This scheme proves to be an iron hand in dealing with corruption, after this scheme citizen are getting their subsidy and other benefit into their account directly without any mediator or corrupt person in between. Free RuPay debit card for account. It is important for every citizen to start saving even a small amount to ensure a dignified old age. In case the overdraft availed is paid back promptly, the bank may increase this limit to Rs. Get your paper now. 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. The idea behind this feature is to innovate as much as possible to ensure financial inclusion as well as financial security to as many Indians as possible.

The best and the most significant benefit of Pradhan Mantri Jan Dhan Yojana is the provision of insurance. Debit card facility is also looking very helpful to poor people where they can withdraw money at any time and at any place according to the table This has proved as a boon for people and Indian economy as every citizen started savings and help in the development of country. Letter to your father describing how you are helping the household in his absence, Informal letter for Class 9, Class 10, Class Accessed 23 May The total balance in these accounts amounts to Rs. The National Mission on Financial Inclusion or Pradhan Mantri Jan Dhan Yojna was started by Ministry of Finance, Department of Financial Services, Government of India, with a wide vision to provide access to banking facilities to those people who are not having any bank accounts or still unbanked from formal banking sector, so that they can also be involved in banking sector which is necessary for economic development and for the welfare of poor people.

We can say that accountable and transparent organizational structure with their predetermined contribution for implementing PMJDY will be essential for achieving the desired societal outcomes which solely depends on the execution skill of the Government.


10 Lines on Jan Dhan Yojana

Do anyone got application PDF ,if yeskindly mail me or send here. Thus they will avail benefit offered by banks and facilities provided by government and will be able to develop small savings habits among them, and it will enhance capital formation, which will in result increase economic development of country. Over96, accounts were opened by individuals during the first week of launch of the scheme.

Run by Department of Financial ServicesEwsay of Financeunder this scheme 15 million bank accounts were opened on inauguration day.

Important things to keep in mind: The progress of all proposed strategies needs mibister be checked on regular basis and effectively implemented within specified time bound framework.

Interest is on deposit. As discussed, the above sample has been divide into three paragraphs per the expected word count.

Jan dhan yojana

For a sensitive topic like this, be mindful of the words you use. Now the only way to get cash, or exchange old ptime with the new one is done by only banks and post offices. After completing six months of satisfactory operations of the Jan Dhan account, an overdraft facility of Rs.

The Rupay card holder must have performed at least one financial transaction successfully within 90 miniwter from the date of accident. With the Jan Dhan account, customers who fulfill the eligibility conditions will receive Rs. In a run-up to the formal launch of the scheme, the Prime Minister personally mailed prjme chairman of all the PSU banks to gear up for the mammoth task of enrolling over 7.

And, it brought about Rs. Firstly, it gave a bank accounts to the backward people to whom banks were inaccessible. We are providing you content just for reference.


essay on prime minister jan dhan yojana

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The account holder will also be provided life insurance cover of INR 30, for accounts opened before January 26, and an accidental insurance cover of INR 1 lakh. Modi said that today is the day of financial freedom in India.

essay on prime minister jan dhan yojana

The reality of this scheme is reflected in the data below as on Without the supply of currency all the business transactions have been stumbled. The Pradhan Mantri Jan Dhan Yojana is aimed at financial inclusion of the economically weaker section of the society. Retrived May 23,from https: Government schemes in India.

Cabinet ministry of Mr. Since this topic is very vast in its context, do not go into details for such topics. This has proved as a boon for people and Indian economy as every citizen started savings and help in the development of country.

The Yojana was announced by the prime minister in his Independence Day speech on August 15, It was also started in order to promote tendency of savings among the poor people.

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

Pradhan Mantri Jan Dhan Yojana is a great scheme which was brought by government of India with a good intention so that those people who yojanna never seen a bank during their whole lifetime will have the access to the banks facilities. Are you interested in getting a customized paper?

essay on prime minister jan dhan yojana

Jan Dhan Yojna creates record and Bank Accounts will enhance the economy.

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