.Union Money Official Nirmala Sitharaman3 minutes read through Last Upgraded: Aug 28 2024|12:15 AM IST.On the eve of the 10th wedding anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Financing Administrator Nirmala Sitharaman announced that the government targets to open up over 30 million brand-new PMJDY accounts throughout 2024-25.Instruction press reporters, Sitharaman revealed that as of August 14, 2024, a total amount of 531.3 thousand Jan-Dhan profiles have actually been opened since the plan's launch a decade ago, along with an increasing down payment remainder of Rs 2.3 mountain.The common balance every account has improved coming from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Approximately 80 per-cent of these profiles are actually currently active." PMJDY has actually participated in a vital job throughout the widespread, particularly for women," pointed out Sitharaman.Regardless of the allotment for no harmony and the lack of a minimal balance criteria, simply 8.4 percent of the accounts maintain a zero equilibrium. The program has been particularly helpful in country as well as semi-urban areas, where 66.6 per cent of the profiles lie.As of August 14, 2024, girls account owners embody 55.6 per-cent of the complete accounts, totaling up to 295.6 thousand accounts, depending on to the Department of Money.
Currently, 99.95 percent of all lived in communities possess financial locations accessible within a 5-kilometre radius through several touchpoints, featuring banking company branches, automated teller machines, financial reporters, and also India Blog Post Payments Financial Institution.Since August 14, 2024, there are over 1.73 billion surgical CASA (bank account interest-bearing account) profiles in the nation, featuring more than 530 thousand personnel PMJDY profiles.Relating to social security systems, Sitharaman highlighted that over 200 million increasing enrolments have delivered life insurance policy protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with a yearly superior of Rs 436.In addition, over 450 million cumulative enrolments have actually delivered one-year unexpected cover of Rs 2 lakh (for fatality or long-term overall disability) and Rs 1 lakh (for long-lasting limited handicap) under the Pradhan Mantri Suraksha Bima Yojana, along with a premium of Rs twenty each year.The Atal Pension plan Yojana has actually registered over 68 thousand customers.In terms of credit-linked plans, Sitharaman reported that under the Pradhan Mantri Mudra Yojana, 489.2 thousand increasing car loans totaling up to Rs 29.93 mountain (as of July 12, 2024) have actually been actually sanctioned to deliver collateral-free institutional financial to small and also small company units around Rs 10 lakh for income-generating activities.Under the Stand Up India Program, 236,000 increasing car loans totting Rs 53,609 crore (as of July 15, 2024) have been actually sanctioned to Scheduled Caste, Scheduled People, and also women entrepreneurs for establishing greenfield tasks.Furthermore, the Pradhan Mantri SVANidhi system has allowed car loans worth Rs 12,630 crore to 6.52 million street sellers since August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) launched on August 28, 2014.u00b7 PMJDY advancing deposit remainder of Rs 2.3 trillion.u00b7 There end 1.73 billion surgical CASA accounts.u00b7 Women account owners consist of 55.6% of total accounts.Initial Released: Aug 27 2024|9:37 PM IST.