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Pradhan Mantri Jan Dhan Yojna

Launched on 28 August 2014, the Pradhan Mantri Jan Dhan Yojana (PMJDY), is financial inclusion program of the government applicable to those aged between 10 and 65. It aims to expand and make affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions. Run by the Department of Financial Services, Ministry of Finance, under this scheme 15 million bank accounts were opened on the inauguration day itself. By June 27, 2018, over 318 million bank accounts were opened and over ₹792 billion (US$12 billion) were deposited under the scheme.

Government schemes you must know about

Since taking over the governance of the nation in 2014, the Bharatiya Janata Party has made several efforts towards the cause of Indian citizens, specially for those who belong to the lower economic strata.

However, there is not much awareness of these beneficial government schemes in the country.

Here’s a compilation of the many schemes run by the Modi government which might be beneficial to you.

Source: Wikipedia, Govt Websites,