FINANCIAL INCLUSION REVOLUTION IN INDIA: A DECADE OF PROGRESS WITH PMJDY EMPOWERING MILLIONS
Reshma Kurussiveettil and Kanniammal Karuppanagounder
Article
The Pradhan Mantri Jan Dhan Yojana is a noteworthy initiative aimed at improving financial inclusion in India (PMJDY). "Rural India," in particular, is empowering the long-marginalized economically disadvantaged element of society. The PMJDY's ability to swiftly expand financial inclusion by providing basic banking services to millions of previously unbanked individuals is essential to its success as it fosters inclusive growth and economic empowerment in India. This research attempts to explore the many government initiatives and RBI regulations that have allowed India's Financial Inclusion Revolution, in addition to showcasing PMJDY's ten-year success story.
Keywords
PMJDY, A decade of Success, Financial Inclusion Revolution, Empowering Rural India, Descriptive