Roadmap for Answer Writing 1. Introduction Definition of PMJDY: Briefly explain what the Pradhan Mantri Jan-Dhan Yojana (PMJDY) is and its primary objective of promoting financial inclusion in India. 2. Key Contributions to Financial Inclusion Opening Bank Accounts: Highlight how PMJDY has facilitated the ...
Model Answer Development of the Swaraj Party in India The Swaraj Party, formally known as the Congress-Khilafat Swarajya Party, was established in 1923 by C.R. Das and Motilal Nehru, following the suspension of the Non-Cooperation Movement (NCM) by Mahatma Gandhi after the Chauri Chaura incident inRead more
Model Answer
Development of the Swaraj Party in India
The Swaraj Party, formally known as the Congress-Khilafat Swarajya Party, was established in 1923 by C.R. Das and Motilal Nehru, following the suspension of the Non-Cooperation Movement (NCM) by Mahatma Gandhi after the Chauri Chaura incident in 1922. The suspension created a rift within the Indian National Congress, leading to a split between the “no-changers,” who opposed entering legislatures, and the “pro-changers,” who sought to engage with the British government from within. The pro-changers, including Das and Nehru, formed the Swaraj Party after their proposal to enter the legislatures was rejected at the Gaya session in 1922.
The party aimed to obstruct British rule through legislative means, and it quickly gained prominence. In the 1923 elections, the Swaraj Party emerged as the largest party in the Central Assembly and the councils of Bombay and Bengal, significantly influencing legislative proceedings. Notably, they blocked the passage of several government bills, including the Budget for 1924-25 and the Public Safety Bill in 1928, showcasing their effectiveness in the assembly (Source: historical accounts of the Swaraj Party).
Achievements
- Legislative Influence: The Swarajists successfully blocked government bills, forcing reliance on certification for financial matters.
- Political Presence: They became a significant political force, with a considerable presence in multiple legislative councils.
- Awareness and Opposition: They kept the anti-British sentiment alive by exposing government misdeeds and the inadequacies of Montagu-Chelmsford reforms.
Shortcomings
Despite their achievements, the Swaraj Party faced several shortcomings:
- Lack of Coherent Strategy: They struggled to coordinate their legislative efforts with mass movements outside, leading to disjointed activism.
- Overreliance on Media: Their communication with the public relied heavily on newspaper reporting, limiting direct engagement.
- Coalition Struggles: Conflicting ideologies hindered collaboration with coalition partners, reducing effectiveness.
- Failure to Support Peasants: They did not adequately represent peasant interests in Bengal, leading to a loss of support among Muslim constituents who were pro-peasant.
Ultimately, the Swaraj Party’s significance waned after the 1926 elections, and it merged back with the Congress, but it played a crucial role in sustaining anti-British sentiment during a politically challenging period (Source: historical analysis of the Swaraj Party’s impact).
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The Pradhan Mantri Jan-Dhan Yojana (PMJDY), launched in 2014, has had a significant impact on promoting financial inclusion in India. Its primary objective is to provide universal access to banking services, especially for the unbanked population. By March 2020, over 40 crore accounts had been openeRead more
The Pradhan Mantri Jan-Dhan Yojana (PMJDY), launched in 2014, has had a significant impact on promoting financial inclusion in India. Its primary objective is to provide universal access to banking services, especially for the unbanked population. By March 2020, over 40 crore accounts had been opened under the scheme, with over ₹1.3 lakh crore deposited in these accounts.
PMJDY has facilitated financial inclusion by offering zero-balance accounts, RuPay debit cards, and overdraft facilities to the marginalized sections of society. It also promotes direct benefit transfers (DBT), ensuring subsidies reach the beneficiaries without intermediaries.
The scheme has contributed to empowering women, as a significant number of accounts are opened in their names, and it has fostered financial literacy through various programs. However, challenges like low account usage and financial illiteracy remain, which need attention for complete success.
In conclusion, PMJDY has been a major step towards financial inclusion, though further improvements are needed.
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