• MADHU BALA

One of the biggest developments by the NDA government is first social welfare Scheme i.e. “Pradhan Mantri Jan Dhan Yojana (PMJDY)”. It is a scheme for comprehensive financial inclusion launched by the Prime Minister of India, Mr. Narendra Modi on 28 August 2014.He had announced this scheme on his first Independence Day speech on 15 August 2014. This scheme is based on “Sab ka sath sab ka vikas” i.e. inclusive growth. The main objective of this scheme is to ensure universal access to banking facilities with at least one basic bank account for every household. It was reported that total of 7 Crore (70 million) bank accounts have been opened with deposits totaling more than 5000 crore Rupees as of November 6, 2014.This research paper includes financial inclusion, inclusive growth, threats and strategy of the scheme etc.

PMJDY, Banking system, financial inclusion, Inclusive growth.

"Pradhan Mantri Jan Dhan Yojana (PMJDY): Financial Inclusion and Inclusive Growth in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 9, page no.a768-a773, September-2023, Available :http://www.jetir.org/papers/JETIR2309091.pdf

"Pradhan Mantri Jan Dhan Yojana (PMJDY): Financial Inclusion and Inclusive Growth in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 9, page no. ppa768-a773, September-2023, Available at : http://www.jetir.org/papers/JETIR2309091.pdf