PM Jan Dhan Yojna accounts swell to 44 crore till October this year
The Hindu
The PMJDY was announced by Prime Minister Narendra Modi in his Independence Day address on August 15, 2014.
Bank accounts under Pradhan Mantri Jan Dhan Yojna (PMJDY) have increased to 44 crore in over 7 years till October 2021, a finance ministry official said on Friday.
The PMJDY was announced by Prime Minister Narendra Modi in his Independence Day address on August 15, 2014, and was simultaneously, to foster financial inclusion.
This national mission was launched to ensure people have access to financial services, namely, banking, remittance, credit, insurance, pension in an affordable manner.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












