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Jan Dhan Yojana
Pradhan Mantri Jan Dhan Yojana () is a financial inclusion program of the Government of India open to Indian citizens (minors of age 10 and older can also open an account with a guardian to manage it), that aims to expand affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions. This financial inclusion campaign was launched by the Prime Minister of India Narendra Modi on 28 August 2014. He had announced this scheme on his first Independence Day speech on 15 August 2014. Run by Department of Financial Services, Ministry of Finance, under this scheme 15 million bank accounts were opened on inauguration day. The Guinness Book of World Records recognized this achievement, stating: "The most bank accounts opened in one week as a part of the financial inclusion campaign is 18,096,130 and was achieved by the Government of India from August 23 to 29, 2014". By 27 June 2018, over 318 million bank accounts were opened and over ₹792 bil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
India
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since 2023; and, since its independence in 1947, the world's most populous democracy. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is near Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations averag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Economic Times
''The Economic Times'' is an Indian English-language business-focused daily newspaper. Owned by The Times Group, ''The Economic Times'' began publication in 1961 and it is sold in all major cities in India. As of 2012, it is the world's second-most widely read English-language business newspaper, after ''The Wall Street Journal'', with a daily readership of over 800,000. According to the Audit Bureau of Circulations (India), Audit Bureau of Circulations, the newspaper's Print circulation, circulation averaged 269,882 copies during the latter half of 2022. It is published simultaneously from 14 cities: Mumbai, Bangalore, Delhi, Chennai, Kolkata, Lucknow, Hyderabad, Jaipur, Ahmedabad, Nagpur, Chandigarh, Pune, Indore, and Bhopal. Its main content is based on the Economy of India, Indian economy, international finance, share prices, prices of commodities as well as other matters related to finance. This newspaper is Publishing, published by Bennett Coleman & Co. Ltd, Bennett, Cole ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Projects Established In 2014
A project is a type of assignment, typically involving research or design, that is carefully planned to achieve a specific objective. An alternative view sees a project managerially as a sequence of events: a "set of interrelated tasks to be executed over a fixed period and within certain cost and other limitations". A project may be a temporary (rather than a permanent) social system (work system), possibly staffed by teams (within or across organizations) to accomplish particular tasks under time constraints. A project may form a part of wider programme management or function as an ''ad hoc'' system. Open-source software "projects" or artists' musical "projects" (for example) may lack defined team-membership, precise planning and/or time-limited durations. Overview The word ''project'' comes from the Latin word ''projectum'' from the Latin verb ''proicere'', "before an action", which in turn comes from ''pro-'', which denotes precedence, something that comes before s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In India
Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791. The largest and the oldest bank which is still in existence is the State Bank of India (SBI). It originated and started working as the Bank of Calcutta in mid-June 1806. In 1809, it was renamed as the Bank of Bengal. This was one of the three banks founded by a presidency government, the other two were the Bank of Bombay in 1840 and the Bank of Madras in 1843. The three banks were merged in 1921 to form the Imperial Bank of India, which upon India's independence, became the State Bank of India in 1955. For many years, the presidency banks had acted as quasi-central banks, as did their successors, until the Reserve Bank of India was established in 1935, under the Reserve Bank of India Act, 1934. In 1960, the State Banks of India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
JAM Yojana
JAM (short for Jan Dhan-Aadhaar-Mobile) trinity refers to the government of India initiative to link Jan Dhan accounts, mobile numbers and Aadhaar cards of Indians to plug the leakages of government subsidies. History The JAM trinity was proposed in the Economic Survey of 2014-15. Jan Dhan Yojana ''Pradhan Mantri Jan-Dhan Yojana'' is India's ''National Mission for Financial Inclusion'' to ensure access to financial services, namely banking savings and deposit accounts, remittance, credit, insurance and pension in an affordable manner. This financial inclusion campaign was launched by the Prime Minister of India Narendra Modi on 28 August 2014. He had announced this scheme on his first Independence Day speech on 15 August 2014. Run by Department of Financial Services, Ministry of Finance, on the inauguration day, 1.5 crore (15 million) bank accounts were opened under this scheme. Guinness World Records recognises the achievements made under PMJDY, Guinness World Records Certi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pradhan Mantri Jeevan Jyoti Bima Yojana
Pradhan Mantri Jeevan Jyoti Bima Yojana (''Prime Minister Jeevan Jyoti Insurance Scheme'') is a Government-backed life insurance scheme in India. It was originally mentioned in the year 2015 budget speech by the then-Finance Minister, Arun Jaitley in February 2015. It was formally launched by Prime Minister Narendra Modi on 9 May 2015 in Kolkata. As of May 2015, only 20% of India's population has any kind of insurance, this scheme aims to increase the number. Pradhan Mantri Jeevan Jyoti Bima Yojana is available to people between 18 and 50 years of age with bank accounts. It has an annual premium of . The GST is exempted on Pradhan Mantri Jeevan Jyoti Bima Yojana. The amount will be automatically debited from the account on or before 31 May every year. Period for which insurance covered is 12 months i.e., from 1 June till 31 May. Those who register for auto debit facility will have auto renewal up to 55 years. However, a person over age 50 cannot register to this scheme. There i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian 500 And 1000 Rupee Currency Demonetisation
On 8 November 2016, the Government of India announced the Legal tender#Demonetization, demonetisation of all Indian 500-rupee note, ₹500 and Indian 1000-rupee note, ₹1,000 banknotes of the Mahatma Gandhi Series. It also announced the issuance of new ₹500 and Indian 2000-rupee note, ₹2,000 banknotes in exchange for the demonetised banknotes. Prime Minister Narendra Modi said that this decision would curtail the shadow economy, increase cashless transactions and reduce the use of illicit and counterfeit cash to fund illegal activity and terrorism. The announcement of demonetisation was followed by prolonged cash shortages in the weeks that followed, which created significant disruption throughout the economy. People seeking to exchange their banknotes had to stand in lengthy queues, and several deaths were linked to the rush to exchange cash. According to a 2018 report from the Reserve Bank of India ₹15.3 lakh crore (15.3 trillion rupees on the Long and short scales, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Make In India
is an initiative by the Government of India to create and encourage companies to develop, manufacture and assemble products in India and incentivize dedicated investments into manufacturing. The policy approach was to create a conducive environment for investments, develop a modern and efficient infrastructure, and open up new sectors for foreign capital. Make in India has been unsuccessful at achieving its stated targets. Under this programme, the share of manufacturing in GDP was projected to reach 25% by 2022. However, the GDP share of manufacturing has actually fallen from 16.7% in 2013–2014 to 15.9% in 2023–2024. History Announced in 2014, "Make in India" had three stated objectives: # to increase the manufacturing sector's growth rate to 12-14% per annum; # to create 100 million additional manufacturing jobs in the economy by 2022; # to ensure that the manufacturing sector's contribution to GDP is increased to 25% by 2022 (later revised to 2025). After the launch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reserve Bank Of India
Reserve Bank of India, abbreviated as RBI, is the central bank of the Republic of India, and regulatory body responsible for regulation of the Indian banking system and Indian rupee, Indian currency. Owned by the Ministry of Finance (India), Ministry of Finance, Government of India, Government of the Republic of India, it is responsible for the control, issue, and maintenance of the supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. The RBI, along with the Indian Banks' Association, established the National Payments Corporation of India to promote and regulate the payment and settlement systems in India. Bharatiya Reserve Bank Note Mudran, Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in two of its currency printing presses located in Mysore (Karnataka; Southern India) and Salboni (West Bengal; Eastern India). Depos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Press Information Bureau
The Press Information Bureau, commonly abbreviated as PIB, is a nodal agency of the Government of India under Ministry of Information and Broadcasting. Based in National Media Centre, New Delhi, Press Information Bureau disseminates information to print, electronic and web media on government plans, policies, programme initiatives and achievements. It is available in 14 Indian official languages, which are Dogri, Punjabi, Bengali, Odia, Gujarati, Marathi, Meitei ( Manipuri), Tamil, Kannada, Telugu, Malayalam, Konkani and Urdu, in addition to Hindi and English, out of the 22 official languages of the Republic of India. The head of PIB is also the Official Spokesperson of the Government of India and holds the rank of Principal Director General (Special Secretary equivalent). The post is currently headed by Rajesh Malhotra. History The Press Information Bureau was established in June 1919 as a small cell under Home Ministry under the British government. Its main task w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moneycontrol
Network18 Media & Investments Limited, ( d/b/a Network18 Group) is an Indian media conglomerate owned by the Reliance Industries, headed by Mukesh Ambani. Rahul Joshi is the managing director, chief executive officer and group editor-in-chief, and Adil Zainulbhai is the chairman of its board of directors. Through its subsidiaries and franchise licensing agreements, the group owns and operates the news broadcasting networks of News18, and CNBC channels in India, the magazines of '' Forbes India'' and '' Overdrive'', the websites of ''Firstpost'' and '' Moneycontrol,''. It also operates the television networks of Colors TV, Nickelodeon India, MTV India and the channel History TV18. Incorporated in 1996 by Geeta and Rakesh Gupta, the company was acquired by Ritu Kapur and Raghav Bahl to be converted into a conglomerate holding company between 2003 and 2006. It oversaw one of the largest collections of media properties in India following its conversion but became encumbered with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Times Of India
''The Times of India'' (''TOI'') is an Indian English-language daily newspaper and digital news media owned and managed by the Times Group. It is the List of newspapers in India by circulation, third-largest newspaper in India by circulation and List of newspapers by circulation, largest selling English-language daily in the world. It is the oldest English-language newspaper in India, and the second-oldest Indian newspaper still in circulation, with its first edition published in 1838. It is nicknamed as "The Old Lady of Bori Bunder", and is a newspaper of record. Near the beginning of the 20th century, Lord Curzon, the Viceroy of India, called ''TOI'' "the leading paper in Asia". In 1991, the BBC ranked ''TOI'' among the world's six best newspapers. It is owned and published by Bennett, Coleman & Co. Ltd. (BCCL), which is owned by the Sahu Jain family. In the Brand Trust Report India study 2019, ''TOI'' was rated as the most trusted English newspaper in India. In a 2021 surve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
