PMJDY Completes 12 Years: Financial Inclusion Milestone
Why in the news
Pradhan Mantri Jan Dhan Yojana reached its twelfth year in August 2026, a moment that draws attention to India’s financial inclusion and digital banking progress.
Key facts
- Scheme: Pradhan Mantri Jan Dhan Yojana (PMJDY), started on 28 August 2014.
- Objective: financial inclusion.
- Services targeted: accounts, credit, insurance, pension and remittance.
- Impact: unbanked sections entered the formal financial system.
| Item | Detail |
|---|---|
| Start date | 28 August 2014 |
| Years completed | 12 |
| Focus | Financial inclusion |
| Services | Accounts, credit, insurance, pension, remittance |
Significance
The 12-year mark highlights the progress made in financial inclusion and digital banking.
Exam angle
- Start date: 28 August 2014.
- Theme: financial inclusion.
- Five facilities: accounts, credit, insurance, pension, remittance.