In a significant announcement at the Hindustan Times Leadership Summit in Delhi, Prime Minister Narendra Modi on Wednesday revealed that nearly ₹2,000 crore had been returned to rightful owners under the Union government’s flagship initiative, ‘Your Money, Your Right’, launched in October 2025. The program, aimed at helping citizens reclaim forgotten or unclaimed financial assets, has been hailed as a major step toward financial inclusion and citizen empowerment.

Addressing the summit, Modi underscored the scale of unclaimed assets in India, highlighting that banks alone were holding ₹78,000 crore of unclaimed money belonging to citizens. Insurance companies accounted for nearly ₹14,000 crore, mutual fund firms had about ₹3,000 crore, and dividends worth ₹9,000 crore remained unclaimed. “These assets represent the hard-earned savings and investments of countless families. In order to correct this, the ‘Your Money, Your Right’ initiative was launched in October 2025,” the Prime Minister said.

Modi elaborated on the mechanisms established to facilitate the claim process, including dedicated portals and structured campaigns across the country. Key portals include the RBI’s UDGAM Portal for unclaimed bank deposits, the IRDAI’s Bima Bharosa Portal for insurance policy proceeds, SEBI’s MITRA Portal for mutual fund claims, and the Ministry of Corporate Affairs’ IEPFA Portal for unpaid dividends and unclaimed shares. These digital platforms are complemented by physical facilitation camps organized in 477 districts, with a focus on reaching rural and remote areas to ensure accessibility for all citizens.

According to Modi, the coordinated efforts of banks, regulatory bodies, insurance firms, mutual fund companies, and government authorities have already resulted in nearly ₹2,000 crore being returned to the rightful owners. The initiative, he emphasized, is not just about returning financial assets but also about building trust between the government and citizens, reinforcing the message that the state is committed to protecting their hard-earned resources.

The Prime Minister urged citizens to actively participate in the initiative by checking whether they or their family members have any unclaimed deposits, insurance proceeds, dividends, or investments. He encouraged the use of both the digital portals and physical facilitation camps to claim their funds, emphasizing the importance of transparency, empowerment, and inclusivity in India’s financial system. “Act now to claim what is yours and convert a forgotten financial asset into a new opportunity. Your money is yours. Let us make sure that it finds its way back to you. Together, let us build a transparent, financially empowered, and inclusive India,” he said.

In his LinkedIn post, Modi reiterated these statistics and highlighted the nationwide effort to locate rightful owners. He emphasized that the campaign’s focus is particularly on middle-class and low-income families, whose unclaimed assets may have been forgotten over time. “This money belongs to the poor and middle-class families. Those whose money it is might have forgotten, but our government is now searching for them and is trying to find the owners,” Modi wrote.

During his closing keynote at the summit, the Prime Minister framed the initiative as part of a larger governmental effort to restore public faith and confidence. He described it as more than a financial recovery mission, framing it as a question of trust between the government and citizens. “We are committed to relentlessly earning the faith of the public. And the faith of the public is our biggest capital. If there was a mindset of slavery, then these missions would have never been possible,” he said.

The initiative, according to government sources, combines both technological tools and on-the-ground outreach. The facilitation camps aim to cover both urban and rural populations, especially those who may have limited access to digital infrastructure. At these camps, citizens can verify their claims, complete documentation, and receive assistance in ensuring their unclaimed assets are returned promptly.

Experts view the scheme as a model for public-private cooperation, with regulatory bodies, financial institutions, and government departments working in tandem. By leveraging both digital platforms and physical assistance centers, the initiative seeks to reduce barriers for citizens, particularly for the elderly or those with limited digital literacy.

The “Your Money, Your Right” campaign also reflects a broader trend in India’s financial governance, where asset transparency, accountability, and citizen-centric approaches are increasingly prioritized. According to government officials, the focus on reclaiming unclaimed assets not only helps citizens access their rightful resources but also improves financial literacy and awareness across the country.

Since its launch, the scheme has reportedly seen enthusiastic participation, with thousands of claims being processed daily. Citizens are encouraged to access the portals using government-issued identification, such as Aadhaar, PAN, or other official documents, to facilitate verification and claim processing.

Prime Minister Modi concluded his address by appealing to citizens to engage with the initiative actively. He stressed that the campaign represents a collective effort to ensure that financial resources lying dormant in banks, insurance firms, mutual funds, and dividend accounts are restored to their rightful owners. “Together, we can make sure that every rupee, every asset, reaches the citizen it belongs to, turning forgotten money into an opportunity for growth and empowerment,” he said.

The announcement of ₹2,000 crore returned so far underscores the initiative’s early success and signals the government’s commitment to financial inclusivity and trust-building with the public. With continued outreach and facilitation efforts, the scheme aims to help millions of Indians reclaim their unclaimed assets and ensure that their financial rights are fully protected.

This initiative, along with other ongoing measures to improve financial governance and citizen services, reflects a proactive approach by the government to bridge gaps between citizens and their entitlements, ensuring transparency, accountability, and efficient delivery of public services across India.