Proceedings of International Multidisciplinary Conference on Information Science, Management Research and Social Sciences 18th &19th April 2022 ISBN: 978-93-5619-947-7 131 A Study on Pradhan Mantri Jan Dhan Yojana in Public and Private Sector Banks in India Dr. M. Sumathy 1 , Sneha Jayalakshmi 2 1 Professor and Head, Department of Commerce, Bharathiar University, Coimbatore-641046 2 Research Scholar, Department of Commerce, Bharathiar University, Coimbatore-641046 Abstract: The vision of the Jan Dhan Yojana is to bring all the citizens of our nations into the basic banking so that they can avail the financial services at an ease. In addition to that the leakages as well as the pilferages in the social welfare schemes can be reduced by enabling the Direct Benefit Transfer facility and added to that it plays a significant role to eradicate the financial problems. To meet the objectives of the study the following details like the number of people who have benefited, amount deposited by the beneficiaries and number of RuPay cards which was issued to the beneficiary in both the private and the public sector banks were taken into consideration and the secondary data was collected and the interpretations, tables and charts were framed on this basis. This study aims to understand about the objectives and vision of Jan Dhan Yojana which is a national mission and which encompasses the integrated approach moreover it also aims to reach out to the younger generation to participate in this mission. This paper aims to study about the trends and the growth of the Jan Dhan Yojana in the both the private bank and the public sectors banks. Keywords: Jan Dhan Yojana; Financial Problems; RuPay cards. I. INTRODUCTION Pradhan Mantri Jan-Dhan Yojana was started with the objective to assure that the different financial services are available to the weaker section of the society. It is a national mission which comprises of the integrated approach. It envisions the universal access to the services provided by the banking sector so that each household owns one basic banking account, insurance, financial literacy, insurance and access to credit. The RuPay debit card which provides an insurance cover of Rs 1 lakh benefit is available to the beneficiary. This plan also aims to sort out the problem which arises due to the technology problems like poor connection and on-line transactions. An attempt is being made so that it reaches to the younger generation of the nation could also take a part in this. II. LITERATURE REVIEW SS Chowhan, JC pande (2014), in the study examined that inspite of the huge growth in the Indian banking sector a larger section of population in India remained unbanked. To bring an end to this, Prime Minister Narendra Modi announced this new scheme on 15Th August 2014. eha Sharma, RuchiGoyal (2017), in the study investigated that the PMJDY is major financial plan with the aim of covering all the households in the nation with the banking services along with inbuilt insurance. T mary Jones, S Divyasri, G Bavani ( 2017), in the study investigated that the Indians are changing from the rural India to Digital India mainly due to the efforts taken by the central government of our nation. The initiatives like Make in India, Jan DhanYojana, Swachh Bharat, Demonetization of currency has contributed to the growth of the Indian economy. ThangarajRavikumar (2018), in his study evaluates that the financial inclusion is a process of providing access and usage of financial services like the savings, insurance, credit and payment facility financially excluded people. It also examines that the PradhanMantri Jan-DhanYojana scheme critically and its difference with a previous similar scheme. MuhammedShafi.M.K, Dr.M.Ravindar Reddy (2021), inhisstudy examined that the PMJDY aim is to reach out economic activity around poor to bring them back to the banking channel. As the part of it, 20.63 crore bank accounts have been opened and Rs 31399.67 crore has been deposited (as on 3 rd Feb, 2016) and it aims to investigate various measures and initiatives of banks as well as the governments. Research Objective: To study the trend and growth of the Jan Dhan Yojana in Public sector and Private sector banks. III. RESEARCH METHODOLOGY AND DATA ANALYSIS It is analytical in nature and the secondary data is collected through means of the websites, articles, annual reports and research papers. The data is collected for duration of 12 months from February 2021 to February 2022. This table shows the number of people who are benefitted by the Jan Dhan Yojana in the public sector banks along with the trend and the growth. Table 1. People who are benefitted by the Jan Dhan Yojan in the public sector banks Source: Jan Dhan Yojana and the tabulations are computed with the help of the excel Month Public sector banks-Total beneficiaries Trend Forecast Growth Forecast Feb-21 330814446 329854005.1 329964113.2 Mar-21 332100015 331580983.2 331640944 Apr-21 334049692 333307961.2 333326296.3 May-21 335222466 335034939.2 335020213.2 Jun-21 335769594 336761917.3 336722738.4 Jul-21 337089188 338488895.3 338433915.6 Aug-21 338914876 340215873.3 340153788.7 Sep-21 341300971 341942851.3 341882402 Oct-21 343880756 343669829.4 343619799.8 Nov-21 345681872 345396807.4 345366026.9 Dec-21 347134461 347123785.4 347121128 Jan-22 349542745 348850763.4 348885148.4 Feb-22 351305271 350577741.5 350658133.2