On August 28, India celebrated 10 years of Prime Minister Narendra Modi's flagship program, Pradhan Mantri Jan Dhan Yojana (PMJDY) which was launched a decade ago with an aim to bring the marginalised and the economically backward under the banking fold. Since the launch of this much publicised scheme back in 2014, it has proved to be a major success for the Modi government with data suggesting that it has hugely benefitted women.
GENDER EQUALITY
According to the statistics, out of the total 53.13 crore Jan Dhan accounts, over 30 crore are women's accounts which means that nearly 80% of this are women beneficiaries, highlightinggender equality in financial access. As of Aug 14, 2024, there were over 53.1 crore beneficiaries with total deposits of over Rs 2.3 lakh crore.
BRIDGING THE RURAL-URBAN DIVIDE
Over 65% of the accounts are either in rural or semiurban areas, manifesting that the government's aim to diminish this divide has proven a master stroke. This program has played a significant role in empowering downtrodden communities and reducing the gender gap in financial services.
TOTAL DEPOSITS
Esta historia es de la edición September 01, 2024 de The Sunday Guardian.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición September 01, 2024 de The Sunday Guardian.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Honda 2w domestic sales surged 20 pc Y-o-Y in Oct
Honda Motorcycle & Scooter India registered robust sales growth in October, reporting a total of 5,97,711 units sold overall.
Skoda to launch updated ev in India: Brand director Petr Janeba
Skoda Auto will roll out its electric vehicle in the Indian market in 2025.
Tata Motors' consolidated profits fell 11 per cent in July-September
A utomobile giant Tata Motors reported a consolidated net profit decline of 11.18 per cent to Rs 3,343 crore for the July-September 2024 quarter, according to the company's financial report released on Friday.
M&M Q2 profit jumps 35 pc, leads market in SUVs, LCVs and tractors
Mahindra & Mahindra Limited (M&M) reported growth in the second quarter of Financial Year (FY)25, with consolidated Profit After Tax (PAT) reaching Rs 3,171 crore, a 35 per cent year-on-year increase.
AUTO SALES IN OCTOBER UP 32% AMID FESTIVITIES
India's overall auto sales witnessed a strong 32 per cent year-on-year (YoY) growth in October, with the two-wheeler segment leading the surge, according to a report by the Federation of Automobile Dealers Associations (FADA) released on Wednesday.
HIMALAYAN ECHOES: A LITERARY TRAVEL EXPERIENCE
‘Himalayan Echoes connects humans with literature and nature together. Any distancing between them must be avoided.’
INTERNATIONAL EXHIBITION HIGHLIGHTING SPIRITUAL ASPECTS OF VISUAL ART OPENS AT IGNCA
An exhibition of paintings by eminent artists from India, Nepal and Slovakia has opened at the Indira Gandhi National Centre for Arts in New Delhi as part of the 8th International Ancient Arts Festival.
How Kamala helped me get my mojo back
While I was increasingly drawn to slowing down, Kamala Harris, a veteran of many courtroom battles, geared up for the fight of a lifetime.
EU FILM FESTIVAL IN DELHI BRINGS EUROPE CLOSER TO INDIA
The sentiment of storytelling as a bridge between cultures and eras is echoed throughout the festival.
WHO CHIEF WARNS OF FAMINE IN GAZA
WHO's Director-General, Tedros Adhanom Ghebreyesus warned that Northern Gaza is on the brink of facing an imminent famine if interventions regarding humanitarian aid are not made within days in the area.