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The five-year track record of NDA govt's financial inclusion drive

Apart from bringing the deprived into the financial mainstream, various schemes of the govt have also plugged pension leakages and fostered direct benefit transfers

The five-year track record of NDA govt's financial inclusion drive
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Ishan Bakshi New Delhi
Ever since it came to power in 2014, the Narendra Modi-led NDA government has undertaken various initiatives to enhance the pace of financial inclusion in India.

Beginning with the Pradhan Mantri Jan Dhan Yojana (PMJDY), which aimed to bring the financially excluded into the fold of the formal financial system, the NDA government also introduced various insurance and pension schemes to not only deepen engagement with the financial system, but to also create a social security architecture in the country.

By all accounts, the Jan Dhan Yojana has been a roaring success. Data shows that a staggering 344.3

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First Published: Feb 27 2019 | 12:17 PM IST

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