.Union Financial Official Nirmala Sitharaman3 min went through Final Updated: Aug 28 2024|12:15 AM IST.On the eve of the 10th anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Finance Minister Nirmala Sitharaman revealed that the government aims to open over 30 thousand new PMJDY accounts during the course of 2024-25.Instruction media reporters, Sitharaman revealed that since August 14, 2024, a total amount of 531.3 million Jan-Dhan profiles have been opened since the plan's launch a decade back, with a cumulative deposit difference of Rs 2.3 trillion.The common difference per profile has raised from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. About 80 per cent of these accounts are actually currently active." PMJDY has played an essential part throughout the pandemic, particularly for women," pointed out Sitharaman.Despite the allowance for absolutely no balance as well as the absence of a minimal equilibrium criteria, merely 8.4 per cent of the accounts sustain a no equilibrium. The scheme has been particularly efficient in country and also semi-urban areas, where 66.6 percent of the profiles lie.Since August 14, 2024, females account holders stand for 55.6 percent of the complete accounts, totaling up to 295.6 thousand accounts, according to the Ministry of Money.
Presently, 99.95 percent of all populated towns possess financial resources available within a 5-kilometre span via various touchpoints, featuring financial institution divisions, automated bank employee machines, banking contributors, and also India Post Settlements Bank.Since August 14, 2024, there end 1.73 billion operative CASA (current account money market account) accounts in the nation, consisting of much more than 530 thousand operative PMJDY profiles.Concerning social protection programs, Sitharaman highlighted that over 200 million cumulative enrolments have given life insurance coverage of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with an annual costs of Rs 436.Also, over 450 thousand collective enrolments have actually provided one-year unintended cover of Rs 2 lakh (for fatality or even permanent total disability) and also Rs 1 lakh (for long-term limited disability) under the Pradhan Mantri Suraksha Bima Yojana, along with a superior of Rs twenty yearly.The Atal Pension Yojana has actually registered over 68 thousand users.In regards to credit-linked plans, Sitharaman stated that under the Pradhan Mantri Mudra Yojana, 489.2 million increasing financings totaling up to Rs 29.93 mountain (as of July 12, 2024) have actually been approved to provide collateral-free institutional finance to micro as well as small business devices around Rs 10 lakh for income-generating activities.Under the Stand India Program, 236,000 collective lendings amounting to Rs 53,609 crore (as of July 15, 2024) have been actually allowed to Planned Caste, Scheduled Tribe, and girls business owners for establishing greenfield jobs.Additionally, the Pradhan Mantri SVANidhi plan has allowed loans worth Rs 12,630 crore to 6.52 million street vendors as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) introduced on August 28, 2014.u00b7 PMJDY collective deposit balance of Rs 2.3 trillion.u00b7 There end 1.73 billion surgical CASA accounts.u00b7 Women account holders make up 55.6% of overall profiles.Initial Released: Aug 27 2024|9:37 PM IST.