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AN OVERVIEW OF FINANCIAL INCLUSION WITH REFERENCE TO PM JAN DHAN YOJNA IN INDIA

  • Unique Paper ID: 172833
  • Volume: 11
  • Issue: 7
  • PageNo: 4167-4175
  • Abstract:
  • Financial inclusion means delivery of financial services like Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension at inexpensive cost to weaker section and low-income generators of economy. Financial inclusion has always been a major challenge for the government since independence as it is the main catalyst for inclusive growth. For availing the banking services and facilities to poorer section of the society prime minister launched Pradhan Mantri Jan Dhan Yojna (PMJDY) on 28th August 2014. The main objective of this scheme is to cover every household through banking services so that government’s schemes can be effectively implemented. This paper is going to review the status of financial inclusion accomplished in India through PMJDY on the basis of latest secondary data freely available in public domain.
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Cite This Article

  • ISSN: 2349-6002
  • Volume: 11
  • Issue: 7
  • PageNo: 4167-4175

AN OVERVIEW OF FINANCIAL INCLUSION WITH REFERENCE TO PM JAN DHAN YOJNA IN INDIA

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