.Union Money Official Nirmala Sitharaman3 min read through Final Updated: Aug 28 2024|12:15 AM IST.On the eve of the 10th wedding anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Money Management Minister Nirmala Sitharaman declared that the government aims to open over 30 thousand new PMJDY profiles during 2024-25.Instruction reporters, Sitharaman unveiled that since August 14, 2024, an overall of 531.3 million Jan-Dhan profiles have actually been opened because the system's launch a many years earlier, with a collective deposit remainder of Rs 2.3 trillion.The ordinary difference every profile has actually raised from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Approximately 80 per-cent of these accounts are actually presently energetic." PMJDY has played a critical role during the pandemic, specifically for women," stated Sitharaman.Even with the allocation for no harmony and also the absence of a minimum balance need, simply 8.4 per-cent of the profiles preserve a zero harmony. The scheme has actually been actually specifically helpful in country and also semi-urban areas, where 66.6 per cent of the profiles are located.Since August 14, 2024, girls account holders embody 55.6 per cent of the total accounts, amounting to 295.6 million accounts, depending on to the Department of Finance.
Currently, 99.95 per-cent of all lived in towns possess financial resources offered within a 5-kilometre distance by means of several touchpoints, featuring financial institution divisions, automated bank clerk devices, financial correspondents, and India Blog Post Payments Banking Company.As of August 14, 2024, there end 1.73 billion operative CASA (current account interest-bearing account) accounts in the nation, consisting of greater than 530 thousand important PMJDY accounts.Concerning social surveillance programs, Sitharaman highlighted that over 200 million increasing enrolments have offered life insurance policy protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with an annual superior of Rs 436.Furthermore, over 450 million increasing enrolments have actually used 1 year unexpected cover of Rs 2 lakh (for death or even long-lasting total special needs) and Rs 1 lakh (for long-term limited special needs) under the Pradhan Mantri Suraksha Bima Yojana, with a premium of Rs 20 each year.The Atal Pension account Yojana has actually enrolled over 68 thousand subscribers.In regards to credit-linked programs, Sitharaman stated that under the Pradhan Mantri Mudra Yojana, 489.2 million cumulative financings amounting to Rs 29.93 trillion (as of July 12, 2024) have actually been actually allowed to supply collateral-free institutional financial to micro and small business systems as much as Rs 10 lakh for income-generating activities.Under the Stand Up India System, 236,000 advancing lendings completing Rs 53,609 crore (as of July 15, 2024) have been approved to Booked Caste, Scheduled Tribe, and females business owners for putting together greenfield ventures.Also, the Pradhan Mantri SVANidhi program has accredited car loans worth Rs 12,630 crore to 6.52 million road suppliers since August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) launched on August 28, 2014.u00b7 PMJDY collective deposit difference of Rs 2.3 trillion.u00b7 There are over 1.73 billion personnel CASA accounts.u00b7 Women account owners make up 55.6% of total profiles.Initial Posted: Aug 27 2024|9:37 PM IST.