The Pradhan Mantri Jan Dhan Yojana (PMJDY), among the many entrance runner campaigns of the Modi- led Central federal authorities, famous its tenth wedding ceremony anniversary on August 28, 2024. Prime Minister Narendra Modi introduced this plan all through his Independence Day speech on the Red Fort on August 15, 2014, rapidly after considering office for the very first time. The throughout the nation rollout adhered to on August 28, 2014.
The PMJDY was launched with quite a few objectives, each one in all which have truly considerably profited the federal authorities and people. Notably, all through the COVID-19 pandemic, the plan performed an important responsibility in paying out monetary help straight to folks. Additionally, funds from methods just like the PM-Kisan Samman Nidhi and MGNREGA had been moreover moved completely to recipients’ accounts, all many because of the prevalent fostering of Jan Dhan accounts.
Participate within the PMJDY Quiz and Win Reward
As the Pradhan Mantri Jan Dhan Yojana (PMJDY) notes its tenth wedding ceremony anniversary, the federal authorities is commemorating this turning level with an distinctive check. Citizens can at the moment participate and win rewards by addressing inquiries related to this entrance runner plan. Prime Minister Narendra Modi launched this marketing campaign on the social networks system ‘X’ (beforehand Twitter).
The check will definitely be survive the NaMo App all through the day on Wednesday, August 28. Participants can deal with the “Jan Dhan 10/10 Challenge,” the place by correctly addressing 10 simple inquiries, they stand a chance to win a publication on administration, immediately licensed by PM Narendra Modi.
The Genesis of Pradhan Mantri Jan Dhan Yojana
When Narendra Modi’s federal authorities took office in 2014, amongst its very first high priorities was to convey the commoner proper into the official monetary system. To attain this, the federal authorities launched the Pradhan Mantri Jan Dhan Yojana (PMJDY), a system developed to open up financial savings account for the poorest folks with no equilibrium wants. This marketing campaign led the way in which for the switch of benefit from totally different social safety methods to recipients by way of Direct Bank Transfer (DBT).
The important objective of PMJDY was to include the marginalised areas of tradition, that previously didn’t have accessibility to monetary, proper into the financial mainstream. The plan supposed to open up monetary financial savings monetary establishment accounts, streamline accessibility to debt, and provide insurance coverage protection and pension plan facilities to those folks.
To day, over 52.39 crore Jan Dhan accounts have truly been opened up, offering people the advantage of opening up a checking account with no minimal equilibrium demand or the requirement for an identifier. According to federal authorities info, the number of recipients stays to broaden, displaying the plan’s far-flung affect.
How ‘Jan Dhan Account’ Differs from a Regular Savings Account
If you’re asking your self precisely how a Jan Dhan account varies from a standard monetary establishment interest-bearing account, proper right here’s what you require to acknowledge. Like routine interest-bearing accounts, Jan Dhan accounts moreover achieve ardour on the transferred amount. However, the Pradhan Mantri Jan Dhan Yojana (PMJDY) supplies fringe advantages that set up it aside.
Jan Dhan account house owners receive sudden insurance coverage coverage safety of Rs 1 lakh and life insurance coverage coverage cowl of Rs 30,000. Unlike typical interest-bearing accounts, there isn’t any demand to protect a minimal equilibrium in a Jan Dhan account. Moreover, recipients are certified for an overdraft account heart of as a lot as Rs 10,000.
Upon opening up a Jan Dhan account, account house owners are launched a RuPay debit card. These accounts may be opened up at each monetary establishments and message workplaces, with only a frying pan card and Aadhaar card wanted. Additionally, Jan Dhan accounts can moreover be opened up on-line, making the process rather more sensible.
