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🇮🇳 Ramit @gujjubangali
, 16 tweets, 6 min read Read on Twitter
In this thread I will FAB each of the people centric policies of the #Modi Government over the next 46 Days - 1 policy each day. Request RT 🙏 #ModiOnceMore

Today's Policy is Pradhan Mantri Jan Dhan Yojana. Website: pmjdy.gov.in
Features
i)Zero Balance Account.
ii)Insurance Cover of ₹1 Lakh along with Rupay Cards.
iii)Pass Book and Cheque Books.
iv)Direct Benefit Transfers.
v)Overdraft / Loan of up to ₹5000 #ModiOnceMore
Beneficiaries
i)33.66 Crore
ii)₹86320.79 Crore
iii)26.87 Rupay Cards Issued. #ModiOnceMore
2. Pradhan Mantri MUDRA Yojana (PMMY)
MUDRA – Micro Units Development & Refinance Agency Limited; Website - mudra.org.in

#ModiOnceMore
Features
i)Extended by Banks, NBFCs, MFIs and other Financial Intermediaries.
ii)Eligibility: Individuals, Proprietary Concerns, Partnership Firms, Private Limited Company, Public Company, Any other legal firms.
#ModiOnceMore
iii)MUDRA CARD for hassle free working capital. Rupay Platform.
iv)Shishu Loans up to ₹50000.00
Kishore Loans up to ₹5 Lakhs.
Tarun Loans up to ₹10 Lakhs
v)Comparatively low interest rates when compared to business loans or...
#ModiOnceMore
... personal loans if (financial institutions) seek refinance from MUDRA.
Interest rates otherwise as per policy decision by banks but to be kept reasonable.
vi)Processing fee to be charged upfront as per guidelines. No Processing fees for Shishu loans
#ModiOnceMore
Beneficiaries
i)Financial Year: 2018-19
Loans Sanctioned: 30614128
Amount Sanctioned: ₹161712.79 Crores
Amount Disbursed: ₹154918.59 Crores
#ModiOnceMore
ii)Financial Year: 2017-2018
Loans Sanctioned: 48130593
Amount Sanctioned: ₹253677.10 Crores
Amount Disbursed: ₹246437.40 Crores
#ModiOnceMore
iii) Financial Year : 2016-2017
Loans Sanctioned : 39701047
Amount Sanctioned : ₹180528.54 Crores
Amount Disbursed : ₹175312.13 Crores
#ModiOnceMore
iv)Financial Year : 2015-2016
Loans Sanctioned : 34880924
Amount Sanctioned : ₹137449.27 Crores
Amount Disbursed : ₹132954.73 Crores
#ModiOnceMore
Moving on... the next 3 empowers and fulfills a very important criteria of financial planning (as any financial planner worth his salt will tell you) - Insurance. Insurance gives you the security and assurance you need, that your family will be taken care of after you...
.. or you will be taken care of in your old age. Talk to underprivileged people around you to see if they have taken benefit of this. The following are not only assurances by the GoI but (by making these affordable is) a brilliant step towards (financial) inclusion too.
3. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
4. Pradhan Mantri Suraksha Bima Yojana (PMSBY)
5. Atal Pension Yojana
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