Women hold more than 50% accounts under Pradhan Mantri Jan-Dhan Yojana

19 oct 2020

Women hold more than 50% accounts under Pradhan Mantri Jan-Dhan Yojana

According to RTI, more than half of the bank accounts are held by women beneficiaries. No gender-wise data is available regarding the amount held by men and women account holders. The deposits under PMJDY saw an increase of 8.5% till early September of this fiscal year. Pradhan Mantri Jan-Dhan Yojana was launched in August 2014 under the National Mission for Financial Inclusion. Later it was extended beyond August 2018 with modifications in age limit, overdraft facility and focus on opening of accounts for every households.