.Union Money Management Administrator Nirmala Sitharaman3 minutes went through 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 Official Nirmala Sitharaman introduced that the federal government targets to open up over 30 million new PMJDY accounts during the course of 2024-25.Rundown media reporters, Sitharaman unveiled that as of August 14, 2024, a total amount of 531.3 thousand Jan-Dhan accounts have actually been opened given that the plan's launch a years ago, along with a cumulative down payment remainder of Rs 2.3 mountain.The normal difference every account has boosted from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Roughly 80 per-cent of these accounts are actually currently energetic." PMJDY has actually played an important task during the course of the astronomical, specifically for females," said Sitharaman.Regardless of the allocation for no harmony and the absence of a minimal balance need, simply 8.4 per cent of the accounts preserve a zero balance. The plan has actually been actually particularly efficient in country as well as semi-urban locations, where 66.6 per cent of the accounts lie.Since August 14, 2024, women account owners embody 55.6 percent of the overall profiles, totaling up to 295.6 thousand accounts, according to the Ministry of Money management.
Presently, 99.95 percent of all populated villages possess financial centers on call within a 5-kilometre distance through different touchpoints, consisting of banking company branches, automated teller devices, financial contributors, and India Article Repayments Financial Institution.As of August 14, 2024, there are over 1.73 billion surgical CASA (bank account interest-bearing account) accounts in the nation, featuring more than 530 thousand personnel PMJDY profiles.Concerning social safety programs, Sitharaman highlighted that over 200 million cumulative enrolments have offered life insurance coverage of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with an annual superior of Rs 436.Furthermore, over 450 thousand advancing enrolments have actually given one-year unintended cover of Rs 2 lakh (for death or long-lasting total disability) and Rs 1 lakh (for irreversible limited disability) under the Pradhan Mantri Suraksha Bima Yojana, with a fee of Rs twenty per year.The Atal Pension Yojana has enrolled over 68 million customers.In terms of credit-linked plans, Sitharaman mentioned that under the Pradhan Mantri Mudra Yojana, 489.2 thousand collective fundings amounting to Rs 29.93 trillion (as of July 12, 2024) have been accredited to offer collateral-free institutional money management to small and also local business units up to Rs 10 lakh for income-generating activities.Under the Stand India System, 236,000 advancing financings totalling Rs 53,609 crore (as of July 15, 2024) have been actually sanctioned to Set up Caste, Scheduled Group, as well as females entrepreneurs for setting up greenfield tasks.Also, the Pradhan Mantri SVANidhi scheme has allowed finances worth Rs 12,630 crore to 6.52 million street sellers as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) launched on August 28, 2014.u00b7 PMJDY collective down payment remainder of Rs 2.3 mountain.u00b7 There are over 1.73 billion surgical CASA accounts.u00b7 Girls account owners comprise 55.6% of complete accounts.Initial Published: Aug 27 2024|9:37 PM IST.