Published Paper Details:

Since last 8 years PMJDY scheme rapidly expanded in India. This scheme provides an easy way to increase the accessibility and availability of financial services such as bank accounts, remittances, credit, insurance, and pensions for all small and marginal sections of society. The government always focuses on very concerted efforts to achieve financial inclusion through the PMJDY account. Its primary goal is to make it easier for Indians to access various bank services. This paper looks into the present scenario of the PMJDY scheme in India. This study is based on secondary sources of data. For the analysis of the data, simple descriptive statistics and a column diagram and table are used. It has been discovered that the government is making concentrated efforts to offer banking services to low-income households and rural communities. Maintaining the accounts' activity and functionality is the most crucial test the PMJDY must pass. A large number of accounts being opened in no way indicate that the strategy is successful or that more people are using financial services. Regional rural bank account holders are primarily from rural areas. The regional rural bank ATM has the highest concentration in semi-urban areas. The use of digital payments, particularly RuPay debit card usage, among PMJDY accountholders. Facilitating account holders' access to microcredit and microinvestments through flexible recurring deposits.