28-AGU-2025, 12:00PM
Union Finance Minister Nirmala Sitharaman has announced that more than 56 crore Jan Dhan accounts have been opened across the country over the past 11 years, marking a milestone in India’s financial inclusion journey. The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched in 2014, has become one of the world’s largest financial inclusion initiatives, ensuring that millions of people, particularly from rural and underprivileged backgrounds, have access to banking services.
Nirmala Sitharaman Highlights Success of Jan Dhan Yojana
In her statement, Nirmala Sitharaman emphasized that the Jan Dhan scheme has transformed India’s financial landscape. She noted that opening over 56 crore accounts reflects the government’s commitment to empowering the poor, improving access to credit, and encouraging savings habits among citizens.
Why Nirmala Sitharaman Considers Jan Dhan Scheme a Game-Changer
Enhancing Financial Inclusion
According to Nirmala Sitharaman, the scheme has played a crucial role in bringing the unbanked population into the formal financial system. Beneficiaries now enjoy access to debit cards, insurance, direct benefit transfers, and other financial services.
Supporting Women and Rural Households
Nirmala Sitharaman also highlighted that a significant number of Jan Dhan accounts are held by women, particularly in rural areas, helping families gain economic stability and independence.
Nirmala Sitharaman on the Road Ahead
Looking forward, Nirmala Sitharaman stressed that the government aims to leverage these accounts for expanding digital banking, strengthening the UPI ecosystem, and ensuring that every citizen benefits from welfare schemes directly.
Conclusion
The announcement by Nirmala Sitharaman underscores the transformative impact of the Jan Dhan Yojana over the past 11 years. With more than 56 crore accounts opened, the scheme has become a cornerstone of India’s financial inclusion drive, bridging gaps and empowering millions.
Source : ANI
