.Union Money Management Minister Nirmala Sitharaman3 min read Final Upgraded: Aug 28 2024|12:15 AM IST.On the eve of the 10th wedding anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Money Official Nirmala Sitharaman introduced that the authorities aims to open over 30 million new PMJDY profiles during 2024-25.Briefing press reporters, Sitharaman unveiled that as of August 14, 2024, a total of 531.3 million Jan-Dhan accounts have actually been opened because the plan's launch a years ago, with a cumulative deposit remainder of Rs 2.3 mountain.The typical difference per profile has raised coming from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Roughly 80 percent of these profiles are presently active." PMJDY has played a vital function in the course of the pandemic, particularly for females," mentioned Sitharaman.In spite of the allotment for absolutely no balance as well as the absence of a minimum equilibrium demand, only 8.4 per cent of the profiles keep an absolutely no balance. The program has actually been specifically effective in rural as well as semi-urban areas, where 66.6 percent of the accounts are located.Since August 14, 2024, women account owners work with 55.6 per cent of the complete profiles, totaling up to 295.6 million profiles, according to the Ministry of Finance.
Presently, 99.95 percent of all dwelled villages possess banking facilities offered within a 5-kilometre span with various touchpoints, consisting of banking company branches, automated teller machines, banking reporters, and India Blog Post Payments Bank.Since August 14, 2024, there end 1.73 billion surgical CASA (bank account savings account) profiles in the country, featuring more than 530 million personnel PMJDY profiles.Pertaining to social safety and security schemes, Sitharaman highlighted that over 200 million cumulative enrolments have supplied life insurance protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with an annual superior of Rs 436.Additionally, over 450 million cumulative enrolments have delivered 1 year accidental cover of Rs 2 lakh (for fatality or even permanent overall special needs) and Rs 1 lakh (for long-term limited disability) under the Pradhan Mantri Suraksha Bima Yojana, along with a premium of Rs twenty each year.The Atal Pension account Yojana has actually enrolled over 68 thousand clients.In relations to credit-linked schemes, Sitharaman mentioned that under the Pradhan Mantri Mudra Yojana, 489.2 million collective financings totaling up to Rs 29.93 trillion (since July 12, 2024) have actually been approved to give collateral-free institutional money management to micro and also small business devices as much as Rs 10 lakh for income-generating activities.Under the Stand India Program, 236,000 collective lendings totalling Rs 53,609 crore (as of July 15, 2024) have actually been approved to Booked Caste, Scheduled Group, and women business owners for putting together greenfield jobs.Additionally, the Pradhan Mantri SVANidhi system has actually sanctioned car loans worth Rs 12,630 crore to 6.52 thousand street providers since August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) introduced on August 28, 2014.u00b7 PMJDY collective deposit remainder of Rs 2.3 trillion.u00b7 There more than 1.73 billion surgical CASA accounts.u00b7 Women account holders make up 55.6% of overall accounts.Initial Posted: Aug 27 2024|9:37 PM IST.