Archive · 29 Sep 2026
Jan-Dhan Accounts Grow as Inactivity Raises Questions About Inclusion
The government created Jan-Dhan accounts to help more people use banks.
It says 59.09 crore accounts had been opened by 19 August 2026.
It also says 32.92 crore of the beneficiaries were women.
The money kept in these accounts grew greatly between 2015 and 2026.
However, many accounts are not being used for a long time.
The article says most accounts are also not used for UPI payments.
The government calls the program a major success, but it does not release figures about inactive accounts.
This makes it harder to know how many people are actually using the accounts.
The government reported 59.09 crore Jan-Dhan accounts as of 19 August 2026.
Female beneficiaries accounted for 32.92 crore of the reported account holders.
Deposits rose from Rs 15,670 crore in March 2015 to Rs 3.16 lakh crore.
The article says inactive Jan-Dhan accounts are increasing and most are not used for UPI payments.
The government has not published information on inactive accounts or their UPI usage.
- Who
- The Narendra Modi government and beneficiaries of Pradhan Mantri Jan-Dhan Yojana.
- What
- The government reported growth in Jan-Dhan accounts and deposits, while the article questioned rising inactivity and limited UPI use.
- When
- The figures cited are as of 19 August 2026; the government celebrated the scheme's 12th anniversary the previous month.
- Where
- India.
- Why
- The scheme is intended to expand banking access and connect citizens with credit, insurance, pensions, digital payments, and government cash transfers.
Government's Position
Article's Concerns
Financial inclusion
Government's Position
The government says PMJDY has expanded banking access, improved financial security, and connected previously unconnected citizens with credit, insurance, pensions, and digital payments.
Article's Concerns
The article questions how inclusive the scheme is because inactive accounts are rising and information about their use is not publicly available.
Evidence of success
Government's Position
The government points to 59.09 crore accounts, 32.92 crore female beneficiaries, and a roughly 20-fold increase in deposits.
Article's Concerns
The article argues that the number of accounts and deposits does not show how many accounts are actively used.
Digital payments
Government's Position
The government says the scheme connects citizens with digital payments.
Article's Concerns
The article says most Jan-Dhan accounts are not being used for UPI payments and that the government provides no usage data.
- Accounts opened
- 59.09 crore Jan-Dhan accounts as of 19 August 2026
- Female beneficiaries
- 32.92 crore
- Deposits in March 2015
- Rs 15,670 crore
- Deposits on 19 August 2026
- Rs 3.16 lakh crore
- Inactive-account definition
- No customer-induced financial or non-financial transaction for 24 continuous months
- Government description
- The government calls PMJDY a game-changer and says it has made financial inclusion a lived reality.
- Information gap
- The government publishes no information on inactive accounts or their use for UPI payments.