Global Forum on Migration and Development
Published on the Global Forum on Migration and Development Web Portal (https://www.gfmd.org)


Date Shared: 
Wednesday, October 7, 2015 - 11:15
Title: 

Pradhan Mantri Jan Dhan Yojana (PMJDY) Program (Prime Minister’s National Mission for Financial Inclusion Program)

Countries and areas: 
India
Thematic Area: 
Remittances
Tags: 
Remittances, Local Development
Summary: 

With the financial inclusion program introduced in 2014, India has managed to open more than 118 millions account in less than a year. Regarding migration (both domestic and international migration), the program has connected payment banking networks with the mobile companies so that the remittances can travel faster.

GFMD Source: 

GFMD 2014-2015 - Roundtable  1.2 - Reducing the human and financial costs of international migration, particularly labour migration: Cooperative approaches to fair recruitment practices and lower remittance fees

GFMD 2014-2015 - Thematic Meeting 3 - Recognizing the contributions of women migrants to economic and social development in countries of origin and destination and addressing their specific needs, particularly concerning respect for their human rights.

Link: 

For more information: 

  • http://www.cgap.org/blog/digital-financial-inclusion-india-taking-2015

Source (retrieved on 04/17/2026 - 13:03): https://www.gfmd.org/pfp/ppd/2169