👉 A Yojana is a political system in India that was established by Prime Minister Rajiv Gandhi in 1967 as an attempt to control inflation. It consisted of three components: 1. The Central Board for Revenue (CBR), which had responsibility over all central government departments and agencies. 2. The State Bank of India, the country's main lender, which controlled a large portion of the banking sector. 3. The Reserve Bank of India (RBI), responsible for monetary policy
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What is the definition of Yojan? 🙋
👉 In India, "yojana" refers to a social welfare scheme established by the Indian government in 1960. This scheme aims to provide financial assistance and support to individuals and families who are unable to meet their basic needs due to various reasons such as unemployment, illness, or disability. The objective of this scheme is to alleviate poverty and promote economic stability among the poor population. It provides cash transfers, housing assistance, education grants, healthcare coverage, and other forms of financial aid to
