Prime Minister Narendra Modi has marked twelve years of the Pradhan Mantri Jan Dhan Yojana by emphasising its wide-ranging effects on the country’s financial system. The scheme, which aims to bring banking services to people without access to formal banking, has according to the Prime Minister achieved significant results in bringing citizens into the financial mainstream. Mr Modi described the initiative as having delivered outcomes on an exceptional scale.
What the Prime Minister said
In a statement posted on social media on 28 August 2026, Mr Modi underlined that the Pradhan Mantri Jan Dhan Yojana has played a central role in financial inclusion efforts across India. He characterised the scheme’s impact as unparalleled, noting its contribution to empowering people throughout the country. The Prime Minister stressed that the scheme has operated at an unprecedented level in terms of its reach and the changes it has brought about.
What this means for you
If you are among the millions who have opened a Jan Dhan account, the Prime Minister’s remarks acknowledge your entry into the formal banking system. The scheme has enabled people without prior bank access to hold accounts, save money, and access loans and insurance products. For those considering opening such an account, the government views the twelve-year track record as proof of the scheme’s ability to transform financial circumstances. The emphasis on financial inclusion suggests the government intends to continue prioritising access to banking services for all citizens as a key policy goal.