Prime Minister Narendra Modi has asked people to participate in the ‘Your Money, Your Right’ movement, which has successfully returned Rs 2,000 crore of unclaimed assets to rightful owners in the last two months.
The ‘Your Money, Your Right’ campaign was launched on October 4 to facilitate the settlement of unclaimed financial assets, including bank deposits, insurance, dividends, shares, mutual funds and pensions, to their legitimate claimants. Efforts of all the stakeholders have led to many rightful owners being identified and being handed over their financial assets.
Indian banks are holding Rs 78,000 crore of unclaimed money belonging to the citizens. Insurance companies have nearly Rs 14,000 crore lying unclaimed, mutual fund companies have around Rs 3,000 crore, and dividends worth Rs 9,000 crore are also unclaimed.
The government launching a campaign to identify the rightful owners and handover them their money is a remarkable step. It has been appreciated by all the sections of the society. From October to December 5, 2025, camps were held in 477 districts, with the participation of public representatives, district administrations, and officials from financial institutions.
In a social media post PM Modi said, “We want to scale up this movement in the coming days. People should come forward and take part in the ‘Your Money, Your Right’ movement.”
For decades, citizens struggled with cumbersome processes that often discouraged them from pursuing claims. The ‘Your Money, Your Right’ campaign reverses that dynamic, placing the burden not on the claimant but on institutions and administrations to reach out, verify, and restore.
The initiative has strengthen the public trust at a time when transparency and accountability are increasingly demanded of institutions.
The government’s move has assured the citizens that their savings—whether small or substantial—remain protected and retrievable. By simplifying processes, eliminating intermediaries, and leveraging digital tools, the campaign ensures exactly that.
As the movement expands in the coming months, its impact may go far beyond the recovery of unclaimed assets. It has already begun to nurture a culture of financial responsibility, awareness, and institutional responsiveness. In doing so, it reinforces a simple yet powerful principle—every citizen’s money is their right, and the system must honour it. |
