Lok Sabha Question No. 5182 (UNSTARRED), answered on 2022-04-04
Subject: PMJD Yojana
Ministry: FINANCE
Asked by: Arun Kumar Sagar

## GOVERNMENT OF INDIA MINISTRY OF FINANCE

## DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA

## UNSTARRED QUESTION No. 5182

ANSWERED ON MONDAY, APRIL 04, 2022/ CHAITRA 14, 1944 (SAKA)

## PMJD Yojana Question

## 5182.  SHRI ARUN KUMAR SAGAR:

Will the Minister of FINANCE be pleased to state:

- (a) whether the people of the country expect development through Pradhan Mantri Jan Dhan (PMJD) Yojana;
- (b) if so, the details thereof including the total bank accounts opened under the said scheme till 31 January, 2022, State and bank-wise;
- (c) the details of the total amount deposited under this scheme so far;
- (d)  whether  the  Government  proposes  to  introduce  more  such  innovative  schemes  for  the rapid development of the country and to create consciousness among the general public about the development; and
- (e) if so, the details of the action plan of the Government in this regard?

## Answer

## The Minister of State in the Ministry of Finance (DR BHAGWAT KARAD)

(a)  to  (e)  With  a  view  to  increase  banking  penetration,  promote  financial  inclusion  and  to provide at least one bank account per household across the country, a National Mission on Financial  Inclusion  (FI)  known  as  Pradhan  Mantri  Jan  Dhan  Yojana  (PMJDY)  was announced on 15 th August, 2014.

In order to give impetus to financial inclusion initiatives of the Government, PMJDY scheme was extended beyond 14.08.2018 with the focus on opening of accounts shifting from 'every household' to 'every unbanked adult'. The scheme was made more attractive with upward revision  in  (i)  OD  limit  from  Rs.5,000  to  Rs.10,000  and  (ii)  accident  insurance  cover  on RuPay card holders from Rs.1 lakh to Rs.2 lakh. PMJDY has been successful in increasing banking penetration and to promote financial inclusion across the country.

As  informed  by  banks,  as  on  23.03.2022,  approx.  45  crore  Jan-Dhan  accounts  have  been opened with deposit balance of over Rs.1.63 lakh crore. The details of the number of bank accounts  opened  under  PMJDY  till  31 st January,  2022,  State-wise  and  bank-wise  are  at Annexure-1 and Annexure-2 respectively.

A Jan Dhan Aadhar Mobile (JAM) pipeline has been laid for linking of Jan-Dhan account with  mobile  number  and  Aadhar.  This  infrastructure  pipeline  is  providing  the  necessary backbone for  easing  DBT  flows,  adoption  of  social  security  /pension  schemes,  facilitating credit  flows,  promoting  digital  payments,  etc.  These  steps  have  provided  the  much-needed support  for  accelerating  the  pace  towards  achieving  a  digitalised,  financially  included  and insured society. Further, Direct Benefit Transfer (DBT) benefits under different Government schemes are also credited to eligible beneficiaries in their Jan-Dhan accounts.

Access to credit facility for small entrepreneurs is another important intervention under the ongoing  financial  inclusion  initiatives  in  the  country.  As  a  part  of  this  process,  the Government is implementing following credit-linked schemes in the country:

- i. Pradhan Mantri Mudra Yojana (PMMY): The scheme provide access to institutional finance to micro/small business units up to Rs.10 lakh for income generating activities such  as  manufacturing,  trading,  services,  activities  allied  to  agriculture  etc.  As  on 18.03.2022, 34.28 crore loans amounting to Rs. 18.52 lakh crore have been sanctioned since inception of the Scheme.
- ii. Stand Up India Scheme (SUPI): The scheme aims to promote entrepreneurship among people from Schedule caste/Schedule tribe and woman. The Scheme facilitates bank loans between Rs.10 lakh and Rs.1 crore to at least one Scheduled Caste/ Scheduled Tribe  borrower  and  at  least  one-Woman  borrower  per  bank  branch  of  Scheduled Commercial Banks for setting up greenfield enterprises in trading, manufacturing and services  sector.  As  on  25.03.2022,  1.34  lakh  loans  amounting  to  Rs.  30,274  crores have been sanctioned since inception of the Scheme.

*****

| Annexure-1 as referred in reply to Lok Sabha Q.No. 5182 for 04.04.2022 State wise details of PMJDY accounts and Deposit (as on 26.01.2022)   | Annexure-1 as referred in reply to Lok Sabha Q.No. 5182 for 04.04.2022 State wise details of PMJDY accounts and Deposit (as on 26.01.2022)   | Annexure-1 as referred in reply to Lok Sabha Q.No. 5182 for 04.04.2022 State wise details of PMJDY accounts and Deposit (as on 26.01.2022)   | Annexure-1 as referred in reply to Lok Sabha Q.No. 5182 for 04.04.2022 State wise details of PMJDY accounts and Deposit (as on 26.01.2022)   |
|----------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------|
| S.No                                                                                                                                         | State/UT                                                                                                                                     | PMJDY Accounts (in lakh)                                                                                                                     | Deposit (in Rs. Crore)                                                                                                                       |
| 1                                                                                                                                            | Andaman &Nicobar Islands                                                                                                                     | 0.46                                                                                                                                         | 30.17                                                                                                                                        |
| 2                                                                                                                                            | Andhra Pradesh                                                                                                                               | 117.02                                                                                                                                       | 3,478.47                                                                                                                                     |
| 3                                                                                                                                            | Arunachal Pradesh                                                                                                                            | 3.75                                                                                                                                         | 185.15                                                                                                                                       |
| 4                                                                                                                                            | Assam                                                                                                                                        | 202.49                                                                                                                                       | 4,571.93                                                                                                                                     |
| 5                                                                                                                                            | Bihar                                                                                                                                        | 504.90                                                                                                                                       | 16,049.52                                                                                                                                    |
| 6                                                                                                                                            | Chandigarh                                                                                                                                   | 2.79                                                                                                                                         | 133.34                                                                                                                                       |
| 7                                                                                                                                            | Chhattisgarh                                                                                                                                 | 158.77                                                                                                                                       | 4,622.93                                                                                                                                     |
| 8                                                                                                                                            | Dadra &Nagar Haveli &Daman and Diu                                                                                                           | 2.10                                                                                                                                         | 119.84                                                                                                                                       |
| 9                                                                                                                                            | Delhi                                                                                                                                        | 51.89                                                                                                                                        | 2,089.60                                                                                                                                     |
| 10                                                                                                                                           | Goa                                                                                                                                          | 1.69                                                                                                                                         | 123.76                                                                                                                                       |
| 11                                                                                                                                           | Gujarat                                                                                                                                      | 166.89                                                                                                                                       | 7,106.18                                                                                                                                     |
| 12                                                                                                                                           | Haryana                                                                                                                                      | 83.86                                                                                                                                        | 4,401.28                                                                                                                                     |
| 13                                                                                                                                           | Himachal Pradesh                                                                                                                             | 15.77                                                                                                                                        | 1,105.05                                                                                                                                     |
| 14                                                                                                                                           | Jammu &Kashmir                                                                                                                               | 25.50                                                                                                                                        | 1,540.61                                                                                                                                     |
| 15                                                                                                                                           | Jharkhand                                                                                                                                    | 160.60                                                                                                                                       | 5,571.55                                                                                                                                     |
| 16                                                                                                                                           | Karnataka                                                                                                                                    | 156.06                                                                                                                                       | 5,697.33                                                                                                                                     |
| 17                                                                                                                                           | Kerala                                                                                                                                       | 48.83                                                                                                                                        | 2,062.10                                                                                                                                     |
| 18                                                                                                                                           | Ladakh                                                                                                                                       | 0.21                                                                                                                                         | 24.19                                                                                                                                        |
| 19                                                                                                                                           | Lakshadweep                                                                                                                                  | 0.06                                                                                                                                         | 11.07                                                                                                                                        |
| 20                                                                                                                                           | Madhya Pradesh                                                                                                                               | 368.82                                                                                                                                       | 8,491.26                                                                                                                                     |
| 21                                                                                                                                           | Maharashtra                                                                                                                                  | 311.44                                                                                                                                       | 10,312.27                                                                                                                                    |
| 22                                                                                                                                           | Manipur                                                                                                                                      | 10.21                                                                                                                                        | 192.69                                                                                                                                       |
| 23                                                                                                                                           | Meghalaya                                                                                                                                    | 6.12                                                                                                                                         | 315.81                                                                                                                                       |
| 24                                                                                                                                           | Mizoram                                                                                                                                      | 3.15                                                                                                                                         | 141.85                                                                                                                                       |
| 25                                                                                                                                           | Nagaland                                                                                                                                     | 3.44                                                                                                                                         | 87.57                                                                                                                                        |
| 26                                                                                                                                           | Odisha                                                                                                                                       | 183.87                                                                                                                                       | 7,048.14                                                                                                                                     |
| 27                                                                                                                                           | Puducherry                                                                                                                                   | 1.67                                                                                                                                         | 69.52                                                                                                                                        |
| 28                                                                                                                                           | Punjab                                                                                                                                       | 76.36                                                                                                                                        | 3,284.65                                                                                                                                     |
| 29                                                                                                                                           | Rajasthan                                                                                                                                    | 310.23                                                                                                                                       | 12,583.52                                                                                                                                    |
| 30                                                                                                                                           | Sikkim                                                                                                                                       | 0.85                                                                                                                                         | 45.09                                                                                                                                        |
| 31                                                                                                                                           | Tamil Nadu                                                                                                                                   | 114.80                                                                                                                                       | 3,111.66                                                                                                                                     |
| 32                                                                                                                                           | Telangana                                                                                                                                    | 104.04                                                                                                                                       | 3,032.82                                                                                                                                     |
| 33                                                                                                                                           | Tripura                                                                                                                                      | 8.51                                                                                                                                         | 404.60                                                                                                                                       |
| 34                                                                                                                                           | Uttar Pradesh                                                                                                                                | 779.97                                                                                                                                       | 32,395.46                                                                                                                                    |
| 35                                                                                                                                           | Uttarakhand                                                                                                                                  | 28.71                                                                                                                                        | 1,558.05                                                                                                                                     |
| 36                                                                                                                                           | West Bengal                                                                                                                                  | 442.17                                                                                                                                       | 15,099.59                                                                                                                                    |
|                                                                                                                                              | Total                                                                                                                                        | 4,458.02                                                                                                                                     | 157,098.63                                                                                                                                   |

Source- Banks

| Annexure-2 as referred in reply to Lok Sabha Q.No. 5182 for 04.04.2022   | Annexure-2 as referred in reply to Lok Sabha Q.No. 5182 for 04.04.2022   | Annexure-2 as referred in reply to Lok Sabha Q.No. 5182 for 04.04.2022   | Annexure-2 as referred in reply to Lok Sabha Q.No. 5182 for 04.04.2022   |
|--------------------------------------------------------------------------|--------------------------------------------------------------------------|--------------------------------------------------------------------------|--------------------------------------------------------------------------|
| S.No                                                                     | Bank wise details of PMJDY Bank Name                                     | accounts and amount deposited PMJDY Accounts (in lakh)                   | (as on 26.01.2022) Deposit (in Rs. Crore)                                |
| 1                                                                        | Axis Bank Ltd                                                            | 11.74                                                                    | 428.76                                                                   |
| 2                                                                        | Bank of Baroda                                                           | 713.18                                                                   | 27,528.96                                                                |
| 3                                                                        | Bank of India                                                            | 361.20                                                                   | 12,869.71                                                                |
| 4                                                                        | Bank of Maharashtra                                                      | 96.22                                                                    | 3,630.13                                                                 |
| 5                                                                        | Canara Bank                                                              | 205.60                                                                   | 9,358.44                                                                 |
| 6                                                                        | Central Bank of India                                                    | 185.05                                                                   | 5,695.74                                                                 |
| 7                                                                        | City Union Bank Ltd                                                      | 0.86                                                                     | 17.11                                                                    |
| 8                                                                        | Federal Bank Ltd                                                         | 6.35                                                                     | 325.03                                                                   |
| 9                                                                        | HDFC Bank Ltd                                                            | 25.86                                                                    | 1,590.19                                                                 |
| 10                                                                       | ICICI Bank Ltd                                                           | 44.55                                                                    | 508.97                                                                   |
| 11                                                                       | IDBI Bank Ltd.                                                           | 8.54                                                                     | 332.65                                                                   |
| 12                                                                       | Indian Bank                                                              | 193.90                                                                   | 7,549.77                                                                 |
| 13                                                                       | Indian Overseas Bank                                                     | 68.06                                                                    | 2,496.94                                                                 |
| 14                                                                       | IndusInd Bank Ltd                                                        | 4.13                                                                     | 61.79                                                                    |
| 15                                                                       | Jammu & Kashmir Bank Ltd                                                 | 20.94                                                                    | 1,349.00                                                                 |
| 16                                                                       | Karur Vysya Bank                                                         | 1.85                                                                     | 26.52                                                                    |
| 17                                                                       | Kotak Mahindra Bank Ltd                                                  | 1.58                                                                     | 29.41                                                                    |
| 18                                                                       | Lakshmi Vilas Bank Ltd                                                   | 1.84                                                                     | 26.96                                                                    |
| 19                                                                       | Punjab & Sind Bank                                                       | 14.51                                                                    | 402.30                                                                   |
| 20                                                                       | Punjab National Bank                                                     | 618.33                                                                   | 24,514.08                                                                |
| 21                                                                       | RBL Bank Ltd                                                             | 1.05                                                                     | 13.36                                                                    |
| 22                                                                       | South Indian Bank Ltd                                                    | 2.09                                                                     | 67.42                                                                    |
| 23                                                                       | State Bank of India                                                      | 1,503.41                                                                 | 46,625.43                                                                |
| 24                                                                       | UCO Bank                                                                 | 124.42                                                                   | 4,258.55                                                                 |
| 25                                                                       | Union Bank of India                                                      | 242.64                                                                   | 7,389.28                                                                 |
| 26 Yes                                                                   | Bank Ltd                                                                 | 0.12                                                                     | 2.15                                                                     |
| Total                                                                    | Total                                                                    | 4,458.02                                                                 | 157,098.63                                                               |

Source- Banks