SYNoPSI

S
FI
NANCI
ALI
NCLUSI
ONTHROUGHPRADHANMANTRIJANDHAN
YOJANA
Submi
tt
edi
npart
ialf
ulf
il
lmentofther
equi
rementFort
he
AwardoftheDegreeof

“
MASTEROFBUSINESSADMINISTRATI
ON”
of
BANGALORECENTRALUNIVERSITY

Submi
tt
edby:
RAMANJINIK
RegNo:MB182866

UnderTheGui
danceOf
Dr.SUMANPM

VIVEKANANDAINSTITUTEOFMANAGEMENT
Dr.Raj
kumarroadRaj
aji
nagarBangal
ore560055
2019-
2020
TI
TLEOFTHESTUDY

Fi
nanci
ali
ncl
usi
ont
hroughPr
adhanMant
riJanDhanYoj
ana

I
NTRODUCTI
ON

Pr
adhan mant
rij
an dhan y
ojana(
PMJDY)i
saI
ndi
ansnat
ionalmi
ssi
on f
or
f
inanci
ali
ncl
usi
ont
o ensur
eaf
for
dabl
e accesst
ofi
nanci
alser
vices,sav
ingsand
deposi
taccount
s,r
emi
tt
ance,cr
edi
t,i
nsur
ance and pensi
on f
unds.Thi
sfi
nanci
al
i
ncl
usi
oncampai
gnwasl
aunchedbyt
hepr
imemi
nst
erofi
ndi
aont
went
yei
ght
hAugust
2014.They
ojanawasannouncedbyt
hepr
imemi
nist
eri
nhi
sindependencedayspeech
on15August
,2014.

CURRENTSTATUS:

 I
ndi
anBanki
ngser
vicescov
erager
eached80% oft
hepopul
ati
on,al
though23
per
centoft
heseaccount
srecei
vedi
rectbenef
it
str
ansf
ers.

 Atpr
esentt
het
hir
dphaseofRBI
’
sfi
nanci
ali
ncl
usi
onpl
an(
2016-
19)i
sbei
ng
i
mpl
ement
ed

REVI
EW OFLI
TERATURE

KumarandSi
ngh(
2015)
:conduct
edst
udywi
thobj
ect
ivesofunder
standi
ngt
he
PMJDYandi
mpl
i
cat
ionofPMJDY.Theyconcl
udedt
hatpr
adhanmant
rij
andhany
ojana
i
sthegr
eat
estst
ept
akent
oer
adi
cat
epov
ert
yandmanypeopl
etocomei
ntot
hemai
n
st
ream ofeconomyandr
educef
inance.Theyf
urt
heraddedt
hatconst
antr
evi
ew and
r
egul
archecki
sessent
ial
tosuccessf
uli
mpl
ement
ati
onoft
hisscheme.

GhoseandVi
nod(
2017)
:usedal
lindi
adebtandi
nvest
mentsur
veydat
a(2013)
t
oanal
yzeaccesst
ouseofcashl
oansbyhousehol
dsandr
elev
anceandr
elev
anceof
gender
.Theaut
hor
sfoundst
hatf
emal
eheaded househol
dswer
elessi
ncl
i
ned t
o
accessi
nfor
malf
inance.Womenf
acedr
est
rai
ntsduet
obot
hdemandandsuppl
y
f
act
orst
hati
mpededt
hei
raccesst
oanduseoff
ormal
financi
alser
vices.
STATEMENTOFTHEPROBLEM:

Thecur
rentst
atusel
uci
dat
est
hepr
esentgov
ernmentupt
osomeext
entt
urnout
t
obesuccessf
ulbyopeni
ngar
ound12.
54cr
orenewbankaccount(
upt
ojan2015)and
deposi
tsofmor
ethanRs.5000cr
ore(
upt
onov2014)t
hroughnew f
rom f
inanci
al
i
ncl
usi
onPMJDY.Buti
thasbeenobser
vedt
hatst
il
lthel
argestpar
toft
her
uralmar
ket
i
ntount
ouchedandnotexpl
oredf
ull
y.Thi
sst
udyi
sanat
temptaboutt
heawar
enessof
f
inanci
ali
ncl
usi
onschemeamongr
ural
peopl
es.

OBJECTI
VESOFTHESTUDY

 Newf
inanci
ali
ncl
usi
onschemeandi
tscur
rentst
atus.

 Toexami
net
hesuccess,
reachandusageofaccountopenedunderPMJDY.

 Tost
udyt
heawar
enessaboutf
inanci
ali
ncl
usi
onschemesamongr
ural
peopl
e.

I
MPORTANCEOFFI
NANCI
ALI
NCLUSI
ON:
 Fi
nanci
ali
ncl
usi
oni
saboutenabl
i
ngandempower
ingpeopl
eandcommuni
ti
es.

 Fi
nanci
ali
ncl
usi
onnotonl
yhel
psi
ndi
vi
dual
sandf
ami
l
ies,howev
ercol
l
ect
ivi
tyi
t
dev
elopsent
ir
ecommuni
ti
esandmayf
aci
l
itat
edr
iveeconomy
.

 Fi
nanciali
nclusioni sacruci
alsteptowar dscompr ehensi
vegr owth.Ithelps
wi
thintheoveralleconomi
cdevelopmentoft hedisadv
antagepopulati
onofindia
ef
fecti
vemonet aryincl
usi
onisrequi
redfort hepooranddeprivedindiv
idual
sby
pr
ovidi
ngthem thechangedmonet ar
ymer chandiseandservi
ces.

RESEARCHANDMETHODOLOGY
Sour
cesofi
nfor
mat
ioncol
l
ect
edt
hroughonl
ysecondar
ydat
a.

Secondar
ydat
a:

Secondarydataanal
yzei
nthestudyar
efr
eel
yav
ail
abl
edat
atobecol
l
ect
edf
rom
secondarysources,Jour
nal
s,ar
ti
cles.
Themajoroft
hedat
aist
hewebsi
teoft
hroughi
nter
net
,textbooksandsomest
ati
sti
cal
toos.

PLANOFANALYSI
S

Si
ncet
hest
udyi
sbasedonsecondar
ydat
a.Theanal
ysi
swi
l
lbeaccor
dingt
oqual
i
tat
ive
t
echni
quescont
entanal
ysi
sispr
escr
ibedast
het
echni
quest
oanal
yzesomest
ati
sti
cal
t
ool
s.

CONCLUSI
ON

Thi
sschemehasbeenunder
takent
ocheckt
hePMJDYpr
ogr
am al
ltol
dthe
banksi
nAsi
annat
ionandt
ofi
ndoutt
hest
epst
obet
akenbyt
hebankswi
thi
nthe
spaceofmonet
aryi
ncl
usi
on.Themai
nobj
ect
ivesoft
heanal
ysi
soft
hisst
udyi
stospot
t
he appr
oaches adopt
ed byt
otal
l
ydi
ff
erentbanks and t
o know aboutt
he cl
i
ent
r
esponset
owar
dst
hebanki
ngappr
oachesbel
owmonet
aryi
ncl
usi
onpr
ogr
am.

REFERENCE

Bagl
iS(
2012)
,RADI
XInt
ernat
ional
jour
nal
sofeconomi
cs&busi
nessmanagement
.

JPMor
gan(
2017)
,thef
inanci
ali
ncl
usi
oni
nindi
a:ahandbookf
orf
inanci
alser
vice
pr
ovi
der
s.

Reser
vebankofI
ndi
a(2016)
,Repor
tont
rendandpr
ogr
essofbanki
ngi
nindi
a2015-
16,
December

STUDENTSI
GNATURE GUI
DSI
GNATURE

(
RAMANJI
NIK) (
Dr.SUMANPM)