The National Mission on Financial Inclusion more commonly known as Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched in August, 2014. MicroSave has been closely following the progress of PMJDY through three waves (rounds) of surveys. PMJDY Wave-I was conducted in December-2014 followed by Wave-II conducted in July-2015. This report is the third edition of the survey commissioned to examine the progress of PMJDY.
The report is based on three rounds of assessment and review of PMJDY, conducted by MicroSave between October 2014 and December 2015, surveying BMs and customers. The objective of these assessments was to analyse and assess the impact of and challenges associated with PMJDY, for beneficiaries as also for BMs. In total, over the three rounds of survey, 5,366 BMs and 18,162 customers were interviewed across 17 states and one union territory. The report captures aspects such as BM’s availability, transaction readiness, dormancy levels and transactional details. It also focussed on Aadhaar seeding and RuPay card delivery/usage by PMJDY account holders.