Pradhan Mantri Jan Dhan Yojana: Eleven Years of Financial Inclusion

Syllabus: Welfare Schemes Source:  IE Context: PMJDY completes 11 years on August 28, 2025, emerging as the world’s largest financial inclusion programme. Nearly 100% households and over 90% adults in India now have a bank account. About Pradhan Mantri Jan Dhan Yojana What is PMJDY? Launched in 2014, PMJDY was designed to provide universal access …

PM Mudra Yojana

Syllabus: Government Schemes Source:  FE Context: Pradhan Mantri Mudra Yojana (PMMY) celebrated its 10th anniversary in April, 2025. Prime Minister of India and key ministers hailed the scheme’s role in financial inclusion and grassroots entrepreneurship. About PM Mudra Yojana (PMMY): Launched: April 8, 2015 Ministry: Ministry of Finance (implemented by MUDRA Ltd under SIDBI) Objective: …