Financial Inclusion Explained: PM Jan Dhan Yojana & Key Reforms | UPSC
Follow me on instagram, https://www.instagram.com/ziasafir?ut... whatsapp number 9790892697 The Courses available at this time are as follows, for the details watch the video links given below. https://academixedge.rpy.club/courses... - Interview Mentorship Pgm https://academixedge.rpy.club/course/... - Csat Course https://academixedge.rpy.club/course/... -IAS Course https://academixedge.rpy.club/course/... - Sociology course https://academixedge.rpy.club/course/... - Sociology Notes Here are the details of various Courses available, watch the videos for more clarity. • Socio Course details Sociology Course Details • IAS Mentorship Explanation IAS Mentorship • Sociology Mentorship Sociology Mentorship • Sociology Test Series Sociology Test Series • IAS Course IAS Course Financial inclusion is a cornerstone of India's economic growth, and the Pradhan Mantri Jan Dhan Yojana (PMJDY) has been instrumental in achieving this goal. Launched in August 2014, PMJDY is a National Mission on Financial Inclusion, aiming to provide affordable financial services to every household. In this video, we explore: Key features of PMJDY, including free accident insurance, life insurance, and overdraft facilities. The role of Direct Benefit Transfer (DBT) in boosting financial inclusion by creating a pull factor for bank account openings. The JAM Trinity (Jan Dhan, Aadhaar, and Mobile), designed to reduce leakages in subsidy transfers and improve transparency. NPCI's role in developing an integrated payment system, enabling access to bank accounts even without the internet via USSD codes. We also delve into: A comparison of commercial and cooperative banks, highlighting differences in objectives, management, and services. Recommendations from the Nachiket Mor Committee and the Deepak Mohanty Committee to further financial inclusion, including the promotion of payment banks, small finance banks, and universal crop insurance schemes. Whether you’re preparing for UPSC GS3, banking exams, or want a comprehensive understanding of financial inclusion in India, this video is your one-stop solution. #FinancialInclusion, #JanDhanYojana, #NPCI, #BankingReforms, #JAMTrinity, #DirectBenefitTransfer, #UPSCGS3, #PradhanMantriYojana, #CooperativeBanks, #CommercialBanks, #AadhaarBankAccounts, #FinancialLiteracy, #IndiaBankingSector, #RuralBanks, #NachiketMorCommittee, #DeepakMohantyCommittee, #PSLIndia
