Pradhan Mantri Jan Dhan Yojna: National Mission for Financial Inclusion

D Singh, S Khatoon, A Singh - Social Science Journal …, 2022 - ssjar.singhpublication.com
D Singh, S Khatoon, A Singh
Social Science Journal for Advanced Research, 2022ssjar.singhpublication.com
Financial stability and prosperity for the entire population are hallmarks of a successful
development. The Pradhan Mantri Jan-Dhan Yojana (PMJDY) was launched by the Indian
government to fill in the gaps in existing financial inclusion programmes, which have been in
place since the country's independence. In order to make banking and insurance available
to all of the country's residents, PMJDY has devised a comprehensive financial plan. So, to
find out how successful the district's inclusion process is in rural areas, researchers …
Abstract
Financial stability and prosperity for the entire population are hallmarks of a successful development. The Pradhan Mantri Jan-Dhan Yojana (PMJDY) was launched by the Indian government to fill in the gaps in existing financial inclusion programmes, which have been in place since the country's independence. In order to make banking and insurance available to all of the country's residents, PMJDY has devised a comprehensive financial plan. So, to find out how successful the district's inclusion process is in rural areas, researchers conducted a study. For the study's goals, both primary and secondary data have been acquired. The correlation (r) test can be used to determine the relationship between a person's socioeconomic status and their level of financial inclusion. Findings show that income, access to financial information, and knowledge of PMJDY all play a role in inclusion. The proximity of banks increases the likelihood of inclusion.
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