Before the high-profile launch of Pradhan Mantri Jan DhanYojna (PMJDY), the government had launched many programmes towards financial inclusion. These are:
Micro-Finance: Self Help Group-Bank Linkage Programme
The Self-Help Group (SHG)-Bank Linkage Programme has emerged as the major micro-finance programme in the country.It is being implemented by commercial banks, regional rural banks (RRBs), and cooperative banks
Extension of ‘Swabhimaan’ Scheme
Under the Swabhimaan financial inclusion campaign, over 74,000 habitations with population in excess of 2,000 had been provided banking facilities by March 2012, using various models and technologies including branchless banking through business correspondents (BCs).
Setting up of Ultra ....
