Financial Inclusion Mission Strengthens Access to Banking, Social Security Schemes & Institutional Credit

New Delhi, Jul 22 (KNN) The Government has reported the latest coverage figures under key financial inclusion schemes, including the Pradhan Mantri Jan Dhan Yojana (PMJDY), insurance schemes, Atal Pension Yojana (APY), Pradhan Mantri Mudra Yojana (PMMY) and Stand-Up India.

The information was provided by Minister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha. Under PMMY, 59.14 crore loans amounting to Rs 41.71 lakh crore had been sanctioned as of June 26, 2026.

The scheme provides collateral-free institutional credit of up to Rs 20 lakh to micro and small business units for income-generating activities.

Under the Stand-Up India Scheme, 2.75 lakh cumulative loans worth Rs 62,790 crore had been sanctioned as of March 31, 2025, to Scheduled Caste, Scheduled Tribe and women entrepreneurs for setting up greenfield projects in manufacturing, trading, services and agriculture-allied activities.

Under PMJDY, 58.63 crore accounts with deposits of Rs 3,08,333 crore had been opened as of July 1, 2026. Of these, 32.68 crore accounts belonged to women, while 45.62 crore accounts were in rural and semi-urban areas.

The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) recorded 27.84 crore cumulative enrolments as of July 1, 2026, providing life insurance cover of Rs 2 lakh for death due to any reason.

The Pradhan Mantri Suraksha Bima Yojana (PMSBY) recorded 58.78 crore cumulative enrolments as of July 1, 2026. The scheme provides accidental insurance cover of Rs 2 lakh for death or permanent total disability and Rs 1 lakh for permanent partial disability.

Cumulative enrolments under the Atal Pension Yojana (APY) reached 9.29 crore as of June 30, 2026.

(KNN Bureau)