.Union Money Administrator Nirmala Sitharaman3 min went through Final Upgraded: Aug 28 2024|12:15 AM IST.On the eve of the 10th wedding anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Financial Administrator Nirmala Sitharaman declared that the authorities intends to open over 30 million new PMJDY accounts during the course of 2024-25.Briefing media reporters, Sitharaman revealed that since August 14, 2024, a total of 531.3 million Jan-Dhan profiles have been opened since the program's launch a years ago, with a collective down payment balance of Rs 2.3 trillion.The common remainder every account has boosted from Rs 1,065 in March 2015 to Rs 4,352 since August 16, 2024. Around 80 per cent of these profiles are presently energetic." PMJDY has actually participated in an essential task in the course of the widespread, especially for women," said Sitharaman.In spite of the allocation for zero equilibrium and the absence of a minimum harmony requirement, merely 8.4 percent of the profiles keep an absolutely no harmony. The scheme has actually been particularly effective in country and semi-urban locations, where 66.6 per-cent of the accounts lie.As of August 14, 2024, girls account holders embody 55.6 percent of the complete profiles, totaling up to 295.6 million accounts, according to the Department of Money management.
Currently, 99.95 percent of all settled towns have financial centers readily available within a 5-kilometre span through numerous touchpoints, featuring financial institution divisions, automated bank clerk machines, financial contributors, and also India Post Payments Banking Company.As of August 14, 2024, there are over 1.73 billion important CASA (bank account interest-bearing account) accounts in the nation, consisting of more than 530 thousand personnel PMJDY accounts.Concerning social safety and security systems, Sitharaman highlighted that over 200 million collective enrolments have actually supplied life insurance policy coverage of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, with a yearly superior of Rs 436.In addition, over 450 thousand advancing enrolments have delivered one-year unintended cover of Rs 2 lakh (for death or even long-term total disability) and Rs 1 lakh (for permanent partial handicap) under the Pradhan Mantri Suraksha Bima Yojana, along with a premium of Rs twenty annually.The Atal Pension Yojana has enrolled over 68 million customers.In terms of credit-linked programs, Sitharaman mentioned that under the Pradhan Mantri Mudra Yojana, 489.2 million increasing car loans amounting to Rs 29.93 trillion (since July 12, 2024) have been approved to give collateral-free institutional finance to small and also business systems around Rs 10 lakh for income-generating activities.Under the Stand Up India Program, 236,000 cumulative fundings amounting to Rs 53,609 crore (since July 15, 2024) have actually been sanctioned to Set up Caste, Scheduled Tribe, and also girls business people for establishing greenfield ventures.Also, the Pradhan Mantri SVANidhi program has accredited lendings worth Rs 12,630 crore to 6.52 thousand street sellers as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) launched on August 28, 2014.u00b7 PMJDY collective down payment remainder of Rs 2.3 trillion.u00b7 There are over 1.73 billion personnel CASA profiles.u00b7 Girls account holders comprise 55.6% of overall profiles.1st Posted: Aug 27 2024|9:37 PM IST.