Government to evaluate four financial sector schemes of finance ministry

The Development, Monitoring, and Evaluation Office of NITI Aayog will soon conduct assessments of four key financial sector initiatives administered by the Department of Financial Services: Pradhan Mantri Jan Dhan Yojana (PMJDY) initiated in 2014, along with the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Stand-up India (SUPI) program. The objective is to scrutinize the schemes regarding their reach and effectiveness among the intended beneficiaries and to explore potential enhancements to the insurance scheme benefits.