.Union Money Management Minister Nirmala Sitharaman3 min reviewed Final Upgraded: Aug 28 2024|12:15 AM IST.On the eve of the 10th anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Finance Official Nirmala Sitharaman revealed that the government aims to open up over 30 million new PMJDY profiles in the course of 2024-25.Instruction media reporters, Sitharaman unveiled that since August 14, 2024, a total of 531.3 million Jan-Dhan accounts have levelled since the program’s launch a decade ago, along with an advancing down payment difference of Rs 2.3 trillion.The normal remainder every account has actually enhanced from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Approximately 80 percent of these profiles are actually currently energetic.” PMJDY has actually played an essential part during the course of the pandemic, particularly for females,” stated Sitharaman.Despite the allotment for zero harmony as well as the absence of a minimum equilibrium requirement, simply 8.4 per-cent of the accounts maintain a no equilibrium. The program has actually been especially successful in country and semi-urban places, where 66.6 percent of the profiles are located.As of August 14, 2024, women account owners work with 55.6 per cent of the overall profiles, totaling up to 295.6 thousand profiles, according to the Ministry of Money.
Presently, 99.95 percent of all settled villages have banking facilities offered within a 5-kilometre distance via different touchpoints, featuring banking company divisions, automated bank employee makers, financial correspondents, and India Blog Post Remittances Financial Institution.As of August 14, 2024, there more than 1.73 billion personnel CASA (bank account savings account) accounts in the country, consisting of greater than 530 million personnel PMJDY accounts.Concerning social surveillance systems, Sitharaman highlighted that over 200 million cumulative enrolments have actually offered life insurance policy coverage of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, with a yearly costs of Rs 436.Furthermore, over 450 million cumulative enrolments have actually used one-year unintended cover of Rs 2 lakh (for fatality or long-lasting total handicap) as well as Rs 1 lakh (for long-lasting partial handicap) under the Pradhan Mantri Suraksha Bima Yojana, along with a superior of Rs twenty each year.The Atal Pension Yojana has signed up over 68 million clients.In terms of credit-linked systems, Sitharaman stated that under the Pradhan Mantri Mudra Yojana, 489.2 million increasing finances amounting to Rs 29.93 trillion (since July 12, 2024) have been actually accredited to provide collateral-free institutional financial to small as well as small company devices up to Rs 10 lakh for income-generating activities.Under the Stand Up India System, 236,000 cumulative lendings totalling Rs 53,609 crore (since July 15, 2024) have been allowed to Scheduled Caste, Scheduled Group, as well as females business people for setting up greenfield jobs.Additionally, the Pradhan Mantri SVANidhi plan has allowed fundings worth Rs 12,630 crore to 6.52 million road vendors as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) released on August 28, 2014.u00b7 PMJDY advancing down payment difference of Rs 2.3 trillion.u00b7 There more than 1.73 billion operative CASA profiles.u00b7 Ladies account holders comprise 55.6% of total profiles.1st Posted: Aug 27 2024|9:37 PM IST.