.Union Finance Official Nirmala Sitharaman3 min checked out Last Updated: Aug 28 2024|12:15 AM IST.On the eve of the 10th wedding anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Financing Official Nirmala Sitharaman revealed that the authorities aims to open over 30 million new PMJDY profiles in the course of 2024-25.Rundown media reporters, Sitharaman unveiled that since August 14, 2024, a total amount of 531.3 million Jan-Dhan accounts have actually levelled due to the fact that the system’s launch a decade ago, along with a cumulative deposit balance of Rs 2.3 mountain.The ordinary remainder every account has raised 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 energetic.” PMJDY has actually played an important task throughout the astronomical, specifically for women,” mentioned Sitharaman.Despite the allocation for zero harmony and also the absence of a minimum equilibrium demand, merely 8.4 per cent of the accounts preserve an absolutely no equilibrium. The plan has actually been particularly efficient in rural and also semi-urban regions, where 66.6 per-cent of the profiles lie.Since August 14, 2024, girls account owners exemplify 55.6 per cent of the overall accounts, amounting to 295.6 million profiles, depending on to the Administrative agency of Money management.
Presently, 99.95 per cent of all resided villages have banking resources offered within a 5-kilometre radius via various touchpoints, consisting of bank branches, automated cashier machines, financial correspondents, and also India Article Settlements Financial Institution.As of August 14, 2024, there more than 1.73 billion personnel CASA (current account interest-bearing account) profiles in the nation, including greater than 530 thousand important PMJDY accounts.Concerning social protection programs, Sitharaman highlighted that over 200 thousand cumulative enrolments have actually supplied life insurance coverage of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, with an annual superior of Rs 436.Also, over 450 thousand cumulative enrolments have actually offered one-year unintentional cover of Rs 2 lakh (for fatality or even long-lasting complete disability) as well as Rs 1 lakh (for irreversible partial special needs) under the Pradhan Mantri Suraksha Bima Yojana, with a fee of Rs twenty annually.The Atal Pension plan Yojana has signed up over 68 thousand users.In terms of credit-linked programs, Sitharaman reported that under the Pradhan Mantri Mudra Yojana, 489.2 thousand increasing loans totaling up to Rs 29.93 mountain (as of July 12, 2024) have been approved to supply collateral-free institutional finance to micro and also local business units as much as Rs 10 lakh for income-generating tasks.Under the Stand India Program, 236,000 cumulative loans completing Rs 53,609 crore (since July 15, 2024) have been allowed to Scheduled Caste, Scheduled Tribe, and ladies business people for putting together greenfield ventures.Additionally, the Pradhan Mantri SVANidhi program has actually approved fundings worth Rs 12,630 crore to 6.52 million road vendors since August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) released on August 28, 2014.u00b7 PMJDY collective deposit balance of Rs 2.3 trillion.u00b7 There more than 1.73 billion important CASA profiles.u00b7 Females account holders consist of 55.6% of overall profiles.1st Posted: Aug 27 2024|9:37 PM IST.