.Union Money Administrator Nirmala Sitharaman3 minutes reviewed Last Improved: Aug 28 2024|12:15 AM IST.On the eve of the 10th anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Financial Official Nirmala Sitharaman declared that the federal government strives to open over 30 million new PMJDY profiles throughout 2024-25.Rundown reporters, Sitharaman unveiled that since August 14, 2024, a total of 531.3 million Jan-Dhan accounts have been opened since the scheme's launch a years ago, with an advancing deposit difference of Rs 2.3 trillion.The average balance every account has boosted 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 actually participated in a crucial part in the course of the astronomical, especially for girls," said Sitharaman.Despite the allotment for no harmony and the absence of a minimum harmony requirement, merely 8.4 percent of the accounts maintain a zero harmony. The system has actually been specifically helpful in rural as well as semi-urban areas, where 66.6 percent of the profiles are located.As of August 14, 2024, girls account holders work with 55.6 per-cent of the complete profiles, totaling up to 295.6 thousand accounts, depending on to the Ministry of Money management.
Currently, 99.95 per-cent of all settled villages possess banking resources offered within a 5-kilometre span by means of several touchpoints, including bank branches, automated bank clerk equipments, banking reporters, and also India Post Repayments Bank.As of August 14, 2024, there are over 1.73 billion personnel CASA (bank account interest-bearing account) profiles in the country, including greater than 530 million personnel PMJDY accounts.Regarding social safety schemes, Sitharaman highlighted that over 200 million cumulative enrolments have actually offered life insurance policy coverage of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with a yearly superior of Rs 436.Additionally, over 450 million collective enrolments have actually offered one-year unintended cover of Rs 2 lakh (for fatality or long-lasting total impairment) as well as Rs 1 lakh (for irreversible limited handicap) under the Pradhan Mantri Suraksha Bima Yojana, along with a premium of Rs 20 yearly.The Atal Pension plan Yojana has actually signed up over 68 million customers.In terms of credit-linked schemes, Sitharaman mentioned that under the Pradhan Mantri Mudra Yojana, 489.2 thousand cumulative finances totaling up to Rs 29.93 trillion (as of July 12, 2024) have been actually allowed to provide collateral-free institutional money management to micro as well as small business devices up to Rs 10 lakh for income-generating activities.Under the Stand India Plan, 236,000 advancing finances totalling Rs 53,609 crore (since July 15, 2024) have actually been approved to Planned Caste, Scheduled Tribe, as well as ladies entrepreneurs for putting together greenfield ventures.Also, the Pradhan Mantri SVANidhi scheme has actually allowed lendings worth Rs 12,630 crore to 6.52 thousand road sellers as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) released on August 28, 2014.u00b7 PMJDY advancing down payment difference of Rs 2.3 trillion.u00b7 There are over 1.73 billion personnel CASA accounts.u00b7 Females account owners make up 55.6% of overall profiles.First Published: Aug 27 2024|9:37 PM IST.