.Union Financial Administrator Nirmala Sitharaman3 min read through Final Improved: Aug 28 2024|12:15 AM IST.On the eve of the 10th wedding anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Finance Official Nirmala Sitharaman announced that the authorities targets to open up over 30 thousand brand new PMJDY profiles during the course of 2024-25.Briefing media reporters, Sitharaman revealed that as of August 14, 2024, a total amount of 531.3 thousand Jan-Dhan profiles have been opened due to the fact that the scheme's launch a decade ago, along with a collective down payment balance of Rs 2.3 mountain.The ordinary difference per profile has improved coming from Rs 1,065 in March 2015 to Rs 4,352 since August 16, 2024. Roughly 80 per cent of these profiles are presently active." PMJDY has actually participated in a critical function during the pandemic, particularly for females," pointed out Sitharaman.In spite of the allowance for no equilibrium and also the absence of a minimum harmony criteria, merely 8.4 per-cent of the accounts sustain a zero balance. The plan has actually been actually particularly efficient in country and semi-urban places, where 66.6 per-cent of the profiles are located.As of August 14, 2024, females account holders stand for 55.6 per-cent of the complete accounts, totaling up to 295.6 thousand accounts, according to the Ministry of Money management.
Presently, 99.95 per-cent of all resided towns have financial locations accessible within a 5-kilometre radius with numerous touchpoints, featuring banking company branches, automated teller machines, financial correspondents, as well as India Message Repayments Banking Company.As of August 14, 2024, there more than 1.73 billion personnel CASA (bank account money market account) profiles in the nation, including much more than 530 thousand personnel PMJDY profiles.Pertaining to social safety and security plans, Sitharaman highlighted that over 200 thousand advancing 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.In addition, over 450 million increasing enrolments have supplied 1 year unintentional cover of Rs 2 lakh (for fatality or irreversible total disability) and also Rs 1 lakh (for long-lasting limited handicap) under the Pradhan Mantri Suraksha Bima Yojana, along with a fee of Rs 20 annually.The Atal Pension Yojana has actually enrolled over 68 thousand customers.In relations to credit-linked programs, Sitharaman disclosed that under the Pradhan Mantri Mudra Yojana, 489.2 million cumulative finances totaling up to Rs 29.93 trillion (since July 12, 2024) have been approved to provide collateral-free institutional financing to small and local business systems around Rs 10 lakh for income-generating tasks.Under the Stand Up India System, 236,000 cumulative car loans totting Rs 53,609 crore (as of July 15, 2024) have been accredited to Planned Caste, Scheduled People, and women business people for establishing greenfield tasks.Furthermore, the Pradhan Mantri SVANidhi plan has actually accredited financings worth Rs 12,630 crore to 6.52 thousand road providers as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) launched on August 28, 2014.u00b7 PMJDY cumulative down payment balance of Rs 2.3 mountain.u00b7 There are over 1.73 billion operative CASA profiles.u00b7 Females account owners consist of 55.6% of overall accounts.1st Posted: Aug 27 2024|9:37 PM IST.