bank accounts under Pradhan Mantri Jan Dhan Yojna have increased to 44 crore in over 7 years till October 2021, a finance ministry official said on Friday. Speaking at an Assocham event on ‘National E-Summit on Financial Inclusion – Roadmap for An Inclusive Bharat’, Department of Economic Affairs Economic Advisor Manisha Sensarma said the PM Jan Dhan Yojna has seen …

Jan Dhan Accounts Swell to 43 Cr with Total Deposits Over Rs 1.46 Lakh Cr
3 years, 7 months ago

Jan Dhan Accounts Swell to 43 Cr with Total Deposits Over Rs 1.46 Lakh Cr

News 18  

New Delhi: Bank accounts under Pradhan Mantri Jan Dhan Yojna have increased to 43 crore with total deposits over Rs 1.46 lakh crore, the finance ministry on Saturday said as the government's flagship financial inclusion scheme completes seven years of implementation. Out of total 43.04 crore PMJDY accounts, 36.86 crore or 85.6 per cent are operative, and the average deposit …

Jan Dhan Initiative Forever Transformed India's Development Trajectory: PM Modi
3 years, 7 months ago

Jan Dhan Initiative Forever Transformed India's Development Trajectory: PM Modi

News 18  

Prime Minister Narendra Modi Saturday lauded his government's 'Pradhan Mantri Jan Dhan Yojana' as it completed seven years, saying the scheme, which facilitates the unbanked population to open a bank account, has forever transformed India's development trajectory. It has ensured financial inclusion and a life of dignity as well as empowerment for countless Indians, Modi said, adding that the initiative …

7 years of Jan Dhan Yojana and how it is changing lives of the poor: 43.04 crore beneficiaries with Rs. 146,230.71 cr in deposits
3 years, 7 months ago

7 years of Jan Dhan Yojana and how it is changing lives of the poor: 43.04 crore beneficiaries with Rs. 146,230.71 cr in deposits

Op India  

There was a time when having a bank account was considered a luxury by the poor and marginalized. Jan Dhan Yojana’s role in women empowerment According to a recent report published by Women’s World Banking and Bank of Baroda titled “The Power of Jan Dhan: Making Finance Work for Women in India”, 55% of PMJDY accounts are owned by women …

SBI’s Benefits Of Up To Rs 2 Lakh To Jan Dhan Account Holders. Know All Details
3 years, 9 months ago

SBI’s Benefits Of Up To Rs 2 Lakh To Jan Dhan Account Holders. Know All Details

News 18  

Customers who have their Jan Dhan accounts in the State Bank of India are eligible to enjoy free insurance benefits of up to Rs 2 lakh. SBI provides life insurance cover of Rs 2 lakh to the Jan Dhan account holders with RuPay debit cards. The insurance amount is Rs 1 lakh for customers who opened their accounts before August …

Bank accounts opened under Jan Dhan Yojana crosses 40-crore mark
4 years, 7 months ago

Bank accounts opened under Jan Dhan Yojana crosses 40-crore mark

The Hindu  

More than 40 crore bank accounts have been opened under the government’s flagship financial inclusion drive Pradhan Mantri Jan Dhan Yojana, launched about six years ago by the Modi-government. As per the latest figure, there are 40.05 crore beneficiaries of this scheme and deposits in Jan Dhan bank accounts are in excess of ₹1.30 lakh crore. “Another milestone achieved under …

Bank Accounts Opened under Jan Dhan Yojana Cross 40 Crore-mark 6 Years after Scheme was Launched
4 years, 7 months ago

Bank Accounts Opened under Jan Dhan Yojana Cross 40 Crore-mark 6 Years after Scheme was Launched

News 18  

More than 40 crore bank accounts have been opened under the government's flagship financial inclusion drive Pradhan Mantri Jan Dhan Yojana, launched about six years ago by the Modi-government. As per the latest figure, there are 40.05 crore beneficiaries of this scheme and deposits in Jan Dhan bank accounts are in excess of Rs 1.30 lakh crore. "Another milestone achieved …

Fact check | Centre’s beneficiary count for COVID-19 relief is faulty
4 years, 10 months ago

Fact check | Centre’s beneficiary count for COVID-19 relief is faulty

The Hindu  

The Centre has wrongly claimed that 39.28 crore poor people have received financial assistance of ₹34,800 under its Pradhan Mantri Garib Kalyan package so far. Read | Legal system geared to favour the rich, powerful: Justice Gupta A Finance Ministry statement explaining the break-up of the assistance showed that the figure included 20.05 crore women who hold the Jan Dhan …

Deposits in Jan Dhan accounts surge in 1st week of April
4 years, 11 months ago

Deposits in Jan Dhan accounts surge in 1st week of April

The Hindu  

The deposits in Jan Dhan accounts saw a sudden surge in the first week of April, mainly due to the Central government transferring money into such accounts to help beneficiaries deal with the difficulties during the lockdown. According to official data, the total deposits into the accounts opened under the Pradhan Mantri Jan Dhan Yojana increased to ₹1.28 lakh crore …

Over 30 crore poor get ₹28,256 crore under PM Garib Kalyan Yojana
4 years, 11 months ago

Over 30 crore poor get ₹28,256 crore under PM Garib Kalyan Yojana

The Hindu  

More than 30 crore poor people have received financial assistance of ₹28,256 crore under the Pradhan Mantri Garib Kalyan Yojana announced by Finance Minister Nirmala Sitharaman last month to protect them from the impact of the lockdown. As part of the ₹1.70 lakh crore relief package, the government announced free foodgrains and cash doles to women and poor senior citizens …

Coronavirus Outbreak: Govt to deposit Rs 1,000 in women PMJDY accounts in next two months in equal instalments
4 years, 11 months ago

Coronavirus Outbreak: Govt to deposit Rs 1,000 in women PMJDY accounts in next two months in equal instalments

Firstpost  

Urging people not to believe rumours, the finance ministry on Thursday said Rs 500 has been deposited in each PMJDY account held by women for April and Rs 1,000 more will be given over the next two months in equal instalments New Delhi: Urging people not to believe rumours, the finance ministry on Thursday said Rs 500 has been deposited …

Government to deposit ₹1,000 in women PMJDY accounts in two instalments
4 years, 11 months ago

Government to deposit ₹1,000 in women PMJDY accounts in two instalments

The Hindu  

Urging people not to believe in the rumours, the Finance Ministry on April 9 said ₹500 has been deposited in each Pradhan Mantri Jan Dhan Yojana account held by women for April and ₹1,000 more will be given over the next two months in equal instalments. The Department of Financial Services in a tweet said the government has deposited ₹500 …

Centre credits ₹500 each to over 4.07 crore women Jan Dhan account holders
4 years, 11 months ago

Centre credits ₹500 each to over 4.07 crore women Jan Dhan account holders

The Hindu  

The Centre credited the first instalment of ₹500 to over four crore Jan Dhan accounts of poor women on Friday as part of a relief package in view of the nationwide lockdown due to the coronavirus outbreak, the Rural Development Ministry said. Interactive map of confirmed coronavirus cases in India | State Helpline numbers The amount is being released by …

Jan Dhan account holders urged not to crowd banks
4 years, 11 months ago

Jan Dhan account holders urged not to crowd banks

The Hindu  

Banks have drawn up a schedule based on the last digit of account numbers of women PMJDY account holders to make the withdrawal of Covid-19 relief sum, announced by government, easier for them in the first few days beginning April 3. Under the schedule, prepared as a measure to maintain social distancing and orderly withdrawal, beneficiaries with account numbers ending …

20 cr women Jan Dhan Account holders to get Rs 500 per month for next 3 months: Sitharaman
5 years ago

20 cr women Jan Dhan Account holders to get Rs 500 per month for next 3 months: Sitharaman

India TV News  

Finance Minister Nirmala Sitharaman on Thursday announced Rs 1.70 lakh crore Pradhan Mantri Gareeb Kalyan Yojana to help all those needy people whose livelihood has been hit hard due to the coronavirus lockdown in the country, especially the poor people. As part of the relief package, Sitharaman announced that 20 crore women of Jan Dhan Account holders will get Rs …

Sitharaman announces ₹ 1.7 lakh crore economic package to blunt COVID-19 impact | BIG TAKEAWAYS
5 years ago

Sitharaman announces ₹ 1.7 lakh crore economic package to blunt COVID-19 impact | BIG TAKEAWAYS

India TV News  

Finance Minister Nirmala Sitharaman on Thursday announced a Rs 1.7 lakh crore economic relief package for those hit hardest by the coronavirus outbreak in the country. The stimulus includes Rs 50 lakh per person insurance cover for doctors, paramedic, healthcare workers dealing with the deadly virus as well as 5 kg wheat or rice and 1 kg of preferred pulses …

Deposits in Jan Dhan accounts cross ₹1-trillion mark
5 years, 8 months ago

Deposits in Jan Dhan accounts cross ₹1-trillion mark

Live Mint  

New Delhi: Deposits in bank accounts opened under Jan Dhan scheme, launched about five years ago by the Modi-government, have crossed the ₹1 lakh crore mark. As per the latest finance ministry data, the total balance in over 36.06 crore Pradhan Mantri Jan Dhan Yojana accounts was at ₹1,00,495.94 crore as on 3 July. Accounts opened under PMJDY are Basic …

Deposits in Pradhan Mantri Jan Dhan Yojana accounts cross Rs 1 lakh cr-mark: Finance Ministry data
5 years, 8 months ago

Deposits in Pradhan Mantri Jan Dhan Yojana accounts cross Rs 1 lakh cr-mark: Finance Ministry data

Firstpost  

New Delhi: Deposits in bank accounts opened under Jan Dhan scheme, launched about five years ago by the Modi-government, have crossed the Rs 1 lakh crore mark. As per the latest finance ministry data, the total balance in over 36.06 crore Pradhan Mantri Jan Dhan Yojana accounts was at Rs 1,00,495.94 crore as on 3 July. The finance ministry had …

Banking access point should not be more than 5 kms: Nandan Nilekani-led panel on digital payments
5 years, 9 months ago

Banking access point should not be more than 5 kms: Nandan Nilekani-led panel on digital payments

Live Mint  

Mumbai: Banks need to ensure that no user is more than 5 kms away from a banking access point and if such areas are found, these must be considered ‘shadow areas’ and a local vendor be made a banking correspondent as he deals in money and stays there, said the Nandan Nilekani-led panel on deepening digital payments. The report said …

Jan Dhan Yojana’s triumph shows financial inclusion gaining pace; scheme a launching pad for success of DBT, other products
5 years, 10 months ago

Jan Dhan Yojana’s triumph shows financial inclusion gaining pace; scheme a launching pad for success of DBT, other products

Firstpost  

Allegations of large-scale misuse of Jan Dhan accounts by black money hoarders seeking to convert their illegitimate wealth in cash during demonetisation are yet to be proved. The aggregate deposits in the Pradhan Mantri Jan Dhan Yojana accounts are currently close to Rs 1 lakh crore, having grown ten-fold from the Rs 10,500 crore in the first phase of the …

Ujjwala Yojana, Jan Dhan and Swachh Bharat NDA Govt's Biggest Hit Schemes, Shows Survey
5 years, 11 months ago

Ujjwala Yojana, Jan Dhan and Swachh Bharat NDA Govt's Biggest Hit Schemes, Shows Survey

News 18  

In the run-up to Lok Sabha elections when we are all bombarded with opinion, propaganda and heated debates in favour of or against a political party, scientific data attains paramount importance. As per the survey, Ujjwala Yojana appears to be the best performing scheme, with 52.4% respondents confirming that they had received free LPG connections. As per government figures between …

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