PM Modi Commemorates 10 Years of Jan Dhan Yojana, Lauds Financial Revolution

New Delhi: Prime Minister Narendra Modi on Wednesday commended the tremendous success of the Pradhan Mantri Jan Dhan Yojana (PMJDY) as it marked its 10th anniversary. Launched in 2014, the Jan Dhan Yojana has been a transformative initiative, driving financial inclusion across India and making essential banking services accessible to millions, especially those in marginalized communities.

In his address, PM Modi expressed deep appreciation for everyone involved in the scheme’s success, from the beneficiaries to the implementers. He highlighted the far-reaching impact of the scheme, stating, “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.”

The PMJDY was introduced as a cornerstone of the government’s broader strategy to ensure that every Indian household has access to vital financial services such as banking, credit, insurance, and pensions. Over the past decade, the scheme has significantly expanded the reach of the formal financial system, bringing millions of unbanked individuals into its fold.

One of the key achievements of the Jan Dhan Yojana has been its role in empowering women, youth, and other marginalized sections of society. By providing access to savings accounts, debit cards, and direct benefit transfers, the scheme has not only enhanced financial security but also restored dignity and independence to those who were previously excluded from the financial system.

The success of the Jan Dhan Yojana is evident in the dramatic increase in bank account ownership across the country, with millions of new accounts opened under the scheme. As it enters its second decade, the PMJDY continues to play a crucial role in India’s ongoing journey towards greater financial inclusion and economic empowerment, ensuring that the benefits of financial services reach every corner of the nation.