1. What is the Jan Dhan Accounts milestone that has been achieved?
The Jan Dhan Accounts, a part of the Pradhan Mantri Jan Dhan Yojana (PMJDY), have crossed the significant milestone of 50 crore accounts.
2. When was this milestone achieved?
As per the latest reports submitted by banks, the milestone of crossing 50 crore Jan Dhan accounts was achieved on August 9, 2023.
3. What is the significance of this milestone?
The achievement of 50 crore Jan Dhan accounts signifies the success of the government's efforts towards financial inclusion, providing banking services to previously unbanked individuals across the country.
4. What is the breakdown of Jan Dhan accounts based on gender and location?
According to reports, 56% of the Jan Dhan accounts belong to women, and 67% of the accounts have been opened in rural or semi-urban areas.
5. What is the total amount of deposits in Jan Dhan accounts?
The deposits in these Jan Dhan accounts have exceeded Rs 2.03 lakh crore.
6. How many RuPay cards have been issued under the scheme?
Approximately 34 crore RuPay debit cards have been issued for Jan Dhan accounts, and these cards are provided free of cost.
7. What is the average balance in PMJDY accounts?
The average balance in Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts is Rs. 4,076.
8. How many PMJDY accounts are receiving Direct Benefit Transfer (DBT) benefits?
More than 5.5 crore PMJDY accounts are currently receiving Direct Benefit Transfer (DBT) benefits.
9. When was the Pradhan Mantri Jan Dhan Yojana (PMJDY) launched?
The PMJDY scheme was launched on August 28, 2014.
10. How has the PMJDY scheme impacted the financial landscape of the country?
The PMJDY scheme has significantly changed the financial landscape of India by ensuring near saturation in bank account coverage for adults. It has brought millions of previously unbanked individuals into the formal banking system.
11. What advantages does the PMJDY scheme offer to account holders?
The PMJDY scheme offers several advantages to account holders, including a bank account without the requirement of a minimum balance, free RuPay debit cards with accident insurance coverage, and an overdraft facility of up to Rs 10,000.
12. What factors have contributed to the success of PMJDY?
The success of PMJDY can be attributed to its comprehensive nature, which aims to connect the last mile with the formal banking system through technology, collaboration, and innovation. The scheme has focused on bridging the gap between the unbanked population and banking services.
