10 Years of Jan Dhan: PM Modi, FM Sitharaman Hail Landmark Step for Financial Inclusion

Prime Minister Narendra Modi on Wednesday hailed those that functioned to make the Jan Dhan Yojana a success and stated the system has actually been extremely important in increasing economic addition.

“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 head of state stated.

The Jan Dhan Yojana has actually been extremely important in increasing economic addition and offering self-respect to crores of individuals, specifically ladies, young people, and the marginalised neighborhoods, he stated.

Finance Minister Nirmala Sitharaman additionally responded on the celebration stating that the Jan Dhan was a modern action for economic addition.

“A progressive step was taken on this day 10 years ago for financial inclusion. PM Modi launched this initiative to ensure crores of our people who didn’t benefit from formal coverage of financial services are brought in to benefit,” Sitharaman created on X.

PM Jan Dhan Yojana Launch Date

The Pradhan Mantri Jan Dhan Yojana, introduced on August 28, 2014, is a nationwide objective on economic addition incorporating an incorporated technique to produce thorough economic addition of all houses in the nation.

“Over 53 crore accounts with over Rs 2.3 lakh crore in deposits is the result of this people’s movement,” FM included.

The strategy imagines global accessibility to financial centers with at the very least one standard financial make up every house, economic proficiency, accessibility to credit history, insurance coverage and pension plan center.