.Union Financing Administrator Nirmala Sitharaman3 min 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 Official Nirmala Sitharaman revealed that the federal government strives to open up over 30 million new PMJDY profiles during the course of 2024-25.Briefing press reporters, Sitharaman unveiled that as of August 14, 2024, a total amount of 531.3 thousand Jan-Dhan profiles have actually been opened because the scheme’s launch a many years ago, along with a collective down payment remainder of Rs 2.3 trillion.The common remainder every profile has actually enhanced 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 presently active.” PMJDY has played a crucial part throughout the astronomical, particularly for girls,” pointed out Sitharaman.In spite of the allotment for absolutely no harmony as well as the absence of a minimum equilibrium need, simply 8.4 per cent of the profiles sustain a zero harmony. The plan has been actually specifically helpful in non-urban as well as semi-urban places, where 66.6 percent of the profiles are located.Since August 14, 2024, ladies account owners embody 55.6 percent of the complete profiles, amounting to 295.6 thousand profiles, depending on to the Ministry of Money management.
Presently, 99.95 per cent of all inhabited communities have banking facilities available within a 5-kilometre distance by means of a variety of touchpoints, including bank branches, automated bank clerk equipments, financial correspondents, and India Post Remittances Bank.Since August 14, 2024, there more than 1.73 billion surgical CASA (bank account savings account) profiles in the country, featuring much more than 530 thousand surgical PMJDY profiles.Pertaining to social safety and security plans, Sitharaman highlighted that over 200 thousand increasing enrolments have provided life insurance protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, with an annual costs of Rs 436.Additionally, over 450 million collective enrolments have provided one-year accidental cover of Rs 2 lakh (for fatality or even permanent total impairment) and also Rs 1 lakh (for long-term limited disability) under the Pradhan Mantri Suraksha Bima Yojana, along with a fee of Rs twenty per year.The Atal Pension Yojana has enrolled over 68 million subscribers.In relations to credit-linked schemes, Sitharaman disclosed that under the Pradhan Mantri Mudra Yojana, 489.2 thousand collective loans amounting to Rs 29.93 mountain (since July 12, 2024) have actually been allowed to supply collateral-free institutional financing to mini and local business systems approximately Rs 10 lakh for income-generating tasks.Under the Rise India Plan, 236,000 advancing lendings completing Rs 53,609 crore (as of July 15, 2024) have been sanctioned to Scheduled Caste, Scheduled People, and women business people for setting up greenfield ventures.Also, the Pradhan Mantri SVANidhi program has actually allowed finances worth Rs 12,630 crore to 6.52 million road suppliers since August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) launched on August 28, 2014.u00b7 PMJDY increasing down payment difference of Rs 2.3 mountain.u00b7 There are over 1.73 billion personnel CASA accounts.u00b7 Women account holders comprise 55.6% of overall accounts.Initial Published: Aug 27 2024|9:37 PM IST.