.Union Money Management Official Nirmala Sitharaman3 minutes checked out Final Updated: 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 announced that the federal government targets to open over 30 million brand-new PMJDY accounts during 2024-25.Rundown press reporters, Sitharaman unveiled that since August 14, 2024, a total of 531.3 thousand Jan-Dhan accounts have levelled considering that the plan's launch a decade earlier, with a cumulative down payment balance of Rs 2.3 mountain.The ordinary balance per profile has increased coming from Rs 1,065 in March 2015 to Rs 4,352 since August 16, 2024. About 80 per-cent of these accounts are presently active." PMJDY has actually played a vital job throughout the pandemic, especially for girls," stated Sitharaman.Despite the allocation for zero harmony and also the absence of a minimum balance need, merely 8.4 per cent of the profiles sustain a no balance. The program has been especially successful in non-urban as well as semi-urban areas, where 66.6 percent of the accounts are located.As of August 14, 2024, ladies account owners stand for 55.6 per-cent of the overall accounts, amounting to 295.6 million profiles, depending on to the Department of Money management.
Currently, 99.95 per cent of all occupied villages have banking centers offered within a 5-kilometre span with several touchpoints, consisting of financial institution divisions, automated cashier machines, banking correspondents, and India Article Remittances Financial Institution.Since August 14, 2024, there are over 1.73 billion operative CASA (bank account interest-bearing account) profiles in the country, featuring much more than 530 thousand personnel PMJDY accounts.Regarding social protection plans, Sitharaman highlighted that over 200 million increasing enrolments have supplied life insurance policy protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with an annual costs of Rs 436.Additionally, over 450 thousand advancing enrolments have given 1 year unintentional cover of Rs 2 lakh (for death or even permanent total handicap) and also Rs 1 lakh (for long-lasting partial disability) under the Pradhan Mantri Suraksha Bima Yojana, along with a premium of Rs 20 each year.The Atal Pension Yojana has actually registered over 68 thousand customers.In relations to credit-linked programs, Sitharaman mentioned that under the Pradhan Mantri Mudra Yojana, 489.2 thousand collective fundings totaling up to Rs 29.93 mountain (as of July 12, 2024) have been actually approved to deliver collateral-free institutional finance to micro and business units approximately Rs 10 lakh for income-generating activities.Under the Stand Up India Scheme, 236,000 collective fundings totalling Rs 53,609 crore (since July 15, 2024) have been actually sanctioned to Scheduled Caste, Scheduled Group, and ladies entrepreneurs for putting together greenfield jobs.Furthermore, the Pradhan Mantri SVANidhi program has actually sanctioned lendings worth Rs 12,630 crore to 6.52 million street suppliers as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) introduced on August 28, 2014.u00b7 PMJDY collective down payment remainder of Rs 2.3 trillion.u00b7 There end 1.73 billion personnel CASA accounts.u00b7 Ladies account holders make up 55.6% of complete profiles.Very First Released: Aug 27 2024|9:37 PM IST.