Lok Sabha Question No. 1198 (UNSTARRED), answered on 2021-12-06
Subject: PMJD Yojana
Ministry: FINANCE
Asked by: Poonamben Hematbhai Maadam

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED QUESTION No. 1198

ANSWERED ON MONDAY, DECEMBER 6, 2021/ AGRAHAYANA 15, 1943 (SAKA)

## PMJD Yojana

## 1198. SHRIMATI POONAMBEN MAADAM

Will the Minister of FINANCE be pleased to state:

- (a) the details of the steps taken by the Government to facilitate 'The Pradhan Mantri JanDhan Yojana (PMJDY)' which envisaged universal access to banking facilities;
- (b) the number of people benefitted from this scheme in Gujarat;
- (c) the percentage of women among all beneficiaries of this scheme;
- (d) whether there is any clause of keeping minimum balance in the account; and
- (e) if so, the details thereof?

## Answer

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

(a) 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, the scheme was extended  beyond  14.08.2018  with  the  focus  on  opening  of  accounts  shifting  from  'every household' to 'every unbanked adult' with certain modifications. Under PMJDY, following are the facilities that envisaged universal access to banking facilities:

- i. One Basic Savings Bank Deposit (BSBD) account is opened for unbanked person;
- ii. A free RuPay debit card is given to the PMJDY account holders with inbuilt accident insurance cover of Rs. 1 lakh.  (For PMJDY accounts opened after 28.08.2018, inbuilt accident insurance cover is of Rs.2 lakh);
- iii. Eligible PMJDY account holders can avail overdraft facility up to Rs.10,000;
- iv. Direct Benefit Transfer (DBT) under different Government schemes can be received by respective eligible beneficiaries in their Jan-Dhan accounts;
- v. A digital pipeline of Jan-Dhan Aadhaar Mobile (JAM) has been laid through linking of Jan-Dhan account with mobile number and Aadhaar. This infrastructure pipeline is providing  the  necessary  backbone  for  and  easing  DBT  flows,  adoption  of  social security/pension schemes, facilitating credit flows, promoting digital payments, etc.

The  pipeline  has  also  facilitated  seamless  transfer  of  Aadhaar  enabled  banking transactions including cash withdrawal and remittance, the importance of which was duly recognized during the lockdown due to pandemic; and

- vi. PMJDY account  can  be  opened  at  any  bank  branch  or  banking  outlet  manned  by Business Correspondent (BC).

Further, to ensure availability of banking outlet (Bank branch/BC), within 5 kilometers of all inhabited  villages  the  Government  has  launched  a  Geographic  Information  System  (GIS) based  app.,  namely,  Jan  Dhan  Darshak  app  (JDD  app)  developed  by  National  Informatics Centre (NIC).  Banks have been provided login credentials to upload the GIS location of their branches, Business Correspondents and ATMs on the app.

As per data uploaded by the banks on JDD app, out of the 5.538 lakh mapped villages on the app, 5.536  lakh  (99.97%) villages  are  having  banking  outlet  (branch  or  BC)  within 5 kilometres distance.

(b) and (c) As informed by banks, the details of total number of beneficiaries under PMJDY (as on 17.11.2021) are as under:

In crore

|         |   Total Beneficiaries |   Female Beneficiaries | %of Female Beneficiaries   |
|---------|-----------------------|------------------------|----------------------------|
| India   |                 43.9  |                  24.42 | 55.60%                     |
| Gujarat |                  1.65 |                   0.84 | 51%                        |

(d) and (e) There is no requirement for maintaining minimum balance in PMJDY accounts.

*****