.Union Money Minister Nirmala Sitharaman3 min checked out Last Upgraded: Aug 28 2024|12:15 AM IST.On the eve of the 10th anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Financing Administrator Nirmala Sitharaman announced that the government aims to open over 30 million new PMJDY accounts during the course of 2024-25.Instruction media reporters, Sitharaman unveiled that since August 14, 2024, an overall of 531.3 thousand Jan-Dhan profiles have actually been opened given that the scheme's launch a decade earlier, with a collective down payment remainder of Rs 2.3 mountain.The normal remainder every account has actually increased coming from Rs 1,065 in March 2015 to Rs 4,352 since August 16, 2024. Approximately 80 per cent of these profiles are actually currently active." PMJDY has actually played a critical task throughout the global, specifically for ladies," said Sitharaman.Despite the allotment for no harmony and also the absence of a minimum balance demand, just 8.4 per cent of the accounts preserve an absolutely no balance. The program has been actually particularly successful in country and also semi-urban areas, where 66.6 per cent of the accounts are located.As of August 14, 2024, ladies account holders embody 55.6 per-cent of the overall accounts, totaling up to 295.6 thousand accounts, depending on to the Ministry of Money.
Currently, 99.95 per-cent of all lived in villages have financial resources on call within a 5-kilometre radius with a variety of touchpoints, including financial institution branches, automated teller makers, banking reporters, and India Post Payments Banking Company.Since August 14, 2024, there end 1.73 billion operative CASA (current account interest-bearing account) profiles in the country, featuring greater than 530 thousand important PMJDY accounts.Pertaining to social protection systems, Sitharaman highlighted that over 200 million collective enrolments have actually provided life insurance protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with an annual fee of Rs 436.Also, over 450 thousand collective enrolments have offered 1 year unexpected cover of Rs 2 lakh (for fatality or long-lasting complete special needs) and also Rs 1 lakh (for long-term partial special needs) under the Pradhan Mantri Suraksha Bima Yojana, with a premium of Rs twenty per year.The Atal Pension Yojana has registered over 68 million clients.In relations to credit-linked systems, Sitharaman disclosed that under the Pradhan Mantri Mudra Yojana, 489.2 thousand collective loans totaling up to Rs 29.93 trillion (as of July 12, 2024) have been sanctioned to give collateral-free institutional financial to mini and also business systems approximately Rs 10 lakh for income-generating tasks.Under the Rise India Program, 236,000 increasing finances totalling Rs 53,609 crore (as of July 15, 2024) have been actually allowed to Arranged Caste, Scheduled People, and women entrepreneurs for putting together greenfield ventures.Furthermore, the Pradhan Mantri SVANidhi system has accredited finances worth Rs 12,630 crore to 6.52 thousand street vendors as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) introduced on August 28, 2014.u00b7 PMJDY advancing deposit difference of Rs 2.3 trillion.u00b7 There end 1.73 billion personnel CASA accounts.u00b7 Ladies account owners make up 55.6% of overall profiles.First Posted: Aug 27 2024|9:37 PM IST.