.Union Money Minister Nirmala Sitharaman3 minutes reviewed Final 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 declared that the federal government aims to open up over 30 million brand-new PMJDY accounts in the course of 2024-25.Briefing media reporters, Sitharaman revealed that since August 14, 2024, an overall of 531.3 million Jan-Dhan accounts have been opened given that the program's launch a many years back, with a collective deposit remainder of Rs 2.3 trillion.The normal difference every account has boosted coming from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. About 80 per-cent of these profiles are actually currently active." PMJDY has actually participated in a crucial job throughout the widespread, specifically for ladies," stated Sitharaman.Despite the allowance for zero harmony as well as the absence of a minimum equilibrium need, simply 8.4 per-cent of the profiles sustain a no equilibrium. The system has actually been actually particularly reliable in non-urban and semi-urban locations, where 66.6 per-cent of the accounts are located.As of August 14, 2024, females account owners work with 55.6 per cent of the complete accounts, amounting to 295.6 million profiles, depending on to the Administrative agency of Finance.
Currently, 99.95 per-cent of all resided communities possess banking locations offered within a 5-kilometre distance with several touchpoints, consisting of financial institution divisions, automated cashier machines, financial reporters, and India Message Payments Banking Company.As of August 14, 2024, there end 1.73 billion important CASA (current account interest-bearing account) accounts in the country, including more than 530 thousand important PMJDY accounts.Concerning social safety and security systems, Sitharaman highlighted that over 200 million advancing enrolments have offered life insurance coverage of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, with a yearly fee of Rs 436.Furthermore, over 450 million cumulative enrolments have actually used one-year accidental cover of Rs 2 lakh (for fatality or even long-term total handicap) and also Rs 1 lakh (for permanent limited handicap) under the Pradhan Mantri Suraksha Bima Yojana, along with a fee of Rs twenty each year.The Atal Pension plan Yojana has actually enrolled over 68 million subscribers.In regards to credit-linked programs, Sitharaman stated that under the Pradhan Mantri Mudra Yojana, 489.2 thousand collective lendings totaling up to Rs 29.93 mountain (since July 12, 2024) have actually been sanctioned to provide collateral-free institutional money to small as well as local business systems approximately Rs 10 lakh for income-generating tasks.Under the Stand India Program, 236,000 increasing car loans totalling Rs 53,609 crore (as of July 15, 2024) have been accredited to Scheduled Caste, Scheduled People, and also girls business owners for putting together greenfield projects.In addition, the Pradhan Mantri SVANidhi program has actually allowed loans worth Rs 12,630 crore to 6.52 thousand road suppliers 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 trillion.u00b7 There more than 1.73 billion important CASA accounts.u00b7 Women account holders comprise 55.6% of overall profiles.Very First Posted: Aug 27 2024|9:37 PM IST.