.Union Financial Official 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 Financial Minister Nirmala Sitharaman revealed that the federal government strives to open over 30 million new PMJDY accounts in the course of 2024-25.Instruction media reporters, Sitharaman unveiled that since August 14, 2024, a total amount of 531.3 million Jan-Dhan accounts have levelled given that the scheme's launch a years ago, along with an advancing deposit balance of Rs 2.3 mountain.The average balance per account has improved from Rs 1,065 in March 2015 to Rs 4,352 since August 16, 2024. Approximately 80 per-cent of these accounts are actually presently active." PMJDY has played an important function throughout the global, particularly for women," claimed Sitharaman.Regardless of the allocation for no harmony and also the lack of a minimum balance requirement, only 8.4 percent of the profiles maintain an absolutely no equilibrium. The plan has actually been specifically helpful in rural as well as semi-urban regions, where 66.6 percent of the profiles lie.Since August 14, 2024, girls account owners work with 55.6 per cent of the overall profiles, amounting to 295.6 million accounts, according to the Department of Finance.
Presently, 99.95 percent of all dwelled communities have banking facilities available within a 5-kilometre radius by means of numerous touchpoints, including bank divisions, automated teller equipments, financial correspondents, and also India Blog Post Settlements Banking Company.As of August 14, 2024, there end 1.73 billion personnel CASA (bank account interest-bearing account) profiles in the country, including much more than 530 million important PMJDY profiles.Relating to social surveillance plans, Sitharaman highlighted that over 200 thousand advancing enrolments have offered life insurance policy coverage of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, along with an annual premium of Rs 436.In addition, over 450 thousand advancing enrolments have used 1 year accidental cover of Rs 2 lakh (for fatality or irreversible complete impairment) and Rs 1 lakh (for long-term partial disability) under the Pradhan Mantri Suraksha Bima Yojana, with a fee of Rs twenty per year.The Atal Pension Yojana has enrolled over 68 thousand customers.In terms of credit-linked systems, Sitharaman stated that under the Pradhan Mantri Mudra Yojana, 489.2 million increasing car loans amounting to Rs 29.93 mountain (since July 12, 2024) have actually been sanctioned to provide collateral-free institutional money to mini as well as business systems approximately Rs 10 lakh for income-generating tasks.Under the Rise India Scheme, 236,000 increasing car loans totting Rs 53,609 crore (as of July 15, 2024) have been actually accredited to Booked Caste, Scheduled Tribe, as well as women business owners for setting up greenfield projects.In addition, the Pradhan Mantri SVANidhi scheme has allowed lendings worth Rs 12,630 crore to 6.52 million road vendors since August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) introduced on August 28, 2014.u00b7 PMJDY increasing down payment difference of Rs 2.3 trillion.u00b7 There end 1.73 billion personnel CASA profiles.u00b7 Girls account holders make up 55.6% of overall profiles.First Released: Aug 27 2024|9:37 PM IST.