International Journal of Advanced Educational Research

Authors
Payal Saini

Abstract
This financial inclusion campaign was launched by the Prime Minister on 28 August 2014 He had announced this scheme on his first Independence Day It is a nationwide scheme on Financial speech on 15 August 2014. Inclusion to provide allhouseholds in the country with financial services, with particular focus to empower the weaker sections of society including women, small and marginal farmers and labourers, both ruraland urban. PradhanMantri Jan-DhanYojana(PMJDY), Prime Minister's People Money Scheme is India's National Mission for Financial Inclusion to ensure access to financial services, namely Banking Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner. There is strong association between development programmes and socio economic condition. Socio-economic condition refers to an individual’s level of income, wealth, education, and prestige. Disparities in socio economic condition are a great cause for concern today as they are increasing throughout the world. The objective of PMJDY is ensuring access to various financial services like availability bank account, access to credit, remittances facility, insurance and pension to the expelled section of the society. This paper pays emphasis that how PMJDY helping in coping the disparity in socio economic condition of rural masses. How these scheme is providing social security to underprivileged people of the country. This paper also tells that how far this scheme has been successful in achieving its target till now.