PMJDY completes 11 years on August 28, 2025:
PMJDY completes 11 years on August 28, 2025, emerging as the world’s largest financial inclusion programme. Nearly 100% households and over 90% adults in India now have a bank account. It was Launched in 2014, PMJDY was designed to provide universal access to banking for the unbanked.
Its objectives include zero-balance accounts, RuPay debit cards, insurance, pensions, and Direct Benefit Transfers (DBTs). The scheme has reduced reliance on moneylenders and informal credit networks, historically a trap for the poor.Over 56.2 crore accounts opened, compared to ~15 crore in 2015.
This represents the world’s largest financial inclusion drive.
