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PM Jan Dhan Yojna accounts swell to 44 crore till October this year

The PMJDY was announced by Prime Minister Narendra Modi in his Independence Day address on August 15, 2014, and was simultaneously launched on August 28, 2014, to foster financial inclusion.

October 29, 2021 / 02:19 PM IST
Kerala had set up India’s first lottery department in 1967.

Kerala had set up India’s first lottery department in 1967.

Bank accounts under Pradhan Mantri Jan Dhan Yojna (PMJDY) have increased to 44 crore in over 7 years till October 2021, a finance ministry official said on Friday.

The PMJDY was announced by Prime Minister Narendra Modi in his Independence Day address on August 15, 2014, and was simultaneously launched on August 28, 2014, to foster financial inclusion.

This national mission was launched to ensure people have access to financial services, namely, banking, remittance, credit, insurance, pension in an affordable manner.

Speaking at an Assocham event on 'National E-Summit on Financial Inclusion – Roadmap for An Inclusive Bharat', Department of Economic Affairs Economic Advisor Manisha Sensarma said the PM Jan Dhan Yojna has seen immense success since its launch.