FINANCIAL INCLUSION FOR COMMON MAN A CONCEPTUAL STUDY WITH RESPECT TO PRADHAN MANTRI JAN-DHAN YOJANA PMJDY- INDIA

Abstract

The Financial differences at various levels of poor and rich people is going to create a great social injustice and social problem in future . The Financial equality at all levels of people will give the balance growth to the economy. The Authors have studied the above topic in detail for the benefit of the country as whole. The basic concepts related with the financial inclusion are explained briefly . The readers will be getting the awareness about the gap between rich and poor and possible solutions for the same can be implemented through above schemes and proper financial discipline can be maintained in the country.

Financial Inclusion is delivering of Financial Services at affordable costs to   sections of disadvantaged & low income segments of society. Financial inclusion leads to huge economic growth through reducing poverty level in country. Pradhan Mantri Jan Dhana Yojana ,The Mission for Financial Inclusion is an integrated approach for providing banking , insurance and pension funds etc.• Financial Literacy Program :-Financial literacy would be an integral part of the Mission in order to let the beneficiaries make best use of the financial services being made available to them.