Pradhan Mantri Jan Dhan Yojana

Pradhan Mantri Jan Dhan Yojana is an Indian government initiative launched in 2014 to promote financial inclusion. Its goal is to ensure that every Indian has access to basic banking services, including a bank account, savings, and affordable credit. The scheme encourages people, especially those from underserved rural and urban areas, to open bank accounts by offering benefits like a Rupay debit card, insurance cover, and direct benefit transfers. By expanding banking reach, it aims to empower individuals, reduce poverty, and improve transparency in welfare programs.