.Union Money Official Nirmala Sitharaman3 min read through Last Upgraded: Aug 28 2024|12:15 AM IST.On the eve of the 10th wedding anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Financial Minister Nirmala Sitharaman announced that the government targets to open up over 30 thousand brand-new PMJDY accounts during 2024-25.Rundown press reporters, Sitharaman revealed that as of August 14, 2024, a total amount of 531.3 million Jan-Dhan profiles have actually levelled due to the fact that the program's launch a decade ago, with an advancing down payment difference of Rs 2.3 mountain.The average balance every account has raised coming from Rs 1,065 in March 2015 to Rs 4,352 since August 16, 2024. About 80 percent of these profiles are presently energetic." PMJDY has played an important duty during the widespread, particularly for women," said Sitharaman.Even with the allowance for zero equilibrium and the lack of a minimal equilibrium criteria, simply 8.4 percent of the accounts sustain an absolutely no harmony. The program has been specifically helpful in rural as well as semi-urban locations, where 66.6 per cent of the profiles lie.Since August 14, 2024, ladies account owners stand for 55.6 per cent of the total profiles, totaling up to 295.6 thousand accounts, depending on to the Ministry of Money.
Currently, 99.95 percent of all lived in towns have financial locations available within a 5-kilometre radius with various touchpoints, featuring banking company branches, automated teller makers, banking reporters, and also India Message Payments Financial Institution.As of August 14, 2024, there more than 1.73 billion personnel CASA (current account savings account) accounts in the nation, featuring more than 530 million important PMJDY profiles.Concerning social surveillance plans, Sitharaman highlighted that over 200 thousand increasing enrolments have delivered life insurance protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with an annual premium of Rs 436.Additionally, over 450 million advancing enrolments have actually used one-year unexpected cover of Rs 2 lakh (for death or even long-term total special needs) and also Rs 1 lakh (for long-lasting partial impairment) under the Pradhan Mantri Suraksha Bima Yojana, along with a superior of Rs twenty yearly.The Atal Pension account Yojana has actually enrolled over 68 thousand subscribers.In terms of credit-linked schemes, Sitharaman mentioned that under the Pradhan Mantri Mudra Yojana, 489.2 million collective finances amounting to Rs 29.93 mountain (as of July 12, 2024) have actually been approved to deliver collateral-free institutional finance to mini and small business systems approximately Rs 10 lakh for income-generating tasks.Under the Stand India System, 236,000 collective car loans amounting to Rs 53,609 crore (as of July 15, 2024) have been approved to Scheduled Caste, Scheduled Tribe, as well as ladies business owners for putting together greenfield ventures.In addition, the Pradhan Mantri SVANidhi scheme has approved car loans worth Rs 12,630 crore to 6.52 million street vendors since August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) released on August 28, 2014.u00b7 PMJDY collective down payment balance of Rs 2.3 trillion.u00b7 There are over 1.73 billion personnel CASA profiles.u00b7 Girls account holders comprise 55.6% of total profiles.Very First Published: Aug 27 2024|9:37 PM IST.