Why Jan Dhan is critical to Modi's plans

During his Independence Day speech on 15th August 2014, Prime Minister Modi announced the establishment of PMJDY as a scheme meant to increase banking penetration, promote financial inclusion and provide at least one bank account per household across the country in four years.

By Joe C Mathew  
Thursday, September 6, 2018

On July 5, Narendra Modi government decided to make its national financial inclusion programme, Pradhan Mantri JanDhan Yojana (PMJDY) open-ended with several additional features. If you are yet to be familiar with PMJDY here are the details:

THE PROGRAMME

During his Independence Day speech on 15th August 2014, Prime Minister Modi announced the establishment of PMJDY as a scheme meant to increase banking penetration, promote financial inclusion and provide at least one bank account per household across the country in four years. It was formally launched on 28th August, that year. The government has now decided to continue the programme and keep it open-ended.

NEW FEATURES

CURRENT STATUS

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