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#pmjdy — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #pmjdy, aggregated by home.social.

  1. Pradhan Mantri Jan Dhan Yojana completed 10 years on Wednesday. How successful has it been in improving financial inclusion in India? What has been its major achievements? And has it helped with the issue of slow growth in bank deposits? Today's Number Theory explores these questions in detail.

    Read on HT app: hindustantimes.com/editors-pic

    #MastIndia #India #Economics #Banking #PMJDY #FinancialInclusion #Data #dataviz @mastodonindians

  2. How An Aadhaar Fraud Forces The Poor Into Paying For Welfare Schemes They Do Not Want

    Across India, banks are enrolling account-holders in social security schemes without their assent. Kiosk operators or banks’ business correspondents deceitfully obtain customers’ fingerprints for authentication via the Aadhaar-enabled Payment System, thus imposing the Narendra Modi government’s welfare schemes on the rural poor. Kiosk operators allege that banks pressurise them to enrol customers, by hook or crook, in the government’s life insurance, accident insurance and pension schemes.

    #aadhaar #UID #identification #exclusion #DigitalDivide #welfare #poverty #privacy #banking #biometrics #security #PMJDY #PMSBY #governance #AEPS #UIDAI #MGNREGA #employment #UnionGovt #india

    article-14.com/post/how-an-aad

  3. How An Aadhaar Fraud Forces The Poor Into Paying For Welfare Schemes They Do Not Want

    Across India, banks are enrolling account-holders in social security schemes without their assent. Kiosk operators or banks’ business correspondents deceitfully obtain customers’ fingerprints for authentication via the Aadhaar-enabled Payment System, thus imposing the Narendra Modi government’s welfare schemes on the rural poor. Kiosk operators allege that banks pressurise them to enrol customers, by hook or crook, in the government’s life insurance, accident insurance and pension schemes.

    #aadhaar #UID #identification #exclusion #DigitalDivide #welfare #poverty #privacy #banking #biometrics #security #PMJDY #PMSBY #governance #AEPS #UIDAI #MGNREGA #employment #UnionGovt #india

    article-14.com/post/how-an-aad

  4. Just to make you feel better, the poor (#PMJDY accounts etc) *don't* use #ATM because banks' don't issue cards, they use Banking agents to get cash and #MicroATM are priced lot higher twitter.com/logic/status/10658

    Basically, people are forced into banking and costs are then put on their head.

  5. Lets read the entire report.

    Context - While the #PMJDY opened accounts for everyone, India lags in #ATM penetration.

    Interchange rates were unrevised since 2008 & new note disaster of 2016 + cassette regulations have increased cost of ops

  6. RT @[email protected]

    By using the list of @[email protected] a/c's for making cash transfers under #Covid_19 relief package, women w/o a #PMJDY a/c are likely to feel gross injustice. Eg. workers employed under #MNREGA who already had a bank a/c & hence did not open a PMJDY a/c ideasforindia.in/topics/povert

    🐦🔗: twitter.com/Ideas4India/status

  7. RT @[email protected]

    By using the list of @[email protected] a/c's for making cash transfers under #Covid_19 relief package, women w/o a #PMJDY a/c are likely to feel gross injustice. Eg. workers employed under #MNREGA who already had a bank a/c & hence did not open a PMJDY a/c ideasforindia.in/topics/povert

    🐦🔗: twitter.com/Ideas4India/status

  8. #CashlessConsumer - #DFS letter on relaxation of OVD requirements for opening a small account / KYC formalities of #PMJDY accounts, citing amendment to #PMLA rules relaxing strict KYC requirements to help poor. #PMGKY #DBT #COVID19