Page 55 - NIS - English,16-30 September,2022

Sankalp Yatra of New India Cover Story

PM JAN DHAN YOJANA: FINANCIAL SECURITY ASSURED

Even after 68 years of 58

independence, 68 percent
of the country's population

was away from banking
facilities. They had neither

any source of savings nor any
source of institutional credit.

Subsidies sent in the name
of government aid were in

the form of cash, which often
resulted in corruption.

On 15 August 2014, Prime Minister Narendra In March 2015, the number of Jan Dhan
n n
Modi announced the Jan Dhan Yojana, the accounts was 15 crore and now 46.25 crore
world's largest economic empowerment beneficiaries have deposited money in banks.
program from the ramparts of the Red Fort. n An amount of Rs 173,954.07 crore is deposited
While formally launching the program on 28 in these accounts. A total of 1.26 lakh Bank
August 2014, the Prime Minister termed the Mitras are providing branchless banking
occasion "the festival of freedom of the poor services in the sub-service areas.
from the vicious cycle". n An estimated 1.5 crore bank accounts were
In this world's largest program of financial opened across the country on 18 August
n
inclusion, the account was opened with zero 2014. The opening of so many bank accounts
balance for the first time. More than 55 percent in a single day is an unprecedented record in
of account holders of the scheme are women. economic history.
INTERVIEW PROCESS FOR NON-GAZETTED POSTS ABOLISHED

Most Union Territories and
n
state governments have also
eliminated interviews for junior
59 level positions.

n The physical and skill tests
continued.
On Independence Day 2015, the request made to the state and n In the case of specific
central government machinery from the Red Fort ramparts, terming positions, if any department or
the interviews in lower grade jobs as a source of corruption, had ministry considers a special
an impact. The central government abolished interviews for Group interview to be mandatory, no
'B' (Non-Gazetted) and equivalent posts, as well as Groups' D' and objection from the Department
'C' in the ministeries, government departments, and public sector of Personnel and Training is
undertakings from January 1, 2016. required.

New India Samachar September 16-30, 2022 53