Pradhan Mantri Jan Dhan Yojana (PMJDY) History, Benefits And Eligibility

What is Pradhan Mantri Jan-Dhan Yojana (PMJDY)?

Pradhan Mantri Jan-Dhan Yojana (PMJDY) is a government program launched in 2014 with the goal of ensuring universal access to banking services.

Pradhan Mantri Jan Dhan Yojana Overview

 

scheme PMJDY – Pradhan Mantri Jan Dhan Yojana
Full-Form
Pradhan Mantri Jan Dhan Yojana
Date of Launch
28th August 2014
Scheme Objective
National Mission on Financial Inclusion to provide universal banking access. – Ensure weaker sections and low-income groups have access to financial services such as deposit accounts, remittance, credit, banking/savings, insurance, and pensions.

Pradhan Mantri Jan Dhan Yojana (PMJDY) Eligibility

Following is the eligibility criteria for opening a PMJDY account:

  • Be a citizen of India
  • Be 10 years of age or above
  • Should not be a bank account holder

Special benefits attached to the scheme are:

  • Interest on deposit in the savings account.
  • Accidental insurance cover of Rs.1,00,000/-.
  • No minimum balance is required. 

(A minimum balance should be maintained to avail the cheque facility)

  • For cash withdrawal from any ATM using Rupay Card, some balance is required to be kept in the account.
  • Rs.30,000/- Life Insurance Cover.
  • Easy money transfers to any part of the country.
  • The Beneficiaries of Govt. Schemes will receive direct Benefit Transfers in these accounts.
  • An overdraft facility will be given, provided that the account holder maintains the account in a good manner for six months.
  • Access to Pension and insurance products
  • For the Accidental Insurance Cover, RuPay Debit Card should be used at least once in forty-five days.
  • Overdraft facility up to Rs.5000/- will be available in only one account per household. Preference will be given to the female account holders. 
  • Account-holders can check their account balance using the mobile banking app.
  • It ensures to provide on CBS(Core Banking System) along with mobile banking using the USSD facilities. Call centre facility and a toll-free number is available nationwide.

Pradhan Mantri Jan Dhan Yojana (PMJDY) History

Pradhan Mantri Jan Dhan Yojana (PMJDY) introduced on August 28, 2014, PMJDY aimed to achieve widespread banking access, aspiring to have at least one basic savings bank account for every household.

The launch of PMJDY was in response to the limited financial inclusion in India at that time, where only 53% of adults had a bank account in 2014. This initiative sought to bridge the gap and offer banking services to all Indians, regardless of their income or social standing. PMJDY incorporated attractive features to encourage account holders.

The scheme experienced tremendous success in its initial years, witnessing the opening of over 200 million new bank accounts within the first year. PMJDY has played a crucial role in enhancing financial literacy in India, contributing to a notable increase in awareness of basic financial concepts, as revealed by a World Bank study.

Important Government Scheme For All Exams

Important Government Scheme 2024

Swachh Bharat Mission

What is Swachh Bharat Mission?

  • To accelerate the efforts to achieve universal sanitation coverage and to put the focus on sanitation, the Prime Minister of India had launched the Swachh Bharat Mission on 2nd October 2014.
  • The major objective of the Swachh Bharat Abhiyan is to spread the awareness of cleanliness and its importance.
  • The concept of Swachh Bharat Abhiyan is to provide basic sanitation facilities like toilets, solid and liquid waste disposal systems, village cleanliness, and a safe and adequate drinking water supply to every person in the country.

Components of the Swachh Bharat Mission:

The Swachh Bharat Mission (SBM) is a nation-wide campaign in India that aims to clean up the streets, roads, and infrastructure of Indian cities, towns, and rural areas. It encompasses various components aimed at achieving its objectives:

  1. Construction of Household Toilets: One of the primary objectives of SBM is to eradicate open defecation by constructing individual household toilets in rural and urban areas. This initiative aims to improve sanitation and promote hygiene practices.
  2. Construction of Community and Public Toilets: In addition to individual household toilets, SBM focuses on constructing community and public toilets in public spaces, markets, bus stands, railway stations, and other areas to ensure access to sanitation facilities for all.
  3. Solid Waste Management: SBM emphasizes proper management of solid waste through segregation, collection, transportation, processing, and disposal. This includes promoting the concept of source segregation of waste into biodegradable and non-biodegradable categories.
  4. Awareness and Behavioral Change: The mission places significant emphasis on creating awareness and promoting behavioral change regarding sanitation and hygiene practices among communities, schools, and other stakeholders. This is achieved through various campaigns, workshops, and educational programs.
  5. Capacity Building and Training: SBM involves capacity building and training programs for various stakeholders, including government officials, sanitation workers, and community members, to effectively implement and sustain sanitation initiatives.
  6. Innovation and Technology: The mission encourages the adoption of innovative technologies and practices to enhance the efficiency and effectiveness of sanitation solutions. This includes the use of technology for monitoring and tracking progress, as well as for implementing innovative solutions for waste management and sanitation.
  7. Public and Private Partnerships: SBM promotes partnerships between the government, private sector, non-governmental organizations (NGOs), and communities to leverage resources, expertise, and networks for the successful implementation of sanitation projects and programs.
  8. Rural and Urban Focus: The mission caters to both rural and urban areas, recognizing the diverse sanitation challenges faced by different regions and populations. Strategies and interventions are tailored to address the specific needs of rural and urban communities.

 Swachh Bharat Mission Objectives:

  • Hygiene and cleanliness should be promoted comprehensively.
  • To reduce the number of people and households who defecate in the open.
  • Raising the standard of living in rural communities.
  • Encourage the use of environmentally appropriate sanitation.
  • To raise public awareness about health and hygiene concerns
  • To assist India in realising the aim of sustainable development.
  • To encourage the use of cost-effective and efficient sanitation solutions.
  • To concentrate on scientific waste management strategies for both solid and liquid waste.
  • To have a positive impact on social inclusion and gender equality.
  1. Financial Allocation: The Government of India has allocated significant financial resources to the Swachh Bharat Mission. Funding is provided for the construction of toilets, solid waste management infrastructure, behavior change communication campaigns, and capacity building activities.
  2. Components: The Swachh Bharat Mission has two main components: Swachh Bharat Mission (Gramin) for rural areas and Swachh Bharat Mission (Urban) for urban areas. Each component has its own set of strategies and targets tailored to the specific challenges faced in rural and urban settings.
  3. Behavior Change Communication: A crucial aspect of the mission is to bring about behavioral change regarding sanitation and cleanliness practices. This involves conducting awareness campaigns, using mass media, engaging with communities through various platforms, and promoting the use of toilets.
  4. Technology and Innovation: The mission encourages the use of technology and innovation to improve sanitation outcomes. This includes the use of mobile apps for monitoring toilet construction, GIS mapping for identifying areas in need of sanitation facilities, and innovative toilet designs to suit local conditions.
  5. Public and Private Partnership: The Swachh Bharat Mission promotes collaboration between the government, private sector, NGOs, and civil society organizations to achieve its objectives. Public-private partnerships are leveraged for the construction and maintenance of sanitation infrastructure, waste management, and behavior change initiatives.
  6. Monitoring and Evaluation: Robust monitoring and evaluation mechanisms are in place to track progress and ensure accountability. Various indicators such as toilet construction, open defecation-free status, waste collection and disposal, and behavioral change are monitored regularly at different levels of administration.
  7. International Recognition: The Swachh Bharat Mission has received recognition from international organizations and governments for its efforts in improving sanitation and hygiene. It has also inspired similar initiatives in other countries facing similar challenges.

Inauguration of India’s First All-Girl Sainik School.A Milestone in Women Empowerment

Inauguration of India’s First All-Girl Sainik School: A Milestone in Women Empowerment

 

Defence Minister Rajnath Singh inaugurated the first all-girl Sainik School in Vrindavan, Mathura district, Uttar Pradesh. This groundbreaking event marks a significant advancement in women empowerment and educational reform in India. The Defence Minister hailed this initiative as a “golden moment in the history of women empowerment.”

About First All-Girls Sainik School at Vrindavan

  • The Indian government has initiated the establishment of 100 new Sainik schools in partnership with NGOs/private/state government schools in all state/union territories, out of which 42 have already been set up.
  • In addition, 33 Sainik Schools already exist under the erstwhile pattern.
  • The first all-girls Sainik School, Samvid Gurukulam Girls Sainik School, was inaugurated with approximately 870 girls will be admitted.
  • This school is a beacon of light for girls who aspire to join the Armed Forces and serve the motherland.
  • The admission of girls to Sainik Schools was approved in 2019 and it was a golden moment in the history of women’s empowerment. Girls are also meant to protect the nation just like their male counterparts. Today, women not only fly fighter jets, but they also secure the borders.

Objectives of Setting Up New Sainik School

  • The vision of setting up 100 new Sainik Schools aims to provide quality education to students by the National Education Policy 2020. 
  • This will offer better career opportunities, including joining the Armed Forces. Additionally, it provides an opportunity for the private sector to work alongside the Government towards nation-building by refining today’s youth into responsible citizens of tomorrow.

About Sainik Schools

  • The Sainik Schools Society (SSS) is registered under the Societies Registration Act XXI of 1860. 
  • In 1961, V. K. Krishna Menon, the Defence Minister of India, established a program to address the regional and class imbalance among Indian Military officers.

Rajnath Singh’s Acknowledgment of Sadhvi Ritambhara

In his address, Defence Minister Rajnath Singh also acknowledged the significant contribution of Hindu nationalist ideologue Sadhvi Ritambhara to the Ram Temple movement. This part of his speech underscored the broader context of cultural and historical significance within the nation.