29 August 2014 Current Affairs

PM Narendra Modi Launched Pradhanmantri Jan Dhan Yojana

Prime Minister Narendra Modi launched the ambitious Pradhan Mantri Jan Dhan Yojana (PMJDY).The PMJDY has been conceived as a national mission on financial inclusion with the objective of covering all households in the country with banking facilities and having a bank account for each household. The scheme, pushed by the government in a mission mode, seeks to provide two accounts to 7.5 crore identified households by August 2018.

Erdogan Sworn In As New Turkish president

Recep Tayyip Erdogan, Turkey’s outgoing prime minister, has been sworn in as president during a ceremony in the capital Ankara, extend his more than a decade-long domination of the country’s political scene. Erdogan took his oath of office , ushering in a new era for Turkey, where he is expected to push for a new constitution and seek to further transform the country with development projects.


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