.Union Financing Official Nirmala Sitharaman3 min reviewed Last Updated: Aug 28 2024|12:15 AM IST.On the eve of the 10th anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Money Management Official Nirmala Sitharaman declared that the federal government intends to open over 30 thousand new PMJDY accounts in the course of 2024-25.Briefing press reporters, Sitharaman unveiled that since August 14, 2024, a total of 531.3 million Jan-Dhan accounts have been opened considering that the program's launch a many years ago, with a cumulative down payment balance of Rs 2.3 trillion.The common difference every profile has actually improved coming from Rs 1,065 in March 2015 to Rs 4,352 since August 16, 2024. Approximately 80 per-cent of these accounts are currently active." PMJDY has participated in an important part in the course of the pandemic, specifically for ladies," mentioned Sitharaman.Even with the allocation for no balance and also the absence of a minimal balance need, only 8.4 per cent of the profiles preserve a no balance. The plan has been particularly efficient in country and also semi-urban places, where 66.6 per-cent of the accounts lie.As of August 14, 2024, ladies account holders exemplify 55.6 per-cent of the total accounts, totaling up to 295.6 thousand profiles, according to the Administrative agency of Money management.
Currently, 99.95 percent of all populated villages have financial facilities readily available within a 5-kilometre radius through a variety of touchpoints, featuring bank branches, automated bank clerk machines, financial contributors, as well as India Article Remittances Financial Institution.As of August 14, 2024, there more than 1.73 billion surgical CASA (current account money market account) profiles in the country, consisting of much more than 530 thousand personnel PMJDY accounts.Pertaining to social safety programs, Sitharaman highlighted that over 200 million cumulative enrolments have actually given life insurance policy 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 cumulative enrolments have given 1 year unintentional cover of Rs 2 lakh (for fatality or even long-term total impairment) as well as Rs 1 lakh (for long-lasting limited impairment) under the Pradhan Mantri Suraksha Bima Yojana, along with a costs of Rs twenty each year.The Atal Pension Yojana has actually registered over 68 thousand subscribers.In terms of credit-linked plans, Sitharaman mentioned that under the Pradhan Mantri Mudra Yojana, 489.2 thousand collective lendings totaling up to Rs 29.93 trillion (since July 12, 2024) have actually been approved to supply collateral-free institutional money to micro and local business systems as much as Rs 10 lakh for income-generating tasks.Under the Stand Up India System, 236,000 cumulative car loans totting Rs 53,609 crore (since July 15, 2024) have been actually allowed to Scheduled Caste, Scheduled Tribe, and girls entrepreneurs for setting up greenfield ventures.In addition, the Pradhan Mantri SVANidhi plan has actually allowed loans worth Rs 12,630 crore to 6.52 thousand street sellers since August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) released on August 28, 2014.u00b7 PMJDY cumulative down payment remainder of Rs 2.3 trillion.u00b7 There are over 1.73 billion operative CASA profiles.u00b7 Females account owners comprise 55.6% of total profiles.Initial Posted: Aug 27 2024|9:37 PM IST.