.Union Money Administrator Nirmala Sitharaman3 min reviewed Last Upgraded: Aug 28 2024|12:15 AM IST.On the eve of the 10th anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Money Administrator Nirmala Sitharaman revealed that the federal government targets to open over 30 thousand new PMJDY accounts during the course of 2024-25.Rundown media reporters, Sitharaman revealed that as of August 14, 2024, a total of 531.3 million Jan-Dhan profiles have been opened due to the fact that the system's launch a years ago, with a collective down payment remainder of Rs 2.3 mountain.The typical difference per profile has enhanced from Rs 1,065 in March 2015 to Rs 4,352 since August 16, 2024. Around 80 per-cent of these accounts are currently energetic." PMJDY has participated in a critical task during the course of the pandemic, especially for women," stated Sitharaman.Even with the allocation for zero equilibrium as well as the lack of a minimal harmony criteria, merely 8.4 per-cent of the accounts maintain a zero balance. The plan has been actually particularly effective in non-urban and also semi-urban areas, where 66.6 per cent of the accounts lie.As of August 14, 2024, ladies account holders work with 55.6 per-cent of the complete accounts, amounting to 295.6 million accounts, depending on to the Administrative agency of Financing.
Presently, 99.95 per cent of all dwelled villages possess banking facilities available within a 5-kilometre radius with different touchpoints, including bank divisions, automated cashier devices, financial correspondents, and also India Blog Post Settlements Financial Institution.Since August 14, 2024, there are over 1.73 billion operative CASA (bank account interest-bearing account) accounts in the nation, featuring much more than 530 thousand surgical PMJDY accounts.Regarding social protection systems, Sitharaman highlighted that over 200 million increasing enrolments have actually provided life insurance policy protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with a yearly premium of Rs 436.In addition, over 450 thousand cumulative enrolments have actually provided 1 year unintentional cover of Rs 2 lakh (for death or irreversible complete impairment) and also Rs 1 lakh (for long-lasting limited special needs) under the Pradhan Mantri Suraksha Bima Yojana, with a costs of Rs 20 annually.The Atal Pension Yojana has signed up over 68 thousand subscribers.In terms of credit-linked schemes, Sitharaman reported that under the Pradhan Mantri Mudra Yojana, 489.2 million collective finances amounting to Rs 29.93 mountain (since July 12, 2024) have actually been accredited to supply collateral-free institutional financing to small and also business systems up to Rs 10 lakh for income-generating tasks.Under the Stand Up India Plan, 236,000 collective fundings amounting to Rs 53,609 crore (as of July 15, 2024) have actually been actually sanctioned to Booked Caste, Scheduled Group, and also women entrepreneurs for putting together greenfield jobs.Additionally, the Pradhan Mantri SVANidhi program has accredited car loans worth Rs 12,630 crore to 6.52 million road sellers since August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) introduced on August 28, 2014.u00b7 PMJDY advancing down payment remainder of Rs 2.3 trillion.u00b7 There are over 1.73 billion surgical CASA profiles.u00b7 Females account owners make up 55.6% of total accounts.1st Published: Aug 27 2024|9:37 PM IST.