Pradhan Mantri Jan Dhan Yojana

Govt’s financial inclusion drive crosses major milestones with over 55 crore Jan Dhan accounts

Under the leadership of Prime Minister Narendra Modi, now in his 11th year in office, India’s financial inclusion efforts have reached unprecedented heights. The government’s flagship initiative, the Pradhan Mantri Jan Dhan Yojana (PMJDY), launched in August 2014 as part of the National Mission for Financial Inclusion (NMFI), has now crossed 55.02 crore account openings as of March 7, 2025. Of these, 36.63 crore accounts have been opened in rural and semi-urban areas, extending formal bankin...

March 19, 2025 10:39 AM

India achieves significant milestones in financial inclusion: over 55 crore Jan-Dhan accounts opened

India has reached significant milestones in financial inclusion, with the National Mission for Financial Inclusion (NMFI), launched through the Pradhan Mantri Jan Dhan Yojana (PMJDY) in August 2014, recording the opening of over 55.02 crore Jan-Dhan accounts as of March 7. Of these, 36.63 crore accounts are in rural and semi-urban areas, underscoring the scheme's reach in underserved regions. The Minister of State for Finance, Pankaj Chaudhary, shared this information in a written reply to the R...