.Union Money Management Official Nirmala Sitharaman3 min reviewed Last Improved: Aug 28 2024|12:15 AM IST.On the eve of the 10th wedding anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Financing Minister Nirmala Sitharaman introduced that the authorities intends to open over 30 million brand-new PMJDY accounts throughout 2024-25.Instruction media reporters, Sitharaman revealed that as of August 14, 2024, a total of 531.3 million Jan-Dhan profiles have actually levelled since the system’s launch a many years ago, with a cumulative deposit difference of Rs 2.3 trillion.The average balance every account has improved from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Roughly 80 per-cent of these accounts are actually presently energetic.” PMJDY has actually participated in an important task throughout the widespread, particularly for girls,” claimed Sitharaman.In spite of the allowance for no harmony and the lack of a minimum balance criteria, merely 8.4 per-cent of the accounts keep a no balance. The plan has been specifically effective in country and semi-urban regions, where 66.6 per-cent of the profiles lie.As of August 14, 2024, ladies account owners embody 55.6 per cent of the complete profiles, totaling up to 295.6 thousand profiles, according to the Department of Money.
Currently, 99.95 per-cent of all lived in towns have financial centers accessible within a 5-kilometre distance through different touchpoints, featuring bank branches, automated cashier equipments, banking correspondents, and India Article Payments Financial Institution.As of August 14, 2024, there are over 1.73 billion surgical CASA (current account interest-bearing account) profiles in the nation, consisting of more than 530 thousand operative PMJDY accounts.Concerning social surveillance systems, Sitharaman highlighted that over 200 million advancing enrolments have actually provided life insurance policy coverage of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, with an annual fee of Rs 436.Also, over 450 million increasing enrolments have supplied one-year unintended cover of Rs 2 lakh (for fatality or long-term total disability) as well as Rs 1 lakh (for long-lasting limited disability) under the Pradhan Mantri Suraksha Bima Yojana, along with a premium of Rs twenty per year.The Atal Pension plan Yojana has actually enrolled over 68 million users.In terms of credit-linked plans, Sitharaman stated that under the Pradhan Mantri Mudra Yojana, 489.2 million cumulative lendings amounting to Rs 29.93 trillion (since July 12, 2024) have been allowed to provide collateral-free institutional financial to mini as well as business devices approximately Rs 10 lakh for income-generating tasks.Under the Stand Up India System, 236,000 cumulative car loans totting Rs 53,609 crore (since July 15, 2024) have actually been sanctioned to Planned Caste, Scheduled Tribe, and also women entrepreneurs for putting together greenfield tasks.Furthermore, the Pradhan Mantri SVANidhi scheme has actually allowed finances worth Rs 12,630 crore to 6.52 thousand street merchants as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) launched on August 28, 2014.u00b7 PMJDY advancing deposit balance of Rs 2.3 trillion.u00b7 There are over 1.73 billion surgical CASA profiles.u00b7 Females account holders make up 55.6% of complete profiles.First Published: Aug 27 2024|9:37 PM IST.