.Union Money Management Minister Nirmala Sitharaman3 minutes checked out Last Updated: Aug 28 2024|12:15 AM IST.On the eve of the 10th anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Financial Official Nirmala Sitharaman announced that the authorities strives to open over 30 million new PMJDY profiles during 2024-25.Briefing reporters, Sitharaman unveiled that as of August 14, 2024, a total of 531.3 million Jan-Dhan profiles have been opened considering that the scheme’s launch a years earlier, with an advancing deposit remainder of Rs 2.3 mountain.The average balance per account has actually increased from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Around 80 per cent of these profiles are actually presently active.” PMJDY has actually participated in an essential job throughout the pandemic, particularly for females,” mentioned Sitharaman.Regardless of the allotment for no harmony and also the lack of a minimal balance requirement, just 8.4 per cent of the profiles preserve a no harmony. The program has been actually particularly effective in rural as well as semi-urban areas, where 66.6 per cent of the accounts lie.As of August 14, 2024, females account owners exemplify 55.6 per cent of the complete accounts, amounting to 295.6 million accounts, according to the Ministry of Finance.
Currently, 99.95 per-cent of all resided villages have banking centers available within a 5-kilometre distance with numerous touchpoints, featuring bank divisions, automated bank employee machines, financial reporters, and India Post Remittances Financial Institution.Since August 14, 2024, there are over 1.73 billion operative CASA (bank account savings account) accounts in the nation, including greater than 530 thousand operative PMJDY accounts.Relating to social surveillance schemes, Sitharaman highlighted that over 200 million collective enrolments have delivered life insurance coverage of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with a yearly fee of Rs 436.Also, over 450 million advancing enrolments have actually provided one-year unexpected cover of Rs 2 lakh (for fatality or even long-lasting overall impairment) and also Rs 1 lakh (for long-lasting limited special needs) under the Pradhan Mantri Suraksha Bima Yojana, along with a costs of Rs twenty each year.The Atal Pension plan Yojana has registered over 68 million clients.In regards to credit-linked systems, Sitharaman stated that under the Pradhan Mantri Mudra Yojana, 489.2 thousand advancing loans totaling up to Rs 29.93 trillion (as of July 12, 2024) have actually been accredited to provide collateral-free institutional financial to micro as well as business units as much as Rs 10 lakh for income-generating activities.Under the Stand India Program, 236,000 collective lendings totting Rs 53,609 crore (as of July 15, 2024) have been allowed to Scheduled Caste, Scheduled Tribe, and girls business owners for establishing greenfield projects.Additionally, the Pradhan Mantri SVANidhi system has approved fundings worth Rs 12,630 crore to 6.52 thousand street sellers as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) released on August 28, 2014.u00b7 PMJDY advancing deposit balance of Rs 2.3 mountain.u00b7 There are over 1.73 billion important CASA accounts.u00b7 Girls account owners comprise 55.6% of complete profiles.1st Posted: Aug 27 2024|9:37 PM IST.