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Tuesday, October 18, 2022

10 Lines on Jan Dhan Yojana | 5 Lines on Jan Dhan Yojana | Few Important Lines on Jan Dhan Yojana in English

10 Lines on Jan Dhan Yojana | 5 Lines on Jan Dhan Yojana | Few Important Lines on Jan Dhan Yojana in English
10 Lines on Jan Dhan Yojana | 5 Lines on Jan Dhan Yojana | Few Important Lines on Jan Dhan Yojana in English

 

10 Lines on Jan Dhan Yojana/ 5 Lines on Jan Dhan Yojana/ Few Important Lines on Jan Dhan Yojana in English: Students in various classes are looking for 10 Lines on Jan Dhan Yojana in english. Here in this article we will provide 10 Lines on Jan Dhan Yojana, 5 Lines on Jan Dhan Yojana and Few Important Lines on Jan Dhan Yojana in English. These 10 Lines on Jan Dhan Yojana are important If you have been given an assignment from school to write 10 lines on Jan Dhan Yojana in English or 5 lines on Jan Dhan Yojana in English then you can refer to the points given in the below article.


10 Lines on Jan Dhan Yojana Details

We are providing below 10 Lines on Jan Dhan Yojana in English. These 10 Lines on Jan Dhan Yojana have been written in simple language, yet emphasis has been made to elaborate on every aspect of the Jan Dhan Yojana.

Topic

Jan Dhan Yojana

Material

10 Lines on Jan Dhan Yojana /5 Lines on Jan Dhan Yojana/Few Lines on Jan Dhan Yojana

Language

English

For

Students of any Class 1-12

Format

Text

Provider

Teacher Text


How to Find 10 Lines on Jan Dhan Yojana in English or 5 Lines on Jan Dhan Yojana in English?

  1. Visit our website Teacher Text.
  2. Now search for the main 10 Lines articles.
  3. Once on the main page search for the particular topic i.e Jan Dhan Yojana.
  4. Click on the 10 Lines on Jan Dhan Yojana in English page to complete your assignment.

10 Lines on Jan Dhan Yojana in English

Students of any class who are looking for 10 Lines on Jan Dhan Yojana in english can refer to the 10 lines about Jan Dhan Yojana in below points:


  1. ‘Pradhan Mantri Jan Dhan Yojana’ (PMJDY) is a financial inclusion programme which is applicable for 18 to 65 years of age group.
  2. Jan Dhan Yojana was launched on 28th August 2014 by Prime Minister Narendra Modi.
  3. Jan Dhan Yojana aims to provide easy access to every kind of financial services like opening zero balance account, insurance cover etc.
  4. Financial transactions, credit facility and pensions will be transferred online to the bank accounts of the poor people.
  5. According to a report, around 1.5 crore bank accounts were opened on very first day.
  6. By 27th June 2018 up to 318 million bank accounts were open with the deposit of 792 billion rupees.
  7. For Jan Dhan Yojana, Prime Minister Narendra Modi gave the slogan “Mera Khata Bhagya Vidhata” i.e. my account brings me good fortune.
  8. The scheme also got some criticisms as very few people were covered under the insurance package announced by the government.
  9. Some people say that it was only a populist scheme which increased the burden of banks and other financial institutions.
  10. Jan Dhan scheme is seen as a boon to the poor population as now they can get the benefits directly in their accounts.

5 Lines on Jan Dhan Yojana in English

Students of any class who are looking for 5 Lines on Jan Dhan Yojana in english can refer to the 10 lines about Jan Dhan Yojana in below points:

  1. Jan Dhan Yojana is an ambitious scheme which was launched by Prime Minister Narendra Modi on 28th August 2014.
  2. Jan Dhan Yojana was launched with the aim of opening of bank accounts of every family of India.
  3. Jan Dhan Yojana targeted to open two bank accounts in 7.5 crore targeted households up to August 2018.
  4. The scheme created a world record with enhancing the economy of India where everybody will receive the benefit from the government equally.
  5. Jan Dhan Yojana provided the facility of basic bank accounts with ATM debit cards and a certain amount of insurance coverage.

Few Important Lines on Jan Dhan Yojana in English

Also, these are a few important lines on Jan Dhan Yojana in English if any students require them.


  1. Other facilities in Jan Dhan bank accounts are credit facility of 5000 Rs and “Rupay” debit card with insurance cover of 1 lakh rupees.
  2. Jan Dhan Yojana proved to be beneficial where every family will have its own bank account.
  3. Experts say that Jan Dhan Yojana is beneficial as it has brought poor population into the banking stream where they can safely keep their savings.
  4. Jan Dhan Yojana scheme provided the facility of a zero balance savings account so it is not necessary to maintain minimum balance in the account.
  5. By doing direct money transfer in the bank accounts of the beneficiaries of different schemes, it will also help reducing corruption.

More Details about Jan Dhan Yojana


Pradhan Mantri Jan Dhan Yojana (transl. Prime Minister's Public Finance Scheme) is a financial inclusion program of the Government of India open to Indian citizens (minors of age 10 and older can also open an account with a guardian to manage it), that aims to expand affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions. This financial inclusion campaign was launched by the Prime Minister of India Narendra Modi on 28 August 2014. He had announced this scheme on his first Independence Day speech on 15 August 2014.

Run by Department of Financial Services, Ministry of Finance, under this scheme 15 million bank accounts were opened on inauguration day. The Guinness Book of World Records recognized this achievement, stating: 'The most bank accounts opened in one week as a part of the financial inclusion campaign is 18,096,130 and was achieved by the Government of India from August 23 to 29, 2014'. By 27 June 2018, over 318 million bank accounts were opened and over ₹792 billion (US$12 billion) were deposited under the scheme.


FAQs Regarding 10 Lines on Jan Dhan Yojana in English | 5 Lines on Jan Dhan Yojana in English


How to find 10 lines on Jan Dhan Yojana in English??

Students of any class can find 10 lines on Jan Dhan Yojana in English from the above article.

How to find 5 lines on Jan Dhan Yojana in English?

Students of any class can find 5 lines on Jan Dhan Yojana in english from the above article.
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