https://www.taxtmi.com/news?id=13870 Pradhan Mantri Jan Dhan Yojana (PMJDY) expanded household access to formal banking by targeting households across rural and urban areas, using coordinated bank-led account opening camps, Aadhaar enrolment and financial literacy activities, and by establishing fixed-point Business Correspondents to provide universal access. The scheme issued interoperable Rupay cards and promoted Aadhaar-enabled transactions to support digital payments, linked insurance coverage to accounts, and integrated Direct Benefit Transfer mechanisms to channel subsidies and other entitlements directly into beneficiary accounts, reducing intermediary layers. en-us Tue, 20 Jan 2015 18:00:55 +0530 Tue, 20 Jan 2015 18:00:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13870 Pradhan Mantri Jan Dhan Yojana (PMJDY) expanded household access to formal banking by targeting households across rural and urban areas, using coordinated bank-led account opening camps, Aadhaar enrolment and financial literacy activities, and by establishing fixed-point Business Correspondents to provide universal access. The scheme issued interoperable Rupay cards and promoted Aadhaar-enabled transactions to support digital payments, linked insurance coverage to accounts, and integrated Direct Benefit Transfer mechanisms to channel subsidies and other entitlements directly into beneficiary accounts, reducing intermediary layers. News - Tue, 20 Jan 2015 18:00:55 +0530 https://www.taxtmi.com/news?id=13870