From Banking the Unbanked to Empowering Millions: PM on Jan Dhan
What Happened
On the 12th anniversary of the Pradhan Mantri Jan Dhan Yojana (PMJDY), PM said the scheme has delivered “unprecedented scale and transformative outcomes,” playing a significant role in advancing financial inclusion and empowering people across India. The scheme has expanded formal banking access to over 59 crore accounts, with a strong focus on women and rural households.
Key Takeaways
Jan Dhan has evolved from a bank account opening drive into a cornerstone of India's welfare and digital finance ecosystem. By linking millions to banking, direct benefit transfers, insurance, and digital payments, it has become one of the world's largest financial inclusion initiatives.