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Jan Dhan scheme has revolutionised financial inclusion, says FM Nirmala Sitharaman Finance Minister Nirmala Sitharaman on Monday said that the Pradhan Mantri Jan Dhan Yojana (PMJDY) has revolutionised financial inclusion. Speaking on the occasion of completion of nine years of the scheme, she said, “The nine years of PMJDY-led interventions and digital transformation have revolutionised financial inclusion in India. It is heartening to note that more than 50 crore people have been brought into the formal banking system through the opening of Jan Dhan Accounts."...
Jan Dhan scheme has revolutionised financial inclusion, says FM Nirmala Sitharaman
Jan Dhan scheme has revolutionised financial inclusion, says FM Nirmala Sitharaman
Source: IANS
28/08/2023 11:21:57 AM
Gujarat: 11.56L houses constructed under Pradhan Mantri Awas Yojana A total of 11.56 lakh houses have been constructed in Gujarat under the housing scheme of the Central government, Pradhan Mantri Awas Yojana, an official said on Saturday. The urban component of the Pradhan Mantri Awas Yojana has seen the construction of a total of 7.50 lakh houses, while the rural component has seen the construction of more than 4.06 lakh houses. The scheme was launched by Prime Minister Narendra Modi in 2015 to provide affordable housing for the urban poor and middle-...
Gujarat: 11.56L houses constructed under Pradhan Mantri Awas Yojana
Gujarat: 11.56L houses constructed under Pradhan Mantri Awas Yojana
Source: IANS
7/05/2023 9:36:55 AM
West Bengal government to conduct audit to identify irregularities in PMAY scheme In wake of the rising complaints of irregularities and the Centre holding back funds under the Pradhan Mantri Awas Yojana (PMAY), the West Bengal government has taken a decision to voluntarily conduct an audit of the implementation of the scheme in the state during the 2022-23 financial year. State government sources said the audit will be conducted in 345 blocks across West Bengal. "In order to make the process transparent, any CAG-approved audit entity will be entrusted to conduc...
West Bengal government to conduct audit to identify irregularities in PMAY scheme
West Bengal government to conduct audit to identify irregularities in PMAY scheme
Source: IANS
29/04/2023 12:22:20 PM
Business correspondent as extended arm of banks needs to be strengthened The Business Correspondent (BC) have played a significant role in driving financial inclusion to the last mile in India -- be it Jan Dhan Yojana, Benefit Schemes/Payments or Covid-19 cash relief. According to a report, there is a need to significantly expand the scope of digital financial services and address key challenges to make the industry self-reliant, more efficient, effective and impactful. Grameen Foundation India (GFI) and the Business Correspondent Federation of India (BCFI) ...
Business correspondent as extended arm of banks needs to be strengthened
Business correspondent as extended arm of banks needs to be strengthened
Source: IANS
6/04/2023 9:42:53 AM
Assam government approves 3 lakh houses under PMAY-G scheme Under the Centre's flagship Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) initiative, the Assam government has approved more than three lakh houses, an official said on Thursday. The Union Ministry of Rural Development has given Assam a target of 3,31,193 units under the scheme, according to Panchayat and Rural Development Minister Ranjeet Kumar Dass. "In the previous week, the Assam Panchayat and Rural Development Department has been able to sanction 3,04,218 dwellings to the be...
Assam government approves 3 lakh houses under PMAY-G scheme
Assam government approves 3 lakh houses under PMAY-G scheme
Source: IANS
12/01/2023 3:42:58 PM
Budget for development of tribals raised to Rs 88,000 cr from Rs 21,000 cr: Prime Minister Narendra Modi Prime Minister Narendra Modi said on Sunday that the budget for the all-round development and welfare of the tribals has been increased to Rs 88,000 crore from the earlier 21,000 crore. Addressing a rally at the Swami Vivekananda ground in Agartala, Modi said that over 50,000 Van Dhan Kendras is functioning across the country, providing livelihood to 9 lakh tribals. "As the BJP governments have taken a series of welfare measures for the tribals, their first choice is the BJP. After...
Budget for development of tribals raised to Rs 88,000 cr from Rs 21,000 cr: Prime Minister Narendra Modi
Budget for development of tribals raised to Rs 88,000 cr from Rs 21,000 cr: Prime Minister Narendra Modi
Source: IANS
19/12/2022 9:35:01 AM
Financial inclusion major step towards inclusive growth: FM Nirmala Sitharaman Finance Minister Nirmala Sitharaman has said that financial inclusion is a major step towards inclusive growth which ensures the overall economic development of the marginalised sections of the society. She said the success of the Pradhan Mantri Jan Dhan Yojana (PMJDY) since August 28, 2014 is reflected in terms of opening of over 46 crore bank accounts with deposit balance of Rs 1.74 lakh crore with its expanded coverage to 67 per cent rural or semi-urban areas as well as 56 per cent of wome...
Financial inclusion major step towards inclusive growth: FM Nirmala Sitharaman
Financial inclusion major step towards inclusive growth: FM Nirmala Sitharaman
Source: Accord Fintech
29/08/2022 12:29:19 PM
Minister agrees to allocate 8 lakh houses to Odisha under PMAY Union Minister for Rural Development and Panchayati Raj, Giriraj Singh has agreed to allocate additional 8 lakh houses to Odisha under PMAY scheme. This was decided at a meeting held between Singh and Odisha Panchayati Raj & Drinking Water Minister Pradip Kumar Amat in presence of Union Education Minister Dharmendra Pradhan in the national capital on Thursday. Issues related to implementation of the Pradhan Mantri Awas Yojana (Gramin) in the state have been resolved at the meeting. ...
Minister agrees to allocate 8 lakh houses to Odisha under PMAY
Minister agrees to allocate 8 lakh houses to Odisha under PMAY
Source: IANS
12/08/2022 11:51:08 AM
Cabinet approves continuation of 'Housing for All' Mission up to 2024 The Union Cabinet, chaired by the Prime Minister Narendra Modi, on Wednesday approved the continuation of the government's flagship housing scheme Pradhan Mantri Awas Yojana-Urban (PMAY-U) till 2024. The Cabinet gave its nod to the proposal of Ministry of Housing and Urban Affairs (MoHUA) wherein financial assistance is to be provided for the completion of already sanctioned 122.69 lakh houses till March 31, 2022. 'Housing for All' is one of the major flagship programmes bei...
Cabinet approves continuation of 'Housing for All' Mission up to 2024
Cabinet approves continuation of 'Housing for All' Mission up to 2024
Source: IANS
11/08/2022 9:48:22 AM
Government extends helping hand to poor by building houses for them In order to provide the under-priviledged better living conditions, the central government initiated with the PM Awas Yojana in 2014. Under the scheme, more than 2.32 crore pucca (concrete) houses have been completed till March 24 this year. People who had believed that life would now pass on pavements and huts, the government itself handed over the keys of the houses to these families. These houses consist of all the amenities including toilets, electricity connection under the Saubhagya ...
Government extends helping hand to poor by building houses for them
Government extends helping hand to poor by building houses for them
Source: IANS
13/05/2022 8:43:20 AM
Indian government extends helping hands to poor people by building houses for them In order to provide the under-priviledged better living conditions, the Indian government initiated the PM Awas Yojana in 2014. Under it, till March 24, 2022, more than 2 crores 32 lakh pucca (concrete) houses have been completed. People who had believed that life would now pass on pavements and huts, the government itself handed over the keys of the houses to these families. These houses consist of all the amenities including toilets, electricity connection under the Saubhagya scheme, LED...
Indian government extends helping hands to poor people by building houses for them
Indian government extends helping hands to poor people by building houses for them
Source: IANS
12/05/2022 10:27:25 AM
Cabinet approves continuation of Pradhan Mantri Awaas Yojana (Rural) for another three years The Union Cabinet has approved the continuation of Pradhan Mantri Awaas Yojana (Rural) for another three years to provide financial assistance for the construction of the remaining 155.75 lakh houses under the scheme. The scheme has been extended beyond March 2021, and till March 31, 2024. The total target is to construct 2.95 crore 'pucca' houses. The total financial implication for construction of the remaining 155.75 lakh houses is Rs 2,17,257 crore, with a central share of...
Cabinet approves continuation of Pradhan Mantri Awaas Yojana (Rural) for another three years
Cabinet approves continuation of Pradhan Mantri Awaas Yojana (Rural) for another three years
Source: Accord Fintech
9/12/2021 10:06:16 AM
Metro rail projects, RERA to be studied by Parl panel Implementation of metro rail projects, the Smart Cities Mission, the Pradhan Mantri Awas Yojana (Urban) and implementation of The Real Estate (Regulation & Development) Act, 2016 (RERA) are some of the subjects that have been selected by the Lok Sabha's Department Related Standing Committee of the Urban Development Ministry. Apart from the above subjects, the Standing Committee will examine and report during the term 2021-22 on improving the standard and quality of living in urban ...
Metro rail projects, RERA to be studied by Parl panel
Metro rail projects, RERA to be studied by Parl panel
Source: IANS
3/11/2021 3:39:57 PM
Government to further strengthen Jan-Dhan Yojana as it completes 7 years of implementation Government proposes to further strengthen its national mission on financial inclusion under the Pradhan Mantri Jan-Dhan Yojana (PMJDY) by extending facilities for micro insurance including life and accident cover for all account holders under the scheme. In its eighth year of operation, the Union government is set to further enrich the scheme by bringing account holders under digital transaction platform by including RuPay debit card usage amongst PMJDY accountholders through creation of a...
Government to further strengthen Jan-Dhan Yojana as it completes 7 years of implementation
Government to further strengthen Jan-Dhan Yojana as it completes 7 years of implementation
Source: IANS
28/08/2021 11:47:44 AM
PMAY creates over 1.2 cr employment opportunities so far The Centre's flagship housing programme - Pradhan Mantri Awas Yojana - has created over 1.2 crore employment opportunities, said Grant Thornton Bharat's 'Affordable Housing in India' report. The report cited that these employment opportunities so far were created through forward and backward linkages across 21 sectors. Besides, the report said that these sectors include 250 auxiliary industries like steel, brick kilns, cement, paint, hardware and sanitary amongst others....
PMAY creates over 1.2 cr employment opportunities so far
PMAY creates over 1.2 cr employment opportunities so far
Source: IANS
29/05/2021 5:43:15 PM
Pradhan Mantri Awas Yojana-Gramin`s 92% target achieved in 1st phase: Government The Pradhan Mantri Awas Yojana - Gramin (PMAY-G), a flagship programme of the Central government, has achieved 92 per cent target of its 1st phase i.e. from 2016-17 to 2018-19, said an official statement on Tuesday. The government is confident that all the houses in the Permanent Wait List (PWL) would be completed by the end of Amrut Mahtosava, said the statement by the Ministry of Rural Development. As against the existing Permanent Wait List (PWL) identified using the SECC database of...
Pradhan Mantri Awas Yojana-Gramin`s 92% target achieved in 1st phase: Government
Pradhan Mantri Awas Yojana-Gramin`s 92% target achieved in 1st phase: Government
Source: IANS
7/04/2021 9:23:22 AM