.Union Money Minister Nirmala Sitharaman3 min reviewed Last 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 Minister Nirmala Sitharaman revealed that the authorities intends to open up over 30 million new PMJDY accounts during the course of 2024-25.Briefing reporters, Sitharaman revealed that since August 14, 2024, a total amount of 531.3 million Jan-Dhan profiles have actually levelled since the program's launch a years ago, along with a cumulative down payment difference of Rs 2.3 trillion.The average balance every profile has enhanced from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. About 80 per-cent of these profiles are presently active." PMJDY has actually participated in an essential job throughout the global, particularly for ladies," stated Sitharaman.Regardless of the allocation for absolutely no equilibrium and the lack of a minimum balance requirement, just 8.4 per-cent of the profiles sustain an absolutely no balance. The system has actually been actually particularly helpful in country as well as semi-urban locations, where 66.6 per cent of the accounts are located.Since August 14, 2024, ladies account holders stand for 55.6 per cent of the overall accounts, amounting to 295.6 thousand accounts, depending on to the Administrative agency of Finance.
Currently, 99.95 per cent of all populated villages have financial centers accessible within a 5-kilometre distance by means of a variety of touchpoints, consisting of bank branches, automated cashier devices, financial contributors, as well as India Blog Post Repayments Financial Institution.As of August 14, 2024, there end 1.73 billion surgical CASA (current account savings account) accounts in the country, featuring much more than 530 million surgical PMJDY profiles.Relating to social security schemes, Sitharaman highlighted that over 200 million collective enrolments have supplied life insurance protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, with a yearly fee of Rs 436.In addition, over 450 million collective enrolments have actually given 1 year accidental cover of Rs 2 lakh (for death or long-term overall disability) as well as Rs 1 lakh (for permanent partial disability) under the Pradhan Mantri Suraksha Bima Yojana, with a superior of Rs twenty per year.The Atal Pension plan Yojana has registered over 68 million subscribers.In regards to credit-linked schemes, Sitharaman stated that under the Pradhan Mantri Mudra Yojana, 489.2 million increasing car loans totaling up to Rs 29.93 mountain (since July 12, 2024) have been actually sanctioned to provide collateral-free institutional financial to mini and small business units up to Rs 10 lakh for income-generating activities.Under the Stand India Scheme, 236,000 cumulative car loans totalling Rs 53,609 crore (since July 15, 2024) have actually been accredited to Planned Caste, Scheduled Group, as well as women business owners for putting together greenfield tasks.Furthermore, the Pradhan Mantri SVANidhi program has accredited fundings worth Rs 12,630 crore to 6.52 million road providers as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) released on August 28, 2014.u00b7 PMJDY increasing down payment difference of Rs 2.3 mountain.u00b7 There are over 1.73 billion operative CASA profiles.u00b7 Females account holders comprise 55.6% of overall profiles.Initial Posted: Aug 27 2024|9:37 PM IST.