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Finance Ministry to Review Progress of Financial Inclusion Schemes with Bank Heads
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CNBC TV18•05-10-2026, 22:28
Finance Ministry to Review Progress of Financial Inclusion Schemes with Bank Heads
- •The finance ministry has called a meeting of bank heads on Tuesday to review the progress of flagship financial inclusion schemes like Pradhan Mantri Jan Dhan Yojana and Jan Suraksha.
- •Financial Services Secretary Sanjay Lohiya will chair the meeting, which will also evaluate the progress of the PM Mudra Yojana.
- •Launched in April 2015, the PM Mudra Yojana provides collateral-free loans to micro and small enterprises to support entrepreneurship and job creation.
- •Other key initiatives like the StandUp India Scheme and PM SVANidhi Scheme for street vendors will also be reviewed during the session.
Key Questions Answered
The finance ministry has called a meeting with heads of banks to review the progress of various financial inclusion schemes, including the Pradhan Mantri Jan Dhan Yojana, Jan Suraksha, and PM Mudra Yojana.
The Pradhan Mantri Mudra Yojana was launched in April 2015 to provide collateral-free loans to micro and small enterprises to support entrepreneurship and job creation.
The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) offers a life insurance cover of Rs 2 lakh in case of death due to any reason for eligible individuals aged 18-50 years with a bank or post office account.
