Jan Dhan at 12: Women hold 33 crore of 59 crore accounts
Over Rs 53 lakh crore has been transferred through Direct Benefit Transfer to beneficiaries. Nearly 33 crore women now hold Jan Dhan accounts, enhancing financial inclusion. The Pradhan Mantri Jan Dhan Yojana has completed twelve years of successful operation. This initiative provides basic banking access and financial security to millions. Banking outlets now reach nearly every village,…
On Friday, it was revealed that 33 crore women hold Jan Dhan accounts, making up 56 percent of all Jan Dhan account holders. The Pradhan Mantri Jan Dhan Yojana (PMJDY) completed 12 years of existence on Friday. The objective of PMJDY is to provide every unbanked adult with access to a basic bank account, free from minimum balance requirements and maintenance charges.
Implemented by Prime Minister Narendra Modi, this initiative has transformed India's financial landscape and set an example for financial inclusion globally. The scheme enables money to move directly to beneficiaries, reducing intermediaries and making welfare delivery more transparent and efficient. As of now, there are 59 crore Jan Dhan accounts in India, with 46 crore accounts located in rural and semi-urban areas, reaching deeper into the country's communities.
With 41 crore RuPay cards issued, millions are now connected to India's digital payment infrastructure, marking a shift from mere account ownership to active participation in the digital economy.
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