.Union Money Management Minister Nirmala Sitharaman3 minutes read Final Updated: Aug 28 2024|12:15 AM IST.On the eve of the 10th anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Finance Administrator Nirmala Sitharaman introduced that the federal government intends to open up over 30 million brand-new PMJDY profiles in the course of 2024-25.Instruction reporters, Sitharaman unveiled that since August 14, 2024, a total amount of 531.3 million Jan-Dhan profiles have actually levelled since the plan's launch a decade earlier, along with a cumulative down payment difference of Rs 2.3 mountain.The ordinary remainder per profile has actually increased coming from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Approximately 80 percent of these profiles are presently active." PMJDY has actually played a crucial task throughout the widespread, specifically for ladies," pointed out Sitharaman.Despite the allowance for absolutely no equilibrium as well as the lack of a minimal balance requirement, simply 8.4 per cent of the profiles maintain a zero harmony. The scheme has been actually particularly helpful in non-urban and also semi-urban regions, where 66.6 per cent of the profiles are located.As of August 14, 2024, ladies account owners stand for 55.6 per cent of the complete profiles, amounting to 295.6 thousand accounts, depending on to the Administrative agency of Money management.
Currently, 99.95 percent of all inhabited villages have banking centers available within a 5-kilometre distance through numerous touchpoints, featuring bank branches, automated bank employee equipments, financial correspondents, as well as India Post Payments Bank.Since August 14, 2024, there end 1.73 billion surgical CASA (current account savings account) accounts in the nation, featuring more than 530 million surgical PMJDY profiles.Relating to social security systems, Sitharaman highlighted that over 200 million cumulative enrolments have supplied life insurance policy coverage of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, with an annual costs of Rs 436.Also, over 450 million cumulative enrolments have actually given one-year unintended cover of Rs 2 lakh (for fatality or long-lasting total handicap) and Rs 1 lakh (for permanent limited special needs) under the Pradhan Mantri Suraksha Bima Yojana, with a fee of Rs twenty yearly.The Atal Pension account Yojana has signed up over 68 thousand subscribers.In terms of credit-linked systems, Sitharaman mentioned that under the Pradhan Mantri Mudra Yojana, 489.2 million cumulative finances totaling up to Rs 29.93 trillion (as of July 12, 2024) have been actually allowed to give collateral-free institutional money management to mini and small company devices approximately Rs 10 lakh for income-generating tasks.Under the Stand India Program, 236,000 increasing lendings completing Rs 53,609 crore (as of July 15, 2024) have been sanctioned to Arranged Caste, Scheduled Tribe, as well as girls business owners for setting up greenfield jobs.Also, the Pradhan Mantri SVANidhi scheme has accredited car loans worth Rs 12,630 crore to 6.52 million road providers since 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 important CASA profiles.u00b7 Women account holders comprise 55.6% of overall accounts.Initial Published: Aug 27 2024|9:37 PM IST.