.Union Finance Minister Nirmala Sitharaman3 min read Last Updated: Aug 28 2024|12:15 AM IST.On the eve of the 10th wedding anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Financial Minister Nirmala Sitharaman declared that the authorities targets to open over 30 thousand new PMJDY accounts throughout 2024-25.Briefing press reporters, Sitharaman revealed that as of August 14, 2024, an overall of 531.3 million Jan-Dhan accounts have actually levelled because the system's launch a many years back, along with an increasing deposit balance of Rs 2.3 trillion.The typical difference per profile has actually boosted from Rs 1,065 in March 2015 to Rs 4,352 since August 16, 2024. Roughly 80 per-cent of these accounts are presently active." PMJDY has participated in a vital duty during the widespread, especially for girls," said Sitharaman.Despite the allowance for no harmony as well as the absence of a minimal equilibrium requirement, simply 8.4 percent of the profiles preserve a zero harmony. The system has been specifically helpful in non-urban and semi-urban regions, where 66.6 per cent of the accounts are located.Since August 14, 2024, females account holders represent 55.6 percent of the overall accounts, amounting to 295.6 thousand profiles, depending on to the Administrative agency of Financial.
Presently, 99.95 per cent of all inhabited communities possess financial centers readily available within a 5-kilometre span with numerous touchpoints, consisting of financial institution branches, automated bank clerk equipments, financial correspondents, and India Message Remittances Financial Institution.Since August 14, 2024, there are over 1.73 billion important CASA (bank account money market account) profiles in the nation, including more than 530 thousand surgical PMJDY profiles.Relating to social safety and security plans, Sitharaman highlighted that over 200 thousand cumulative enrolments have given life insurance policy protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with an annual premium of Rs 436.In addition, over 450 million cumulative enrolments have used one-year unintentional cover of Rs 2 lakh (for fatality or even permanent complete handicap) and also Rs 1 lakh (for long-term limited disability) under the Pradhan Mantri Suraksha Bima Yojana, along with a superior of Rs 20 each year.The Atal Pension account Yojana has actually signed up over 68 million customers.In relations to credit-linked systems, Sitharaman mentioned that under the Pradhan Mantri Mudra Yojana, 489.2 million increasing car loans totaling up to Rs 29.93 trillion (since July 12, 2024) have actually been accredited to offer collateral-free institutional money to mini and also small company devices up to Rs 10 lakh for income-generating activities.Under the Stand Up India Program, 236,000 advancing financings amounting to Rs 53,609 crore (since July 15, 2024) have actually been actually approved to Scheduled Caste, Scheduled People, as well as ladies business owners for establishing greenfield jobs.Furthermore, the Pradhan Mantri SVANidhi plan has accredited financings worth Rs 12,630 crore to 6.52 million road suppliers as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) launched on August 28, 2014.u00b7 PMJDY cumulative deposit balance of Rs 2.3 trillion.u00b7 There are over 1.73 billion surgical CASA profiles.u00b7 Women account owners make up 55.6% of complete accounts.Initial Posted: Aug 27 2024|9:37 PM IST.