32 Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) Integrated Journal for Research in Arts and Humanities ISSN (Online): 2583-1712 Volume-2 Issue-2 || March 2022 || PP. 32-37 https://doi.org/10.55544/ijrah.2.2.19 Role of Pradhan Mantri Jan Dhan Yojana in Enhancing the Paradigm of Financial Inclusion in Rural India Dr. Pankaj Gupta 1 and Vaibhav Shrivastava 2 1 Associate Professor, Department of Commerce, J.V. Jain College, Saharanpur (U. P.), INDIA. 2 Ph.D., Research Scholar, Department of Commerce, Ch. Charan Singh University, Meerut (U. P.), INDIA. 2 Corresponding Author: vaibhavsri26193@gmail.com www.ijrah.com || Vol. 2 No. 2 (2022): March Issue Date of Submission: 18-03-2022 Date of Acceptance: 30-03-2022 Date of Publication: 31-03-2022 ABSTRACT This article examines the role of the Prime Minister Jan Dhan Yojana (PM JDY) in boosting public wealth. Millions of households around the country benefit from financial inclusion and banking access, as well as insurance coverage and a sense of security, thanks to this programme. As a result of integrating this scheme with many other government initiatives, money will be immediately credited into the accounts of the recipients, eliminating intermediaries and reducing leakages. This strategy enables access to micro-credit in the later stages of the programme. Many of the accounts created under this plan, however, were idle, a problem that will be addressed once the government links it to other government-run programmes like NAREGA Job Yojna and other direct cash benefit transfer programmes. Overall, this plan has the potential to be a game changer and alter the country's landscape. It might be able to help plug leaks and boost the efficiency of specific public distribution networks. A systematic questionnaire was used to collect primary data, while secondary data was gathered from a variety of sources including books, papers, and published materials. Finally, it makes an effort to propose relevant recommendations to improve PM JDY's standing in terms of increasing public wealth. Keywords- Bank Account, Financial Inclusion, Financial Service, Prime Minister Jan Dhan Yojana, PM JDY, Rural India. I. INTRODUCTION A bank is an organisation that makes banking and other financial services to its customers. It safeguards money and valuable items while also providing loans, credit, and payment services such as bank accounts, money orders, and cashier's cheques. Investment and insurance services are also provided by the bank. The mass of people in the country have faith in banks because of the services and security they provide, and they want to create a relationship with them by depositing money and taking advantage of the many bank schemes. Banks have abandoned traditional functions in order to suit the requirements of their customers, and have instead adopted more innovative concepts and new types of services. India's banking industry has been more effective because to the combined efforts of cooperative banks, specialized banks, and other development financial institutions. Banking transactions have become considerably more easy as a result of the expansion of computerised banking systems, and as a result, people are seeking to stay up with these update in the banking sector. The Apex bank and the Government's most important national goal is financial inclusion. Financial inclusion is defined by the Committee on Financial Inclusion, chaired by Dr. C Rangarajan, as the process of guaranteeing vulnerable groups, such as weaker parts and low-income groups, access to financial services and timely and sufficient credit where needed at a reasonable cost. The RBI and the Central Government are attempting to provide official financial services to the most vulnerable members of society. In India, a number of programmes and policies have been implemented to enhance financial inclusion. To increase financial inclusion, frill accounts, Basic Savings Bank Deposit Account (BSBDA), simplified KYC norms, adoption of BCs, financial