Pradhan Mantri Jan Dhan Yojana: Direct Benefits for the Poor, But Who Is Excluded?
The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched by Prime Minister Narendra Modi in August 2014, has been a cornerstone of India’s financial inclusion drive. By enabling zero-balance bank accounts for economically weaker sections, the scheme has brought millions into the formal banking system and facilitated direct benefit transfers. However, the government has also defined … Read more
