.Union Financial Minister Nirmala Sitharaman3 minutes reviewed Final Updated: Aug 28 2024|12:15 AM IST.On the eve of the 10th anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Money Management Administrator Nirmala Sitharaman revealed that the government aims to open over 30 thousand new PMJDY profiles throughout 2024-25.Rundown reporters, Sitharaman unveiled that since August 14, 2024, an overall of 531.3 thousand Jan-Dhan profiles have actually levelled because the plan's launch a decade ago, with a collective down payment balance of Rs 2.3 trillion.The typical difference every account has actually enhanced coming from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. About 80 per-cent of these accounts are actually currently active." PMJDY has participated in a vital duty during the course of the global, specifically for women," said Sitharaman.Despite the allocation for no harmony as well as the lack of a minimal balance criteria, simply 8.4 per cent of the profiles preserve a zero balance. The program has actually been actually particularly successful in country as well as semi-urban places, where 66.6 per-cent of the profiles lie.As of August 14, 2024, women account owners exemplify 55.6 per cent of the total profiles, totaling up to 295.6 thousand accounts, according to the Ministry of Finance.
Presently, 99.95 percent of all populated villages possess financial facilities readily available within a 5-kilometre span through different touchpoints, featuring banking company branches, automated bank clerk devices, financial reporters, and India Article Repayments Financial Institution.Since August 14, 2024, there are over 1.73 billion important CASA (current account money market account) profiles in the country, consisting of greater than 530 million surgical PMJDY accounts.Regarding social safety and security systems, Sitharaman highlighted that over 200 thousand advancing enrolments have supplied life insurance policy coverage of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with an annual superior of Rs 436.Additionally, over 450 thousand increasing enrolments have actually given 1 year unintended cover of Rs 2 lakh (for death or permanent overall handicap) and Rs 1 lakh (for irreversible partial impairment) under the Pradhan Mantri Suraksha Bima Yojana, along with a superior of Rs 20 yearly.The Atal Pension account Yojana has enrolled over 68 million customers.In terms of credit-linked programs, Sitharaman disclosed that under the Pradhan Mantri Mudra Yojana, 489.2 thousand advancing finances totaling up to Rs 29.93 mountain (since July 12, 2024) have actually been approved to provide collateral-free institutional financing to mini and small business systems approximately Rs 10 lakh for income-generating activities.Under the Stand India System, 236,000 collective car loans totting Rs 53,609 crore (since July 15, 2024) have been actually sanctioned to Booked Caste, Scheduled People, as well as women entrepreneurs for setting up greenfield jobs.Also, the Pradhan Mantri SVANidhi program has actually sanctioned fundings worth Rs 12,630 crore to 6.52 thousand road merchants since August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) introduced on August 28, 2014.u00b7 PMJDY advancing deposit remainder of Rs 2.3 trillion.u00b7 There more than 1.73 billion personnel CASA profiles.u00b7 Females account owners make up 55.6% of total accounts.1st Released: Aug 27 2024|9:37 PM IST.