.Union Money Official 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 introduced that the government aims to open over 30 million new PMJDY accounts during the course of 2024-25.Briefing media reporters, Sitharaman unveiled that as of August 14, 2024, a total of 531.3 million Jan-Dhan profiles have been opened considering that the scheme's launch a years back, with a cumulative down payment remainder of Rs 2.3 trillion.The typical remainder per profile has increased from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Roughly 80 percent of these accounts are presently energetic." PMJDY has participated in a vital duty in the course of the widespread, especially for ladies," pointed out Sitharaman.Regardless of the allocation for no balance and the lack of a minimum harmony requirement, merely 8.4 percent of the profiles preserve a no equilibrium. The program has been especially helpful in non-urban and also semi-urban locations, where 66.6 percent of the accounts are located.As of August 14, 2024, women account owners exemplify 55.6 percent of the total profiles, amounting to 295.6 million profiles, depending on to the Administrative agency of Money management.
Presently, 99.95 per-cent of all lived in communities have financial locations readily available within a 5-kilometre radius by means of various touchpoints, including bank branches, automated bank employee equipments, financial contributors, as well as India Blog Post Settlements Bank.Since August 14, 2024, there are over 1.73 billion operative CASA (bank account savings account) profiles in the nation, including greater than 530 million surgical PMJDY profiles.Relating to social protection schemes, Sitharaman highlighted that over 200 thousand collective enrolments have offered life insurance protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with an annual costs of Rs 436.Additionally, over 450 million increasing enrolments have used one-year unexpected cover of Rs 2 lakh (for death or even long-term overall disability) as well as Rs 1 lakh (for long-term partial special needs) under the Pradhan Mantri Suraksha Bima Yojana, with a fee of Rs 20 yearly.The Atal Pension Yojana has signed up over 68 thousand customers.In regards to credit-linked programs, Sitharaman disclosed that under the Pradhan Mantri Mudra Yojana, 489.2 million cumulative financings totaling up to Rs 29.93 mountain (as of July 12, 2024) have been actually approved to supply collateral-free institutional money to small and business systems around Rs 10 lakh for income-generating tasks.Under the Rise India Program, 236,000 cumulative finances amounting to Rs 53,609 crore (since July 15, 2024) have been sanctioned to Planned Caste, Scheduled Group, as well as women business owners for establishing greenfield jobs.Furthermore, the Pradhan Mantri SVANidhi program has actually sanctioned car loans worth Rs 12,630 crore to 6.52 million road merchants as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) released on August 28, 2014.u00b7 PMJDY collective down payment balance of Rs 2.3 trillion.u00b7 There are over 1.73 billion operative CASA accounts.u00b7 Ladies account owners make up 55.6% of overall profiles.Initial Published: Aug 27 2024|9:37 PM IST.