.Union Money Management Minister Nirmala Sitharaman3 min read through 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 Administrator Nirmala Sitharaman introduced that the authorities aims to open up over 30 million brand-new PMJDY profiles during 2024-25.Briefing press reporters, Sitharaman revealed that since August 14, 2024, a total amount of 531.3 thousand Jan-Dhan profiles have actually levelled given that the system's launch a decade back, along with a collective deposit balance of Rs 2.3 trillion.The ordinary balance per account has raised from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Approximately 80 per-cent of these profiles are presently energetic." PMJDY has participated in a crucial task in the course of the global, particularly for women," stated Sitharaman.Even with the allowance for zero balance and also the lack of a minimum harmony need, just 8.4 percent of the profiles preserve an absolutely no equilibrium. The system has been especially efficient in country and also semi-urban locations, where 66.6 per-cent of the accounts lie.Since August 14, 2024, females account owners stand for 55.6 per cent of the overall accounts, amounting to 295.6 thousand profiles, according to the Ministry of Finance.
Currently, 99.95 per-cent of all resided towns have financial resources readily available within a 5-kilometre distance through a variety of touchpoints, including banking company divisions, automated cashier devices, financial reporters, and also India Message Remittances Banking Company.As of August 14, 2024, there end 1.73 billion important CASA (bank account money market account) accounts in the nation, featuring greater than 530 million surgical PMJDY accounts.Pertaining to social security plans, Sitharaman highlighted that over 200 thousand increasing enrolments have actually provided life insurance policy coverage of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, with an annual superior of Rs 436.Additionally, over 450 million advancing enrolments have actually given 1 year unintended cover of Rs 2 lakh (for fatality or even long-term total handicap) as well as Rs 1 lakh (for long-term limited impairment) under the Pradhan Mantri Suraksha Bima Yojana, along with a superior of Rs 20 annually.The Atal Pension Yojana has actually enrolled over 68 million users.In relations to credit-linked plans, Sitharaman mentioned 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 allowed to give collateral-free institutional financial to mini and local business devices up to Rs 10 lakh for income-generating tasks.Under the Stand Up India Plan, 236,000 advancing financings completing Rs 53,609 crore (since July 15, 2024) have been allowed to Arranged Caste, Scheduled Tribe, and girls business owners for putting together greenfield projects.Additionally, the Pradhan Mantri SVANidhi plan has actually sanctioned finances worth Rs 12,630 crore to 6.52 thousand street merchants as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) launched on August 28, 2014.u00b7 PMJDY collective down payment difference of Rs 2.3 mountain.u00b7 There are over 1.73 billion surgical CASA accounts.u00b7 Girls account holders comprise 55.6% of complete accounts.First Posted: Aug 27 2024|9:37 PM IST.