Published on: April 2026
A STUDY ON THE ROLE OF FINANCIAL INCLUSION THROUGH PMJDY IN STRENGTHENING THE INDIAN BANKING SYSTEM
RAMENDRA PRATAP SINGH
SHYAM DUBEY
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Abstract
Financial inclusion is the foundational pillar of an equitable economic system. It refers to the delivery of financial services—including credit, savings, insurance, and payments—to all segments of society, particularly the underprivileged and low-income groups, at an affordable cost. In the Indian context, the pre-2014 era was characterized by a massive "banking divide," where nearly half of the population remained outside the formal financial perimeter, relying instead on high-interest informal moneylenders. The launch of the Pradhan Mantri Jan Dhan Yojana (PMJDY) in August 2014 was not merely an administrative directive; it was a radical shift toward "Aatmanirbhar Bharat" (Self-Reliant India), aimed at integrating every household into the mainstream economy.a
How to Cite this Paper
SINGH, R. P. (2026). A Study on the Role of Financial Inclusion Through PMJDY in Strengthening the Indian Banking System. International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(04). https://doi.org/10.55041/ijcope.v2i4.515
SINGH, RAMENDRA. "A Study on the Role of Financial Inclusion Through PMJDY in Strengthening the Indian Banking System." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 04, 2026, pp. . doi:https://doi.org/10.55041/ijcope.v2i4.515.
SINGH, RAMENDRA. "A Study on the Role of Financial Inclusion Through PMJDY in Strengthening the Indian Banking System." International Journal of Creative and Open Research in Engineering and Management 02, no. 04 (2026). https://doi.org/https://doi.org/10.55041/ijcope.v2i4.515.
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References
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