Question

Write an article on jan Dhan yojana in 150-200 words

Answer 1

The full name of the program popularly known as ‘Jan Dhan Yojana’ is ‘Pradhan Mantri Jan Dhan Yojana (PMJDY)’. It was launched on the Independence Day of 2014, by the Prime Minister Sri. Narendra Modi.  

The aim of this popular program is to spread awareness and access for the poor, to financial services such as bank accounts, remittances, credit, insurance and pensions. It is run by the Department of Financial Services, which comes under the Ministry of Finance. Under PMJDY, tedious processes and paperwork were done away with. A main feature was that it provided accidental and life insurance cover to the account holders.

15 million bank accounts were opened on the inaugural day and in 2018, it was grown to 318 million bank accounts with deposits totalling 792 billion Indian Rupees. Under this scheme, the States of Kerala and Goa became the first States to provide one basic bank account, to every household in the State.

Answer 2

Answer:

Jan Dhan Yojana is a people money saving scheme launched by the Indian Prime Minister, Narendra Modi 28th of August 2014. it is to so called as the Pradhan Mantri Jan-Dhan Yojana which is actually a People's Wealth Scheme to make some opportunity for common Indian people living in the rural areas. This scheme was launched by the prime minister to enable poor people to money saving.

            This account opening and money saving scheme was launched as a national challenge to bring each and every Indian citizen to the bank and connect to its benefits. Many programmes have been set up in the rural areas to draw people's mind, explain them about the processes and benefits of opening bank account as well as make them aware about the importance of bank accounts.

                           People responded to this scheme well. A huge number of new accounts are opening in banks. A fair amount of saving and deposits is also encouraging sign. This scheme is going to benefit poor people in many ways. Money planned for poverty elevation scheme would be transferred directly to people's accounts.    

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