In a run-up to the formal launch of the scheme, the Prime Minister personally mailed the chairman of all the PSU banks to gear up for the mammoth task of enrolling over 7. Retrieved from ” https: The scheme has been criticized by opposition as an effort to please voters that has created unnecessary work-burden on the public-sector banks. A woman with strong opinions. The good leverage is that the pm and his men are competent and if the scheme and its plan of operation were not good they would not have gone for this.

The opportunities of insurance coverage are limited in the rural areas and to most it is impossible to think of paying the premium for a policy. Users are requested to review the revised Privacy Policy before using the website services, as any further use of the website will be considered as User’s consent to MapsofIndia Privacy Policy and Terms. Akalesh Kumar Yadav Jul Without access to a basic bank account, facilities such as insurance cover and debit cards remain a far cry to this section of the population. The total balance in these accounts amounts to Rs.

Firstly, it gave a bank accounts to the backward people to whom banks were inaccessible.

essay on pradhan mantri jan dhan yojana in english

From Wikipedia, the free encyclopedia. Manfri step will ensure that even people from rural areas and those from the unorganized sector have access to quick and convenient banking options.

The scheme was targeted at the rural and unorganised sector by sending emails to banks informing them of the PMJDY scheme. The account holders will be provided a zero-balance savings account with a RuPay debit card. Maharishi Markandeshwar University Apply Pradyan. However, this move was condemned by all opposition parties and even faced backlash from people.


essay on pradhan mantri jan dhan yojana in english

The banking network is all set to open bank accounts of the uncovered households in both rural and urban areas. Namrata Gupta Jan 5. Is RBI contradicting its own stance? Run by Department of Financial ServicesMinistry of Financeunder this scheme 15 million bank accounts were opened on inauguration day.

10 Lines on Jan Dhan Yojana in English for Children and Students

I want a free account! Election Results Live. With the Jan Dhan account, customers who fulfill the eligibility conditions will receive Rs.

It was also started in order to promote tendency of savings among the poor people. A lot of things are demanded of you, and oftentimes it seems like Jan Pradhann Yojna creates record and Bank Accounts will enhance the economy.

The Prime Minister said that with the launch, the momentum of inclusive financial networking should gain momentum Gadi apne aap chalne lagti hain.

Essay For SSC CHSL Tier II (Descriptive Paper) – Jan Dhan Yojana

Narendra Modi opened Pradhan Mantri Jan-Dhan Yojana all over India and it is predicted that this effective scheme may prove to be beneficial for country. They can deposit the money and earn interest on it and withdraw it from an ATM when the need arises. Pallavi Agarwal Nov Notify me of new posts by email. It can be said that there are two sides to the introduction of the scheme.


Jan Dhan Yojana is proved to be a benchmark in the financial health of the Indian economy as it has boosted the savings of the people and has connected everyone with bank. But how far it is specific, it is yet to be known. Many individuals who already have bank accounts may have had accounts created for themselves, lured by the insurance covers and overdraft facilities.

Jan dhan yojana

Banasthali University Apply Yojama. After completing six months of satisfactory operations of the Jan Dhan account, an overdraft facility of Rs. Vakeel basha October 1, at 6: The scheme is run by the Ministry of Finance and holds the Guinness World Record for the maximum number of accounts open in a week anywhere in the world. Please anyone gibe me link for GST.

essay on pradhan mantri jan dhan yojana in english

General Awareness Speech Paragraph. Government was the decision. This reduces delay and leakage to get service. The scheme also provides for personal accident insurance under the following conditions: