A Study on Pradhan Mantri Jandhan Yojana Awareness among Slum Dwellers in Bengaluru City

Abstract

Alleviating Poverty is the main objective of financial inclusion. RBI and GOI have taken many measures towards the financial inclusion of India. The major mile stone among them is the Pradhan Mantri Jandhan yojana. But just by opening the bank account the goal of financial inclusion cannot be achieved unless the people are made aware about its features and usage. This study revealed the slum dwellers awareness towards PMJDY scheme benefits and how to operate the accounts.  So Financial literacy plays a vital role in achieving the same. Thus RBI and GOI should take measures to create financial literacy on Jan Dhan scheme