.Union Finance Official Nirmala Sitharaman3 minutes read Final Upgraded: Aug 28 2024|12:15 AM IST.On the eve of the 10th anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Financial Administrator Nirmala Sitharaman introduced that the government strives to open up over 30 thousand new PMJDY profiles during 2024-25.Instruction media reporters, Sitharaman revealed that since August 14, 2024, a total amount of 531.3 thousand Jan-Dhan accounts have levelled because the plan's launch a years back, with an increasing down payment remainder of Rs 2.3 mountain.The normal balance per profile has actually boosted coming from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. About 80 per cent of these accounts are currently energetic." PMJDY has played a crucial job in the course of the pandemic, especially for women," said Sitharaman.In spite of the allotment for absolutely no harmony and also the lack of a minimal harmony criteria, only 8.4 percent of the accounts maintain a no harmony. The program has been especially reliable in non-urban and semi-urban locations, where 66.6 percent of the accounts are located.As of August 14, 2024, women account owners work with 55.6 per cent of the overall accounts, totaling up to 295.6 thousand profiles, according to the Administrative agency of Money.
Currently, 99.95 percent of all settled villages possess financial centers accessible within a 5-kilometre radius through numerous touchpoints, featuring banking company branches, automated teller equipments, banking correspondents, and India Message Repayments Bank.As of August 14, 2024, there end 1.73 billion important CASA (bank account interest-bearing account) accounts in the country, consisting of much more than 530 million surgical PMJDY accounts.Pertaining to social protection programs, Sitharaman highlighted that over 200 thousand advancing enrolments have supplied life insurance 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 cumulative enrolments have actually provided one-year accidental cover of Rs 2 lakh (for fatality or even long-lasting complete handicap) and also Rs 1 lakh (for long-lasting partial special needs) under the Pradhan Mantri Suraksha Bima Yojana, with a costs of Rs twenty per year.The Atal Pension account Yojana has actually registered over 68 million clients.In terms of credit-linked plans, Sitharaman stated that under the Pradhan Mantri Mudra Yojana, 489.2 thousand increasing loans amounting to Rs 29.93 trillion (as of July 12, 2024) have been sanctioned to deliver collateral-free institutional finance to micro and also local business systems approximately Rs 10 lakh for income-generating tasks.Under the Rise India Plan, 236,000 cumulative loans amounting to Rs 53,609 crore (since July 15, 2024) have actually been actually allowed to Scheduled Caste, Scheduled Group, as well as females business people for putting together greenfield tasks.Furthermore, the Pradhan Mantri SVANidhi program has actually approved lendings worth Rs 12,630 crore to 6.52 million street merchants since August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) launched on August 28, 2014.u00b7 PMJDY cumulative down payment remainder of Rs 2.3 mountain.u00b7 There are over 1.73 billion operative CASA accounts.u00b7 Women account owners make up 55.6% of total profiles.1st Published: Aug 27 2024|9:37 PM IST.