BLS E-Services Honored for Advancing Women’s Empowerment at Grass Route Level
#BLSEservices #WomensEmpowerment #FinancialInclusion #ETWomenConclave2025 #ShikharAggarwal #DigitalServices #RuralDevelopment #SocialImpact #PMJDY #BCSakhi #TechnologyEnabledServices #DigitalIndia #UnderservedCommunities #InclusiveGrowth #CustomerService #DigitalDivide #B2B #B2C #Microfinance #MicroInsurance #DirectBenefitTransfer #AgriLoans #RevenueServices #CropInsurance #TycoonWorld
https://tycoonworld.in/bls-e-services-honored-for-advancing-womens-empowerment-at-grass-route-level/
New Delhi, Dec 15 (SocialNews.XYZ) More than 21 crore people have benefited under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) scheme that provides life insurance coverage, said the Ministry of Finance.
The PMJJBY, launched in May 2015 is a term life insurance plan. Under this scheme, in case of death due to any reason, the family of the insured gets Rs 2 lakh.
“Pradhan Mantri Jeevan Jyoti Bima Yojana #PMJJBY has provided Rs 2 lakh life insurance coverage to over 21 crore beneficiaries, ensuring financial security for families in times of uncertainty,” the Ministry said in a post on social media platform X.
It added that till October 20, the scheme saw a cumulative enrolment of 21.67 crore. On the other hand, the cumulative number of claims stood at 860,575, worth Rs 17,211.50.
People aged 18-50 years with an individual bank or a post office account can enrol under the scheme. It provides a life cover of Rs 2 lakh in case of death due to any reason against a premium of Rs 436 per annum.
Meanwhile, the Finance Ministry also provided the financial review of the year 2024 regarding other schemes like the Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jan Dhan Yojana (PMJDY).
Under the PMSBY scheme that provides Rs 2 lakh for accident insurance coverage, nearly 48 crore individuals have enrolled, the ministry said.
The PMSBY has seen a cumulative enrolment of 47.59 crore, while the cumulative number of claims received stood at 193,964, as of November 20. As per the official figures, the cumulative number of claims disbursed stood at 147,641.
“Nearly 48 crore individuals have enrolled in Rs 2 lakh accident insurance coverage through the Pradhan Mantri Suraksha Bima Yojana,” the ministry said on X.
The PMJDY has attracted more than 54 crore beneficiaries, and the number of total PMJDY accounts was 53.13 crore, till August 14, the ministry noted.
“With more than 54 crore beneficiaries, Pradhan Mantri Jan Dhan Yojana #PMJDY has become a cornerstone of #FinancialInclusion, empowering unbanked citizens nationwide,” the ministry posted.
Further, the ministry stated that about 55.6 per cent (29.56 crore) Jan-Dhan account holders are women and 66.6 per cent (35.37 crore) Jan-Dhan accounts are in rural and semi-urban areas.
As per the ministry, total deposit balances under PMJDY accounts are Rs 2,31,236 crore. The deposits have increased about 15 times with an increase in accounts of 3.6 times as of Aug 15, 2024.
Source: IANS
Pradhan Mantri Jan Dhan Yojana completed 10 years on Wednesday. How successful has it been in improving financial inclusion in India? What has been its major achievements? And has it helped with the issue of slow growth in bank deposits? Today's Number Theory explores these questions in detail.
Read on HT app: https://www.hindustantimes.com/editors-pick/number-theory-four-charts-which-capture-10-years-of-jan-dhan-yojana-101724815156767.html
#MastIndia #India #Economics #Banking #PMJDY #FinancialInclusion #Data #dataviz @mastodonindians
Pradhan Mantri Jan Dhan Yojana (PMJDY), achieved a significant milestone as the number of bank accounts under the scheme crossed 500 million in August
#PMJDY #PradhanMantri #JanDhanYojana
https://www.ganganews.com/india/pmjdy-crosses-500-million-bank-accounts/
How An Aadhaar Fraud Forces The Poor Into Paying For Welfare Schemes They Do Not Want
Across India, banks are enrolling account-holders in social security schemes without their assent. Kiosk operators or banks’ business correspondents deceitfully obtain customers’ fingerprints for authentication via the Aadhaar-enabled Payment System, thus imposing the Narendra Modi government’s welfare schemes on the rural poor. Kiosk operators allege that banks pressurise them to enrol customers, by hook or crook, in the government’s life insurance, accident insurance and pension schemes.
#aadhaar #UID #identification #exclusion #DigitalDivide #welfare #poverty #privacy #banking #biometrics #security #PMJDY #PMSBY #governance #AEPS #UIDAI #MGNREGA #employment #UnionGovt #india
A joint effort between lawyers, journalists, and academics, Article14 provides intensive research and reportage, data and varied perspectives on issues necessary to safeguard democracy and the rule of law.
#Aadhaar enabled #UPI onboarding now live on #PhonePe
#CashlessConsumer cautions of heightened fraud particularly those with #PMJDY accounts
According to PhonePe, it is the first UPI TPAP (third-party application providers) App to roll out the Aadhaar-based UPI onboarding flow that will now enable several crore Indians to become a part of the UPI ecosystem, seamlessly and securely for the first time.
#Aadhaar enabled #UPI onboarding now live on #PhonePe
#CashlessConsumer cautions of heightened fraud particularly those with #PMJDY accounts
According to PhonePe, it is the first UPI TPAP (third-party application providers) App to roll out the Aadhaar-based UPI onboarding flow that will now enable several crore Indians to become a part of the UPI ecosystem, seamlessly and securely for the first time.
#PMJDY is looting from the poor. #FinancialInclusion
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RT @bsindia
#SBI is yet to return Rs 164 crore of undue fee charged from the account holders of Pradhan Mantri Jan Dhan Yojana (PMJDY) towards digital payments during April 2017 and December 2019, a report said
https://mybs.in/2Zj4A7S
https://twitter.com/bsindia/status/1462358876892786690
Mathrubhumi English
Dr kalpana saini
Tycoon World
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Sreedev Krishnakumar
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Srikanth ஸ்ரீகாந்த்
Cashless Consumer