Viksit Bharat through Financial Inclusion: A Case Study of Pradhan Mantri Jan-dhan Yojana

Achieving the goal of Viksit Bharat (Developed India) requires financial inclusion. In addition to empowering underprivileged communities, access to banking and credit facilities encourages saving, lessens reliance on unofficial lending, and guarantees fair socioeconomic growth. This study looks at the Pradhan Mantri Jan-Dhan Yojana (PMJDY), a financial inclusion flagship initiative that was introduced in 2014. The paper highlights its role in India's transition to a developed country by analyzing its goals, implementation, successes, and difficulties. Secondary data from government reports, Reserve Bank of India (RBI) publications, and World Bank conclusions are analyzed using a case study methodology. Policy implications and suggestions to improve the inclusiveness of India's financial systems are included in the paper's conclusion.