FINANCIAL INCLUSION REVOLUTION IN INDIA: A DECADE OF PROGRESS WITH PMJDY EMPOWERING MILLIONS

The Pradhan Mantri Jan Dhan Yojana is a noteworthy initiative aimed at improving financial inclusion in India (PMJDY). "Rural India," in particular, is empowering the long-marginalized economically disadvantaged element of society. The PMJDY's ability to swiftly expand financial inclusion by providing basic banking services to millions of previously unbanked individuals is essential to its success as it fosters inclusive growth and economic empowerment in India. This research attempts to explore the many government initiatives and RBI regulations that have allowed India's Financial Inclusion Revolution, in addition to showcasing PMJDY's ten-year success story. This studyprovides a thorough evaluation of the program's successes and shortcomings. The study offers several noteworthy contributions, such as a detailed analysis of the program's impact on empowering rural, a critical look at the integration of digital financial services, and a nuanced understanding of regional differences in account usage. Although PMJDY has greatly expanded banking access, the findings indicate that specific policy measures are required to close ongoing gaps and guarantee long-term financial inclusion.