CM Dhami Highlights PMJDY’s Impact on Financial Inclusion as Scheme Marks 11 Years

Quick Summary

• The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched on August 28, 2014, recently marked its 11-year anniversary.
• Uttarakhand Chief Minister Pushkar Singh dhami praised the scheme as a transformative initiative that has connected crores of citizens to India’s financial system.
• Over 56 crore bank accounts have been opened under PMJDY, with total deposits amounting to Rs 2.67 lakh crore as of mid-August 2025.
• Notably, 56% of these accounts belong to women, emphasizing gender equality in financial access.
• Approximately 67% of Jan Dhan accounts are concentrated in rural/semi-urban areas while the remaining are spread across urban/metropolitan regions.
• PMJDY supports Direct Benefit Transfers (DBT) for over 327 government schemes and has played a key role in reducing inefficiencies such as leakages and middlemen in welfare delivery systems.

Indian Opinion Analysis

The Pradhan Mantri Jan Dhan Yojana represents one of India’s most ambitious efforts toward comprehensive financial inclusion. With over half its beneficiaries being women and two-thirds located in rural areas, the initiative has addressed critical gaps in equitable access to banking services.Its integration into socioeconomic frameworks through direct Benefit Transfers highlights efficiency improvements and reductions in corruption within welfare regimes.

However, while recent data underscores its massive scale and impact, the long-term success must be evaluated based on whether these initial achievements lead toward sustained economic empowerment for marginalized communities. Additionally, ensuring account usage beyond passive deposits could further enhance self-reliance among account holders.

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!PMJDY Connected Crores Of Citizens To Financial System