.Union Money Management Minister Nirmala Sitharaman3 min read 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 Money Management Minister Nirmala Sitharaman revealed that the authorities aims to open up over 30 thousand brand new PMJDY accounts in the course of 2024-25.Briefing reporters, Sitharaman revealed that as of August 14, 2024, an overall of 531.3 million Jan-Dhan accounts have levelled because the program’s launch a many years back, along with a cumulative deposit balance of Rs 2.3 trillion.The ordinary difference every profile has boosted from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Around 80 percent of these accounts are actually currently active.” PMJDY has actually played a crucial role throughout the widespread, especially for females,” mentioned Sitharaman.Even with the allocation for absolutely no equilibrium as well as the absence of a minimum equilibrium demand, just 8.4 per-cent of the accounts maintain a no balance. The program has actually been actually particularly efficient in rural as well as semi-urban regions, where 66.6 per cent of the accounts lie.Since August 14, 2024, women account owners embody 55.6 percent of the complete profiles, totaling up to 295.6 thousand accounts, depending on to the Department of Financing.
Presently, 99.95 per cent of all resided towns possess financial resources offered within a 5-kilometre distance via a variety of touchpoints, including financial institution divisions, automated bank clerk devices, financial correspondents, and also India Blog Post Repayments Bank.As of August 14, 2024, there more than 1.73 billion operative CASA (bank account money market account) accounts in the country, including much more than 530 thousand surgical PMJDY profiles.Concerning social security schemes, Sitharaman highlighted that over 200 thousand increasing enrolments have actually provided life insurance protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, with an annual costs of Rs 436.In addition, over 450 thousand advancing enrolments have given 1 year unintended cover of Rs 2 lakh (for fatality or even permanent overall impairment) and Rs 1 lakh (for long-lasting limited impairment) under the Pradhan Mantri Suraksha Bima Yojana, along with a costs of Rs twenty yearly.The Atal Pension plan Yojana has registered over 68 thousand users.In relations to credit-linked schemes, Sitharaman stated that under the Pradhan Mantri Mudra Yojana, 489.2 million collective finances totaling up to Rs 29.93 mountain (since July 12, 2024) have actually been actually accredited to supply collateral-free institutional finance to small as well as local business devices around Rs 10 lakh for income-generating activities.Under the Stand India Plan, 236,000 collective financings amounting to Rs 53,609 crore (as of July 15, 2024) have been sanctioned to Set up Caste, Scheduled Tribe, and females entrepreneurs for establishing greenfield jobs.Additionally, the Pradhan Mantri SVANidhi program has actually sanctioned finances worth Rs 12,630 crore to 6.52 million street vendors since August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) introduced on August 28, 2014.u00b7 PMJDY cumulative down payment remainder of Rs 2.3 trillion.u00b7 There more than 1.73 billion operative CASA accounts.u00b7 Women account holders comprise 55.6% of total accounts.Initial Published: Aug 27 2024|9:37 PM IST.