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An Examination of Post-Jan Dhan Yojana Initiatives for Empowering the Marginalized

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  • Dr. Renu Sharma

    (Assistant Professor, Department of Business Administration, Mohanlal Sukhadia University, Udaipur, Rajasthan, India)

  • Purnima Tripathi

    (Project Research Fellow, Department of Business Administration, Mohanlal Sukhadia University, Udaipur, Rajasthan, India)

Abstract

This study examines post-Jan Dhan Yojana initiatives, specifically the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY), to assess their effectiveness in empowering marginalized communities. By comparing nominal and real values, the study examines how inflation affects insurance benefits. Nominal benefits show steady growth, but inflation-adjusted real payouts show sharp swings, indicating a decline in the schemes’ true worth. According to key findings, A state-wise analysis reveals significant disparities in enrollment and benefits distribution, highlighting the need for targeted interventions in these regions. This study emphasizes how crucial it is to adapt social security programs in response to changing economic conditions to achieve true financial empowerment.

Suggested Citation

  • Dr. Renu Sharma & Purnima Tripathi, 2025. "An Examination of Post-Jan Dhan Yojana Initiatives for Empowering the Marginalized," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(1), pages 4498-4506, January.
    • Handle: RePEc:bcp:journl:v:9:y:2025:i:1:p:4498-4506
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    References listed on IDEAS

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    1. Agell, Jonas & Ysander, Bengt-Christer, 1993. "Should Governments Learn to Live with Inflation? Comment," American Economic Review, American Economic Association, vol. 83(1), pages 305-311, March.
    2. J. François Outreville, 2013. "The Relationship Between Insurance and Economic Development: 85 Empirical Papers for a Review of the Literature," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 16(1), pages 71-122, March.
    3. Neil Swan, 1972. "The Loss from Inflation by Social Security Beneficiaries," American Journal of Economics and Sociology, Wiley Blackwell, vol. 31(1), pages 61-78, January.
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