Financial inclusion drive in 2.70 lakh GPs and ULBs from 21 October
Why in the news
The Department of Financial Services (DFS) under the Union Finance Ministry announced on 19 October 2026 a nationwide campaign to saturate financial inclusion schemes at the grassroots level. It runs from 21 October to 31 December 2026.
Key facts
- Coverage: 2.70 lakh gram panchayats (GPs) and urban local bodies (ULBs).
- Duration: 21 October to 31 December 2026.
- Insurance and pension: banks will hold camps to enrol people in PMJJBY, PMSBY and Atal Pension Yojana (APY), and seed Aadhaar for PMJJBY and PMSBY.
- PMJDY: new Jan Dhan accounts will be opened, and re-KYC done for existing PMJDY and other savings accounts.
- KYC and nomination: pending C-KYC IDs will be generated and nominations updated for savings accounts and lockers.
- Aapki Poonji, Aapka Adhikar: an awareness drive on unclaimed financial assets, along with sessions on digital frauds.
- Farm credit: Kisan Credit Card (KCC) applications will be sourced to cover eligible PM-Kisan beneficiaries, and PMFBY enrolment will support KCC saturation ahead of the Rabi season.
- Preparation: a meeting with senior bank management and State-Level Bankers’ Committees (SLBCs) was chaired on 19 October by the Joint Secretary (Financial Inclusion).
- Monitoring: state administrations, banks and the Department of Financial Services will track progress.
Campaign at a glance
| Area | Activities |
|---|---|
| Social security | PMJJBY, PMSBY and APY enrolment |
| Accounts | New PMJDY accounts, re-KYC, C-KYC IDs, nominations |
| Farmers | KCC for PM-Kisan beneficiaries, PMFBY enrolment |
| Awareness | Digital frauds, unclaimed assets |
Exam angle
- Remember the numbers: 2.70 lakh GPs/ULBs, 21 October to 31 December 2026.
- ‘Aapki Poonji, Aapka Adhikar’ relates to unclaimed financial assets.
- DFS is a department of the Ministry of Finance.
- Expanded forms: PMJJBY (Jeevan Jyoti Bima), PMSBY (Suraksha Bima), APY (Atal Pension Yojana).