.Union Financial Administrator Nirmala Sitharaman3 min reviewed Last Improved: Aug 28 2024|12:15 AM IST.On the eve of the 10th wedding anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Finance Minister Nirmala Sitharaman introduced that the federal government aims to open over 30 thousand brand new PMJDY profiles during the course of 2024-25.Instruction reporters, Sitharaman unveiled that as of August 14, 2024, a total amount of 531.3 thousand Jan-Dhan accounts have actually been opened due to the fact that the system’s launch a years earlier, with an increasing deposit balance of Rs 2.3 trillion.The normal remainder per profile has actually enhanced coming from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Around 80 per-cent of these profiles are presently active.” PMJDY has played an essential duty during the course of the pandemic, particularly for females,” mentioned Sitharaman.In spite of the allocation for no balance as well as the absence of a minimum equilibrium need, merely 8.4 per cent of the profiles maintain a no harmony. The system has been particularly reliable in country and semi-urban areas, where 66.6 per-cent of the accounts lie.As of August 14, 2024, ladies account holders embody 55.6 per-cent of the overall profiles, amounting to 295.6 thousand accounts, depending on to the Department of Money management.
Currently, 99.95 per cent of all inhabited communities have financial resources on call within a 5-kilometre radius with several touchpoints, consisting of banking company divisions, automated bank clerk machines, financial correspondents, as well as India Message Repayments Financial Institution.Since August 14, 2024, there are over 1.73 billion surgical CASA (bank account savings account) profiles in the country, featuring more than 530 million important PMJDY profiles.Pertaining to social surveillance schemes, Sitharaman highlighted that over 200 million collective enrolments have provided 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 collective enrolments have provided 1 year accidental cover of Rs 2 lakh (for death or long-term total special needs) and also Rs 1 lakh (for permanent partial handicap) under the Pradhan Mantri Suraksha Bima Yojana, with a premium of Rs twenty per year.The Atal Pension Yojana has actually signed up over 68 thousand users.In regards to credit-linked schemes, Sitharaman reported that under the Pradhan Mantri Mudra Yojana, 489.2 million advancing lendings totaling up to Rs 29.93 mountain (as of July 12, 2024) have actually been actually allowed to deliver collateral-free institutional financing to micro and small company units as much as Rs 10 lakh for income-generating activities.Under the Stand Up India Program, 236,000 advancing finances totting Rs 53,609 crore (since July 15, 2024) have been actually allowed to Set up Caste, Scheduled Group, as well as females entrepreneurs for establishing greenfield jobs.Also, the Pradhan Mantri SVANidhi program has actually allowed lendings worth Rs 12,630 crore to 6.52 thousand street sellers as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) introduced on August 28, 2014.u00b7 PMJDY cumulative down payment balance of Rs 2.3 mountain.u00b7 There more than 1.73 billion operative CASA accounts.u00b7 Girls account holders make up 55.6% of overall accounts.1st Published: Aug 27 2024|9:37 PM IST.