"Recently, the Government of India launched Jan-Dhan Yojana." In the light of the given statement, discuss briefly the objectives of this scheme. "The Government of India has taken various measures to align the agricultural marketing system with the growing production activities in the rural areas." Do you agree with the given statement ? Give any two valid reasons in support of your answer.

Question

Accepted Answer

Jan-Dhan Yojana objectives:

1. Universal banking access
2. Financial inclusion
3. Direct benefit transfer
4. Insurance coverage
5. Pension benefits

Key features:
1. Zero balance accounts
2. RuPay debit card
3. Overdraft facility
4. Life insurance cover
5. Accidental insurance

Impact:
1. Over 50 crore accounts opened
2. Increased banking access
3. Reduced financial exclusion
4. Enabled welfare scheme delivery
5. Promoted digital payments

Jan-Dhan Yojana has been instrumental in financial inclusion and rural development in India.