Archive · 4 Aug 2025
Government Highlights Financial Inclusion Scheme PMJDY
The Indian government is working to include more people in the banking system.
Since 2014, they've opened over 559 million bank accounts through a program called PMJDY.
This program helps people open basic bank accounts with features like debit cards and overdrafts.
The government also has other programs to help people get loans, especially those who may not usually qualify, to start businesses and improve their finances.
Over 559 million bank accounts opened under PMJDY since 2014.
Government aims to boost financial inclusion and access to credit.
PMJDY launched in August 2014 to provide basic savings bank accounts.
Accounts include RuPay debit cards and overdraft facilities.
Government implements schemes for credit access to underserved segments.
- Who
- The Indian government.
- What
- Government efforts to boost financial inclusion and improve access to credit.
- When
- PMJDY launched in August 2014.
- Where
- Across India.
- Why
- To increase financial inclusion and banking participation.
- Scheme
- Pradhan Mantri Jan Dhan Yojana (PMJDY)
- Launch Date
- August 2014
- Accounts Opened
- Over 559 million
- Minister
- Pankaj Chaudhary
Sources
Jan Dhan accounts cross 55 crore; PM Modi says nationwide KYC drive underway
Jan Dhan bank balance moderates marginally to Rs 2.62 lakh crore
Over 4 crore women benefited under PMMVY; registration drive extended till Aug 15: WCD
Over 4 crore women benefited under PMMVY; registration drive extended till Aug 15: WCD
Centre To Promote Access To Basic Banking Services For Financial Inclusion
