12 years of Jan Dhan: How India’s financial inclusion drive has expanded banking access, security and opportunity

August 28, 2026 1:34 PM

12 years of Jan Dhan: How India’s financial inclusion drive has expanded banking access, security and opportunity

Twelve years after its launch, the Pradhan Mantri Jan Dhan Yojana (PM-JDY) has emerged as a cornerstone of India's financial inclusion journey, expanding access to formal banking, credit, insurance, pensions and digital payments for millions of underserved citizens. Launched in 2014 as India's national mission for financial inclusion, PM-JDY has steadily widened the reach of the formal financial system. The number of Jan Dhan accounts has increased nearly fourfold, from 14.72 crore in 2015 to 5...

Jan Dhan accounts cross 55 crore mark; FM Nirmala Sitharaman urges KYC completion

August 3, 2025 3:01 PM

Jan Dhan accounts cross 55 crore mark; FM Nirmala Sitharaman urges KYC completion

The number of bank accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) has crossed the 55 crore mark, with “most of these accounts belonging to people who had never even seen the door of a bank,” Finance Minister Nirmala Sitharaman said on Sunday. In a post on X, the Finance Minister said, “With the programme completing 10 years & these accounts requiring KYCs, I urged the banks to start an initiative of reaching out to people for the same. Since 1st July 2025, banks have...