3 years of Modi govt: Financial inclusion a show-stopper for NDA

The Jan Dhan Yojana has been the most successful of the govt's financial inclusion initiatives

Steps leading to financial inclusion have been a cornerstone of the Narendra Modi government. In the past three years, there have been many products and services to highlight inclusion, but the hero of the piece has been Jan-Dhan.

In fact, it all began with the launch of the ambitious Pradhan Mantri Jan-Dhan Yojana (PMJDY), which aimed to bring everyone into the fold of formal financial system. Alongside, several insurance and pension products were rolled out to deepen the engagement with the formal economy. Subsequently, the government launched Mudra (Micro Units Development and Refinance Agency Bank) aiming to increase the access