Why in News? 

As per the Finance Ministry, ~23% PM Jan Dhan Yojana (PMJDY) accounts are inoperative, raising concerns about financial inclusion and account usage.

PMJDY 

• Objective: Provide zero-balance accounts to every unbanked adult without opening or maintenance charges. 
• Benefit to Account Holders: RuPay debit card, Rs 2 lakh accident insurance and an overdraft facility of up to Rs 10,000 for emergencies.  
• Key Platform for DBT and Subsidies: Integration with the JAM trinity ensures efficient delivery of welfare schemes. 
• Achievements:  
  • Women owning bank accounts ↑ from 53% (2015-16) to 79% (2019-21). 
  • Access to Mudra loans ↑; recording a CAGR of 9.8% between (2019-24). 

Inoperative Accounts (no transactions for >2 years) 

• 13.04 crore of 56.04 crore PMJDY accounts inoperative. 
• Highest no. of inactive accounts in UP followed by Bihar and MP.