.Union Finance Administrator Nirmala Sitharaman3 minutes read Final Upgraded: Aug 28 2024|12:15 AM IST.On the eve of the 10th anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Money Management Administrator Nirmala Sitharaman introduced that the federal government strives to open over 30 thousand new PMJDY accounts during 2024-25.Rundown press reporters, Sitharaman revealed that as of August 14, 2024, a total of 531.3 thousand Jan-Dhan accounts have levelled since the plan's launch a many years back, with a collective down payment balance of Rs 2.3 mountain.The normal remainder every profile has increased coming 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 played a vital role during the pandemic, particularly for females," said Sitharaman.Regardless of the allotment for zero harmony as well as the lack of a minimum harmony demand, simply 8.4 per-cent of the accounts maintain a zero balance. The program has been especially efficient in rural as well as semi-urban locations, where 66.6 percent of the profiles are located.Since August 14, 2024, ladies account holders work with 55.6 per-cent of the complete profiles, amounting to 295.6 thousand profiles, depending on to the Department of Financial.
Currently, 99.95 percent of all resided communities possess banking facilities on call within a 5-kilometre radius with a variety of touchpoints, featuring financial institution divisions, automated teller equipments, financial correspondents, as well as India Post Payments Banking Company.Since August 14, 2024, there are over 1.73 billion surgical CASA (current account interest-bearing account) profiles in the nation, featuring much more than 530 thousand important PMJDY accounts.Pertaining to social safety and security programs, Sitharaman highlighted that over 200 thousand cumulative enrolments have actually provided life insurance coverage of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with a yearly fee of Rs 436.Additionally, over 450 thousand advancing enrolments have offered 1 year accidental cover of Rs 2 lakh (for fatality or long-term complete special needs) and also Rs 1 lakh (for long-term limited handicap) under the Pradhan Mantri Suraksha Bima Yojana, along with a superior of Rs 20 per year.The Atal Pension plan Yojana has enrolled over 68 million clients.In relations to credit-linked systems, Sitharaman stated that under the Pradhan Mantri Mudra Yojana, 489.2 thousand collective financings totaling up to Rs 29.93 mountain (since July 12, 2024) have actually been approved to offer collateral-free institutional financial to micro and small business systems up to Rs 10 lakh for income-generating activities.Under the Rise India System, 236,000 collective finances totting Rs 53,609 crore (as of July 15, 2024) have been accredited to Booked Caste, Scheduled People, and also females entrepreneurs for putting together greenfield ventures.In addition, the Pradhan Mantri SVANidhi system has sanctioned financings worth Rs 12,630 crore to 6.52 million road vendors as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) introduced on August 28, 2014.u00b7 PMJDY advancing down payment difference of Rs 2.3 mountain.u00b7 There are over 1.73 billion surgical CASA accounts.u00b7 Girls account holders consist of 55.6% of overall accounts.Initial Released: Aug 27 2024|9:37 PM IST.