PM Modi hails 10 years of Jan Dhan Yojana; shares how it has been ‘game-changing’

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10 years of Jan Dhan Yojana: Prime Minister Narendra Modi on Wednesday celebrated the tenth anniversary of the Jan Dhan Yojana and counseled those that contributed to its success. “Today, we mark a momentous occasion – #10YearsOfJanDhan. Congratulations to all the beneficiaries and compliments to all those who worked to make this scheme a success,” he stated.
Launched on August 28, 2014, the Pradhan Mantri Jan Dhan Yojana is a complete nationwide mission geared toward attaining monetary inclusion for all households in India.The scheme focuses on offering common entry to banking services, guaranteeing that each family has not less than one primary banking account, and selling monetary literacy. (*10*), it facilitates entry to credit score, insurance coverage, and pension services for the beneficiaries.
The prime minister emphasised the essential function of the Jan Dhan Yojana in selling monetary inclusion and empowering hundreds of thousands of individuals, significantly girls, youth, and marginalized communities, by offering them with dignity and entry to monetary companies.

In an intensive submit on social media platform LinkedIn, PM Modi listed the success of Jan Dhan Yojana, each in numbers and in any other case:
The success of the Jan Dhan Yojana has two components to it. One is within the numbers:

  • Today, over 53 crore individuals who by no means imagined they’d enter a financial institution have financial institution accounts.
  • These accounts have a deposit stability of over Rs. 2.3 lakh crore, he stated.
  • Over 65% of the accounts are both in rural or semi-urban areas, thus taking the motion of monetary inclusion exterior the metros.
  • Direct transfers price virtually Rs. 39 lakh crore have taken place.

But, the second half goes past the spectacular numbers, he stated.

  • Jan Dhan Yojana has confirmed to be game-changing so far as girls’s empowerment is worried. Almost 30 crore girls have been introduced into the banking system, he stated.
  • Likewise, the advantages of the scheme and the opposite advantages that come due to a checking account have positively impacted crores of SC, ST and OBC households, he added.
  • Jan Dhan additionally turned an important pillar of the JAM Trinity- Jan Dhan, Aadhaar and Mobile.
  • A checking account has ensured hassle-free and direct switch in virtually all the federal government’s flagship schemes, be it Ayushman Bharat, PM-Kisan for farmers, PM SVANidhi for avenue distributors and extra, he famous.


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