PMJDY – Jan Dhan Yojana – Questions

When the Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched in the last week of August 2014, nobody had anticipated that it would become so popular with the masses in such a short time. Owning to the large scale roll-out of the scheme and the large number of participating banks, there has been some confusion … Continue reading “PMJDY – Jan Dhan Yojana – Questions”

What is more important than Financial Inclusion in India?

By Seema Sahai The policy landscape in India is marred with an obsession for targets in terms of number. People below poverty line, income level for poverty line, workers in informal sector, number of school drop-outs and number of mal-nourished children, all these have been just reduced to figures in books and speeches of politicians. Qualitative analysis of the problems facing … Continue reading “What is more important than Financial Inclusion in India?”

Jan Dhan Yojana – Withdrawal Limits

All newly opened bank accounts under PM Jan Dhan Yojana have a monthly limit on withdrawals in the account which is set to Rs 10,000. Some financial inclusion experts feel that this cap could deter people from opening accounts under Pradhan Mantri Jan Dhan Yojana. These accounts also carry a upper limit on deposits which … Continue reading “Jan Dhan Yojana – Withdrawal Limits”

Features of Jan Dhan Yojana

Given below are a list of important features of the Pradhan Mantri Jan dhan yojana , a financial inclusion scheme which was launched earlier this week. The government scheme was launched by PM Modi at a function in New Delhi. Important Features of Jan Dhan Yojana Zero Balance Account  The accounts under PMJDY will be zero … Continue reading “Features of Jan Dhan Yojana”