Essay on Jan Dhan Yojana in English

In this article you will find Essay, Paragraph, Article on Jan Dhan Yojana for nursery essay, lkg essay, ukg essay, first class essay, second class essay and more. Essay of 100, 200, 400 & 700 words for child students in Very Simple & Easy Words.

100 Words – Essay on Jan Dhan Yojana for Kids & Students in Very Easy Words

The program of Pradhan Mantri Jan Dhan Yojana has been started by the government keeping in mind the poor. It was announced on 15 August 2014 and began on 28 August 2014. Under this scheme, all families have an account opened in the bank and insured up to one lakh. In this, people have been given a rupee card which works like an ATM. To make the people of the village comfortable towards the banks, this scheme has been started to increase their thinking and confidence in savings. With this, poor people will also get loans easily and their lifestyle will be improved.

200 Words – Essay on Jan Dhan Yojana for Kids & Students in Very Easy Words

Pradhan Mantri Jan Dhan Yojana is a scheme in which every family will have an account in the bank and up to one lakh has been insured. It was announced by Narendra Modi on 15 August 2014 and started on 28 August 2014. Its main objective is to help the poor and at the same time make them comfortable with banks. This is the first scheme of the government, whose benefits will be equal to the people living in both the village and the city, otherwise all the facilities provided by the government were limited to the cities.

To open an account under this scheme, you must be a citizen of India. You can take a lawn of Rs 5000 after 6 months of opening an account. The government has also given rupee card which is used like ATM. Due to this scheme people have got rid of high rate of interest of moneylenders. A sense of confidence and savings has arisen among the poor. The minimum amount for this account is zero. This scheme is very welfare for the development of small town and village people and has proved to be successful as well. People’s lifestyles have improved.

400 Words – Essay on Jan Dhan Yojana for Kids & Students in Very Easy Words

Since Modi government came to power, many works have been done to strengthen the economic condition of the country and for the development of the country. Keeping in mind the poor, the government announced on 15 August 2014 that all families must have an account in the bank to connect them to the bank and it started on 24 August 2014. Under this, people’s accounts are opened and insurance up to one lakh is also done.

A large part of India is the rural poor people and farmers. Until they develop, the country will not be able to move forward. The scheme was started to provide bank facilities to the villagers, to instill confidence in them and to create awareness about banks. Villagers are deprived of the facilities provided by the government as all the facilities were limited to the cities. This is the first scheme that will benefit both the village and the city.

Rules for opening accounts under Pradhan Mantri Jan Dhan Yojana-

1. You must be a citizen of India.
2. If you do not have proof of being a citizen of India, an account will be opened at law risk. In which you will have to give any proof to the bank in a year.
3. The account of children of ten years old can also be opened.
4. You can get your ordinary account transferred to Pradhan Mantri Jan Dhan account.

Benefits of Pradhan Mantri Jan Dhan Yojana-

The poor have benefited a lot from this scheme. Those people have also been able to connect with the facilities of the bank, which were previously inaccessible to them and were uncomfortable with the banks.

Following benefits of Pradhan Mantri Jan Dhan Yojana-

1. Under this, people’s accounts are opened and insurance of one lakh is also done.
2. After 6 months of opening the account, people can take up to 5000 lawns so that they can avoid high rate of interest of moneylenders.
3. People have also been given a rupee card which they can use atm. Can be used as


Minimum amount of account opening under Pradhan Mantri Jan Dhan Yojana is zero. Poor people have also developed due to Jan Dhan Yojana. Backward villages are also progressing now. The lifestyle of poor people has improved a lot. If the bank works smoothly then the economy of the people and the country will improve. Pradhan Mantri Jan Dhan Yojana is a welfare scheme.

700 Words – Essay on Jan Dhan Yojana for Kids & Students in Very Easy Words

Democracy gives every person the right to basic needs and access to institutional and economic reforms. The Hon’ble Prime Minister, Shri Narendra Modi, in his first Independence Day in May 2014, announced in the speech of the newly elected government that a discussion was created among all the people of democratic India.

As a step to include India’s poor population, Prime Minister Modi launched the Pradhan Mantri Jan Dhan Yojana on August 28, 2014 to provide access to financial services such as banking, savings and deposit accounts. It can be said that there are two sides to the introduction of the scheme. First, it gave backward people, who had inaccessible banks, the belief that the decision to expose Modi was a risk that was paid. And, it brought in Rs 384.11 billion to the financial services sector as of June 1,2016, giving a positive indication of the decline in the banking department.

The scheme is run by the Department of Financial Services, Ministry of Finance, and around 1.5 crore bank accounts were opened on the inauguration day. The Guinness Book of World Records acknowledges this achievement and honors a certificate of creating a world record, saying “open the most bank accounts in 1 week as part of a financial inclusion campaign”. During the week, 23–29 August 2014; 18,096,130 accounts were opened.

For the formal launch of the scheme, the Prime Minister sent the presidents of all public sector banks to personally enroll more than 7.5 crore households and open their bank accounts. In his email he explicitly declared that a bank account is a “national priority” for each household. The scheme has been launched with the goal of providing ‘universal and clear banking facilities’ starting with “Basic Banking Accounts” with overdraft facility. After six months with inbuilt accident insurance cover of Rs 5,000 and Rupu debit card ₹ 1 lakh and Rupe Kisan card. In the next phase, small insurance and pension etc. will also be added.

Celebrating the response of the people, the Prime Minister said, “Today we celebrate as Financial Independence Day.” Moving forward on the performance of this scheme, people took a large number of steps towards financial independence and opened under a heavy scheme The number of accounts accessed reached 219 million (including 57 million zero balance accounts) as of 18 May 2016. The amount of deposits increased to 380.47 billion as of April 2016. 19 lakh households have availed 2.56 overdraft facility till May 2016 billion. Bihar and West Bengal have received 29% of the total deposits under the scheme, while Kerala and Goa have become the first states in the country to provide a basic bank account in every household.

But, but, since enemies always become enemies and politics can never stop in our country! The initiative criticized the opposition. He felt that this was an attempt to appease the efforts which have created unnecessary workload on public sector banks. The opposition did not feel necessary especially bank accounts and financial security for the poor. Furthermore, these accounts have not yet added substantial profits to PSU banks. According to experts, the offer of zero balance, free insurance and overdraft facility will be in duplicate form. Many individuals who already have bank accounts may have created accounts for themselves, lured by insurance cover and overdraft facilities. According to this scheme, very few people are eligible to get life insurance of Rs 30,000 with a validity of just five years. The claimed overdraft facility is left entirely to the banks. According to the government notice, only those people who have a record of transactions satisfactory and economically will get the overdraft facility.

To this conclusion, in my opinion, the news of the Central Government which is not new anymore, especially our Prime Minister, is making extra efforts for the betterment of this country and I think that like the time given to the critics They should give it. For the previous governments where there have been no really big events, the Prime Minister has put it directly into the money to prevent corruption and money leaks and the welfare of the people and I think this is a tough effort when times are tough, economy. Not very strong, people are normal with corrupt people practices instead of working to improve this country, that’s why I want to join hands with the people of this country and To create a better place India and Modi urge to give incentives to help their dreams.

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