India’s Ministry of Finance announced that about 1.4 lakh new accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have been opened in the last two weeks as part of its ongoing financial inclusion saturation campaign. In addition, over 5.4 lakh new enrolments were recorded under Jan Suraksha Schemes, aimed at expanding access to basic financial services in both rural and urban regions.
The Ministry of Finance, Government of India has reported a significant boost in its ongoing financial inclusion saturation campaign. In the last two weeks alone, approximately 1.4 lakh new Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts have been opened nationwide. Additionally, over 5.4 lakh new enrolments were recorded under Jan Suraksha Schemes, which include insurance and pension schemes for the underserved.
The campaign, which will run until September 30, 2025, is focused on achieving 100% coverage across Gram Panchayats and Urban Local Bodies (ULBs). The Ministry stated that the initiative is part of a broader effort to extend essential financial services to every Indian household and to ensure deeper penetration of government-backed financial instruments.
The PMJDY is a flagship financial inclusion program launched in 2014 that provides access to banking services, zero-balance accounts, RuPay debit cards, and direct benefit transfers. The Jan Suraksha Schemes comprise Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), and Atal Pension Yojana (APY)—all aimed at providing social security coverage to the economically vulnerable.
This expansion comes as part of India’s long-term goal to foster inclusive economic growth by ensuring universal access to formal financial services. The Finance Ministry said the campaign is being implemented in collaboration with regional and rural banks, financial institutions, and local administrative bodies.
Financial experts view this momentum as a reinforcement of India’s shift towards a cashless, inclusive economy that integrates every citizen into the formal financial system.
