By Admin 
Rbi governor sanjay malhotra: Reserve Bank of India (RBI) Governor Sanjay Malhotra said on Saturday that India will soon become the third largest economy in the world. He credited the Pradhan Mantri Jan Dhan Yojana for promoting the development of the country. His statement has come at a time when India’s GDP has moved forward at a rate of 7.8 % in the April-June quarter of the current financial year despite the ongoing tariff tension in the country. This is the highest among the five quarters before America’s heavy tariffs are imposed.
Plan started 11 years ago
Addressing the financial inclusion campaign of a government bank in Rangwasa village of Indore, he said that the Central Government and RBI had launched Jan Dhan Yojana with the help of banks 11 years ago, which has developed the entire country.
He said, “Today India is counted among the 5 most developed countries in the world and very soon the country will become the third largest economy.” The RBI Governor said that 55 crore accounts have been opened under this scheme to ensure the participation of people of all classes in this journey of the country, so that they are being provided saving, pension, insurance, loans and other services. State Bank of India (SBI) Chairman CS Setty was also present on the occasion.
Recently, the Pradhan Mantri Jan Dhan Yojana completed its 11 years. On this occasion, PM Modi said that this scheme has given people the power to write their own luck. He also said that when the last person is financially connected, the whole country moves forward together. This scheme was started on August 28 in 2014.
From Financial Exclusion to Empowerment! Here is a glimpse of how PM Jan Dhan Yojana has transformed lives across India. #11yearsofjandhan https://t.co/z0vxpo0e3r
– Narendra Modi (@narendramodi) August 28, 2025
What is Jan Dhan Yojana?
Please tell that the purpose of this scheme is to open the bank account of the poor and provide them with the benefit of government schemes. There is no need to keep a minimum balance in it. Also, overdraft facility is also available. In this, account hold is also given the facility of insurance and due to some reason, family members get the benefit of nominee. Under this, you have to go to the bank and apply to open an account. From there, the form of Jan Dhan Yojana will have to be filled.
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