Social Justice and disadvantaged

Economic and social issues(Phase-I/II)

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Indian Economy - Understanding the basics of Indian economic system

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'Pradhan Mantri Jan-Dhan Yojana' has been launched for-

providing housing loan to poor people at cheaper interest rates.

promoting women's Self-Help Groups in backward areas

promoting financial inclusion in the country

providing financial help to the marginalized communities

Explanation:

Pradhan Mantri Jan Dhan Yojana seeks to integrate the poorest of the poor with bank accounts.All bank accounts opened under the scheme are to have an overdraft facility of Rs 5,000 for Aadhar-linked accounts after satisfactory operation in the account for 6 months. It porvide Issuance of RuPay Debit Card with inbuilt Rs 1 lakh personal accident insurance and a life cover of Rs 30,000 provided by LIC.

By: Abhipedia

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