What is this January Dhan Yojana Scheme ?
This conception is aimed at providing bank accounts, insurance encompass too a debit menu to all the citizens of the country. The ‘Jan Dhan Yojana‘ volition render individuals amongst a RuPay debit menu which carries free accidental insurance encompass of Rs one1 lakh. According to intelligence reports the personal accident insurance encompass would live on enhanced to Rs 2 lakhs per year. This is probable to render or too then encompass peculiarly to marginalized sections of social club inwards the unfortunate result of decease of the earning fellow member due to an accident.
Highlights of January Dhan Yojana Scheme 2014
- Modi had announced the scheme on Independence Day inwards his address to the nation.
- Launched on 28th August 2014
- The logo of the mission was created by Priya Sharma. shown hither —————>
- The mention “Jan Dhan” was chosen through an online contest on the MyGov Platform too received to a greater extent than than 6000 proposition from Indian citizens. After evaluation the jury shortlisted “Jan Dhan” which was suggested yesteryear seven individuals.
- Slogan of this scheme is “Mera Khata – Bhagya Vidhaata” (My Bank Account – The Creator of the Good Fortune)
- The primary objective of the programme, Pradhan Mantri January Dhan Yojana, is to deepen fiscal inclusion. As many every bit 60000 banking concern camps volition live on conducted too most 1 crore accounts are targeted to live on opened inwards simply 1 day.
- The long term vision of the January Dhan Yojana is to lay the foundation of a cashless economic scheme too is complementary to the Digital Bharat Scheme.
- This scheme has laid an ambitious target of bringing inwards to a greater extent than than 7.5 crore un-banked families into India’s banking organization by opening more than fifteen Crore banking concern accounts at the charge per unit of measurement of two banking concern accounts per household.
- Every private who opens a banking concern trouble concern human relationship becomes eligible to have an accident insurance encompass of up-to Rs 1 Lakh for his entire family.
- Once the banking concern trouble concern human relationship has been active for vi months too has been linked to trouble concern human relationship holders Aadhar identity , they would teach eligible for an overdraft of upwards to Rs 2,500 , which would farther live on enhanced yesteryear the banking concern to Rs 5000 over time.
- The mission volition live on implemented inwards two phases. .
- Phase-I from 15th August 2014 to 14th August 2015 :
- Universal access to banking facilities for all households across the province through a banking concern branch or a fixed indicate Business Correspondent (BC) called Bank Mitra inside a reasonable distance except areas amongst infrastructure & connectivity constraints.
- To encompass all households amongst atleast 1 Basic Banking Account amongst RuPay Debit menu having inbuilt accident insurance encompass of Rs.1 lakh. Further an overdraft facility upto Rs.5000 volition likewise live on permitted to Adhaar enabled accounts later on satisfactory functioning inwards the trouble concern human relationship for vi months.
- Financial literacy programme which aims to ask maintain fiscal literacy upto hamlet level.
- The Mission likewise envisages expansion of Direct Benefit Transfer nether diverse Government Schemes through banking concern accounts of the beneficiaries of.
- The issuance of Kisan Credit Card (KCC) every bit RuPay Kisan Card is likewise proposed to live on covered nether the plan.
- Phase-II from 15th August 2015 :
- Providing micro –insurance to the people.
- Unorganised sector Pension schemes similar Swavalamban through the Business Correspondents.
- The Yojana is existence monitored inwards a Mission Mode amongst the Finance Minister existence the Head of the Mission.
- It is estimated to encompass 7.50 crore households amongst at to the lowest degree 1 trouble concern human relationship nether the Yojana too likewise a large pose out of dormant accounts would live on activated
- Electronic Transfer of subsidies nether diverse schemes of Government would live on enabled.
- Both rural too urban areas volition live on covered inwards this scheme
- IDBI Bank has said that it plans to opened upwards every bit many every bit 2 lakh basic savings accounts nether the Pradhan Mantri January Dhan Yojana.