Agents of UPSC CSE 🚩
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Agents of UPSC CSE 🚩 pinned «Follow the Agents of UPSC CSE channel on WhatsApp: https://whatsapp.com/channel/0029VamRjT01Hspq3AXoaS3u»
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India's bioeconomy to hit $300 Billion by 2030 under BioE3 policy.
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Pradhan Mantri Jan Dhan Yojna(PMJDY):

The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched on 28 August 2014, is a significant financial inclusion initiative by the Government of India.

⭐ Account Openings: As of August 2024, over 50 crore bank accounts have been opened under the PMJDY, making it the world's largest financial inclusion initiative.

⭐ Balance Growth: The total balance in PMJDY accounts has crossed β‚Ή2 lakh crore, reflecting the scheme's success in mobilizing savings from low-income households.

⭐ RuPay Debit Cards: More than 31 crore RuPay debit cards have been issued to account holders. These cards also come with a built-in accident insurance cover.

⭐ Zero-Balance Accounts: Initially, 40% of PMJDY accounts were zero-balance, but this figure has dropped significantly, demonstrating increased financial activity and account usage.

⭐ Women Beneficiaries: Women account holders constitute about 56% of the total PMJDY accounts, highlighting the scheme's role in empowering women economically.

⭐ Direct Benefit Transfers (DBT): PMJDY accounts have become a primary vehicle for Direct Benefit Transfers (DBT), ensuring that government subsidies and other payments reach beneficiaries directly, reducing leakage and corruption.

⭐ Overdraft Facility : An overdraft facility of up to β‚Ή10,000 is available to eligible account holders, helping to provide emergency funds, especially to those in rural areas.

⭐ Expansion of the Scheme: The scheme was expanded in 2018, increasing the accidental insurance cover on RuPay cards from β‚Ή1 lakh to β‚Ή2 lakh for new PMJDY accounts opened after 28 August 2018.

⭐ Jan Dhan Darshak App : The government launched the Jan Dhan Darshak app to help users locate banking touchpoints like ATMs, bank branches, and Common Service Centres, enhancing access to banking services.

⭐ Financial Literacy: The scheme also focuses on increasing financial literacy among account holders, helping them understand and utilize financial products effectively.
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Agents of UPSC CSE 🚩
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Sharpening India's anti-tuberculosis fight
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It was in the sedate Stoke Mandeville village, northwest of London, that the foundations for the modern Paralympic Games were laid over seventy-five years ago.
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✍🏻How ISRO designed humanoid skull which will be used in Gaganyaan
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