.Union Money Minister Nirmala Sitharaman3 minutes reviewed Final Updated: Aug 28 2024|12:15 AM IST.On the eve of the 10th anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Money Minister Nirmala Sitharaman declared that the authorities intends to open up over 30 thousand new PMJDY profiles throughout 2024-25.Briefing press reporters, Sitharaman revealed that as of August 14, 2024, a total of 531.3 million Jan-Dhan accounts have levelled given that the plan's launch a decade ago, with a collective down payment remainder of Rs 2.3 trillion.The average remainder per profile has actually enhanced coming from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Roughly 80 per cent of these profiles are actually currently active." PMJDY has participated in an important role in the course of the pandemic, especially for females," pointed out Sitharaman.Even with the allotment for zero harmony and also the lack of a minimum balance requirement, merely 8.4 per cent of the profiles maintain an absolutely no harmony. The plan has actually been particularly successful in non-urban as well as semi-urban locations, where 66.6 per cent of the profiles lie.Since August 14, 2024, females account holders represent 55.6 per cent of the complete accounts, amounting to 295.6 million profiles, according to the Administrative agency of Financial.
Currently, 99.95 percent of all settled villages possess banking facilities on call within a 5-kilometre distance with numerous touchpoints, featuring banking company divisions, automated cashier makers, financial correspondents, and also India Article Remittances Financial Institution.Since August 14, 2024, there end 1.73 billion important CASA (bank account money market account) accounts in the country, including greater than 530 thousand operative PMJDY accounts.Relating to social safety and security programs, Sitharaman highlighted that over 200 million collective enrolments have actually offered life insurance policy protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with an annual premium of Rs 436.Additionally, over 450 thousand advancing enrolments have offered one-year unintentional cover of Rs 2 lakh (for death or even irreversible overall special needs) and Rs 1 lakh (for irreversible partial special needs) under the Pradhan Mantri Suraksha Bima Yojana, with a premium of Rs twenty annually.The Atal Pension plan Yojana has enrolled over 68 million customers.In regards to credit-linked plans, Sitharaman mentioned that under the Pradhan Mantri Mudra Yojana, 489.2 thousand increasing car loans totaling up to Rs 29.93 trillion (as of July 12, 2024) have been actually allowed to give collateral-free institutional money management to small and small company systems around Rs 10 lakh for income-generating activities.Under the Rise India System, 236,000 collective car loans completing Rs 53,609 crore (as of July 15, 2024) have actually been actually allowed to Set up Caste, Scheduled Group, and also women business owners for setting up greenfield ventures.Furthermore, the Pradhan Mantri SVANidhi plan has allowed finances worth Rs 12,630 crore to 6.52 million street suppliers as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) introduced on August 28, 2014.u00b7 PMJDY cumulative down payment remainder of Rs 2.3 trillion.u00b7 There end 1.73 billion personnel CASA profiles.u00b7 Ladies account holders make up 55.6% of overall accounts.First Published: Aug 27 2024|9:37 PM IST.