Empirical Study of Jan Dhan Yojana and Jan Suraksha Schemes

Abstract

Financial inclusion or the provision of universal access to financial services viz. banking savings and deposit accounts, remittance, credit, insurance and pension in an affordable manner to the poor and needy sections of the population is the focus area of the Jan Dhan and Jan Suraksha schemes. This paper seeks to analyse the growth and the performance of Jan Dhan and Jan Suraksha schemes from inception to October 2017.  By analysing enrollment trends, distribution patterns, deposits and claims, this paper tries to understand the full potential of these schemes in ensuring empowerment and security to this segment of the population.