.Union Financial Minister Nirmala Sitharaman3 min read Last 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 government targets to open over 30 million brand new PMJDY profiles during the course of 2024-25.Briefing media reporters, Sitharaman unveiled that since August 14, 2024, a total of 531.3 million Jan-Dhan profiles have levelled because the system's launch a many years back, along with a cumulative down payment remainder of Rs 2.3 trillion.The average balance every profile has actually raised coming from Rs 1,065 in March 2015 to Rs 4,352 since August 16, 2024. Roughly 80 per cent of these profiles are actually currently active." PMJDY has actually participated in a vital duty during the widespread, especially for girls," stated Sitharaman.Even with the allotment for absolutely no equilibrium as well as the absence of a minimum equilibrium requirement, just 8.4 percent of the accounts maintain an absolutely no equilibrium. The scheme has actually been actually particularly successful in rural and semi-urban places, where 66.6 per-cent of the accounts lie.Since August 14, 2024, girls account owners represent 55.6 per-cent of the complete profiles, totaling up to 295.6 thousand accounts, according to the Ministry of Finance.
Currently, 99.95 percent of all populated towns have banking locations readily available within a 5-kilometre span through various touchpoints, featuring financial institution divisions, automated bank clerk equipments, banking contributors, and also India Post Repayments Bank.As of August 14, 2024, there end 1.73 billion surgical CASA (current account savings account) accounts in the country, featuring much more than 530 million surgical PMJDY accounts.Pertaining to social surveillance systems, Sitharaman highlighted that over 200 thousand advancing enrolments have provided life insurance policy protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, with an annual superior of Rs 436.Additionally, over 450 million increasing enrolments have actually offered one-year unintentional cover of Rs 2 lakh (for fatality or long-lasting total disability) as well as Rs 1 lakh (for irreversible limited disability) under the Pradhan Mantri Suraksha Bima Yojana, with a fee of Rs 20 annually.The Atal Pension account Yojana has signed up over 68 thousand users.In regards to credit-linked plans, Sitharaman stated that under the Pradhan Mantri Mudra Yojana, 489.2 thousand advancing lendings amounting to Rs 29.93 trillion (as of July 12, 2024) have actually been sanctioned to offer collateral-free institutional financing to mini and also business devices approximately Rs 10 lakh for income-generating activities.Under the Stand Up India Program, 236,000 collective loans completing Rs 53,609 crore (since July 15, 2024) have actually been actually accredited to Booked Caste, Scheduled Group, and girls business owners for setting up greenfield jobs.In addition, the Pradhan Mantri SVANidhi system has actually approved fundings worth Rs 12,630 crore to 6.52 thousand road suppliers as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) released on August 28, 2014.u00b7 PMJDY advancing deposit remainder of Rs 2.3 trillion.u00b7 There end 1.73 billion important CASA profiles.u00b7 Girls account holders make up 55.6% of overall profiles.Initial Released: Aug 27 2024|9:37 PM IST.