.Union Finance Administrator Nirmala Sitharaman3 min checked out Last Improved: Aug 28 2024|12:15 AM IST.On the eve of the 10th wedding anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Money Management Minister Nirmala Sitharaman introduced that the authorities targets to open up over 30 million brand new PMJDY accounts in the course of 2024-25.Briefing reporters, Sitharaman revealed that as of August 14, 2024, a total amount of 531.3 million Jan-Dhan accounts have actually levelled since the scheme’s launch a decade ago, with an increasing down payment balance of Rs 2.3 mountain.The typical balance every profile has improved 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 active.” PMJDY has participated in a crucial duty in the course of the astronomical, specifically for girls,” mentioned Sitharaman.Despite the allocation for no equilibrium as well as the lack of a minimal equilibrium requirement, just 8.4 per cent of the accounts maintain an absolutely no balance. The plan has been especially efficient in rural and also semi-urban areas, where 66.6 per-cent of the accounts lie.As of August 14, 2024, girls account holders work with 55.6 per-cent of the complete accounts, amounting to 295.6 million accounts, depending on to the Administrative agency of Financial.
Currently, 99.95 percent of all occupied towns possess banking resources accessible within a 5-kilometre distance via several touchpoints, including bank branches, automated teller machines, banking correspondents, and India Article Payments Financial Institution.Since August 14, 2024, there are over 1.73 billion operative CASA (current account savings account) profiles in the nation, including much more than 530 thousand surgical PMJDY profiles.Regarding social safety systems, Sitharaman highlighted that over 200 million increasing enrolments have offered life insurance policy coverage of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, with an annual premium of Rs 436.Furthermore, over 450 million collective enrolments have actually delivered 1 year unintended cover of Rs 2 lakh (for death or long-term overall handicap) and also Rs 1 lakh (for long-term limited handicap) under the Pradhan Mantri Suraksha Bima Yojana, along with a premium of Rs twenty yearly.The Atal Pension Yojana has registered over 68 million customers.In relations to credit-linked programs, Sitharaman disclosed that under the Pradhan Mantri Mudra Yojana, 489.2 million cumulative financings amounting to Rs 29.93 mountain (since July 12, 2024) have actually been actually allowed to deliver collateral-free institutional finance to small as well as business units as much as Rs 10 lakh for income-generating tasks.Under the Stand India Program, 236,000 advancing loans totalling Rs 53,609 crore (since July 15, 2024) have actually been sanctioned to Booked Caste, Scheduled People, and also women business people for putting together greenfield jobs.Also, the Pradhan Mantri SVANidhi scheme has actually sanctioned finances worth Rs 12,630 crore to 6.52 million road suppliers since August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) introduced on August 28, 2014.u00b7 PMJDY collective down payment remainder of Rs 2.3 trillion.u00b7 There are over 1.73 billion operative CASA accounts.u00b7 Women account owners make up 55.6% of total accounts.Initial Posted: Aug 27 2024|9:37 PM IST.