.Union Financing Minister Nirmala Sitharaman3 minutes reviewed 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 Finance Minister Nirmala Sitharaman introduced that the government targets to open over 30 thousand brand-new PMJDY profiles in the course of 2024-25.Instruction press reporters, Sitharaman unveiled that as of August 14, 2024, a total amount of 531.3 thousand Jan-Dhan accounts have levelled considering that the system’s launch a decade back, along with a cumulative down payment balance of Rs 2.3 trillion.The average remainder every account has enhanced coming from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Approximately 80 per-cent of these profiles are actually currently active.” PMJDY has participated in a crucial task throughout the astronomical, especially for girls,” claimed Sitharaman.Despite the allowance for zero harmony and also the absence of a minimum harmony criteria, merely 8.4 per cent of the accounts maintain a no balance. The program has been especially effective in rural and semi-urban places, where 66.6 per-cent of the accounts lie.Since August 14, 2024, ladies account holders embody 55.6 per-cent of the complete profiles, totaling up to 295.6 million profiles, depending on to the Ministry of Financial.
Currently, 99.95 per-cent of all settled towns possess banking locations on call within a 5-kilometre distance via several touchpoints, including bank branches, automated bank employee machines, financial reporters, and India Message Settlements Bank.Since August 14, 2024, there more than 1.73 billion important CASA (bank account savings account) accounts in the nation, featuring much more than 530 thousand important PMJDY accounts.Pertaining to social safety and security schemes, Sitharaman highlighted that over 200 million collective enrolments have actually offered life insurance policy protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, with an annual fee of Rs 436.Furthermore, over 450 million cumulative enrolments have used one-year unintentional cover of Rs 2 lakh (for death or even long-lasting complete handicap) as well as Rs 1 lakh (for irreversible limited impairment) under the Pradhan Mantri Suraksha Bima Yojana, along with a fee of Rs 20 each year.The Atal Pension account Yojana has actually enrolled over 68 thousand users.In terms of credit-linked systems, Sitharaman stated that under the Pradhan Mantri Mudra Yojana, 489.2 thousand increasing loans totaling up to Rs 29.93 trillion (since July 12, 2024) have been accredited to offer collateral-free institutional finance to mini and small business units around Rs 10 lakh for income-generating activities.Under the Rise India System, 236,000 advancing fundings totting Rs 53,609 crore (since July 15, 2024) have actually been actually sanctioned to Arranged Caste, Scheduled People, and girls entrepreneurs for setting up greenfield projects.In addition, the Pradhan Mantri SVANidhi plan has actually approved car loans worth Rs 12,630 crore to 6.52 thousand street merchants as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) introduced on August 28, 2014.u00b7 PMJDY cumulative deposit difference of Rs 2.3 trillion.u00b7 There end 1.73 billion personnel CASA profiles.u00b7 Ladies account owners comprise 55.6% of complete profiles.Initial Posted: Aug 27 2024|9:37 PM IST.