Jan Dhan Yojana — Amendments

Amendment	Year	Description	Impact
Scheme Extension & Enhancement (Phase II)	2018	In August 2018, the government decided to extend the PMJDY scheme beyond its initial three-year term with certain modifications and enhancements. This marked the beginning of 'PMJDY 2.0' or Phase II of the scheme, focusing on sustained usage and deeper penetration.	The extension ensured the continuity of the mission. Key enhancements included increasing the overdraft limit from ₹5,000 to ₹10,000, removing the age limit of 60 years for OD eligibility, and increasing the free accident insurance cover on RuPay cards from ₹1 lakh to ₹2 lakh for new accounts opened after August 28, 2018. The focus shifted from 'every household' to 'every unbanked adult' and promoting digital transactions.
Focus on Digital Payments & UPI Integration	Ongoing (2020-2024)	While not a formal 'amendment' in the legislative sense, there has been a continuous policy evolution and operational focus on integrating PMJDY accounts more deeply with India's digital payment infrastructure, particularly UPI and UPI-Lite.	This strategic shift aims to enhance the active usage of Jan Dhan accounts, reduce reliance on cash, and empower beneficiaries with seamless digital transaction capabilities. It leverages the existing account base to drive the adoption of advanced digital financial services, addressing challenges like account dormancy and promoting financial literacy in the digital realm.