11 Years of Pradhan Mantri Jan Dhan Yojana: A Milestone in Financial Inclusion
The Pradhan Mantri Jan Dhan Yojana (PMJDY) has completed 11 years, marking a significant achievement in India's financial inclusion efforts. Over 56 crore accounts have been opened, with a total deposit balance of Rs. 2.68 lakh crore. The initiative has particularly empowered women and rural populations, with 67% of accounts in rural areas and 56% owned by women. The program has facilitated direct benefit transfers and digital transactions, contributing to economic growth and development.
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