In a proud moment for India’s financial inclusion agenda, Finance Minister Nirmala Sitharaman informed the Lok Sabha that the Pradhan Mantri Jan Dhan Yojana has achieved a landmark of 57.78 crore accounts by February 25, 2026. With deposits surging to ₹2,94,702 crore, the initiative has revolutionized access to banking for millions.
Women lead the charge with 55.8% or 32.21 crore accounts in their name, reflecting targeted efforts to bridge gender gaps in finance. Rural penetration is equally remarkable, with 78.2% or 45.17 crore accounts opened in villages and semi-urban locales, bringing ATMs, loans, and insurance to doorsteps.
Complementing PMJDY, insurance schemes are thriving. PMJJBY covers 26.88 crore lives with ₹2 lakh death benefits. PMSBY has 57.11 crore participants enjoying annual accident protection up to ₹2 lakh. APY’s 8.84 crore enrollees secure their retirement with guaranteed pensions.
Entrepreneurship gets a boost via PMMY’s 57.26 crore loans amounting to ₹39.48 lakh crore, sans collateral, for small businesses. Stand-Up India’s 2.75 lakh loans totaling ₹62,790 crore empower marginalized groups to launch projects in key sectors.
The JAM platform integrates these services seamlessly, powering DBT for leak-proof delivery of government benefits. Sitharaman’s update paints a picture of a financially empowered India, where every citizen, regardless of location or background, is woven into the economic fabric. This progress signals robust policy execution and a future of inclusive prosperity.