Financial inclusion is a reality for 1.3 billion Indians: PM Modi

RuPay is bringing payment cards within the reach of all

With the power of fintech and the reach of digital connectivity, we have started a revolution of unprecedented speed and scale.

To begin with financial inclusion has become a reality for 1.3 billion Indians. We have generated more than 1.2 billion biometric identities — called Aadhaar or foundation — in just a few years. With our Jan DhanYojana, we aimed to give a bank account to every Indian. In three years, we have opened 330 million new bank accounts. These are 330 million sources of identity, dignity and opportunities. Less than 50 per cent of Indians had bank accounts in 2014;