India, July 21 -- The Government of India has issued a release:
With the objective of promoting financial inclusion and facilitating access to banking, credit and insurance services for all sections of society, including marginalized and underserved communities, the Government launched the National Mission for Financial Inclusion (NMFI), namely, Pradhan Mantri Jan Dhan Yojana (PMJDY) in August, 2014 to provide universal banking services for every unbanked household based on the guiding principles of banking the unbanked, securing the unsecured and funding the unfunded.
The coverage of beneficiaries through various schemes under NMFI are briefed as under:
This information was given by the Minister of State in the Ministry of Finance Shri Pankaj Chaudhary in a written reply to a question in Rajya Sabha today.
Disclaimer: Curated by HT Syndication.
