The Pradhan Mantri Jan-Dhan Yojana distributed over 1.5 trillion Indian rupees in deposits to beneficiaries through public sector banks as of August 2023 in India. State Bank of India had the highest number of beneficiaries of nearly 140 million recipients with over 506 billion Indian rupees in deposits during the measured time period.
The Pradhan Mantri Jan-Dhan Yojana was a financial inclusion program which was applicable citizens between 18 and 65 years old. It aimed to expand and make affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions. Launched in August 2014, the scheme was criticized by the opposition as an effort to please voters that has created unnecessary work-burden on public-sector banks. It claimed that the poor deserved food more than bank accounts and financial security.
Value of Pradhan Mantri Jan-Dhan Yojana deposits in India as of August 2023, by public sector bank
(in billion Indian rupees)
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PMJDY. (August 2, 2023). Value of Pradhan Mantri Jan-Dhan Yojana deposits in India as of August 2023, by public sector bank (in billion Indian rupees) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/981326/pmjdy-deposits-value-by-public-sector-bank-india/
PMJDY. "Value of Pradhan Mantri Jan-Dhan Yojana deposits in India as of August 2023, by public sector bank (in billion Indian rupees)." Chart. August 2, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/981326/pmjdy-deposits-value-by-public-sector-bank-india/
PMJDY. (2023). Value of Pradhan Mantri Jan-Dhan Yojana deposits in India as of August 2023, by public sector bank (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/981326/pmjdy-deposits-value-by-public-sector-bank-india/
PMJDY. "Value of Pradhan Mantri Jan-dhan Yojana Deposits in India as of August 2023, by Public Sector Bank (in Billion Indian Rupees)." Statista, Statista Inc., 2 Aug 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/981326/pmjdy-deposits-value-by-public-sector-bank-india/
PMJDY, Value of Pradhan Mantri Jan-Dhan Yojana deposits in India as of August 2023, by public sector bank (in billion Indian rupees) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/981326/pmjdy-deposits-value-by-public-sector-bank-india/ (last visited November 10, 2024)
Value of Pradhan Mantri Jan-Dhan Yojana deposits in India as of August 2023, by public sector bank (in billion Indian rupees) [Graph], PMJDY, August 2, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/981326/pmjdy-deposits-value-by-public-sector-bank-india/
