Jan Dhan Yojana - Revision history

Jyoti: /* State-wise performance */

2025-10-15T16:49:34Z

‎State-wise performance

Jyoti: /* 2014- 2019, March */

2023-09-06T19:00:22Z

‎2014- 2019, March

Jyoti: /* Performance */

2022-05-14T07:43:26Z

‎Performance

Jyoti: /* 2020 */

2021-08-22T08:23:11Z

‎2020

Jyoti: /* Analysis */

2021-08-22T08:21:53Z

‎Analysis

Jyoti: /* 2018: 33.5cr a/cs; ₹85k cr deposits */

2020-10-20T00:11:01Z

‎2018: 33.5cr a/cs; ₹85k cr deposits

Jyoti: /* Aug. 2014- Nov. 2016 */

2019-01-05T07:01:07Z

‎Aug. 2014- Nov. 2016

Jyoti at 08:01, 17 February 2018

2018-02-17T08:01:34Z

Show changes

Jyoti: /* Analysis */

2018-02-16T12:11:31Z

‎Analysis

Jyoti at 05:52, 7 January 2018

2018-01-07T05:52:26Z

@@ Line 221: / Line 221: @@
 =State-wise performance=
 ==Bihar: 2015-20==
 [https://epaper.timesgroup.com/article-share?article=29_04_2022_020_014_cap_TOI  Praveen Kumar, Madnesh Kumar Mishra, Sandeep Kandikuppa, April 29, 2022: ''The Times of India'']
@@ Line 245: / Line 257: @@
 Mishra is former Joint Secretary, Department of Financial Services, GoI. Kandikuppa is Research Fellow at the East-West Centre, Hawaii, US
-[[Category:Economy-Industry-Resources|J JAN DHAN YOJANA
+[[Category:Economy-Industry-Resources|J JAN DHAN YOJANAJAN DHAN YOJANA
 JAN DHAN YOJANA]]
-[[Category:Gender issues|J JAN DHAN YOJANA
+[[Category:Gender issues|J JAN DHAN YOJANAJAN DHAN YOJANA
 JAN DHAN YOJANA]]
-[[Category:Government|J JAN DHAN YOJANA
+[[Category:Government|J JAN DHAN YOJANAJAN DHAN YOJANA
 JAN DHAN YOJANA]]
-[[Category:India|J JAN DHAN YOJANA
+[[Category:India|J JAN DHAN YOJANAJAN DHAN YOJANA
 JAN DHAN YOJANA]]
-[[Category:Pages with broken file links|JAN DHAN YOJANAJAN DHAN YOJANA
+[[Category:Pages with broken file links|JAN DHAN YOJANAJAN DHAN YOJANAJAN DHAN YOJANA
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← Older revision		Revision as of 19:00, 6 September 2023
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	'' Jan Dhan deposits, 2014- 2019, Apr 10 ''		'' Jan Dhan deposits, 2014- 2019, Apr 10 ''

		+	==2015- 2023 August==
		+	[[File: Jan Dhan Yojana accounts, 2015- 2023 August.jpg\|Jan Dhan Yojana accounts, 2015- 2023 August <br/> From: [https://epaper.timesgroup.com/article-share?article=27_08_2023_028_001_cap_TOI August 27, 2023: ''The Times of India'']\|frame\|500px]]
		+
		+	'''See graphic''':
		+
		+	'' Jan Dhan Yojana accounts, 2015- 2023 August ''
		+
		+	[[Category:Economy-Industry-Resources\|J JAN DHAN YOJANAJAN DHAN YOJANA
		+	JAN DHAN YOJANA]]
		+	[[Category:Gender issues\|J JAN DHAN YOJANAJAN DHAN YOJANA
		+	JAN DHAN YOJANA]]
		+	[[Category:Government\|J JAN DHAN YOJANAJAN DHAN YOJANA
		+	JAN DHAN YOJANA]]
		+	[[Category:India\|J JAN DHAN YOJANAJAN DHAN YOJANA
		+	JAN DHAN YOJANA]]
		+	[[Category:Pages with broken file links\|JAN DHAN YOJANAJAN DHAN YOJANAJAN DHAN YOJANA
		+	JAN DHAN YOJANA]]

	=State-wise performance=		=State-wise performance=

@@ Line 202: / Line 202: @@
 '' Jan Dhan deposits, 2014- 2019, Apr 10 ''
 [[Category:Economy-Industry-Resources|J
 JAN DHAN YOJANA]]
-[[Category:Gender issues|J
+[[Category:Gender issues|J JAN DHAN YOJANA
 JAN DHAN YOJANA]]
-[[Category:Government|J
+[[Category:Government|J JAN DHAN YOJANA
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-[[Category:India|J
+[[Category:India|J JAN DHAN YOJANA
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@@ Line 52: / Line 52: @@
 [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2021/08/19&entity=Ar01200&sk=B57EC257&mode=text  August 19, 2021: ''The Times of India'']
-[[File: Where fo women with January Dhan accounts save money (% of respondents), presumably as in 2020.jpg|Where fo women with January Dhan accounts save money (% of respondents), presumably as in 2020 <br/> From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2021/08/19&entity=Ar01200&sk=B57EC257&mode=text  August 19, 2021: ''The Times of India'']|frame|500px]]
+[[File: Where do women with January Dhan accounts save money (% of respondents), presumably as in 2020.jpg|Where do women with January Dhan accounts save money (% of respondents), presumably as in 2020 <br/> From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2021/08/19&entity=Ar01200&sk=B57EC257&mode=text  August 19, 2021: ''The Times of India'']|frame|500px]]
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 [[Category:India|J JAN DHAN YOJANA
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 [[Category:Pages with broken file links|JAN DHAN YOJANA]]
 =Guidelines by RBI=

← Older revision		Revision as of 08:21, 22 August 2021
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	The report has recommended the need to take steps to increase the share of women agents from the present of only 2%, which could give a fillip to the financial inclusion of women. The report is based on a nationwide representative research that covered 3,048 businesses correspondents.		The report has recommended the need to take steps to increase the share of women agents from the present of only 2%, which could give a fillip to the financial inclusion of women. The report is based on a nationwide representative research that covered 3,048 businesses correspondents.
		+
		+	=Gender-wise savings =
		+	==2020==
		+	[https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2021/08/19&entity=Ar01200&sk=B57EC257&mode=text August 19, 2021: ''The Times of India'']
		+
		+	[[File: Where fo women with January Dhan accounts save money (% of respondents), presumably as in 2020.jpg\|Where fo women with January Dhan accounts save money (% of respondents), presumably as in 2020 <br/> From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL/2021/08/19&entity=Ar01200&sk=B57EC257&mode=text August 19, 2021: ''The Times of India'']\|frame\|500px]]
		+
		+
		+	Average balances maintained by women in Jan Dhan Yojana accounts are 30% more than men, according to an industry report. The study, published by Women’s World Banking and Bank of Baroda, estimates that by serving 10 crore lowincome women, public sector banks could attract Rs 25,000 crore in deposits and empower 40 crore low-income Indians.
		+
		+	The report recommends that banks design products for women that allows them to make small deposits and overcome inhibiting factors. To get them to use the accounts, it asks banks to promote awareness and nudge customers. It has called for transforming business correspondents from human ATMs into relationship managers offering rural women all financial products. Finally, it calls upon banks to disaggregate their Jan Dhan account data according to gender.
		+
		+	“We are blessed to have a platform like the Jan Dhan Yojana accounts, which can be the world’s largest women-empowerment opportunity,” said Women’s World Banking executive VP (Asia) Sriraman Jagannathan. According to him, in any other country, a women-empowerment programme would have to be run using a pilot programme. In India, most women already have the Jan Dhan accounts.
		+
		+	Bank of Baroda MD & CEO Sanjiv Chadha said, “A good percentage of women, especially those in the lowincome group, still shy away from realising the full potential of bank accounts. Rather, they still view it only as a channel to receive and withdraw cash. And, therein lies an unutilised opportunity and an untapped potential from banking perspective.”
		+
		+	[[Category:Economy-Industry-Resources\|J JAN DHAN YOJANA
		+	JAN DHAN YOJANA]]
		+	[[Category:Gender issues\|J JAN DHAN YOJANA
		+	JAN DHAN YOJANA]]
		+	[[Category:Government\|J JAN DHAN YOJANA
		+	JAN DHAN YOJANA]]
		+	[[Category:India\|J JAN DHAN YOJANA
		+	JAN DHAN YOJANA]]
		+	[[Category:Pages with broken file links\|JAN DHAN YOJANA]]

	=Guidelines by RBI=		=Guidelines by RBI=

← Older revision		Revision as of 00:11, 20 October 2020
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	Odisha has deposits of Rs 3,759 crore and Gujarat of Rs 3,676 crore, while Assam has Rs 2,969 crore. Chhattisgarh has deposits of Rs Rs 2,619 crore, Haryana of Rs 2,695 crore, Jharkhand Rs 2,668 crore, Karnataka Rs 2,862 crore and Punjab Rs 2,361 crore.		Odisha has deposits of Rs 3,759 crore and Gujarat of Rs 3,676 crore, while Assam has Rs 2,969 crore. Chhattisgarh has deposits of Rs Rs 2,619 crore, Haryana of Rs 2,695 crore, Jharkhand Rs 2,668 crore, Karnataka Rs 2,862 crore and Punjab Rs 2,361 crore.
		+
		+	==2014- 2019, March==
		+	[[File: Jan Dhan deposits, 2014- 2019, Apr 10.jpg\| Jan Dhan deposits, 2014- 2019, Apr 10 <br/> From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL%2F2019%2F04%2F23&entity=Ar01915&sk=D28F66A3&mode=image April 23, 2019: ''The Times of India'']\|frame\|500px]]
		+
		+	'''See graphic''':
		+
		+	'' Jan Dhan deposits, 2014- 2019, Apr 10 ''
		+
		+	[[Category:Economy-Industry-Resources\|J
		+	JAN DHAN YOJANA]]
		+	[[Category:Gender issues\|J
		+	JAN DHAN YOJANA]]
		+	[[Category:Government\|J
		+	JAN DHAN YOJANA]]
		+	[[Category:India\|J
		+	JAN DHAN YOJANA]]

	=Suggestions=		=Suggestions=

← Older revision		Revision as of 07:01, 5 January 2019
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	Overall, our research has shown that a financial inclusion programme like the JDY can have a very meaningful impact on the number of households using formal banking services. Our results also suggest that JDY has led banks to cater to the new demand for formal banking credit by previously unbanked borrowers, which could have a positive impact on the broader economy in the long run.		Overall, our research has shown that a financial inclusion programme like the JDY can have a very meaningful impact on the number of households using formal banking services. Our results also suggest that JDY has led banks to cater to the new demand for formal banking credit by previously unbanked borrowers, which could have a positive impact on the broader economy in the long run.

		+	==2018: 33.5cr a/cs; ₹85k cr deposits==
		+	[https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL%2F2018%2F12%2F30&entity=Ar00912&sk=A983655A&mode=text Jan Dhan a/cs soar to 33.5cr; deposits ₹85k cr, December 30, 2018: ''The Times of India'']
		+
		+	[[File: The Jan Dhan Yojana, as in 2018.jpg\|The Jan Dhan Yojana, as in 2018 <br/> From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL%2F2018%2F12%2F30&entity=Ar00912&sk=A983655A&mode=text Jan Dhan a/cs soar to 33.5cr; deposits ₹85k cr, December 30, 2018: ''The Times of India'']\|frame\|500px]]
		+
		+
		+	''Of Total Accounts, 25.6Cr Are Operative: Govt''
		+
		+	After an initial target of six crore rural and 1.5 crore urban households, the Jan Dhan scheme for the unbanked has touched 33.5 crore accounts of which 25.6 crore are “operative” while the deposits in the accounts add up to a substantial Rs 85,494 crore.
		+
		+	With the government’s focus shifting from “every household” to “every unbanked adult”, the PM Jan Dhan Yojana is offering an enhanced overdraft facility to 65 lakh account holders of which 30 lakh availed of the benefits to draw Rs 340 crore, the government has told Parliament.
		+
		+	The statistics show impressive progress in financial inclusion of “unbanked” less well off households as apart from a steady increase in account holders, some 26 crore RuPay cards have also been issued. Regular credit ensures an overdraft facility and eligibility for credit guarantee fund for micro units.
		+
		+	Going by the norm that accounts must show at least one “customer-induced” transaction in two years to be counted as “active”, around 76% of Jan Dhan accounts are in use. Many of these are used for direct benefis transfers for welfare schemes and overdraft facility is provided to accounts that show regular credit. The limit has been increased from Rs 5,000 to Rs 10,000 and the age limit to claim OD hiked from 60 to 65 years.
		+
		+	There are, as on December 12, 2018, some 19.6 crore rural and semi-urban beneficiaries and 13.6 crore urban-metro account holders, the ministry of finance told nominated Anglo-Indian MP George Baker and BJP MP Varun Gandhi.
		+
		+	The details provided by the ministry show that UP, with its large population, expectedly has the highest number of 5.2 crore accounts and deposits of Rs 14,882 crore, West Bengal has deposits of Rs 11,470 crore. Bihar is next with deposits of Rs 8,417 crore, Rajasthan with Rs 6,360 crore and Maharashtra and Madhya Pradesh with Rs 5,035 crore and Rs 4,325 crore.
		+
		+	Among larger states that seem to be lagging, Jammu and Kashmir has only 20,40,248 beneficiaries and Tamil Nadu has 93,17,460 account holders. Andhra Pradesh has 92 lakh accounts but only Rs 1,628 crore in deposits.
		+
		+	Odisha has deposits of Rs 3,759 crore and Gujarat of Rs 3,676 crore, while Assam has Rs 2,969 crore. Chhattisgarh has deposits of Rs Rs 2,619 crore, Haryana of Rs 2,695 crore, Jharkhand Rs 2,668 crore, Karnataka Rs 2,862 crore and Punjab Rs 2,361 crore.

	=Suggestions=		=Suggestions=

← Older revision		Revision as of 12:11, 16 February 2018
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	Some adults declined to get an account as they were unable to afford the fees for maintaining and using an account, or think the fees are not worth it. Yet 40 % of adults cited lack of trust in financial institutions as reason for not opening an account.		Some adults declined to get an account as they were unable to afford the fees for maintaining and using an account, or think the fees are not worth it. Yet 40 % of adults cited lack of trust in financial institutions as reason for not opening an account.
		+
		+	==2017: Women hold over 50% of Jan Dhan a/cs==
		+	[https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL%2F2018%2F02%2F15&entity=Ar01410&sk=97ED2581&mode=text February 15, 2018: ''The Times of India'']
		+
		+	[[File: Bank agents' services, 2015 and 2017.jpg\|Bank agents' services, 2015 and 2017 <br/> From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL%2F2018%2F02%2F15&entity=Ar01410&sk=97ED2581&mode=text February 15, 2018: ''The Times of India'']\|frame\|500px]]
		+
		+
		+	In what marks a boost for financial inclusion, more than half of PM Jan Dhan Yojna account-holders are women and they are also carrying out transactions rather than merely opening accounts, a sample survey by a financial inclusion consulting firm has indicated.
		+
		+	The “State of the Agent Network 2017” report released by Microsave on Wednesday found that there has been a more than 200% increase in volumes of cashin, cash-out between 2015 and 2017. The Modi government’s drive to encourage opening of these accounts was to offer banking services to the poor for more reliable transfer of government benefits and to enable the less well off to avail credit or loans.
		+
		+	The transactions are increasing as the bank agents or business correspondents offer more products and services such as linking of Aadhaar to bank accounts, insurance registration and balance inquiry. Moreover, government-to-people payments such as direct transfer of cash, has led to increase in transactions. Aadhar linkage and mobile use are key elements in the inclusion scheme.
		+
		+	Banks appoint entities and individuals as agents for providing basic banking services in remote areas where they can’t practically start a branch.
		+
		+	Releasing the agent network report, chief economic advisor Arvind Subramanian said while India has made a lot of progress on the financial inclusion front, gaps remain. “You have gas cylinders but you need consistent gas offtake; you have bank accounts but you need to make genuine inclusion; your toilets are built, but are they used? I think that’s the next stage we need to work on....That is why, the banking correspondents story needs more work,” he said.
		+
		+	The report has recommended the need to take steps to increase the share of women agents from the present of only 2%, which could give a fillip to the financial inclusion of women. The report is based on a nationwide representative research that covered 3,048 businesses correspondents.

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 [[Category:Economy-Industry-Resources |J ]]
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 =Performance=