Finance Minister Sitharaman Reports Over 57 Crore Jan Dhan Accounts, Majority Held by Women
Synopsis
In a recent announcement, Finance Minister Nirmala Sitharaman revealed impressive statistics regarding the Pradhan Mantri Jan Dhan Yojana, highlighting that over 57 crore accounts have been opened, with women holding a significant portion. This reflects ongoing efforts in financial inclusion and empowerment.
Key Takeaways
57.78 crore Jan Dhan accounts opened.
55.8% of accounts are held by women.
45.17 crore accounts in rural areas.
26.88 crore enrollments in PMJJBY.
57.26 crore loans sanctioned under PMMY.
New Delhi, March 16 (NationPress) A staggering 57.78 crore Jan Dhan accounts have been established, with a total deposit of Rs 2,94,702 crore as of February 25, according to Finance Minister Nirmala Sitharaman's statement on Monday.
Among these accounts, 32.21 crore (representing 55.8 percent) are held by women. Additionally, around 45.17 crore accounts (or 78.2 percent) were created in rural and semi-urban regions, as noted in the Lok Sabha by Sitharaman.
The Finance Minister also highlighted that the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) has recorded 26.88 crore cumulative enrollments (up to February 25), offering life insurance coverage of Rs 2 lakh for death by any cause.
Furthermore, through the Pradhan Mantri Suraksha Bima Yojana (PMSBY), there have been 57.11 crore total enrollments (as of February 25, 2026) to provide a yearly accidental cover of Rs 2 lakh (for death or complete disability) and Rs 1 lakh (for partial disability).
Under the Atal Pension Yojana (APY), cumulative enrollments have reached 8.84 crore, ensuring a monthly pension for eligible contributors until February 25 this year.
Likewise, the Pradhan Mantri Mudra Yojana (PMMY) has sanctioned 57.26 crore loans, totaling Rs 39.48 lakh crore, aimed at providing collateral-free financial assistance to micro and small enterprises, up to Rs 20 lakh for income-generating activities across various sectors, including agriculture (as of February 27).
Sitharaman further stated that 2.75 lakh loans totaling Rs 62,790 crore have been approved under the Stand-Up India Scheme (SUPI) to support Scheduled Caste, Schedule Tribe, and women entrepreneurs in establishing greenfield projects in sectors such as manufacturing, trading, and agriculture-related activities (as of March 31, 2025).
Additionally, a strong financial inclusion framework known as JAM—a Jan Dhan Aadhaar Mobile pipeline—has been established to connect Jan-Dhan accounts with mobile numbers and Aadhaar. This initiative is extensively utilized by various ministries and departments for delivering numerous welfare benefits, including Direct Benefit Transfer (DBT), among others.
Point of View
These developments in financial inclusion are pivotal for empowering marginalized communities, especially women. The government’s efforts to enhance accessibility to financial services through initiatives like PMJDY demonstrate a commitment to fostering economic growth and stability.
NationPress
9 May 2026
Frequently Asked Questions
What is the total number of Jan Dhan accounts opened?
As of February 25, a total of 57.78 crore Jan Dhan accounts have been opened.
What percentage of Jan Dhan accounts are held by women?
Women hold approximately 55.8 percent of the total Jan Dhan accounts.
What is the purpose of the Pradhan Mantri Jeevan Jyoti Bima Yojana?
This scheme provides life insurance coverage of Rs 2 lakh for death due to any cause.
How many loans have been sanctioned under the Pradhan Mantri Mudra Yojana?
57.26 crore loans amounting to Rs 39.48 lakh crore have been sanctioned under the PMMY.
What is the JAM framework?
JAM stands for Jan Dhan Aadhaar Mobile, a financial inclusion framework linking Jan-Dhan accounts with mobile numbers and Aadhaar.
