Introduction to Jan Dhan Yojana

1. The Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched on August 28, 2014, by the Government of India.
2. It aims to provide universal access to banking facilities and promote financial inclusion for all sections of society.
3. Described as the world's largest financial inclusion initiative.

Objectives of Jan Dhan Yojana

1. Provide access to basic banking services such as savings accounts, deposits, and withdrawal

Introduction to Cooperative and Regional Rural Banks

1. The Indian banking system comprises various tiers, including cooperative banks and regional rural banks (RRBs), to address specific economic needs.
2. Both types of banks play a crucial role in promoting financial inclusion and supporting the rural economy.

Cooperative Banks

1. Cooperative banks are financial institutions owned and managed by their members, primarily to serve rural and semi-urban ar

Introduction to Indian Banking System

1. India has a multi-tier banking structure that includes public sector banks, private sector banks, cooperative banks, and regional rural banks (RRBs).
2. Public sector banks (PSBs) and private sector banks are the two dominant categories, each playing a vital role in the Indian economy.

Public Sector Banks (PSBs)

1. PSBs are banks where the majority stake (more than 50%) is owned by the Government of India.
2. Examples include

Introduction to the Reserve Bank of India (RBI)

1. The Reserve Bank of India (RBI) was established in 1935 under the Reserve Bank of India Act, 1934.
2. It is the central bank of India and plays a pivotal role in regulating the Indian banking and financial system.
3. The RBI’s headquarters are in Mumbai, Maharashtra.
4. The main objectives of the RBI are to ensure monetary stability, financial stability, and economic growth.

Structure of Indian Banking System

Tourism Services

1. Tourism is a major contributor to India’s economy, accounting for 9.2% of GDP and employing around 42 million people.
2. India ranks among the top destinations for cultural, heritage, and medical tourism.
3. Popular tourist attractions include UNESCO World Heritage sites like the Taj Mahal and cultural festivals like the Kumbh Mela.
4. Tourism generates significant foreign exchange earnings (FEE), contributing approximately $30 billion annually.

Introduction to IT and ITeS

1. The Information Technology (IT) and IT-enabled Services (ITeS) industries are among the fastest-growing sectors in India.
2. These industries encompass software development, business process outsourcing (BPO), data analytics, and cloud computing.
3. India is recognized as a global hub for IT services and outsourcing.

Key Statistics

1. The IT and ITeS sector contributes approximately 8% to India’s GDP.
2. Employs over 4.5 m

Introduction to the Services Sector

1. The services sector is a key contributor to India's economy, encompassing activities like trade, finance, real estate, IT, healthcare, and education.
2. It is often referred to as the tertiary sector as it supports primary (agriculture) and secondary (industry) sectors.
3. The services sector in India has witnessed rapid growth since the economic reforms of 1991.

Role in GDP

1. The services sector contributes over 50% to India’s Gross D

Importance of Infrastructure Development

1. Infrastructure serves as the backbone of economic growth and development.
2. Facilitates industrial growth, trade, and investment by providing essential services.
3. Improves the quality of life by ensuring access to power, transport, and communication.
4. Enhances productivity and efficiency across various economic sectors.
5. Boosts connectivity, enabling regional integration and balanced development.
6. Promotes employ

Role of MSMEs in the Economy

1. MSMEs are the backbone of the Indian economy, contributing significantly to GDP and employment.
2. They account for approximately 30% of India’s GDP and nearly 50% of exports.
3. Provide employment to over 110 million people across various sectors.
4. Promote entrepreneurship and innovation at grassroots levels.
5. Support the development of rural and semi-urban areas through industrial growth.
6. Contribute

The National Food Security Mission (NFSM) is a flagship scheme launched by the Government of India to increase the production of key food grains, ensuring food security and addressing the challenges of hunger and malnutrition.