000			01766nam a22001577a 4500
999			_c518098 _d518098
008			210818b ||||| |||| 00| 0 eng d
100			_aDutta, Swati and Mehta, Balwant Singh _928519
245			_aBanking the unbanked: The performance and impact of Pradhan Mantri Jan Dhan Yojana (PMJDY) schemes on poor households in Bihar
260			_a IASSI Quarterly: Contributions to Indian Social Science
300			_a40(1), Jan-Mar, 2021: p.5-28
520			_aThe paper examines the impact of PMJDY scheme on the poor households’ financial behavior in terms of savings, borrowings, and active use of bank accounts based on a primary survey conducted in eight villages spread over two districts of Bihar during August 2018. The results show that PMJDY programme has been broadly successful as a financial inclusion strategy related to opening bank account among poorer households particularly those engaged in casual labour activities and illiterate. However poor households are still largely dependent on SHGs and money lenders for accessing credit due to lack of suitable saving products. The Probit regression analysis suggests that education plays an important role in the active use of bank account as very few poor households were aware of the overdraft facility, accidental insurance, and life insurance. Hence, the financial literacy programme as well as suitable savings products for the poor need to be emphasized to improve the functioning of the scheme. – Reproduced
650			_aFinancial inclusion, Pradhan Mantri Jan Dhan Yojana, Financial product, Financial literacy, Savings account, Informal institutions. _926913
773			_aIASSI Quarterly: Contributions to Indian Social Science
906			_aPRADHAN MANTRI JAN DHAN YOJANA
942			_cAR