• Sunayana Shukla

Abstract The paper makes an in depth on financial inclusion and the most remarkable step taken towards financial inclusion in India - the launch of the Pradhan ,Mantri Jan Dhan Yojana. Starting with the history of financial inclusion, the paper envisages its needs and importance and throws light on all the financial inclusion schemes such as relaxation of KYC ( Know Your Customer) norms, BSBD ( Basic Savings Bank Deposit) accounts, ITC( Information Communications Technology) based accounts etc, prior to the launch of the PMJDY. The paper points out the difference between the other financial inclusion schemes and the PMJDY to find out the newness and effectiveness of the PMJDY. The role of PMJDY in the accomplishment of financial inclusion goals of the country has also been stated with the help of a progress report presented by the GOI. Lastly, to further take a deep dive in the concept, a case study has been made in the Buromal district of Jharsuguda regarding the implementation of the PMJDY scheme. The paper concludes that the PMJDY is undeniably a strategic and strong step taken towards financial inclusion in India but it does lack smooth implementation.

Keywords: financial inclusion, Pradhan Mantri Jan Dhan Yojana, financial inclusion schemes, KYC norms, BSBD accounts, ICT 

"PRADHAN MANTRI JAN DHAN YOJANA- ITS ROLE IN BRINGING FINANCIAL INCLUSION IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 11, page no.423-447, November-2018, Available :http://www.jetir.org/papers/JETIR1811865.pdf

"PRADHAN MANTRI JAN DHAN YOJANA- ITS ROLE IN BRINGING FINANCIAL INCLUSION IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 11, page no. pp423-447, November-2018, Available at : http://www.jetir.org/papers/JETIR1811865.pdf