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 ₹2 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 ₹10,000 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 ₹1 lakh to ₹2 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.
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 ₹2 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 ₹10,000 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 ₹1 lakh to ₹2 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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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.
Click here
Click here
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Analysing the Gender Budget of 2024-25 | Explained - The Hindu
https://www.thehindu.com/business/Economy/analysing-the-gender-budget-of-2024-25/article68582974.ece
https://www.thehindu.com/business/Economy/analysing-the-gender-budget-of-2024-25/article68582974.ece
The Hindu
Analysing the Gender Budget of 2024-25 | Explained
Women-led development at the core of Budget announcements, with increased allocations for pro-women schemes, reflecting commitment to empowerment.
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How conservationists are helping once-extinct birds find lost migration routes 🔗
#migration #migratory_birds
#migration #migratory_birds
The Indian Express
How conservationists are helping once-extinct birds find lost migration routes
Over the last two decades, breeding and rewilding efforts have borne fruit. Biologist Johannes Fritz and his Austria-based conservation group Waldrappteam have brought the bird’s population in central Europe from zero to almost 300 since 2002.
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