Jan Dhan Yojana: Analysis of the one-year journey

Abstract

Financial inclusion is one of the foundation pillars on which India’s development rests. It has far reaching impact on the socio-economic lives of people, as it ensures that everyone in the society gets access to social, economic and political opportunities without any discrimination. This facet is strongly linked with the concept of inclusive growth. Financial inclusion started in India more than century ago, however it is only in the twenty first century that paramount importance is being given to it by the public policies also. This report gives a detailed account of the Financial Inclusion process in India with an in-depth focus on analyzing the Pradhan Mantri Jan Dhan Yojna, as it marks its first anniversary since inception