The PMJDY plan is a crucial step in bringing the populace into the formal system. In light of the debate, the researcher has decided to analyse the PradhanMantri Jan DhanYojana Banking for All to End Financial Untouchability banking system, which will also work to transform the Indian economy into a paperless and digitally sound economy, for the study project. As a result, the study's findings were used to develop recommendations for further improving the programme, which were then used to map the scheme's development. India also suffers from a lack of infrastructure and human development, similar to other low- and middle-income nations. The program's success, meanwhile, partly hinges on how well it is carried out and on other governance concerns. Launched to promote financial inclusion in India, the PMJDY initiative. However, no significant research has been done to evaluate the impact of the PMJDY plan, which promotes financial inclusion, on India's economic development.

PMJDY Scheme, Socio-Economic Status, banking system, Indian economy, human development, economic development.