.Union Finance Official Nirmala Sitharaman3 minutes read Last Updated: Aug 28 2024|12:15 AM IST.On the eve of the 10th anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Financing Minister Nirmala Sitharaman introduced that the government targets to open up over 30 million brand new PMJDY accounts throughout 2024-25.Rundown press reporters, Sitharaman revealed that as of August 14, 2024, an overall of 531.3 million Jan-Dhan profiles have actually been opened given that the program's launch a many years earlier, with an advancing down payment balance of Rs 2.3 trillion.The common balance every profile has actually enhanced coming from Rs 1,065 in March 2015 to Rs 4,352 since August 16, 2024. Around 80 per cent of these accounts are currently active." PMJDY has actually played a vital job in the course of the pandemic, especially for females," pointed out Sitharaman.In spite of the allotment for zero harmony and the absence of a minimal harmony requirement, simply 8.4 per-cent of the profiles maintain a no equilibrium. The scheme has actually been actually especially helpful in country and also semi-urban places, where 66.6 per cent of the accounts lie.As of August 14, 2024, ladies account holders exemplify 55.6 per-cent of the complete profiles, amounting to 295.6 million profiles, depending on to the Ministry of Money.
Presently, 99.95 per-cent of all occupied villages possess banking centers readily available within a 5-kilometre radius by means of different touchpoints, featuring bank branches, automated cashier machines, banking contributors, as well as India Article Repayments Financial Institution.As of August 14, 2024, there are over 1.73 billion operative CASA (bank account money market account) accounts in the nation, including greater than 530 million operative PMJDY accounts.Relating to social protection programs, Sitharaman highlighted that over 200 thousand collective enrolments have actually supplied life insurance policy protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, with a yearly fee of Rs 436.Furthermore, over 450 million cumulative enrolments have actually supplied one-year unexpected cover of Rs 2 lakh (for death or even long-lasting total special needs) as well as Rs 1 lakh (for long-lasting limited special needs) under the Pradhan Mantri Suraksha Bima Yojana, along with a superior of Rs twenty each year.The Atal Pension Yojana has actually signed up over 68 thousand users.In regards to credit-linked schemes, Sitharaman mentioned that under the Pradhan Mantri Mudra Yojana, 489.2 thousand cumulative lendings totaling up to Rs 29.93 trillion (as of July 12, 2024) have actually been actually allowed to give collateral-free institutional financing to small as well as local business units as much as Rs 10 lakh for income-generating activities.Under the Stand Up India System, 236,000 collective finances amounting to Rs 53,609 crore (as of July 15, 2024) have actually been actually accredited to Planned Caste, Scheduled People, and ladies business owners for putting together greenfield projects.Also, the Pradhan Mantri SVANidhi scheme has approved financings worth Rs 12,630 crore to 6.52 thousand road providers since August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) introduced on August 28, 2014.u00b7 PMJDY advancing deposit difference of Rs 2.3 trillion.u00b7 There more than 1.73 billion personnel CASA profiles.u00b7 Girls account holders make up 55.6% of total profiles.First Posted: Aug 27 2024|9:37 PM IST.