Individuals who receive various benefits under various government schemes like LPG subsidy can now receive the amount directly into their PMJDY accounts. Suddenly the monetary situation has become complicated. Opening of no-frills accounts: Pradhan Mantri Jan Dhan Yojana is an Aadhaar-linked scheme which helps avoid fraud related to account opening. The Jan Dhan Yojana aims to help the inexpensively weaker sections of the society to become fiscally confident.

The best and the most significant benefit of Pradhan Mantri Jan Dhan Yojana is the provision of insurance. Hi Gradians,hope you are reading well. 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. However this would vary from bank to bank and account usage. But with a Jan Dhan account, these requirements are done away with so that anyone can open this account even if they do not have money to deposit right away.

Jan Dhan Pradhna is an account opening and money saving scheme especially made by the Indian Prime Minister, Narendra Modi for the poor people of India to connect them to the bank account and give all the benefits of the opening account.

short essay on pradhan mantri jan dhan yojana

Demonetisation was claimed as an effort to stop the current banknotes for funding terrorism and also to reduce the black money in the country. You can select any Jan Dhan Yojana essay given below:. According to the RBI, these small accounts shorh be valid for a year.

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

prachan With new branches, new infrastructure, new jobs should also be generated. The project has been modeled to fulfil his vision of financial inclusion by providing economic benefits for all sections of Indian society.


short essay on pradhan mantri jan dhan yojana

Let us look into some ehan the most significant benefits that this scheme offers to the citizens of India. Byabout 7. Consumer and Retail Trends in China Essay. Professionals stated that previous scheme did not focus on households and urban financial inclusion. Relaxation on know-your-customer KYC norms: Notify me of follow-up comments by email. This type of account call “Small Account”can regularized within one year.

Pradhan Mantri Jan Dhan Yojana Essay for Students

Diversity and Inclusion Essay. Suddenly the monetary situation has become complicated.

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 Holi festival is the festival of colors.

August 29, Updated on: There are some drawbacks of this scheme. As per the government notice, only those people would get ewsay overdraft facility whose transaction record has satisfactory operations in their account for some time. Always draft a rough sketch of the points you wish to write so that you make a proper sequence and do not miss out on any important information.

Pradhan Mantri Jan Dhan Yojana — Vikaspedia

To make India an independent India in real mean is to make its living people independent. A democracy in its full sense gives every person in it the right to basic needs and access to institutional and economic reforms.


The confidence that their decision to bring Modi to the fore was a risk which paid off.

The PMO had sent out over 7. The scheme offers a life cover of Rs. Most importantly it aims to cover people from the rural areas as well as the unorganised sector of the urban and semi-urban areas.

Jan dhan yojana

Do anyone got application PDF ,if yeskindly mail me or send here. It is important for every citizen to start saving even a small amount to ensure a dignified old age. This effective scheme has a national mission on financial inclusion in order shot cover all households in the country with banking facilities and having a bank account for each household.

Matri completing six months of satisfactory operations of the Jan Dhan account, an overdraft facility of Rs. In case the overdraft availed is paid back promptly, the bank may increase this limit to Rs.

short essay on pradhan mantri jan dhan yojana

This scheme proves to be an iron shott 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. Bio-metric based account opening and transaction are available through business correspondent. Thus the move was a step towards development of India.