The report stated sustained economic growth along with targeted government initiatives, including the Pradhan Mantri Jan Dhan Yojana ( PMJDY ), as key contributors to this progress. PMJDY significantly expanded financial inclusion by facilitating the opening of over 550 million bank accounts. Objective of " Pradhan Mantri Jan-Dhan Yojana ( PMJDY )" is ensuring access to various financial services like availability of basic savings bank account, access to need based credit, remittances facility, insurance and pension to the excluded sections i.e. weaker sections & low income groups. This deep penetration at affordable cost is possible only with effective use of technology. PMJDY is a National Mission on Financial Inclusion encompassing an integrated approach to bring about ... PMJDY is a national mission to provide banking services to all households in India. It offers basic savings account, overdraft, insurance, pension, credit and financial literacy to the beneficiaries. Progress-Report Pradhan Mantri Jan - Dhan Yojana (All figures in Crore)
